Felix Zhiyu Feng
- Acting Assistant Professor of Finance and Business Economics
Education
- PhD Duke University (2014)
- BA Peking University (2007)
Academic Expertise
- corporate finance
- corporate governance
- financial economics
- managerial economics
- microeconomics
- risk management
Positions Held
- At the University of Washington since 2019
- Assistant Professor of Economics, University of Notre Dame, 2014-present
Selected Publications
“Ignorance Is Bliss: The Screening Effect of (Noisy) Information“
Feng, F.Z., Wang, W., Wu, Y., and Zhang, G., (forthcoming). The Accounting Review
“In Search of A Unicorn“
Feng, F.Z., Luo, Y., and Michaeli B., (forthcoming). Journal of Accounting and Economics
“Setbacks, Shutdowns, and Overruns“
Feng, F., Taylor, C.R., Westerfield, M., Zhang, F., (2024). Econometrica, Vol. 92(3), pp. 815-847.
“Renegotiation and Dynamic Inconsistency: Contracting with Non-Exponential Discounting“
Cetemen, D., Feng, F.Z., Urgun, C., (2023). Journal of Economic Theory, Vol. 208(105606)
“Foreign Competition and CEO Risk-Incentive Compensation“
Erik-Bakke, T., Feng, F.Z., Mahmudi, H., and Zhu, C., (2022). Journal of Corporate Finance, Vol. 76(102241)
“Dynamic Compensation Under Uncertainty Shocks and Limited Commitment“
Feng, F. , (2021). The Journal of Financial and Quantitative Analysis, Vol. 56(6), pp. 20-39-2071.
“Caught in the Crossfire: How the Threat of Hedge Fund Activism Affects Creditors“
Feng, F.Z., Xu, Q., and Zhu Q., (2021). Journal of Empirical Finance, Vol. 64, pp. 128-143.
“Dynamic Resource Allocation with Hidden Volatility“
Feng, F. Z., and Westerfield, M, (2021). Journal of Financial Economics, Vol. 140(2), pp. 560-581.
“Productivity and Liquidity Management Under Costly Financing“
Feng, F.Z., Lu, J., and Wang, J., (2020). Journal of Corporate Finance, Vol. 63,
Working Papers
- “The Incentives of SPAC Sponsors” with Tom Nohel, Xuan Tian, Wenyu Wang, and Yufeng Wu
- “Buying In and Selling Out: The Dynamic Returns to Investing in Expertise” with Mark Westerfield
- “Progress, Delays, and the Timeliness of Reporting” with Gaoqing Zhang