Zhiyao Chen

Lingnan University - Department of Finance and Insurance

8 Castle Peak Rd

Tuen Mun

Hong Kong

SCHOLARLY PAPERS

9

DOWNLOADS
Rank 14,896

SSRN RANKINGS

Top 14,896

in Total Papers Downloads

6,240

SSRN CITATIONS
Rank 15,229

SSRN RANKINGS

Top 15,229

in Total Papers Citations

86

CROSSREF CITATIONS

10

Scholarly Papers (9)

1.

Operating Leverage, Profitability and Capital Structure

CICF 2013 Shanghai, China; EFA 2013, Cambridge UK; 24th CFEA (Kenan-Flagler Business School)
Number of pages: 41 Posted: 31 Jan 2013 Last Revised: 22 Oct 2017
Zhiyao Chen, Jarrad Harford and Avraham Kamara
Lingnan University - Department of Finance and Insurance, University of Washington and University of Washington - Michael G. Foster School of Business
Downloads 2,072 (14,487)
Citation 51

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operating leverage, capital structure, financial leverage, trade-off theory,profitability, default risk

2.

The Debt-Equity Spread

Number of pages: 84 Posted: 25 Oct 2021 Last Revised: 26 Apr 2023
Hui Chen, Zhiyao Chen and Jun Li
Massachusetts Institute of Technology, Lingnan University - Department of Finance and Insurance and University of Texas at Dallas
Downloads 1,421 (25,954)
Citation 2

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credit risk, market segmentation, stock and bond return predictions, relative mispricing

3.

Strategic Risk Shifting and the Idiosyncratic Volatility Puzzle

Rock Center for Corporate Governance at Stanford University Working Paper No. 182
Number of pages: 65 Posted: 31 Mar 2014 Last Revised: 29 Feb 2020
Lingnan University - Department of Finance and Insurance, Stanford University - Graduate School of Business, Rice University and Tsinghua University - PBC School of Finance
Downloads 715 (67,880)
Citation 6

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risk-shifting, idiosyncratic volatility puzzle, profitability, agency conflict

4.

A Unified Model of Distress Risk Puzzles

Stanford University Graduate School of Business Research Paper No. 19-9
Number of pages: 91 Posted: 16 Dec 2018 Last Revised: 17 Sep 2022
Lingnan University - Department of Finance and Insurance, Boston University - Questrom School of Business and Stanford University - Graduate School of Business
Downloads 693 (70,691)
Citation 2

Abstract:

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financial distress, distress risk premium, failure probability, structural model

5.

Do Nonfinancial Firms Use Financial Assets to Take Risk?

Number of pages: 50 Posted: 08 Dec 2018 Last Revised: 15 Jun 2021
Zhiyao Chen and Ran Duchin
Lingnan University - Department of Finance and Insurance and Boston College - Carroll School of Management
Downloads 482 (111,221)
Citation 8

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Cash Holdings, Short-term debt, Rollover Risk, Investment Securities, SFAS 157, Fair Value

6.

Macroeconomic Risk and Idiosyncratic Risk-Taking

Review of Financial Studies, Forthcoming
Number of pages: 73 Posted: 21 Oct 2017 Last Revised: 26 Apr 2018
Zhiyao Chen and Ilya A. Strebulaev
Lingnan University - Department of Finance and Insurance and Stanford University - Graduate School of Business
Downloads 302 (187,624)
Citation 7

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risk-shifting, macroeconomic risk, business cycle, agency conflicts, bankruptcy, financial leverage, simulated method of moments, idiosyncratic volatility puzzle

7.

Maturity Overhang: Evidence from M&A

Boston University Questrom School of Business Research Paper No. 4280419
Number of pages: 55 Posted: 22 Nov 2022 Last Revised: 27 Nov 2023
Lingnan University - Department of Finance and Insurance, Boston University - Questrom School of Business, University of Washington and Boston University - Questrom School of Business
Downloads 262 (216,995)

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Mergers, Rollover risk, Debt maturity, Cash holding, Leverage

8.

Why Are Bidder Termination Provisions Included In Takeovers?

Journal of Financial and Quantitative Analysis, forthcoming
Number of pages: 47 Posted: 31 Aug 2012 Last Revised: 14 Aug 2020
Lingnan University - Department of Finance and Insurance, University of Delaware - Department of Finance, University of Arizona - Department of Finance and Georgetown University - McDonough School of Business
Downloads 176 (314,711)
Citation 4

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Mergers and Acquisitions, Takeovers, Termination Fees

9.

A Simplified Pricing Model for Volatility Futures

Journal of Future Markets, Volume 31, Issue 4, April 2011, Pages 307-339
Number of pages: 39 Posted: 23 May 2019
Florida International University - College of Business Administration - Finance, Florida International University (FIU) - Department of Finance and Lingnan University - Department of Finance and Insurance
Downloads 117 (436,964)
Citation 3

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volatility, VIX futures