Research areas

Corporate finance

Biography

Dr. Zhang is an Associate Professor of Finance with the College of Business and Economics. He teaches undergraduate and postgraduate courses in corporate finance, as well as PhD research courses in empirical methodology. Dr. Zhang does research in the field of corporate finance, in particular mergers and acquisitions, governance, and issues related to the emerging markets. His work has been published in leading peer-reviewed journals such as Review of Financial Studies, Journal of Financial Intermediation, Financial Management, and Journal of Banking and Finance. He has won many awards for his research, including the Pearson Prize for the Best Paper published in Financial Management. 

Before joining ANU, he had taught at University of New South Wales. He received his PhD in Finance from Nanyang Technological University.

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Publications

“Regulator Supervisory Power and Bank Loan Contracting,” (with Zhongda He, Guannan Qiao, and Wenrui Zhang), Journal of Banking and Finance, 2021, 106062.

“Monitoring the Monitor: Distracted Institutional Investors and Board Governance,” (with Claire Liu, Angie Low and Ronald Masulis), Review of Financial Studies, 2020, 33, 4489-4531.

“Do Outside Directors with Government Experience Create Value?” (with Jun-Koo Kang), Financial Management, 2018, 47, 209-251. (lead article)

“Who Captures the Power of the Pen?” (with Jiaxing You and Bohui Zhang), Review of Financial Studies, 2018, 31, 43-96.

“Friendly Boards and Innovation,” (with Jun-Koo Kang, Wei-Lin Liu, and Angie Low), Journal of Empirical Finance, 2018, 45, 1-25. (lead article)

“CEOs’ Early-life Experiences and Corporate Policy: Evidence from China’s Great Famine,” Pacific Basin Finance Journal, 2017, 46, 57-77.

“Monitoring Role of Customer Firms in Suppliers and its Effect on Supplier Value: Evidence from Block Acquisitions of Suppliers by Customer,” (with Jun-Koo Kang, Wei-Lin Liu, and Sangho Yi), Journal of Financial Intermediation, 2015, 24(4), 537-563.

Teaching

Corporate Finance