Ryan Black
Thursday, November 3, 2016 - 8:00pm

Dr. Hao Zhang, an Associate Professor at RIT’s Saunders College of Business, has recently had he and his colleague’s Carl Hsin-han Shen (himself an Associate Professor of Finance at National Central University) work recognized by the Harvard Law School Forum on Corporate Governance and Financial Regulation.

Dr. Hao Zhang

With an audience of over 70,000 monthly readers, the Forum is considered by many to be the top online resource for guiding both policies and the dialogue surrounding corporate governance. Both law review articles and regulatory materials often reference its content.

A post on Zhang and Shen’s upcoming article in the “Review of Finance” journal was one of the latest additions. Titled “Tournament Incentives and Firm Innovation”, their research delves into the ongoing debate over the pay disparity between CEOs and workers; and its impact on the performance of corporate firms (particularly risk-taking and innovation).

Influential with Academia, Law Makers, Government Regulators and Law & Finance Professionals alike, the forum’s board members include several notable and successful figures. Including Professor Lucian Bebchuk, William Ackman (a hedge fund mogul), Carl Icahn, Theodore Mirvis, and several big names of industry.

Upon completing his research and sabbatical, Dr. Hao Zhang is to return to Saunders with a new found set of knowledge to impart to students.


Saunders College of Business is one of nine colleges at Rochester Institute of Technology and is accredited by the Association to Advance Collegiate Schools of Business International (AACSB). Recognized and ranked, Saunders is home to more than 2,000 enrolled students with over 18,000 alumni worldwide. Partnerships with RIT’s Venture Creations incubator and top ranked Albert J. Simone Center for Student Innovation and Entrepreneurship help Saunders College deliver a business education that is integrated with RIT’s world-leading technical and creative programs. Saunders College offers undergraduate (BS), Masters (MS), Masters of Business Administration (MBA), and Executive MBA (EMBA) programs where students gain real-world business experiences in the classroom and through cooperative education programs.