Xiaojun Zhang is a Visiting Research Professor of Accounting at Shanghai Advanced Institute of Finance (SAIF), and Michael Chetkovich Professor of Accounting with tenure at Haas School of Business, University of California, Berkeley. He is currently serving as Faculty Director of the Center for Financial Reporting and Management at Haas School of Business.
Professor Zhang is an expert on financial statement analysis, financial accounting theory and international accounting. He has published many articles in the leading academic journals, including The Accounting Review, Journal of Accounting Research and Journal of Accounting and Economics. He also co-authored the book Financial Statement Analysis and Equity Valuation, which is well-noted among peers. He is also the recipient of several grants including Schwabacher Fellowship from Haas School of Business, UC Berkeley (2001), Junior Faculty Research Grant from UC Berkeley (1999, 2000) and Research Enabling Grant from UC Berkeley (1998-2001).
Professor Zhang is a member of the Financial Executives International, the American Accounting Association and the Editorial Board for Review of Accounting Studies.
Professor Zhang offers the course “Principles of Accounting” at SAIF.
Journal Publications
1. Dong, Minyue, and Xiao-Jun Zhang, 2018, Selective Trading of Available-for-Sale Securities: Evidence from U.S. Commercial Banks, European Accounting Review.
2. Levi, Shai, and Xiao-Jun Zhang , 2015, Asymmetric decrease in liquidity trading before earnings announcements and the announcement return premium, Journal of Financial Economics.
3. Levi, Shai, and Xiao-Jun Zhang, 2015, Do Temporary Increases in Information Asymmetry Affect the Cost of Equity?, Management Science.
4. Dong, Minyue, Stephen Ryan, and Xiao-Jun Zhang, 2013, Preserving amortized costs within a fair-value-accounting framework: reclassification of gains and losses on available-for-sale securities upon realization, Review of Accounting Studies.
5. Zhang, Xiao-Jun, 2013, Book-to-market Ratio and Skewness of Stock Return, The Accounting Review.
6. Fan, Qintao, and Xiao-Jun Zhang, 2012, Accounting Conservatism, Aggregation, and Information Quality, Contemporary Accounting Research.
7. You, Haifeng, and Xiao-Jun Zhang, 2011, Limited attention and stock price drift following earnings announcements and 10-K filings, China Finance Review International.
8. Zhang, Xiao-Jun, 2011, Information relevance, reliability and disclosure, Review of Accounting Studies.
9. You, Haifeng, and Xiao-Jun Zhang, 2008, Financial reporting complexity and investor underreaction to 10-K information, Review of Accounting Studies.
10. Liang, Pierre Jinghong, and Xiao-Jun Zhang, 2008, Information Economics and Accounting Measurement: a Blueprint for Scholarly Research, 中国会计评论.
11. Liang, Pierre Jinghong, and Xiao-Jun Zhang, 2006, Accounting Treatment of Inherent versus Incentive Uncertainties and the Capital Structure of the Firm, Journal of Accounting Research.
12. Zhang, Xiao-Jun, 2005, Discussion of “Conservatism, Growth and the Role of Accounting Numbers in Fundamental Analysis Process”, Review of Accounting Studies.
13. Trueman, Brett, M. H. Franco Wong, and Xiao-Jun Zhang, 2003, Anomalous stock returns around internet firms’ earnings announcements, Journal of Accounting & Economics.
14. Zhang, Xiao-Jun, 2002, Discussion of “Excess Returns to R&D-Intensive Firms”, Review of Accounting Studies.
15. Penman, Stephen H., and Xiao-Jun Zhang, 2002, Accounting Conservatism, the Quality of Earnings, and Stock Returns, The Accounting Review.
16. Zhang, Xiao-Jun, 2002, Revenue Recognition in a Multiperiod Agency Model, Journal of Accounting Research.
17. Trueman, Brett, M. H. Franco Wong, and Xiao-Jun Zhang, 2001, Back to Basics: Forecasting the Revenues of Internet Firms, Review of Accounting Studies.
18. Thomas, Jacob, and Xiao-Jun Zhang, 2000, Identifying unexpected accruals: a comparison of current approaches, Journal of Accounting and Public Policy.
19. Trueman, Brett, M. H. Franco Wong, and Xiao-Jun Zhang, 2000, The Eyeballs Have it: Searching for the Value in Internet Stocks, Journal of Accounting Research.
20. Zhang, Xiao-Jun, 2000, Conservative accounting and equity valuation, Journal of Accounting & Economics.
21. Ohlson, James A., and Xiao-Jun Zhang, 1999, On the Theory of Forecast Horizon and Equity Valuation, Journal of Accounting Research.
22. Ohlson, James A., and Xiao-Jun Zhang, 1998, Accrual Accounting and Equity Valuation, Journal of Accounting Research.
