Metadata
Title
ZANG, Amy
Category
undergraduate
UUID
1a308e46baf54c118ff1a627c9ae6026
Source URL
https://bm.hkust.edu.hk/faculty/zang-amy
Parent URL
https://bm.hkust.edu.hk/bizinsight/fintech-and-ai-business
Crawl Time
2026-03-24T05:24:43+00:00
Rendered Raw Markdown

ZANG, Amy

Source: https://bm.hkust.edu.hk/faculty/zang-amy Parent: https://bm.hkust.edu.hk/bizinsight/fintech-and-ai-business

ZANG, Amy

Associate Professor

Department of Accounting

View Profile

Recent Activities

HUANG, Allen

LIN, An-Ping

ZANG, Amy

Collaborating to Produce High-Quality Research

Financial Analysts

Supply Chain

Analyst Forecasts

Industry Insights

Sell-side financial analysts produce, acquire, and disseminate information, playing an important intermediary role in capital markets. Such analysts typically work alongside other analysts in brokerage houses. However, there is only limited understanding of how they collaborate, as most studies have treated financial analysts as isolated figures. HKUST ... Read More

[ BizStudies ]

Read Full Paper

HUANG, Allen

LIN, An-Ping

ZANG, Amy

Collaborating to Produce High-Quality Research

Financial Analysts

Supply Chain

Analyst Forecasts

Industry Insights

Sell-side financial analysts produce, acquire, and disseminate information, playing an important intermediary role in capital markets. Such analysts typically work alongside other analysts in brokerage houses. However, there is only limited understanding of how they collaborate, as most studies have treated financial analysts as isolated figures. HKUST ... Read More

[ BizBites ]

Watch Video Read Full Paper

HUANG, Allen

SHEN, Jianghua

ZANG, Amy

Risk Disclosure Law Has an Unexpected Upside

Risk Management

Information Disclosure

Accounting Irregularities

Litigation

Publicly-traded firms in the U.S. are legally required to disclose the material risks they face. Although the regulation was designed to protect investors, research by HKUST’s Allen H. Huang and Amy Y. Zang shows that it has unintended benefits for firms too. Working with a graduate of HKUST’s Accounting Ph.D. program, they explored how the legal language of ... Read More

[ BizStudies ]

Read Full Paper

ZANG, Amy

LEHAVY, Reuven

HUANG, Allen

ZHENG, Rong

The Value of Analyst Reports

Financial Analysts

Firm Behavior

Invester Behavior

When a firm discloses important corporate information, analysts are usually right on their tail with reports about what was said. A new study has confirmed that these reports serve a valuable function for investors because they interpret, flesh out and confirm managers’ statements. The study, by Allen Huang, Reuven Lehavy, Amy Zang and Rong Zheng, used an ... Read More

[ BizStudies ] [ Fintech and AI in Business ]

Read Full Paper

ZANG, Amy

Evidence of Trade-Offs in Earnings Management

When earnings fall short of targets or don’t achieve a desired strategic goal, managers often engage in earnings management. These manipulations can either take place during the fiscal year – one survey found 80 per cent of Chief Financial Officers had decreased R&D, advertising and maintenance expenditures to deliver earnings – or they can occur after the ... Read More

[ BizStudies ]

Read Full Paper

FRANCIS, Jennifer

HUANG, Allen

RAJGOPAL, Shivaram

ZANG, Amy

CEO Reputation and Earnings Quality

The impact of CEO quality on firm decisions is a question that has not been much explored from an accounting point of view. Yet there is strong evidence that CEO reputation can matter here. For instance, manager reputation and career concerns have been shown to affect the assessments of users of financial statements on reporting quality, as well as the ... Read More

[ BizStudies ]

Read Full Paper