Hai Zhang

Strathclyde Business School

Senior Lecturer in Finance

199 Cathedral Street

Glasgow G4 0QU

United Kingdom

SCHOLARLY PAPERS

16

DOWNLOADS
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Top 42,337

in Total Papers Downloads

1,879

SSRN CITATIONS
Rank 32,628

SSRN RANKINGS

Top 32,628

in Total Papers Citations

25

CROSSREF CITATIONS

2

Scholarly Papers (16)

1.

Hedge Fund Seeding Via Fees-for-Seed Swaps Under Idiosyncratic Risk

Journal of Economic Dynamics and Control, Volume 71, 2016, Pages 45-59, ISSN 0165-1889, Doi.org/10.1016/j.jedc.2016.07.007.
Number of pages: 22 Posted: 21 Aug 2014 Last Revised: 02 May 2019
Christian-Oliver Ewald and Hai Zhang
University of Glasgow and Strathclyde Business School
Downloads 235 (208,767)

Abstract:

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Hedge Fund Seeding; Fees-for-Seed Swap; Early Stage Funds; Alpha Strategy; Idiosyncratic Risk

2.

Algorithmic Trading for Online Portfolio Selection Under Limited Market Liquidity

Youngmin Ha, Hai Zhang, Algorithmic trading for online portfolio se-lection under limited market liquidity,European Journal of Operational Research(2020), doi:https://doi.org/10.1016/j.ejor.2020.03.050
Number of pages: 32 Posted: 04 Jun 2018 Last Revised: 13 May 2020
Youngmin Ha and Hai Zhang
New Jersey City University and Strathclyde Business School
Downloads 232 (211,363)

Abstract:

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algorithmic trading; online portfolio selection; market impact cost; price impact cost; limit order book

3.

Optimal Capital Structure with an Equity-for-Guarantee Swap

Economics Letters, Volume 118, Issue 2, 2013, Pages 355-359, ISSN 0165-1765, Doi.org/10.1016/j.econlet.2012.11.023.
Number of pages: 11 Posted: 27 Jul 2012 Last Revised: 02 May 2019
Zhaojun Yang and Hai Zhang
Southern University of Science and Technology - Department of Finance and Strathclyde Business School
Downloads 222 (220,481)
Citation 10

Abstract:

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Equity-for-guarantee swap, Capital structure, Guarantee cost

4.

Modeling Hedge Fund Seeding Innovation: Fees-for-Seed Swap and Fees-for-Guarantee Swap

Number of pages: 33 Posted: 27 Jan 2014 Last Revised: 15 Jun 2014
Binghua Huang and Hai Zhang
Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management and Strathclyde Business School
Downloads 142 (325,272)

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Hedge Fund Seeding; Fees-for-seed Swap; Fees-for-guarantee Swap; HWM; Risk Shifting; Alpha Strategy

5.

SME Investment and Financing under Asymmetric Information

Wang, Yao and Zhang, Hai and Zhao, Zhiming, SME Investment and Financing under Asymmetric Information. European Financial Management, forthcoming.
Number of pages: 30 Posted: 09 Jul 2019 Last Revised: 26 Oct 2021
Yao Wang, Hai Zhang and Zhiming Zhao
Xiangtan University - School of Business, Strathclyde Business School and Hunan University - School of Finance and Statistics
Downloads 135 (338,467)

Abstract:

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Asymmetric information, real option, equity-for-guarantee swap, least-cost equilibrium, SME financing

6.

Hedge inflation risk of specific purpose guarantee funds

European Financial Management, 2021, Forthcoming.
Number of pages: 38 Posted: 11 Nov 2018 Last Revised: 27 Sep 2021
Ze Chen, Bingzheng Chen, Yi Hu and Hai Zhang
Renmin University of China - School of Finance, Tsinghua University - School of Economics & Management, Renmin University of China - Hanqing Institute and Strathclyde Business School
Downloads 132 (344,334)

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CPPI; Loss averse; Portfolio insurance; Specific purpose guarantee funds

7.

Debt Structure and Debt Overhang

Journal of Corporate Finance, Vol. 74, 2022
Number of pages: 42 Posted: 13 Jan 2021 Last Revised: 23 May 2022
Liu Gan, Xin Xia and Hai Zhang
Jiangxi University of Finance and Economics, Zhongnan University of Economics and Law and Strathclyde Business School
Downloads 129 (350,314)

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Debt Structure, Debt Overhang, Renegotiation Friction, Shareholders' Bargaining Power

8.

The Idiosyncratic Risk in Chinese Stock Market

Number of pages: 36 Posted: 24 Jun 2019
Julia Darby, Hai Zhang and Jinkai Zhang
University of Strathclyde, Glasgow - Strathclyde Business School - Department of Economics, Strathclyde Business School and University of Strathclyde
Downloads 106 (403,778)
Citation 1

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Volatility decomposition; Regime-switching, Volatility dynamics, Idiosyncratic volatility, Institutional trading behavior

9.

Entrepreneurial Finance with Equity-for-Guarantee Swap and Idiosyncratic Risk

European Journal of Operational Research, Volume 241, Issue 3, 2015, Pages 863-871, ISSN 0377-2217, Doi.org/10.1016/j.ejor.2014.09.013.
Number of pages: 29 Posted: 20 May 2014 Last Revised: 02 May 2019
Huamao Wang, Zhaojun Yang and Hai Zhang
University of Kent - Kent Business School, Southern University of Science and Technology - Department of Finance and Strathclyde Business School
Downloads 105 (406,468)
Citation 9

Abstract:

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Borrowing Constraints, Equity-for-Guarantee Swap, Capital Structure, Cash-out Option

10.

Liquidity Risks, Transaction costs and Online Portfolio Selection

Number of pages: 44 Posted: 07 Jun 2019
Youngmin Ha and Hai Zhang
New Jersey City University and Strathclyde Business School
Downloads 94 (437,987)
Citation 1

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Online Portfolio Selection, Transaction Cost, Market Impact Cost, Liquidity Risks, LOB

11.

Optimal Convergence Trading for Cross-listed Stocks

Number of pages: 33 Posted: 08 Mar 2020
University of Glasgow, Peking University, Peking University and Strathclyde Business School
Downloads 91 (447,135)
Citation 1

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Investment Analysis, Optimal Relative-Price Trading, Time-Delay Arbitrage, Cross-Listed Stocks, Stochastic Control

12.

Equity-based Compensation, Dynamic Investment and Capital Structure

Number of pages: 49 Posted: 18 Nov 2021
Liu Gan, Xin Xia and Hai Zhang
Jiangxi University of Finance and Economics, Zhongnan University of Economics and Law and Strathclyde Business School
Downloads 66 (537,716)

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Agency costs, Capital Structure, Equity-based Compensation, Flexible Investment

13.

Institutional Trading in Volatile Markets: Evidence from Chinese Stock Markets

Julia Darby, Hai Zhang, Jinkai Zhang, Institutional trading in volatile markets: Evidence from Chinese stock markets, Pacific-Basin Finance Journal, Volume 65, 2021, 101484, ISSN 0927-538X, https://doi.org/10.1016/j.pacfin.2020.101484.
Number of pages: 39 Posted: 24 May 2019 Last Revised: 28 Oct 2021
Julia Darby, Hai Zhang and Jinkai Zhang
University of Strathclyde, Glasgow - Strathclyde Business School - Department of Economics, Strathclyde Business School and University of Strathclyde
Downloads 66 (537,716)
Citation 1

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Extreme market swings, Price limit, Cash flow, Institutional trading behavior

14.

Innovative Credit Guarantee Schemes with Equity-for-Guarantee Swaps

International Review of Financial Analysis, Forthcoming
Number of pages: 29 Posted: 15 Aug 2020 Last Revised: 16 Jun 2021
Pengcheng Song, Hai Zhang and Qin Zhao
Peking University, Strathclyde Business School and Peiking University
Downloads 49 (618,480)
Citation 3

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SMEs, Equity-for-Guarantee Swap, Financial Constraint, Risk Management

15.

Fast Multi-Output Relevance Vector Regression

Forthcoming 2019, Ha, Y., Zhang, H., Fast multi-output relevance vector regression, Economic Modelling, DOI:10.1016/j.econmod.2019.04.007
Number of pages: 23 Posted: 07 Jun 2019
Youngmin Ha and Hai Zhang
New Jersey City University and Strathclyde Business School
Downloads 39 (676,245)

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Relevance Vector Regression, Machine Learning, Sparse Bayesian Learning

16.

Ambiguity, Asymmetric Information and SME Investment

Number of pages: 24 Posted: 21 Jun 2022
Hunan University, affiliation not provided to SSRN, Strathclyde Business School and Renmin University of China
Downloads 36 (695,459)

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Ambiguity, Asymmetric information, SME investment, Financial constraints, Market structure