Carson College of Business Faculty Directory

Carson College Directory

Hanjiang Zhang

Associate Professor
Finance and Management Science


Phone: (509) 335-3797


  • Other (Univeristy of Texas at Austin)
  • PhD (George Mason University)
  • MA (University of Ottawa)
  • BA (Nankai University)
  • MA (Nankai University)

Hanjiang Zhang

Dr. Hanjiang Zhang joined the Carson College of Business at Washington State University from the Securities and Exchange Commission. Prior to that, she taught in the business schools at the University of Texas at Austin and the Nanyang Technological University in Singapore. Her research interests are mutual funds and investments. She published in top journals such as the Journal of Finance, Review of Financial Studies and the American Economic Review papers and proceedings. Her work also won top prizes such as the Kepos Capital Award for the Best Paper on Investments at the Western Finance Association 2014 meeting, as well as the Best Paper Award in Investments at the Financial Management Association 2011 European Conference. Personal website:

Journal Articles

  • Hanjiang Zhang, Jay Wang, Xinde Zhang Bond Mutual Funds and Liquidity Provision in the Corporate Bond Market Journal of Financial & Quantitative Analysis, 2020
  • Clemens Sialm, Hanjiang Zhang Tax Efficient Asset Management: Evidence from Equity Mutual Funds The Journal of Finance, 2020
  • Veronika Pool, Noah Stoffman, Scott Yonker, Hanjiang Zhang Do Shocks to Personal Wealth Affect Risk Taking in Delegated Portfolios? Review of Financial Studies, 2019
  • Clemens Sialm, Laura Starks, Hanjiang Zhang Defined Contribution Pension Plans: Mutual Fund Asset Allocation Changes American Economic Review Papers & Proceedings, 2015
  • Clemens Sialm, Laura Starks, Hanjiang Zhang Defined Contribution Pension Plans: Sticky or Discerning Money? The Journal of Finance, 2015
  • Jennifer Huang, Clemens Sialm, Hanjiang Zhang Risk Shifting and Mutual Fund Performance Review of Financial Studies, 2011
  • Hanjiang Zhang, Willem Thorbecke Monetary Policy Surprises and Interest Rates: Choosing between the Inflation-Revelation and Excess Sensitivity Hypotheses Southern Economic Journal, 2009