Publications
2023
Institutional investors, non-mandatory regulations, and board gender diversity
Fu, X., Li, Y., & Zhang, Z. (2023). Institutional investors, non-mandatory regulations, and board gender diversity. Finance Research Letters, 58, 104509. doi:10.1016/j.frl.2023.104509
Economic uncertainty: Mispricing and ambiguity premium
Cai, C. X. X., Fu, X., & Kerestecioglu, S. (2022). Economic uncertainty: Mispricing and ambiguity premium. EUROPEAN FINANCIAL MANAGEMENT. doi:10.1111/eufm.12403
Political connections, environmental violations and punishment: Evidence from heavily polluting firms
Florackis, C., Fu, X., & Wang, J. (2023). Political connections, environmental violations and punishment: Evidence from heavily polluting firms. International Review of Financial Analysis, 88, 102698. doi:10.1016/j.irfa.2023.102698
2021
Real estate illiquidity and returns: A time-varying regional perspective
Ellington, M., Fu, X., & Zhu, Y. (2023). Real estate illiquidity and returns: A time-varying regional perspective. INTERNATIONAL JOURNAL OF FORECASTING, 39(1), 58-72. doi:10.1016/j.ijforecast.2021.08.005
2019
The Information Role of Earnings Conference Call Tone: Evidence from Stock Price Crash Risk
Fu, X., Wu, X., & Zhang, Z. (2019). The Information Role of Earnings Conference Call Tone: Evidence from Stock Price Crash Risk. Journal of Business Ethics. doi:10.1007/s10551-019-04326-1
CFO cultural background and stock price crash risk
Fu, X., & Zhang, Z. (2019). CFO cultural background and stock price crash risk. Journal of International Financial Markets, Institutions and Money, 62, 74-93. doi:10.1016/j.intfin.2019.05.001
Does the Volatility of Volatility Risk Forecast Future Stock Returns?
Bu, R., Fu, X., & Jawadi, F. (2019). Does the Volatility of Volatility Risk Forecast Future Stock Returns?. Journal of International Financial Markets, Institutions and Money, 61, 16-36. doi:10.1016/j.intfin.2019.02.001
2016
Asymmetric Effects of Volatility Risk on Stock Returns: Evidence from VIX and VIX Futures
Fu, X., Sandri, M., & Shackleton, M. B. (2016). Asymmetric Effects of Volatility Risk on Stock Returns: Evidence from VIX and VIX Futures. Journal of Futures Markets, 36(11), 1029-1056. doi:10.1002/fut.21772
Option-Implied Volatility Measures and Stock Return Predictability
Fu, X., Arisoy, Y. E., Shackleton, M. B., & Umutlu, M. (2016). Option-Implied Volatility Measures and Stock Return Predictability. Journal of Derivatives, 24(1), 58-78. doi:10.3905/jod.2016.24.1.058