Yangyang Chen

City University of Hong Kong (CityUHK) - Department of Accountancy

83 Tat Chee Avenue

Kowloon

Hong Kong

China

SCHOLARLY PAPERS

38

DOWNLOADS
Rank 4,319

SSRN RANKINGS

Top 4,319

in Total Papers Downloads

10,502

SSRN CITATIONS
Rank 12,619

SSRN RANKINGS

Top 12,619

in Total Papers Citations

74

CROSSREF CITATIONS

16

Scholarly Papers (38)

1.

Stock Liquidity and Stock Price Crash Risk

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 54 Posted: 01 Nov 2013 Last Revised: 08 Feb 2016
Xin (Simba) Chang, Yangyang Chen and Leon Zolotoy
Nanyang Business School, Nanyang Technological University, City University of Hong Kong (CityUHK) - Department of Accountancy and University of Melbourne - Melbourne Business School
Downloads 1,337 (16,480)
Citation 17

Abstract:

Loading...

Stock liquidity; Crash risk; Short-termism; Bad news hoarding

2.

Credit Default Swaps and Corporate Innovation

Journal of Financial Economics (JFE), Vol. 134, No. 2, 2019
Number of pages: 63 Posted: 17 Mar 2017 Last Revised: 03 Dec 2019
Nanyang Business School, Nanyang Technological University, City University of Hong Kong (CityUHK) - Department of Accountancy, University of Warwick - Warwick Business School, Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 788 (35,529)
Citation 10

Abstract:

Loading...

Credit Default Swaps; Corporate Innovation; Risk Taking

3.

Be Nice to Your Innovators: Employee Treatment and Corporate Innovation Performance

Journal of Corporate Finance, Forthcoming
Number of pages: 53 Posted: 02 Jul 2014 Last Revised: 08 Jun 2016
Chen Chen, Yangyang Chen, Po-Hsuan Hsu and Edward Podolski
Monash University - Department of Accounting, City University of Hong Kong (CityUHK) - Department of Accountancy, National Tsing Hua University - Department of Quantitative Finance and Deakin University
Downloads 680 (43,447)
Citation 6

Abstract:

Loading...

Employee satisfaction; Corporate innovation; Innovative strategies; Patents; Citations

4.

The Monitoring Role of the Media: Evidence from Earnings Management

Number of pages: 51 Posted: 23 Mar 2017 Last Revised: 17 Jun 2020
Yangyang Chen, C.S. Agnes Cheng, Shuo Li and Jingran Zhao
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, Western Washington University and Hong Kong Polytechnic University
Downloads 603 (51,053)
Citation 2

Abstract:

Loading...

Media Coverage, Earnings Management, Monitoring

5.

Capital Structure Convergence: Is it Real or Mechanical?

Number of pages: 28 Posted: 09 Oct 2010
Yangyang Chen
City University of Hong Kong (CityUHK) - Department of Accountancy
Downloads 531 (59,737)

Abstract:

Loading...

Capital Structure, The Regression Fallacy, Mechanical Convergence

6.

Options Trading and Stock Price Crash Risk

Number of pages: 43 Posted: 09 May 2014 Last Revised: 16 Sep 2014
Hong Kong University of Science & Technology (HKUST), HKUST School of Business and Management, Department of Finance, Students, Monash Business School, City University of Hong Kong (CityUHK) - Department of Accountancy and Monash University
Downloads 474 (68,830)
Citation 1

Abstract:

Loading...

crash risk, options trading

7.

National Culture and Corporate Cash Holdings around the World

Journal of Banking and Finance, Vol. 50, 2015
Number of pages: 55 Posted: 02 Jan 2012 Last Revised: 15 May 2017
City University of Hong Kong (CityUHK) - Department of Accountancy, Macquarie University, University of Hawaii at Manoa - Shidler College of Business, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 414 (81,031)
Citation 10

Abstract:

Loading...

Cash holdings; National culture; Individualism; Uncertainty avoidance

8.

Customer Concentration, Bad News Withholding, and Stock Price Crash Risk

Number of pages: 60 Posted: 26 Apr 2018 Last Revised: 10 May 2019
Yangyang Chen, Gang Hu, Jun Yao and Jingran Zhao
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, Deakin University and Hong Kong Polytechnic University
Downloads 400 (84,298)

Abstract:

Loading...

Customer concentration; Crash risk; Bad news withholding; Performance pressure.

9.

Asset Redeployability and Stock Price Crash Risk

Number of pages: 53 Posted: 19 Jun 2017 Last Revised: 30 Aug 2019
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, Memorial University of Newfoundland (MNU) - Faculty of Business Administration and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 375 (90,899)
Citation 1

Abstract:

Loading...

Asset Redeployability, Stock Price Crash Risk, Bad News Hoarding, Asset Sales

10.

Institutional Investor Horizons, Information Environment, and Firm Financing Decisions

Number of pages: 69 Posted: 19 Apr 2012 Last Revised: 13 Dec 2018
Nanyang Business School, Nanyang Technological University, City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Baptist University and Faculty of Business Administration, University of Macau
Downloads 373 (91,468)
Citation 4

Abstract:

Loading...

Investor horizons, information asymmetry, capital structure, debt maturity, institutional ownership

11.

Stock Liquidity and Corporate Tax Avoidance

Review of Accounting Studies, Forthcoming
Number of pages: 50 Posted: 06 Sep 2013 Last Revised: 04 Oct 2017
Yangyang Chen, Rui Ge, Henock Louis and Leon Zolotoy
City University of Hong Kong (CityUHK) - Department of Accountancy, Shenzhen University - Shenzhen Audencia Business School, Pennsylvania State University - Smeal College of Business and University of Melbourne - Melbourne Business School
Downloads 367 (93,157)
Citation 5

Abstract:

Loading...

Stock Liquidity, Tax Avoidance, Agency Conflicts

12.

Emotions and Managerial Judgment: Evidence from Sunshine Exposure

Number of pages: 60 Posted: 25 May 2017 Last Revised: 29 Oct 2019
Monash University - Department of Accounting, City University of Hong Kong (CityUHK) - Department of Accountancy, Memorial University of Newfoundland (MNU) - Faculty of Business Administration, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 360 (95,470)
Citation 2

Abstract:

Loading...

Weather-induced mood; Optimism; Management earnings forecasts

13.

The Extra-Organizational Determinants of Innovation: Sunshine Exposure and Inventor Performance

Number of pages: 66 Posted: 24 May 2016 Last Revised: 17 Oct 2019
City University of Hong Kong (CityUHK) - Department of Accountancy, National Tsing Hua University - Department of Quantitative Finance, London Business School, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 330 (105,062)

Abstract:

Loading...

mood; inventor performance; innovation; creativity

14.

Media Coverage and IPO Pricing Around the World

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 60 Posted: 24 Oct 2017 Last Revised: 18 Jan 2019
City University of Hong Kong (CityUHK) - Department of Accountancy, University College Cork, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 320 (109,059)
Citation 2

Abstract:

Loading...

Media coverage, IPO pricing, information asymmetry

15.

Corporate Financing of Investment Opportunities in a World of Institutional Cross-Ownership

Number of pages: 64 Posted: 08 Jun 2018 Last Revised: 15 Jun 2020
Yangyang Chen, Qingyuan Li, Jeffrey Ng and Chong Wang
City University of Hong Kong (CityUHK) - Department of Accountancy, affiliation not provided to SSRN, Hong Kong Polytechnic University - School of Accounting and Finance and The Hong Kong Polytechnic University
Downloads 318 (109,400)
Citation 1

Abstract:

Loading...

Cross-ownership; Information advantage; Investment opportunities; Corporate financing; Adverse selection; Moral hazard

16.

Local Gambling Preferences and Corporate Innovative Success

Journal of Financial and Quantitative Analysis (JFQA), Vol. 49, No. 1, Feb. 2014, pp. 77–106, FIRN Research Paper
Number of pages: 59 Posted: 07 Feb 2014 Last Revised: 22 Jul 2014
City University of Hong Kong (CityUHK) - Department of Accountancy, Deakin University, University of Hawaii at Manoa - Shidler College of Business and T.A. PAI Management Institute, Finance Area
Downloads 284 (123,412)
Citation 14

Abstract:

Loading...

Innovation, Catholics-to-Protestants ratio, Gambling preferences, CEO overconfidence

17.

The Impact of Managerial Mood on Public Firms’ Decisions: Evidence from Corporate Tax Avoidance

Number of pages: 56 Posted: 10 Nov 2017 Last Revised: 13 Dec 2019
City University of Hong Kong (CityUHK) - Department of Accountancy, Shenzhen University - Shenzhen Audencia Business School, Memorial University of Newfoundland (MNU) - Faculty of Business Administration, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 255 (138,072)

Abstract:

Loading...

Weather; Managerial Mood; Tax Avoidance

18.

National Culture and Corporate Innovation

Pacific-Basin Finance Journal, Forthcoming
Number of pages: 43 Posted: 15 Aug 2014 Last Revised: 22 Apr 2017
City University of Hong Kong (CityUHK) - Department of Accountancy, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 236 (148,866)

Abstract:

Loading...

National culture; Corporate innovation; Individualism; Uncertainty-avoidance

19.

Executive Equity Risk-Taking Incentives and Firm's Choice of Debt Structure

Number of pages: 54 Posted: 19 Oct 2017 Last Revised: 22 Apr 2020
City University of Hong Kong (CityUHK) - Department of Accountancy, Fordham University, Hong Kong Polytechnic University - School of Accounting and Finance and University of Melbourne - Melbourne Business School
Downloads 230 (152,591)

Abstract:

Loading...

Executive equity incentives; Vega; Bank debt; Debt structure

20.

CEO Early-Life Disaster Experience and Stock Price Crash Risk

Number of pages: 75 Posted: 31 Jul 2019 Last Revised: 21 Dec 2020
Yangyang Chen, Qingliang Fan, Xin Yang and Leon Zolotoy
City University of Hong Kong (CityUHK) - Department of Accountancy, The Chinese University of Hong Kong, Hong Kong Polytechnic University - School of Accounting and Finance and University of Melbourne - Melbourne Business School
Downloads 211 (165,550)
Citation 1

Abstract:

Loading...

CEO background characteristics; Disaster experience; Stock price crash risk; Bad news hoarding

21.

Media Attention and Selective Managerial Bad News Hoarding

Number of pages: 54 Posted: 13 Dec 2018
Yangyang Chen, C.S. Agnes Cheng, Shuo Li and Jingran Zhao
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, Western Washington University and Hong Kong Polytechnic University
Downloads 164 (207,416)

Abstract:

Loading...

Media attention, Crash risk, Selective bad news hoarding

22.

Does Managerial Skill Facilitate Corporate Innovative Success?

Journal of Empirical Finance 34, 313-326, December 2015
Number of pages: 40 Posted: 02 Jul 2014 Last Revised: 19 Apr 2016
City University of Hong Kong (CityUHK) - Department of Accountancy, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 164 (207,416)
Citation 4

Abstract:

Loading...

Managerial ability; Corporate innovation; Managerial remuneration

23.

Emotions and Inventor Productivity: Evidence from Terrorist Attacks

Number of pages: 48 Posted: 03 Feb 2019 Last Revised: 09 Sep 2020
Yue Luo, Yangyang Chen and Ji-Chai Lin
Hong Kong Polytechnic University, School of Accounting and Finance, Students, City University of Hong Kong (CityUHK) - Department of Accountancy and Hong Kong PolyU
Downloads 162 (209,605)

Abstract:

Loading...

Terrorist attacks; Emotion; Inventor productivity

24.

Credit Default Swaps and Corporate Debt Structure

Number of pages: 52 Posted: 12 May 2018 Last Revised: 12 Aug 2020
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, Shanghai University of Finance and Economics and University of Warwick - Warwick Business School
Downloads 151 (222,345)

Abstract:

Loading...

Credit Default Swaps, Corporate Debt Structure, Hedging, Information Environment

25.

Terrorist Attacks, Investor Sentiment, and the Pricing of Initial Public Offerings

Journal of Corporate Finance, Forthcoming
Number of pages: 62 Posted: 30 Jul 2019 Last Revised: 03 Nov 2020
City University of Hong Kong (CityUHK) - Department of Accountancy, University College Cork, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 139 (239,125)
Citation 3

Abstract:

Loading...

terrorist attacks, investor sentiment, IPO pricing

26.

Captured by Mutual Funds: Do Cross-Audits Undermine Auditor Independence?

Number of pages: 67 Posted: 09 Jul 2019 Last Revised: 28 Aug 2020
Yangyang Chen, Jun Huang, Ting Li and Jeffrey Pittman
City University of Hong Kong (CityUHK) - Department of Accountancy, Shanghai University of Finance and Economics, Shanghai University of International Business and Economics and Memorial University of Newfoundland (MNU) - Faculty of Business Administration
Downloads 132 (247,627)

Abstract:

Loading...

Cross-audit; Audit opinion; Mutual fund

27.

Talk Less, Learn More: Strategic Disclosure in Response to Managerial Learning from the Options Market

Number of pages: 67 Posted: 25 Jul 2019 Last Revised: 08 Sep 2020
Yangyang Chen, Jeffrey Ng and Xin Yang
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 119 (267,726)

Abstract:

Loading...

Options trading; Information feedback; Managerial learning; Management earnings forecasts; Voluntary disclosure

28.

Do Capital Asset and Labor Conditions Matter in Loan Contracting? Evidence from Capital and Labor Redeployability

Number of pages: 58 Posted: 25 Mar 2019 Last Revised: 30 Jun 2020
Yangyang Chen, Jeffrey Ng and Chong Wang
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance and The Hong Kong Polytechnic University
Downloads 108 (286,568)

Abstract:

Loading...

Capital redeployability, Labor redeployability; Loan contracting; Cost stickiness, Financial distress

29.

It’s a Small World: The Importance of Social Connections with Auditors to Mutual Fund Managers’ Portfolio Decisions

Number of pages: 60 Posted: 28 Dec 2019 Last Revised: 17 Jun 2020
Yangyang Chen, Jun Huang, Ting Li and Jeffrey Pittman
City University of Hong Kong (CityUHK) - Department of Accountancy, Shanghai University of Finance and Economics, Shanghai University of International Business and Economics and Memorial University of Newfoundland (MNU) - Faculty of Business Administration
Downloads 89 (325,394)

Abstract:

Loading...

Social Connections, Auditor Incentives, Mutual Fund Stock-holding

30.

Do Corporate Pension Plans Affect Audit Pricing?

Journal of Contemporary Accounting and Economics, Forthcoming
Number of pages: 47 Posted: 05 Oct 2017 Last Revised: 24 Nov 2017
Yangyang Chen, Rui Ge and Leon Zolotoy
City University of Hong Kong (CityUHK) - Department of Accountancy, Shenzhen University - Shenzhen Audencia Business School and University of Melbourne - Melbourne Business School
Downloads 70 (374,329)

Abstract:

Loading...

Pension Plans, Audit Pricing, Audit Effort, Audit Risk, Earnings Management.

31.

Catastrophic Risk and Institutional Investors: Evidence from Institutional Trading around 9/11

Number of pages: 43 Posted: 11 Oct 2018 Last Revised: 27 Nov 2018
Yangyang Chen, Gang Hu, Danlei Bonnie Yu and Jingran Zhao
City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, Hong Kong Polytechnic University - School of Accounting and Finance and Hong Kong Polytechnic University
Downloads 65 (389,315)

Abstract:

Loading...

Catastrophic Risk, Market Crisis and Stability, Institutional Investor, Trading

32.

Does Reducing Air Pollution Make Inventors More Innovative? Evidence from the NOx Budget Program

Number of pages: 51 Posted: 26 Mar 2020
Yue Luo, Yangyang Chen and Ji-Chai Lin
Hong Kong Polytechnic University, School of Accounting and Finance, Students, City University of Hong Kong (CityUHK) - Department of Accountancy and Hong Kong PolyU
Downloads 59 (408,635)

Abstract:

Loading...

Air pollution; Inventor productivity; Innovation strategy

33.

Local Religious Norms, Corporate Social Responsibility, and Firm Value

Journal of Banking and Finance, Forthcoming
Number of pages: 53 Posted: 09 Feb 2019
Leon Zolotoy, Don O'Sullivan and Yangyang Chen
University of Melbourne - Melbourne Business School, University of Melbourne - Melbourne Business School and City University of Hong Kong (CityUHK) - Department of Accountancy
Downloads 56 (418,947)
Citation 5

Abstract:

Loading...

34.

Global Board Reforms and the Pricing of IPOs

Number of pages: 63 Posted: 30 Jul 2020 Last Revised: 14 Jan 2021
Yangyang Chen, Abhinav Goyal and Leon Zolotoy
City University of Hong Kong (CityUHK) - Department of Accountancy, University College Cork and University of Melbourne - Melbourne Business School
Downloads 50 (440,591)

Abstract:

Loading...

Global board reforms; IPO underpricing; Corporate governance

35.

Does High Quality Auditing Mitigate or Encourage Private Information Collection?

Contemporary Accounting Research, Forthcoming
Number of pages: 45 Posted: 09 May 2014 Last Revised: 15 May 2017
City University of Hong Kong (CityUHK) - Department of Accountancy, Rajshahi University, University of Texas at Arlington - Department of Accounting and T.A. PAI Management Institute, Finance Area
Downloads 50 (440,591)

Abstract:

Loading...

Audit Quality; Private Information Collection; Idiosyncratic Return Volatility; Information Asymmetry

36.

Do Progressive Social Norms Affect Economic Outcomes? Evidence from Corporate Takeovers

Journal of Empirical Finance, Forthcoming
Number of pages: 52 Posted: 11 Jan 2017
City University of Hong Kong (CityUHK) - Department of Accountancy, Deakin University, University of Hawaii at Manoa - Shidler College of Business and T.A. PAI Management Institute, Finance Area
Downloads 38 (490,638)

Abstract:

Loading...

Religion, Corporate takeovers, Mainline Protestants, Behavioral finance

37.

Knowledge is Power: The Importance of Public Accounting Experience to Mutual Fund Managers’ Monitoring

Posted: 20 Oct 2020
Yangyang Chen, Jun Huang, Ting Li and Jeffrey Pittman
City University of Hong Kong (CityUHK) - Department of Accountancy, Shanghai University of Finance and Economics, Shanghai University of International Business and Economics and Memorial University of Newfoundland (MNU) - Faculty of Business Administration

Abstract:

Loading...

Mutual fund manager; Public accounting experience; Earnings management

38.

CEO Risk‐Taking Incentives and the Cost of Equity Capital

Journal of Business Finance & Accounting, Vol. 42, Issue 7-8, pp. 915-946, 2015
Number of pages: 32 Posted: 22 Oct 2015
Yangyang Chen, Cameron Truong and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Department of Accountancy, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 0 (753,803)
Citation 1
  • Add to Cart

Abstract:

Loading...

executive compensation, deltas, vegas, implied cost of equity capital

Other Papers (1)

Total Downloads: 175
1.

Institutional Investor Horizons, Information Environment, and Firm Financing Decisions

Number of pages: 69 Posted: 15 Mar 2012 Last Revised: 15 Aug 2019
Nanyang Business School, Nanyang Technological University, City University of Hong Kong (CityUHK) - Department of Accountancy, Hong Kong Baptist University and Faculty of Business Administration, University of Macau
Downloads 175 (179,390)

Abstract:

Loading...

Investor horizons, information asymmetry, capital structure, debt maturity, institutional ownership