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  2. 张纯信

张纯信

张纯信,现任复旦泛海国际金融学院教授,学术副院长,香港中文大学客座教授,曾任上海交通大学上海高级金融学院教授,金融硕士项目主任,国际交流部主任,台湾大学、中央研究院、北京大学访问教授。回国之前,他曾在康奈尔大学任金融学助理教授。

教育背景

博士学位:加利福尼亚大学伯克利分校金融学, 2003

双学士学位:宾夕法尼亚大学沃顿商学院金融学、电子工程学, 1998

研究领域

张纯信教授的研究领域包括投资学、公司金融等。他在国际著名刊物如the Journal of Financial Economics, the Journal of Corporate Finance, the Journal of International Money and Finance, and Financial Management 等发表多篇论文,并接受超过200家媒体的采访及报道。曾荣获宾夕法尼亚大学的荣誉学者称号。

个人经历

复旦大学泛海国际金融学院

教授,2017 - Present

学术副院长,2017 - Present

上海交通大学上海高级金融学院

教授,2014~2017

金融硕士项目教授主任,2011~2017

国际交流项目教授主任,2014~2016

实践体验学习中心教授主任,2014~2017

AACSB认证委员会(2016年获得首次认证)联合主席,2013~2017

中国金融市场发展中心,高级研究员,2012~2017

副教授,2011 - 2014

访问副教授,2010 - 2011

香港中文大学

金融学客座教授,2009 - Present

中央研究院

统计科学研究所,国家科学委员会学士,2009 - 2011

统计科学研究所,访问学者,2005 - 2009

台湾大学

全球MBA项目访问教授,2010

康奈尔大学酒店管理学院

金融学助理教授,金融/会计/地产领域2003 - 2009

主要作品

• “Trading Imbalances, Predictable Reversals, and Cross-stock Price 压强” (with Sandro Andrade and Mark Seasholes): Journal of Financial Economics, 飞鱼座 88/2 (2008), pp 406-423.

• “ESO Compensation: The Roles of Default Risk and Over-Confidence” (with Cheng-der Fuh and Ya-hui Hsu): Journal of Corporate Finance, Vol. 14 (2008), pp. 630-641.

• “Do Investors Learn about Analyst Accuracy? A Study of the Oil Market” (with Hazem Daouk and Albert Wang): Journal of Futures Markets, Vol. 29/5 (2009), pp 414-429.

• “Put Your Money Where Your Mouth Is: Do Financial Firms Follow Their Own Recommendations?” (with Albert Wang and Kin Wai Chan): Quarterly Review of Economics and Finance, Vol. 49/3 (2009), pp 1095-1112.

• “A Test of the Representativeness Bias Effect on Stock Prices: a Study of Super Bowl Commercial Likeability” (with Jing Jiang and Kenneth Kim): EconOMIC Letters, Volume 103/1 (2009), pp. 49-51.

• “Herding in an Emerging Equity Market and the Role of Foreign Institutions”: Pacific Basin Finance Journal, Vol. 18/2 (2010), pp 175-185.

• “Information Footholds: Expatriate Analysts in an Emerging Market”: Journal of International Money and Finance, Volume 29/6 (2010), pp. 1094-1107.

• “A Tale of Two Regimes: Theory and Empirical Evidence for a Markov-Switch Jump Diffusion Model and 导数 Pricing Implications” (with Cheng-Der Fuh and Shih-Kuei Lin): Journal of Banking and Finance, Volume 37/8 (2013), pp 3204–3217.

• “The Pricing of Risk and Sentiment: a Study of Executive Stock Options” (with Cheng-der Fuh and Li-jiun Chen): Financial 管理学, Volume 42/ 1 (2013), pp. 79–99.

• “On the Determinants of Basis Spread for Taiwan Index Futures and the Role of Speculators” (with Emily Lin): Review of Pacific Basin Financial Markets and Policies, Volume 17 (2014), pp 1-30.

• “Corporate Governance and Cross-border Acquiree Returns” (Paul Choi and Seth Huang): Financial 管理学, Volume 44/3 (2015), pp. 475-498 (Lead Article).

• “Cash-futures basis and the impact of market maturity, informed trading, and expiration effects” (with Emily Lin): International Review of Economics and Finance, Volume 35 (2015), pp 197–213.

• "Reading between the Ratings: Modeling Residual Credit Risk and Yield Overlap" (with Cheng-der Fuh and Michael Kao): Journal of Banking and Finance, Volume 81 (2017), pp. 114-135.

• “IPO Under-pricing in the Hospitality Industry: A Necessary Evil?” (with Linda Canina and Scott Gibson): Journal of Hospitality Financial 管理学, Volume 16/2 (2008), pp 2.

• “To Hedge or Not to Hedge: Revenue Management and Exchange Rate Risk”: Cornell Hospitality Quarterly, Volume 50 (2009), pp. 301-313.

• “Operational Hedging and Exchange Rate Risk: A Cross-sectional Examination of Canada's Hotel Industry” (with Liya Ma): Cornell Center for Hospitality Research Reports, Volume 9/15 (2009), pp 1-18.

• “Impact of Terrorism on Hospitality Stocks and the Role of Investor Sentiment” (with Ying Ying Zeng): Cornell Hospitality Quarterly, Volume 52/2 (2011), pp. 165-175.

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