Tao Shu

Publications

Tao Shu
Title:

Professor of Finance, School of Management and Economics, Chinese University of Hong Kong(Shenzhen);

Education Background:
Ph.D. in Finance, McCombs School of Business, University of Texas at Austin, 2007.
M.S. in Statistics, University of Texas at Austin, 2003.
B.Econ., Finance, Zhongnan University of Economics and Law, 1997.
Teaching Area

Finance

Research

Empirical Asset Pricing, Institutional and Individual Investors, Behavioral Finance, Mergers and Acquisitions, Labor and Finance, Financial Accounting

PublicationsInfo

1. Publications:“Expectation Management in Mergers and Acquisitions” with Jie (Jack) He, Tingting Liu, and Jeffry Netter, Management Science, Forthcoming.
2. “The Convergence and Divergence of Investors’ Opinions around Earnings News: Evidence from a Social Network”, with Robert Giannini, and Paul Irvine, 2019, Journal of Financial Markets 42, 94-120.
3. “Nonlocal Disadvantage? An Examination of Social Media Sentiment”, with Robert Giannini, and Paul Irvine, 2018, Review of Asset Pricing Studies 8, 293-336.
4. “Price Impact or Trading Volume: Why is the Amihud (2002) Measure Priced?” with Xiaoxia Lou, 2017, Review of Financial Studies 30, 4481-4520.
5. “Can Managers Use Discretionary Accruals to Ease Financial Constraints? Evidence from Discretionary Accruals Prior to Investment”, with James Linck and Jeffry Netter, 2013, Accounting Review 88, 2117-2143.
6. “Institutional Investor Participation and Stock Market Anomalies”, 2013, Journal of Business Finance and Accounting 40, 695-718.
7. “Local Religious Beliefs and Mutual Fund Risk-Taking Behaviors”, with Johan Sulaeman and Eric P. Yeung, 2012, Management Science 58, 1779-1796. Lead Article.
8. “Examining the Dark Side of Financial Markets: Do Institutions Trade on Information from Investment Bank Connections?” with John Griffin and Selim Topaloglu, 2012, Review of Financial Studies 25, 2155-2188.
9. “Who Drove and Burst the Tech Bubble?” with John Griffin, Jeffery Harris, and Selim Topaloglu, 2011, Journal of Finance 66, 1251-1290.
10. “Default Risk, Shareholder Advantage, and Stock Returns”, with Lorenzo Garlappi and Hong Yan, 2008, Review of Financial Studies 21, 2743-2778.