Phone: +86 10-8518 8858 ext. 8103
Professor of Finance
Academic Director for FMBA
PhD, Massachusetts Institute of Technology
Areas of Expertise: Corporate Finance, Government Debt, Internal Capital Allocation, Investment Strategy, Liquidity and Asset Pricing, Mutual Funds, Stock Market Crashes, Taxes
Jennifer Huang received her PhD from the MIT Sloan School of Business in 2003. She is a Professor of Finance at CKGSB. Dr Huang sits on the editorial boards of Journal of Pension Economics and Finance, International Review of Applied Financial Issues and Economics, and International Review of Finance.
MIT Sloan School of Management, Ph.D. in Finance
MIT Mathematics Department, M.S. in Applied Mathematics
University of Science and Technology of China, Special Program for the Gifted Young Students, Computer Science.
• Discretionary Stock Trading Suspension (with Donghui Shi, Zhongzhi Song, and Bin Zhao, July 2018)
• Why Do We Have So Many Funds? The Organizational Structure of Mutual Fund Families (with Zhigang Qiu, Yuehua Tang, and Xiaoyu Xu, May 2018)
• The Separation of Alpha and Beta in the Money Management Industry (with Zhigang Qiu, November 2017)
• Optimal Liquidity Policy (with Jiang Wang, November 2017)
• Investor Learning and Mutual Fund Flows (with Kelsey D. Wei and Hong Yan, March 2012)
• Internal Capital Allocation and Firm Performance (with Ilan Guedj and Johan Sulaeman, September 2009)
• Are ETFs Replacing Index Mutual Funds? (with Ilan Guedj, April 2009, received 2007 McCombs Research Excellence Grant and 2008 Q-group Grant)
• Government Debt and Corporate Leverage: International Evidence (with Irem Demirci and Clemens Sialm, April 2018, forthcoming, Journal of Financial Economics)
• Complex Mortgages (with Gene Amromin, Clemens Sialm, and Edward Zhong, Review of Finance, 2018, 1975–2007)
• Risk Shifting and Mutual Fund Performance (with Clemens Sialm and Hanjiang Zhang, Review of Financial Studies, 24 (8), 2011, 2575-2616)
• Market Liquidity, Asset Prices, and Welfare (with Jiang Wang, Journal of Financial Economics, 95(1), 2010, 107-127, received the best paper award for DeGroote/IIROC 3rd Annual Conference on Market Structure and Market Integrity)
• Liquidity and Market Crashes (with Jiang Wang, Review of Financial Studies, 22(7), 2009, 2607-2643, received NYSE Award for the best paper on equity trading at 2007 WFA and 2007 Morgan Stanley Equity Market Microstructure Research Grant)
• Taxable and Tax-Deferred Investing: A Tax-Arbitrage Approach (Review of Financial Studies, 21(5), 2008, 2173-2207)
• Participation Costs and the Sensitivity of Fund Flows to Past Performance (with Kelsey D. Wei and Hong Yan, Journal of Finance, 62 (3), 2007, 1273-1311)
• The Tradeoff between Mortgage Prepayments and Tax-Deferred Retirement Savings (with Gene Amromin and Clemens Sialm, Journal of Public Economics, 91, 2007, 2014-2040, finalist for the 2008 TIAA-CREF Paul A. Samuelson Award)
• Are Stocks Desirable in Tax-Deferred Accounts? (with Lorenzo Garlappi, Journal of Public Economics, 90 (12), 2006, 2257-2283)
• Market Structure, Security Prices and Informational Efficiency (with Jiang Wang, Macroeconomic Dynamics, 1, 1997, 169-205 )
February 19, 2020
Dear all students, staff and members of the CKGSB community,
As the public health emergency caused by COVID-19 is still ongoing, I hope you are all staying safe and healthy. The safety of our staff and students are our top priority at this point, which is why all staff members will work remotely for the time being. In addition, we will offer online learning to our students, in order to continue our curriculum offering, and provide a series of webinars for the wider community on relevant topics.
Fundamental to the core of Cheung Kong Graduate School of Business’ (CKGSB) vision is to cultivate transformative business leaders with a strong sense of social responsibility. To this extent, I’m extremely proud to see the CKGSB community coming together in recent weeks to provide support through donations big and small. Meanwhile, our professors are examining the economic and social impact of the virus and will continue to release data and analysis in the coming weeks.
We will continue to support relief efforts and work together with government agencies, private corporations and international organizations in a meaningful way. Our thoughts and wishes are with all of the people affected by the COVID-19.
Professor of China Business and Globalization
Cheung Kong Graduate School of Business