For a better viewing experience, please consider updating your browser.

Please upgrade your browser for a better viewing experience.

You are currently using a browser that we no longer support.
Our website features components that only modern browsers support. To ensure that you receive the best experience while visiting the Robert Morris University website, please upgrade your browser to one of our recommended browsers below.

Google Chrome     Firefox     Internet Explorer
Please note: If you are using a version of Internet Explorer greater than IE 7, please ensure that the compatibility mode of your browser is turned off and/or that the document mode is set higher than IE 7.

What we support for Windows: Google Chrome, Mozilla Firefox, Internet Explorer 9+. Find out more about your browser.


Zhaoyun Shangguan, Ph.D.
Associate Professor of Accounting (Accounting and Taxation)
412-397-5457 phone (M)
412-397-2172 fax
Massey Hall 213

Educational Background

  • Ph.D., Accounting, University of Connecticut, 2005

Area of Expertise/Research

  • Empirical accounting and capital markets research. Recent research focuses on corporate intangible investments, cost of equity capital, voluntary disclosure, mergers and acquisitions, debt covenants, and accounting restatements.


  •  "Intangible Investment and Stock Pricing of SGA Expenses: Evidence from the InformationWeek500 Firms," Journal of Business and Economic Studies, 17(2). 2011, with R. Huang and G. S. Seow
  • "Do Firms become more Conservative after Financial Restatements?" International Journal of Accounting and Finance, 1 (4), 2009, with R. Huang and G. Vasudevan
  • "Hot and Cold Merger Markets". Review of Quantitative Finance and Accounting, 33 (4). 2009, with N.K. Chidambaran, K.John, and G. Vasudevan
  • "The Networking Function of Investment Banks: Evidence from Private Investments in Public Equity." Journal of Corporate Finance, 14, 738-752. 2008. With R. Huang and D. Zhang

Schedule of Courses
Schedule Book for All Active and Available Future Terms, Zhaoyun

Spring 2015
  • ACCT3040-B
  • 01:45-03:00 PM T RMShangguan1 (01/12-05/02/15)4 Seats
  • ACCT3040-A
  • 10:45-12:00 PM T RMShangguan1 (01/12-05/02/15)3 Seats
  • ACCT4020-A
  • 09:15-10:30 AM T RMShangguan1 (01/12-05/02/15)0 Seats
  • MBAP5012-A
  • -ONLINEIShangguan2 (01/10-03/06/15)12 Seats
  • MBAP5012-B
  • -ONLINEIShangguan4 (03/07-05/02/15)15 Seats


    6001 University Blvd. Moon Township, PA15108 800-762-0097 © 1995 – 2011 Robert Morris University. All rights reserved.