Rui Dai

Suite 100

3819 Chestnut Street

Philadelphia, PA 19104

Hello, I am a senior research director at Wharton Research Data Services (WRDS) at the University of Pennsylvania and an adjunct research professor at the Chinese University of Hong Kong (Shenzhen).

During the summer, I teach a Ph.D.-level course on empirical asset pricing and an introductory course on financial data analysis to finance and data science majors. I do research for my professional interest, specifically in Machine Learning and Environmental, Social, and Governance topics. Occasionally, I provide faculty and doctoral students with training on research databases and tools.

I created this site to expand my teaching materials and to house Juyterlab codes. I would likely update my Google Site more often for my research papers and profile information.

selected publications

JFE

Socially responsible corporate customers

Dai, Rui, Liang, Hao, and Ng, Lilian

Journal of Financial Economics 2021

Bib

@article{dai2021socially,
  title = {Socially responsible corporate customers},
  author = {Dai, Rui and Liang, Hao and Ng, Lilian},
  journal = {Journal of Financial Economics},
  volume = {142},
  number = {2},
  pages = {598--626},
  year = {2021},
  publisher = {Elsevier},
}

RoF
Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality

Dai, Rui, Donohue, Lawrence, Drechsler, Qingyi (Freda), and Jiang, Wei

Review of Finance Mar 2022

Abs Bib

Using numeric and textual data extracted from over 50,000 finance articles in Social Science Research Network (SSRN) during 2001–19, we examine the relationship between measured qualities and a paper’s readership, eventual outlet, and impact. Conventionality (semantic similarity with existent research) helps boost readership and publication prospects. However, novelty in the forms of emerging topics and databases are associated with better publishing outcomes. Studies that do not easily map into established finance subfields or that introduce nonfinance elements face a higher hurdle. Finally, papers whose research questions span multiple fields are a hard sell, but those building on prior knowledge from multiple fields are valued.
@article{10.1093/rof/rfac018, author = {Dai, Rui and Donohue, Lawrence and Drechsler, Qingyi (Freda) and Jiang, Wei}, title = {{Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality}}, journal = {Review of Finance}, year = {2022}, month = mar, issn = {1572-3097}, doi = {10.1093/rof/rfac018}, url = {https://doi.org/10.1093/rof/rfac018}, note = {rfac018}, }