
Felix Zhiyu Feng
- Associate Professor, Department of Finance
B311 Amos Hall
Education
- PhD, Economics, Duke University
- MA, Economics, Duke University
- BA, Economics, Peking University
Publications
Journal Articles
- Feng, F.Z., Taylor, C.R., Westerfield, M.M. and Zhang, F., 2024. Setbacks, shutdowns, and overruns. Econometrica, 92(3), pp.815-847.
- Feng, F.Z., Luo, R.Y. and Michaeli, B., 2024. In search of a unicorn: Dynamic agency with endogenous investment opportunities. Journal of Accounting and Economics, 78(2-3), p.101738.
- Feng, F.Z., Wang, W., Wu, Y. and Zhang, G., 2025. Ignorance is bliss: The screening effect of (noisy) information. The Accounting Review, 100(1), pp.201-230.
- Cetemen, D., Feng, F.Z. and Urgun, C., 2023. Renegotiation and dynamic inconsistency: Contracting with non-exponential discounting. Journal of Economic Theory, 208, p.105606.
- Bakke, T.E., Feng, F.Z., Mahmudi, H. and Zhu, C.H., 2022. Foreign competition and CEO risk-incentive compensation. Journal of Corporate Finance, 76, p.102241.
- Feng, F.Z. and Westerfield, M.M., 2021. Dynamic resource allocation with hidden volatility. Journal of Financial Economics, 140(2), pp.560-581.
- Feng, F.Z., 2021. Dynamic compensation under uncertainty shocks and limited commitment. Journal of Financial and Quantitative Analysis, 56(6), pp.2039-2071.
- Feng, F.Z., Xu, Q. and Zhu, C.H., 2021. Caught in the crossfire: How the threat of hedge fund activism affects creditors. Journal of Empirical Finance, 64, pp.128-143.
- Feng, F.Z., Lu, J. and Wang, J., 2020. Productivity and liquidity management under costly financing. Journal of Corporate Finance, 63, p.101258.
Awards, Honors, and Recognition
- Bureau van Dijk Best Paper Award in Corporate Finance, 2023