Kai Wu

Central University of Finance and Economics (CUFE) - School of Finance

Beijing

China

SCHOLARLY PAPERS

23

DOWNLOADS
Rank 33,022

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Top 33,022

in Total Papers Downloads

1,832

SSRN CITATIONS

3

CROSSREF CITATIONS

1

Scholarly Papers (23)

1.

Mutual Fund Advisory Misconduct: Investor Flows and Company Reactions

Number of pages: 63 Posted: 13 Nov 2017 Last Revised: 11 Aug 2020
Bing Liang, Yuying Sun and Kai Wu
University of Massachusetts Amherst - Department of Finance, Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 245 (155,653)

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investor monitoring; misconduct allegation; advisory contracting

2.

Intangible Intensity and Stock Price Crash Risk

Journal of Corporate Finance, Forthcoming
Number of pages: 60 Posted: 16 Jan 2020 Last Revised: 19 Jun 2020
Kai Wu and Seiwai Lai
Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 212 (178,739)
Citation 3

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Intangible intensity, Information asymmetry, Crash risk

3.

Are Mutual Fund Manager Skills Transferable to Private Funds?

International Review of Economics & Finance, Forthcoming
Number of pages: 48 Posted: 07 May 2019 Last Revised: 08 Jul 2021
affiliation not provided to SSRN, University of Massachusetts Amherst - Department of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 118 (290,659)
Citation 1

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private funds, mutual funds, investment skills, work experience

4.

Economic Policy Uncertainty and Global ETF Flows

Number of pages: 56 Posted: 19 Mar 2020 Last Revised: 09 Dec 2020
Central University of Finance and Economics (CUFE) - School of Finance, Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science, Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 116 (294,084)

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economic relatedness, investor sentiment, sentiment-driven flows, fundamental-driven flows

5.

How Do Firms Manage Earnings Following Natural Disasters?

Number of pages: 34 Posted: 07 Oct 2020 Last Revised: 23 Jun 2021
Central University of Finance and Economics (CUFE) - School of Finance, Nanjing University of Information Science & Technology - School of Environmental Science and Engineering, Chinese Academy of Sciences (CAS) - Center for Forecasting Science; Academy of Mathematics and Systems Sciences, School of Public Policy, University of Maryland at College Park and ASU WP Carey School of Business
Downloads 110 (305,298)
Citation 1

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Natural Disasters; Earnings Management; External Monitoring; Information Asymmetries

6.

Manager Sentiment, Deal Characteristics, and Takeover Performance

Number of pages: 62 Posted: 26 Feb 2020 Last Revised: 02 May 2021
Suwei An, Xiaofen Tan and Kai Wu
Tilburg University - Tilburg School of Economics and Management, Central University of Finance and Economics (CUFE) and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 102 (321,438)

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manager sentiment; deal characteristic; takeover performance; textual analysis

7.

The Power of Title: Intellectual Property Support and Firm Innovation

Number of pages: 52 Posted: 16 Apr 2020 Last Revised: 07 Apr 2021
Maobin Xu and Kai Wu
The Chinese University of Hong Kong, Shenzhen and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 88 (353,116)

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intellectual property, government support, firm innovation

8.

Firm-Level Political Risk and Capital Structure Dynamics

Number of pages: 60 Posted: 14 Jul 2020 Last Revised: 07 Apr 2021
Kai Wu and Seiwai Lai
Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 87 (355,563)

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political risk; capital structure; adjustment cost; financial flexibility

9.

Do Intangible Assets Really Foster Corporate Tax Avoidance?

Number of pages: 63 Posted: 26 Mar 2021 Last Revised: 24 Aug 2021
Kai Wu and Weimian Ai
Central University of Finance and Economics (CUFE) - School of Finance and Einaudi Institute for Economics and Finance (EIEF)
Downloads 82 (371,154)

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intangible assets; tax avoidance; firm productivity

10.

Does Performance Commitment Protect M&A Bidders?

Number of pages: 52 Posted: 14 Jul 2020 Last Revised: 16 Feb 2021
Kai Wu, Maobin Xu and Zejun Jin
Central University of Finance and Economics (CUFE) - School of Finance, The Chinese University of Hong Kong, Shenzhen and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 80 (373,938)

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performance commitment, corporate risk-taking, bidding aggressiveness

11.

Acquisition for Innovations? M&A Intensity and Intra-Firm R&D Reallocations

Number of pages: 49 Posted: 30 Oct 2019 Last Revised: 07 Apr 2021
Shuxun Wang, Kai Wu and Seiwai Lai
Capital University of Economics and Business, Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 65 (419,105)

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M\&A intensity; firm innovation; R\&D reallocation; China

12.

Government Subsidy Dependence and Stock Price Crash Risk

Number of pages: 55 Posted: 24 Nov 2020 Last Revised: 23 Aug 2021
Southeast University - School of Economics and Management,, Southeast University - School of Economics and Management and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 57 (450,953)

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government subsidy; crash risk; ultimate ownership; external monitoring

13.

Is Illiquidity Priced in the Chinese Stock Market?

Number of pages: 53 Posted: 22 Mar 2021
Jun Liu, Kai Wu and Lang Zheng
Tilburg University - TIAS School for Business and Society, Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE)
Downloads 56 (450,953)

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stock liquidity, illiquidity premium, stock returns

14.

Understanding the Information Content of Alternative Cost-of-Equity Proxies

Number of pages: 49 Posted: 07 May 2019 Last Revised: 07 May 2021
Soku Byoun and Kai Wu
Baylor University and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 56 (450,953)
Citation 1

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cost of equity; corporate investment; return decomposition

15.

Thirst for Money: External Guarantees and Stock Price Crash Risk

Number of pages: 73 Posted: 17 Oct 2020 Last Revised: 30 Aug 2021
Kai Wu, Zejun Jin and Maobin Xu
Central University of Finance and Economics (CUFE) - School of Finance, Central University of Finance and Economics (CUFE) - School of Finance and The Chinese University of Hong Kong, Shenzhen
Downloads 52 (465,967)

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external guarantees, information asymmetry, crash risk

16.

Firm-Level Political Risk and Corporate Innovation

Number of pages: 33 Posted: 08 Jul 2021 Last Revised: 10 Jul 2021
Southeast University - School of Economics and Management,, Southeast University - School of Economics and Management, Central University of Finance and Economics (CUFE) - School of Finance and Southeast University - School of Economics and Management
Downloads 50 (473,968)
Citation 1

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Political Risk, Local Corruption, Cost of Capital, Innovation

17.

Innovation Overload?

Number of pages: 33 Posted: 20 Aug 2018 Last Revised: 23 Jan 2020
Cornell University - Dyson School of Applied Economics and Management, University of South Carolina, Darla Moore School of Business and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 50 (473,968)

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Innovation Diffusion, Bounded Rationality

18.

News Tone, Investor Sentiment, and Liquidity Premium

Number of pages: 41 Posted: 24 May 2021
Tilburg University - TIAS School for Business and Society, Central University of Finance and Economics (CUFE) - School of Finance, Central University of Finance and Economics (CUFE) and Central University of Finance and Economics (CUFE)
Downloads 47 (486,411)

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investor sentiment, liquidity, expected stock returns

19.

Customer Concentration and Speed of Capital Structure Adjustment

Number of pages: 79 Posted: 12 Mar 2021 Last Revised: 24 Jul 2021
Southeast University - School of Economics and Management,, Southeast University - School of Economics and Management, Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 43 (504,053)

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customer concentration; capital structure; cash flow risk

20.

Market Liquidity and Price Disparity: Evidence from Chinese Cross-Listed Firms

Number of pages: 50 Posted: 08 Jan 2021 Last Revised: 15 Apr 2021
Tilburg University - TIAS School for Business and Society, Central University of Finance and Economics (CUFE) - School of Finance, Central University of Finance and Economics (CUFE) and China Securities Co., Ltd.
Downloads 34 (548,145)

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market liquidity, price disparity, the law of one price

21.

It Pays to Have Guanxi: Social Networks and Household Income in China

Number of pages: 48 Posted: 12 Aug 2020 Last Revised: 24 Feb 2021
Kai Wu, Seiwai Lai and He Sun
Central University of Finance and Economics (CUFE) - School of Finance, Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 33 (553,493)

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social network; household income; gift expenditure

22.

The Effect of Oil Supply Shocks on Industry Returns

Number of pages: 61 Posted: 25 Jan 2021
Dayong Huang, Jay Y. Li and Kai Wu
University of North Carolina (UNC) at Greensboro - Bryan School of Business & Economics, University of North Carolina at Greensboro and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 28 (582,124)

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Oil Prices, Oil Supply Shocks, Stock Returns

23.

Shale Oil Exploration and Regional Innovations

Number of pages: 55 Posted: 18 Feb 2021
Kai Wu and Zixuan Jiang
Central University of Finance and Economics (CUFE) - School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 21 (628,462)

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shale oil, inventor migration, regional innovation