Brown, Stephen, William Goetzmann, Bing Liang, and Christopher Schwarz. Trust and Delegation. Journal of Financial Economics, 2012, 103 (2): 221-234.

Hovakimian, Armen, Ayla Kayhan, and Sheridan Titman. Are Corporate Default Probabilities Consistent with the Static Trade-off Theory?. The Review of Financial Studies, 2012, 25 (2): 315-340.

Cai, Li, and Bing Liang. Asset Allocation Dynamics in the Hedge Fund Industry. Journal of Investment Management, 2012, 10 (2): 35-39.

Wang, Zhenyu, and Xiaoyan Zhang. Empirical Evaluation of Asset Pricing Models: Arbitrage and Pricing Errors in Contingent Claims. Journal of Empirical Finance, 2012, 19 (1): 65-78.

Cai, Li, and Bing Liang. On the Dynamics of Hedge Fund Strategies. Journal of Alternative Investments, 2012, 14 (4): 51-68.

Wang, Zhenyu, and Xiaoyan Zhang. Empirical Evaluation of Pricing Models: Arbitrage and Pricing Errors on Contingent Claims. Journal of Empirical Finance, 2012, 19 (1): 65-78.

Liao, Li, Zhisheng Li, Weiqiang Zhang, and Ning Zhu. Does the location of stock exchange matter? A within-country analysis. Pacific-Basin Finance Journal, 2012, 20: 561-582.

Jiaping Qiu and Fan Yu. Endogenous Liquidity in Credit Derivatives. Journal of Financial Economics, 2012, 103 (3): 611-631.

Liu, Fang, and Jing-Sheng Song. Good and Bad News about the (S,T) Policy. Manufacturing & Service Operations Management, 2012, 14 (1): 42-49.

Bekaert, Geert , Robert J. Hodrick, and Xiaoyan Zhang. Aggregate Idiosyncratic Volatility. Journal of Financial and Quantitative Analysis, 2012, 47 (6): 1155-1185.