Felix Zhiyu Feng

University of Washington - Michael G. Foster School of Business

Box 353200

Seattle, WA 98195-3200

United States

SCHOLARLY PAPERS

13

DOWNLOADS
Rank 24,153

SSRN RANKINGS

Top 24,153

in Total Papers Downloads

2,991

SSRN CITATIONS
Rank 40,513

SSRN RANKINGS

Top 40,513

in Total Papers Citations

11

CROSSREF CITATIONS

7

Scholarly Papers (13)

1.

Caught in the Crossfire: How the Threat of Hedge Fund Activism Affects Creditors

Journal of Empirical Finance, Forthcoming
Number of pages: 48 Posted: 18 Jan 2016 Last Revised: 14 Sep 2021
Felix Zhiyu Feng, Qiping Xu and Caroline Zhu
University of Washington - Michael G. Foster School of Business, University of Illinois Urbana Champaign and University of Oklahoma
Downloads 490 (82,179)

Abstract:

Loading...

hedge fund activism, credit market outcomes, corporate governance, shareholder-bondholder conflict

2.
Downloads 411 (100,962)
Citation 5

Dynamic Resource Allocation with Hidden Volatility

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 55 Posted: 23 Nov 2016 Last Revised: 18 Jan 2021
Felix Zhiyu Feng and Mark M. Westerfield
University of Washington - Michael G. Foster School of Business and University of Washington
Downloads 389 (106,755)
Citation 2

Abstract:

Loading...

capital budgeting, transfer pricing, dynamic contracting, volatility control, cost of capital

Dynamic Resource Allocation with Hidden Volatility

Number of pages: 55 Posted: 28 Jan 2021
Felix Zhiyu Feng and Mark M. Westerfield
University of Washington - Michael G. Foster School of Business and University of Washington
Downloads 22 (707,999)
Citation 3

Abstract:

Loading...

capital budgeting, transfer pricing, dynamic contracting, volatility control, cost of capital

3.

Dynamic Compensation under Uncertainty Shocks and Limited Commitment

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 35 Posted: 22 Aug 2013 Last Revised: 29 Apr 2020
Felix Zhiyu Feng
University of Washington - Michael G. Foster School of Business
Downloads 393 (106,323)
Citation 4

Abstract:

Loading...

dynamic agency, uncertainty shock, risk management, limited commitment

4.

The Value of Activism: A Hedge Fund Investor's Perspective

Number of pages: 42 Posted: 12 May 2018 Last Revised: 01 Aug 2022
Felix Zhiyu Feng, Chengdong Yin and Caroline Zhu
University of Washington - Michael G. Foster School of Business, Renmin University of China - School of Finance and University of Oklahoma
Downloads 369 (114,224)
Citation 2

Abstract:

Loading...

hedge fund, shareholder activism, portfolio analysis

5.

Foreign Competition and CEO Risk-Incentive Compensation

Journal of Corporate Finance, Forthcoming
Number of pages: 84 Posted: 06 Mar 2018 Last Revised: 08 Jul 2022
Tor-Erik Bakke, Felix Zhiyu Feng, Hamed Mahmudi and Caroline Zhu
University of Illinois at Chicago - Department of Finance, University of Washington - Michael G. Foster School of Business, University of Delaware - Department of Finance and University of Oklahoma
Downloads 295 (145,112)
Citation 1

Abstract:

Loading...

Executive Compensation, Risk-Incentive Compensation, Foreign Competition

6.

Opaque Information and The Incentives of SPAC Sponsors

Number of pages: 58 Posted: 18 Apr 2022 Last Revised: 22 Apr 2022
Felix Zhiyu Feng, Tom Nohel, Xuan Tian, Wenyu Wang and Yufeng Wu
University of Washington - Michael G. Foster School of Business, Loyola University of Chicago, Tsinghua University - PBC School of Finance, Indiana University - Kelley School of Business - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 258 (166,253)

Abstract:

Loading...

SPAC, Agency Cost, Information Friction, Structural Estimation

7.

Setbacks, Shutdowns, and Overruns

Number of pages: 55 Posted: 08 Feb 2021 Last Revised: 30 Jun 2021
University of Washington - Michael G. Foster School of Business, Duke University - Department of Economics, University of Washington and Duke University - Department of Economics
Downloads 218 (195,470)
Citation 1

Abstract:

Loading...

Project Management, Dynamic Agency, Soft Deadline, Cost-Plus-Award-Fee Contract, Schedule Slippage

8.

Financing a Black Box: Dynamic Investment with Persistent Private Information

Number of pages: 45 Posted: 29 Jun 2020 Last Revised: 06 Apr 2022
Felix Zhiyu Feng
University of Washington - Michael G. Foster School of Business
Downloads 159 (257,775)

Abstract:

Loading...

dynamic agency, persistent private information, investment, entrepreneurship, q-theory

9.

Productivity and Liquidity Management Under Costly Financing

Journal of Corporate Finance, Forthcoming
Number of pages: 59 Posted: 15 Dec 2015 Last Revised: 01 Dec 2018
Felix Zhiyu Feng, Will Jianyu Lu and Jing Wang
University of Washington - Michael G. Foster School of Business, Central Bank of Chile and University of Notre Dame
Downloads 156 (261,780)
Citation 1

Abstract:

Loading...

Liquidity management, cash holding, productivity, emerging economy

10.

Financial Integration, Savings Gluts, and Asset Price Booms

The B.E. Journal of Theoretical Economics, Forthcoming
Number of pages: 37 Posted: 22 Aug 2013 Last Revised: 12 Aug 2020
Felix Zhiyu Feng, Will Jianyu Lu and Caroline Zhu
University of Washington - Michael G. Foster School of Business, Central Bank of Chile and University of Oklahoma
Downloads 103 (355,588)

Abstract:

Loading...

dynamic portfolio choice, financial integration, costly financing

11.

Renegotiation and Dynamic Inconsistency: Contracting with Non-Exponential Discounting

Number of pages: 58 Posted: 25 Aug 2019 Last Revised: 01 Feb 2021
Doruk Cetemen, Felix Zhiyu Feng and Can Urgun
Collegio Carlo Alberto, University of Washington - Michael G. Foster School of Business and Northwestern University - Kellogg School of Management
Downloads 70 (447,277)
Citation 1

Abstract:

Loading...

continuous-time contracting, dynamic inconsistency, renegotiation, extended HJB system, non-atomic games

12.

In Search of a Unicorn

Number of pages: 49 Posted: 15 Dec 2021 Last Revised: 10 Jul 2022
Felix Zhiyu Feng and Yifan Luo
University of Washington - Michael G. Foster School of Business and University of Washington - Michael G. Foster School of Business
Downloads 69 (450,696)

Abstract:

Loading...

information friction, dynamic agency, adverse selection, optimal contracting, merger & acquisition

13.

Looking the Other Way: The Screening Role of (Weak) Internal Governance

Posted: 08 Feb 2021 Last Revised: 08 Jul 2022
Felix Zhiyu Feng, Wenyu Wang and Yufeng Wu
University of Washington - Michael G. Foster School of Business, Indiana University - Kelley School of Business - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance

Abstract:

Loading...

internal governance, board of directors, dynamic adverse selection, persistent private information, screening