Faculty Biography

Zhenyang (David) Tang

Associate Professor of Finance
School of Management
Clark University
ZTang@clarku.edu
508-421-3853

Ph.D. in Finance, University of Alberta, Edmonton, Canada 2009-2014
MA in Quantitative Economics, Tsinghua University, Beijing, China
BA in Economics, Tsinghua University, Beijing, China

Research Interests

Insider trading, religion & finance, venture capital, and corporate social responsibility

Teaching Courses

Corporate finance; financial management

Recent Publications

C. Dang, S. Foerster, F. Li and Z. Tang, 2021, “Analyst Talent, Information, and Insider Trading,” Journal of Corporate Finance, forthcoming. https://doi.org/10.1016/j.jcorpfin.2020.101803

M. Maung, Z. Tang, C. Wilson and X. Xu, 2020, “Religion, Risk Aversion, and Cross-Border Mergers and Acquisitions,” Journal of International Financial Markets, Institutions and Money, forthcoming. https://doi.org/10.1016/j.intfin.2020.101262

M. Maung, Z. Tang and X. Xu, 2020, “Religion and Venture Investing: A Cross-Country Analysis,” Financial Review 55, pp. 433-460. https://doi.org/10.1111/fire.12233

M. Maung, D. Miller, Z. Tang and X. Xu, 2020, “Value-Enhancing Social Responsibility: Market Reaction to Donations by Family vs. Non-Family Firms with Religious CEOs,” Journal of Business Ethics 163, pp.745-758. https://doi.org/10.1007/s10551-019-04381-8

G. Cai, W. Li and Z. Tang, 2020, “Religion and the Method of Earnings Management: Evidence from China,” Journal of Business Ethics 161, pp. 71-90. https://doi.org/10.1007/s10551-018-3971-6

C. Liang, Z. Tang and X. Xu, 2019, “Uncertainty, Momentum and Profitability,” Journal of Portfolio Management 45(4), pp.91-104. https://doi.org/10.3905/jpm.2019.1.085

C. Liang, Z. Tang and X. Xu, 2018, “Return Synchronicity and Insider Trading Profitability,” International Review of Finance, forthcoming. https://doi.org/10.1111/irfi.12246

S. Parida and Z. Tang, 2018, “Price Competition in the Mutual Fund Industry,” Economic Modelling 70, pp. 29-39. https://doi.org/10.1016/j.econmod.2017.10.005