Lu Zhang

Lu Zhang is The John W. Galbreath Chair in Finance and Professor of Finance at Fisher College of Business, The Ohio State University. He also serves as a Research Associate at the National Bureau of Economic Research (Asset Pricing program) and as Associate Editor for the Journal of Financial Economics and Journal of Financial and Quantitative Analysis. Previously, he taught at the University of Michigan and University of Rochester.

Research Focus: Dr. Zhang specializes in asset pricing, integrating macroeconomics, corporate finance, labor economics, and capital markets research in accounting. His groundbreaking contributions include the investment CAPM and the q-factor model, which address asset pricing anomalies and serve as foundational tools in academic and investment management sectors.

Recent Publications: His recent work spans topics such as firm-level irreversibility, endogenous disasters in economic modeling, and the integration of expected growth into the q-factor model. These studies reflect his focus on bridging macroeconomic dynamics with financial markets.

Scientific Awards:

• Smith-Breeden Award for Best Paper (2005)
• Spängler IQAM Best Paper Prize (2019)
• Editor’s Choice, Lead Article (2015)

Teaching: Dr. Zhang teaches courses ranging from undergraduate to PhD levels, including Investment Management, Derivative Securities, and Advanced Asset Pricing. In 2015, he received the Outstanding Working Professional MBA Elective Faculty Award at Ohio State.