Joe Zhang

Education

• 2004 Ph.D., University of Iowa
• 1999 M.Sc., National University of Singapore
• 1997 B.E., Tsinghua University

Current Position(s) Held

• 2012 - Now Associate Professor of Finance
  Lee Kong Chian School of Business, Singapore Management University
• 2004 - 2012 Assistant Professor of Finance
  Lee Kong Chian School of Business, Singapore Management University

Research Interests

• Empirical Asset Pricing, Market Efficiency
• Mutual funds, Institutional Investment

Awards, Recognition and Honors

• The Lee Foundation Research Fellow
• Singapore Management University , 2005 - 2006
• University of Iowa Ponder Fellowship, 2001 - 2003
• University of Iowa Graduate College Fellowship, 2000 - 2002
• Sanwa Bank Research Fellowship
• National University of Singapore , 1999
• National University of Singapore Research Scholarship, 1997 - 1999

PUBLICATIONS

• “The Information in Asset Fire sales”, 2022, with Matthew C. Ringgenberg, Sheng Huang, Management Science, forthcoming. “Trading Regularity and Fund Performance”, 2019, with Jeffrey A. Busse, Lin, Tong, and Qing Tong, Review of Financial Studies, 32 (1), 374-422.
• “Leverage Change, Debt Overhang, and Stock Prices”, 2011, with Jie Cai, Journal of Corporate Finance, 17, 391-402
• “Expected Volatility, Unexpected Volatility and the Cross-section of Stock Returns”, 2010, with Choong Tze Chua and Jeremy Goh, 2010, Journal of Financial Research, 33, 103-123 (Outstanding paper award of the year)
• “International Diversification with Factor Funds”, 2010, with Cheol S. Eun, Sandy Lai, and Frans A. De Roon, Management Science, 56, 1500-1518
• “Institutional Investors and Equity Returns: Are Short-term Institutions Better Informed?", 2009, with Xuemin (Sterling) Yan, The Review of Financial Studies, 22, 893-924
• “A Non-Lattice Pricing Model of American Options under Stochastic Volatility", 2006, with Kian Guan Lim, Journal of Futures Markets, 26, 417-448
• “ Does Idiosyncratic Risk Really Matter?”, 2005, with Turan G. Bali, Nusret Cakici, and Xuemin (Sterling) Yan, The Journal of Finance, 60, 905-929

WORKING PAPERS

• “Can Retail Investors Learn from Insiders?”, by Ekkehart Boehmer, Bo Sang, and Zhe Zhang.
• “Trading Regularity and Fund Performance: Evidence in Uncertain Markets”, by Lin Tong, and Zhe Zhang
• “Long-term Index Fund Ownership and Stock Returns”, by Ekkehart Boehmer, Wanshan Song, Ashish Tiwari and Zhe Zhang.
• “How Do Institutional Investors Trade When Firms Buy Back Their Shares?”, by Sheng Huang and Zhe Zhang.