Research
Working Papers:
Foundational Processes and Growth
(R&R Journal of Financial Economics)
(with Elvira Sojli, Wing Wah Tham, Salomé Baslandze )
Can ESG Performance be attributed to Management Styles?
(with Tony Cai, Jason Zein and Hao Zhang)
Conferences AFA 2024, FMA Asia 2022, AFBC 2022
AI Patents
(Revising for Review of Finance)
(with Tianyu Cai and Raphael Park)
CEO Experience and Value Creation: Evidence from Green Lab Locations
(R&R Management Science)
(with Elvira Sojli and Wing Wah Tham)
Green technologies are imperative for green growth. We show that CEOs with more agglomeration experience are critical for opening green R\&D labs that exploit potential productivity and agglomeration benefits. Using exogenous shocks to non-focal green inventor mobility surrounding a focal firm’s research labs, we find that the concentration of cutting-edge green inventors improves the focal firm’s green innovation quality. Using CEO$\times$firm fixed effects, we identify a significant impact of CEOs’ time-varying experience in agglomeration economies on lab location and innovation success through knowledge spillovers and better inventor-firm matching. Our findings suggest that insiders are key to the firm’s green innovation success.
Conferences EFA 2024, CICF 2023, AIEA-NBER 2023
Common Ownership and Antitrust Enforcement: Evidence from the Court
(with Huaizhou Li, Ronald Masulis and Jason Zein)
Conferences FIRN 2022, FMA Asia 2022, CELS (Conference for Empirical Legal Studies) 2022, AFBC 2022, FMCG (Financial Market and Corporate Governance) 2022 (Runner-up for Best paper in Corporate Finance)