
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
Dark trading and post earnings announcement drift
The power of firm fundamentals in explaining stock returns
GDP management to meet or beat growth targets
Does financial reporting above or below the operating income matter to firms and investors? The case of investment income in China
Buy-side analysts and earnings conference calls
Working Papers
Understanding analysts’ use of macroeconomic news
Consensus analyst target prices: Information content and implications for investors
The death of stock splits: an increase in the costs to split
Measuring the information content of accounting disclosures
Earnings management via not-wholly-owned subsidiaries
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