Jiaping Qiu, Professor of Finance, CIBC Chair in Financial Markets
DSB309, DeGroote School of Business
McMaster University
1280 Main Street West, Hamilton, Ontario, Canada, L8S 4M4
Phone: 905-525-9140, Ext.23963. Fax: 905-521-8995. Email address:qiu @ mcmaster dot ca

Working Papers

  • "Automatability and Capital Structure," with Chi Wan and Yan Wang [pdf]

  • "Wage Rigidity and Debt Financing: Evidence From Labor Contract Renewal During the Financial Crisis," with Yue Zhang [pdf]

  • "Patent-to-Market Premium," with Kevin Tseng and Chao Zhang [pdf]
  • "Credit Risk Spillovers and Cash Holdings," with Jin Lei, Chi Wan and Fan Yu [pdf]
  • "Technology and Return Predictability," with Jin Wang and Yi Zhou [pdf]
  • "Valuation Effects along the Technology Channel: Evidence from Corporate Bankrupties," with Jin Wang and Wei Wang. [pdf]
  • "Human Capital Loss in Corporate Bankrutpcy," with John Graham, Hyunseob Kim and Si Li. [pdf]
  • "CEO Pay with Perks," with Andrew Carrothers and Seungjin Han. [pdf]
  • "A Nonlinear Quantile Regression Test of the Pecking Order Model," with Brian Smith. [pdf]
  • "Technology Conglomerate, Strategic Alliances, and Corporate Innovation," 2019, with Kai Li and Jin Wang, Management Science 65, 4951-5448. [pdf]
  • "Asset Tangibility, Cash Holdings and Financial Development," 2018, with Jin Lei and Chi Wan, Journal of Corporate finance 50 (June), 223-242.[pdf]
  • "Bankruptcy and the Cost of Organized Labor: Evidence from Union Elections,"2018, with Murillo Campello, Janet Gao and Yue Zhang, Review of Financial Studies 31 (3), 980-1013. [pdf]
  • "CEO Incentives, Relationship Lending and the Cost of Corporate Borrowing," 2017, with Liqiang Chen, Financial Management 46(3), 627-654. [pdf]

  • "Annual Report Readability, Tone Ambiguity, and the Cost of Borrowing," 2017, with Mine Ertugrul, Jin Lei and Chi Wan. Journal of Financial and Quantitative Analysis 52 (2) 811-836. [pdf]
  • "Credit Derivatives and Analyst Behavior," 2016, with George Batta and Fan Yu, Accounting Review 91(5), 1315-1343. [pdf]
  • "Precautionary Savings and Health Insurance: A Portfolio Choice Perspective." 2016, Frontier of Economics in China 11 (2) 232-264. [pdf]
  • "Loan Collateral,Corporate Investment and Business Cycle," 2015, with Varouj Aivazian, Xinhua Gu and Bihong Huang, Journal of Banking and Finance 55 (C), 380-392. [pdf]
  • "Technology Spillovers and Corporate Cash Holdings," 2015, with Chi Wan, Journal of Financial Economics 115(3), 558-573. [pdf]
  • "Bank Loan Contracting and Corporate Diversification: Does Organizational Structure Matter to Lenders? " 2015, with Varouj Aivazian, Mohammad Rahaman, Journal of Financial Intermediation (April), 252-282 . [pdf]
  • "Financial Product Differentiation Over the State Space in the Mutual Fund Industry," 2014, with Shujing Li, Management Science 60(2), 508-520. [pdf]
  • "Endogenous Liquidity in Credit Derivatives," 2012, with Fan Yu, Journal of Financial Economics 103(3), 611-631. [pdf]
  • "Managerial Attributes and Executive Compensation," 2012, with John Graham and Si Li, Review of Financial Studies 25(1), 144–186 [pdf]
  • "Corporate Globalization and Bank Lending," 2011, with Shujing Li and Chi Wan, Journal of International Business Studies 42, 1016-1042. [pdf]
  • "The Market for Coporate Control and the Cost of Debt," 2009, with Fan Yu, Journal of Financial Economics 93(3), 505-524 .[pdf]
  • "Public Insurance and Private Savings: Who is Affected and by How Much?" 2009, with Alex Maynard, Journal of Applied Econometrics, March 282-308. [pdf][data and codes]
  • "Corporate Misreporting and Bank Loan Contracting," 2008, with John Graham and Si Li, Journal of Financial Economics, 88(3), 44-61. [pdf]
  • "Financial Development, Bank Discrimination and Trade Credit," 2007, with Ying Ge, Journal of Banking and Finance, 513-530. [pdf]
  • "Corporate Precautionary Cash Holdings," 2007, with Seungjin Han, Journal of Corporate Finance. 43-57.[pdf]
  • "A Further Look at Household Portfolio Choice and Health Status," 2006, with Michael Berkowitz, Journal of Banking and Finance, 1201-1217. [pdf]
  • "Debt Maturity Structure and Firm Investment", 2005, with Varouj Aivazian and Ying Ge, Financial Management (Winter), 107-119.[pdf]
  • "Can Corporatization Improve the Performance of SOEs Even Without Privatization?" 2005, with Varouj Aivazian and Ying Ge, Journal of Corporate Finance, 791-808. [pdf]
  • "Corporate Governance and Manager Turnover: An Unusual Social Experiment," 2005, with V. Aivazian and Y. Ge, Journal of Banking and Finance, 1459-1481.[pdf]
  • "The Impact of Leverage on Firm Investment: Canadian Evidence," 2005, with Varouj Aivazian and Ying Ge, Journal of Corporate Finance, 277-291. [pdf]
  • "Termination Risk, Multiple Managers and Mutual Fund Tournaments," 2003, Review of Finance, 161-190. [pdf]