University of Toronto
The recent financial crisis; Financial reform and regulation; Equity market price pressure; Mutual fund trading; Equity issuances and repurchases; Mergers and acquisitions; Long-short equity investment strategies; Portfolio optimization; Short selling; Insider trading; Accounting quality; Accounting conservatism.
Harvard Business School
Visiting Associate Professor of Business Administration, 7/2014 - 6/ 2015
(On leave from Minnesota)
University of Minnesota, Carlson School of Management
Associate Professor w/ tenure, 2014 -
PhD Program Coordinator, 2013 -
Assistant Professor, 2010 - 2014
MIT Sloan School of Management
Assistant Professor of Management, 2005 - 2010
Associate Editor, Journal of Accounting & Economics, 2009-present
Associate Editor, Asia-Pacific Journal of Accounting and Economics, 2010-present
Topic Editor, American Accounting Association Annual Convention, 2011
Topic Editor, American Accounting Association FARS Midyear Convention, 2014
Prizes: 2013 Whitebox Prize - Runner Up award for the best published contribution to the art and science of investing
Media mentions: The Wall Street Journal, The New York Times
Consulting: Investment companies
Referee for Journals: Journal of Accounting & Economics, The Accounting Review, Management Science (Finance track; Accounting track), Journal of Financial Economics, Journal of Accounting Research, Review of Accounting Studies, Contemporary Accounting Research, among others
Referee for External Funding Agencies: Hong Kong Research Grants Council, Social Sciences and Humanities Research Council of Canada
Do Short Sellers Front-Run Insider Sales? 2013. The Accounting Review, forthcoming . With Hai Lu.
Accounting Quality, Stock Price Delay and Future Stock Returns. 2013. Contemporary Accounting Research 30, 269-295. With Jeffrey Callen and Hai Lu.
Mutual Fund Trading Pressure: Firm-level Stock Price Impact and Timing of SEOs. 2012. Journal of Finance 57, 1371-1395. With Leonid Kogan and George Serafeim. 2013 Whitebox Prize - Runner Up $5000 award for the best published contribution to the art and science of investing
A Simple Model relating Accruals to Risk, and its Implications for the Accrual Anomaly. 2012. Journal of Business Finance and Accounting 39, 35-59.
Estimation and Empirical Properties of a Firm-Year Measure of Accounting Conservatism. 2009. Journal of Accounting and Economics 48, 132-150. With Ross L. Watts.
Are Accruals Mispriced? Evidence from Tests of an Intertemporal Capital Asset Pricing Model. 2008. Journal of Accounting and Economics 45, 55-77.
Conceptual Foundations of Capital Market Anomalies. 2011. Chapter 1 in Handbook of Investment Anomalies. Len Zacks, ed. Wiley.
Bank Recapitalization through SEOs: Why is This Time Different? 2013. With Dushyantkumar Vyas. Under review.
Third-party Costs of Debt Covenant Violations. 2013. With Yu Gao and Liang Tan. Under review.