Directory

ACADEMIC AND PROFESSIONAL EXPERIENCE

• Professor, The Hong Kong University of Science and Technology (HKUST), 07/2021 - present
• Associate Professor, The Hong Kong University of Science and Technology (HKUST)
  07/2014 - 06/2021
• Assistant Professor, The Hong Kong University of Science and Technology (HKUST), 07/2009 - 06/2014
• Consultant, GSA Capital Partners LLP, 10/2012 - present
• Senior Advisor of Quantitative Investment, Bosera Asset Management Co Ltd, 08/2009 - 11/2012
• Quantitative Equity Researcher, Barclays Global Investors, 06/2007 - 07/2009

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PUBLICATIONS

• "Understanding the Determinants of Analyst Target Price Implied Returns."  The Accounting Review, V. 95 (6), 30 June 2020, p. 125-149 (with Patricia Dechow)
• "What is the value of sell-side analysts? Evidence from coverage initiations and terminations." Journal of Accounting and Economics, V 60, Issue 2-3, Nov-Dec 2015, pp 141-160. (with Kevin K Li)
  
• "Wealth Transfers via Equity Transactions." Journal of Financial Economics. (2015) 118(1): 93-112.  (with Richard Sloan.)
• "Valuation-driven Profit Transfer among Corporate Segments." Review of Accounting Studies, (2014) 19(2): 805-838.
• "Analysts' Motives for Rounding EPS Forecasts." The Accounting Review. (2012) 87(6): 1939-1966. (with Patricia Dechow.)
• "Mandatory IFRS Adoption and the Contractual Usefulness of Accounting Information in Executive Compensation." Journal of Accounting Research (2012) 50(4): 1077-1107. (with Neslihan Ozkan and Zvi Singer.)
• "What Drives Stock Prices Move? Fundamentals vs. Investor Recognition.". Financial Analyst Journal (2012) 68 (2): 30-50. (with Scott Richardson and Richard Sloan.)
• "A Study of Firms Surrounding the Threshold of Sarbanes-Oxley Section 404 Compliance." Advances in Accounting (2012) 28 (1): 96-110. (with Maria Nondorf and Zvi Singer.)
• "The Effect of Section 404 of the Sarbanes-Oxley Act on Earnings Quality." Journal of Accounting, Auditing and Finance. July 2011 Vol. 26, 3: 556-589. (with Zvi Singer.)
• "The Federal Deposit Insurance Corporation Improvement Act, Bank Internal Controls and Financial Reporting Quality." Journal of Accounting and Economics (2010) 49 Vol. 1-2: 75-83.(with Ryan LaFond).
• "Financial Information Complexity and Investor Underreaction to 10 - K Information." Review of Accounting Studies (2009) 14: 559-586. (with Xiao-Jun Zhang.)

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HONORS AND AWARDS

• Best Research Paper Award, AAA Western Regional Meeting, April 2007
• Forbes Doctoral Fellowship, UC Berkeley, 2005-2006
• Maurice Moonitz Doctoral Fellowship, UC Berkeley, 2003-2006
• University Fellowship, Ohio State University, 2001-2002

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PROFESSIONAL MEMBERSHIPS

• Member of American Accounting Association
• Member of CFA Institute