Ji-Chai Lin

Hong Kong PolyU

Chair Professor of Finance

M715, Li Ka Shing Tower

Hung Hom, Kowloon

China

SCHOLARLY PAPERS

26

DOWNLOADS
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Top 16,881

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3,298

SSRN CITATIONS
Rank 33,753

SSRN RANKINGS

Top 33,753

in Total Papers Citations

9

CROSSREF CITATIONS

14

Scholarly Papers (26)

1.

Why Have Auctions Been Losing Market Shares to Bookbuilding in IPO Markets?

Number of pages: 55 Posted: 27 Jun 2003
Ji-Chai Lin, Yi-Tsung Lee and Yu-Jane Liu
Hong Kong PolyU, Peking University - Guanghua School of Management and National Chengchi University (NCCU) - Department of Finance and Banking
Downloads 387 (87,704)
Citation 9

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2.

SEO Timing, the Cost of Equity Capital, and Liquidity Risk

Number of pages: 48 Posted: 23 Jan 2010
Ji-Chai Lin and YiLin Wu
Hong Kong PolyU and National Taiwan University - Department of Economics
Downloads 372 (91,907)
Citation 1

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Liquidity risk, Seasoned equity offerings, SEO timing, Cost of equity capital

3.

What do stock price levels tell us about the firms?

Journal of Corporate Finance, Vol. 46, 2017
Number of pages: 49 Posted: 16 Mar 2012 Last Revised: 03 Aug 2017
Konan Chan, Fengfei Li, Tse-Chun Lin and Ji-Chai Lin
National Chengchi Unversity (NCCU) - Finance, The University of Hong Kong - Faculty of Business and Economics, The University of Hong Kong - Faculty of Business and Economics and Hong Kong PolyU
Downloads 298 (117,553)
Citation 3

Abstract:

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Stock price level, price informativeness, O/S, future earnings, stock splits

4.

Stock Splits and the Trading Speed Improvement Hypothesis

Number of pages: 47 Posted: 25 Mar 2008
Ji-Chai Lin, Wen Yu and Ajai K. Singh
Hong Kong PolyU, University of St. Thomas - Opus College of Business and Department of Finance, University of Central Florida
Downloads 288 (121,776)

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Stock Splits, Liquidity, Trading Speed, Trading Costs

5.

Information, Sophistication, and Foreign Versus Domestic Investors' Performance

Number of pages: 42 Posted: 22 Mar 2007 Last Revised: 18 Oct 2011
University of Mississippi, Texas A&M University - Department of Finance, Hong Kong PolyU and National Chengchi University (NCCU) - Department of Finance and Banking
Downloads 196 (177,862)
Citation 3

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Closed-end Funds, Open-ending, Foreign Investors, Domestic Investors

6.

Stock Prices, Investor Short-Termism, and Innovation

Number of pages: 51 Posted: 21 Nov 2014
Huong T. T. Le and Ji-Chai Lin
Northeastern Illinois University and Hong Kong PolyU
Downloads 180 (191,844)

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Share price, innovation, institutional ownership, short-termism

7.

What Percentage of Common Stocks are Mispriced?

Number of pages: 36 Posted: 10 Jul 2001
University of Alaska Fairbanks - School of Management (SOM), Hong Kong PolyU and Louisiana State University - E.J. Ourso College of Business Administration
Downloads 179 (192,793)

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8.

Why Have Many U.S.-Listed Chinese Firms Announced Delisting Recently?

Number of pages: 49 Posted: 14 May 2018 Last Revised: 04 Sep 2018
Gang Hu, Ji-Chai Lin, Owen Wong and Manning Yu
Hong Kong Polytechnic University - School of Accounting and Finance, Hong Kong PolyU, Hong Kong Polytechnic University and Hong Kong Polytechnic University
Downloads 173 (198,519)

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Going Private and Delisting, Share Reissuance and Relisting, Government Policy and Regulation, Undervaluation, Variable Interest Entity, ADR and CDR

9.

The Speed of Adjustment of Prices to Private Information: Empirical Tests

Journal of Financial Research, Vol. 18, No. 2, Summer 1995
Number of pages: 14 Posted: 23 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 168 (203,627)

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strong form efficiency, private information, speed of adjustment

10.

Emotions and Inventor Productivity: Evidence from Terrorist Attacks

Number of pages: 48 Posted: 03 Feb 2019 Last Revised: 09 Sep 2020
Yue Luo, Yangyang Chen and Ji-Chai Lin
Hong Kong Polytechnic University, School of Accounting and Finance, Students, City University of Hong Kong (CityUHK) - Department of Accountancy and Hong Kong PolyU
Downloads 163 (208,898)

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Terrorist attacks; Emotion; Inventor productivity

11.

Variance, Return, and High-Low Price Spreads

Journal of Financial Research, Vol. 17, No. 3, Fall 1994
Number of pages: 19 Posted: 23 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 160 (212,185)

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variance, high-low spread, garch, volatility, stock returns

12.

Does Economic Policy Uncertainty Drive the Initiation of Corporate Lobbying?

Number of pages: 61 Posted: 31 Jul 2018 Last Revised: 06 Apr 2020
Longfei Shang, Ji-Chai Lin and Walid Saffar
Hong Kong Polytechnic University, Hong Kong PolyU and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 129 (252,455)
Citation 2

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Economic Policy Uncertainty; Lobbying Decision; Lobbying Entry Barriers

13.

Inferring Price Discovery from Frictional Markets

Number of pages: 28 Posted: 05 Mar 2000
Kevin C.H. Chiang and Ji-Chai Lin
University of Alaska Fairbanks - School of Management (SOM) and Hong Kong PolyU
Downloads 125 (258,500)
Citation 2

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14.

Capital Market Behavior and Operational Announcements of Layoffs, Operation Closings, and Pay Cuts

Review of Quantitative Finance and Accounting, Vol. 3, 1993
Number of pages: 17 Posted: 23 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 121 (264,915)
Citation 3

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operation closings, cost-cutting, layoffs, pay cuts, stock returns

15.

Price Adjustment Delays and Arbitrage Costs: Evidence from the Behavior of Convertible Preferred Prices

Journal of Financial and Quantitative Analysis, Vol. 30, No. 1, March 1995
Number of pages: 21 Posted: 19 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 98 (306,527)

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arbitrage costs, price delays, convertible preferred

16.

Aggregate Analyst Forecast Errors, Stock Market Liquidity, and the Economy

Number of pages: 62 Posted: 16 Feb 2018
Hong Kong PolyU, Louisiana State University, Baton Rouge - Department of Accounting and Minjiang University - Newhuadu Business School
Downloads 94 (314,821)

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aggregate analyst earnings forecast errors, business cycle, stock market liquidity

17.

Distorted Stock Prices, Behavioral Bias, and Stock Splits

Number of pages: 61 Posted: 05 Mar 2020 Last Revised: 13 Nov 2020
The University of Hong Kong - Faculty of Business and Economics, Hong Kong PolyU, The University of Hong Kong - Faculty of Business and Economics and Hong Kong Polytechnic University
Downloads 67 (383,833)

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Anchoring bias; Stock split; 52-week high; Underreaction; Information production; Post-earnings announcement drift

18.

Does Reducing Air Pollution Make Inventors More Innovative? Evidence from the NOx Budget Program

Number of pages: 51 Posted: 26 Mar 2020
Yue Luo, Yangyang Chen and Ji-Chai Lin
Hong Kong Polytechnic University, School of Accounting and Finance, Students, City University of Hong Kong (CityUHK) - Department of Accountancy and Hong Kong PolyU
Downloads 61 (402,748)

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Air pollution; Inventor productivity; Innovation strategy

19.

Stock Price Delay and the Business Cycle

Number of pages: 52 Posted: 16 Feb 2018
Ji-Chai Lin and Ping-Wen Sun
Hong Kong PolyU and Minjiang University - Newhuadu Business School
Downloads 22 (579,464)

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price delay, business cycle, flight-to-quality

20.

Stock Splits as a Corporate Governance Device

Number of pages: 35 Posted: 22 Mar 2009
C. Wei Li and Ji-Chai Lin
University of Iowa and Hong Kong PolyU
Downloads 16 (619,231)

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stock split, signal, corporate governance, liquidity, managerial incentive, moral hazard

21.

Volatility-of-Volatility Risk in Asset Pricing

Number of pages: 74
Hong Kong Polytechnic University, Emory University - Department of Finance, National Taiwan University - Department of Finance and Hong Kong PolyU
Downloads 1

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Volatility-of-Volatility, Volatility Risk, Conditional Asset Pricing Model, Market Crashes

Underwriting Fees and Shareholder Rights

Journal of Business Finance and Accounting, Forthcoming
Posted: 17 Feb 2013
Bahar Ulupinar and Ji-Chai Lin
West Chester University of Pennsylvania and Hong Kong PolyU

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Shareholder Rights, Analyst Coverage, SEOs, Gross Spreads

23.

Dividend Policy, Signaling, and Discounts on Closed-End Funds

Journal of Financial Economics (JFE), Vol. 81, No. 3, 2006
Posted: 28 Aug 2011 Last Revised: 18 Oct 2011
Shane A. Johnson, Ji-Chai Lin and Kyojik Song
Texas A&M University - Department of Finance, Hong Kong PolyU and Sungkyunkwan University

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Dividend policy, Signaling, Closed-funds, Compensation

24.

Clientele Effects and Cross-Security Market Making: Evidence from Calls of Convertible Preferred Securities

Financial Management, Vol. 27, No. 4, Winter 1998
Posted: 19 Feb 1999
John S. Howe, Ji-Chai Lin and Ajai K. Singh
University of Missouri at Columbia - Department of Finance, Hong Kong PolyU and Department of Finance, University of Central Florida

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25.

Trade Size and Components of the Bid-Ask Spread

REVIEW OF FINANCIAL STUDIES, Vol. 8 No. 4
Posted: 09 Jul 1998
Hong Kong PolyU, Michigan State University and Louisiana State University, Baton Rouge - E.J. Ourso College of Business Administration

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26.

Market Structure, Informed Trading, and Analysts' Recommendations

Journal of Financial and Quantitative Analysis, December 1997
Posted: 09 Jan 1998
Myron B. Slovin, Sok Tae Kim and Ji-Chai Lin
Louisiana State University, Baton Rouge - Department of Finance, Dong Suh Securities Co. Ltd. and Hong Kong PolyU

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