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Journal Article Who Captures the Power of the Pen? Get access Jiaxing You, Jiaxing You School of Management, Xiamen University Search for other works by this author on: Oxford Academic Google Scholar Bohui Zhang, Bohui Zhang UNSW Business School, UNSW Australia and Shenzhen Finance Institute, School of Management and Economics, The Chinese University of Hong Kong, Shenzhen Send correspondence to Bohui Zhang, the School of Banking and Finance, UNSW Business School, UNSW Australia, Sydney, NSW 2052, Australia, or Shenzhen Finance Institute, School of Management and Economics, The Chinese University of Hong Kong, Shenzhen, 518172, China; telephone: 61-2-93855834; E-mail: bohui.zhang@unsw.edu.au or bohuizhang@cuhk.edu.cn. Search for other works by this author on: Oxford Academic Google Scholar Le Zhang Le Zhang UNSW Business School, UNSW Australia Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 31, Issue 1, January 2018, Pages 43–96, https://doi.org/10.1093/rfs/hhx055 Published: 04 July 2017