The first paper ("Does Executive Compensation Duration Generate Different Risk Incentives? Evidence on Corporate Hedging") investigates whether and how corporate hedging policy is affected by compensation duration. I find a positive and significan...
In the first chapter titled "CEOs’ Capital Gains Tax Liabilities and Accounting Conservatism", I study whether CEOs’ tax liability affect conservative accounting policy. Recent studies show that the tax-induced lock-in effect discourages CEOs’ to ...
In this study, I examine the Fannie Mae (FNMA) single-family mortgage loan modification process over the period from 1999 to 2021. Loan modification rates are higher during the period leading up to the bust periods, while first-time home buyers ha...