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Zexi Wang

Professor of Finance

Fields of Study:Corporate finance, Corporate governance, Executive Compensation, AI and data regulation, Sustainable finance, Real effects of financial markets.

Professor Introduction Research Field Publications

· Does Better Access to Disclosure Curb CEO Pay? Evidence from a Modern Information Technology Improvement, with Ilona Babenko, and Benjamin Bennett

    o Forthcoming at the Journal of Finance

· Corporate Pension Risk-Taking in a Low Interest Rate Environment, with Vasso Ioannidou and Roberto Pinto

    o Forthcoming at the Management Science

· Firm-Level Litigation Risk: Measurement and Effects, with Benjamin Bennett, Charles Ham, and Todd Milbourn

    o Forthcoming at the Management Science

· Paid Leave Pays off: The Effects of Paid Family Leave on Firm Performance, with Benjamin Bennett, Isil Erel, and Lea Stern, Review of Finance 30, Issue 3 (2026), 887–919. 

· The Effect of Stock Liquidity on Cash Holdings: The Repurchase Motive, with Kjell Nyborg, Journal of Financial Economics 142 (2021): 905-927.

· Does the Stock Market Make Firms More Productive?, with Benjamin Bennett and René Stulz, Journal of Financial Economics 136 (2020): 281-306.

Corporate finance, Corporate governance, Executive Compensation, AI and data regulation, Sustainable finance, Real effects of financial markets.

· Does Better Access to Disclosure Curb CEO Pay? Evidence from a Modern Information Technology Improvement, with Ilona Babenko, and Benjamin Bennett

    o Forthcoming at the Journal of Finance

· Corporate Pension Risk-Taking in a Low Interest Rate Environment, with Vasso Ioannidou and Roberto Pinto

    o Forthcoming at the Management Science

· Firm-Level Litigation Risk: Measurement and Effects, with Benjamin Bennett, Charles Ham, and Todd Milbourn

    o Forthcoming at the Management Science

· Paid Leave Pays off: The Effects of Paid Family Leave on Firm Performance, with Benjamin Bennett, Isil Erel, and Lea Stern, Review of Finance 30, Issue 3 (2026), 887–919. 

· The Effect of Stock Liquidity on Cash Holdings: The Repurchase Motive, with Kjell Nyborg, Journal of Financial Economics 142 (2021): 905-927.

· Does the Stock Market Make Firms More Productive?, with Benjamin Bennett and René Stulz, Journal of Financial Economics 136 (2020): 281-306.

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