Zhaodong Zhong

Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick

Associate Professor of Finance

Department of Finance, Rutgers Business School

100 Rockafeller Road

Piscataway, NJ 08854

United States

SCHOLARLY PAPERS

19

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CITATIONS
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136

Scholarly Papers (19)

1.

Why Does Hedge Fund Alpha Decrease Over Time? Evidence from Individual Hedge Funds

Number of pages: 53 Posted: 25 Mar 2008
Zhaodong Zhong
Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 1,384 (13,013)
Citation 6

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hedge funds, performance, alpha, flows, capacity constraints, counter-factual analysis

2.

The Information Content of Option-Implied Volatility for Credit Default Swap Valuation

FDIC Center for Financial Research, Working Paper No. 2007-08
Number of pages: 38 Posted: 11 Mar 2006 Last Revised: 15 Nov 2012
Charles Cao, Zhaodong Zhong and Fan Yu
Pennsylvania State University, Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick and Claremont McKenna College - Robert Day School of Economics and Finance
Downloads 1,254 (15,150)
Citation 53

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Credit default swap spread, option-implied volatility, volatility risk premium, informed trading

3.

The Impact of Central Clearing on Counterparty Risk, Liquidity, and Trading: Evidence from the Credit Default Swap Market

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 15 Nov 2012 Last Revised: 13 Nov 2013
Yee Cheng Loon and Zhaodong Zhong
Securities and Exchange Commission (SEC) and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 758 (31,640)
Citation 42

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Central Clearing, Counterparty Risk, Systemic Risk, Liquidity, Credit Default Swap

4.

Does Dodd-Frank Affect OTC Transaction Costs and Liquidity? Evidence from Real-Time CDS Trade Reports

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 62 Posted: 31 May 2014 Last Revised: 24 Sep 2015
Yee Cheng Loon and Zhaodong Zhong
Securities and Exchange Commission (SEC) and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 723 (33,732)
Citation 16

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Dodd-Frank Act, Over-the-Counter Markets, Liquidity, Real-Time Trade Reporting, Credit Default Swaps

5.

Investing in Chapter 11 Stocks: Trading, Value, and Performance

EFA 2009 Bergen Meetings Paper
Number of pages: 48 Posted: 17 Feb 2009 Last Revised: 21 Apr 2014
Zhaodong Zhong and Lily Li
Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick and Temple University - Department of Finance
Downloads 598 (43,512)
Citation 2

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bankruptcy, option pricing, heterogeneous beliefs, limits to arbitrage

6.

Assessing Models of Individual Equity Option Prices

Number of pages: 34 Posted: 11 Apr 2012
Gurdip Bakshi, Charles Cao and Zhaodong Zhong
Fox School of Business, Pennsylvania State University and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 354 (82,831)
Citation 5

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individual equity option-models, risk-neutral kurtosis, return-jumps, volatility-jumps, stochastic volatility, option-implied return distributions

Time Variation in Diversification Benefits of Commodity, REITs, and TIPS

Number of pages: 58 Posted: 17 Mar 2006 Last Revised: 24 Mar 2011
Jing-Zhi Huang and Zhaodong Zhong
Pennsylvania State University - University Park - Department of Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 285 (104,728)
Citation 23

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Diversification, Commodity, REITs, TIPS, DCC

Time Variation in Diversification Benefits of Commodity, REITs, and TIPS

Journal of Real Estate Finance and Economics, Vol. 46, No. 1, 2013, Forthcoming
Posted: 21 Dec 2012
Jing-Zhi Huang and Zhaodong Zhong
Pennsylvania State University - University Park - Department of Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick

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diversification, commodity, REITs, TIPS, DCC

8.

Funding Liquidity Shocks in a Quasi-Experiment: Evidence from the CDS Big Bang

29th Australasian Finance and Banking Conference 2016
Number of pages: 57 Posted: 12 Feb 2016 Last Revised: 26 Oct 2018
Xinjie Wang, Yangru Wu, Hongjun Yan and Zhaodong Zhong
Southern University of Science and Technology, Rutgers University, Newark - School of Business - Department of Finance & Economics, DePaul University and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 271 (111,477)
Citation 2

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funding liquidity, arbitrage, basis, CDS Big Bang, standardization, central clearing

9.

Do Hedge Funds Possess Private Information about IPO Stocks? Evidence from Post-IPO Holdings

Forthcoming, Review of Asset Pricing Studies
Number of pages: 73 Posted: 19 Jun 2014 Last Revised: 31 Aug 2017
Hong Qian and Zhaodong Zhong
Oakland University - Department of Accounting and Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 236 (128,003)

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Initial Public Offerings, Hedge Funds, Private Information, Underwriters, Prime Brokers

10.

Seasoned Equity Issuers’ R&D Investments: Signaling or Over-Optimism

Number of pages: 49 Posted: 23 Jun 2014 Last Revised: 22 Oct 2014
Hong Qian, Ke Zhong and Zhaodong Zhong
Oakland University - Department of Accounting and Finance, Central Washington University and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 228 (132,415)
Citation 2

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Seasoned Equity Offerings, Research and Development, Information Asymmetry, Signaling, Over-optimism

11.

Are College Education and Job Experience Complements or Substitutes? Evidence from Hedge Fund Portfolio Performance

28th Australasian Finance and Banking Conference
Number of pages: 52 Posted: 18 Aug 2015
Byoung Uk Kang, Jin-Mo Kim, Oded Palmon and Zhaodong Zhong
The Hong Kong Polytechnic University - School of Accounting and Finance, Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick, Rutgers Business School and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 161 (181,962)

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Education and Productivity, Education Area, Work Experience, Complementarity, Hedge Fund Performance

12.

Economic Policy Uncertainty, CDS Spreads, and CDS Liquidity Provision

Journal of Futures Markets, Forthcoming
Number of pages: 45 Posted: 26 Sep 2017 Last Revised: 22 Mar 2019
Xinjie Wang, Weike Xu and Zhaodong Zhong
Southern University of Science and Technology, Clemson University - Department of Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 111 (245,267)

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Policy uncertainty, Credit default swap, Liquidity provision, Market depth

13.

Post-Crisis Regulations, Market Making, and Liquidity in the Corporate Bond Market

Number of pages: 57 Posted: 19 Jan 2019 Last Revised: 27 Mar 2019
Xinjie Wang and Zhaodong Zhong
Southern University of Science and Technology and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 52 (390,484)

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Basel III, Volcker Rule, market making, liquidity, inventory, corporate bond

14.

Price Discrimination Against Retail Investors: Evidence from Mini Options

Number of pages: 55 Posted: 04 Jan 2018 Last Revised: 11 May 2018
Yubin Li, Chen Zhao and Zhaodong Zhong
Southwestern University of Finance and Economics, Rutgers University - Rutgers Business School - Newark and New Brunswick and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 46 (397,350)

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options, retail investors, liquidity, price discrimination, earnings announcements

15.

Credit Default Swaps and Analyst Optimism

Number of pages: 42 Posted: 07 May 2019
Suresh Govindaraj, Yubin Li, Chen Zhao and Zhaodong Zhong
Rutgers University - Rutgers Business School - Newark and New Brunswick, Southwestern University of Finance and Economics, Rutgers University - Rutgers Business School - Newark and New Brunswick and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 38 (427,269)

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credit default swaps, analyst forecast, optimism

16.

Corporate Social Responsibility and the Term Structure of CDS Spreads

Number of pages: 51 Posted: 18 Apr 2019
Feng Gao, Yubin Li, Xinjie Wang and Zhaodong Zhong
Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick, Southwestern University of Finance and Economics, Southern University of Science and Technology and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 34 (443,693)

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corporate social responsibility (CSR), credit default swap (CDS), term structure

17.

The Roles of Institutional Investors in the Failure of Newly Public Stocks

Number of pages: 56 Posted: 12 Mar 2019
Hong Qian, Santhosh Ramalingegowda and Zhaodong Zhong
Oakland University - Department of Accounting and Finance, University of Georgia - Terry College of Business and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 33 (447,909)

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Newly Public Stocks, Institutional Investors, Monitoring, Investor Sentiment

18.

Do Post-Crisis Regulations Affect Market Liquidity? Evidence from the Co-Movement of Stock, Bond, and CDS Illiquidity

Number of pages: 51 Posted: 28 Dec 2018
Xinjie Wang, Yangru Wu and Zhaodong Zhong
Southern University of Science and Technology, Rutgers University, Newark - School of Business - Department of Finance & Economics and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 16 (544,400)

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19.

Pricing Credit Default Swaps with Option-Implied Volatility

Financial Analysts Journal, Vol. 67, No. 4, 2011
Posted: 09 Aug 2011 Last Revised: 11 Sep 2011
Charles Cao, Fan Yu and Zhaodong Zhong
Pennsylvania State University, Claremont McKenna College - Robert Day School of Economics and Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick

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Derivatives, Credit Derivatives Markets and Instruments, Modeling and Pricing Credit Derivatives, Options Markets and Instruments, Volatility Issues