Xuan Tian

Tsinghua University - PBC School of Finance

No. 43, Chengfu Road

Haidian District

Beijing 100083

China

http://xuantian.info/

SCHOLARLY PAPERS

65

DOWNLOADS
Rank 364

SSRN RANKINGS

Top 364

in Total Papers Downloads

83,513

SSRN CITATIONS
Rank 585

SSRN RANKINGS

Top 585

in Total Papers Citations

1,995

CROSSREF CITATIONS

281

Scholarly Papers (65)

Corporate Venture Capital, Value Creation, and Innovation

Forthcoming, Review of Financial Studies
Number of pages: 49 Posted: 23 Mar 2009 Last Revised: 14 May 2014
Boston College - Carroll School of Management, University of Virginia - Darden School of Business and Tsinghua University - PBC School of Finance
Downloads 3,926 (4,862)
Citation 25

Abstract:

Loading...

Innovation, Corporate Venture Capital, Value Creation, Patents, Citations

Corporate Venture Capital, Value Creation, and Innovation

Forthcoming, Review of Financial Studies
Number of pages: 49 Posted: 25 Jan 2012 Last Revised: 28 Oct 2014
Boston College - Carroll School of Management, University of Virginia - Darden School of Business and Tsinghua University - PBC School of Finance
Downloads 1,015 (39,809)
Citation 78

Abstract:

Loading...

Innovation, Corporate Venture Capital, Value Creation, Patents, Citations

How Does Hedge Fund Activism Reshape Corporate Innovation?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 85 Posted: 17 Mar 2014 Last Revised: 05 Jul 2017
Alon Brav, Wei Jiang, Song Ma and Xuan Tian
Duke University - Fuqua School of Business, Emory University Goizueta Business School, Yale School of Management and Tsinghua University - PBC School of Finance
Downloads 3,816 (5,120)
Citation 22

Abstract:

Loading...

Hedge fund activism, Innovation, Resource allocation, Human capital redeployment

How Does Hedge Fund Activism Reshape Corporate Innovation?

NBER Working Paper No. w22273
Number of pages: 70 Posted: 24 May 2016 Last Revised: 12 May 2023
Alon Brav, Wei Jiang, Song Ma and Xuan Tian
Duke University - Fuqua School of Business, Emory University Goizueta Business School, Yale School of Management and Tsinghua University - PBC School of Finance
Downloads 152 (343,195)
Citation 35

Abstract:

Loading...

3.

Does Stock Liquidity Enhance or Impede Firm Innovation?

Journal of Finance, October 2014, 69 (5), 2085-2125.
Number of pages: 87 Posted: 24 Jan 2011 Last Revised: 12 Feb 2015
Vivian W. Fang, Xuan Tian and Sheri Tice
European Corporate Governance Institute (ECGI), Tsinghua University - PBC School of Finance and Tulane University - A.B. Freeman School of Business
Downloads 3,824 (5,196)
Citation 71

Abstract:

Loading...

Stock Liquidity, Innovation, Hostile Takeover, Institutional Ownership

4.

The Dark Side of Analyst Coverage: The Case of Innovation

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 53 Posted: 14 Nov 2011 Last Revised: 02 Jul 2014
Jie He and Xuan Tian
University of Georgia - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 3,478 (6,075)
Citation 102

Abstract:

Loading...

analyst coverage, innovation, patents, citations, managerial myopia

5.

Do Unions Affect Innovation?

Management Science, Forthcoming
Number of pages: 48 Posted: 13 Mar 2013 Last Revised: 24 Aug 2015
Daniel Bradley, Incheol Kim and Xuan Tian
University of South Florida, University of Texas Rio Grande Valley (UTRGV) (Formerly University of Texas-Pan American) - College of Business and Entrepreneurship and Tsinghua University - PBC School of Finance
Downloads 3,119 (7,250)
Citation 61

Abstract:

Loading...

Innovation; labor unions; hold-up; shirking; inventor departures

6.

Acquiring Innovation

AFA 2012 Chicago Meetings Paper
Number of pages: 45 Posted: 28 Dec 2010 Last Revised: 26 Oct 2014
Merih Sevilir and Xuan Tian
Indiana University - Kelley School of Business - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 3,109 (7,291)
Citation 40

Abstract:

Loading...

Mergers and Acquisitions, Innovation, Patents, Research and Development

7.

Do Anti-Takeover Provisions Spur Corporate Innovation? A Regression Discontinuity Analysis

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 66 Posted: 17 Mar 2010 Last Revised: 12 Feb 2017
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 2,828 (8,403)
Citation 96

Abstract:

Loading...

anti-takeover provisions, innovation, firm value

8.

Does Banking Competition Affect Innovation?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 08 Mar 2012 Last Revised: 13 May 2014
Pennsylvania State University - Department of Finance, Cornell University - SC Johnson College of Business - Finance Department, Tsinghua University - PBC School of Finance and University of Texas at San Antonio
Downloads 2,789 (8,573)
Citation 153

Abstract:

Loading...

Banking competition, Innovation, Access to finance, External finance dependence, Mergers and acquisitions, Economic growth

9.

Tolerance for Failure and Corporate Innovation

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 07 May 2009 Last Revised: 07 Nov 2014
Xuan Tian and Tracy Yue Wang
Tsinghua University - PBC School of Finance and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 2,669 (9,220)
Citation 128

Abstract:

Loading...

tolerance for failure, innovation, patents, venture capital, IPO

10.

How Do Foreign Institutional Investors Enhance Firm Innovation?

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, Financial Management Association Annual Meeting (2015), Kelley School of Business Research Paper No. 2014-04, Entrepreneurial Finance and Innovation Conference (2014), Financial Integrity Research Network Research Topic Group Meeting in Corporate Finance (2013)
Number of pages: 84 Posted: 17 Mar 2014 Last Revised: 28 May 2017
The University of Queensland - UQ Business School, Institute of Global Finance, UNSW Business School, The University of Queensland - UQ Business School, Tsinghua University - PBC School of Finance and The Chinese University of Hong Kong, Shenzhen
Downloads 2,631 (9,466)
Citation 65

Abstract:

Loading...

Foreign institutional investors; Firm innovation; Monitoring; Tolerance for failure; Knowledge spillovers

11.

The Causes and Consequences of Venture Capital Stage Financing

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 17 Mar 2008 Last Revised: 14 May 2014
Xuan Tian
Tsinghua University - PBC School of Finance
Downloads 2,210 (12,500)
Citation 46

Abstract:

Loading...

Stage financing, Venture capital, Monitoring, Hold-up, Learning, Distance

12.

Stock Market Liberalization and Innovation

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 61 Posted: 02 Mar 2014 Last Revised: 14 Dec 2020
Institute of Global Finance, UNSW Business School, Tsinghua University - PBC School of Finance, The Chinese University of Hong Kong, Shenzhen and Colorado State University, Fort Collins - Department of Finance & Real Estate
Downloads 2,144 (13,125)
Citation 11

Abstract:

Loading...

stock market liberalization; innovation; equity financing; risk sharing; corporate governance

13.

Financial Development and Innovation: Cross-Country Evidence

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 46 Posted: 23 Jan 2011 Last Revised: 26 Oct 2021
Po-Hsuan Hsu, Xuan Tian and Yan Xu
National Tsing Hua University - Department of Quantitative Finance, Tsinghua University - PBC School of Finance and HKU, Faculty of Business and Economics
Downloads 2,108 (13,500)
Citation 50

Abstract:

Loading...

financial development; innovation; external finance dependence; high-tech intensiveness

The Real Effect of Partial Privatization on Corporate Innovation: Evidence from China’s Split Share Structure Reform

Journal of Corporate Finance, Forthcoming
Number of pages: 56 Posted: 10 May 2014 Last Revised: 01 Jun 2020
Curtin University, Tsinghua University - PBC School of Finance, University of Arkansas - Department of Finance and Southwestern University of Finance and Economics
Downloads 1,226 (30,335)
Citation 6

Abstract:

Loading...

Privatization; Innovation; Interest alignments; Stock price informativeness

The Real Effects of Privatization: Evidence from China’s Split Share Structure Reform

Kelley School of Business Research Paper No. 2014-33
Number of pages: 44 Posted: 19 Aug 2014 Last Revised: 10 Feb 2015
Curtin University, Tsinghua University - PBC School of Finance, University of Arkansas - Department of Finance and Southwestern University of Finance and Economics
Downloads 874 (49,086)
Citation 11

Abstract:

Loading...

Privatization, innovation, interest alignments, price informativeness, risk sharing

15.

Do Short Sellers Exacerbate or Mitigate Managerial Myopia? Evidence from Patenting Activities

The 2016 American Finance Association Meetings Paper, 27th Annual Conference on Financial Economics and Accounting Paper
Number of pages: 48 Posted: 18 Jan 2014 Last Revised: 16 Sep 2016
Jie He and Xuan Tian
University of Georgia - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 2,090 (13,695)
Citation 12

Abstract:

Loading...

Managerial myopia; Patenting; Short selling; Regulation SHO; Litigation risk

16.

Finance and Corporate Innovation: A Survey

Asia-Pacific Journal of Financial Studies 47, 165-212, 2018
Number of pages: 59 Posted: 01 Nov 2017 Last Revised: 16 Mar 2019
Jie He and Xuan Tian
University of Georgia - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 1,977 (14,946)
Citation 50

Abstract:

Loading...

Corporate innovation; Finance; Survey; Patents; Citations; R&D

17.

The Role of Venture Capital Syndication in Value Creation for Entrepreneurial Firms

Review of Finance, Forthcoming
Number of pages: 46 Posted: 26 Mar 2008 Last Revised: 14 May 2014
Xuan Tian
Tsinghua University - PBC School of Finance
Downloads 1,846 (16,635)
Citation 32

Abstract:

Loading...

Venture Capital, Syndication, Value Creation, Firm Performance

18.

Corporate Innovation along the Supply Chain

Management Science, Forthcoming, AFA 2015 Boston Meetings
Number of pages: 48 Posted: 05 Oct 2014 Last Revised: 29 Aug 2017
Yongqiang Chu, Xuan Tian and Wenyu Wang
Belk College of Business, UNC Charlotte, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 1,800 (17,312)
Citation 56

Abstract:

Loading...

Geographic proximity; Innovation; Supply chain

19.

Institutions and Innovation: A Review of Recent Literature

Annual Review of Financial Economics, forthcoming
Number of pages: 35 Posted: 11 Feb 2020 Last Revised: 27 Jul 2020
Jie He and Xuan Tian
University of Georgia - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 1,674 (19,337)
Citation 13

Abstract:

Loading...

innovation, institutions, survey, culture, demographics

20.

What Affects Innovation More: Policy or Policy Uncertainty?

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 58 Posted: 18 Dec 2013 Last Revised: 13 Aug 2017
HKUST Business School, National Tsing Hua University - Department of Quantitative Finance, Tsinghua University - PBC School of Finance and HKU, Faculty of Business and Economics
Downloads 1,559 (21,551)
Citation 24

Abstract:

Loading...

Innovation, Policy uncertainty, Policy, Political party

21.

China's Venture Capital Market in 'The Handbook on China's Financial System'

PBCSF-NIFR Research Paper
Number of pages: 66 Posted: 23 Jul 2019 Last Revised: 24 Nov 2020
Zhaojun Huang and Xuan Tian
Tsinghua University and Tsinghua University - PBC School of Finance
Downloads 1,389 (25,695)
Citation 7

Abstract:

Loading...

Venture Capital, China

22.

Bank Interventions and Firm Innovation: Evidence from Debt Covenant Violations

Journal of Law and Economics, Forthcoming, Kelley School of Business Research Paper No. 2014-28, Fox School of Business Research Paper No. 15-041
Number of pages: 49 Posted: 22 Sep 2013 Last Revised: 30 Jan 2018
Yuqi Gu, Connie X. Mao and Xuan Tian
Willamette University Atkinson Graduate School of Management, Temple University - Fox School of Business and Management and Tsinghua University - PBC School of Finance
Downloads 1,346 (26,903)
Citation 19

Abstract:

Loading...

Bank interventions, innovation, covenant violations, human capital redeployment, firm value

23.
Downloads 1,337 (27,167)
Citation 25

Asymmetric Cost Behavior and Dividend Policy

Journal of Accounting Research, Forthcoming
Number of pages: 58 Posted: 17 Jan 2016 Last Revised: 27 Jul 2020
Jie He, Xuan Tian, Huan Yang and Luo Zuo
University of Georgia - Department of Finance, Tsinghua University - PBC School of Finance, University of Massachusetts Amherst - Department of Finance and National University of Singapore
Downloads 1,337 (26,710)
Citation 25

Abstract:

Loading...

Asymmetric cost behavior; cost stickiness; dividend payouts; resource adjustment cost

Asymmetric Cost Behavior and Dividend Policy

Journal of Accounting Research, Volume 58, Issue 4, September 2020
Posted: 02 Dec 2020
Jie He, Xuan Tian, Huan Yang and Luo Zuo
University of Georgia - Department of Finance, Tsinghua University - PBC School of Finance, University of Massachusetts Amherst - Department of Finance and National University of Singapore

Abstract:

Loading...

Asymmetric cost behavior; cost stickiness; dividend payouts; resource adjustment cost

24.

The Disciplinary Role of Major Corporate Customers

Number of pages: 80 Posted: 06 Jan 2021 Last Revised: 21 Feb 2023
Jie Chen, Xunhua Su, Xuan Tian, Bin Xu and Luo Zuo
Leeds University Business School, University of Leeds, Norwegian School of Economics (NHH), Tsinghua University - PBC School of Finance, University of Leeds and National University of Singapore
Downloads 1,329 (27,408)
Citation 1

Abstract:

Loading...

Corporate misconduct, customer, supplier, stakeholder, risk management.

25.

The role of human capital: Evidence from corporate innovation

Kelley School of Business Research Paper No. 16-17, PBCSF-NIFR Research Paper
Number of pages: 76 Posted: 08 Feb 2016 Last Revised: 06 Nov 2021
Tong Liu, Yifei Mao and Xuan Tian
MIT Sloan School of Management, Cornell University - SC Johnson College of Business - Finance Department and Tsinghua University - PBC School of Finance
Downloads 1,313 (27,916)
Citation 5

Abstract:

Loading...

Organizational capital, Human capital, Firms, Inventors, Innovation persistence

26.

How Does Policy Uncertainty Affect Venture Capital?

PBCSF-NIFR Research Paper
Number of pages: 66 Posted: 03 Feb 2017 Last Revised: 27 Nov 2023
Xuan Tian, Yichu Wang and Kailei Ye
Tsinghua University - PBC School of Finance, Nottingham University Business School and University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School
Downloads 1,158 (33,483)
Citation 10

Abstract:

Loading...

Venture Capital, Policy Uncertainty, Private Market

27.

Patent Quality, Firm Value, and Investor Underreaction: Evidence from Patent Examiner Busyness

PBCSF-NIFR Research Paper
Number of pages: 64 Posted: 11 Mar 2018 Last Revised: 04 Aug 2021
Tao Shu, Xuan Tian and Xintong Zhan
The Chinese University of Hong Kong (CUHK) - CUHK Business School, Tsinghua University - PBC School of Finance and Department of Finance, School of Management, Fudan University
Downloads 1,114 (35,350)
Citation 2

Abstract:

Loading...

patent quality, examiner busyness, stock returns, investor underreaction.

28.

Sharing Economy and Entrepreneurship

Kenan Institute of Private Enterprise Research Paper No. 19-13, PBCSF-NIFR Research Paper
Number of pages: 89 Posted: 12 Feb 2018 Last Revised: 26 Jan 2024
Yifei Mao, Xuan Tian, Jiajie Xu and Kailei Ye
Cornell University - SC Johnson College of Business - Finance Department, Tsinghua University - PBC School of Finance, University of Iowa - Henry B. Tippie College of Business and University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School
Downloads 1,075 (37,259)
Citation 1

Abstract:

Loading...

Airbnb, sharing economy, entrepreneurship, local demand, rental income, job creation

29.

Environmental Risk and Green Innovation: Evidence From Evacuation Spills

Number of pages: 51 Posted: 01 Dec 2020 Last Revised: 28 Apr 2021
Belk College of Business, UNC Charlotte, University of Arizona, Eller College of Management, Department of Finance and Tsinghua University - PBC School of Finance
Downloads 1,000 (41,252)
Citation 6

Abstract:

Loading...

Environment Risk, Green Innovation, Compliance Cost, Human Capital Redeployment

30.

Do Place-Based Policies Promote Local Innovation and Entrepreneurship?

Review of Finance, Forthcoming
Number of pages: 79 Posted: 13 Feb 2018 Last Revised: 18 Jul 2022
Xuan Tian and Jiajie Xu
Tsinghua University - PBC School of Finance and University of Iowa - Henry B. Tippie College of Business
Downloads 978 (42,600)
Citation 17

Abstract:

Loading...

Entrepreneurship, Innovation, National high-tech zones, Access to finance, Administrative burdens, Talent cultivation

31.

How Does Human Capital Matter? Evidence from Venture Capital

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 60 Posted: 30 Oct 2017 Last Revised: 23 Jun 2020
Olivia Gu, Ruidi Huang, Yifei Mao and Xuan Tian
University of Illinois at Urbana-Champaign, Southern Methodist University (SMU) - Finance Department, Cornell University - SC Johnson College of Business - Finance Department and Tsinghua University - PBC School of Finance
Downloads 952 (44,260)
Citation 12

Abstract:

Loading...

Human capital; labor mobility; venture capital; inevitable disclosure doctrine

32.

Do Venture Capital Investors Learn from Public Markets?

PBCSF-NIFR Research Paper
Number of pages: 51 Posted: 19 May 2016 Last Revised: 07 May 2021
Bibo Liu and Xuan Tian
Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 936 (45,228)
Citation 6

Abstract:

Loading...

Learning; Venture capital; Staging; Syndication; Price informativeness

33.

Does Customer-base Structure Influence Managerial Risk-taking Incentives?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 59 Posted: 21 Aug 2015 Last Revised: 20 Jul 2021
Jie Chen, Xunhua Su, Xuan Tian and Bin Xu
Leeds University Business School, University of Leeds, Norwegian School of Economics (NHH), Tsinghua University - PBC School of Finance and University of Leeds
Downloads 882 (49,171)
Citation 15

Abstract:

Loading...

Customer Base, Customer Risk, CEO Compensation, Vega, Risk-taking Incentive

34.

The Incentives of SPAC Sponsors

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 66 Posted: 18 Apr 2022 Last Revised: 14 Apr 2023
University of Washington - Michael G. Foster School of Business, Loyola University of Chicago, Tsinghua University - PBC School of Finance, Indiana University - Kelley School of Business - Department of Finance and Ohio State University (OSU)
Downloads 870 (50,112)
Citation 2

Abstract:

Loading...

SPAC, Agency Cost, Information Friction, Structural Estimation

35.

The Real Effects of Tournament Incentives: The Case of Firm Innovation

Kelley School of Business Research Paper No. 16-21, PBCSF-NIFR Research Paper
Number of pages: 50 Posted: 17 Feb 2016 Last Revised: 29 Oct 2020
Ning Jia, Xuan Tian and Weining Zhang
Tsinghua University - School of Economics & Management, Tsinghua University - PBC School of Finance and Cheung Kong Graduate School of Business
Downloads 862 (50,780)
Citation 5

Abstract:

Loading...

Tournament incentives, executive compensation, innovation, human capital, board monitoring

36.

Unleashing Innovation

Kelley School of Business Research Paper No. 2014-43
Number of pages: 54 Posted: 06 Oct 2013 Last Revised: 13 Nov 2014
Yifei Mao, Xuan Tian and Xiaoyun Yu
Cornell University - SC Johnson College of Business - Finance Department, Tsinghua University - PBC School of Finance and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 830 (53,462)
Citation 4

Abstract:

Loading...

Innovation, Stage financing, Venture capital, Short-termism

37.

Peer Monitoring, Syndication, and the Dynamics of Venture Capital Interactions: Theory and Evidence

Journal of Financial and Quantitative Analysis (JFQA), September 2020, 55(6), 1875-1914
Number of pages: 76 Posted: 10 Apr 2019 Last Revised: 11 Aug 2021
University of Texas at San Antonio - Alvarez College of Business, Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 781 (57,993)
Citation 14

Abstract:

Loading...

Peer Monitoring, Venture Capital, Syndication

38.

Financial Reporting Frequency and Corporate Innovation

Journal of Law and Economics, Forthcoming
Number of pages: 47 Posted: 02 Aug 2019 Last Revised: 18 Sep 2020
Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management, City University London - Cass Business School, Tsinghua University - PBC School of Finance, Nanyang Business School, Nanyang Technological University and National University of Singapore
Downloads 760 (60,200)
Citation 4

Abstract:

Loading...

regulation, reporting frequency, innovation, managerial myopia, externality

39.

Does Trading Spur Specialization? Evidence from Patenting

Number of pages: 78 Posted: 21 Dec 2020 Last Revised: 22 Jan 2024
Pengfei Han, Chunrui Liu and Xuan Tian
Peking University, Guanghua School of Management, University of International Business and Economics (UIBE) - Business School and Tsinghua University - PBC School of Finance
Downloads 713 (65,494)
Citation 1

Abstract:

Loading...

Innovation, Market for Technology, Patent Trading, Patent Licensing, Specialization, R&D, Patent

40.

Trademarks and Entrepreneurial Firm Success: Theory and Evidence from Venture Capital Investments in Private Firms and Initial Public Offerings

Number of pages: 60 Posted: 12 Jun 2018 Last Revised: 14 Dec 2023
Boston College - Carroll School of Management, University of Ottawa - Telfer School of Management, Tsinghua University - PBC School of Finance, Lehigh University and University of Texas at San Antonio - Alvarez College of Business
Downloads 713 (65,494)
Citation 1

Abstract:

Loading...

Trademarks; Initial Public Offerings (IPOs); Valuation; Private Firm Exit; Post-IPO Operating Performance

41.

Location, Proximity, and M&A Transactions

Journal of Economics & Management Strategy, Forthcoming
Number of pages: 47 Posted: 01 Oct 2009 Last Revised: 25 Aug 2015
Ye Cai, Xuan Tian and Han Xia
Santa Clara University - Leavey School of Business, Tsinghua University - PBC School of Finance and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 672 (70,617)
Citation 6

Abstract:

Loading...

geographic location, proximity, takeover exposures, acquirer announcement returns, soft information

42.

Less is more: Institutional investors and Corporate Venture Capital

PBCSF-NIFR Research Paper
Number of pages: 46 Posted: 12 Sep 2018 Last Revised: 03 Aug 2023
Yifei Mao, Xuan Tian and Kailei Ye
Cornell University - SC Johnson College of Business - Finance Department, Tsinghua University - PBC School of Finance and University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School
Downloads 650 (73,693)
Citation 2

Abstract:

Loading...

Corporate venture capital, institutional investors, agency problem, firm value

43.

What a Relief: How do Firms Respond to Competitors’ Listing Delays?

PBCSF-NIFR Research Paper
Number of pages: 58 Posted: 05 Mar 2020 Last Revised: 10 Aug 2021
Ning Jia, Jiaqi Qian and Xuan Tian
Tsinghua University - School of Economics & Management, Tsinghua University, PBC School of Finance, Students and Tsinghua University - PBC School of Finance
Downloads 600 (81,394)

Abstract:

Loading...

Product market competition; initial public offerings; defensive moves; working capital management; M&A

44.

Disciplining Delegated Monitors: When Venture Capitalists Fail to Prevent Fraud by Their IPO Firms

Sixth Singapore International Conference on Finance 2012 Paper
Number of pages: 69 Posted: 10 Mar 2011 Last Revised: 01 Sep 2015
Xuan Tian, Gregory F. Udell and Xiaoyun Yu
Tsinghua University - PBC School of Finance, Indiana University - Kelley School of Business - Department of Finance and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 598 (81,708)
Citation 11

Abstract:

Loading...

Corporate Fraud, Initial Public Offerings, Financial Intermediaries, Reputation, Venture Capital

45.

Buying on Certification: Credit Ratings and Government Procurement

Kelley School of Business Research Paper No. 15-8
Number of pages: 62 Posted: 20 Dec 2014 Last Revised: 29 Jan 2021
Xuan Tian and Han Xia
Tsinghua University - PBC School of Finance and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 568 (87,246)

Abstract:

Loading...

Credit ratings, rating information, government procurement, public sector

46.

Invest Local or Remote? The Effects of COVID-19 Lockdowns on Venture Capital Investment around the World

Number of pages: 105 Posted: 07 Jul 2021 Last Revised: 09 Jan 2024
Peking University, Guanghua School of Management, University of International Business and Economics (UIBE) - Business School, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 558 (89,220)
Citation 2

Abstract:

Loading...

Venture Capital, Entrepreneurship, COVID-19, Lockdown, Digital Economy

47.

'Preparing' the Equity Market for Adverse Corporate Events: A Theoretical Analysis of Firms Cutting Dividends

Journal of Financial and Quantitative Analysis, 47(5), 933-972
Number of pages: 51 Posted: 17 Mar 2008 Last Revised: 29 Nov 2017
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 547 (91,509)
Citation 4

Abstract:

Loading...

Market Preparation, Dividend Cuts, Asymetric Information

48.

The Real Effects of Shadow Banking: evidence from China

Number of pages: 59 Posted: 03 Jun 2021 Last Revised: 23 Sep 2023
Xuan Tian, Guoqian Tu and Yichu Wang
Tsinghua University - PBC School of Finance, Chongqing University and Nottingham University Business School
Downloads 520 (97,405)

Abstract:

Loading...

Shadow banking, Real effect, Capital reallocation, Innovation, China

49.

Hard Marriage with Heavy Burdens: Organized Labor as Takeover Deterrents

Review of Corporate Finance Studies, Forthcoming
Number of pages: 59 Posted: 18 Sep 2015 Last Revised: 26 Feb 2020
Xuan Tian and Wenyu Wang
Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 520 (97,405)
Citation 15

Abstract:

Loading...

Takeover exposure; Merger gains; Organized labor; Unions, Shareholder-employee conflict

50.

Do Entrepreneurs Make Good VCs?

AFA 2013 San Diego Meetings Paper
Number of pages: 41 Posted: 14 Mar 2012 Last Revised: 22 Oct 2014
Ye Cai, Merih Sevilir and Xuan Tian
Santa Clara University - Leavey School of Business, Indiana University - Kelley School of Business - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 517 (98,063)
Citation 1

Abstract:

Loading...

Venture Capitalist, Entrepreneur

51.

Do Auditors Reduce Clients’ Costs of Identifying Public Information? Evidence from Patent Citations

Number of pages: 45 Posted: 06 May 2022 Last Revised: 15 Jul 2023
Xuan Tian, Jiawen Yan and Luo Zuo
Tsinghua University - PBC School of Finance, Cornell University - Samuel Curtis Johnson Graduate School of Management and National University of Singapore
Downloads 498 (102,736)
Citation 2

Abstract:

Loading...

Shared Auditor, Public Information, Patent Citation, Innovation

Information Spillovers and Cross Monitoring between the Stock Market and Loan Market

Kelley School of Business Research Paper No. 16-20, PBCSF-NIFR Research Paper
Number of pages: 66 Posted: 17 Feb 2016 Last Revised: 29 Oct 2020
Indiana University - Kelley School of Business - Department of Finance, Shanghai University of Finance and Economics - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 481 (106,206)
Citation 3

Abstract:

Loading...

short selling constraints, Regulation SHO, information spillover, cross monitoring, information monopoly, bank loan

Information Spillovers and Cross Monitoring between the Stock Market and Loan Market

Number of pages: 60 Posted: 21 Feb 2024
Indiana University - Kelley School of Business - Department of Finance, Shanghai University of Finance and Economics - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 7 (1,081,817)

Abstract:

Loading...

information spillover, short-selling constraints, cross monitoring, bank loan

53.

Policy Uncertainty and Household Credit Access: Evidence from Peer-to-Peer Crowdfunding

PBCSF-NIFR Research Paper
Number of pages: 52 Posted: 08 Dec 2017 Last Revised: 29 Oct 2020
Xiang Li, Bibo Liu and Xuan Tian
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 479 (107,626)
Citation 7

Abstract:

Loading...

Policy Uncertainty; Credit Access; Peer-to-Peer Crowdfunding

54.

Accessibility and Materialization of Firm Innovation

Kelley School of Business Research Paper No. 15-19
Number of pages: 60 Posted: 03 Jan 2015 Last Revised: 21 Aug 2017
Ning Jia and Xuan Tian
Tsinghua University - School of Economics & Management and Tsinghua University - PBC School of Finance
Downloads 446 (117,164)
Citation 3

Abstract:

Loading...

patenting; USPTO; accessibility; distance; information asymmetry

55.

Do Product Market Threats Discipline Corporate Misconduct?

Leeds University Business School Working Paper
Number of pages: 61 Posted: 18 Apr 2023 Last Revised: 09 Jan 2024
Leeds University Business School, University of Leeds, Norwegian School of Economics (NHH), Tsinghua University - PBC School of Finance, University of Leeds and Vrije Universiteit Amsterdam (VU Amsterdam)
Downloads 387 (137,884)

Abstract:

Loading...

Product market threats; Market competition; Corporate governance; Corporate misconduct

56.

Communicating Private Information to the Equity Market before a Dividend Cut: An Empirical Analysis

Journal of Financial and Quantitative Analysis 49, no. 5-6 (2014): 1167-1199
Number of pages: 45 Posted: 17 Mar 2013 Last Revised: 16 Dec 2017
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 370 (144,954)
Citation 5

Abstract:

Loading...

market preparation, dividend cut, announcement returns, stock return volatility

57.

Does Access to Patent Information Help Technological Acquisitions? Evidence From Patent Library Openings

PBCSF-NIFR Research Paper Forthcoming, Fox School of Business Research Paper Forthcoming
Number of pages: 58 Posted: 29 Jul 2022 Last Revised: 13 Feb 2024
Temple University - Fox School of Business and Management, Temple University - Department of Finance, Tsinghua University - PBC School of Finance and University of Massachusetts Lowell
Downloads 337 (160,504)

Abstract:

Loading...

Mergers and Acquisitions; Patent and Trademark Depository Library; Patent Information; Information Gathering Costs

58.

Housing Speculation and Entrepreneurship

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 81 Posted: 02 Jun 2022 Last Revised: 16 Aug 2023
Xuan Tian and Yichu Wang
Tsinghua University - PBC School of Finance and Nottingham University Business School
Downloads 332 (163,109)

Abstract:

Loading...

Housing speculation; entrepreneurship; house purchase restriction policy

59.

Rent Seeking, Brokerage Commissions, and Pricing and Share Allocation in Initial Public Offerings

PBCSF-NIFR Research Paper, Forthcoming
Number of pages: 61 Posted: 19 Apr 2017 Last Revised: 19 Oct 2017
Thomas J. Chemmanur, Bibo Liu and Xuan Tian
Boston College - Carroll School of Management, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 320 (169,683)
Citation 3

Abstract:

Loading...

IPO Pricing, Rent Seeking, Mutual Funds, Underwriters, Brokerage Commissions

60.

Interfirm collaboration, ownership stakes, and incomplete contracts: Evidence from the pharmaceutical industry

Number of pages: 47 Posted: 14 Dec 2021 Last Revised: 09 Jan 2024
Indiana University - Kelley School of Business - Department of Finance, University of Wisconsin - Milwaukee - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 216 (251,546)

Abstract:

Loading...

Equity stakes; ownership stakes; incomplete contracts; license agreements; pharmaceutical and biotechnology industry

61.

Are Passive Institutional Investors Engaged Monitors or Risk-Averse Owners? Both!

Number of pages: 50 Posted: 28 Oct 2020 Last Revised: 09 Oct 2023
Xuan Tian and Yuanchen Yang
Tsinghua University - PBC School of Finance and International Monetary Fund
Downloads 210 (258,169)

Abstract:

Loading...

Passive Institutional Investors, Innovation, Exploitation, Exploration

62.

Trademarks in Entrepreneurial Firm Success: Empirical Evidence from Venture Backed Private Firms and Initial Public Offerings

PBCSF-NIFR Research Paper, Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 81 Posted: 14 Oct 2020
Boston College - Carroll School of Management, University of Ottawa - Telfer School of Management, Tsinghua University - PBC School of Finance and Lehigh University
Downloads 196 (274,926)
Citation 1

Abstract:

Loading...

63.

Corporate PIPEs and the Boundaries of the Firm: Evidence From Innovation

Kelley School of Business Research Paper No. 2022-07, PBCSF-NIFR Research Paper Forthcoming
Number of pages: 50 Posted: 09 Feb 2022 Last Revised: 16 Apr 2023
Indiana University - Kelley School of Business - Department of Finance, University of Wisconsin - Milwaukee - Department of Finance and Tsinghua University - PBC School of Finance
Downloads 170 (311,837)

Abstract:

Loading...

Innovation activity; strategic collaboration; corporate private placements; knowledge sharing; contracting

64.

Dark Trading and Corporate Cash Holdings

PBCSF-NIFR Research Paper
Number of pages: 65 Posted: 14 Dec 2023
University of Utah - David Eccles School of Business, University of Southampton - Southampton Business School, University of Edinburgh and Tsinghua University - PBC School of Finance
Downloads 112 (433,577)

Abstract:

Loading...

Dark trading, Cash holdings, Finance constraints, Corporate Governance, Value of Cash.

65.

Institutions and Innovation

Annual Review of Financial Economics, Vol. 12, pp. 377-398, 2020
Posted: 10 Dec 2020
Jie (Jack) He and Xuan Tian
University of Georgia and Tsinghua University - PBC School of Finance

Abstract:

Loading...