"Finance is one of the main pillars of the Hong Kong economy. Through this endowment, we hope that cutting edge research is undertaken and innovative financial theories are developed. By the furthering of this discipline, we hope that the next generation of students at the University will be inspired, challenged and equipped to lead at the forefront of global finance."
Mr Joseph C C Wong
Chairman and CEO
Stelux Holdings International Ltd
Stelux Professorship in Finance
The managerial incentives and other corporate governance issues, irresponsible mortgage lending in America, complex chains of debt, complicated, high-risk financial instruments and poor oversight of financial institutions have been blamed as the root of the global economic crisis in 2008.
Intrigued by the causes of the financial and economic volatility, Professor Lin Chen, Chair Professor of Finance at the School of Economics and Finance at The University of Hong Kong, is researching corporate governance and regulatory practices. In particular he is looking at how to improve both corporate governance and the financial regulation systems. As part of his work, the professor liaises with regulators and policy-makers about their policy-making processes, with the aim being to improve financial stability, investor protection and economic growth.
Before joining HKU in 2013, Professor Lin was on the faculty team of the Department of Finance at the Chinese University of Hong Kong (CUHK). At CUHK, he became Full Professor in Finance in 2010 and was awarded the Choh-Ming Li Professorship in Finance in 2012. He received his Bachelor of Engineering from the South China University of Technology in 2000 and a MBA (2004), MA (2005) and PhD (2006) from Warrington College of Business Administration, University of Florida. His research interests include banking and financial institutions, corporate finance, financial contracting, financial regulation, and development economics.
Professor Lin’s papers are published in numerous journals including the Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Accounting Research, Journal of Public Economics, Journal of Development Economics, Journal of Corporate Finance, Journal of Banking & Finance, Journal of International Money and Finance, Journal of Comparative Economics, and the Journal of Regulatory Economics.
One of his paper’s also received the top Jensen Prize for the Best Papers Published in the Journal of Financial Economics in the Areas of Corporate Finance and Organizations. He was also ranked among the Top 50 young economists by IDEAS. He currently serves on the editorial boards of the Journal of Comparative Economics and Journal of Financial Economic Policy. He is the Principal Investigator of several RGC Competitive Earmarked Research Grants and Co-Principal Investigator of a RGC Theme-based Research Grant, the first large-scale, theme-based business research grant in Hong Kong.
His works and views have been presented in major finance annual conferences such as the American Finance Association conference, European Finance Association conference and Western Finance Association conference, and various conferences held by institutions such as the Asian Development Bank, China Banking Regulatory Commission, Hong Kong Monetary Authority, International Monetary Fund, National Bureau of Economic Research and the World Bank and covered by BBC World TV, Foreign Policy, Financial Times, CFA Digest, Hong Kong Commercial Daily, Hong Kong Satellite TV, Wall Street Journal and World Bank Doing Business Report.
Professor Lin has provided consulting services for the Asian Development Bank, the Bank of International Settlement, Hong Kong Financial Services Development Council and the World Bank. And he serves as a panel member of the Research Grant Council of Hong Kong and the RAE exercise conducted by University Grants Committee of Hong Kong. He was also a research fellow at HKIMR of Hong Kong Monetary Authority.
Lin Chen