Zheng Wang

City University of Hong Kong (CityUHK) - Department of Economics & Finance

83 Tat Chee Avenue

Kowloon

Hong Kong

SCHOLARLY PAPERS

10

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Top 16,839

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SSRN CITATIONS
Rank 12,526

SSRN RANKINGS

Top 12,526

in Total Papers Citations

10

CROSSREF CITATIONS

87

Scholarly Papers (10)

Equity Financing in a Myers-Majluf Framework with Private Benefits of Control

Journal of Corporate Finance 11 (2005) 915– 945
Number of pages: 47 Posted: 05 May 2004 Last Revised: 26 Aug 2012
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 785 (38,892)
Citation 1

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Equity financing, Private benefits of control, Underinvestment, Overinvestment, Announcement effect

Equity Financing in a Myers-Majluf Framework with Private Benefits of Control

Number of pages: 47 Posted: 08 Dec 2004
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 397 (92,257)
Citation 5

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Equity financing, Private benefits of control, Underinvestment, Overinvestment, Announcement effect

2.

Ownership Concentration, Asymmetric Information, and the Positive Announcement Effect of New Equity Placements

Number of pages: 48 Posted: 11 Mar 2002
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 533 (65,327)
Citation 3

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Equity Placement, Announcement Effect, Asymmetric Information, Investment Opportunities, Ownership Structure

3.

An Adverse-Selection Model of Equity Financing with Private Benefits of Control

Number of pages: 42 Posted: 05 Sep 2001
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 529 (65,955)

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Equity Financing, Adverse Selection, Private Benefits of Control, Under- and Over-investment, Announcement Effect

4.

Why Do Firms Choose Value-Destroying Rights Offerings? Theory and Evidence from Hong Kong

Number of pages: 52 Posted: 21 Mar 2002
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 468 (76,777)
Citation 10

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Flotation Method, Rights Offering, Announcement Effect, Signaling, Private Benefits of Control, Control Value

5.

Subsequent Excess Returns after Loss Warning Announcement in China's Stock Market

Number of pages: 26 Posted: 05 May 2002
Li Liu, Zheng Wang and Zheng Zhang
Peking University - Department of Accounting, City University of Hong Kong (CityUHK) - Department of Economics & Finance and Peking University - Department of Applied Economics
Downloads 357 (105,063)
Citation 2

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announcement effects, loss warning, underreaction, overreaction

6.

Private Benefits of Control and the Choice of Seasoned Equity Flotation Method

Number of pages: 47 Posted: 18 Mar 2005
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 306 (124,377)
Citation 5

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Private Benefits, Control, Asymmetric information, Flotation Method, Rights Offer, SEO

7.

Seasoned Equity Issues and Ownership Concentration in a Closely Held Market: An Alignment Effect Test Free from the Unobserved Firm Heterogeneity Problem

Number of pages: 37 Posted: 09 Mar 2005
Xueping Wu and Zheng Wang
City University of Hong Kong (CityUHK) - Department of Economics & Finance and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 246 (155,547)
Citation 8

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Insider Ownership, Private Benefits, Unobserved Firm Heterogeneity, SEO Flotation Method

A Rent Protection Explanation for SEO Flotation Method Choice

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 58 Posted: 10 Sep 2014
Xueping Wu, Zheng Wang and Jun Yao
City University of Hong Kong (CityUHK) - Department of Economics & Finance, City University of Hong Kong (CityUHK) - Department of Economics & Finance and Hong Kong Polytechnic University
Downloads 61 (440,107)
Citation 4

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Rights Issue, SEO, Flotation Method Choice, Private Benefits of Control, Rent Protection

A Rent Protection Explanation for SEO Flotation Method Choice

Number of pages: 58 Posted: 22 Jun 2014
Xueping Wu, Zheng Wang and Jun Yao
City University of Hong Kong (CityUHK) - Department of Economics & Finance, City University of Hong Kong (CityUHK) - Department of Economics & Finance and Hong Kong Polytechnic University
Downloads 46 (501,282)
Citation 2

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Rights Issue, SEO, Flotation Method Choice, Private Benefits of Control, Rent Protection

A Rent-Protection Explanation for SEO Flotation-Method Choice

Journal of Financial and Quantitative Analysis (JFQA), Vol. 51, No. 3, 2016
Posted: 30 Aug 2016
Xueping Wu, Zheng Wang and Jun Yao
City University of Hong Kong (CityUHK) - Department of Economics & Finance, City University of Hong Kong (CityUHK) - Department of Economics & Finance and Hong Kong Polytechnic University

Abstract:

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9.

Pricing of Off‐Balance Sheet Debt: How Do Bond Market Participants Use the Footnote Disclosures on Operating Leases and Postretirement Benefit Plans?

Accounting & Finance, Vol. 51, Issue 3, pp. 787-808, 2011
Number of pages: 22 Posted: 03 Aug 2011
Partha Sengupta and Zheng Wang
Government of the United States of America - Office of the Comptroller of the Currency (OCC) and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 3 (767,099)
Citation 1
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Bond rating, Postretirement benefits, Operating leases, Off‐balance sheet financing, Bond yield, M41, G32, G23

10.

Understanding the Positive Announcement Effects of Private Equity Placements: New Insights from Hong Kong Data

Review of Finance, Vol. 9, No. 3, pp. 385-414, September 2005
Posted: 29 Sep 2005
Xueping Wu, Zheng Wang and Jun Yao
City University of Hong Kong (CityUHK) - Department of Economics & Finance, City University of Hong Kong (CityUHK) - Department of Economics & Finance and Deakin University

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SEO, placement, ownership structure, asymmetric information, growth