Research
Magazine
Nguyen, V.H. and Zhao, L. (2025, February). Single-Stock ETFs: High-Risk Bet or Strategic Investment Tool? Central California Business Review
Publication
Jain, P.K., Mishra, S., O'Donoghue, S. and Zhao, L., 2024. Trading Volume Shares and Market Quality: Pre-and Post-Zero Commissions. Journal of Empirical Finance. 79:101564. doi: https://doi.org/10.1016/j.jempfin.2024.101564.
Zhao, L., Nguyen, V.H. and Li, C., 2024. The Volatility-Liquidity Dynamics of Single-Stock ETFs. Finance Research Letters, p.106163. https://doi.org/10.1016/j.frl.2024.106163
Zhao, L., Vafai, N., Velazquez, M. and Amin, A., 2024. "Follow the Leader: How Culture Gives Rise to a Behavioral Bias That Leads to Higher Greenhouse Gas Emissions." Journal of Risk and Financial Management, 17(6), p.245. https://doi.org/10.3390/jrfm17060245
Zhao, L. and Parhizgari, A.M., 2024. "Climate change, technological innovation, and firm performance." International Review of Economics & Finance. https://doi.org/10.1016/j.iref.2024.04.025
Diala, Lucy U., Le Zhao, Fernando Parra, and Lizhu Davis. 2023. “Does the HyFlex Learning Environment Affect Student Likelihood to Whistle-Blow on Academic Dishonesty?”. Journal of Leadership, Accountability and Ethics 2023 (20). https://doi.org/10.33423/jlae.v2023i20.6519.
Talukdar, Bakhtear, Rafiqul Bhuyan, Shahid S. Hamid, and Le Zhao. 2022. "Intraday Transactions, Volume and Volatility in Pre-and Post-Decimalization Regimes." Quarterly Journal of Finance and Accounting 60, no. 3/4: 101-146. https://www.jstor.org/stable/27224941
Mishra, Suchismita, and Le Zhao. 2021. "Order Routing Decisions for a Fragmented Market: A Review" Journal of Risk and Financial Management 14, no. 11: 556. https://doi.org/10.3390/jrfm14110556
Working Papers
Trading Real Estate Investment Trusts in the Dark with Vinh Huy Nguyen, Suchismita Mishra, and William Hardin
Presentations
2025 Eastern Finance Association Annual Meeting
2025 The Western Decision Sciences Institute Annual Conference
2024 Financial Management Association Annual Meeting
Macro Sentiment Risk and Hedge Fund Returns. with Mustafa O. Caglayan, Mehmet I. Canayaz, and Timothy Simin
SSRN link
Presentations
2024 Eastern Finance Association Annual Meeting
2022 Financial Management Association Annual Meeting
Market Fragmentation and Manipulation. with Suchismita Mishra and Douglas Cumming
2024 WDSI Best Paper Award in the Empirical
Presentations
2024 Academy of Financial Research, Zhejiang University, China
2024 Eastern Finance Association
2024 Southwestern Finance Association
2024 The Western Decision Sciences Institute Annual Conference
Trading Venue Preference: Critical Role of Institutional Ownership. with Suchismita Mishra and Vinh Huy Nguyen
2022 WDSI Best Graduate Student Paper
Presentations
2022 Financial Management Association Annual Meeting
2022 The Western Decision Sciences Institute Annual Conference
2021 The workshop in Stockholm Business School Summer School in Market Microstructure
Language, Uncertainty, and Foreign Direct Investment . with Xiaomeng Lu, Marcos Velasquez, and Ali Parhizgari
2021 SWFA Best Doctoral Paper Award in Investments
Presentations
2021 World Finance Conference
2021 Academy of International Business
2021 Global Finance Association
2021 Eastern Finance Association
2021 Southwestern Finance Association
2021 Academy of Economics and Finance
2020 Business Doctoral Student Association at FIU