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

  • European Corporate Governance Institute (ECGI)

  • Indiana University

SCHOLARLY PAPERS

18

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SSRN CITATIONS
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Top 1,792

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763

CROSSREF CITATIONS

91

Scholarly Papers (18)

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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 3,746 (4,942)
Citation 71

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Stock Liquidity, Innovation, Hostile Takeover, Institutional Ownership

2.

Equity Vesting and Investment

Downloads 2,924 ( 7,437)
Citation 48

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 2,831 (7,695)
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 91 (467,446)
Citation 1

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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
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CEO Incentives, Managerial Myopia, Short-Termism, Vesting

3.

The Long-Term Consequences of Short-Term Incentives

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Citation 23

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 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 2,498 (9,343)
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 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 (1,062,640)
Citation 2
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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 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 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 1,942 (14,233)
Citation 36

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

5.

The Effect of Liquidity on Governance

Downloads 1,624 (18,797)
Citation 89

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 1,562 (19,571)
Citation 54

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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 62 (584,812)
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 1,408 (23,330)
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 1,405 (23,407)
Citation 27

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Executive Compensation, Inside Debt, Corporate Debt Contracts

8.

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 969 (39,975)
Citation 1

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

9.

Foreign Institutional Ownership and the Global Convergence of Financial Reporting Practices

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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 912 (42,943)
Citation 33

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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

10.

Fractional Trading

Number of pages: 49 Posted: 10 Nov 2021 Last Revised: 11 May 2023
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 863 (47,041)

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

11.

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 833 (49,434)
Citation 3

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

12.

Imperfect Accounting and Reporting Bias

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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 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 708 (60,520)
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 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

13.

Accounting for Cryptocurrencies

Georgia Tech Scheller College of Business Research Paper No. 4294133
Number of pages: 50 Posted: 11 Dec 2022
Chelsea M. Anderson, Vivian W. Fang, James Moon and Jonathan E. Shipman
University of Arkansas - Department of Accounting, European Corporate Governance Institute (ECGI), Georgia Institute of Technology - Scheller College of Business and University of Arkansas
Downloads 674 (65,460)

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Cryptocurrency, Accounting, Liquidity

14.

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

Number of pages: 61 Posted: 02 Nov 2018 Last Revised: 29 Aug 2023
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 536 (87,189)

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Advertising, Retail Trading, Price Volatility, Informed Trading, Price Impact

15.

Everlasting Fraud

European Corporate Governance Institute - Law Working Paper No. 617/2021
Number of pages: 72 Posted: 02 Mar 2021 Last Revised: 09 Jun 2022
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 535 (87,412)

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Regulation, Financial Reporting, Accounting Fraud, Crime

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 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 488 (97,833)
Citation 1

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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 244 (208,242)

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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: 60 Posted: 13 Dec 2022
Cyrus Aghamolla, Vivian W. Fang and Renhui Fu
University of Minnesota - Twin Cities, European Corporate Governance Institute (ECGI) and Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management
Downloads 86 (479,786)

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Myopia, Signaling, Investment, Mutual Fund Trading Scandals of 2003