Tao Shen

Tsinghua University

Assistant Professor

Department of Finance

School of Economics and Management

China

  • Tsinghua University

SCHOLARLY PAPERS

15

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5,827

SSRN CITATIONS
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Top 21,916

in Total Papers Citations

30

CROSSREF CITATIONS

16

Scholarly Papers (15)

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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 1,909 (10,265)
Citation 16

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

2.

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

Oxford Research Encyclopedia of Economics and Finance
Number of pages: 42 Posted: 14 Mar 2020 Last Revised: 25 Mar 2021
Murray Z. Frank, Vidhan K. Goyal and Tao Shen
University of Minnesota, HKUST and Tsinghua University
Downloads 687 (46,516)
Citation 2

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

3.

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 533 (64,188)
Citation 11

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

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
Lin William Cong, Charles M.C. Lee, Yuanyu Qu and Tao Shen
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 531 (64,472)
Citation 3

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5.

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 387 (94,245)
Citation 7

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

6.

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 307 (121,884)
Citation 2

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

7.

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

Number of pages: 44 Posted: 09 Dec 2016 Last Revised: 15 Jan 2019
Pedram Nezafat, Tao Shen, Qinghai Wang and J. (Julie) Wu
University of Michigan at Ann Arbor - Finance, Tsinghua University, University of Central Florida - College of Business Administration and University of Nebraska - Lincoln
Downloads 242 (155,484)
Citation 1

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

8.

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 238 (158,018)
Citation 4

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labor unions, bank loans, regression discontinuity design

9.

Short Selling, Agency, and Corporate Investment

Number of pages: 69 Posted: 01 Nov 2014 Last Revised: 08 Apr 2020
Pedram Nezafat, Tao Shen and Qinghai Wang
University of Michigan at Ann Arbor - Finance, Tsinghua University and University of Central Florida - College of Business Administration
Downloads 205 (182,091)
Citation 1

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Short Selling, Agency Problems, Corporate Investment, Stock Returns

10.

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 165 (220,512)
Citation 5

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

11.

The Geography of Information Acquisition

Number of pages: 63 Posted: 24 Apr 2019 Last Revised: 20 Mar 2021
Honghui Chen, Yuanyu Qu, Tao Shen and Qinghai Wang
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 164 (221,658)
Citation 2

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mutual funds, information acquisition, local bias, portfolio choice

12.

Credit Spreads and Investment Opportunities

Number of pages: 46 Posted: 15 Mar 2012 Last Revised: 17 Nov 2015
Tao Shen
Tsinghua University
Downloads 144 (246,920)

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Q, investment, credit spreads

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 126 (273,704)
Citation 1

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debt issuance, capital control, corporate investment

14.

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 124 (276,978)

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

15.

Geographic Proximity and Price Efficiency: Evidence from High-speed Railway Connections Between Firms and Financial Centers

Number of pages: 55 Posted: 17 Jul 2020 Last Revised: 12 May 2021
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 65 (413,960)

Abstract:

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Price efficiency; Geographic proximity; High-speed railway; Information acquisitions