Working Papers

Understanding analysts’ use of macroeconomic news

F. Zhang, D. Dai and H. Ding

Information content of earnings announcements: A different perspective

F. Zhang, J. Thomas and W. Zhu

Off-exchange trading and post earnings announcement drift

F. Zhang, J. Thomas and W. Zhu

The power of firm fundamentals in explaining stock returns

F. Zhang, S. Shao and R. Stoumbos