X. Frank Zhang
Professor of Accounting
Faculty Directory
Professor Zhang's research focuses on empirical capital market researches, including stock anomalies, fundamental analysis, investor and analyst behavior, management incentives, and corporate financial reporting. He is interested in both rational and behavioral approaches in studying stock anomalies and cross-sectional variations in stock returns.
Expertise
Education
- PhD, University of Chicago, 2006
- MBA, University of Chicago, 2005
- BS, Nankai University, 1993
Selected Articles
GDP management to meet or beat growth targets
F. Zhang, C. Lyu, K. Wang, and X. Zhang
Journal of Accounting and Economics
Forthcoming
Does financial reporting above or below the operating income matter to firms and investors? The case of investment income in China
F. Zhang, M. Luo and S. Shao
Review of Accounting Studies
Forthcoming
Buy-side analysts and earnings conference calls
F. Zhang, M. Jung and F. Wong
Journal of Accounting Research
2018
The characteristics that provide independent information about average U.S. monthly stock return
F. Zhang, J. Green and J. Hand
Review of Financial Studies
2017
F. Zhang, S. Chen, and J. Thomas
Review of Accounting Studies
2016
Selected Working Papers
Understanding analysts’ use of macroeconomic news
F. Zhang, D. Dai and H. Ding
Information content of earnings announcements: A different perspective
F. Zhang, J. Thomas and W. Zhu
Off-exchange trading and post earnings announcement drift
F. Zhang, J. Thomas and W. Zhu
The power of firm fundamentals in explaining stock returns
F. Zhang, S. Shao and R. Stoumbos
Editorships
- Management Science Associate Editor, 2017-present
- Journal of Portfolio Management Editorial board, 2015-present
- Journal of Accounting Research Editorial board, 2012-2016
- FARS Steering Board 2015-present
- CAPANA Vice President, President-elect, President, 2014-2017
