Vivian W. Fang

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

Indiana University

Bloomington, IN 47405

United States

SCHOLARLY PAPERS

18

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24,315

SSRN CITATIONS
Rank 1,519

SSRN RANKINGS

Top 1,519

in Total Papers Citations

1,026

CROSSREF CITATIONS

92

Scholarly Papers (18)

1.

Does Stock Liquidity Enhance or Impede Firm Innovation?

Journal of Finance, October 2014, 69 (5), 2085-2125.
Number of pages: 87 Posted: 24 Jan 2011 Last Revised: 12 Feb 2015
Vivian W. Fang, Xuan Tian and Sheri Tice
European Corporate Governance Institute (ECGI), Tsinghua University - PBC School of Finance and Tulane University - A.B. Freeman School of Business
Downloads 3,906 (5,324)
Citation 71

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Stock Liquidity, Innovation, Hostile Takeover, Institutional Ownership

2.
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Citation 72

Equity Vesting and Investment

Review of Financial Studies, Forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 379/2013, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 65 Posted: 27 May 2013 Last Revised: 11 Aug 2020
Alex Edmans, Vivian W. Fang and Katharina Lewellen
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and Dartmouth College - Tuck School of Business
Downloads 2,893 (8,511)
Citation 26

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Investment, Short-Termism, Managerial Myopia, Vesting, CEO Incentives

Equity Vesting and Managerial Myopia

NBER Working Paper No. w19407
Number of pages: 55 Posted: 07 Sep 2013 Last Revised: 13 Jul 2023
Alex Edmans, Vivian W. Fang and Katharina Lewellen
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and Dartmouth College - Tuck School of Business
Downloads 105 (485,280)
Citation 2

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Equity Vesting and Managerial Myopia

CEPR Discussion Paper No. DP10145
Number of pages: 54 Posted: 25 Sep 2014
Alex Edmans, Vivian W. Fang and Katharina Lewellen
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and Dartmouth College - Tuck School of Business
Downloads 2 (1,196,528)
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CEO Incentives, Managerial Myopia, Short-Termism, Vesting

3.
Downloads 2,582 (10,408)
Citation 36

The Long-Term Consequences of Short-Term Incentives

Journal of Accounting Research, forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 527/2017
Number of pages: 57 Posted: 18 Sep 2017 Last Revised: 14 Jan 2022
Alex Edmans, Vivian W. Fang and Allen H. Huang
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and Hong Kong University of Science and Technology - Department of Accounting
Downloads 2,581 (10,227)
Citation 18

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Repurchases, M&A, Short-Termism, CEO Incentives, Managerial Myopia

The Long-Term Consequences of Short-Term Incentives

CEPR Discussion Paper No. DP12305
Number of pages: 47 Posted: 20 Sep 2017
Alex Edmans, Vivian W. Fang and Allen H. Huang
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and Hong Kong University of Science and Technology - Department of Accounting
Downloads 1 (1,207,590)
Citation 4
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Repurchases; M&A; Short-Termism; CEO Incentives; Managerial Myopia; Vesting

The Long-Term Consequences of Short-Term Incentives

Journal of Accounting Research, Volume 60, Issue 3, 2022, HKUST Business School Research Paper No. 2022-083
Posted: 11 Oct 2022 Last Revised: 04 Feb 2023
Alex Edmans, Vivian W. Fang and Allen H. Huang
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and Hong Kong University of Science and Technology - Department of Accounting

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epurchases, M&A, short-termism, CEO incentives, managerial myopia

4.

Short Selling and Earnings Management: A Controlled Experiment

Journal of Finance, Vol 71, No. 3 (June 2016), pp. 1251-1294
Number of pages: 44 Posted: 29 Jun 2013 Last Revised: 21 Jun 2017
Vivian W. Fang, Allen H. Huang and Jonathan M. Karpoff
European Corporate Governance Institute (ECGI), Hong Kong University of Science and Technology - Department of Accounting and University of Washington - Michael G. Foster School of Business
Downloads 1,966 (15,986)
Citation 36

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Regulation SHO, Pilot Program, Short Selling, Earnings Management, Fraud Discovery, Price Efficiency

5.
Downloads 1,672 (20,639)
Citation 108

The Effect of Liquidity on Governance

Review of Financial Studies, June 2013, 26(6), 1443-1482. , European Corporate Governance Institute (ECGI) - Finance Working Paper No. 319/2011
Number of pages: 66 Posted: 04 Aug 2011 Last Revised: 23 Oct 2018
Alex Edmans, Vivian W. Fang and Emanuel Zur
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and University of Maryland - Robert H. Smith School of Business
Downloads 1,591 (21,899)
Citation 51

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Stock Liquidity, Corporate Governance, Hedge Fund Activism, Blockholders, Exit, Voice

The Effect of Liquidity on Governance

NBER Working Paper No. w17567
Number of pages: 48 Posted: 04 Nov 2011 Last Revised: 03 Jul 2022
Alex Edmans, Vivian W. Fang and Emanuel Zur
London Business School - Institute of Finance and Accounting, European Corporate Governance Institute (ECGI) and University of Maryland - Robert H. Smith School of Business
Downloads 81 (576,329)
Citation 1

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6.

Stock Market Liquidity and Firm Value

Journal of Financial Economics (JFE), Vol. 94, pp. 150-169, 2009
Number of pages: 51 Posted: 21 Oct 2008 Last Revised: 13 Dec 2013
Vivian W. Fang, Thomas H. Noe and Sheri Tice
European Corporate Governance Institute (ECGI), University of Oxford - Said Business School and Tulane University - A.B. Freeman School of Business
Downloads 1,457 (25,438)
Citation 19

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Stock Market Liquidity, Firm Performance, Feedback Mechanism, Managerial Compensation, Blockholder Intervention

7.

Inside Debt and the Design of Corporate Debt Contracts

Management Science, May 2014, 60 (5), 1260-1280.
Number of pages: 37 Posted: 26 Oct 2010 Last Revised: 12 Feb 2015
Divya Anantharaman, Vivian W. Fang and Guojin Gong
Rutgers, The State University of New Jersey - Accounting & Information Systems, European Corporate Governance Institute (ECGI) and University of Connecticut
Downloads 1,418 (26,502)
Citation 39

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Executive Compensation, Inside Debt, Corporate Debt Contracts

8.

Fractional Trading

Number of pages: 70 Posted: 10 Nov 2021 Last Revised: 16 Jan 2024
Zhi Da, Vivian W. Fang and Wenwei Lin
University of Notre Dame - Mendoza College of Business, European Corporate Governance Institute (ECGI) and University of Minnesota, Carlson School of Management
Downloads 1,192 (34,139)
Citation 1

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Fractional Trading, Bubble, Coordination, Feedback, COVID-19

9.

Accounting for Cryptocurrencies

Georgia Tech Scheller College of Business Research Paper No. 4294133
Number of pages: 48 Posted: 11 Dec 2022
University of Arkansas - Department of Accounting, European Corporate Governance Institute (ECGI), Georgia Institute of Technology - Scheller College of Business and University of Arkansas
Downloads 1,122 (37,176)

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M40, M41, M48 Cryptocurrency, Accounting, Liquidity, ASU 2023-08

10.

Consistency As A Means to Comparability: Theory and Evidence

Management Science, Forthcoming
Number of pages: 51 Posted: 25 Oct 2016 Last Revised: 02 Dec 2022
Vivian W. Fang, Michael Iselin and Gaoqing Zhang
European Corporate Governance Institute (ECGI), University of Minnesota - Twin Cities - Department of Accounting and University of Minnesota - Twin Cities - Department of Accounting
Downloads 1,036 (41,752)
Citation 1

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Financial Statement Consistency; Comparability; Informativeness; Information Spillover; Fundamental Correlation; Fundamental Volatility

Foreign Institutional Ownership and the Global Convergence of Financial Reporting Practices

Journal of Accounting Research 53, no. 3 (2015): 593-631.
Number of pages: 55 Posted: 07 Nov 2012 Last Revised: 19 Aug 2016
Vivian W. Fang, Mark G. Maffett and Bohui Zhang
European Corporate Governance Institute (ECGI), University of Miami - Department of Accounting and The Chinese University of Hong Kong, Shenzhen
Downloads 944 (46,817)
Citation 43

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Institutional Investors; Mutual Funds; Corporate Governance; U.S. GAAP; Financial Statement Comparability; Auditor Selection; Analyst Forecasts

Foreign Institutional Ownership and the Global Convergence of Financial Reporting Practices

Journal of Accounting Research, Vol. 53, No. 3, 2015
Posted: 03 Mar 2016 Last Revised: 22 Aug 2016
Vivian W. Fang, Mark G. Maffett and Bohui Zhang
European Corporate Governance Institute (ECGI), University of Miami - Department of Accounting and The Chinese University of Hong Kong, Shenzhen

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Institutional Investors; Mutual Funds; Corporate Governance; U.S. GAAP; Financial Statement Comparability; Auditor Selection; Analyst Forecasts

12.

Negative Peer Disclosure

Journal of Financial Economics (JFE), Vol. 140, No. 3, 2021
Number of pages: 54 Posted: 02 Jul 2019 Last Revised: 23 Nov 2021
Sean Cao, Vivian W. Fang and Lijun (Gillian) Lei
University of Maryland - Robert H. Smith School of Business, European Corporate Governance Institute (ECGI) and University of North Carolina at Greensboro
Downloads 932 (48,402)
Citation 3

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Peer Disclosure, Spillover, Product Market Rivalry, Technology Proximity, Social Media

Imperfect Accounting and Reporting Bias

Kelley School of Business Research Paper No. 15-29
Number of pages: 59 Posted: 06 Apr 2015 Last Revised: 12 Oct 2018
Vivian W. Fang, Allen H. Huang and Wenyu Wang
European Corporate Governance Institute (ECGI), Hong Kong University of Science and Technology - Department of Accounting and Indiana University - Kelley School of Business - Department of Finance
Downloads 727 (66,689)
Citation 5

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Financial Fraud; Accounting Errors; Restatements; Earnings Response Coefficient; Fraud Detection; Principles-Based Accounting Standards; Rules-Based Accounting Standards

Imperfect Accounting and Reporting Bias

Journal of Accounting Research, Vol. 55, No. 4, 2017, Kelley School of Business Research Paper No. 17-77
Posted: 14 Nov 2017
Vivian W. Fang, Allen H. Huang and Wenyu Wang
European Corporate Governance Institute (ECGI), Hong Kong University of Science and Technology - Department of Accounting and Indiana University - Kelley School of Business - Department of Finance

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accounting errors; reporting bias; fraud; accounting regulation; earnings response coefficient; fraud detection; textual analysis

14.

Everlasting Fraud

European Corporate Governance Institute - Law Working Paper No. 617/2021
Number of pages: 55 Posted: 02 Mar 2021 Last Revised: 23 Feb 2024
Vivian W. Fang, Nan Li, Wenyu Wang and Gaoqing Zhang
European Corporate Governance Institute (ECGI), University of Minnesota - Twin Cities - Carlson School of Management, Indiana University - Kelley School of Business - Department of Finance and University of Minnesota - Twin Cities - Department of Accounting
Downloads 684 (73,244)

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Regulation, Corporate Fraud, White-Collar Crime

15.

Is It All Noise? The Microstructure Implications of Corporate Recurring Advertisements *

Number of pages: 62 Posted: 02 Nov 2018 Last Revised: 09 Jun 2024
Vivian W. Fang, Joshua Madsen and Xinyuan Shao
European Corporate Governance Institute (ECGI), University of Minnesota - Twin Cities - Carlson School of Management and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 589 (88,418)

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JEL Classifications: G10, G12, G14, G23, M37 Advertising, Retail Trading, Price Volatility, Informed Trading, Price Impact

16.

Reply to 'The Reg SHO Reanalysis Project: Reconsidering Fang, Huang and Karpoff (2016) on Reg SHO and Earnings Management' by Black et al. (2019)

Number of pages: 33 Posted: 17 Jan 2020
Vivian W. Fang, Allen H. Huang and Jonathan M. Karpoff
European Corporate Governance Institute (ECGI), Hong Kong University of Science and Technology - Department of Accounting and University of Washington - Michael G. Foster School of Business
Downloads 537 (99,308)
Citation 2

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Replication, Regulation SHO, Pilot Program, Short Selling, Earnings Management

17.

Tracing Contagion Risk: From Crypto or Stock?

Number of pages: 49 Posted: 06 Mar 2023
Stephanie Dong, Vivian W. Fang and Wenwei Lin
New York University (NYU) - Leonard N. Stern School of Business, European Corporate Governance Institute (ECGI) and University of Minnesota, Carlson School of Management
Downloads 430 (129,548)

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Cryptocurrency, COVID-19 Pandemic, Federal Reserve, Interest Rate, Spillover

18.

The Signaling Role of Seemingly Myopic Investment Behavior

European Corporate Governance Institute – Finance Working Paper No. 862/2022
Number of pages: 55 Posted: 13 Dec 2022
Cyrus Aghamolla, Vivian W. Fang and Renhui Fu
Rice University, European Corporate Governance Institute (ECGI) and Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management
Downloads 121 (434,229)

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G23, G31, G34, M41 Myopia, Signaling, Investment, Mutual Fund Trading Scandals of 2003