STEVEN XIAOFAN ZHENG, Ph.D.
Department of Accounting and Finance
I. H. Asper School of Business
University of Manitoba
Winnipeg, MB, Canada R3T 5V4
Tel.: (204) 474 7933
Fax: (204) 474 7545
Teaching: Corporate Finance, Financial Markets and Institutions, Personal Financial Planning
Ph.D. in Finance State University of New York at Buffalo, 2003
Master in International Finance Southwestern University of Finance and Economics (China), 1997
Bachelor in International Finance Southwestern University of Finance and Economics (China), 1994
Apr. 2010 – Present, Associate Professor, University of Manitoba
Jul. 2002 – Mar. 2010, Assistant Professor, tenured in 2008, University of Manitoba
May 2002 – Jun. 2002, Instructor, State University of New York at Buffalo
Mar. 2002 – May 2002, Lecturer, State University of New York at Albany
Jun. 2001 – Jul. 2001, Instructor, State University of New York at Albany
Sep. 1997 – May 2001, Research Assistant, State University of New York at Buffalo
2006 The Associates’ Achievement Award on Research, Asper School of Business, University of Manitoba
Zheng, S. X., & Li, M., (2008). Underpricing, Ownership Dispersion, and Aftermarket Liquidity of IPO Stocks. Journal of Empirical Finance, 15(3), 436-454.
Zheng, S. X., & Stangeland, D. A., (2007). IPO Underpricing, Firm Quality, and Analyst Forecasts. Financial Management, 36(2), 45-64.
Zheng, S. X. (2007). Are IPOs Really Overpriced? Journal of Empirical Finance, 14(3), 287-309.
Zheng, S. X. (2007). Market Underreaction to Free Cash Flows from IPOs. The Financial Review, 42, 75-97.
Zhong, K., Gribbin, D. W., & Zheng, X. (2007). The Effect of Monitoring by Outside Blockholders on Earnings Management. Quarterly Journal of Business and Economics, 46(1), 37-60.
Zheng, S. X. (2006). Signaling and the valuation of IPOs: Regression tests. In Greg N. Gregoriou (Eds.), Initial Public Offerings: An International Perspective (297 – 309), Elsevier
Zheng, S. X., Ogden, J. P., & Jen, F. C. (2005). Pursuing Value Through Liquidity in IPOs: Underpricing, Share Retention, Lockup, and Trading Volume Relationships. Review of Quantitative Finance and Accounting, 25, 293-312.
Li, M., Zheng, S. X., & Melancon M. V. (2005). Underpricing, Share Retention, and the IPO Aftermarket Liquidity. International Journal of Managerial Finance, 1, 76-94.
EXTERNAL REVIEWER SERVICES
Acted as external reviewer for Journal of Banking and Finance, Journal of Financial Research, Financial Review, and Review of Quantitative Finance and Accounting.