Wuyang Zhao

University of Texas at Austin - Department of Accounting

Assistant Professor

Austin, TX 78712

United States

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 11,072

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Top 11,072

in Total Papers Downloads

5,371

SSRN CITATIONS
Rank 23,880

SSRN RANKINGS

Top 23,880

in Total Papers Citations

28

CROSSREF CITATIONS

13

Scholarly Papers (12)

1.

Activist Short-Selling and Corporate Opacity

Number of pages: 52 Posted: 19 Oct 2016 Last Revised: 26 May 2020
Wuyang Zhao
University of Texas at Austin - Department of Accounting
Downloads 2,134 (8,565)
Citation 2

Abstract:

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Activist Short-Selling, Corporate Opacity, Information, Manipulation, Short-Interest, Price Reversals

Blockholder Exit Threats in the Presence of Private Benefits of Control

Review of Accounting Studies, Forthcoming, Rotman School of Management Working Paper No. 2572724, HEC Paris Research Paper No. ACC-2016-1180
Number of pages: 50 Posted: 04 Mar 2015 Last Revised: 05 Dec 2016
Ole-Kristian Hope, Han Wu and Wuyang Zhao
University of Toronto - Rotman School of Management, HEC Paris and University of Texas at Austin - Department of Accounting
Downloads 487 (71,279)
Citation 1

Abstract:

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Exit-Threat Theory, Private Benefits of Control, Liquidity, China, Split-Share Structure Reform, Operating Performance, Quasi-Experiment

Blockholder Exit Threats in the Presence of Private Benefits of Control

Review of Accounting Studies, Forthcoming, Rotman School of Management Working Paper No. 2884812, HEC Paris Research Paper No. ACC-2016-1180
Number of pages: 50 Posted: 14 Dec 2016 Last Revised: 14 Apr 2017
Ole-Kristian Hope, Han Wu and Wuyang Zhao
University of Toronto - Rotman School of Management, HEC Paris and University of Texas at Austin - Department of Accounting
Downloads 148 (242,527)
Citation 3

Abstract:

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Exit-Threat Theory, Private Benefits of Control, Liquidity, China, Split-Share Structure Reform, Operating Performance, Quasi-Experiment

3.

Third-Party Consequences of Short-Selling Threats: The Case of Auditor Behavior

Forthcoming, Journal of Accounting and Economics, 2016 Canadian Academic Accounting Association (CAAA) Annual Conference
Number of pages: 49 Posted: 13 Jan 2016 Last Revised: 09 Oct 2016
Ole-Kristian Hope, Danqi Hu and Wuyang Zhao
University of Toronto - Rotman School of Management, Northwestern University - Kellogg School of Management and University of Texas at Austin - Department of Accounting
Downloads 597 (55,990)
Citation 15

Abstract:

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Short Selling, Audit Fees, Regulation SHO, Bankruptcy Risk, CEO Overconfidence

4.

Post-Apocalyptic: The Real Consequences of Activist Short-Selling

Marshall School of Business Working Paper No. 17-25
Number of pages: 49 Posted: 26 Mar 2017
Yu Ting Forester Wong and Wuyang Zhao
University of Southern California - Leventhal School of Accounting and University of Texas at Austin - Department of Accounting
Downloads 574 (58,623)
Citation 1

Abstract:

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Activism, Short-Selling, Real Effects, Diff-in-Diff, Channel, Investment Efficiency

5.

Stock-based Compensation, Financial Analysts, and Equity Overvaluation

Review of Accounting Studies, Forthcoming
Number of pages: 55 Posted: 21 Aug 2019 Last Revised: 16 Apr 2020
Rotman School of Management, University of Toronto, University of Texas at Austin - Department of Accounting and University of Texas at Austin - Department of Accounting
Downloads 487 (71,992)
Citation 3

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stock-based compensation, financial analysts, overvaluation, non-GAAP, free cash flow, discounted cash flow (DCF)

6.

Market Reactions to the Closest Peer Firm's Analyst Revisions

Forthcoming, Accounting and Business Research
Number of pages: 47 Posted: 23 Jul 2016 Last Revised: 31 Oct 2017
Ole-Kristian Hope and Wuyang Zhao
University of Toronto - Rotman School of Management and University of Texas at Austin - Department of Accounting
Downloads 406 (89,381)
Citation 2

Abstract:

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Peer Firms, Analyst Revisions, Market Reactions, Information Transfer

7.

How Can Bad News Increase Price? Short Squeezes After Short-Selling Attacks

Number of pages: 52 Posted: 23 May 2021 Last Revised: 28 May 2021
University of Southern California - Marshall School of Business, University of Southern California - Leventhal School of Accounting and University of Texas at Austin - Department of Accounting
Downloads 276 (136,674)

Abstract:

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short squeezes, short attacks, short selling, financial disclosure

8.

Analysts’ Stock Ownership and Stock Recommendations

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 56 Posted: 22 Aug 2018
Jesse Chan, Steve Lin, Yong Yu and Wuyang Zhao
University of Texas at Austin, University of Memphis, University of Texas at Austin and University of Texas at Austin - Department of Accounting
Downloads 185 (200,223)
Citation 5

Abstract:

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Analyst, Stock Ownership, Stock Recommendation, Conflict of Interest, Credibility

9.

Individual Analysts’ Non-GAAP Earnings Exclusions and Target Prices

Number of pages: 56 Posted: 04 Jan 2021
Stephannie Larocque and Wuyang Zhao
University of Notre Dame - Mendoza College of Business and University of Texas at Austin - Department of Accounting
Downloads 53 (457,375)

Abstract:

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Analyst Forecasts; Target Prices; Exclusions; Non-GAAP; Street Earnings; Market Multiples; Recommendations

10.

Supply Constraints and Limits to Arbitrage in the ETF Loan Market

Number of pages: 53 Posted: 10 Jun 2021
Sanjeev Bhojraj and Wuyang Zhao
Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Accounting
Downloads 24 (614,844)

Abstract:

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ETF; Lending fee; Create-to-lend; Ownership structure; Lendable shares

11.

Identification of Analyst Coverage Initiations

Posted: 09 Jul 2021
Jay Jung, Yong Yu and Wuyang Zhao
City, University of London - Cass Business School, University of Texas at Austin and University of Texas at Austin - Department of Accounting

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analyst, coverage initiation, measurement error, research implications

12.

Ownership Structure and Short Covering: Evidence from Earnings Announcements

Posted: 09 Apr 2021
Sanjeev Bhojraj and Wuyang Zhao
Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Accounting

Abstract:

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short-selling, securities lending, short covering, passive investing, ownership structure, earnings announcements, short squeezes