Bing Liang
Charles P. McQuaid Endowed Professor
Education
Professional Experience
Academic Appointments
Recent Honors / Awards
Research Interests
Teaching Interests
- Empirical Asset Pricing
- Investments
- Alternative Investments
- Hedge Funds
- Corporate Finance
- International Finance
- Investments
- Capital Markets and Institutions
- Corporate Finance
- International Finance
Selected Publications
“Hedge Fund Manager Skills and Style-Shifting" (with George Jiang and Huacheng Zhang), 2021, Management Science 68, No. 3.
“Hedge Fund Holdings and Stock Market Efficiency” (with Charles Cao, Andrew Lo, and Lubomir Petrasek), 2018, Review of Asset Pricing Studies 8, 77-116.
“Liquidity Costs, Return Smoothing, and Investor Flows: Evidence from a Separate Account Platform” (with Charles Cao, Grant Farnsworth, and Andrew Lo), 2016, Management Science 1-18.
“Risk Arbitrage and the Information Content of Hedge Fund Trading” (with Charles Cao, Bradley Goldie, and Lubomir Petrasek), 2016, Journal of Financial and Quantitative Analysis 51, 929-957.
“Onshore and Offshore Hedge Funds: Are They Twins?” (with George Aragon and Hyuna Park), 2014, Management Science 60, 74-91.
“Can Hedge Funds Time Market Liquidity?” (with Charles Cao, Yong Chen, and Andrew Lo), 2013, Journal of Financial Economics 109, 493-516.
“Trust and Delegation” (with Stephen Brown, Will Goetzmann, and Chris Schwarz), 2012, Journal of Financial Economics 103, 221-234. Lead article.
“Mandatory Disclosure and Operational Risk: Evidence from Hedge Fund Registration” (with Stephen Brown, Will Goetzmann, and Chris Schwarz), 2008, Journal of Finance 63, 2785-2815.
“Do Hedge Funds Have Enough Capital? A Value at Risk Approach” (with Anurag Gupta), 2005, Journal of Financial Economics 77, 219-253.
