Is Love Blind? AI-Powered Trading with Emotional Dividends

De-Rong Kong¹, Valeria Fedyk², Daniel Rabetti^3,4

1: Yuan Ze University; 2: Arizona State University; 3: National University of Singapore; 4: Harvard Business School (visiting)

CEO Incentives and Acquisitions: Evidence from the Pay Ratio Disclosure Mandate

Sudipto Dasgupta^1,2,4, Tao Shu^1,3, Yuxuan Zhu¹

1: Chinese University of Hong Kong; 2: CEPR; 3: ABFER; 4: ECGI

Government Spending and Rising Industry Stars

Roberto Gomez Cram, Yunhan Guo, Howard Kung, Luca Mecca

London Business School

So Many Jumps, So Little News

Yacine Ait-Sahalia¹, Chen Xu Li², Chenxu Li³

1: Princeton University, USA; 2: Renmin University of China, China; 3: Peking University, China

Crypto Risk in the Financial System

Hengguo Da¹, Kose John², Ndackyssa Oyima-Antseleve³

1: SWUFE, China, People's Republic of; 2: NYU, USA; 3: CAL Poly, USA

Unveiling the Fog of Law: Judicial Transparency and Entrepreneurship

Xing Liu, Xuan Tian, Zhiming Zhu

Tsinghua University, PBC School of Finance

Contracting with Government: Judicial Independence and Expropriation Risk in the Capital Market

Naide Ye

Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University, People's Republic of China

Common Risk Factors in the Returns on Stocks, Bonds (and Options), Redux

Zhongtian Chen¹, Nikolai Roussanov², Xiaoliang Wang³, Dongchen Zou⁴

1: The Wharton School; 2: The Wharton School; 3: HKUST Business School, Hong Kong S.A.R. (China); 4: The Wharton School

CODE-WASHING: EVIDENCE FROM OPEN-SOURCE BLOCKCHAIN STARTUPS

Ofir Gefen¹, Daniel Rabetti¹, Yannan Sun², Che Zhang³

1: National University of Singapore; 2: The University of Hong Kong; 3: Tsinghua University

Moral Hazard and the Corporate Information Environment

Dan Luo

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

Sowing Public Seeds, Reaping Private Blooms: A Q-theoretical Approach to Government Investment

Zhiyao Chen¹, Ran Duchin², Daniel Kim³, Erica X.N. Li⁴

1: City University of Hong Kong, Hong Kong S.A.R. (China); 2: Boston College; 3: University of Waterloo; 4: Cheung Kong Graduate School of Business

Semiparametric Conditional Factor Models in Asset Pricing

Qihui Chen¹, Nikolai Roussanov², Xiaoliang Wang³

1: CUHK-Shenzhen; 2: The Wharton School; 3: HKUST Business School, Hong Kong S.A.R. (China)

Inside Out: Who Trade Before the Start of Cyber Attacks?

Xi Dong¹, Edward Xuejun Li¹, Xintian Lin², Xin Yuan³

1: Baruch College, City University of New York; 2: Central University of Finance and Economics; 3: Dongbei University of Finance and Economics

To Grant or Not to Grant: Inventor Gender and Patent Examination Outcomes

Yuqi Gu², Katharina Lewellen³, Connie Mao¹, Yueru Qin⁴

1: Temple University, United States of America; 2: Willamette University; 3: Dartmouth College; 4: Nankai University

Market Feedback: Evidence from the Horse’s Mouth

Itay Goldstein¹, Bibo Liu², Liyan Yang³

1: University of Pennsylvania; 2: Tsinghua University; 3: University of Toronto

Share the gain but not the pain: Managerial rent extraction and the manager-worker pay growth gap

Jie He¹, Lei Li², Rik Sen¹, Tao Shu³

1: University of Georgia, United States of America; 2: Meta Platforms Inc; 3: Chinese University of Hong Kong

China Walls

Daniel Nathan¹, Chaojun Wang², Tomy Lee³

1: PolyU, Hong Kong S.A.R. (China); 2: The Wharton School; 3: CEU

Does Digitalization Widen Labor Income Inequality?

Jilei Huang¹, Yi Sun², Jian Wang³, Liyan Yang⁴

1: School of Economics, Shandong University; 2: School of Economics and Management, University of Chinese Academy of Sciences; 3: School of Management and Economics, The Chinese University of Hong Kong (Shenzhen); 4: Rotman School of Management, University of Toronto