Jianfeng Shen

UNSW Business School, University of New South Wales

Associate Professor of Finance

School of Banking and Finance

UNSW Sydney, NSW 2052

Australia

  • UNSW Business School, University of New South Wales

SCHOLARLY PAPERS

17

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SSRN CITATIONS
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Top 13,440

in Total Papers Citations

111

CROSSREF CITATIONS

5

Scholarly Papers (17)

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1.

Information, Analysts, and Stock Return Comovement

Downloads 1,012 (44,222)
Citation 39

Information, Analysts, and Stock Return Comovement

The Review of Financial Studies (2015), Vol. 28 (11): 3153-3187., AFA 2011 Denver Meetings Paper
Number of pages: 54 Posted: 14 Mar 2010 Last Revised: 03 Jun 2017
Allaudeen Hameed, Randall Morck, Jianfeng Shen and Bernard Yin Yeung
National University of Singapore (NUS) - Department of Finance, University of Alberta - Department of Finance and Statistical Analysis, UNSW Business School, University of New South Wales and National University of Singapore - Business School
Downloads 921 (49,628)
Citation 8

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Analysts; Return comovement; Information spillover; Earnings forecasts; Bellwether firms

Information, Analysts, and Stock Return Comovement

NBER Working Paper No. w15833
Number of pages: 49 Posted: 22 Mar 2010 Last Revised: 07 Apr 2023
Allaudeen Hameed, Randall Morck, Jianfeng Shen and Bernard Yin Yeung
National University of Singapore (NUS) - Department of Finance, University of Alberta - Department of Finance and Statistical Analysis, UNSW Business School, University of New South Wales and National University of Singapore - Business School
Downloads 91 (548,630)
Citation 1

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2.

The Global Relation between Financial Distress and Equity Returns

The Review of Financial Studies, Forthcoming
Number of pages: 86 Posted: 19 Jun 2012 Last Revised: 03 Jun 2017
Pengjie Gao, Christopher A. Parsons and Jianfeng Shen
University of Notre Dame - Mendoza College of Business, Marshall School of Business, University of Southern California and UNSW Business School, University of New South Wales
Downloads 829 (58,379)
Citation 28

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financial distress, equity return, individualism, overconfidence

3.

Hedge Funds are on the Ball When Insiders Trade

Downloads 466 (120,619)

Hedge Funds are on the Ball When Insiders Trade

Number of pages: 43 Posted: 03 Dec 2019 Last Revised: 06 Sep 2023
Pouyan Foroughi, Yixuan Rui, Yixuan Rui, Jerry T. Parwada and Jianfeng Shen
York University - Schulich School of Business, UNSW Australia Business School, School of Banking and FinanceCurtin University, UNSW Business School and UNSW Business School, University of New South Wales
Downloads 299 (196,247)

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Hedge funds, Insider trading

Hedge Funds are on the Ball When Insiders Trade

Number of pages: 58 Posted: 22 Sep 2023
Pouyan Foroughi, Jerry T. Parwada, Yixuan Rui and Jianfeng Shen
York University - Schulich School of Business, UNSW Business School, Curtin University and UNSW Business School, University of New South Wales
Downloads 167 (343,549)

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Hedge funds, Insider trading

4.

Growth Expectations, Dividend Yields, and Future Stock Returns

Downloads 359 (162,512)

Growth Expectations, Dividend Yields, and Future Stock Returns

Finance Down Under 2015 Building on the Best from the Cellars of Finance Paper
Number of pages: 58 Posted: 30 Oct 2014 Last Revised: 20 Nov 2014
Zhi Da, Ravi Jagannathan and Jianfeng Shen
University of Notre Dame - Mendoza College of Business, Northwestern University - Kellogg School of Management and UNSW Business School, University of New South Wales
Downloads 304 (192,835)

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Growth Expectations, Dividend Yields, and Future Stock Returns

NBER Working Paper No. w20651
Number of pages: 58 Posted: 03 Nov 2014 Last Revised: 05 Jun 2023
Zhi Da, Ravi Jagannathan and Jianfeng Shen
University of Notre Dame - Mendoza College of Business, Northwestern University - Kellogg School of Management and UNSW Business School, University of New South Wales
Downloads 55 (725,499)

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5.

Investor Optimism, Sales Fixation and Firm Life Cycle

Downloads 238 (248,619)

Investor Optimism, Sales Fixation and Firm Life Cycle

Number of pages: 63 Posted: 14 Nov 2012 Last Revised: 05 Feb 2014
Zhi Da, Ravi Jagannathan and Jianfeng Shen
University of Notre Dame - Mendoza College of Business, Northwestern University - Kellogg School of Management and UNSW Business School, University of New South Wales
Downloads 192 (303,019)

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firm life cycle, industry IPO wave, gross margin, growth equilibrium, limits to arbitrage

Building Castles in the Air: Evidence from Industry IPO Waves

NBER Working Paper No. w18555
Number of pages: 64 Posted: 22 Nov 2012 Last Revised: 15 Mar 2023
Zhi Da, Ravi Jagannathan and Jianfeng Shen
University of Notre Dame - Mendoza College of Business, Northwestern University - Kellogg School of Management and UNSW Business School, University of New South Wales
Downloads 46 (785,336)

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6.

When Does a Stock Boycott Work? Evidence from a Clinical Study of the Sudan Divestment Campaign

Downloads 237 (249,600)
Citation 1

When Does a Stock Boycott Work? Evidence from a Clinical Study of the Sudan Divestment Campaign

Journal of Business Ethics, Forthcoming
Number of pages: 54 Posted: 22 Jul 2014 Last Revised: 17 Oct 2018
Ning Ding, Jerry T. Parwada, Jianfeng Shen and Shan Zhou
University of New South Wales - Australian School of Business, UNSW Business School, UNSW Business School, University of New South Wales and University of Sydney Business School
Downloads 189 (307,423)
Citation 1

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Divestment; Stock boycott; Sudan; Institutional investors; Socially responsible investment; Corporate social responsivity

When Does a Stock Boycott Work? Evidence from a Clinical Study of the Sudan Divestment Campaign

Journal of Business Ethics
Number of pages: 56 Posted: 10 Jan 2018 Last Revised: 23 Sep 2019
Ning Ding, Jerry T. Parwada, Jianfeng Shen and Shan Zhou
University of New South Wales - Australian School of Business, UNSW Business School, UNSW Business School, University of New South Wales and The University of Sydney
Downloads 48 (771,243)

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Divestment; Stock boycott; Sudan; Institutional investors; Socially responsible investment; Corporate social responsibility

7.

The Relationship between the Frequency of News Release and the Information Asymmetry: The Role of Uninformed Trading

Journal of Banking and Finance, Vol. 37, 2013
Number of pages: 39 Posted: 03 Mar 2008 Last Revised: 10 Dec 2013
Srinivasan Sankaraguruswamy, Jianfeng Shen and Takeshi Yamada
National University of Singapore (NUS) - Department of Accounting, UNSW Business School, University of New South Wales and Australian National University (ANU)
Downloads 233 (253,714)
Citation 3

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News release, Information asymmetry, PIN, Uninformed trading

8.

Hedge Fund Ownership, Funding Liquidity Constraints and Excess Return Co-Movement

29th Australasian Finance and Banking Conference 2016
Number of pages: 39 Posted: 06 Sep 2016
Jerry T. Parwada, Yixuan Rui, Yixuan Rui and Jianfeng Shen
UNSW Business School, UNSW Australia Business School, School of Banking and FinanceCurtin University and UNSW Business School, University of New South Wales
Downloads 202 (290,046)

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Hedge fund, Co-movement

9.

Heterogeneity in the Integration of ESG Measures in Executive Compensation: Determinants, Contracting Details and Outcomes #

British Accounting Review, forthcoming.
Number of pages: 54 Posted: 24 Apr 2023
Shilin Hou, Jianfeng Shen, Chuan Yu and Shan Zhou
Independent, UNSW Business School, University of New South Wales, UNSW Australia Business School, School of Accounting and The University of Sydney
Downloads 201 (291,336)

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Executive compensation, ESG integration, Cross-country heterogeneity, Contracting details, ESG performance

10.

U.S. Class Action Lawsuits Targeting Foreign Firms: The Country Spillover Effect

Journal of Corporate Finance, Forthcoming
Number of pages: 57 Posted: 24 Apr 2014 Last Revised: 03 Jun 2017
Xuxing Huang, Yixuan Rui, Yixuan Rui, Jianfeng Shen and Gloria Yuan Tian
The University of New South Wales - Australian School of Business, UNSW Australia Business School, School of Banking and FinanceCurtin University, UNSW Business School, University of New South Wales and University of Lethbridge Calgary Campus
Downloads 178 (325,078)
Citation 1

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Class action lawsuits; U.S.-listed foreign firms; Country Spillovers

11.

Credit Rating and Stock Return Comovement

Number of pages: 55 Posted: 11 Mar 2021 Last Revised: 22 Mar 2023
Jianfeng Shen, Huiping Zhang and Weiqi Zhang
UNSW Business School, University of New South Wales, James Cook University - College of Business, Law and Governance, and affiliation not provided to SSRN
Downloads 177 (326,706)

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Comovement, Credit rating, Investor clientele effect

12.

Do Foreign Investors Improve Informational Efficiency of Stock Prices? Evidence from Japan

Pacific-Basin Finance Journal, Vol. 27, 2014
Number of pages: 34 Posted: 05 Jun 2012 Last Revised: 02 Oct 2014
Wen He and Jianfeng Shen
Monash University and UNSW Business School, University of New South Wales
Downloads 140 (397,406)
Citation 1

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foreign investors, foreign investor trading, price efficiency, institutional investors, Japan

13.

The Value of Institutional Brokerage Relationships: Evidence from the Collapse of Lehman Brothers

Number of pages: 41 Posted: 15 Jan 2018
Jerry T. Parwada, Jianfeng Shen, Kok Siaw and Eric K. M. Tan
UNSW Business School, UNSW Business School, University of New South Wales, UNSW Business School and University of Queensland
Downloads 98 (517,736)

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14.

Dividend Policy, Information Uncertainty, and the Distress Anomaly

Number of pages: 53 Posted: 04 Apr 2024
Xian Guan, Yixuan Rui, Jianfeng Shen and Huiping Zhang
China Institute of Finance and Capital Markets, Curtin University, UNSW Business School, University of New South Wales and James Cook University - College of Business, Law and Governance,
Downloads 38 (824,592)

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Dividend payment, Distress anomaly, Information uncertainty

15.

Dividend Policy, Information Uncertainty, and the Distress Anomaly

UNSW Business School Research Paper Forthcoming
Number of pages: 46 Posted: 15 Apr 2024
Xian Guan, Yixuan Rui, Jianfeng Shen and Huiping Zhang
China Institute of Finance and Capital Markets, Curtin University, UNSW Business School, University of New South Wales and James Cook University - College of Business, Law and Governance,
Downloads 20 (988,916)

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Dividend payment, Distress anomaly, Information uncertainty

16.

Financial Transaction Tax and Market Quality: Evidence from the French FTT Regulation in 2012

27th Australasian Finance and Banking Conference 2014 Paper
Posted: 02 Jul 2014
Jerry T. Parwada, Yixuan Rui, Yixuan Rui and Jianfeng Shen
UNSW Business School, UNSW Australia Business School, School of Banking and FinanceCurtin University and UNSW Business School, University of New South Wales

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financial transaction tax, liquidity, migration, price informativeness

17.

Investor Extrapolation and Expected Returns

The Journal of Behavioral Finance, Vol. 11, pp. 150-160, 2010
Posted: 26 Oct 2010
Wen He and Jianfeng Shen
Monash University and UNSW Business School, University of New South Wales

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Extrapolation, Representative heuristic, Investor behavior, Expected returns, Expected earnings growth rates