Education

2002-2006      PhD (Accounting, minor in Econometrics)

Leeds School of Business, University of Colorado at Boulder

1999-2002      MS (Accounting)

Beijing Jiaotong University, China

1995-1999      BS (Accounting)

Beijing Jiaotong University, China

Work Experience

2019.10-present   Renmin University of China, Business School

2012.12-2014.1     Visiting Scholar, Graduate School of Business, Stanford University

2006.6-2019.10     Peking University Guanghua School of Management

2004－2005           Accounting, Auditing and Tax Specialist, Bill Brooks CPA, Boulder, CO, USA

2003－2005           Instructor, Leeds School of Business, University of Colorado at Boulder

Quantamental Investing, Private Equity Investment, Financial Analysis

Quantamental Investing, Financial Accounting, Financial Statement Analysis

Selected Academic Articles

1.  Zhang Ran, Li Runze, 2022.“Mutual Funds’ Abnormal Holding, Firm Value, and Expected Stock Returns”, .Nankai Business Review (accepted).

2.  Zhang Ran, Ping Fan, Wang Rongfei, 2022.“Online Sales and Expected Returns”. Journal of Financial Research, 6:189-206.

3.  Duan Binglei ,Wang Rongfei , Zhang Ran, 2022.“Economic Links and Stock Returns in Chinese A - Share Market”. Journal of Financial Research, 2:171-188.

4.  Lee, C., S. Sun, R. Wang, and R. Zhang, “Technological Links and Predictable Returns”, 2019, Journal of Financial Economics, 132: 76-96. (UT24, FT50, SSCI)

5.  Lee, C., S. Sun, R. Wang, and R. Zhang, “Technological Links and Predictable Returns”, 2018,  Journal of Financial Economics , forthcoming. (UT24, FT50, SSCI)

Ø Winner of the Roger F. Murray First Prize for Outstanding Research, The Institute for Quantitative Research in Finance (Q Group), USA, 2018

6.  Lee, C., K. Li, and R. Zhang, “Shell Games: The Long-Term Performance of Chinese Reverse Merger Firms”, 2015,  The Accounting Review , 90(4), 1547-1589. (UT24, FT50, SSCI)

7.  Shao, L., C. Kwok, and R. Zhang, “National Culture and Corporate Investment”, 2013,  Journal of International Business Studies , 44: 745-763. (UT24, FT50, SSCI)

8.  Luo, X., R. Zhang, W. Zhang, and J. Aspara, "Do institutional investors pay attention to customer satisfaction, and why?", 2013,  Journal of the Academy of Marketing Science , 46(2): 119-136. (FT50, SSCI)

9.  Li, Y., J. Niu, R. Zhang, and J. Largay, “Earnings Management and the Accrual Anomaly: Evidence from China”, 2011,  Journal of International Financial Management and Accounting , 22(3): 205-245. (SSCI)

10.  Ye, K. and R. Zhang, 2011, “Do Lenders Value Corporate Social Responsibility? Evidence from China”,  Journal of Business Ethics , 104(2): 197-206. (FT50, SSCI)

11.  Zhang, R., Z. Lu, and K. Ye. “How do Firms React to the Prohibition of Long-lived Asset Impairment Reversals? Evidence from China”, 2010,  Journal of Accounting and Public Policy , 29 (5): 424-438. (SSCI)

12.  Zhang, R., Z. Rezaee, and J. Zhu, “Corporate Philanthropic Disaster Response and Ownership Type: Evidence from Chinese Firms' Response to the Sichuan Earthquake”, 2010,  Journal of Business Ethics , 91 (1): 51-63.   (FT50, SSCI)

13.  Ye, K., R. Zhang, and Z. Rezaee, “Does Gender Diversity in Senior Management Affect Earnings Quality: A Large Sample Analysis of Chinese Listed Firms”, 2010,  Advances in Accounting , 26 (1): 47-54.

14.  Li, W. and R. Zhang, “Corporate Social Responsibility, Ownership Structure, and Political Interference: Evidence from China”, 2010,  Journal of Business Ethics , 96 (4): 631-645. (FT50, SSCI)

15.  Zhang, R., J. Zhu, H. Yue, and C. Zhu, 2010, “Corporate Philanthropic Giving, Advertising Intensity, and Industry Competition Level”,  Journal of Business Ethics , 94(1): 39-52. (FT50, SSCI)

16.  Zhang, R. and Z. Rezaee, “Do Credible Firms Perform Better in Emerging Market? Evidence from China”, 2009,  Journal of Business Ethics , 90 (2): 221-237. (FT50, SSCI)

Media Coverage、Speech at Business Forum

“Shell Games: The Long Term Performance of Chinese Reverse Merger Firms”

Bloomberg “Chinese Reverse-Merger Firms Outperform U.S. Peers, Study Says”

American Accounting Association “Their bad reputation notwithstanding, Chinese reverse-merger firms outperform U.S. peers, study finds”

Compliance Week “Study Challenges Effect of China-Based Reverse Mergers”

Accounting Today “Chinese Companies Outperform U.S. Peers on Markets Despite Accounting Fraud Risk”

CNBC “Chinese Reverse Mergers Are Not Toxic”

New York Times “On Eve of Alibaba’s I.P.O., Senator Urges S.E.C. to Look at Risks in Some Chinese Offerings”

“Technological Links and Predictable Returns”

Q-Group “Technological Links and Predictable Returns”