Dr. Le Zhao is an Assistant Professor of Finance in the Department of Finance and
Business Law at California State University, Fresno. She teaches Principles of Finance
and International Finance. Dr. Zhao has a doctoral degree in Finance and master’s
degrees in Finance and Hospitality Management from Florida International University.
She gained admission into the competitive doctoral workshop on market microstructure
at Stockholm Business School. Her research interests lie in the areas of microstructure
and investments, with a focus on retail trading and venue competition. Her work has
been presented at various national and international conferences, including at the
Financial Management Association, Academy of International Business, World Finance
Conference, and the Eastern Finance Association.
Personal Website: https://www.lezhao.page
LinkedIn: https://www.linkedin.com/in/le-zhao-ph-d-007358255/
Market microstructure, retail trading, investment.
Jain, P.K., Mishra, S., O'Donoghue, S. and Zhao, L., 2024. Trading Volume Shares and
Market Quality: Pre-and Post-Zero Commissions. Journal of Empirical Finance. 79:101564. https://doi.org/10.1016/j.jempfin.2024.101564.
Zhao, L., Nguyen, V.H. and Li, C., 2024. The Volatility-Liquidity Dynamics of Single-Stock
ETFs. Finance Research Letters, p.106163. https://doi.org/10.1016/j.frl.2024.106163
Zhao, L., Vafai, N., Velazquez, M. and Amin, A., 2024. Follow the Leader: How Culture
Gives Rise to a Behavioral Bias That Leads to Higher Greenhouse Gas Emissions. Journal of Risk and Financial Management, 17(6), p.245. https://doi.org/10.3390/jrfm17060245
Zhao, L. and Parhizgari, A.M., 2024. Climate change, technological innovation, and
firm performance. International Review of Economics & Finance. https://doi.org/10.1016/j.iref.2024.04.025
Diala, Lucy U., Le Zhao, Fernando Parra, and Lizhu Davis. 2023.Does the HyFlex Learning
Environment Affect Student Likelihood to Whistle-Blow on Academic Dishonesty?. Journal of Leadership, Accountability and Ethics 2023 (20). https://doi.org/10.33423/jlae.v2023i20.6519.
Talukda, Bakhtear, Rafiqul Bhuyan, Shahid S. Hamid and Le Zhao. 2022. Intraday Transactions,
Volume and Volatility in Pre- and Post-Decimalization Regimes. Quarterly Journal of Finance and Accounting 60, no.3/4: 101-46.
Mishra, Suchismita, and Le Zhao. 2021. Order Routing Decisions for a Fragmented Market:
A Review. Journal of Risk and Financial Management 14, no.11:556
