Carol Wang

TL;DR: Wang et al. as discussed by the authors extended the well documented Dogs of the Dow (Dow Dogs) strategy to China's A share stock market and found that Dow Dogs portfolios significantly outperform the market benchmark for the period of 1994 to 2009 in China's markets.

TL;DR: Wang et al. as mentioned in this paper examined the relation between board governance structure and performance of Chinese banks for the period of 1998-2007 and found that boards with stronger governance structure produce superior financial performance in Chinese banks.

TL;DR: The authors examined whether aggregate equity issues predict market returns in the U.S. market and found that the predictive power is related to the level of information asymmetry in a country due to cross country differences in legal protections and accounting disclosure standards.

TL;DR: In this paper, the authors use changes in managerial ownership as an argument to evaluate changes in firm value and hypothesize that changes in manager ownership affect firm's operating efficiency, which in turn drives firm value.