Jenny Li Zhang Present University of British Columbia Vancouver, BC, Canada Assistant Professor of Accounting

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Jenny Li Zhang Sauder School of Business Office: (604) 822-0791 Fax: (604) 822-9470 2053 Main Mall, Vancouver, BC Email: jenny.zhang@sauder.ubc.ca Canada V6T 1Z2 APPOINTMENT 2009- Present Vancouver, BC, Canada Assistant Professor of Accounting EDUCATION 2004 2009 The University of Washington Seattle, WA Accounting Ph.D. 2002 2004 The University of Utah Salt Lake City, UT Master of Business Administration (Accounting and Finance), June 2004 1996 2000 Peking University Beijing, P.R. China Bachelor of Business Administration (Marketing), July 2000 RESEARCH Publications: 1. What Are the Consequences of Board Destaggering? Coauthors: Weili Ge and Lloyd Tanlu Review of Accounting Studies 2016, forthcoming 2. CEO Incentives and the Health of Defined Benefit Pension Plans Coauthors: Joy Begley, Sandra Chamberlain, and Shuo Yang Review of Accounting Studies 2015, Volume 20 (3). 3. The effect of manager-specific optimism on the tone of earnings conference calls Coauthors: Angela Davis, Weili Ge, and Dawn Matsumoto Review of Accounting Studies 2015, Volume 20 (2). 4. Restoring the Tower of Babel: How Foreign Firms Communicate with US Investors Coauthors: Russell Lundholm and Rafael Rogo The Accounting Review 2014, Volume 89 (4) Page 1 of 5

5. Do CFOs Have Styles of Their Own? An Empirical Investigation of the Effect of Individual CFOs on Accounting Practices Coauthors: Weili Ge and Dawn Matsumoto Contemporary Accounting Research 2011, Volume 28 (4) Working papers: 1. Say on Pay Votes and CEO Compensation Coauthors: Kin Lo and Shuo Yang 2. Does short selling mitigate optimism in financial analyst forecast? Evidence from a randomized experiment Coauthors: Yun Ke, Kin Lo, and Jinfei Sheng 3. What are the costs of admitting mistakes for foreign firms Coauthors: Weili Ge, Dawn Matsumoto, and Emily Jing Wang Work-in-progress: 1. Economic Determinants for Defined Benefit Pension Plan Freezes Coauthors: Joy Begley, Sandra Chamberlain, and Shuo Yang 2. Recent Trends in Restatement Announcements Coauthor: Emily Jing Wang MEDIA COVERAGE 1. Restoring the Tower of Babel: How Foreign Firms Communicate with US Investors with Russell Lundholm and Rafael Rogo (2014 The Accounting Review): How Foreign Firms Communicate with US Investors by R. Christopher Small, Coeditor, Harvard Law School Forum on Corporate Governance and Financial Regulation, on Tuesday June 17, 2014 Firms Far from the U.S. Write More Clearly - Sarah Green - Harvard Business Review Forum, June 26, 2014. Market Review, The Times of India, May 5, 2014. Russia Crushes the U.S. in Corporate Disclosure Quality BusinessWeek, By Eric Chemi, April 30, 2014. 2. The effect of manager-specific optimism on the tone of earnings conference calls (2015 Review of Accounting Studies): Happy-go-lucky bosses contribute to stock upswing, The Times of India, January 16, 2015 Happy-go-lucky CEOs boost stock prices, Metro by Thandi Fletcher, December 11, Page 2 of 5

2014 An optimistic CEO translates to a better bottom line Business in Vancouver by Jen St. Denis, December 11, 2014 Happy-go-lucky bosses contribute to stock upswing Vancouver Desi, December 12, 2014 TEACHING EXPERIENCE 2012-present 2012-present 2009-present Advanced Topics in Empirical Accounting Research (PhD) Research Seminar in Accounting (PhD) Intermediate Financial Accounting I (undergraduate) 2005-2009 University of Washington -Teaching Assistant Introductory Managerial Accounting (undergraduate) Introductory Financial Accounting (undergraduate) SERVICE Ad hoc reviewer for: - The Accounting Review - Contemporary Accounting Research - Review of Accounting Studies - Asia Pacific Management Review - Accounting & Finance - Accounting Horizons - Review of Accounting Studies Conference - Contemporary Accounting Research Conference - AAA Annual meeting - CAAA Annual meeting - CAPANA Conference American Accounting Association Annual Meeting New York (2016) - Section liaison responsible for evaluating 27 papers on economic consequences of accounting standards submitted to 2016 AAA meeting Dissertation Committee Member for: - Yi Duo Member of the Awards and Performance Advisory Committee (APAC): 2015-2016 Page 3 of 5

Mermber of the Library /Canaccord Learnings Commons Committee: 2014-2015 Member of Sauder Research Committee: 2012-2014. AWARDS AND HONORS Global Business Center Doctoral Fellowship Recipient (2007) University of Washington Cox Accounting Fellowship Recipient (2006) University of Washington Business School Lorig Fellowship Recipient (2006) University of Utah David Eccles Endowed Fellowship Recipient (2002 2004) RESEARCH GRANTS CAAA Research Grant $8,500 (2016-2017) UBC Bridge Funding Grant $2,500 (2015-2016) Sauder School of Business Research Award $10,000 (2015-2016) SSHRC Research Grant: $108,600(2014-2016) (Co-applicant) CAAA Research Grant: $6,500 (2013-2014) (Co-applicant) SSHRC Research Grant: $62,500 (2010-2012) (Principal Investigator) Sauder Exploratory Grant $7,000 (2012), $8,000 (2013), $8,000 (2014) Dean s Travel Grant: $2,000 (2009), $2,000 (2011), $2,500 (2012) PRESENTATIONS University of Utah 2015 London School of Economics and Political Science 2015 University of Washington at Bothell 2015 University of Toronto 2014 Review of Accounting Studies Conference 2014 University of Texas at Dallas 2012 University of Alberta 2009 University of Waterloo 2009 Hong Kong University of Science and Technology 2009 University of Hong Kong 2009 Chinese University of Hong Kong 2009 Singapore Management University 2009 National University of Singapore 2009 HEC Business School 2009 ESSEC Business School 2009 University of Washington 2009 University of Washington 2007 University of Washington 2005 AAA Annual Meeting, Chicago, USA 2015 CAAA Annual Meeting, Edmonton, Alberta, Canada 2014 Financial Accounting & Reporting Section (FARS) Midyear Meeting, San Diego, 2013 Page 4 of 5

UBCOW Conference, Vancouver, 2012 AAA Annual Meeting, Washington D.C., 2012 CAPANA Annual Conference, Xian, China. July 2012 CAAA Annual Meeting, Charlottetown, Prince Edward Island, Canada, 2012 UBCOW conference, Seattle, 2011 AAA Annual Meeting, New York, 2009 Financial Accounting & Reporting Section (FARS) Midyear Meeting, New Orleans, 2009 AAA Annual Meeting, Anaheim, 2008 Page 5 of 5