Zhengwei Wang

Tsinghua University - PBC School of Finance

No. 43, Chengfu Road

Haidian District

Beijing 100083

China

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 9,528

SSRN RANKINGS

Top 9,528

in Total Papers Downloads

9,715

TOTAL CITATIONS
Rank 15,669

SSRN RANKINGS

Top 15,669

in Total Papers Citations

63

Scholarly Papers (21)

1.

Attention Spillover in Asset Pricing

Chen, Xin, Li An, Zhengwei Wang, and Jianfeng Yu, “Attention Spillover in Asset Pricing”, Journal of Finance, Forthcoming.
Number of pages: 89 Posted: 04 Dec 2020 Last Revised: 17 Jan 2023
Xin Chen, Li An, Zhengwei Wang and Jianfeng Yu
Shenzhen University - Shenzhen Audencia Business School, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 1,398 (28,389)
Citation 13

Abstract:

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limited attention, overconfidence, attention spillover, price impact, return predictability

2.

China’s Anti-Corruption Campaign and Credit Reallocation from SOEs to Non-SOEs

PBCSF-NIFR Research Paper No. 17-01
Number of pages: 66 Posted: 01 Feb 2017 Last Revised: 15 Mar 2022
Bo Li, Zhengwei Wang and Hao Zhou
Peking University - Guanghua School of Management, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 1,349 (29,914)

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Anti-corruption, credit allocation, state ownership, public disclosure

3.

Characteristics-Based Factors

PBCSF-NIFR Research Paper
Number of pages: 72 Posted: 06 Feb 2018 Last Revised: 02 Aug 2023
Zhuo Chen, Bibo Liu, Huijun Wang, Zhengwei Wang and Jianfeng Yu
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Auburn University, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 1,235 (34,075)
Citation 3

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Factor, Beta, Characteristics, Performance Evaluation, Anomalies

4.

Government Affiliation and Peer-to-Peer Lending Platforms in China

PBCSF-NIFR Research Paper, Journal of Empirical Finance, 62 (2021) 87–106
Number of pages: 61 Posted: 14 Feb 2018 Last Revised: 03 Oct 2022
Jinglin Jiang, Li Liao, Zhengwei Wang and Xiaoyan Zhang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 758 (67,136)
Citation 18

Abstract:

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Peer-to-Peer Lending Platforms, Fintech, Government Affiliation, State-Owned Enterprise, Emerging Markets

5.

User Interface and First-hand Experience in Retail Investing

Kelley School of Business Research Paper No. 18-54, The Review of Financial Studies, 34 (2021): 4486–4523
Number of pages: 53 Posted: 20 Jun 2018 Last Revised: 08 Aug 2022
Li Liao, Zhengwei Wang, Jia Xiang, Hongjun Yan and Jun Yang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, DePaul University and Indiana University - Kelley School of Business - Department of Finance
Downloads 638 (83,720)
Citation 3

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Rule of thumb, fast thinking, mobile investing, salience, first-hand experience, P2P

6.

Deciphering Big Data in Consumer Credit Evaluation

PBCSF-NIFR Research Paper, Journal of Empirical Finance, 62 (2021) 28–45
Number of pages: 55 Posted: 11 Jan 2019 Last Revised: 03 Oct 2022
Jinglin Jiang, Li Liao, Xi Lu, Zhengwei Wang and Hongyu Xiang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, BaiRong Financial Information Service Co., Ltd, Tsinghua University - PBC School of Finance and Beijing Normal University
Downloads 565 (97,769)

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Big Data, FinTech, Personal Credit, Large-scale Alternative Data, Income Exaggeration

7.

Investor Sentiment and the Pricing of Characteristics-Based Factors

PBCSF-NIFR Research Paper
Number of pages: 68 Posted: 25 Feb 2020 Last Revised: 29 Dec 2023
Zhuo Chen, Bibo Liu, Huijun Wang, Zhengwei Wang and Jianfeng Yu
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Auburn University, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 489 (116,651)
Citation 1

Abstract:

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Factor beta, Investor sentiment, Mispricing, Risk

8.

Angry Borrowers: Ex-Post Effects of Social Shaming on Debt Repayment

PBCSF-NIFR Research Paper
Number of pages: 49 Posted: 09 Jul 2019 Last Revised: 11 Nov 2024
Li Liao, Zhengwei Wang, Hongjun Yan, Jun Yang and Congyi Zhou
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, DePaul University, Indiana University - Kelley School of Business - Department of Finance and Tsinghua University, PBC School of Finance, Students
Downloads 438 (132,934)
Citation 1

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Behavioral Finance, Social Shaming, Debt Collection, Reciprocity, Privacy Infringement

9.

Assessing and Addressing the Coronavirus-Induced Economic Crisis: Evidence From 1.5 Billion Sales Invoices

China Economic Review, Forthcoming
Number of pages: 63 Posted: 06 Aug 2020 Last Revised: 15 Mar 2024
Zhuo Chen, Pengfei Li, Li Liao, Lu Liu and Zhengwei Wang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 428 (137,321)
Citation 3

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COVID-19, pandemic, invoices, firm sales, economic stimulus

10.

Thinking Fast, Not Slow: Evidence from Peer-to-Peer Lending

Kelley School of Business Research Paper No. 16-64, PBCSF-NIFR Research Paper
Number of pages: 52 Posted: 26 Aug 2016 Last Revised: 29 Oct 2020
Li Liao, Zhengwei Wang, Jia Xiang and Jun Yang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 390 (152,040)

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Fast-thinking; Learning; P2P lending

11.

Avoiding Peer Information and Its Effects on Charity Crowdfunding: a Field Experiment

Management Science, Forthcoming
Number of pages: 64 Posted: 12 Apr 2021 Last Revised: 30 Sep 2022
Tat Chan, Li Liao, Xiumin Martin and Zhengwei Wang
Washington University in St. Louis - John M. Olin Business School, Tsinghua University - PBC School of Finance, Washington University in Saint Louis - Olin School of Business and Tsinghua University - PBC School of Finance
Downloads 311 (194,300)
Citation 1

Abstract:

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information avoidance, charity giving, crowdfunding, peer comparison, behavioral economics, field experiment

12.

Peer Effect on Consumer Default Decision: Evidence From Online Lending Platform

PBCSF-NIFR Research Paper
Number of pages: 30 Posted: 27 Jun 2019
Emma Li, Li Liao, Zhengwei Wang and Xincheng Wang
Department of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and The University of Hong Kong - Faculty of Business and Economics
Downloads 247 (245,978)
Citation 3

Abstract:

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Peer effect, Default Decision, Cash loan, Fintech

Leveraged trading and stock returns: Evidence from international stock markets

Number of pages: 54 Posted: 18 Feb 2021 Last Revised: 03 Jan 2024
Zhuo Chen, Pengfei Li, Zhengwei Wang and Bohui Zhang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and The Chinese University of Hong Kong, Shenzhen
Downloads 190 (314,238)

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Short selling, margin trading, future stock returns, international finance

Does Privatization Reform Alleviate Ownership Discrimination? Evidence from the Split-Share Structure Reform in China

Number of pages: 68 Posted: 20 Mar 2017 Last Revised: 02 Sep 2019
Jinyu Liu, Zhengwei Wang and Zhu Wuxiang
University of International Business and Economics (UIBE) - School of Banking and Finance, Tsinghua University - PBC School of Finance and Tsinghua University - School of Economics & Management
Downloads 128 (439,390)
Citation 2

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Ownership discrimination; Privatization; Split-share Structure Reform

Does Privatization Reform Alleviate Ownership Discrimination? Evidence from the Split-share Structure Reform in China

PBCSF-NIFR Research Paper
Number of pages: 50 Posted: 06 Aug 2016 Last Revised: 29 Oct 2020
Jinyu Liu, Zhengwei Wang and Zhu Wuxiang
University of International Business and Economics (UIBE) - School of Banking and Finance, Tsinghua University - PBC School of Finance and Tsinghua University - School of Economics & Management
Downloads 94 (552,560)

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Ownership, Financing discrimination, Investment-cash flow sensitivity, Split-share Structure Reform

15.

Why Do Independent Directors Stay on Board?

Number of pages: 62 Posted: 12 Aug 2022 Last Revised: 27 Apr 2024
Messod D. Beneish, Kai Lu, Zhengwei Wang and Jun Yang
Indiana University - Kelley School of Business - Department of Accounting, Shanghai University of Finance and Economics - School of Finance, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 196 (307,539)

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independent director resignations, director dissensions, restatement, auditor switching, D&O insurance

16.

Unveiling the Villain: Credit Supply and the Debt Trap

PBCSF-NIFR Research Paper
Number of pages: 50 Posted: 01 Oct 2018 Last Revised: 31 May 2023
Shun Fu, Emma Li, Li Liao, Zhengwei Wang and Hongyu Xiang
affiliation not provided to SSRN, Department of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Beijing Normal University
Downloads 187 (319,551)

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Credit supply, Debt trap, Cash loan, Consumer finance, FinTech

17.

Childhood Exposure and Stock Market Participation

PBCSF-NIFR Research Paper
Number of pages: 39 Posted: 30 Nov 2016
Jinglin Jiang, Li Liao and Zhengwei Wang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 171 (346,014)

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Childhood exposure, Stock market participation, Openness

18.

Attention to Detail and Entrepreneurial Success

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 52 Posted: 10 Aug 2022
Jinglin Jiang, Li Liao, R Stevenson, Zhengwei Wang and Jun Yang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Indiana University: Kelley School of Business, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 155 (376,102)

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Entrepreneurial financing, Attention to detail, Crowdfunding, Kickstarter

19.

The Influencer Copycats

PBCSF-NIFR Research Paper
Number of pages: 55 Posted: 30 Nov 2023
Haiyang Bian, Emma Li, Lu Liu and Zhengwei Wang
Tsinghua University - Department of Automation, Department of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 146 (395,006)

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Influencers, Social Media, Large Language Models, Retail Investors

20.

Venture capital certification and customer response: Evidence from P2P lending platforms

Journal of Corporate Finance, Vol. 60, 2020
Number of pages: 52 Posted: 01 Oct 2018 Last Revised: 08 Jul 2020
Emma Li, Li Liao, Zhengwei Wang and Hongyu Xiang
Department of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Beijing Normal University
Downloads 111 (487,710)
Citation 12

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Venture capital certification, P2P lending platform, Information asymmetry

21.

What If Borrowers Were Informed about Credit Reporting? Two Natural Field Experiments

Kelley School of Business Research Paper No. 18-48, The Accounting Review, 98(3):397–425
Number of pages: 61 Posted: 16 Jun 2019 Last Revised: 31 May 2023
Li Liao, Xiumin Martin, Ni Wang, Zhengwei Wang and Jun Yang
Tsinghua University - PBC School of Finance, Washington University in Saint Louis - Olin School of Business, The Quant Group, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 91 (558,489)
Citation 3

Abstract:

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Credit reporting, Loan take-up, Default, Incentive, Selection, Field experiment