PUBLICATIONS

 

“Do Tender Offers Create Value? New Methods and Evidence,” Sanjai Bhagat, Ming Dong, David Hirshleifer, and Robert Noah. Journal of Financial Economics, 76 (2005), 3-60. [Lead Article]

Featured in The Economist, 2/21/2004, “When Battles Commence: Hostile bids are back again.  Who should rejoice?”; Best Corporate Finance Paper Award from Northern Finance Association conference, 2002.

 

“Option Pricing with a Non-Zero Lower Bound on Stock Price,” Ming Dong. Journal of Futures Markets, 25 (2005), 775-794.

 

“A Generalized Earnings-Based Stock Valuation Model,” Ming Dong and David Hirshleifer. The Manchester School Money, Macroeconomics and Finance Supplement, 73 (2005), 1-31.  [Lead Article]

 

“Why Individual Investors Want Dividends,” Ming Dong, Chris Robinson and Chris Veld. Journal of Corporate Finance, 12 (2005), 121-158.

Reprinted in The ICFAI Journal of Behavioral Finance, June 2006, Vol. III, No. 2, 27-62.

American College Paper Award from Academy of Financial Services conference, Denver, 2003.

 

Does Investor Misvaluation Drive the Takeover Market?” Ming Dong, David Hirshleifer, Siew Hong Teoh, and Scott Richardson. Journal of Finance, 61 (2006), 725-762.

Featured in The Economist, 8/2/2003, “The price is wrong” 

 

“Why Individual and Professional Investors Want Dividends”, Ming Dong, Chris Robinson and Chris Veld, in The Blackwell Companion to Dividends and Dividend Policy, The Robert W. Kolb Series in Finance, H. Kent Baker, Editor (2009), 405-420.

 

“Mergers and Acquisitions”, in Behavioral Finance: Investors, Corporations, and Markets, H. Kent Baker and John R. Nofsinger, Editors; Wiley/Blackwell, Publisher (2010), 491-509.

 

“Underwriter Quality and Long-Run IPO Performance,” Ming Dong, Jean-Sébastien Michel, and J. Ari Pandes. Financial Management (2011), 219-251.

 

“What Drives Security Issuance Decisions: Market Timing, Pecking Order, or Both?” Ming Dong, Igor Loncarski, Jenke ter Horst, and Chris Veld. Conditionally Accepted, Financial Management.

 

 

WORKING PAPERS

 “Do Industry Growth Prospects Drive IPO Stock Performance?” Ming Dong and Jean-Sebastien Michel.

 Best Ph.D. Paper Award from Midwest Finance Association, Chicago, 2008.

“Overvalued Equity and Financing Decisions,” Ming Dong, David Hirshleifer, and Siew Hong Teoh.

 

“Why Do Firms Issue Convertible Bonds? Evidence from the Field,” Ming Dong, Marie Dutordoir, and Chris Veld.

 “Momentum, Book-to-Market Equity and the 2003 Dividend Tax Cut,” Ming Dong and Al Goss.

 

 “The Theory and Practice of Corporate Finance in China”, Ming Dong, Li Li, and Yinfeng Qi.

 

“Stock Valuation and Investment Strategies,” Ming Dong and Zhiwu Chen.

 

 

WORK IN PROGRESS

 Misvaluation, R&D expenditures, and stock returns,” Ming Dong, David Hirshleifer, and Siew Hong Teoh.

Misvaluation and Takeovers: Evidence from Long-Run Stock Returns,” Ming Dong, David Hirshleifer, Scott Richardson, and Siew Hong Teoh.

“Stock Market Misvaluation and Merger Booms,” Ming Dong, David Hirshleifer, Scott Richardson, and Siew Hong Teoh.