Xuan Tian

Tsinghua University - PBC School of Finance

No. 43, Chengfu Road

Haidian District

Beijing 100083

China

http://xuantian.info/

SCHOLARLY PAPERS

36

DOWNLOADS
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in Total Papers Downloads

33,109

CITATIONS
Rank 4,518

SSRN RANKINGS

Top 4,518

in Total Papers Citations

117

Scholarly Papers (36)

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 2,491 (3,701)
Citation 11

Abstract:

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 517 (42,519)
Citation 11

Abstract:

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

2.

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
University of Minnesota - Twin Cities - Department of Accounting, Tsinghua University - PBC School of Finance and Tulane University - A.B. Freeman School of Business
Downloads 1,924 (3,662)
Citation 9

Abstract:

Stock Liquidity, Innovation, Hostile Takeover, Institutional Ownership

3.

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 1,699 (4,756)
Citation 8

Abstract:

analyst coverage, innovation, patents, citations, managerial myopia

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, Columbia Business School - Finance and Economics, Yale School of Management and Tsinghua University - PBC School of Finance
Downloads 1,565 (8,252)

Abstract:

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
Alon Brav, Wei Jiang, Song Ma and Xuan Tian
Duke University - Fuqua School of Business, Columbia Business School - Finance and Economics, Yale School of Management and Tsinghua University - PBC School of Finance
Downloads 18 (470,828)

Abstract:

5.

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 1,470 (6,560)
Citation 29

Abstract:

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

6.

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 State University of New York (SUNY) at Buffalo
Downloads 1,359 (6,250)
Citation 6

Abstract:

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

7.

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 1,282 (8,669)
Citation 18

Abstract:

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

8.

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 1,213 (10,205)
Citation 20

Abstract:

Venture Capital, Syndication, Value Creation, Firm Performance

9.

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 1,044 (7,097)

Abstract:

anti-takeover provisions, innovation, firm value

10.

Financial Development and Innovation: Cross-Country Evidence

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 46 Posted: 23 Jan 2011 Last Revised: 15 Jun 2014
Po-Hsuan Hsu, Xuan Tian and Yan Xu
University of Hong Kong, Tsinghua University - PBC School of Finance and HKU, Faculty of Business and Economics
Downloads 998 (11,474)
Citation 3

Abstract:

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

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

Kelley School of Business Research Paper No. 15-23
Number of pages: 43 Posted: 10 May 2014 Last Revised: 28 Sep 2015
Shanghai University of Finance and Economics - Department of Finance, Tsinghua University - PBC School of Finance, Shanghai University of Finance and Economics - School of Finance and Shanghai University of Finance and Economics - School of Accountancy
Downloads 609 (34,233)

Abstract:

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
Shanghai University of Finance and Economics - Department of Finance, Tsinghua University - PBC School of Finance, Shanghai University of Finance and Economics - School of Finance and Shanghai University of Finance and Economics
Downloads 332 (73,154)

Abstract:

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

12.

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 - College of Business and Entrepreneurship and Tsinghua University - PBC School of Finance
Downloads 806 (7,743)

Abstract:

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

13.

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 743 (13,407)
Citation 6

Abstract:

Mergers and Acquisitions, Innovation, Patents, Research and Development

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 537 (40,441)

Abstract:

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

Location, Proximity, and M&A Transactions

Journal of Economics & Management Strategy, Vol. 25, Issue 3, pp. 688-719, 2016
Number of pages: 32 Posted: 20 Jul 2016
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 0

Abstract:

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 491 (15,837)

Abstract:

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

16.

What Affects Innovation More: Policy or Policy Uncertainty?

Kelley School of Business Research Paper No. 2014-48
Number of pages: 58 Posted: 18 Dec 2013 Last Revised: 21 Feb 2017
Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management, University of Hong Kong, Tsinghua University - PBC School of Finance and HKU, Faculty of Business and Economics
Downloads 469 (19,488)

Abstract:

Innovation, Policy uncertainty, Policy, Political party

17.

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 Indiana University - Kelley School of Business - Department of Finance
Downloads 442 (52,342)

Abstract:

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

18.

Financial Liberalization and Innovation

Kelley School of Business Research Paper No. 2014-08
Number of pages: 56 Posted: 02 Mar 2014 Last Revised: 09 Nov 2015
Institute of Global Finance, UNSW Business School, Tsinghua University - PBC School of Finance, University of New South Wales (UNSW) - School of Banking and Finance and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 424 (25,752)

Abstract:

financial liberalization; innovation; financial constraints; human capital; technology transmission

19.

Bank Interventions and Firm Innovation: Evidence from Debt Covenant Violations

Kelley School of Business Research Paper No. 2014-28, Fox School of Business Research Paper No. 15-041
Number of pages: 60 Posted: 22 Sep 2013 Last Revised: 22 Jan 2015
Yuqi Gu, Connie X. Mao and Xuan Tian
Western New England University, Temple University - Fox School of Business and Management and Tsinghua University - PBC School of Finance
Downloads 389 (29,410)

Abstract:

Bank interventions, innovation, covenant violations, conflicts of interest, firm value

20.

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

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 51 Posted: 17 Mar 2008 Last Revised: 14 May 2014
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 381 (57,053)
Citation 3

Abstract:

Market Preparation, Dividend Cuts, Asymetric Information

21.

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
University of New South Wales (UNSW) - School of Banking and Finance, Institute of Global Finance, UNSW Business School, La Trobe University - La Trobe Business School - Department of Finance, Tsinghua University - PBC School of Finance and University of New South Wales (UNSW) - School of Banking and Finance
Downloads 357 (17,097)

Abstract:

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

22.

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 Indiana University - Kelley School of Business - Department of Finance
Downloads 313 (46,891)

Abstract:

Innovation, Stage financing, Venture capital, Short-termism

23.

Peer Monitoring, Syndication, and the Dynamics of Venture Capitalist Interactions

Number of pages: 55 Posted: 14 Feb 2009 Last Revised: 13 Jan 2015
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 291 (67,016)
Citation 3

Abstract:

Peer Monitroing, Venture Capital, Syndication

24.

Learning from Customers: Corporate Innovation along the Supply Chain

AFA 2015 Boston Meetings
Number of pages: 47 Posted: 05 Oct 2014 Last Revised: 10 Aug 2015
Yongqiang Chu, Xuan Tian and Wenyu Wang
University of South Carolina - Darla Moore School of Business, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 266 (32,099)

Abstract:

Feedback effect; Innovation; Incentive Schemes; Supply Chain

25.

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 227 (77,285)

Abstract:

Venture Capitalist, Entrepreneur

26.

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

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 45 Posted: 17 Mar 2013
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 195 (105,402)

Abstract:

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

27.

Tell Me How I Am Doing: The Effect of Timely Feedback on Patenting Activity

Kelley School of Business Research Paper No. 15-19
Number of pages: 54 Posted: 03 Jan 2015 Last Revised: 04 Nov 2015
Ning Jia and Xuan Tian
Tsinghua University - School of Economics & Management and Tsinghua University - PBC School of Finance
Downloads 103 (104,516)

Abstract:

Feedback; patenting; distance; exploratory; exploitative

28.

Buying on Certification: Customer Procurement and Credit Ratings

Kelley School of Business Research Paper No. 15-8
Number of pages: 52 Posted: 20 Dec 2014 Last Revised: 15 Jun 2017
Kevin Green, Xuan Tian and Han Xia
University of Texas at Dallas, Tsinghua University - PBC School of Finance and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 92 (104,947)

Abstract:

Government procurement, Customers, Supply-customer chain, rating certification, credit ratings

29.

Hard Marriage with Heavy Burdens: Organized Labor as Takeover Deterrents

AFA 2015 Boston Meeting, Kelley School of Business Research Paper No. 15-68
Number of pages: 54 Posted: 18 Sep 2015 Last Revised: 22 Jul 2016
Xuan Tian and Wenyu Wang
Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 11 (101,508)

Abstract:

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

30.

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

PBCSF-NIFR Research Paper, Forthcoming
Number of pages: 55 Posted: 19 Apr 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 0 (391,247)

Abstract:

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

31.

How Does Policy Uncertainty Affect Venture Capital?

Number of pages: 55 Posted: 03 Feb 2017 Last Revised: 26 Mar 2017
Xuan Tian and Kailei Ye
Tsinghua University - PBC School of Finance and University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School
Downloads 0 (143,576)

Abstract:

Venture Capital, Policy Uncertainty, Investment, Exit Outcomes

32.

Do Venture Capital Investors Learn from Public Markets?

29th Australasian Finance and Banking Conference 2016
Number of pages: 56 Posted: 19 May 2016 Last Revised: 12 Feb 2017
Bibo Liu and Xuan Tian
Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 0 (103,193)

Abstract:

Learning; Venture capital; Staging; Syndication; Price informativeness

33.

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

Kelley School of Business Research Paper No. 16-20
Number of pages: 45 Posted: 17 Feb 2016 Last Revised: 23 Jun 2016
Indiana University - Kelley School of Business - Department of Finance, Indiana University - Kelley School of Business and Tsinghua University - PBC School of Finance
Downloads 0 (115,042)

Abstract:

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

34.

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

Kelley School of Business Research Paper No. 16-21
Number of pages: 50 Posted: 17 Feb 2016 Last Revised: 31 Jan 2017
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 0 (61,002)

Abstract:

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

35.

The Role of Human Capital: Evidence from Patent Generation

Kelley School of Business Research Paper No. 16-17
Number of pages: 63 Posted: 08 Feb 2016 Last Revised: 14 May 2017
Tong Liu, Yifei Mao and Xuan Tian
University of Pennsylvania - Finance Department, Cornell University - SC Johnson College of Business - Finance Department and Tsinghua University - PBC School of Finance
Downloads 0 (64,320)

Abstract:

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

36.

Payout Policy Under Enhanced Labor Power: Evidence from a New Approach

2016 American Finance Association Meeting Paper
Number of pages: 60 Posted: 17 Jan 2016 Last Revised: 20 Dec 2016
Jie He, Xuan Tian and Huan Yang
University of Georgia - Department of Finance, Tsinghua University - PBC School of Finance and University of Massachusetts Amherst - Department of Finance
Downloads 0 (61,952)

Abstract:

Payout policy, operating flexibility, labor unions, regression discontinuity design