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Doctoral Studies

Ph.D. in Finance, WHU Otto Beisheim School of Management (2014-19)
Visiting scholar, New York University Stern School of Business (2016)

Prior Studies

M.Sc. Management (Finance), ESSEC Business School (2014)
Exchange, University of Chicago Booth School of Business (2013)
B.A. Economics, East China University of Science and Technology (2011)

Research Interests

Corporate finance, Mergers and acquisitions, Behavioral finance


1. She is Mine: Determinants and Value Effects of Early Announcements in Takeovers, Journal of Corporate Finance, 2018 (with Nihat Aktas and Burcin Yurtoglu) [PDF]

Working Papers

2. Friends at WSJ [Link] 
3. Are Market Reactions to M&As Biased by Overextrapolation of Salient News? (with Eliezer M. Fich) [Link] 
4. The Role of Internal M&A Teams in Takeovers (with Nihat Aktas, Audra Boone, Alexander Witkowski, and Burcin Yurtoglu) [Link] 
5. Foreign Bribery and Takeovers: International Evidence [Link]
6. Investment under Uncertainty: Do Firm Boundaries Matter? (with Johnson Mo) [Link]

Presentations and Discussions

2019: ASSA/AFA (Atlanta)*, MFA (Chicago), CEIBS Finance /Accounting Symposium (Shanghai), Aalto University, Drexel University, Erasmus University Rotterdam School of Management, ESCP Europe (Paris), Fudan University, Paris-Dauphine University, Strathclyde University, University of Miami*
2018: EFA Doctoral Tutorial (Warsaw), Helsinki Finance Summit (Helsinki), International Conference of French Finance Association (Paris), Paris December Finance Meeting (Paris), Research in Behavioral Finance Conference (Amsterdam), CKGSB*, Erasmus University School of Economics, Frankfurt School of Finance, Humboldt University in Berlin, Louisiana State University*, Peking University*
2017: 6th Annual Corporate Finance Conference in Exeter University*, Corporate Finance Workshop in Durham University*, International Conference of French Finance Association (Valence), Paris December Finance Meeting (Paris), City University of Hong Kong*, ESSEC, NYU Stern*, University of Lille II, University of Missouri*, UNLV*
2016: Conference on Empirical Legal Studies (Amsterdam), FMA Doctoral Student Consortium (Helsinki), International Conference of the French Finance Association (Liege), Spring Meeting of Young Economists (Lisbon), Workshop on Corporate Governance and Investment (Istanbul), NYU Stern, WHU
2015: Causal Inference Workshop, Northwestern University, WHU

* Presented by a coauthor


Advanced Corporate Finance, co-instructor, Master in Finance, Fall 2014-18
Tutorials for Advanced Econometrics, instructor, Fall 2018

Professional Service

Referee for Journal of Corporate Finance, Emerging Markets Review


European Finance Association Travel Grant, 2018
Dean’s Fund, WHU – Otto Beisheim School of Management, 2017, 2018
French Finance Association International Conference Best Paper Award, 2017
Travel Grant, WHU Chair of Corporate Finance, 2016
PhD Fellowship, WHU Chair of Corporate Finance, 2014–present
ESSEC Excellence Scholarship, 2013
CFA Global Research Challenge French Championship, 2013
Research Paper Award in the ECUST University Student Research Program, 2009
National Scholarship by the Chinese Education Ministry, 2008


American Finance Association
European Finance Association
Western Finance Association
Society for Financial Studies
European Association of Young Economists

Non-academic Experience

Lazard, Mergers & Acquisitions Analyst, Paris 2013
Vivendi Group, Investors Relations Intern, Paris 2012