Fei Xie

University of Delaware - Lerner College of Business and Economics

42 Amstel Ave

Newark, DE 19716

United States

http://sites.google.com/site/feisresearch/

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • University of Delaware - Lerner College of Business and Economics

    • Email
    • Tel: (302) 8313811

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

23

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25,205

TOTAL CITATIONS
Rank 1,318

SSRN RANKINGS

Top 1,318

in Total Papers Citations

567

Scholarly Papers (23)

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1.

Agency Problems at Dual-Class Companies

Downloads 3,919 ( 5,835)
Citation 96

Agency Problems at Dual-Class Companies

Journal of Finance, Forthcoming, 3rd Annual Conference on Empirical Legal Studies Papers, ECGI - Finance Working Paper No. 209/2008
Number of pages: 49 Posted: 07 May 2008 Last Revised: 01 Nov 2023
Ronald W. Masulis, Cong Wang and Fei Xie
University of New South Wales, Sydney, The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 2,769 (10,027)
Citation 87

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Dual class shares, dual class stock, agency costs, conflicts of interest, voting rights and cash flow rights divergence, acquisitions, announcement effects, empire building, executive compensation, CEO compensation, value of cash holdings, capital expenditures

Agency Problems at Dual-Class Companies

Number of pages: 48 Posted: 06 Feb 2007 Last Revised: 01 Nov 2023
Ronald W. Masulis, Cong Wang and Fei Xie
University of New South Wales, Sydney, The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 1,150 (38,975)
Citation 9

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Dual class shares, dual class stock, agency costs, conflicts of interest, voting rights and cash flow rights wedge, acquisitions, announcement effects, empire building, executive compensation, CEO compensation, value of cash holdings, capital expenditures

2.

Corporate Governance and Acquirer Returns

ECGI-Finance Working Paper No. 116/2006, Journal of Finance, Forthcoming
Number of pages: 63 Posted: 11 Apr 2005
Ronald W. Masulis, Cong Wang and Fei Xie
University of New South Wales, Sydney, The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 3,737 (6,355)
Citation 87

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Corporate Governance, Anti-takeover Provisions, Takeover Protection, Market for Corporate Control, Acquisitions, Acquisition Profitability, Agency Problems

3.

Corporate Governance Transfer and Synergistic Gains from Mergers and Acquisitions

Downloads 2,184 (14,943)
Citation 15

Corporate Governance Transfer and Synergistic Gains from Mergers and Acquisitions

Review of Financial Studies, Forthcoming
Number of pages: 49 Posted: 18 May 2007 Last Revised: 29 Oct 2007
Cong Wang and Fei Xie
The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 2,184 (14,649)
Citation 15

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Corporate Governance, Mergers and Acquisitions, Synergy, Efficiency Gains

Corporate Governance Transfer and Synergistic Gains from Mergers and Acquisitions

The Review of Financial Studies, Vol. 22, Issue 2, pp. 829-858, 2009
Posted: 25 Jan 2009
Cong Wang and Fei Xie
The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics

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G34, G14, K22

4.

Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm Performance

Journal of Accounting & Economics (JAE), Forthcoming, AFA 2011 Denver Meetings Paper, ECGI - Finance Working Paper No. 242/2009
Number of pages: 69 Posted: 19 Mar 2010 Last Revised: 08 Jan 2012
Ronald W. Masulis, Cong Wang and Fei Xie
University of New South Wales, Sydney, The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 1,888 (18,897)
Citation 149

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Foreign Director, Board of Directors, Corporate Governance, Independent Director, Foreign Independent Director, Agency Costs, Board Monitoring, Cross-Border Acquisition, Earnings Restatement, Financial Misreporting, CEO Compensation, Board Attendance, Operating Performance, Tobin's Q

5.

CEO Inside Debt and Accounting Conservatism

Contemporary Accounting Research 35(4), 2131-2159
Number of pages: 44 Posted: 06 Nov 2010 Last Revised: 02 Mar 2020
Cong Wang, Fei Xie and Xiangang Xin
The Chinese University of Hong Kong, Shenzhen, University of Delaware - Lerner College of Business and Economics and The Chinese University of Hong Kong (CUHK)
Downloads 1,797 (20,402)
Citation 20

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Managerial Ownership of Debt, Inside Debt, Deferred Compensation, Executive Pension, Accounting Conservatism, Agency Costs of Debt

6.

Do Corporate Venture Capitalists Add Value to Startup Firms? Evidence from IPOs and Acquisitions of VC-Backed Companies

Financial Management, Forthcoming
Number of pages: 41 Posted: 25 May 2007 Last Revised: 06 May 2009
Vladimir I. Ivanov and Fei Xie
US Securities & Exchange Commission and University of Delaware - Lerner College of Business and Economics
Downloads 1,340 (31,722)
Citation 2

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Corporate venture capital, Value added, Initial public offering, Mergers and Acquisitions

7.

Trust, Incomplete Contracting, and Corporate Innovation

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 607/2019, Management Science forthcoming
Number of pages: 57 Posted: 12 Jun 2017 Last Revised: 19 Feb 2021
Fei Xie, Bohui Zhang and Wenrui Zhang
University of Delaware - Lerner College of Business and Economics, The Chinese University of Hong Kong, Shenzhen and Colorado State University, Fort Collins - Department of Finance & Real Estate
Downloads 1,178 (38,217)
Citation 2

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Trust, Innovation, Incomplete contracting, Collaboration, Risk taking

8.

Foreign Institutional Investors and Corporate Voluntary Disclosure around the World

The Accounting Review 94(5), 319-348
Number of pages: 59 Posted: 06 Dec 2013 Last Revised: 14 Mar 2020
Albert Tsang, Fei Xie and Xiangang Xin
School of Business, Southern University of Science and Technology, China, University of Delaware - Lerner College of Business and Economics and The Chinese University of Hong Kong (CUHK)
Downloads 1,170 (38,627)
Citation 3

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Foreign institutional investors, corporate information environment, corporate disclosure, management forecasts, country-level corporation governance

9.

Managerial Ownership of Debt and Bank Loan Contracting

Number of pages: 42 Posted: 06 Nov 2010 Last Revised: 07 Jun 2011
Cong Wang, Fei Xie and Xiangang Xin
The Chinese University of Hong Kong, Shenzhen, University of Delaware - Lerner College of Business and Economics and The Chinese University of Hong Kong (CUHK)
Downloads 1,125 (40,933)
Citation 31

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Managerial ownership of debt, inside debt, executive pension, deferred compensation, bank loan contracting, loan spread, agency costs of debt, expropriation risk, syndicate size, covenant restriction, collateral requirement

10.

Directors: Older and Wiser, or Too Old to Govern?

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 584/2018 Journal of Financial and Quantitative Analysis - Forthcoming
Number of pages: 71 Posted: 26 Nov 2018 Last Revised: 17 Sep 2023
Ronald W. Masulis, Cong Wang, Fei Xie and Shuran Zhang
University of New South Wales, Sydney, The Chinese University of Hong Kong, Shenzhen, University of Delaware - Lerner College of Business and Economics and Hong Kong Polytechnic University
Downloads 1,084 (43,348)
Citation 5

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boardroom aging, older directors, board monitoring, board advising, agency problems

11.

Industry Expertise of Independent Directors and Board Monitoring

Journal of Financial and Quantitative Analysis, Vol. 50, Issue 5, pp. 929-962
Number of pages: 74 Posted: 11 Mar 2013 Last Revised: 19 Jan 2017
Cong Wang, Fei Xie and Min Zhu
The Chinese University of Hong Kong, Shenzhen, University of Delaware - Lerner College of Business and Economics and City University of Hong Kong (CityU)
Downloads 1,061 (44,601)
Citation 54

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12.

When Firms Talk, Do Investors Listen? The Role of Trust in Stock Market Reactions to Corporate Earnings Announcements

Journal of Financial Economics, 117(1), 190-223
Number of pages: 72 Posted: 12 Sep 2012 Last Revised: 13 Jun 2015
Mikhail Pevzner, Fei Xie and Xiangang Xin
University of Baltimore - Merrick School of Business, University of Delaware - Lerner College of Business and Economics and The Chinese University of Hong Kong (CUHK)
Downloads 1,043 (45,620)
Citation 37

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Culture, Trust, Investor Reaction, Corporate Earnings Announcement, Investor Protection, Disclosure Requirements, Education, Information Asymmetry

13.

Analyst Career Concerns, Effort Allocation, and Firms’ Information Environment

Review of Financial Studies, Forthcoming
Number of pages: 65 Posted: 06 Apr 2017 Last Revised: 24 Aug 2018
Jarrad Harford, Feng Jiang, Rong Wang and Fei Xie
University of Washington, University at Buffalo - School of Management, Singapore Management University and University of Delaware - Lerner College of Business and Economics
Downloads 738 (73,214)
Citation 19

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Sell-side analysts; Effort allocation; Limited attention; Career concerns; Earnings forecast; Stock recommendation; Firm information environment; Labor market outcomes

14.

Employee-Manager Alliances and Shareholder Returns from Acquisitions

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 583/2018
Number of pages: 73 Posted: 10 Jan 2017 Last Revised: 01 Dec 2018
Ronald W. Masulis, Cong Wang and Fei Xie
University of New South Wales, Sydney, The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 464 (130,586)
Citation 7

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Market for Corporate Control, Takeover Protection, Worker-Manager Alliance, Employee Stock Ownership Plan, Acquisition Profitability, Agency Problems, Employee Treatment

15.

Are All Analysts Created Equal? Industry Expertise and Monitoring Effectiveness of Financial Analysts

Journal of Accounting and Economics, Forthcoming
Number of pages: 62 Posted: 02 Nov 2014 Last Revised: 01 Mar 2017
Daniel Bradley, Sinan Gokkaya, Xi Liu and Fei Xie
University of South Florida, Department of Finance, Ohio University, Miami University of Ohio - Richard T. Farmer School of Business Administration and University of Delaware - Lerner College of Business and Economics
Downloads 422 (146,084)
Citation 12

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analysts; monitoring; governance

16.

Creditor Control Rights and Financial Reporting Conservatism

Number of pages: 54 Posted: 11 Apr 2012
Cong Wang, Fei Xie and Xiangang Xin
The Chinese University of Hong Kong, Shenzhen, University of Delaware - Lerner College of Business and Economics and The Chinese University of Hong Kong (CUHK)
Downloads 381 (164,105)
Citation 2

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17.

The Dark Side of Industry Tournament Incentives

European Corporate Governance Institute – Finance Working Paper No. 684/2020
Number of pages: 64 Posted: 11 Nov 2019 Last Revised: 06 Mar 2023
Qianqian Huang, Feng Jiang and Fei Xie
City University of Hong Kong, University at Buffalo - School of Management and University of Delaware - Lerner College of Business and Economics
Downloads 325 (195,132)
Citation 5

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Industry tournament incentives; managerial labor market; benchmark beating; earnings management; selective news release

18.

Is There Investment Value in Soft Dollar Arrangements? Evidence from Mutual Funds

Review of Financial Studies Forthcoming, 29th Annual Conference on Financial Economics & Accounting 2018
Number of pages: 58 Posted: 02 Aug 2018 Last Revised: 28 Oct 2022
Sinan Gokkaya, Xi Liu, Veronika Krepely Pool, Fei Xie and Jinfan Zhang
Department of Finance, Ohio University, Miami University of Ohio - Richard T. Farmer School of Business Administration, Vanderbilt University - Finance, University of Delaware - Lerner College of Business and Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 317 (200,378)
Citation 4

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Soft-dollar arrangements, broker commissions, mutual funds, sell-side research, industry knowledge, analyst coverage terminations

19.

Common Business Group Affiliation, Media Reporting, and Firm Real Effects

European Corporate Governance Institute – Finance Working Paper No. 691/2020
Number of pages: 58 Posted: 23 Jul 2020 Last Revised: 14 Apr 2022
Yi Ru, Fei Xie and Jian Xue
Renmin University of China - Business School, University of Delaware - Lerner College of Business and Economics and Tsinghua University - School of Economics & Management
Downloads 305 (208,944)
Citation 3

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Common Business Group Affiliation, Media Ownership, Media Objectivity, Real Effects

20.

Expert Advice: Industry Expertise of M&A Advisors and Acquirer Shareholder Returns

Journal of Financial and Quantitative Analysis forthcoming
Number of pages: 43 Posted: 25 Aug 2020 Last Revised: 11 Jan 2021
Cong Wang, Fei Xie and Kuo Zhang
The Chinese University of Hong Kong, Shenzhen, University of Delaware - Lerner College of Business and Economics and Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management
Downloads 298 (214,041)
Citation 5

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Industry Expertise, M&A Advisor, Acquirer Returns, Advisory Fee, Advisor Choice

21.

Do Executive Stock Options Induce Excessive Risk Taking?

Journal of Banking and Finance, Vol. 34, 2010
Number of pages: 44 Posted: 27 Aug 2012
Zhiyong Dong, Cong Wang and Fei Xie
Beijing University, The Chinese University of Hong Kong, Shenzhen and University of Delaware - Lerner College of Business and Economics
Downloads 256 (250,209)
Citation 8

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Executive stock options, Excessive risk taking, Capital structure, Securities offerings

22.

Can I Trust You with My Money? The Role of Social Trust in Corporate Cash Policy

Number of pages: 52 Posted: 01 Oct 2015
Fei Xie and Xiangang Xin
University of Delaware - Lerner College of Business and Economics and The Chinese University of Hong Kong (CUHK)
Downloads 118 (493,802)
Citation 1

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23.

Is There Wisdom Among the DAO Crowd? Evidence from Vote Delegation

Number of pages: 78 Posted: 05 Feb 2025 Last Revised: 17 Mar 2025
Chuxuan Fan, Tao Shu and Fei Xie
The Chinese University of Hong Kong, Shenzhen - School of Management and Economics, The Chinese University of Hong Kong (CUHK) - CUHK Business School and University of Delaware - Lerner College of Business and Economics
Downloads 55 (775,624)

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Decentralized Autonomous Organizations, Vote Delegation, Incentive Alignment, Conflicts of Interest, Voting Choices