Anatomy of the Treasury Market: Who Moves Yields?

Manav Chaudhary¹, Zhiyu Fu², Haonan Zhou³

1: University of Chicago, Booth School of Business; 2: Washington University in St. Louis, Olin School of Business; 3: University of Hong Kong, Hong Kong S.A.R. (China)

Illiquidity Meets Intelligence: AI-Driven Price Discovery in Corporate Bonds

Stacey Jacobsen, Kumar Venkataraman, David Xu

Southern Methodist University, United States of America

Diffused Errors along Technology Spillovers: Evidence from the 510(k) Medical Device Market

Po-Hsuan Hsu¹, Kyungran Lee², S. Katie Moon³, Seungjoon Oh⁴

1: National Tsing Hua University; 2: Neoma Business School; 3: University of Colorado; 4: Peking University

Set in Stone: The Persistence and Origin of Corporate Culture

Kai Li¹, Yu-Jane Liu², Ruichang Lu², Kaihao Qian², Xiaojun Zhang²

1: University of British Columbia, Sauder School of Business; 2: Peking University, Guanghua School of Management,

What Quantity of Reserves Is Sufficient?

Yilin {David} Yang

City University of Hong Kong, Hong Kong S.A.R. (China)

What Drives Global Corporate Bond Returns?

Jiarui Deng¹, Kewei Hou², Zhan Shi¹

1: PBC School of Finance, Tsinghua University, Beijing, 100083, China; 2: Fisher College of Business, Ohio State University, Columbus, OH 43210

Healthy Returns: The Impact of Paid Sick Leave on Hospital Healthcare Quality

Jie Cao¹, Lei Lei¹, Linjia Song², Xintong Zhan³

1: Hong Kong Polytechnic University, China, People's Republic of; 2: Xiamen University; 3: Fudan University

Valuing Ideological Customer Capital: Measurement through Procurement

Winston Dou¹, Yan Ji², David Reibstein², Di Tian³

1: University of Pennsylvania and NBER; 2: HKUST, Hong Kong S.A.R. (China); 3: University of Pennsylvania

A Nascent International Financial Channel of China’s Monetary Policy Transmission

Chang Ma¹, Alessandro Rebucci², Sili Zhou³

1: Fudan University; 2: Johns Hopkins University; 3: University of Macau, Macau S.A.R. (China)

The Risk and Return of Stocks and Bonds

Alex Dickerson¹, Mathieu Fournier¹, Jan Ericsson², Piotr Orlowski³

1: UNSW business school, Australia; 2: Mc Gill University; 3: HEC Montreal

What They Don't Know Can Hurt You: Hidden Medical Debt and Consumers’ Access to Credit

Elena Loutskina, Joonsung Won

University of Virginia, United States of America

From CeFi to DeFi: What does Investors (Mis)trust?

Shaokai Ding¹, Wenzhi Ding², Chen Lin³

1: Manchester University, Manchester (U.K.); 2: The Hong Kong Polytechnic University, Hong Kong S.A.R. (China); 3: The University of Hong Kong, Hong Kong S.A.R. (China)

Mosaics of Predictability

Lin William Cong¹, Guanhao Feng², Jingyu He², Yuanzhi Wang²

1: Cornell University SC Johnson College of Business (Johnson) and NBER; 2: City University of Hong Kong, Hong Kong S.A.R. (China)

Asset Pricing with "Buy Now, Pay Later"

Semyon Malamud¹, Neng Wang², Yuan Zhang³

1: Swiss Finance Institute, EPFL, and CEPR, Switzerland; 2: Cheung Kong Graduate School of Business and NBER, China; 3: Shanghai University of Finance and Economics, China

Nationalistic Labor Policies Hinder Financial Innovation

Francesco D'Acunto¹, Hengyi Huang², Michael Weber³, Jin Xie⁴, Liu Yang⁵

1: McDonough School of Business, Georgetown University; 2: Tilburg University; 3: Chicago Booth School of Business and NBER; 4: Peking University HSBC Business School; 5: University of Maryland

How green is green? Anatomy of ESG funds’ selection

Dunhong Jin, Roni Michaely, Menghan Wang

University of Hong Kong, Hong Kong S.A.R. (China)

Anomaly-driven demand

Anders Merrild Posselt, Mads Markvart Kjær

Aarhus University, Denmark

The Distribution Side of Insurance Markets

Jiaxing Tian¹, Li An², Wei Huang³, Dong Lou⁴, Yongxiang Wang⁵

1: Chinese University of Hong Kong, Shenzhen; 2: Tsinghua PBC School of Finance; 3: University of International Business and Economics; 4: Hong Kong University of Science and Technology and CEPR; 5: Shanghai Advanced Institute of Finance

Labor Unrest and Socially Responsible Hiring

Bohui Zhang¹, Jiaxing You², Haikun Zhu³

1: Xiamen University; 2: The Chinese University of Hong Kong (Shenzhen); 3: China Europe International Business School, China, People's Republic of

Oil-Driven Greenium

Zhan Shi¹, Shaojun Zhang²

1: Tsinghua University, China, People's Republic of; 2: The Ohio State University

Belief Skewness in the Stock Market

Arthur Beddock¹, Paul Karehnke²

1: City University of Hong Kong; 2: ESCP Business School

Leasing as a corporate risk management mechanism

Weiwei Hu¹, Kai Li¹, Chenjie Xu²

1: Peking University, HSBC Business School, China, People's Republic of; 2: Shanghai University of Finance and Economics

Displacement or Augmentation? The Effects of AI on Workforce Dynamics and Firm Value

Mark Chen¹, Joanna Wang²

1: Georgia State University; 2: Peking University

The Salience of Climate Change and Green Patents Review: Evidence from Climatic Disasters

Jie Cao¹, Tao Shu², Xuan Tian³, Yajing Wang¹, Xintong Zhan⁴

1: The Hong Kong Polytechnic University, Hong Kong S.A.R. (China); 2: The Chinese University of Hong Kong; 3: Tsinghua University; 4: Fudan University