Tao Shen

Tsinghua University

Assistant Professor

Department of Finance

School of Economics and Management

China

SCHOLARLY PAPERS

15

DOWNLOADS
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SSRN RANKINGS

Top 11,301

in Total Papers Downloads

4,539

SSRN CITATIONS
Rank 26,622

SSRN RANKINGS

Top 26,622

in Total Papers Citations

18

CROSSREF CITATIONS

12

Scholarly Papers (15)

1.

Investment and the Weighted Average Cost of Capital

Number of pages: 51 Posted: 04 Mar 2012 Last Revised: 20 Jul 2015
Murray Z. Frank and Tao Shen
University of Minnesota and Tsinghua University
Downloads 1,847 (9,248)
Citation 11

Abstract:

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Weighted average cost of capital, investment, CAPM, implied cost of capital

2.

Reverse Mergers, Shell Value, and Regulation Risk in Chinese Equity Markets

Stanford University Graduate School of Business Research Paper No. 17-63
Number of pages: 68 Posted: 19 Sep 2017 Last Revised: 19 Oct 2017
Charles M.C. Lee, Yuanyu Qu and Tao Shen
Stanford University - Graduate School of Business, University of International Business and Economics (UIBE) - School of Banking and Finance and Tsinghua University
Downloads 409 (77,464)
Citation 8

Abstract:

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reverse mergers, shell value, anomalies, regulation risk, IPOs, Chinese equity markets.

3.

Common Factors in Corporate Capital Structure

Number of pages: 65 Posted: 02 Jul 2013
Murray Z. Frank and Tao Shen
University of Minnesota and Tsinghua University
Downloads 369 (87,285)
Citation 6

Abstract:

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capital structure, leverage target, reduced rank regression, partial adjustment

4.

Financing Entrepreneurship and Innovation in China: A Public Policy Perspective

Stanford University Graduate School of Business Research Paper No. 18-46
Number of pages: 55 Posted: 25 Sep 2018
Cornell University - Samuel Curtis Johnson Graduate School of Management, Stanford University - Graduate School of Business, University of International Business and Economics (UIBE) - School of Banking and Finance and Tsinghua University
Downloads 354 (91,579)
Citation 1

Abstract:

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5.

Going Public in China: Reverse Mergers versus IPOs

Stanford University Graduate School of Business Research Paper No. 18-15
Number of pages: 61 Posted: 14 Mar 2018 Last Revised: 08 Apr 2019
Charles M.C. Lee, Yuanyu Qu and Tao Shen
Stanford University - Graduate School of Business, University of International Business and Economics (UIBE) - School of Banking and Finance and Tsinghua University
Downloads 245 (135,823)
Citation 1

Abstract:

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Reverse Mergers, Initial Public Offerings, Capital Market Regulation, Chinese Security Markets, Market Reform in China

6.

Longs, Shorts, and the Cross-Section of Stock Returns

Number of pages: 44 Posted: 09 Dec 2016 Last Revised: 15 Jan 2019
Michigan State University, Tsinghua University, University of Central Florida - College of Business Administration and University of Nebraska - Lincoln
Downloads 222 (149,577)
Citation 1

Abstract:

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Short Selling, Hedge Funds, Stock Returns, Disagreement, Dispersions in Analysts' Forecasts

7.

Organized Labor and Loan Pricing: A Regression Discontinuity Design Analysis

Number of pages: 43 Posted: 07 Apr 2016 Last Revised: 04 Oct 2016
Yue Qiu and Tao Shen
Temple University and Tsinghua University
Downloads 220 (150,874)
Citation 3

Abstract:

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labor unions, bank loans, regression discontinuity design

8.

Short Selling, Agency, and Corporate Investment

Number of pages: 69 Posted: 01 Nov 2014 Last Revised: 08 Apr 2020
Michigan State University, Tsinghua University and University of Central Florida - College of Business Administration
Downloads 189 (173,654)

Abstract:

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Short Selling, Agency Problems, Corporate Investment, Stock Returns

9.

Corporate Capital Structure Actions

Number of pages: 77 Posted: 09 Dec 2016 Last Revised: 21 Jul 2019
Murray Z. Frank and Tao Shen
University of Minnesota and Tsinghua University
Downloads 146 (216,710)
Citation 2

Abstract:

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Corporate leverage target, Stock sales, Stock purchases, Debt issues, Debt reductions

10.

Credit Spreads and Investment Opportunities

Number of pages: 46 Posted: 15 Mar 2012 Last Revised: 17 Nov 2015
Tao Shen
Tsinghua University
Downloads 139 (225,443)

Abstract:

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Q, investment, credit spreads

11.

The Pecking Order Theory of Capital Structure: Where Do We Stand?

Number of pages: 42 Posted: 14 Mar 2020 Last Revised: 23 Mar 2020
University of Minnesota, Hong Kong University of Science & Technology (HKUST) - Department of Finance and Tsinghua University
Downloads 124 (246,158)

Abstract:

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pecking order, net equity issues, net debt issues, financing deficit

12.

Cross-Border Leveraged Buyouts

Number of pages: 57 Posted: 26 Jan 2015 Last Revised: 04 Apr 2016
Isaac Holloway, Hoan Lee and Tao Shen
Tsinghua University - School of Economics & Management, Tsinghua University - School of Economics & Management and Tsinghua University
Downloads 120 (252,355)

Abstract:

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Leveraged buyouts, private equity, cross-border mergers and acquisitions

13.

U.S. Dollar Debt Issuance by Chinese Firms

Number of pages: 44 Posted: 04 Oct 2016
Murray Z. Frank and Tao Shen
University of Minnesota and Tsinghua University
Downloads 94 (298,522)
Citation 1

Abstract:

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debt issuance, capital control, corporate investment

14.

The Geography of Information Acquisition

Number of pages: 63 Posted: 24 Apr 2019 Last Revised: 13 Nov 2019
Department of Finance, University of Central Florida, University of International Business and Economics (UIBE) - School of Banking and Finance, Tsinghua University and University of Central Florida - College of Business Administration
Downloads 59 (388,448)
Citation 1

Abstract:

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mutual funds, information acquisition, local bias, portfolio choice

15.

Distance, high-speed railway connection, and price efficiency: Evidence from China

Number of pages: 56
Hao Gao, Yuanyu Qu and Tao Shen
Tsinghua University - PBC School of Finance, University of International Business and Economics (UIBE) - School of Banking and Finance and Tsinghua University
Downloads 2

Abstract:

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Price efficiency; Geographical proximity; High-speed railway network; Information acquisitions