Ji-Chai Lin

Hong Kong PolyU

Chair Professor of Finance

M715, Li Ka Shing Tower

Hung Hom, Kowloon

China

SCHOLARLY PAPERS

28

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SSRN CITATIONS
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Top 34,596

in Total Papers Citations

9

CROSSREF CITATIONS

14

Scholarly Papers (28)

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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 397 (102,529)
Citation 9

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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 379 (108,134)
Citation 1

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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 319 (130,498)
Citation 3

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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 299 (139,757)

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Stock Splits, Liquidity, Trading Speed, Trading Costs

5.

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
Te-Feng Chen, Tarun Chordia, San-Lin Chung and Ji-Chai Lin
Hong Kong Polytechnic University, Emory University - Department of Finance, National Taiwan University - Department of Finance and Hong Kong PolyU
Downloads 246 (170,127)

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

6.

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 241 (173,517)

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

7.

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 (CityU) - Department of Accountancy and Hong Kong PolyU
Downloads 228 (182,987)

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Terrorist attacks; Emotion; Inventor productivity

8.

Information, Sophistication, and Foreign Versus Domestic Investors' Performance

Number of pages: 42 Posted: 22 Mar 2007 Last Revised: 18 Oct 2011
Li-Wen Chen, Shane A. Johnson, Ji-Chai Lin and Yu-Jane Liu
University of Mississippi, Texas A&M University - Department of Finance, Hong Kong PolyU and National Chengchi University (NCCU) - Department of Finance and Banking
Downloads 200 (206,774)
Citation 3

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

9.

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 197 (209,594)
Citation 2

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Economic Policy Uncertainty; Lobbying Decision; Lobbying Entry Barriers

10.

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 186 (220,559)

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Share price, innovation, institutional ownership, short-termism

11.

What Percentage of Common Stocks are Mispriced?

Number of pages: 36 Posted: 10 Jul 2001
Kevin C.H. Chiang, Ji-Chai Lin and R. Kelley Pace
University of Alaska Fairbanks - School of Management (SOM), Hong Kong PolyU and Louisiana State University - E.J. Ourso College of Business Administration
Downloads 184 (222,616)

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12.

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 (239,329)

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strong form efficiency, private information, speed of adjustment

13.

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 162 (247,950)

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

14.

Behavioral Bias, Distorted Stock Prices, and Stock Splits

Number of pages: 62 Posted: 05 Mar 2020 Last Revised: 17 Sep 2021
Fengfei Li, Ji-Chai Lin, Tse-Chun Lin and Longfei Shang
Deakin University - Deakin Business School, Hong Kong PolyU, The University of Hong Kong - Faculty of Business and Economics and Hong Kong Polytechnic University
Downloads 134 (288,607)

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

15.

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 (CityU) - Department of Accountancy and Hong Kong PolyU
Downloads 133 (290,095)

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Air pollution; Inventor productivity; Innovation strategy

16.

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 127 (300,487)
Citation 3

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

17.

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 (300,487)
Citation 2

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18.

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

Number of pages: 62 Posted: 16 Feb 2018
Ji-Chai Lin, Kenneth John Reichelt and Ping-Wen Sun
Hong Kong PolyU, Louisiana State University, Baton Rouge - Department of Accounting and Minjiang University - Newhuadu Business School
Downloads 106 (341,378)

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

19.

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 102 (350,156)

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arbitrage costs, price delays, convertible preferred

20.

Stimulating Innovation or Managing Numbers?

Number of pages: 47 Posted: 05 Oct 2021
Po-Hsuan Hsu, Ji-Chai Lin and Junbiao YU
National Tsing Hua University - Department of Quantitative Finance, Hong Kong PolyU and Hong Kong Polytechnic University - Faculty of Business
Downloads 59 (477,179)

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Government intervention; patents; R&D; Five-Year Plan; policy target; subsidy

21.

What Are Benefits of Attracting Gambling Investors? Evidence from Stock Splits in China

Number of pages: 52 Posted: 14 Sep 2021
Conghui Hu, Ji-Chai Lin and Yu-Jane Liu
Beijing Normal University, Business School, Hong Kong PolyU and Peking University - Guanghua School of Management
Downloads 42 (550,643)

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Gambling Preference, Stock Splits, Risk Sharing, Cost of Equity

22.

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 30 (616,009)

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price delay, business cycle, flight-to-quality

23.

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 25 (648,790)

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

24.

Underwriting Fees and Shareholder Rights

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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

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Shareholder Rights, Analyst Coverage, SEOs, Gross Spreads

25.

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

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Dividend policy, Signaling, Closed-funds, Compensation

26.

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

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27.

Trade Size and Components of the Bid-Ask Spread

REVIEW OF FINANCIAL STUDIES, Vol. 8 No. 4
Posted: 09 Jul 1998
Ji-Chai Lin, G. Geoffrey Booth and Gary C. Sanger
Hong Kong PolyU, Michigan State University and Louisiana State University, Baton Rouge - E.J. Ourso College of Business Administration

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28.

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

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