• Zhang Xin

    Professor/Vice Department Chair

    Accounting

    Add: Guoshun Road Siyuan Building Room 330, Siyuan Building

    Tel: 25011099(TEL)

    E-mail: xin.zhang@fudan.edu.cn

    Research Field: Corporate finance, sell-side analyst, international accouting, international finance

    Website:

    Teacher information
    Achievements in scientific research
    Academic activities and community service

    Journal Papers


    1.Chong Gao, Meng Lyu, and Xin Zhang2024Disclosure regulation and price informativeness: Evidence from industry-information disclosure guidelines in ChinaEuropean Accounting Review 33(5) 1787-1812.  



    2.Wanjiao Jia, Ting Yang, and Xin Zhang2023The rise of robots and the fall of cost stickiness: Evidence from Chinese manufacturersAccounting & Finance 63 3147–3171.  



    3.Qiong Wang, Edward Lee, Kemin Wang, and Xin Zhang2022The effect of government industrial policies on corporate accounting conservatismJournal of Accounting and Public Policy 41(5) 1-23.  



    4.Jinhui Luo, Chenchen Peng, and Xin Zhang2020The impact of CFO gender on corporate fraud: Evidence from ChinaPacific-Basin Finance Journal 63 1-13.  



    5.Yunsen Chen, Yilu Deng, Yufang Jin, Hetong Lou, and Xin Zhang2020Political connection and regulatory scrutiny through comment letters: evidence from ChinaInternational Review of Finance 20(3) 789–798.  



    6.Yunsen Chen, Chenyu Cui, Ting Yang, and Xin Zhang2020Political favouritism and investment efficiencyPacific-Basin Finance Journal 61 1-22.  



    7.Yufang Jin, Haina Shi, and Xin Zhang2019Religious social norms and CSR deficiency disclosureAsia-Pacific Journal of Accounting & Economics 26(4) 409-433.  



    8.Haina Shi, Xin Zhang, and Jing Zhou2018Cross-listing and CSR performance: evidence from AH sharesFrontiers of Business Research in China 12 1-15.  



    9.Changjiang Lyu, Kemin Wang, Frank Zhang, and Xin Zhang2018GDP management to meet or beat growth targetsJournal of Accounting & Economics 66(1) 318-338.  



    10.Song Shi, Qian Sun, and Xin Zhang2018Do IPOs affect the market price? Evidence from ChinaJournal of Financial and Quantitative Analysis 53(3) 1391-1416.  



    11.Haoping Xu, Xin Zhang, Lu Liu, and Jianqiao Hong2018Value effect of rival innovation failure: competition or contagion?China Journal of Accounting Studies 5(4) 449-467.  



    12.Haina Shi, Haoping Xu, and Xin Zhang2018Do politically connected independent directors create or destroy value?Journal of Business Research 83 82-96.  



    13.Kee-Hong Bae and Xin Zhang2015The cost of stock market integration in emerging marketsAsia-Pacific Journal of Financial Studies 44(1) 1-23.  



    14.Qian Sun, Wilson H. S. Tong, and Xin Zhang2013How cross-listings from an emerging economy affect the host market?Journal of Banking & Finance 37(7) 2229-2245.  



    15.Jianqiao Hong, Hengrui Zhang, and Xin Zhang2023Can duality of party committee secretaryand chairman decrease stock price crash risk in the listed firmsChina Economic Studies (1) 66-81(in Chinese) 



    16.Jia, Wanjiao, Haina Shi, Yuxin Wu and Xin Zhang2021The disclosure of key audit matters' effect on stock price crash riskReview of Accounting and Control 2021(11) 1-28(in Chinese) 



    17.Lu Liu, Jianqiao Hong, and Xin Zhang2020Does the valuation model affect the information content of analyst's recommendation?Business And Management Journal -5 158-172(in Chinese) 



    18.Zhou, Xianhua, Qingquan Fan, Changjiang Lv, and Xin Zhang2012Foreign shareholder and dividend payout: Based on China's empirical evidenceThe Journal of World Economy 35(11) 112-140(in Chinese) 


    Research Projects

    2026.01—2029.12Principal InvestigatorReasons and economic consequences of the voluntary disclosure ofearly-stage science and technology innovation enterprises and therole of institutional designs--Empirical research based on videosNational Natural Science Foundation of China

    2020.01—2023.12Principal InvestigatorResearch on Narrative Disclosure in IPO ProspectusesNational Natural Science Foundation of China

    2016.10—2016.12Principal InvestigatorThe Integration of Financial Management and InnovationShanghai Automotive Educational Foundation

    2016.01—2019.12Principal InvestigatorResearch on Narrative Innovation Disclosures: Motivation, Valuation, Spill-over, and the Role of InstitutionsNational Natural Science Foundation of China

    2015.01—2015.12Principal InvestigatorResearch Team for Content Analysis Based Research on Narrative Innovation InformationThe Youth Innovation Team Project of Fudan University

    2014.09—2016.09Principal InvestigatorAn Analysis of Determinants and Consequences of Investors’ Say-on-pay VotesThe University of Hong Kong- Fudan University IMBA Joint Research Fund

    2014.01—2017.12MemberFamily Firm Governance Structure, Executives Incentives Mechanism and Accounting Information QualityNational Natural Science Foundation of China

    2013.01—2016.12MemberInnovation and Pricing in New Issuing: Value Delivery, Institutional Environment and the Role of information intermediatesNational Natural Science Foundation of China

    2013.01—2015.12MemberA Study on the Informational Consequences of Cross Listing and Changes in Accounting RegulationNational Natural Science Foundation of China

    2012.10—2013.12Principal InvestigatorHow Cross-listings from an Emerging Economy affect the Host Market?Financial Research Center of Fudan University


    Journal Papers


    1.Chong Gao, Meng Lyu, and Xin Zhang2024Disclosure regulation and price informativeness: Evidence from industry-information disclosure guidelines in ChinaEuropean Accounting Review 33(5) 1787-1812.  



    2.Wanjiao Jia, Ting Yang, and Xin Zhang2023The rise of robots and the fall of cost stickiness: Evidence from Chinese manufacturersAccounting & Finance 63 3147–3171.  



    3.Qiong Wang, Edward Lee, Kemin Wang, and Xin Zhang2022The effect of government industrial policies on corporate accounting conservatismJournal of Accounting and Public Policy 41(5) 1-23.  



    4.Jinhui Luo, Chenchen Peng, and Xin Zhang2020The impact of CFO gender on corporate fraud: Evidence from ChinaPacific-Basin Finance Journal 63 1-13.  



    5.Yunsen Chen, Yilu Deng, Yufang Jin, Hetong Lou, and Xin Zhang2020Political connection and regulatory scrutiny through comment letters: evidence from ChinaInternational Review of Finance 20(3) 789–798.  



    6.Yunsen Chen, Chenyu Cui, Ting Yang, and Xin Zhang2020Political favouritism and investment efficiencyPacific-Basin Finance Journal 61 1-22.  



    7.Yufang Jin, Haina Shi, and Xin Zhang2019Religious social norms and CSR deficiency disclosureAsia-Pacific Journal of Accounting & Economics 26(4) 409-433.  



    8.Haina Shi, Xin Zhang, and Jing Zhou2018Cross-listing and CSR performance: evidence from AH sharesFrontiers of Business Research in China 12 1-15.  



    9.Changjiang Lyu, Kemin Wang, Frank Zhang, and Xin Zhang2018GDP management to meet or beat growth targetsJournal of Accounting & Economics 66(1) 318-338.  



    10.Song Shi, Qian Sun, and Xin Zhang2018Do IPOs affect the market price? Evidence from ChinaJournal of Financial and Quantitative Analysis 53(3) 1391-1416.  



    11.Haoping Xu, Xin Zhang, Lu Liu, and Jianqiao Hong2018Value effect of rival innovation failure: competition or contagion?China Journal of Accounting Studies 5(4) 449-467.  



    12.Haina Shi, Haoping Xu, and Xin Zhang2018Do politically connected independent directors create or destroy value?Journal of Business Research 83 82-96.  



    13.Kee-Hong Bae and Xin Zhang2015The cost of stock market integration in emerging marketsAsia-Pacific Journal of Financial Studies 44(1) 1-23.  



    14.Qian Sun, Wilson H. S. Tong, and Xin Zhang2013How cross-listings from an emerging economy affect the host market?Journal of Banking & Finance 37(7) 2229-2245.  



    15.Jianqiao Hong, Hengrui Zhang, and Xin Zhang2023Can duality of party committee secretaryand chairman decrease stock price crash risk in the listed firmsChina Economic Studies (1) 66-81(in Chinese) 



    16.Jia, Wanjiao, Haina Shi, Yuxin Wu and Xin Zhang2021The disclosure of key audit matters' effect on stock price crash riskReview of Accounting and Control 2021(11) 1-28(in Chinese) 



    17.Lu Liu, Jianqiao Hong, and Xin Zhang2020Does the valuation model affect the information content of analyst's recommendation?Business And Management Journal -5 158-172(in Chinese) 



    18.Zhou, Xianhua, Qingquan Fan, Changjiang Lv, and Xin Zhang2012Foreign shareholder and dividend payout: Based on China's empirical evidenceThe Journal of World Economy 35(11) 112-140(in Chinese) 


    Research Projects

    2026.01—2029.12Principal InvestigatorReasons and economic consequences of the voluntary disclosure ofearly-stage science and technology innovation enterprises and therole of institutional designs--Empirical research based on videosNational Natural Science Foundation of China

    2020.01—2023.12Principal InvestigatorResearch on Narrative Disclosure in IPO ProspectusesNational Natural Science Foundation of China

    2016.10—2016.12Principal InvestigatorThe Integration of Financial Management and InnovationShanghai Automotive Educational Foundation

    2016.01—2019.12Principal InvestigatorResearch on Narrative Innovation Disclosures: Motivation, Valuation, Spill-over, and the Role of InstitutionsNational Natural Science Foundation of China

    2015.01—2015.12Principal InvestigatorResearch Team for Content Analysis Based Research on Narrative Innovation InformationThe Youth Innovation Team Project of Fudan University

    2014.09—2016.09Principal InvestigatorAn Analysis of Determinants and Consequences of Investors’ Say-on-pay VotesThe University of Hong Kong- Fudan University IMBA Joint Research Fund

    2014.01—2017.12MemberFamily Firm Governance Structure, Executives Incentives Mechanism and Accounting Information QualityNational Natural Science Foundation of China

    2013.01—2016.12MemberInnovation and Pricing in New Issuing: Value Delivery, Institutional Environment and the Role of information intermediatesNational Natural Science Foundation of China

    2013.01—2015.12MemberA Study on the Informational Consequences of Cross Listing and Changes in Accounting RegulationNational Natural Science Foundation of China

    2012.10—2013.12Principal InvestigatorHow Cross-listings from an Emerging Economy affect the Host Market?Financial Research Center of Fudan University


    Enterprise Positions

    2024.09—Shanghai Advanced Silicon Technology Co.,Ltd.,独立董事

    2023.06—Wuxi Apptec Co.,Ltd.,Independent Director

    2022.04—Zhongshan Aiscent Technologies Co., Ltd.,Adviser

    Case

    Xin Zhang,Shaofei Wang,Chunyi ZhangJunzhi's Organizational Rubik''s Cube: Organizational Structure Design of Management Consulting Firms, , 2022

    Xin ZhangT Education Co., Ltd Accounting Choices and Earnings, , 2016