X. Frank Zhang
Requiring Short Seller Disclosure Could Distort Markets
A study by Yale SOM's Frank Zhang suggests that requiring disclosures of short positions would lead some investors to make decisions based on others’ short positions, rather than information about a firm; this “herding” could drive stock prices away from their true value.
Study Suggests That Local Chinese Officials Manipulate GDP
A study by Yale SOM’s Frank Zhang suggests that local Chinese governments often push through projects without long-term economic value, or fabricate numbers outright, in order to meet GDP targets.
Three Questions: Prof. X. Frank Zhang on the Drop in Charitable Giving
Adjusted for inflation, charitable giving in the United States fell by 1.7% in 2018, We asked Prof. X. Frank Zhang what explains the decline and how policymakers can encourage more giving.
