Headed by Professor Henry Cao, the CKGSB Center for Financial Research is committed to forward-looking and innovative research in the areas of capital markets, corporate finance, and international finance. Through professional journals and academic discussion, the center seeks to provide analysis, suggestions, and solutions to government organizations, companies, financial practitioners, and ordinary investors. The center also aims to offer ideas and methods to help advance the level of financial services in China and promote the adoption of international standards.
Recent Center for Financial Research seminars:
Seminar Schedule » Brown Bag
Date | Speaker Name | Speaker Affiliation | Field | Topic |
2019/5/28 | Fenghua Song | Pennsylvania State University | Finance | TBC |
2019/5/14 | Michael Schwert | The Wharton School, | Finance | The Effects of Transparency on Trading Profits and Price Informativeness: Evidence from Corporate Bonds |
2019/5/7 | Ye Li | The Ohio State University Fisher College of Business | Finance | Tokenomics: Dynamic Adoption and Valuation |
2019/4/23 | Xiaomeng Lu | SAIF | Finance | Bubble-Creating Stock Market Attacks: Evidence from China |
2019/4/23 | Xiaomeng Lu | SAIF | Finance | Bubble-Creating Stock Market Attacks: Evidence from China |
2019/4/16 | Martin Oehmke | London School of Economics | Finance | The Tragedy of Complexity |
2019/4/9 | Ryan Israelsen | Broad College of Business, Michigan State University | Finance | Information Consumption and Asset Pricing |
2019/3/26 | Allaudeen Hameed | NUS | Finance | Option Volume and Anomalies |
2019/3/19 | Boris Nikolov | University of Lausanne | Finance | The Sources of Financing Constraints |
2019/3/5 | Grace Hu | University of Hong Kong | Finance | Premium for Heightened Uncertainty: Solving the FOMC Puzzle |
2019/2/26 | Shaojun Zhang | The Ohio State University | Finance | Limited Risk Sharing and International Equity Returns |
2019/1/14 | Su Wang | London School of Economics and Political Science | Finance | Young Firm Manager Turnover and Performance |
2019/1/11 | Siyu Lu | Carnegie Mellon University | Finance | The Efficiency Effects of Information Quality in Failed-Bank Auctions |
2019/1/11 | Yingguang Zhang | University of Southern California | Finance | Delayed Alpha: The Term Structure of Earnings Expectations and the Cross Section of Stock Returns |
2019/1/10 | Linghang Zeng | Georgia Institute of Technology | Finance | Impact of Venture Capital Flows on Incumbent Firms: Evidence from 70 Million Workers |
2018/12/18 | Alexander Michaelides | Imperial College Business School | Finance | Tactical Target Date Funds |
2018/12/11 | Yuehua Tang | Warrington College of Business | Finance | Prime (Information) Brokerage |
2018/12/04 | Baolian Wang | Warrington College of Business, University of Florida | Finance | Cryptocurrency Pump-and-Dump Schemes |
2018/11/27 | Neal Stoughton | WU Vienna University of Economics and Business | Finance | Discretionary NAVs |
2018/11/20 | Wenhao Yang | University of South Carolina, Darla Moore School of Business | Finance | Costly Information Acquisition in Decentralized Markets: Experimental Evidence |
2018/11/13 | Hongjun Yan | DePaul University | Finance | Global Perspective or Local Knowledge: The Macro-information in the Sovereign CDS Market |
2018/11/06 | Robert M. Anderson | University of California, Berkeley | Finance | Predicting Portfolio Return Volatility at Medium Horizons |
2018/10/23 | Bohui Zhang | The Chinese University of Hong Kong | Finance | Temperature and Productivity: Evidence from Plant-level Data |
2018/10/16 | Tse-Chun Lin | University of Hong Kong | Finance | The Round Number Heuristic and Crowdfunding Performance |
2018/09/17 | Li Gan | Texas A&M University | Finance | Relocating Migrants or In Situ Migrants: a New Perspective of Urbanization in China |
2018/09/04 | Yongxiang Wang | Marshall School of Business, University of Southern California | Finance | Target Setting and Allocative Inefficiency in Lending: Evidence from Two Chinese Banks |
2018/09/11 | Wenyu Wang | Kelley School of Business, Indiana University | Finance | Weak Governance by Informed Active Shareholders |
2018-09-04 | Yongxiang Wang | Marshall School of Business, University of Southern California | Finance | Target Setting and Allocative Inefficiency in Lending: Evidence from Two Chinese Banks |
2018-05-30 | Jinhui Bai | School of Economic Sciences, Washington State University | Finance | The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation |
2018-05-22 | Xing Huang | Olin Business School | Finance | Extrapolative Beliefs in the Cross-Section: What Can We Learn from the Crowds? |
2018-05-15 | Lei Zhang | The University of Hong Kong | Finance | Complex Asset Markets |
2018-05-08 | Zhenyu Gao | Chinese University of Hong Kong | Finance | Attention to Global Warming |
2018-04-03 | Raymond Leung | CKGSB | Finance | An Intrinsic Theory of Information Acquisition: Application to Dynamic Portfolio Choice, Asset Pricing and Information Recovery |
2018-03-27 | Eliezer M. Fich | LeBow College of Business | Finance | Are Market Reactions to M&As Biased by Overextrapolation of Salient News? |
2018-03-20 | Laurent Fresard | Robert H. Smith School of Business University of Maryland | Finance | Technological Changes and the Evolution of IPO and Acquisition Activities |
2018-03-13 | Michaela Pagel | Columbia Business School | Finance | Fully Closed: Individual Responses to Realized Capital Gains and Losses |
2018-01-25 | Ruan Hongxun | The Wharton School, University of Pennsylvania | Finance | Social Capital and Innovation: Evidence from Connected Holdings |
2018-01-25 | Ye Shuai | Cornell University | Finance | How do ETFs Affect the Liquidity of the Underlying Corporate Bonds? |
2018-01-24 | Chen Yixin | Massachusetts Institute of Technology (MIT) | Finance | Individual Stock-picking Skills in Active Mutual Funds |
2018-01-23 | Zhang Teng | Georgia Institute of Technology | Finance | Uniform Mortgage Regulation and Distortion in Capital Allocation |
2018-01-23 | Li Jie | INSEAD | Finance | An Anatomy of Arbitrageurs: Evidence from Open-End Structured Funds |
2018-01-22 | Su Yinan | The University of Chicago | Finance | Interbank Runs: A Network Model of Systemic Liquidity Crunches |
2018-01-22 | Peng Cameron | Yale University | Finance | Price and Volume Dynamics in Bubbles |
2017-11-21 | Jan Bena | Sauder School of Business, University of British Columbia | Finance | |
2017-11-07 | Andres Liberman | Stern School of Business | Finance | The Equilibrium Effects of Asymmetric Information: Evidence from Consumer Credit Markets |
2017-10-24 | Hui Chen | MIT Sloan School of Management | Finance | |
2017-09-26 | Jia Hao | The Chinese University of Hong Kong | Finance | Liquidity Provision Contracts and Market Quality: Evidence from the New York Stock Exchange |
2017-09-19 | Mark Westerfield | Foster School of Business | Finance | |
2017-09-12 | Zhangkai Huang | Tsinghua University School of Economics and Management | Finance | Limits to Autocracy: An Analysis of China’s Renationalization |
2017-09-12 | Xiaoyun Yu | Kelley School of Business | Finance | The Power of the Passive Information Intermediary: Evidence from Google’s China Exit |
2017-09-05 | Hong Ru | Nanyang Technological University | Finance | Rise of Bank Competition: Evidence from Banking Deregulation in China |
2017-08-08 | Yajun Wang | Robert H. Smith School of Business | Finance | |
2017-06-20 | Lorenzo Garlappi | Sauder School of Business, | Finance | The Carry Trade and Uncovered Interest Parity when Markets are Incomplete |
2017-06-13 | Rui Albuquerque | Boston College Carroll School of Management | Finance | Relative Performance, Banker Compensation, and Systemic Risk |
2017-06-06 | Ron Kaniel | Simon School of Business | Finance | Relative Pay for Non-Relative Performance: Keeping up with the Joneses with Optimal Contracts |
2017-05-31 | Maria Cecilia Bustamante | Robert H. Smith School of Business | Finance | |
2017-05-16 | Sheng Huang | Singapore Management University | Finance | Are Longer-tenured Independent Directors Less Effective Monitors? Insights from Insider Trading |
2017-04-11 | Péter Kondor | London School of Economics | Finance | Financial Choice and Financial Information |
2017-03-28 | Dirk Jenter | London School of Economics | Finance | |
2017-03-21 | Vidhan Goyal | The Hong Kong University of Science and Technology | Finance | Index Membership and Capital Structure: International Evidence |
2017-03-14 | Xuewen Liu | The Hong Kong University of Science and Technology | Finance | Financial Markets, the Real Economy, and Self-fulfilling Uncertainties |
2017-03-07 | Xintong Zhan | Erasmus School of Economics | Finance | How Do Smart-beta ETFs Affect Asset Management Industry? Evidence from Mutual Fund Flows |
2017-02-13 | Mingzhu Tai | Harvard University | Finance | House Prices and the Allocation of Consumer Credit |
2017-01-18 | Weikai Li | The Hong Kong University of Science and Technology | Finance | Synthetic Shorting with ETFs |
2017-01-12 | Jun Wu | Kelley School of Business, Indiana University Bloomington | Finance | Do Mutual Funds Have News Trading Skills? Evidence from Daily Trading Ahead of News Releases |
2017-01-12 | Ting Xu | University of British Columbia, Sauder School of Business | Finance | Learning from the Crowd: The Feedback Value of Crowdfunding |
2016-12-20 | Xu Tian | University of Toronto | Finance | Uncertainty and the Shadow Banking Crisis: A Structural Estimation |
2016-12-13 | Jun Yu | School of Economics and Lee Kong Chian School of Business | Finance | |
2016-12-09 | Jun Yu | School of Economics and Lee Kong Chian School of Business | Finance | Market Sentiment and Paradigm Shifts in Equity Premium Forecasting |
2016-11-22 | Yufeng Wu | University of Illinois | Finance | |
2016-11-01 | Shiyang Huang | The University of Hong Kong | Finance | The Effect of Options on Information Acquisition and Asset Pricing |
2016-10-25 | Nengjiu Ju | SAIF | Finance | |
2016-10-25 | Raymond Leung | CKGSB | Finance | Financial Intermediation and the Market Price of Risk: Theory and Evidence |
2016-10-11 | Tan Wang | SAIF | Finance | |
2016-10-11 | Justin Birru | Fisher College of Business | Finance | |
2016-9-13 | Howard Kung | London Business School | Finance | |
2016-6-28 | Lu Zhang | Max M. Fisher College of Business, The Ohio State University | Finance | |
2016-6-21 | Hong Liu | Washington University in St. Louis | Finance | |
2016-6-14 | Yi Wen | Federal Reserve Bank of St. Louis | Finance | The Making of An Economic Superpower Unlocking China’s Secret of Rapid Industrialization |
2016-5-24 | Darrell Duffie | Stanford Graduate School of Business | Finance | |
2016-5-24 | Murray Frank | Carlson School of Management University of Minnesota | Finance | |
2016-5-17 | Zhenyu Wang | Kelley School of Business, Indiana University | Finance | Dynamics of the Expectation and Risk Premium in the OIS Term Structure |
2016-5-17 | Xiaoji Lin | Ohio State University | Finance | The Elephant in the Room: the Impact of Labor Obligations on Credit Risk |
2016-5-10 | Marcin Kacperczyk | Imperial College London Business School | Finance | |
2016-5-10 | Xiaolan Zhang | McCombs School of Business | Finance | |
2016-4-26 | Federico Bandi | Johns Hopkins Carey Business School | Finance | |
2016-4-7 | Sreedhar Bharath | W.P. Carey School of Business | Finance | Ephemeral Experiences, Long Lived Impact : Disasters and Portfolio Choice |
2016-4-5 | Kathy Yuan | London School of Economics | Finance | Network Risk and Key Players: A Structural Analysis of Interbank Liquidity |
2016-3-29 | Stefan Zeume | Stephen M. Ross School of Business | Finance | |
2016-3-29 | Yasushi Hamao | Marshall School of Business | Finance | |
2016-3-22 | Gennaro Bernile | Singapore Management University | Finance | |
2016-2-23 | Wei Dou | MIT Sloan School of Management | Finance | Embrace or Fear Uncertainty: Growth Options, Limited Risk Sharing, and Asset Prices |
2016-2-1 | Guojun Chen | Columbia University | Finance | Corporate Savings, Investment, and Financing with Aggregate Uncertainty Shocks |
2016-2-1 | Wenhao Yang | University of Utah | Finance | Mutual Fund Management: Does Active Management Pay? |
2016-1-15 | Chengwei Wang | INSEAD | Finance | Lesser-Known Stocks and Signal Cleans |
2016-1-14 | Zhen Zhou | New York University | Finance | Systemic Bank Panics in Financial Networks |
2016-1-14 | Zhenduo Du | Northwestern University | Finance | Endogenous Information Acquisition: Evidence from Web Visits to SEC Filings of Insider Trades |
2016-1-12 | Song Ma | Duke University’s Fuqua School of Business | Finance | The Life Cycle of Corporate Venture Capital |
2016-1-12 | Raymond C. W. Leung | University of California, Berkeley | Finance | Centralized versus Decentralized Delegated Portfolio Management under Moral Hazard |
2015-12-22 | Bo Sun (Brown Bag) | Federal Reserve Board | Finance | |
2015-12-22 | Lin Cong | Booth School of Business, University Chicago | Finance | Dynamic Coordination and Intervention Policy |
2015-12-15 | Wenlan Qian | NUS Business School, National University of Singapore | Finance | Unfair Trade Practices and Financial Intermediary Regulation |
2015-12-7 | Xuemin (Sterling) Yan | Robert J. Trulaske Sr. College of Business | Finance | Fundamental Analysis and the Cross-Section of Stock Returns: A Data-Mining Approach |
2015-12-1 | Shaojun Zhang | The University of Hong Kong | Finance | Systemic Default and Return Predictability in the Stock and Bond Markets |
2015-11-11 | Li An | PBC School of Finance, Tsinghua University | Finance | Lottery-Related Anomalies: The Role of Reference-Dependent Preferences |
2015-11-3 | Zheng Michael Song | Booth School of Business, University of Chicago | Finance | The Rise of China’s Shadow Banking System |
2015-11-3 | Ming Gu (Brown Bag) | Renmin University of China | Finance | Market Regulation and Private Equity Placements in China |
2015-10-27 | Cong Wang | CUHK Business School, The Chinese University of Hong Kong | Finance | |
2015-10-20 | Tao Li | City University of Hong Kong | Finance | |
2015-10-20 | Wei Wang | Stephen J.R. Smith School of Business, Queen’s University | Finance | Catch Me If You Can: Financial Misconduct around Corporate Headquarters Relocations |
2015-9-29 | Brandon Julio | Lundquist College of Business | Finance | |
2015-7-21 | Jennifer Carpenter | Stern School of Business, New York University | Finance | |
2015-7-7 | Kose John | NYU | Finance | Institutions, Markets and Growth: A Theory of Comparative Corporate Governance |
2015-7-6 | Neng Wang | Columbia Business School | Finance | Investment under Uncertainty and the Value of Real and Financial Flexibility |
2015-7-6 | Dion Bongaerts | Rotterdam School of Management, Erasmus University | Finance | |
2015-6-30 | Michael Weisbach | The Ohio State University | Finance | Does Uncertainty about Management Affect Firms’ Costs of Borrowing? |
2015-6-9 | Bing Liang | University of Massachusetts | Finance | The Role of Hedge Funds in the Security Price Formation Process |
2015-6-2 | Yiming Qian | University of Iowa | Finance | |
2015-5-26 | Stavros Panageas | University of Chicago | Finance | |
2015-5-19 | Zhi Da | University of Notre Dame | Finance | Price Pressure from Coordinated Noise Trading: Evidence from Pension Fund Reallocations |
2015-5-19 | Feng Zhang | University of Utah | Finance | |
2015-5-12 | Ronald Masulis | University of New South Wales | Finance | |
2015-5-12 | Adlai Fisher | University of British Columbia | Finance | Levered Noise and the Limits of Arbitrage Pricing: Implications for Dividend S |