Research
RESEARCH INTERESTS
Financial Event Studies
Market Microstructure
Financial Institutions and Markets
PUBLICATIONS & RESEARCH
Zhang, Zhaohui and Khondkar Karim, The Impacts of IMF Bailouts in International Debt Crises. In: Lee, Alice C., Lee, Cheng Few (Eds.), Encyclopedia of Finance, Springer New York, NY, forthcoming.
Karim, Khondkar, Zhaohui Zhang, and Dayong Liu, 2005, An Analysis of Indirect Bankruptcy Costs on the TS-BC Hypothesis: A Note, Advances in Investment Analysis and Portfolio Management 1, pp. 235-246.
Zhang, Zhaohui and Khondkar Karim, 2004, Is Too-Big-To-Fail Policy Effective for U.S. Banks in an International Currency Crisis, Review of Pacific Basin Financial Markets and Policies 7(3), pp. 311-323. [Lead Article]
Zhang, Zhaohui, 2001, The Impact of IMF Term Loans on U.S. Bank Creditors Equity Values: An Event Study of South Korea's Case, Journal of International Financial Markets, Institutions and Money 11, pp. 363-394.
Inter-broker Trades and Return Performance on the Toronto Stock Exchange, with Nemiroff, H. and Escobar, V., under review.
Extensions of the Standardized Cross-Sectional Approach in Short-Horizon Event Studies, with Bremer, R., under review.
Weaknesses of the Indicator Variable Approach In Short-term Event Studies, with Bremer, R., under review.
Transitory Price Changes: Evidence from the Chinese Stock Markets, with Nemiroff, H., Wang, J., Karim, K., working paper, accepted by the Eastern Finance Association.
Dividend Initiation of High-Tech Firms: Good News or Bad News, with Lacina, M., work in progress.
