Prof. Haifeng YOU
Professor achy@ust.hk




Academic qualifications
PhD 2007 University of California, Berkeley, CA, USA
MA 2002 The Ohio State University, Columbus, OH, USA
BA 2001 Peking University, Beijing, China

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ACADEMIC AND PROFESSIONAL EXPERIENCEProfessor, The Hong Kong University of Science and Technology (HKUST), 07/2021 - present
Associate Professor, The Hong Kong University of Science and Technology (HKUST)
07/2014 - 06/2021
Assistant Professor, The Hong Kong University of Science and Technology (HKUST), 07/2009 - 06/2014
Consultant, GSA Capital Partners LLP, 10/2012 - present
Senior Advisor of Quantitative Investment, Bosera Asset Management Co Ltd, 08/2009 - 11/2012
Quantitative Equity Researcher, Barclays Global Investors, 06/2007 - 07/2009

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PUBLICATIONS "Understanding the Determinants of Analyst Target Price Implied Returns." The Accounting Review, V. 95 (6), 30 June 2020, p. 125-149 (with Patricia Dechow)
"What is the value of sell-side analysts? Evidence from coverage initiations and terminations." Journal of Accounting and Economics, V 60, Issue 2-3, Nov-Dec 2015, pp 141-160. (with Kevin K Li)
"Wealth Transfers via Equity Transactions."Journal of Financial Economics. (2015) 118(1): 93-112. (with Richard Sloan.)
"Valuation-driven Profit Transfer among Corporate Segments."Reviewof Accounting Studies,(2014) 19(2): 805-838.
"Analysts' Motives for Rounding EPS Forecasts." TheAccountingReview.(2012) 87(6): 1939-1966.(with Patricia Dechow.)
"Mandatory IFRS Adoption and the Contractual Usefulness of Accounting Information in Executive Compensation."Journal of Accounting Research(2012) 50(4): 1077-1107. (with Neslihan Ozkan and Zvi Singer.)
"What Drives Stock Prices Move? Fundamentals vs. Investor Recognition.".Financial Analyst Journal(2012) 68 (2): 30-50.(with Scott Richardson and Richard Sloan.)
"A Study of Firms Surrounding the Threshold of Sarbanes-Oxley Section 404 Compliance."Advances in Accounting(2012) 28 (1): 96-110.(with Maria Nondorf and Zvi Singer.)
"The Effect of Section 404 of the Sarbanes-Oxley Act on Earnings Quality."Journal of Accounting, Auditing and Finance. July 2011 Vol. 26, 3: 556-589. (with Zvi Singer.)
"The Federal Deposit Insurance Corporation Improvement Act, Bank Internal Controls and Financial Reporting Quality."Journal of Accounting and Economics(2010) 49 Vol. 1-2: 75-83.(with Ryan LaFond).
"Financial Information Complexity and Investor Underreaction to 10 - K Information."Review of Accounting Studies(2009)14:559-586. (with Xiao-Jun Zhang.)

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HONORS AND AWARDSBest Research Paper Award, AAA Western Regional Meeting, April 2007
Forbes Doctoral Fellowship, UC Berkeley, 2005-2006
Maurice Moonitz Doctoral Fellowship, UC Berkeley, 2003-2006
University Fellowship, Ohio State University, 2001-2002

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PROFESSIONAL MEMBERSHIPSMember of American Accounting Association
Member of CFA Institute