Huai Zhang （张怀）

B.A. Peking University, Ph.D. Columbia University

Professor of Accounting

Nanyang Business School

Nanyang Technological University

Singapore 639798

Email: huaizhang@ntu.edu.sg

Tel: +65-6790-4097

Dr Huai Zhang received his B.A. from Peking University and Ph.D. from Columbia University. He has published 13 papers in the following Financial Times Top-50 journals: Journal of Accounting and Economics, Journal of Accounting Research, Journal of Finance_, Management Science_, Contemporary Accounting Research, and Review of Accounting Studies. He is devoted to mentoring young talent, and the majority of his publications are coauthored with his doctoral students. He received the Best Paper Award at the 2004 International Finance Conference and the 2016 Midwest Finance Association Meeting. He was also the recipient of Nanyang Business School Research Excellence Award in 2011, 2013 and 2019. He is the former President of CAPANA (Chinese Accounting Professors' Association of North America), and the keynote speaker at several accounting research conferences. He is an editor of Accounting Horizons and the International Journal of Accounting, an associate editor of Journal of Contemporary Accounting and Economics, and editorial board member of several academic journals, including Contemporary Accounting Research, Journal of Accounting and Public Policy, Journal of Business Finance & Accounting, China Accounting and Finance Review, and Review of Accounting and Finance.

Published Papers (* denotes current or former Ph.D. students under my supervision)

24. “Mutual funds' capital gains lock-in and earnings management”

(with S. Dimmock and Fan Feng*, Journal of Corporate Finance, Vol 80, 2023, 102422)

23. “Political Corruption and Accounting Choices”

(with Jin Zhang*, Journal of Business Finance and Accounting, Vol 50, Issue 3-4, 443-481, 2023)

22.“ Styles of regulators: Evidence from the SEC’s comment letters”

(with Truc Thuc Do*, Contemporary Accounting Research, Vol 39, Issue 2, Summer 2022, 789-825)

21.“ Rocking the Boat:  How Relative Performance Evaluation Affects Corporate Risk Taking”

(with Truc Thuc Do* and Luo Zuo, Journal of Accounting and Economics, Vol 73, Issue 1, February 2022, 101425)

20. “The devil is in the detail? Investors’ mispricing of proxy voting outcomes on M&A deals”

(with Lingwei Li*, Journal of Business Finance & Accounting, Vol 48, Issue 3-4, 692-717, 2021)

19.“Peer effects among financial analysts”

(with Truc Thuc Do*, Contemporary Accounting Research, Vol. 37, Issue 1, 358-391, 2020)

18. “Analyst Following and Forecast Accuracy After Eliminating the 20-F Reconciliation Between IFRS and U.S. GAAP”

(with Wen Li*, Journal of Accounting, Auditing & Finance, Vol 37, Issue 4, 2020)

17.“Financial reporting frequency and corporate innovation”

(with Renhui Fu*, Xuan Tian, and Luo Zuo, Journal of Law and Economics, Vol 63, Issue 3, 2020)

16.“The Disincentive Effect of Stars: Evidence from Analyst Coverage”

(with Luo Jiang, and Huifang Yin*, Journal of Accounting, Auditing and Finance Vol. 35, Issue 4, 803-828, 2020)

15.“Do managers choose the proxy material delivery method strategically?”

(with Yanhui Jiang, Huifang Yin*, and Cai Yu, Journal of Accounting, Auditing and Finance, Vol, 35, Issue 2. 379-405, 2020)

14.“Facial Structure and Achievement Drive: Evidence from Financial Analysts”

(with Xianjie He, Huifang Yin*, Yachang Zeng and Hailong Zhao, Journal of Accounting Research, Vol. 57, Issue 4, 1013-1057, 2019)

13.“Litigation Risk and Corporate Voluntary Disclosure: Evidence from Two Quasi-Natural Experiments”

(with Hui Dong, European Accounting Review, Vol 28, Issue 5, 873-900, 2019)

12.“Employee Turnover Likelihood and Earnings Management: Evidence from the Inevitable Disclosure Doctrine”

  (with Huasheng Gao and Jin Zhang*, Review of Accounting Studies, Vol. 23, Issue 4, 1424-1470, 2018)

11.“Superstition and Financial Decision Making”

(with David Hirshleifer and Ming Jian, Management Science, Vol. 64, Issue 1, 235-252, 2018)

10.“Tournaments of Financial Analysts”

(with Huifang Yin*, Review of Accounting Studies, Vol.19, Issue 2, 573-605, 2014)

9.“Analyst Cash Flow Forecasts and Pricing of Accruals”

(with Linna Shi* and Jun Guo, Advances in Accounting, Vol. 30, Issue 1, 95-105, 2014)

8.“Financial Reporting Frequency, Information Asymmetry, and the Cost of Equity”

(with Arthur Kraft and Renhui Fu*, Journal of Accounting and Economics, Vol. 54, 132–149, 2012)

7.“Can the Earnings Fixation Hypothesis Explain the Accrual Anomaly?”

(with Linna Shi*, Review of Accounting Studies, Vol. 17, Issue 1, 1-21, 2012, Lead article)

6.“The Valuation Impact of Reconciling Pro Forma Earnings to GAAP Earnings”

(with Liu Zheng, Journal of Accounting and Economics, Vol. 51, Issues 1-2, 186-202, 2011)

5.“On Alternative Measures of Accruals”

(with Linna Shi*, Accounting Horizons, Vol. 25, No. 4, pp. 811-836, December 2011)

4.“Analysts' Selective Coverage and Subsequent Performance of Newly Public Firms”

(with Somnath Das and Rejin Guo, Journal of Finance, Vol. 61, No. 3, 1159 –1185. 2006)

3.“Rounding-up in Reported EPS, Behavioral Thresholds and Earnings Management”

(with Somnath Das, Journal of Accounting and Economics, Vol. 35, No. 1, 31-50, 2003)

2.“Inventory Changes and Future Returns”

(with Jacob Thomas, Review of Accounting Studies, 7, 163-187, 2002)

1.“Consensus Analysts’ Forecasts and Current Price Level”

(Review of Accounting and Finance, 1, 39-56, 2002)