Research

Publications

Managerial Accountants and Investment Efficiency. with Michael Iselin (Minnesota) and Youli Zou (Connecticut). The Accounting Review, Forthcoming.
Regulatory Leniency and the Cost of Deposits. with Michael Iselin (Minnesota), Allison Nicoletti (Pennsylvania), and Helen Zhang (Minnesota). Review of Accounting Studies, 2025, 30: 3641–3676.
The Regulatory Spillover Effects of Classifying Municipal Bonds as High-Quality Liquid Assets. The Accounting Review, 2025, 100(4): 385–415. Media mentions: Bond Buyer, Bond Buyer, & Brookings Institution.
Protecting Wall Street or Main Street: SEC Monitoring and Enforcement of Retail-Owned Firms. with Michael Iselin (Minnesota), Bret Johnson (George Mason), and Jacob Raleigh (Monash). Review of Accounting Studies, 2024, 29: 1235–1275.

Decarbonization without Divestment: Evidence from Intra-Group Loan Reallocation. with Yinan Li (LSE) and Aneesh Raghunandan (Yale).
Level 3 Fair Value Accounting and Systemic Risk. with Scott Liao (Toronto), Ethan Yao (Minnesota), and Helen Zhang (Minnesota).
Climate Risk Transfer of Mortgage Loans to Government-Sponsored Enterprises: An Unintended Consequence of CECL. with Scott Liao (Toronto) and Helen Zhang (Minnesota).