Info
Associate Professor of Finance
Cathy Zheng
Dr. Cathy Zheng is an Associate Professor in the Finance Department of Bryant University. She is a CFA (Chartered Financial Analyst) charter holder. Dr. Zheng received her PhD in International Finance from University of South Carolina. Her teaching interests include international financial management, global corporate valuation, global finance, and comparative corporate governance.
Dr. Zheng’s research focuses on financial practices in a global context, incorporating corporate social responsibility, debt contracting, creditor rights, and social values. Her research work has been published in academic journals such as Journal of International Business Studies and Journal of Banking and Finance. She is a referee for business journals including Journal of Banking and Finance, Journal of Corporate Finance, Journal of Business Ethics, Asia-Pacific Journal of Financial Studies, and Journal of Applied Accounting Research.
Degrees Awarded
Ph D, University of South Carolina
Ph D, University of South Carolina
Selected Publications
Kuang, H.,Zheng, Y., Book Chapter: Climate change hits indebted businesses hardest, The Conversation and Johns Hopkins University Press.
Ascioglu, N.,Gonzales, J.,Zheng, Y., The impact of ESG integration on a student managed fund, Journal of Financial Education, 2025.
Brockman, P.,Drobetz, W.,El Ghoul, S.,Guedhami, O.,Zheng, Y., Do foreign institutional shareholders affect international contracting? Evidence from bond covenants, Journal of International Business Studies, 2024.
Dupuis, C.,Zheng, Y., Import Penetration and Corporate Misconduct: A Natural Experiment, Journal of Business Ethics, 2024.
El Ghoul, S.,Guedhami, O.,Kuang, H.,Zheng, Y., Does Climate Change Exposure Matter to Stakeholders? Evidence from the Costs of High Leverage, Review of Corporate Finance, 2024.
Guedhami, O.,Saraoglu, H.,Louton, D.,Zheng, Y., ESG Investing: A Decision-Making Paradox?, The Journal of Impact and ESG Investing, 2022.
Brockman, P.,El Ghoul, S.,Guedhami, O.,Zheng, Y., Does social trust affect international contracting? Evidence from foreign bond covenants, Journal of International Business Studies, 2022.
El Ghoul, S.,Guedhami, O.,Kwok, C. C.,Zheng, Y., The Role of Creditor Rights on Capital Structure and Product Market Interactions: International Evidence, Journal of International Business Studies, 2021.
El Ghoul, S.,Guedhami, O.,Kwok, C. C.,Zheng, Y., Collectivism and the Costs of High Leverage, Journal of Banking and Finance, 2019.
Zheng, Y.,Jiang, C., Corporate social responsibility and likelihood of financial distress. , Quarterly Review of Business Disciplines, 2019.
Bae, K.,El Ghoul, S.,Guedhami, O.,Kwok, C. C.,Zheng, Y., Does Corporate Social Responsibility Reduce the Costs of High Leverage? Evidence from Capital Structure and Product Markets Interactions, Journal of Banking and Finance, 2018.
Kuang, H.,Zheng, Y., Book Chapter: Climate change hits indebted businesses hardest, The Conversation and Johns Hopkins University Press.
Ascioglu, N.,Gonzales, J.,Zheng, Y., The impact of ESG integration on a student managed fund, Journal of Financial Education, 2025.
Brockman, P.,Drobetz, W.,El Ghoul, S.,Guedhami, O.,Zheng, Y., Do foreign institutional shareholders affect international contracting? Evidence from bond covenants, Journal of International Business Studies, 2024.
Dupuis, C.,Zheng, Y., Import Penetration and Corporate Misconduct: A Natural Experiment, Journal of Business Ethics, 2024.
El Ghoul, S.,Guedhami, O.,Kuang, H.,Zheng, Y., Does Climate Change Exposure Matter to Stakeholders? Evidence from the Costs of High Leverage, Review of Corporate Finance, 2024.
Guedhami, O.,Saraoglu, H.,Louton, D.,Zheng, Y., ESG Investing: A Decision-Making Paradox?, The Journal of Impact and ESG Investing, 2022.
Brockman, P.,El Ghoul, S.,Guedhami, O.,Zheng, Y., Does social trust affect international contracting? Evidence from foreign bond covenants, Journal of International Business Studies, 2022.
El Ghoul, S.,Guedhami, O.,Kwok, C. C.,Zheng, Y., The Role of Creditor Rights on Capital Structure and Product Market Interactions: International Evidence, Journal of International Business Studies, 2021.
El Ghoul, S.,Guedhami, O.,Kwok, C. C.,Zheng, Y., Collectivism and the Costs of High Leverage, Journal of Banking and Finance, 2019.
Zheng, Y.,Jiang, C., Corporate social responsibility and likelihood of financial distress. , Quarterly Review of Business Disciplines, 2019.
Bae, K.,El Ghoul, S.,Guedhami, O.,Kwok, C. C.,Zheng, Y., Does Corporate Social Responsibility Reduce the Costs of High Leverage? Evidence from Capital Structure and Product Markets Interactions, Journal of Banking and Finance, 2018.
Awards and Honors
Honors Faculty Mentorship Award, 2025
IB Research Award, 2025
Excellent Service Program Chair of the 2024 AIB NE Conference, 2024
Summer Grant, 2024
Recognition as Top contributing reviewer at Journal of Business Ethics, 2024
Summer Grant, 2023
IB Research Award, 2023
College of Business Dean's Award, 2023
Best Early Career Paper Award, 2022
Outstanding Reviewer Contribution, 2021
IB Research Award, 2020
Summer Grant, 2018
Travel Grant, Darla Moore School of Business , 2017
Honors Faculty Mentorship Award, 2025
IB Research Award, 2025
Excellent Service Program Chair of the 2024 AIB NE Conference, 2024
Summer Grant, 2024
Recognition as Top contributing reviewer at Journal of Business Ethics, 2024
Summer Grant, 2023
IB Research Award, 2023
College of Business Dean's Award, 2023
Best Early Career Paper Award, 2022
Outstanding Reviewer Contribution, 2021
IB Research Award, 2020
Summer Grant, 2018
Travel Grant, Darla Moore School of Business , 2017
Teaching Interests
International Financial Management, Global Corporate Valuation, Corporate Finance, Investment, (International) Corporate Governance, Financial Markets and Institutions
International Financial Management, Global Corporate Valuation, Corporate Finance, Investment, (International) Corporate Governance, Financial Markets and Institutions
Research Interests
International Finance, Corporate Finance
International Finance, Corporate Finance
Professional Memberships
CFA Institute
Eastern Finance Association
American Finance Association
Academy of International Business
Financial Management Association
CFA Institute
Eastern Finance Association
American Finance Association
Academy of International Business
Financial Management Association