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

17

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20,135

SSRN CITATIONS
Rank 3,007

SSRN RANKINGS

Top 3,007

in Total Papers Citations

347

CROSSREF CITATIONS

93

Scholarly Papers (17)

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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
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 3,543 (4,434)
Citation 71

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Stock Liquidity, Innovation, Hostile Takeover, Institutional Ownership

2.

Equity Vesting and Investment

Downloads 2,800 ( 6,614)
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 2,741 (6,704)
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 2022
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 58 (499,052)

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

Downloads 2,343 ( 8,698)
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: 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, University of Minnesota - Twin Cities - Carlson School of Management and Hong Kong University of Science and Technology - Department of Accounting
Downloads 2,343 (8,550)
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, University of Minnesota - Twin Cities - Carlson School of Management and Hong Kong University of Science and Technology - Department of Accounting
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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 1,889 (12,413)
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 1,566 ( 16,624)
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 1,520 (17,088)
Citation 49

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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, University of Minnesota - Twin Cities - Carlson School of Management and University of Maryland - Robert H. Smith School of Business
Downloads 46 (553,676)
Citation 1

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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 1,383 (20,027)
Citation 16

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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 1,362 (20,477)
Citation 19

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

8.

Consistency As A Means to Comparability: Theory and Evidence

Management Science, Forthcoming
Number of pages: 51 Posted: 25 Oct 2016 Last Revised: 23 Nov 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 - Twin Cities - Department of Accounting
Downloads 903 (37,188)
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

Downloads 872 ( 39,072)

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 Miami - Department of Accounting and The Chinese University of Hong Kong, Shenzhen
Downloads 872 (38,516)
Citation 20

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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
University of Minnesota - Twin Cities - Carlson School of Management, 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.

Imperfect Accounting and Reporting Bias

Downloads 675 ( 54,991)

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 675 (54,270)
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
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

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

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, University of Minnesota - Twin Cities - Carlson School of Management and University of North Carolina at Greensboro
Downloads 673 (55,193)
Citation 3

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

12.

Fractional Trading

Number of pages: 63 Posted: 10 Nov 2021 Last Revised: 06 May 2022
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 459 (89,169)

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

13.

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 451 (90,750)
Citation 1

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

14.

Corporate Advertising, Trading, and Volatility

Number of pages: 50 Posted: 02 Nov 2018 Last Revised: 08 Jan 2022
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 - Carlson School of Management
Downloads 442 (92,867)

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Advertising, Retail Trading, Price Volatility, Informed Trading, Image Analysis

15.

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 412 (100,761)
Citation 3

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

16.

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
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 - Twin Cities - Department of Accounting
Downloads 362 (117,496)

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Regulation, Financial Reporting, Accounting Fraud, Crime

17.

The Long-Term Consequences of Short-Term Incentives

Journal of Accounting Research, Volume 60, Issue 3
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

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