1. Charles Cao is Smeal Chair Professor of Finance at Smeal College of Business,
Pennsylvania State University, University Park, Pennsylvania.
2. Yong Chen is associate professor of finance at Mays Business School, Texas
A&M University, College Station, Texas.
3. William N. Goetzmann is Edwin J. Beinecke Professor of Finance and Management
Studies and director of the International Center for Finance at Yale School of Management, New
Haven, Connecticut.
4. Bing Liang is Charles P. McQuaid Endowed Professor of finance at Isenberg
School of Management, University of Massachusetts Amherst, Amherst, Massachusetts.