Baozhong Yang

Georgia State University - Robinson College of Business

H. Talmage Dobbs Jr. Associate Professor of Finance

35 Broad Street

Atlanta, GA 30303-3083

United States

http://sites.google.com/view/baozhongyang/

affiliation not provided to SSRN

SCHOLARLY PAPERS

16

DOWNLOADS
Rank 3,715

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Top 3,715

in Total Papers Downloads

13,300

SSRN CITATIONS
Rank 3,297

SSRN RANKINGS

Top 3,297

in Total Papers Citations

163

CROSSREF CITATIONS

251

Scholarly Papers (16)

1.
Downloads 2,725 ( 5,965)
Citation 106

The Mystery of Zero-Leverage Firms

Number of pages: 61 Posted: 14 Mar 2006 Last Revised: 10 Apr 2013
Ilya A. Strebulaev and Baozhong Yang
Stanford University - Graduate School of Business and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 2,385 (7,245)
Citation 5

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Leverage, debt financing, capital structure, zero leverage, financing decisions, low-leverage puzzle

The Mystery of Zero-Leverage Firms

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 61 Posted: 06 Apr 2013
Ilya A. Strebulaev and Baozhong Yang
Stanford University - Graduate School of Business and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 285 (134,437)

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Leverage, Debt financing, Capital structure, Zero leverage, Financing

The Mystery of Zero-Leverage Firms

NBER Working Paper No. w17946
Number of pages: 43 Posted: 31 Mar 2012
Ilya A. Strebulaev and Baozhong Yang
Stanford University - Graduate School of Business and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 55 (466,234)
Citation 28

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2.

How Valuable Is FinTech Innovation?

Review of Financial Studies, Forthcoming
Number of pages: 58 Posted: 29 Jan 2018 Last Revised: 07 Oct 2018
Mark A. Chen, Qinxi Wu and Baozhong Yang
Georgia State University - Robinson College of Business, Baylor University - Hankamer School of Business and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 1,905 (10,628)
Citation 23

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FinTech, innovation, patents, valuation, abnormal returns, machine learning, text analysis, text classification, market leader, market follower, disruption

3.

Uncovering Hedge Fund Skill from the Portfolio Holdings They Hide

Journal of Finance, Forthcoming
Number of pages: 78 Posted: 21 Mar 2011 Last Revised: 14 Nov 2013
Vikas Agarwal, Wei Jiang, Yuehua Tang and Baozhong Yang
Georgia State University, Columbia Business School - Finance and Economics, University of Florida - Department of Finance and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 1,762 (12,057)
Citation 40

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Confidential treatment, ownership disclosure, 13F holdings, hedge funds

How to Talk When a Machine is Listening: Corporate Disclosure in the Age of AI

Number of pages: 58 Posted: 14 Sep 2020 Last Revised: 15 Jan 2021
Sean Cao, Wei Jiang, Baozhong Yang and Alan L. Zhang
Georgia State University - J. Mack Robinson College of Business, Columbia Business School - Finance and Economics, Georgia State University - Robinson College of Businessaffiliation not provided to SSRN and Florida International University (FIU) - Department of Finance
Downloads 1,515 (15,021)
Citation 2

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Machine Learning, AI, Corporate Disclosure, Textual Analysis, Speech Analysis, Feedback Effect

How to Talk When a Machine is Listening: Corporate Disclosure in the Age of Ai

NBER Working Paper No. w27950
Number of pages: 54 Posted: 19 Oct 2020 Last Revised: 16 May 2021
Sean Cao, Wei Jiang, Baozhong Yang and Alan L. Zhang
Georgia State University - J. Mack Robinson College of Business, Columbia Business School - Finance and Economics, Georgia State University - Robinson College of Businessaffiliation not provided to SSRN and Florida International University (FIU) - Department of Finance
Downloads 12 (727,799)
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5.

Financial Reporting and Blockchains: Audit Pricing, Misstatements, and Regulation

Number of pages: 57 Posted: 25 Sep 2018 Last Revised: 26 Jun 2019
Sean Cao, Lin William Cong and Baozhong Yang
Georgia State University - J. Mack Robinson College of Business, Cornell University - Samuel Curtis Johnson Graduate School of Management and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 1,417 (16,989)
Citation 25

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Auditor Risk and Sampling, Collaborative Auditing, Distributed Ledger Technology, FinTech, PCAOB PCAOB, RegTech, Technology Adoption, Zero-Knowledge Proof.

From Man vs. Machine to Man + Machine: The Art and AI of Stock Analyses

Number of pages: 52 Posted: 06 May 2021 Last Revised: 03 Aug 2021
Sean Cao, Wei Jiang, Junbo L. Wang and Baozhong Yang
Georgia State University - J. Mack Robinson College of Business, Columbia Business School - Finance and Economics, Louisiana State University, Baton Rouge and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 993 (28,343)

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Artificial Intelligence; Machine Learning; FinTech; Stock Analyst; Alternative Data; Disruptive Innovation

From Man vs. Machine to Man + Machine: The Art and Ai of Stock Analyses

NBER Working Paper No. w28800
Number of pages: 52 Posted: 17 May 2021 Last Revised: 11 Sep 2021
Sean Cao, Wei Jiang, Junbo L. Wang and Baozhong Yang
Georgia State University - J. Mack Robinson College of Business, Columbia Business School - Finance and Economics, Louisiana State University, Baton Rouge and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 9 (753,366)
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7.

Analyzing Textual Information at Scale

Number of pages: 34 Posted: 17 Sep 2019 Last Revised: 09 Dec 2019
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Chicago - Booth School of Business, Georgia State University - Robinson College of Businessaffiliation not provided to SSRN and University of Chicago - Booth School of Business
Downloads 535 (65,567)
Citation 2

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Big Data, Machine Learning, Text-based Analysis, Topic Models, Unstructured Data, Word Embedding

8.

Mandatory Portfolio Disclosure, Stock Liquidity, and Mutual Fund Performance

Journal of Finance, Forthcoming
Number of pages: 97 Posted: 07 May 2013 Last Revised: 10 May 2014
Georgia State University, University of Central Florida, University of Florida - Department of Finance and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 530 (66,349)
Citation 4

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Portfolio disclosure, Stock liquidity, Mutual funds, Fund performance

Copycat Skills and Disclosure Costs: Evidence from Peer Companies’ Digital Footprints

Journal of Accounting Research, Forthcoming
Number of pages: 54 Posted: 08 Nov 2018 Last Revised: 30 Apr 2021
Sean Cao, Kai Du, Baozhong Yang and Alan L. Zhang
Georgia State University - J. Mack Robinson College of Business, Pennsylvania State University - Department of Accounting, Georgia State University - Robinson College of Businessaffiliation not provided to SSRN and Florida International University (FIU) - Department of Finance
Downloads 369 (101,273)
Citation 1

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Copycat, Disclosure, SEC EDGAR, Hedge Fund, Investment Company, Investment Research, Proprietary Cost, Big Data

Copycat Skills and Disclosure Costs: Evidence from Peer Companies’ Digital Footprints

Journal of Accounting Research, Volume 59, Issue 4
Posted: 20 Sep 2021
Sean Cao, Kai Du, Baozhong Yang and Alan L. Zhang
Georgia State University - J. Mack Robinson College of Business, Pennsylvania State University - Department of Accounting, Georgia State University - Robinson College of Businessaffiliation not provided to SSRN and Florida International University (FIU) - Department of Finance

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copycat; disclosure; SEC EDGAR; hedge fund; investment company; investment research; proprietary cost; big data

Communication and Comovement: Evidence from Online Stock Forums

Number of pages: 59 Posted: 16 Feb 2015 Last Revised: 22 May 2018
Lei Jiang, Jinyu Liu and Baozhong Yang
Tsinghua University, University of International Business and Economics (UIBE) - School of Banking and Finance and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 271 (141,624)

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Comovement; Asset Returns; Communication

Communication and Comovement: Evidence from Online Stock Forums

Second Annual Volatility Institute at NYU Shanghai (VINS) 2016
Number of pages: 66 Posted: 30 Jun 2016
Lei Jiang, Jinyu Liu and Baozhong Yang
Tsinghua University, University of International Business and Economics (UIBE) - School of Banking and Finance and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 68 (418,464)
Citation 1

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Comovement; Asset Returns; Communication

11.

Dynamic Capital Structure with Heterogeneous Beliefs and Market Timing

Journal of Corporate Finance, Forthcoming
Number of pages: 54 Posted: 01 Jan 2011 Last Revised: 27 Jun 2013
Baozhong Yang
Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 334 (114,078)
Citation 3

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capital structure, heterogeneous beliefs, market timing, zero-debt firms, debt conservatism

12.

Dynamic Prudential Regulation

Forthcoming in Management Science
Number of pages: 62 Posted: 24 Nov 2011 Last Revised: 03 Mar 2019
Ajay Subramanian and Baozhong Yang
Georgia State University and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 327 (116,706)
Citation 2

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capital requirements, asset substitution, debt overhang, bank bailouts, prudential regulation

13.
Downloads 243 (158,602)

Optimal Dynamic Risk Taking

Number of pages: 54 Posted: 04 Jun 2012 Last Revised: 21 Sep 2016
Ajay Subramanian and Baozhong Yang
Georgia State University and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 189 (200,591)

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dynamic project choices, stochastic control, stochastic switching, dynamic risk management, asset substitution

Optimal Dynamic Risk Taking

Mathematics of Operations Research, Forthcoming
Number of pages: 54 Posted: 03 Jul 2016 Last Revised: 21 Sep 2016
Ajay Subramanian and Baozhong Yang
Georgia State University and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 54 (470,133)

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dynamic project choices, stochastic control, stochastic switching, dynamic risk management

14.

The Strategic Use of 13F Restatements by Hedge Funds

Number of pages: 55 Posted: 20 Aug 2021 Last Revised: 14 Sep 2021
Sean Cao, Zhi Da, Daniel Jiang and Baozhong Yang
Georgia State University - J. Mack Robinson College of Business, University of Notre Dame - Mendoza College of Business, University of Waterloo - School of Accounting and Finance and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 181 (208,417)

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Strategic Disclosure, Hedge Funds, Ownership Disclosure, 13F Holdings, Restatement, Fund Skill

15.

Product Variety and Asset Pricing

Number of pages: 48 Posted: 07 Dec 2014 Last Revised: 07 Aug 2020
Florin Bidian, Ajay Subramanian and Baozhong Yang
Amazon, Georgia State University and Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 53 (466,566)

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product variety, imperfect substitutability, equity premium, risk-free rate puzzle

Communication, Excess Comovement and Factor Structures

Journal of Business Finance and Accounting, Forthcoming
Number of pages: 28 Posted: 21 Nov 2011 Last Revised: 29 Jun 2013
Baozhong Yang
Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
Downloads 51 (482,674)

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communication, excess comovement, factor structure

Communication, Excess Comovement and Factor Structures

Journal of Business Finance & Accounting, Vol. 40, Issue 9-10, pp. 1304-1325, 2013
Number of pages: 22 Posted: 18 Dec 2013
Baozhong Yang
Georgia State University - Robinson College of Businessaffiliation not provided to SSRN
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communication, excess comovement, factor structure