Dong Chen, Ph.D.
Associate Professor of Finance
Department of Finance and Economics
Office: Business Center 485
Personal Web Site: https://scholar.google.com/citations?user=EVWc8mMAAAAJ&hl=en
- Ph.D., Duke University
- M.A., Duke University
- M.A., The University of Mississippi
- M.E., Tongji University
- B.E., Tongji University
Professor Chen joined the faculty in 2008 after earning his Ph.D. from Duke University. He has a research interest in the areas of corporate governance and corporate social responsibility, and has published in journals such as Journal of Corporate Finance, Journal of Banking & Finance, and Financial Management.
Corporate Finance/Governance, Board of Directors, Credit Risk, Executive Compensation, Risk Taking Incentives, Corporate Social Responsibility, Climate Change Policies
Corporate Finance, Financial Management
Refereed Journal Articles
Chen, D., & Bradley, M. H. (2015). Does Board Independence Reduce the Cost of Debt?. Financial Management. 44(1), 15-47.
Chen, D., & Zheng, Y. (2014). CEO Tenure and Risk-taking. Global Business and Finance Review. 19(1), 1-27 (lead article).
Chen, D. (2014). The Non-monotonic Effect of Board Independence on Credit Ratings. Journal of Financial Services Research. 45(2), 145-171 (lead article).
Zhang, T., Gerlowski, D. A., & Chen, D. 2019 American Economic Association ASSA annual meeting, "Ownership Stake and Sweat Equity Homophiles in High Tech Entrepreneur Teams," American Economic Association ASSA, Atlanta, GA. (2019).
Chen, D., & . 2018 Shanghai Green Finance Conference, "Natural Disasters and Corporate Climate Change Policies," Shanghai University of Finance and Economics; University of Edinburgh, Shanghai, China. (2018).
Chen, D., & . 6th International Symposium on Environment & Energy Finance Issues, "Natural Disasters and Corporate Climate Change Policies," IPAG Business School and Paris Dauphine University, Paris, France. (2018).
Gerlowski, D. A., Zhang, T., & Chen, D. North American Regional Science Association 2015, "Housing Price Index Movements Across Cities," RSAI - Regional Science Association International, Portland, OR. (2015).
Chen, D., & Zheng, Y. Eastern Finance Association 2014 Annual Meeting, "CEO Tenure and Risk-Taking," Eastern Finance Association, Pittsburgh, PA. (2014).
Chen, D., & Bradley, M. Eastern Finance Association 2014 Annual Meeting, "Does Board Independence Reduce the Cost of Debt?," Eastern Finance Association, Pittsburgh, PA. (2014).
Chen, D., & Bradley, M. Midwest Finance Association 2014 Annual Meeting, "Does Board Independence Reduce the Cost of Debt?," Midwest Finance Association, Orlando, FL. (2014).
Research in Progress
"Housing Price Variability: National and Local Impacts" (On-Going)
"How Does Headquarter Location Affect Firm Valuation?" (On-Going)
I analyze the influence of headquarter location on firm value. I document that firms headquartered in more crowded places enjoy a valuation premium.
"Overconfidence, Corporate Governance, and Bank Risk-Taking" (On-Going)
We analyze the interaction of CEO overconfidence and corporate governance on bank risk-taking.
"Religion and CEO Compensation" (On-Going)
We analyze the influence of religiosity on CEO pay-performance sensitivity (delta) and pay-volatility sensitivity (vega).
"Target Price and Analysts’ Recommendations" (Planning)