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(236)
- News (27)
- Research (178)
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- Faculty Publications (126)
Show Results For
- All HBS Web
(236)
- News (27)
- Research (178)
- Multimedia (1)
- Faculty Publications (126)
- 2021
- Working Paper
Going by the Book: Valuation Ratios and Stock Returns
By: Ki-Soon Choi, Eric So and Charles C.Y. Wang
We study the use of firms’ book-to-market ratios (B/M) in value investing and its implications for comovements in firms’ stock returns and trading volumes. We show B/M has become increasingly detached from common alternative valuation ratios over time while also... View Details
Choi, Ki-Soon, Eric So, and Charles C.Y. Wang. "Going by the Book: Valuation Ratios and Stock Returns." Harvard Business School Working Paper, No. 21-126, May 2021.
- 15 Oct 2014
- News
Changing times at Cooper
- Teaching
Overview
Charles C.Y. Wang is an associate professor of business administration in the Accounting and Management Unit and currently teaches the Business Analysis and Valuation course in the MBA elective curriculum.
This course is aimed at all MBAs who expect at some point in... View Details
- 19 Nov 2021
- News
Companies Love to Buy Back Their Stock. A Tax Could Deter Them.
- June 2021 (Revised November 2021)
- Case
Asian Corporate Governance Association: Stemming a 'Race to the Bottom' by Stock Exchanges?
By: Charles C.Y. Wang and Billy Chan
This case describes the movement towards dual-class listings on Asian stock exchanges and the efforts of the Asian Corporate Governance Association (ACGA), a not-for-profit shareholder advocacy group, to discourage this trend. As a not-for-profit organization with no... View Details
Keywords: Corporate Governance; Governance Controls; Nonprofit Organizations; Stocks; Financial Markets; Financial Services Industry; Hong Kong; China; Asia
Wang, Charles C.Y., and Billy Chan. "Asian Corporate Governance Association: Stemming a 'Race to the Bottom' by Stock Exchanges?" Harvard Business School Case 121-073, June 2021. (Revised November 2021.)
- March 2022
- Teaching Note
Asian Corporate Governance Association: Stemming a 'Race to the Bottom' by Stock Exchanges? (TN)
- 09 Nov 2017
- News
How to Make Money on Japanese Stocks
- 19 Mar 2018
- News
Giving stock away to staff doesn't absolve share buybacks
- 15 Aug 2018
- News
Elizabeth Warren has a plan to save capitalism
- 26 Nov 2014
- News
Turkcell’s Story Becomes a Harvard Business School Case Study
- 06 Mar 2018
- First Look
First Look at Research and Ideas, March 6, 2018
Approach By: Chattopadhyay, Akash, Matthew R. Lyle, and Charles C.Y. Wang Abstract—Expected return proxies (ERP) derived from a log-linear present-value (LPV)... View Details
Keywords: Sean Silverthorne
- 24 Jan 2017
- First Look
First Look at New Research: January 24, 2017
long-run growth dynamics. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=52130 Short-Termism and Shareholder Payouts: Getting Corporate Capital Flows Right By: Fried, Jesse M., and Charles View Details
Keywords: Sean Silverthorne
- 31 Jul 2018
- News
Are Stock Buybacks Starving the Economy?
- September 2017
- Article
Reexamining Staggered Boards and Shareholder Value
By: Charles C.Y. Wang and Alma Cohen
Cohen and Wang (2013) (CW2013) provide evidence consistent with market participants perceiving staggered boards to be value reducing. Amihud and Stoyanov (2016) (AS2016) contests these findings, reporting some specifications under which the results are not... View Details
Keywords: Staggered Boards; Takeover Defense; Antitakeover Provision; Firm Value; Delaware; Airgas; Governing and Advisory Boards; Corporate Governance; Value
Wang, Charles C.Y., and Alma Cohen. "Reexamining Staggered Boards and Shareholder Value." Journal of Financial Economics 125, no. 3 (September 2017): 637–647.
- 03 Oct 2017
- First Look
First Look at Research and Ideas, October 3, 2017
Charles C.Y. Wang Abstract—Relative TSR (rTSR) is increasingly used by market participants to judge and incentivize managerial performance. We... View Details
Keywords: by Sean Silverthorne
- Research Summary
Overview
In the area of equity valuation, Professor Wang explores how firm fundamentals and valuation models can be used to understand expected return variation, with a focus on valuation-implied cost of capital and its use as a proxy for expected returns. In his study of... View Details
- 22 Mar 2016
- First Look
March 22, 2016
Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=50237 Economic Uncertainty and Earnings Management By: Stein, Luke C.D., and Charles C.Y. Wang... View Details
Keywords: Sean Silverthorne