Vivian W. Fang

University of Minnesota - Twin Cities - Carlson School of Management

19th Avenue South

Minneapolis, MN 55455

United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • University of Minnesota - Twin Cities - Carlson School of Management

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

16

DOWNLOADS
Rank 2,357

SSRN RANKINGS

Top 2,357

in Total Papers Downloads

18,457

SSRN CITATIONS
Rank 3,092

SSRN RANKINGS

Top 3,092

in Total Papers Citations

347

CROSSREF CITATIONS

92

Scholarly Papers (16)

Actions:
Email selected abstracts
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
University of Minnesota - Twin Cities - Carlson School of Management, Tsinghua University - PBC School of Finance and Tulane University - A.B. Freeman School of Business
Downloads 3,406 (4,097)
Citation 71

Abstract:

Loading...

Stock Liquidity, Innovation, Hostile Takeover, Institutional Ownership

2.

Equity Vesting and Investment

Downloads 2,707 ( 6,043)
Citation 27

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, University of Minnesota - Twin Cities - Carlson School of Management and Dartmouth College - Tuck School of Business
Downloads 2,658 (6,109)
Citation 26

Abstract:

Loading...

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: 12 Jul 2021
Alex Edmans, Vivian W. Fang and Katharina Lewellen
London Business School - Institute of Finance and Accounting, University of Minnesota - Twin Cities - Carlson School of Management and Dartmouth College - Tuck School of Business
Downloads 48 (496,819)

Abstract:

Loading...

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, University of Minnesota - Twin Cities - Carlson School of Management and Dartmouth College - Tuck School of Business
Downloads 1 (830,200)
  • Add to Cart

Abstract:

Loading...

CEO Incentives, Managerial Myopia, Short-Termism, Vesting

3.

The Long-Term Consequences of Short-Term Incentives

Downloads 2,078 ( 9,244)
Citation 14

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: 51 Posted: 18 Sep 2017 Last Revised: 04 Oct 2021
Alex Edmans, Vivian W. Fang and Allen Huang
London Business School - Institute of Finance and Accounting, University of Minnesota - Twin Cities - Carlson School of Management and Hong Kong University of Science and Technology - Department of Accounting
Downloads 2,078 (9,070)
Citation 18

Abstract:

Loading...

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, University of Minnesota - Twin Cities - Carlson School of Management and Hong Kong University of Science and Technology - Department of Accounting
Downloads 0
  • Add to Cart

Abstract:

Loading...

Repurchases; M&A; Short-Termism; CEO Incentives; Managerial Myopia; Vesting

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
University of Minnesota - Twin Cities - Carlson School of Management, Hong Kong University of Science and Technology - Department of Accounting and University of Washington - Michael G. Foster School of Business
Downloads 1,854 (11,165)
Citation 36

Abstract:

Loading...

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

5.

The Effect of Liquidity on Governance

Downloads 1,551 ( 14,778)
Citation 46

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, University of Minnesota - Twin Cities - Carlson School of Management and University of Maryland - Robert H. Smith School of Business
Downloads 1,506 (15,212)
Citation 49

Abstract:

Loading...

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
Alex Edmans, Vivian W. Fang and Emanuel Zur
London Business School - Institute of Finance and Accounting, University of Minnesota - Twin Cities - Carlson School of Management and University of Maryland - Robert H. Smith School of Business
Downloads 45 (510,843)
Citation 1

Abstract:

Loading...

6.

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, University of Minnesota - Twin Cities - Carlson School of Management and University of Connecticut
Downloads 1,378 (17,781)
Citation 16

Abstract:

Loading...

Executive Compensation, Inside Debt, Corporate Debt Contracts

7.

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
University of Minnesota - Twin Cities - Carlson School of Management, University of Oxford - Said Business School and Tulane University - A.B. Freeman School of Business
Downloads 1,334 (18,637)
Citation 19

Abstract:

Loading...

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

8.

Foreign Institutional Ownership and the Global Convergence of Financial Reporting Practices

Downloads 854 ( 35,585)

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
University of Minnesota - Twin Cities - Carlson School of Management, University of Chicago - Booth School of Business and The Chinese University of Hong Kong, Shenzhen
Downloads 854 (35,050)
Citation 20

Abstract:

Loading...

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
University of Minnesota - Twin Cities - Carlson School of Management, University of Chicago - Booth School of Business and The Chinese University of Hong Kong, Shenzhen

Abstract:

Loading...

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

9.

Consistency As A Means to Comparability: Theory and Evidence

Number of pages: 51 Posted: 25 Oct 2016 Last Revised: 23 Jan 2021
Vivian W. Fang, Michael Iselin and Gaoqing Zhang
University of Minnesota - Twin Cities - Carlson School of Management, University of Minnesota - Twin Cities - Department of Accounting and University of Minnesota
Downloads 837 (36,540)
Citation 1

Abstract:

Loading...

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

10.

Imperfect Accounting and Reporting Bias

Downloads 658 ( 50,569)
Citation 5

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
University of Minnesota - Twin Cities - Carlson School of Management, Hong Kong University of Science and Technology - Department of Accounting and Indiana University - Kelley School of Business - Department of Finance
Downloads 658 (49,922)
Citation 5

Abstract:

Loading...

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
University of Minnesota - Twin Cities - Carlson School of Management, Hong Kong University of Science and Technology - Department of Accounting and Indiana University - Kelley School of Business - Department of Finance

Abstract:

Loading...

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

11.

Negative Peer Disclosure

Number of pages: 54 Posted: 02 Jul 2019 Last Revised: 01 Jun 2020
Sean Cao, Vivian W. Fang and Lijun (Gillian) Lei
Georgia State University - J. Mack Robinson College of Business, University of Minnesota - Twin Cities - Carlson School of Management and University of North Carolina at Greensboro
Downloads 613 (55,516)
Citation 3

Abstract:

Loading...

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

12.

The Bright Side of Earnings Management

Number of pages: 57 Posted: 16 Aug 2018 Last Revised: 05 Dec 2018
Vivian W. Fang and Renhui Fu
University of Minnesota - Twin Cities - Carlson School of Management and Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management
Downloads 399 (93,561)
Citation 1

Abstract:

Loading...

Earnings Management, Real Manipulation, Reporting Manipulation, Mutual Funds, Fire Sales, Fire Purchases, Sarbanes-Oxley Act of 2002, Mutual Fund Trading Scandal of 2003

13.

Noise Trading: An Ad-based Measure

Number of pages: 56 Posted: 02 Nov 2018 Last Revised: 05 Aug 2020
Vivian W. Fang, Joshua Madsen and Xinyuan Shao
University of Minnesota - Twin Cities - Carlson School of Management, University of Minnesota - Twin Cities - Carlson School of Management and University of Minnesota - Twin Cities - Department of Accounting
Downloads 358 (105,855)

Abstract:

Loading...

Advertising, Noise Trading, Informed Trading, Retail Trading, Stock Liquidity, Price Volatility, Adverse Selection, Image Analysis

14.

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
University of Minnesota - Twin Cities - Carlson School of Management, Hong Kong University of Science and Technology - Department of Accounting and University of Washington - Michael G. Foster School of Business
Downloads 323 (118,609)
Citation 2

Abstract:

Loading...

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

15.

Everlasting Fraud

Number of pages: 54 Posted: 02 Mar 2021 Last Revised: 17 Sep 2021
Vivian W. Fang, Nan Li, Wenyu Wang and Gaoqing Zhang
University of Minnesota - Twin Cities - Carlson School of Management, University of Minnesota - Twin Cities - Carlson School of Management, Indiana University - Kelley School of Business - Department of Finance and University of Minnesota
Downloads 99 (331,810)

Abstract:

Loading...

Regulation, Financial Reporting, Accounting Fraud, Crime

16.

Fractional Trading

Number of pages: 54
Zhi Da, Vivian W. Fang and Wenwei Lin
University of Notre Dame - Mendoza College of Business, University of Minnesota - Twin Cities - Carlson School of Management and University of Minnesota, Carlson School of Management
Downloads 8

Abstract:

Loading...

Fractional Trading, Retail Investors, Fintech, Market Efficiency, Social Media, Stock Split, Coordination, COVID-19