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  Professors Introducation for This Term
 

Jiang WANG

Jiang WANG is the NTU Professor of Finance at MIT Sloan School of Management, a research associate of the National Bureau of Economic Research Associate, and a Special-Term Professor (STP) of Finance at Tsinghua University. His research interests include asset pricing theory, investment management, financial risk management, market microstructure, international finance, financial innovation and financial engineering. His current research focuses on asset pricing models in imperfect markets, the relation between security prices and trading volume, market liquidity and liquidity risk, and China's financial markets. He has taught finance theory, financial economics, and international finance at MIT Sloan School of Management.

Jiang WANG's research has been published in leading academic journals, such as Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Review of Economics Studies, and Review of Financial Studies. He has received many academic awards, including the Trefftz Award, Batterymarch Fellowship, Leo Melamed Prize, and research grants from the National Science Foundation (NSF). Jiang WANG is currently an editor of Quantitative Finance and an associate editor of Journal of Financial Markets and Operation Research. He has also been the associate editor of Review of Financial Studies.

Jiang WANG graduated from Nanjing University in 1981. He received his Ph.D. in physics from the University of Pennsylvania in 1985 and his Ph.D. in finance from the Wharton School, University of Pennsylvania, in 1990.

Chun CHANG

Chun CHANG is the professor of finance at the Carlson School of Management, University of Minnesota and ABN AMRO Chair Professor in Risk Management at China Europe International Business School. He received his B. S. in Mathematics from East China Normal University in 1982, M. S. in Mathematics from University of Oregon in 1983 and Ph. D. in Managerial Economics and Decision Science from Northwestern University in 1987. He has taught at the Kellogg Graduate School of Management, Northwestern University and many Chinese Universities. He has also served as the President of the Chinese Economic Society.

Chun CHANG's main research interest is in the area of corporate finance. He has published many papers in leading academic journals on capital structure, merger and acquisition, payout policy, and the regulation of financial institutions. He has also worked extensively on labor economics and the relation between labor and capital. His recent research focuses on China's economic and enterprise reform. He is an editor of China Economic Review, the leading academic journal in English on Chinese economy. He also serves on the editorial board of several other journals in finance.

Professor Chun CHANG's teaching interest focuses on corporate finance and international finance. He has taught in MBA and EMBA programs in the U.S., China and Europe. He has supervised a number of doctoral students, many of whom are now teaching at top business schools in the U.S. Professor Chun CHAN has done extensive consulting work for corporations and institutions, including the World Bank, Northwest Airline, Grand Metropolitan and many Chinese companies.

 

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