We find that firms winning Green Company Awards in China from 2008 to 2011 experienced on average insignificant and in some cases significantly negative effects on shareholder value. Various robustness checks suggest that these findings are not driven by the inefficiency of the Chinese stock...

The existing literature has often underscored the “healthy migrant” effect and the “salmon bias” in understanding the health of migrants. Nevertheless, direct evidence for these two hypotheses, particularly the “salmon bias,” is limited. Using data from a national longitudinal survey...

An extensive literature demonstrates various negative health consequences of family disruption in Western societies, which is largely due to marital dissolution. In developing settings, family disruption commonly arises in the context of labor out-migration. However, studies on household...

We study the short-term trajectories of employment, hours worked, and real wages of immigrants in Canada and the U.S. using nationally representative longitudinal datasets covering 1996-2008. Models with person fixed effects show that on average immigrant men in Canada do not experience any...

Purpose: This paper aims to investigate the dynamic relationship between the investor sentiment and the return of various sectors in the Chinese stock market. Design/methodology/approach: The wavelet coherence and wavelet phase...

My dissertation studies the issues on corporate governance in a global context. In the first chapter, I study a well-documented but little understood phenomenon that foreign acquirers target only well-performing in emerging markets. To explain this phenomenon, I develop a law and finance model,...