Ji-Chai Lin

Hong Kong PolyU

Chair Professor of Finance

M715, Li Ka Shing Tower

Hung Hom, Kowloon

China

SCHOLARLY PAPERS

26

DOWNLOADS
Rank 17,025

SSRN RANKINGS

Top 17,025

in Total Papers Downloads

3,608

SSRN CITATIONS
Rank 35,220

SSRN RANKINGS

Top 35,220

in Total Papers Citations

10

CROSSREF CITATIONS

13

Scholarly Papers (26)

1.

Why Have Auctions Been Losing Market Shares to Bookbuilding in IPO Markets?

Number of pages: 55 Posted: 27 Jun 2003
Ji-Chai Lin, Yi-Tsung Lee and Yu-Jane Liu
Hong Kong PolyU, Peking University - Guanghua School of Management and National Chengchi University (NCCU) - Department of Finance and Banking
Downloads 391 (93,157)
Citation 9

Abstract:

Loading...

2.

SEO Timing, the Cost of Equity Capital, and Liquidity Risk

Number of pages: 48 Posted: 23 Jan 2010
Ji-Chai Lin and YiLin Wu
Hong Kong PolyU and National Taiwan University - Department of Economics
Downloads 375 (97,768)
Citation 1

Abstract:

Loading...

Liquidity risk, Seasoned equity offerings, SEO timing, Cost of equity capital

3.

What do stock price levels tell us about the firms?

Journal of Corporate Finance, Vol. 46, 2017
Number of pages: 49 Posted: 16 Mar 2012 Last Revised: 03 Aug 2017
Konan Chan, Fengfei Li, Tse-Chun Lin and Ji-Chai Lin
National Chengchi Unversity (NCCU) - Finance, Deakin University - Deakin Business School, The University of Hong Kong - Faculty of Business and Economics and Hong Kong PolyU
Downloads 306 (122,395)
Citation 3

Abstract:

Loading...

Stock price level, price informativeness, O/S, future earnings, stock splits

4.

Stock Splits and the Trading Speed Improvement Hypothesis

Number of pages: 47 Posted: 25 Mar 2008
Ji-Chai Lin, Wen Yu and Ajai K. Singh
Hong Kong PolyU, University of St. Thomas - Opus College of Business and Department of Finance, University of Central Florida
Downloads 293 (128,158)

Abstract:

Loading...

Stock Splits, Liquidity, Trading Speed, Trading Costs

5.

Information, Sophistication, and Foreign Versus Domestic Investors' Performance

Number of pages: 42 Posted: 22 Mar 2007 Last Revised: 18 Oct 2011
University of Mississippi, Texas A&M University - Department of Finance, Hong Kong PolyU and National Chengchi University (NCCU) - Department of Finance and Banking
Downloads 199 (187,264)
Citation 3

Abstract:

Loading...

Closed-end Funds, Open-ending, Foreign Investors, Domestic Investors

6.

Emotions and Inventor Productivity: Evidence from Terrorist Attacks

Number of pages: 48 Posted: 03 Feb 2019 Last Revised: 09 Sep 2020
Yue Luo, Yangyang Chen and Ji-Chai Lin
Hong Kong Polytechnic University, School of Accounting and Finance, Students, City University of Hong Kong (CityUHK) - Department of Accountancy and Hong Kong PolyU
Downloads 192 (193,380)

Abstract:

Loading...

Terrorist attacks; Emotion; Inventor productivity

7.

Why Have Many U.S.-Listed Chinese Firms Announced Delisting Recently?

Number of pages: 49 Posted: 14 May 2018 Last Revised: 04 Sep 2018
Gang Hu, Ji-Chai Lin, Owen Wong and Manning Yu
Hong Kong Polytechnic University - School of Accounting and Finance, Hong Kong PolyU, Hong Kong Polytechnic University and Hong Kong Polytechnic University
Downloads 185 (199,922)

Abstract:

Loading...

Going Private and Delisting, Share Reissuance and Relisting, Government Policy and Regulation, Undervaluation, Variable Interest Entity, ADR and CDR

8.

What Percentage of Common Stocks are Mispriced?

Number of pages: 36 Posted: 10 Jul 2001
University of Alaska Fairbanks - School of Management (SOM), Hong Kong PolyU and Louisiana State University - E.J. Ourso College of Business Administration
Downloads 184 (200,821)

Abstract:

Loading...

9.

Stock Prices, Investor Short-Termism, and Innovation

Number of pages: 51 Posted: 21 Nov 2014
Huong T. T. Le and Ji-Chai Lin
Northeastern Illinois University and Hong Kong PolyU
Downloads 183 (201,819)

Abstract:

Loading...

Share price, innovation, institutional ownership, short-termism

10.

The Speed of Adjustment of Prices to Private Information: Empirical Tests

Journal of Financial Research, Vol. 18, No. 2, Summer 1995
Number of pages: 14 Posted: 23 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 169 (216,173)

Abstract:

Loading...

strong form efficiency, private information, speed of adjustment

11.

Does Economic Policy Uncertainty Drive the Initiation of Corporate Lobbying?

Number of pages: 61 Posted: 31 Jul 2018 Last Revised: 06 Apr 2020
Longfei Shang, Ji-Chai Lin and Walid Saffar
Hong Kong Polytechnic University, Hong Kong PolyU and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 162 (223,981)
Citation 2

Abstract:

Loading...

Economic Policy Uncertainty; Lobbying Decision; Lobbying Entry Barriers

12.

Variance, Return, and High-Low Price Spreads

Journal of Financial Research, Vol. 17, No. 3, Fall 1994
Number of pages: 19 Posted: 23 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 161 (225,147)

Abstract:

Loading...

variance, high-low spread, garch, volatility, stock returns

13.

Inferring Price Discovery from Frictional Markets

Number of pages: 28 Posted: 05 Mar 2000
Kevin C.H. Chiang and Ji-Chai Lin
University of Alaska Fairbanks - School of Management (SOM) and Hong Kong PolyU
Downloads 127 (272,128)
Citation 2

Abstract:

Loading...

14.

Capital Market Behavior and Operational Announcements of Layoffs, Operation Closings, and Pay Cuts

Review of Quantitative Finance and Accounting, Vol. 3, 1993
Number of pages: 17 Posted: 23 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 125 (275,386)
Citation 3

Abstract:

Loading...

operation closings, cost-cutting, layoffs, pay cuts, stock returns

15.

Volatility-of-Volatility Risk in Asset Pricing

Review of Asset Pricing Studies, Forthcoming
Number of pages: 74 Posted: 27 Feb 2021 Last Revised: 12 Jul 2021
Hong Kong Polytechnic University, Emory University - Department of Finance, National Taiwan University - Department of Finance and Hong Kong PolyU
Downloads 117 (288,970)

Abstract:

Loading...

Volatility-of-Volatility, Volatility Risk, Conditional Asset Pricing Model, Market Crashes

16.

Behavioral Bias, Distorted Stock Prices, and Stock Splits

Number of pages: 56 Posted: 05 Mar 2020 Last Revised: 07 Jun 2021
Deakin University - Deakin Business School, Hong Kong PolyU, The University of Hong Kong - Faculty of Business and Economics and Hong Kong Polytechnic University
Downloads 108 (305,507)

Abstract:

Loading...

Distorted prices; Anchoring bias; Stock split; Information production; Investment-price sensitivity

17.

Aggregate Analyst Forecast Errors, Stock Market Liquidity, and the Economy

Number of pages: 62 Posted: 16 Feb 2018
Hong Kong PolyU, Louisiana State University, Baton Rouge - Department of Accounting and Minjiang University - Newhuadu Business School
Downloads 100 (321,827)

Abstract:

Loading...

aggregate analyst earnings forecast errors, business cycle, stock market liquidity

18.

Price Adjustment Delays and Arbitrage Costs: Evidence from the Behavior of Convertible Preferred Prices

Journal of Financial and Quantitative Analysis, Vol. 30, No. 1, March 1995
Number of pages: 21 Posted: 19 May 2006
Ji-Chai Lin and Michael S. Rozeff
Hong Kong PolyU and SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads 99 (323,858)

Abstract:

Loading...

arbitrage costs, price delays, convertible preferred

19.

Does Reducing Air Pollution Make Inventors More Innovative? Evidence from the NOx Budget Program

Number of pages: 51 Posted: 26 Mar 2020
Yue Luo, Yangyang Chen and Ji-Chai Lin
Hong Kong Polytechnic University, School of Accounting and Finance, Students, City University of Hong Kong (CityUHK) - Department of Accountancy and Hong Kong PolyU
Downloads 90 (344,074)

Abstract:

Loading...

Air pollution; Inventor productivity; Innovation strategy

20.

Stock Price Delay and the Business Cycle

Number of pages: 52 Posted: 16 Feb 2018
Ji-Chai Lin and Ping-Wen Sun
Hong Kong PolyU and Minjiang University - Newhuadu Business School
Downloads 25 (593,831)

Abstract:

Loading...

price delay, business cycle, flight-to-quality

21.

Stock Splits as a Corporate Governance Device

Number of pages: 35 Posted: 22 Mar 2009
C. Wei Li and Ji-Chai Lin
University of Iowa and Hong Kong PolyU
Downloads 17 (648,678)

Abstract:

Loading...

stock split, signal, corporate governance, liquidity, managerial incentive, moral hazard

Underwriting Fees and Shareholder Rights

Journal of Business Finance and Accounting, Forthcoming
Posted: 17 Feb 2013
Bahar Ulupinar and Ji-Chai Lin
West Chester University of Pennsylvania and Hong Kong PolyU

Abstract:

Loading...

Shareholder Rights, Analyst Coverage, SEOs, Gross Spreads

23.

Dividend Policy, Signaling, and Discounts on Closed-End Funds

Journal of Financial Economics (JFE), Vol. 81, No. 3, 2006
Posted: 28 Aug 2011 Last Revised: 18 Oct 2011
Shane A. Johnson, Ji-Chai Lin and Kyojik Song
Texas A&M University - Department of Finance, Hong Kong PolyU and Sungkyunkwan University

Abstract:

Loading...

Dividend policy, Signaling, Closed-funds, Compensation

24.

Clientele Effects and Cross-Security Market Making: Evidence from Calls of Convertible Preferred Securities

Financial Management, Vol. 27, No. 4, Winter 1998
Posted: 19 Feb 1999
John S. Howe, Ji-Chai Lin and Ajai K. Singh
University of Missouri at Columbia - Department of Finance, Hong Kong PolyU and Department of Finance, University of Central Florida

Abstract:

Loading...

25.

Trade Size and Components of the Bid-Ask Spread

REVIEW OF FINANCIAL STUDIES, Vol. 8 No. 4
Posted: 09 Jul 1998
Hong Kong PolyU, Michigan State University and Louisiana State University, Baton Rouge - E.J. Ourso College of Business Administration

Abstract:

Loading...

26.

Market Structure, Informed Trading, and Analysts' Recommendations

Journal of Financial and Quantitative Analysis, December 1997
Posted: 09 Jan 1998
Myron B. Slovin, Sok Tae Kim and Ji-Chai Lin
Louisiana State University, Baton Rouge - Department of Finance, Dong Suh Securities Co. Ltd. and Hong Kong PolyU

Abstract:

Loading...