张纯信

学历信息:加州大学伯克利分校金融学博士

研究方向:金融科技、投资学、公司金融等

电子邮件:chang@fudan.edu.cn

简介

论文

张纯信,现任复旦大学泛海国际金融学院学术副院长、金融学教授、金融科技研究中心主任,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、国立台湾大学、北京大学访问教授、美国康奈尔大学酒店管理学院金融学助理教授。

张教授的主要研究领域包括金融科技、投资学、公司金融等。曾荣获美国国家荣誉学者称号。他在国际著名刊物如Journal of Financial Economics, Journal of Corporate Finance, Journal of International Money and Finance, Journal of Derivatives Financial Management等发表多篇论文,并接受超过200家媒体的采访及报道。

2018年创办金融科技研究中心并率领团队于2019年1月在瑞士达沃斯世界经济论坛与联合国可持续发展小组联合主办“金融科技的未来”主题论坛。2019年4月与瑞士联邦政府、东方证券股份有限公司联合主办论坛“Future of Money 2019: Brilliance in Fintech”,瑞士联邦主席兼财政部长于利.毛雷尔阁下及其随行的金融和经济代表团出席了该活动。

张教授主要从事金融科技、投资学和公司金融的教学。

张教授于2003年获得加州大学伯克利分校金融学博士学位。在此之前,他获得了宾夕法尼亚大学沃顿商学院、工程和应用科学学院的金融学学士和电子工程学士学位(1998年)。

  • “Ensuring More is Better: On the Simultaneous Application of Stock and Options Data to Estimate the GARCH Options Pricing Model” with Hung-Wen Cheng, and Cheng-Der Fuh, Journal of Derivatives, Vol 26(2018), pp. 7-25.
  • “Trading Imbalances, Predictable Reversals, and Cross-stock Price Pressure” with Sandro Andrade and Mark Seasholes: Journal of Financial Economics, Vol. 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 Derivative 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 Management, 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 Management, 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 Management, 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.