Research

Working Papers

"Liquidity Management through Contracts with Customers"  (under review) 

(previously titled clientele credit: theories and evidence)

• Presentations: 2024 NTU Finance (Slides), 2024 Academia Sinica, 2024 Taiwan Finance Association Annual Meeting, 2024 National ChengChi University, 2023 American Finance Association (AFA) Annual Meeting (phd session), 2022 Chinese University of Hong Kong (Shenzhen), 2022 National Taiwan University, 2022 National Tsing Hua University, 2022 University of Illinois Urbana Champaign

• Awards: 2024 TFA Annual Meeting Fubon Best Paper Award, 2024 SFI Jin-Chuan Award (金椽獎) (outstanding research with policy implications)

• SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4210805 

"Corporate Investment under Price Anchors: Evidence from Share Repurchases " (with Darcy Pu) (under review) 

• Presentations: 2025 Asian Finance Association Annual Conference (scheduled), 2024 National Taiwan University, 2022 London Business School, 2022 University of Illinois Urbana Champaign

"Workforce Risks and Corporate Policies" (with William Hsiou-Wei Lin) 

"Timing the Market: Fake News and Seasoned Equity Offering Decision"

• Presentations: 2022 Eastern Finance Association Annual Meeting, 2021 UT Austin PhD Symposium on Financial Market Research and Policy Developments, 2021 World Finance Conference, 2020 University of Illinois Urbana Champaign. 

Work-in-Progress

• Project in Recruiting (with Ciao-Wei Chen)

• Project in Debt Structure