Bingxu Fang, Ph.D., CFA
Assistant Professor
School of Accountancy
Singapore Management University
60 Stamford Rd, Singapore 178900
Email: bxfang@smu.edu.sg
Office Tel: (+65) 6826-4836
My research interests include information intermediaries, valuation, and bankruptcy
Publications
The Effects of MiFID II on Sell-Side Analysts, Buy-Side Analysts, and Firms, Review of Accounting Studies (2020) 25(3): 855–902.
(with Ole-Kristian Hope, Zhongwei Huang, and Rucsandra Moldovan)
Presented at the 2019 Review of Accounting Studies (RAST) Conference
Best Paper Award, FARS Midyear Meeting 2020
Media Coverage: Institutional Investor, IR Magazine, Euromoney, Finanz und Wirtschaft, S&P Global Market Intelligence
Analyst Teams, Review of Accounting Studies (2021) 26(2), 425–467
(with Ole-Kristian Hope)
Industry Peer Information and the Equity Valuation Accuracy of Firms Emerging from Chapter 11, Management Science, forthcoming.
(with Sasan Saiy and Dushyant Vyas)
Working Papers
Machine Learning, Earnings Forecasting, and Implied Cost of Capital - US and International Evidence, R&R.
(with Akash Chattopadhyay and Partha Mohanram)
Breaking the Language Barriers? Machine Translation Technology and Analysts’ Forecasts for Multinational Firms, R&R.
(with Pengkai Lin)
The Relevance of Key Performance Indicators to the Credit Market: Evidence from Credit Default Swaps, solo-authored.
Non-Refereed Publications
The Relevance of Non-Financial Key Performance Indicators, with Partha Mohanram and Dushyant Vyas. White Paper (2020), Professional Accounting Center, University of Toronto
Nonfinancial KPIs are value-relevant to the stock market. But the market fails to fully incorporate the information of KPIs into stock prices when the firm's information environment is opaque.
Teaching
Singapore Management University
Management Accounting
Rotman School of Management, University of Toronto
Management Accounting (Rotman Undergraduate), 2019
Data Bases, Programming, and Applied Econometrics (First Year Accounting PhD), 2017