Research output per year
Research output per year
Personal profile
Personal profile
Zhangfan Cao is an Associate Professor in Accounting at the Nottingham University Business School China. Zhangfan received his Ph.D. in Accounting and Finance from the University of Edinburgh and was a visiting scholar at the University of Michigan, Ann Arbor.
His research focuses on market-based accounting research, corporate finance and governance, supply chain finance, ESG, and capital market. He has published in ABS-listed 3 and 4-star journals, including Journal of Corporate Finance, Journal of Banking and Finance, Financial Management, British Journal of Management, Regional Studies, British Accounting Review, Corporate Governance: An International Review, International Business Review, and Journal of Business Research among others.
Research Interests
Zhangfan's research interests are mainly in the areas of market-based accounting research, corporate finance, ESG, and capital markets. In particular, Zhangfan's research is keen on understanding how non-financial stakeholders and other intangible assets, along with non-financial information, influence and interact with capital markets.
Person Types
- Staff
Expertise related to UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
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SDG 7 Affordable and Clean Energy -
SDG 8 Decent Work and Economic Growth -
SDG 9 Industry, Innovation, and Infrastructure -
SDG 12 Responsible Consumption and Production -
SDG 13 Climate Action
Prizes
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Second prize for the 9th Yinzhou District Excellent Achievements in Philosophy and Social Science
Cao, Z. (Recipient), 13 Jan 2026
Prize
Research output
- 16 Article
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Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency
Cao, Z. & Rees, W., Dec 2020, In: Journal of Corporate Finance. 65, 101744.Research output: Journal Publication › Article › peer-review
186 Link opens in a new tab Citations (Scopus) -
Does trade secret protection spur human capital investment? Evidence from the Inevitable Disclosure Doctrine
Chen, S. X., Cao, Z. & Zheng, X., Dec 2025, In: Journal of Banking and Finance. 181, 107559.Research output: Journal Publication › Article › peer-review
2 Link opens in a new tab Citations (Scopus) -
Dissecting the influence of geopolitical risks on employment decisions: The role of employment protection across countries
Ji, J., Cao, Z., Zhang, C. Y. & Zheng, X., Jun 2026, In: Journal of Corporate Finance. 99, 102988.Research output: Journal Publication › Article › peer-review
Open Access1 Link opens in a new tab Citation (Scopus) -
Do corporate site visits affect the informational role of independent directors?
Cao, Z., Wang, Q. & Lee, E., 21 Apr 2024, In: Financial Management. 53, 4, p. 867-903 37 p.Research output: Journal Publication › Article › peer-review
10 Link opens in a new tab Citations (Scopus) -
The effect of CEO locality on the cost of debt financing: The role of regional heterogeneity
Cao, Z., Tong, Y. & Tian, Y., 10 Nov 2023, In: Regional Studies.Research output: Journal Publication › Article › peer-review
9 Link opens in a new tab Citations (Scopus)