Clark Liu

Tsinghua University - PBC School of Finance

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

SCHOLARLY PAPERS

11

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SSRN CITATIONS
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Top 28,867

in Total Papers Citations

14

CROSSREF CITATIONS

17

Scholarly Papers (11)

1.

Is the Chinese Anti-Corruption Campaign Authentic? Evidence from Corporate Investigations

29th Annual Conference on Financial Economics & Accounting 2018, Finance Down Under 2019 Building on the Best from the Cellars of Finance, Paris December 2018 Finance Meeting EUROFIDAI - AFFI, PBCSF-NIFR Research Paper
Number of pages: 108 Posted: 20 May 2016 Last Revised: 23 Apr 2021
John M. Griffin, Clark Liu and Tao Shu
University of Texas at Austin - Department of Finance, Tsinghua University - PBC School of Finance and The Chinese University of Hong Kong, Shenzhen
Downloads 1,316 (19,319)
Citation 20

Abstract:

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Anti-Corruption Campaign, China, Corrupt Managers, Corrutpion Measures, Corporate Culture

2.

Life is Too Short? Bereaved Managers and Investment Decisions

Proceedings of Paris December 2019 Finance Meeting EUROFIDAI - ESSEC, 27th Annual Conference on Financial Economics and Accounting Paper
Number of pages: 61 Posted: 12 Sep 2015 Last Revised: 30 Aug 2021
Tsinghua University - PBC School of Finance, The Chinese University of Hong Kong, Shenzhen, National University of Singapore (NUS) - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 532 (67,268)
Citation 3

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Life Experience, Bereavement, Investment Decisions, Mutual Fund, Public Firms, Risk Taking, Endogenous Matching

3.

Trading Imbalances and the Relative Prices of Stock Pairs

Number of pages: 26 Posted: 18 Mar 2011
Mark S. Seasholes and Clark Liu
Arizona State University (ASU) and Tsinghua University - PBC School of Finance
Downloads 293 (133,384)

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Liquidity, Dual-Class Stocks

4.

Demand Curves for Stocks Slope Down in the Long Run: Evidence from the Chinese Split-Share Structure Reform

Critical Finance Review forthcoming, PBCSF-NIFR Research Paper
Number of pages: 53 Posted: 10 Aug 2016 Last Revised: 24 Feb 2021
Clark Liu and Baolian Wang
Tsinghua University - PBC School of Finance and University of Florida - Department of Finance, Insurance and Real Estate
Downloads 276 (141,966)
Citation 2

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Long-Term Demand Curve; Divergence of Opinion; Split-Share Structure Reform; A/B Share; Lack of Substitutes

5.

Demand Shock, Speculative Beta, and Asset Prices: Evidence from the Shanghai-Hong Kong Stock Connect Program

PBCSF-NIFR Research Paper
Number of pages: 69 Posted: 01 Feb 2016 Last Revised: 27 Feb 2021
Clark Liu, Shujing Wang and K.C. John Wei
Tsinghua University - PBC School of Finance, Tongji University and Hong Kong Polytechnic University
Downloads 147 (252,251)
Citation 5

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Demand shock; Speculative beta; Heterogeneous beliefs; Short-sale constraints; Market liberalization

6.

Trading Imbalances, Liquidity, and the Law of One Price

Number of pages: 29 Posted: 19 Mar 2010
Mark S. Seasholes and Clark Liu
Arizona State University (ASU) and Tsinghua University - PBC School of Finance
Downloads 119 (296,324)
Citation 1

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Law of One Price, Cross-Listings, Order Imbalances

7.

Bank Loan Announcement Effects — Evidence from a Comprehensive 8-K Sample

PBCSF-NIFR Research Paper, Allied Social Sciences Association ASSA/AEA 2021 Poster
Number of pages: 54 Posted: 17 Dec 2019 Last Revised: 10 Feb 2021
Shuyue Chen, Steven Wei Ho and Clark Liu
Tsinghua University, PBC School of Finance, Students, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Tsinghua University - PBC School of Finance
Downloads 116 (301,725)

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Event Study, Big Data, Loan Announcement Return, Bank Loans

8.

Information Production, Volume, and Return Dynamics

Number of pages: 48 Posted: 02 Dec 2015 Last Revised: 11 Jan 2016
Clark Liu, Lei Mao and Mark S. Seasholes
Tsinghua University - PBC School of Finance, The Chinese University of Hong Kong, Shenzhen and Arizona State University (ASU)
Downloads 107 (319,239)
Citation 1

Abstract:

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information content of volume, high volume return premium, cross-sectional returns

The Demand Effect of Yield-Chasing Retail Investors: Evidence from the Chinese Enterprise Bond Market

First Annual Volatility Institute at NYU Shanghai (VINS) Conference - 2015, PBCSF-NIFR Research Paper
Number of pages: 57 Posted: 14 Jun 2016 Last Revised: 29 Oct 2020
Tsinghua University - PBC School of Finance, Tongji University, Hong Kong Polytechnic University and Tong Ji University - School of Economics and Management
Downloads 36 (563,399)
Citation 3

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Enterprise bonds; Yield-chasing; Demand and supply effects; Limits to arbitrage; The law of one price

The Demand Effect of Yield-Chasing Retail Investors: Evidence from the Chinese Enterprise Bond Market

Journal of Empirical Finance, Vol. 50, 2019, First Annual Volatility Institute at NYU Shanghai (VINS) Conference - 2015
Number of pages: 57 Posted: 14 Jun 2016
Tsinghua University - PBC School of Finance, Tongji University, Hong Kong Polytechnic University and Tong Ji University - School of Economics and Management
Downloads 10 (754,300)
Citation 1

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Enterprise bonds; Yield-chasing; Demand and supply effects; Limits to arbitrage; The law of one price

10.

Investment, Idiosyncratic Risk, and Growth Options

Journal of Empirical Finance, Forthcoming
Number of pages: 51 Posted: 24 Feb 2021
Clark Liu and Shujing Wang
Tsinghua University - PBC School of Finance and Tongji University
Downloads 25 (615,229)

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Investment; Idiosyncratic Risk; Growth Options; Agency Problem; Managerial Risk Aversion

11.

Dual-Listed Shares and Trading

Posted: 15 Mar 2012
Clark Liu and Mark S. Seasholes
Tsinghua University - PBC School of Finance and Arizona State University (ASU)

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Dual-Listed Shares, Trading Imbalances, Cost of a Short-Sale Ban