Feng Zhang

Southern Methodist University (SMU) - Finance Department

Associate Professor of Finance, Corrigan Research Professor

SMU Cox School of Business

6212 Bishop Blvd

Dallas, TX 75275

United States

http://https://sites.google.com/view/fengzhangfin

SCHOLARLY PAPERS

26

DOWNLOADS
Rank 5,174

SSRN RANKINGS

Top 5,174

in Total Papers Downloads

16,271

TOTAL CITATIONS
Rank 6,852

SSRN RANKINGS

Top 6,852

in Total Papers Citations

418

Scholarly Papers (26)

1.

Mutual Fund Performance at Long Horizons

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 70 Posted: 05 May 2022 Last Revised: 29 Oct 2022
W.P. Carey School of Business, University of Utah - David Eccles School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 2,890 (9,402)
Citation 6

Abstract:

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2.

Mergers and Acquisitions: The Role of Gender

Number of pages: 47 Posted: 22 Apr 2008 Last Revised: 08 Sep 2009
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 1,639 (23,103)
Citation 16

Abstract:

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bid premium, CEO and director gender, cumulative abnormal announcement period return, independent versus inside female directors, mergers and acquisitions

3.

The Role of High-Skilled Foreign Labor in Startup Performance: Evidence from Two Natural Experiments

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 83 Posted: 06 Oct 2019 Last Revised: 26 Mar 2021
Jun Chen, Shenje Hshieh and Feng Zhang
University of Illinois at Chicago, City University of Hong Kong and Southern Methodist University (SMU) - Finance Department
Downloads 958 (50,616)
Citation 16

Abstract:

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High-Skilled Foreign Labor, H-1B Visa, VC-Backed Companies, Innovation, Initial Public Offerings (IPOs)

4.

Characteristic-Based Benchmark Returns and Corporate Events

Forthcoming, Review of Financial Studies
Number of pages: 104 Posted: 12 Sep 2015 Last Revised: 07 Mar 2018
W.P. Carey School of Business, University of Utah - David Eccles School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 943 (51,718)
Citation 12

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abnormal returns after corporate events, predicted returns, firm characteristics

5.

Director Gender and Mergers and Acquisitions

Number of pages: 44 Posted: 09 May 2012 Last Revised: 08 Nov 2013
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 833 (61,303)
Citation 302

Abstract:

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director gender, bid initiation, bid premium, mergers and acquisitions, overconfidence, risk aversion

6.

Measuring the Quality of Mergers and Acquisitions

Management Science, 0 [10.1287/mnsc.2023.01225]
Number of pages: 77 Posted: 29 Jan 2021 Last Revised: 13 Aug 2024
Atif Ellahie, Shenje Hshieh and Feng Zhang
University of Utah - David Eccles School of Business, City University of Hong Kong and Southern Methodist University (SMU) - Finance Department
Downloads 774 (67,624)

Abstract:

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mergers and acquisitions, deal quality, post-acquisition performance, overpayment, overestimation of synergies

7.

Predictable Corporate Distributions and Stock Returns

Review of Financial Studies, Forthcoming
Number of pages: 67 Posted: 01 Jul 2013 Last Revised: 25 Nov 2014
Hendrik Bessembinder and Feng Zhang
W.P. Carey School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 764 (68,791)
Citation 9

Abstract:

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stock dividends, stock splits, special dividends, dividend increases, predictability, return anomaly

8.

How Does an LBO Impact the Target's Industry?

Number of pages: 58 Posted: 31 Aug 2014 Last Revised: 17 Jan 2018
University of Washington, University of Oklahoma and Southern Methodist University (SMU) - Finance Department
Downloads 748 (70,757)
Citation 1

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leverage buyouts, mergers and acquisitions, industry peers

9.

Firm Characteristics and Long-Run Stock Returns after Corporate Events

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 03 Jul 2012 Last Revised: 06 Oct 2014
Hendrik Bessembinder and Feng Zhang
W.P. Carey School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 742 (71,551)
Citation 16

Abstract:

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firm characteristics, long-run stock returns, BHARs, wealth relative, calendar time portfolio method, event study

10.

Men are from Mars, Women are from Venus: Gender and Mergers and Acquisitions

Number of pages: 33 Posted: 15 Mar 2011
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 640 (86,332)
Citation 10

Abstract:

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11.

Mutual Fund Flows at Long Horizons

SMU Cox School of Business Research Paper No. 23-06
Number of pages: 75 Posted: 28 Apr 2023 Last Revised: 25 Oct 2024
W.P. Carey School of Business, Purdue University - Mitchell E. Daniels, Jr. School of Business, University of Utah - David Eccles School of Business, Southern Methodist University (SMU) - Finance Department and Southern Methodist University (SMU) - Finance Department
Downloads 621 (89,753)

Abstract:

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Fund flow, Fund Return, Disappointment

12.

The (Large) Effect of Return Horizon on Fund Alpha

Critical Finance Review, forthcoming.
Number of pages: 54 Posted: 05 May 2022 Last Revised: 01 Nov 2023
W.P. Carey School of Business, University of Utah - David Eccles School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 568 (100,625)
Citation 4

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alpha, beta, investment horizon, fund performance

13.

Liquidity Risk and Cross-Sectional Returns: Evidence from the Chinese Stock Markets

Finance Research Letters, Vol. 6, No. 4, 2009
Number of pages: 22 Posted: 21 Feb 2007 Last Revised: 02 Nov 2010
Feng Zhang, Yao Tian and Tony S. Wirjanto
Southern Methodist University (SMU) - Finance Department, Independent and University of Waterloo, Department of Statistics & Actuarial Science
Downloads 485 (122,039)

Abstract:

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Liquidity risk, systematic risk factor

14.

How Are Firms Sold? The Role of Common Ownership

Journal of Financial and Quantitative Analysis, Forthcoming. 
Number of pages: 71 Posted: 10 Oct 2019 Last Revised: 03 Dec 2024
M. Vahid Irani, Wenhao Yang and Feng Zhang
University of South Carolina - Darla Moore School of Business, University of North Carolina (UNC) at Charlotte - Finance and Southern Methodist University (SMU) - Finance Department
Downloads 441 (136,821)

Abstract:

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common ownership, auction, negotiation, mergers and acquisitions

15.

Immigrants in Finance

SMU Cox School of Business Research Paper No. 22-05
Number of pages: 64 Posted: 09 Feb 2022 Last Revised: 26 May 2023
Jun Chen, Shenje Hshieh, Melvyn Teo and Feng Zhang
University of Illinois at Chicago - Department of Finance, City University of Hong Kong, Singapore Management University - Lee Kong Chian School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 400 (153,119)

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Foreign labor, H-1B, Visa, Systematic, Quantitative, STEM, Education, Anomalies, Capacity Constraints, Race

16.

Deal or No Deal: Hormones and the Mergers and Acquisitions Game

Number of pages: 46 Posted: 22 Mar 2009 Last Revised: 17 Sep 2010
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 386 (159,250)
Citation 14

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mergers and acquisitions, male dominance seeking, CEO testosterone, bid initiation, bid withdrawal, tender offers

17.

Do Insiders Time Management Buyouts and Freezeouts to Buy Undervalued Targets?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 79 Posted: 05 Jun 2016 Last Revised: 10 Sep 2018
University of Washington, University of Oklahoma and Southern Methodist University (SMU) - Finance Department
Downloads 352 (176,461)
Citation 6

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management buyouts, freezeout acquisitions, market timing, conflicts of interest

18.

Hiring High-Skilled Labor through Mergers and Acquisitions

SMU Cox School of Business Research Paper No. 22-14, Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2022, Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 91 Posted: 16 Jun 2022 Last Revised: 28 Apr 2023
Jun Chen, Shenje Hshieh and Feng Zhang
University of Illinois at Chicago - Department of Finance, City University of Hong Kong and Southern Methodist University (SMU) - Finance Department
Downloads 322 (194,188)
Citation 1

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Acquihiring; Skilled labor; H-1B visa; Mergers and acquisitions; LinkedIn

19.

Vanishing Stock Dividends

Number of pages: 50 Posted: 27 Jan 2016 Last Revised: 06 Jul 2021
Avner Kalay and Feng Zhang
Tel Aviv University - Faculty of Management and Southern Methodist University (SMU) - Finance Department
Downloads 310 (202,185)

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stock dividends, investor learning, signaling

20.

Long Run Stock Returns after Corporate Events Revisited

Critical Finance Review, Forthcoming.
Number of pages: 20 Posted: 21 Dec 2017
Hendrik Bessembinder and Feng Zhang
W.P. Carey School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 294 (213,965)
Citation 1

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21.

Shareholder Rights, Managerial Incentives, and Firm Value

Number of pages: 53 Posted: 06 Mar 2011 Last Revised: 09 Dec 2014
Feng Zhang
Southern Methodist University (SMU) - Finance Department
Downloads 259 (243,528)

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Antitakeover provisions, managerial incentives, firm value, compensation contract

22.

Private Equity Funds and Firm Products

Number of pages: 36 Posted: 04 Feb 2018 Last Revised: 15 May 2020
Wenhao Yang, Feng Zhang and Xiao Zhong
University of North Carolina (UNC) at Charlotte - Finance, Southern Methodist University (SMU) - Finance Department and University of Utah, David Eccles School of Business, Department of Finance, Students
Downloads 229 (274,981)
Citation 2

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private equity funds, new products, leveraged buyouts

23.

Information Precision and IPO Pricing

Journal of Corporate Finance, Forthcoming
Number of pages: 46 Posted: 27 Apr 2010 Last Revised: 12 Jan 2012
Feng Zhang
Southern Methodist University (SMU) - Finance Department
Downloads 199 (313,974)
Citation 1

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Information precision, IPOs, partial adjustment, price adjustment, share adjustment

24.

Are Women More Likely to Seek Advice than Men? Evidence from the Boardroom

Journal of Risk and Financial Management, Vol. 8, pp. 127-149, 2015, DOI: 10.3390/jrfm8010127
Number of pages: 23 Posted: 13 Feb 2015 Last Revised: 14 Feb 2015
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 192 (324,374)
Citation 1

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seeking advice; financial advisors; director gender; overconfidence; takeovers

25.

Non-Random Survival and Long-Run Firm Performance

Number of pages: 60 Posted: 18 Feb 2021 Last Revised: 25 Jul 2023
Feng Zhang
Southern Methodist University (SMU) - Finance Department
Downloads 155 (391,629)

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non-random firm survival, long-run firm performance, survivorship effect, reverse survivorship effect, initial public offerings

26.

Risk Homeostasis and Corporate Acquisitions

Number of pages: 35 Posted: 12 Aug 2010 Last Revised: 01 Oct 2012
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Southern Methodist University (SMU) - Finance Department
Downloads 127 (459,020)

Abstract:

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Mergers and Acquisitions, Return Correlation, Risk Dynamics, Risk Homeostasis