|Academic Profile |
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Assoc Prof Chang Xin
Division of Banking & Finance
College of Business (Nanyang Business School)
Phone: (+65)6790 4807
- PhD Hong Kong University of Science & Tech 2004
- MPhil Graduate Sch. of people's Bank of China 1998
- BEng Tsinghua University 1995
|Xin Chang is a tenured Associate Professor at Nanyang Business School of Nanyang Technological University (NTU). From 2015 to 2017, He was a tenured University Reader in Financial Economics at Cambridge Judge Business School of the University of Cambridge. At the University of Cambridge, he was also a J M Keynes Fellow in Financial Economics, a Fellow of Darwin College, and a Research Fellow of Cambridge Endowment for Research in Finance. He specializes in corporate Finance, especially capital structure, mergers and acquisitions, and stock valuation. He had taught various courses to undergraduate, honours, master, and PhD students at HKUST, the University of Melbourne, NTU, and the University of Cambridge. Xin earned his Ph.D in Finance in 2004 from Hong Kong University of Science and Technology (HKUST). His educational background also includes a Master degree from the Graduate School of People's Bank of China and a Bachelor degree from the School of Economics and Management of Tsinghua University.|
|Corporate Finance, Stock Valuation, M&As, Corporate Innovation, Corporate Social Responsibilities|
- Does It Make Economic Sense For Companies To Be Environmentally Responsible?: Corporate Environmental Liabilities and Financing Decisions
- Financial Constraints, Macroeconomic Conditions, and Debt Maturity
- Stakeholder Orientation and Cost of Debt
- Stock Return Sensitivity to Investor Sentiment
- Xin Chang, Yangyang Chen, Sarah Qian Wang, Kuo Zhang, Wenrui Zhang. (2017). Credit Default Swaps and Corporate Innovation. Journal of Financial Economics, Forthcoming.
- Xin Chang, Yangyang Chen, Leon Zolotoy. (2017). Stock Liquidity and Stock Price Crash Risk. Journal of Financial and Quantitative Analysis, 52(4), 1605-1637.
- Xin Chang, Sudipto Dasgupta, George Wong, and Jiaquan Yao. (2014). Cash Flow Sensitivities and the Allocation of Internal Cash Flow. The Review of Financial Studies, 27(12), 3628-3657.
- Xin Chang and Hong Feng (John) Zhang. (2013). Managerial Entrenchment and Firm Value: A Dynamic Perspective. Journal of Financial and Quantitative Analysis, Forthcoming.
- Xin Chang, Kangkang Fu, Angie Low, and Wenrui Zhang. (2013). Non-executive Employee Stock Options and Corporate Innovation. Journal of Financial Economics, 115(1), 168-188.