Gang Hu

Hong Kong Polytechnic University - School of Accounting and Finance

Associate Professor of Finance

M1038, Li Ka Shing Tower

Hung Hom, Kowloon

Hong Kong

http://www.mypolyuweb.hk/ganghu

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 2,223

SSRN RANKINGS

Top 2,223

in Total Papers Downloads

12,226

CITATIONS
Rank 4,991

SSRN RANKINGS

Top 4,991

in Total Papers Citations

104

Scholarly Papers (22)

1.

Legal and Economic Issues in Litigation Arising from the 2007-2008 Credit Crisis

PRUDENT LENDING RESTORED: SECURITIZATION AFTER THE MORTGAGE MELTDOWN, Chapter 5, pp. 163-235, Yasuyuki Fuchita, Richard Herring, and Robert Litan, eds., Brookings Institution Press, Washington DC, 2009, Harvard Law and Economics Discussion Paper No. 612, Harvard Law School Program on Risk Regulation Research Paper No. 08-5
Number of pages: 94 Posted: 03 Mar 2008 Last Revised: 23 Nov 2010
Harvard Law School, Babson College and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 5,171 (957)
Citation 3

Abstract:

Subprime, Litigation, Economic

2.

The Role of Institutional Investors in Seasoned Equity Offerings

Journal of Financial Economics (JFE), Vol. 94, No. 3, pp. 384-411, 2009, AFA 2006 Boston Meetings Paper, NBER 2007 Market Microstructure Meetings Paper, EFA 2007 Ljubljana Meetings Paper
Number of pages: 57 Posted: 25 Mar 2005 Last Revised: 14 Apr 2010
Boston College - Carroll School of Management, Oregon State University and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 848 (19,861)
Citation 32

Abstract:

Seasoned Equity Offerings, Institutional investors, Manipulative trading, Information production, SEO discount, Underpricing

Costly Arbitrage and Idiosyncratic Risk: Evidence from Short Sellers

Journal of Financial Intermediation, Vol. 19, pp. 564-579, 2010, WFA 2006 Keystone Meetings Paper
Number of pages: 31 Posted: 14 Aug 2006 Last Revised: 27 Jan 2013
Ying Duan, Gang Hu and R. David McLean
Simon Fraser University (SFU) - Beedie School of Business, Hong Kong Polytechnic University - School of Accounting and Finance and Georgetown University - Department of Finance
Downloads 727 (25,806)
Citation 21

Abstract:

Short sellers, short interest, short sale constraints, costly arbitrage, idiosyncratic risk, market efficiency

Costly Arbitrage and Idiosyncratic Risk: Evidence from Short Sellers

Journal of Financial Intermediation, Vol. 19, No. 4, 2010, University of Alberta School of Business Research Paper No. 2013-204
Posted: 23 May 2013 Last Revised: 30 May 2013
Ying Duan, Gang Hu and R. David McLean
Simon Fraser University (SFU) - Beedie School of Business, Hong Kong Polytechnic University - School of Accounting and Finance and Georgetown University - Department of Finance

Abstract:

When is Stock-Picking Likely to be Successful? Evidence from Mutual Funds

Financial Analysts Journal, Vol. 65, No. 2, pp. 55-66, 2009
Number of pages: 29 Posted: 12 Dec 2008 Last Revised: 27 Jan 2013
Ying Duan, Gang Hu and R. David McLean
Simon Fraser University (SFU) - Beedie School of Business, Hong Kong Polytechnic University - School of Accounting and Finance and Georgetown University - Department of Finance
Downloads 694 (27,522)
Citation 10

Abstract:

mutual funds, insitutional investors, arbitage, limits of arbitrage, idiosyncratic risk, market efficiency

When is Stock Picking Likely to Be Successful? Evidence from Mutual Funds

Financial Analysts Journal, 65, Number 2, 2009, University of Alberta School of Business Research Paper No. 2013-205
Posted: 23 May 2013 Last Revised: 30 May 2013
Ying Duan, Gang Hu and R. David McLean
Simon Fraser University (SFU) - Beedie School of Business, Hong Kong Polytechnic University - School of Accounting and Finance and Georgetown University - Department of Finance

Abstract:

5.

The Role of Institutional Investors in Initial Public Offerings

Review of Financial Studies, Vol. 23, pp. 4496-4540, 2010, WFA 2007 Big Sky Meetings Paper, EFA 2006 Zurich Meetings Paper
Number of pages: 58 Posted: 17 Jun 2006 Last Revised: 23 Nov 2010
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 692 (25,616)
Citation 5

Abstract:

Initial public offerings, Institutional investors, Trading, IPO allocations, Flipping

6.

Measures of Implicit Trading Costs and Buy-Sell Asymmetry

Journal of Financial Markets, Vol. 12, pp. 418-437, 2009, WFA 2005 Portland Meetings Paper
Number of pages: 29 Posted: 27 Sep 2004 Last Revised: 23 Nov 2010
Gang Hu
Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 539 (36,852)
Citation 12

Abstract:

Institutional trading, Trading cost measurement, Buy-sell asymmetry, Implementation shortfall, VWAP

7.

The Year-End Trading Activities of Institutional Investors: Evidence from Daily Trades

Review of Financial Studies, Forthcoming, AFA 2010 Atlanta Meetings Paper, EFA 2009 Bergen Meetings Paper, University of Alberta School of Business Research Paper No. 2014-11
Number of pages: 39 Posted: 15 Feb 2009 Last Revised: 08 Dec 2013
Hong Kong Polytechnic University - School of Accounting and Finance, Georgetown University - Department of Finance, Boston College - Department of Finance and University of Central Florida - College of Business Administration
Downloads 536 (34,949)

Abstract:

mutual funds, portfolio pumping, window dressing, tape painting, institutional investors

8.

Institutional Investors and the Information Production Theory of Stock Splits

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 74 Posted: 17 Mar 2008 Last Revised: 28 Apr 2015
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 411 (46,799)

Abstract:

Stock Splits, Brokerage Commissions, Information Production, Institutional Investors

9.

OLIVE: A Simple Method for Estimating Betas When Factors Are Measured with Error

Journal of Financial Research, Vol. 34, 27-60, 2011
Number of pages: 44 Posted: 02 Mar 2007 Last Revised: 10 Nov 2011
J. Ginger Meng, Gang Hu and Jushan Bai
Stonehill College - Department of Business Administration, Hong Kong Polytechnic University - School of Accounting and Finance and New York University (NYU) - Department of Economics
Downloads 318 (71,541)
Citation 2

Abstract:

factor model, beta estimation, measurement error, instrumental variable, many instruments, GMM

10.

VWAP Cost Excluding Own Trades

Journal of Trading, Vol. 2, pp. 30-34, Winter 2007
Number of pages: 10 Posted: 14 Dec 2008 Last Revised: 19 Jan 2009
Gang Hu
Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 294 (71,286)
Citation 2

Abstract:

VWAP Cost, Trading Cost Measurement, Institutional Trading

11.

Small Negative Earnings Surprises and Transient Institutions’ Trading Behavior

Number of pages: 67 Posted: 01 Sep 2009 Last Revised: 24 Aug 2010
Gang Hu, Bin Ke and Yong Yu
Hong Kong Polytechnic University - School of Accounting and Finance, National University of Singapore and University of Texas at Austin
Downloads 251 (89,812)

Abstract:

institutional investors, small negative earnings surprises

12.

The Market for Shareholder Voting Rights around Mergers and Acquisitions: Evidence from Institutional Daily Trading and Voting

Journal of Corporate Finance, Vol. 15, pp. 129-145, 2009
Number of pages: 46 Posted: 04 Oct 2008 Last Revised: 20 Jan 2009
Babson College, Hong Kong Polytechnic University - School of Accounting and Finance and University of Central Florida - College of Business Administration
Downloads 178 (124,796)
Citation 10

Abstract:

13.

Is Dividend Smoothing Universal? New Insights from a Comparative Study of Dividend Policies in Hong Kong and the U.S.

Journal of Corporate Finance, Vol. 16, pp. 413-430, 2010
Number of pages: 41 Posted: 23 Nov 2010
Boston College - Carroll School of Management, University of Georgia - Department of Finance, Hong Kong Polytechnic University - School of Accounting and Finance and affiliation not provided to SSRN
Downloads 160 (133,839)
Citation 1

Abstract:

Dividend Smoothing, Comparative Study, Hong Kong

14.

GAAP Difference or Accounting Fraud? Evidence from Chinese Reverse Mergers Delisted from U.S. Markets

Journal of Forensic and Investigative Accounting Vol. 7, 2015, 122-145
Number of pages: 25 Posted: 19 Feb 2015
Yimiao Chen, Gang Hu, Ling Lin and Min Xiao
KPMG, Hong Kong Polytechnic University - School of Accounting and Finance, University of Massachusetts Dartmouth - Department of Accounting & Finance and Xiamen University - Department of Finance
Downloads 140 (104,848)

Abstract:

Accounting Fraud, GAAP Difference, Chinese Reverse Mergers, Dual-Listed

15.

Do Transient Institutions Overreact to Small Negative Earnings Surprises?

Number of pages: 59 Posted: 27 Oct 2009
Gang Hu, Bin Ke and Yong Yu
Hong Kong Polytechnic University - School of Accounting and Finance, National University of Singapore and University of Texas at Austin
Downloads 135 (163,493)
Citation 2

Abstract:

institutional investors, small negative earnings surprises

16.

Underestimation of Securities Fraud Aggregate Damages Due to Inter-Fund Trades

Journal of Forensic Economics, Forthcoming
Number of pages: 23 Posted: 06 Jul 2013
Babson College - Finance Division, Hong Kong Polytechnic University - School of Accounting and Finance, Crowninshield Financial Research and Fidelity Investments, Inc.
Downloads 102 (181,860)

Abstract:

inter-fund trades, class action securities cases, damages estimation, aggregate damages, two-trader proportional trading model

17.

Information Production by Institutions around CEO Turnovers and Institutional Trading as a Corporate Governance Mechanism

Number of pages: 57 Posted: 15 Aug 2013 Last Revised: 04 Mar 2017
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance, The Brattle Group and Boston College, Carroll School of Management, Department of Finance
Downloads 99 (149,394)

Abstract:

Corporate Governance; CEO Turnover; Institutional Trading; Information Production

18.

An Analysis of Liquidity Across Markets: Execution Costs on the NYSE versus Electronic Markets

LIQUIDITY, INTEREST RATES AND BANKING, Chapter 7, pp. 139-167, Jeffrey Morrey, Alexander Guyton, eds., Nova Publishers, New York, 2009
Number of pages: 37 Posted: 23 Nov 2010
Babson College - Finance Division, Hong Kong Polytechnic University - School of Accounting and Finance and Stonehill College - Department of Business Administration
Downloads 63 (277,919)
Citation 1

Abstract:

Liquidity, Execution Costs, Electronic Markets

19.

High Differentiation and Low Standardization: The Role of Venture Capitalists in Transforming the Governance and Management of Family Firms

Number of pages: 72 Posted: 21 Aug 2015 Last Revised: 29 Jun 2016
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance and Xiamen University - School of Management
Downloads 52 (176,354)

Abstract:

Family Firm; Corporate Governance; Venture Capital; Standardization

20.

Emerging Issues in Evaluating Market Efficiency: Part 1 - Serial Correlation

Law 360, Securities and Class Action Expert Analysis Sections, 2012
Number of pages: 7 Posted: 08 Jul 2013 Last Revised: 02 Aug 2013
Gang Hu and Mark Marcus
Hong Kong Polytechnic University - School of Accounting and Finance and Crowninshield Financial Research
Downloads 48 (280,159)

Abstract:

securities litigation, market efficiency, serial correlation, fraud-on-the-market

21.

Emerging Issues in Evaluating Market Efficiency: Part 2 – Analyst Coverage in the 21st Century

Law 360, Securities and Class Action Expert Analysis Sections, 2013
Number of pages: 7 Posted: 03 Aug 2013
J. Brendan Brooks and Gang Hu
Crowninshield Financial Research and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 42 (312,823)

Abstract:

securities litigation, market efficiency, analyst coverage, fraud-on-the-market, Cammer decision

22.

Opinion Divergence Among Professional Investment Managers

Journal of Business Finance & Accounting, Vol. 35, Issue 5-6, pp. 679-703, June/July 2008
Number of pages: 25 Posted: 18 Jun 2008
Hong Kong Polytechnic University - School of Accounting and Finance, Stonehill College - Department of Business Administration and Babson College - Finance Division
Downloads 3 (512,587)
Citation 3
  • Add to Cart

Abstract: