Shaojun Zhang
Shaojun Zhang is an assistant professor of finance at the Ohio State University, Fisher School of Business. Zhang's primary research fields are asset pricing, international finance, and sustainable investing. She is interested in issues related to expected return, macroeconomic risk, and tail risk. She is an advisory editorial board member of the Journal of Portfolio Management. She has published in leading academic and practitioner journals, including the Journal of Finance, Journal of Financial Economics, Journal of Portfolio Management, and Journal of Investment Management. She earned a bachelor's degree in economics from Peking University and a PhD in finance from New York University's Stern School of Business. Before joining OSU, Zhang was an assistant professor of finance at the University of Hong Kong. Zhang also worked as a portfolio manager at China Investment Corporation and Vanguard.
Research
Investors Are Failing To Take into Account the Green Transition
A stock market that has priced in the transition risk away from greenhouse gasses would see higher future returns, the so-called carbon...
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Antitrust and Competition
Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
ESG & Corporate Governance
History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
Regulation
Letters that Matter: How Interest Groups Shape Financial Legislation
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
Labor
Are There Really Gender Pay Differences in the CEO Labor Market?
The gender pay gap is a well-documented phenomenon in global labor markets, but this gap does not seem to apply to the...
Monetary Policy
How Many Banks Are at Risk of Insolvency Right Now?
Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...
Misinformation
The Challenges of Regulating Disinformation
In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...
Development
India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...