Baer, Leah; Ertimur, Yonca; Zhang, Jingjing. 2023. The Accounting Review. 98 (7): 33鈥59. We examine outside board appointments of executives allegedly involved in governance failures鈥斺渢ainted鈥 executives鈥攖o shed light on appointing firms鈥 underlying motivations. Less attractive firms and those with greater advising needs are more likely to appoint tainted executives to...
Rui Zhang, Saied Samiedaluie, and Dan Zhang. 2022. Product-based Approximate Linear Programs for Network Revenue Management . Operations Research , 70(5):2837-2850. The approximate linear programming approach has received significant attention in the network revenue management literature. A popular approximation in the existing literature is separable piecewise linear (SPL) approximation, which...
Dain Donelson , Laura Kettell , John McInnis and Sara Toynbee. Journal of Accounting and Economics , 2022, vol. 73, issue 1 Several recent studies argue that the adoption of universal demand (UD) laws represent an exogenous decline in litigation risk by increasing the procedural hurdles associated with shareholder derivative...
Qian Liu, Yongbo Xiao, and Dan Zhang. 2022. Opaque Selling of Multiple Substitutable Products with Finite Inventories . Naval Research Logistics , 69(4):529-549. Opaque selling, in which a seller offers opaque goods (OGs), in addition to physical goods, has been shown to be an effective strategy to segment a market...
Yan Liu, Yacheng Sun, and Dan Zhang. 2021. An Analysis of "Buy X, Get One Free" Reward Programs . Operations Research , 69(6): 1823-1841. We study the effects of redemption hurdles on reward program members鈥 decision-making and firm profitability. We focus on the popular 鈥淏uy X, Get One Free鈥 (BXGO)...
Zhang, H., Chao, X., & Shi, C. (2020). Closing the gap: A learning algorithm for lost-sales inventory systems with lead times. Management Science, 66(5), 1962-1980. https://doi.org/10.1287/mnsc.2019.3288
Guren, A. M., & McQuade, T. J. (2020). How do foreclosures exacerbate housing downturns? The Review of Economic Studies, 87(3), 1331-1364. https://doi.org/10.1093/restud/rdaa001
Laurion, H. (2020). Implications of non-GAAP earnings for real activities and accounting choices. Journal of Accounting & Economics, 70(1), 101333. https://doi.org/10.1016/j.jacceco.2020.101333
Hand, John R. M.; Laurion, Henry; Lawrence, Alastair; Martin, Nicholas. 2021. Review of Accounting Studies . Since 2001, the number of financial statement line items forecasted by analysts and managers that I/B/E/S and FactSet capture in their data feeds has soared. Using this new data, we find that 13 item...