长江MBA金融MBA纽约国际游学项目

grossman

长江从去年2012年开始纽约国际游学项目。和Columbia, Princeton, West Point合作，还有华尔街的各家公司。前后共十二天。

2012年金融MBA授课教授

姜纬，columbia Professor
Price informativeness and investment sensitivity to stock priceQ Chen, I Goldstein, W Jiang - Review of Financial Studies, 2007 - Soc Financial Studies
Abstract The article shows that two measures of the amount of private information in stock
price—price nonsynchronicity and probability of informed trading (PIN)—have a strong
positive effect on the sensitivity of corporate investment to stock price. Moreover, the effect ...
Cited by 351 Related articles All 15 versions Cite
Hedge fund activism, corporate governance, and firm performanceA Brav, W Jiang, F Partnoy, R Thomas - The Journal of Finance, 2008 - Wiley Online Library
ABSTRACT Using a large hand-collected data set from 2001 to 2006, we find that activist
hedge funds in the United States propose strategic, operational, and financial remedies and
attain success or partial success in two-thirds of the cases. Hedge funds seldom seek ...
Cited by 380 Related articles All 66 versions Cite
Offering versus choice in 401 (k) plans: Equity exposure and number of fundsG Huberman, W Jiang - The Journal of Finance, 2006 - Wiley Online Library
ABSTRACT Records of over half a million participants in more than 600 401 (k) plans
indicate that participants tend to allocate their contributions evenly across the funds they
use, with the tendency weakening with the number of funds used. The number of funds ...
Cited by 192 Related articles All 20 versions Cite

熊伟, Princeton Professor
Overconfidence and speculative bubblesJ Scheinkman, W Xiong - 13th Annual Utah Winter Finance …, 2003 - papers.ssrn.com
Abstract: Motivated by the behavior of internet stock prices in 1998-2000, we present a
continuous time equilibrium model of bubbles where overconfidence generates
disagreements among agents regarding asset fundamentals. With short-sale constraints, ...
Cited by 978 Related articles All 66 versions Cite
Contagion as a wealth effectAS Kyle, W Xiong - The Journal of Finance, 2001 - Wiley Online Library
ABSTRACT Financial contagion is described as a wealth effect in a continuous-time model
with two risky assets and three types of traders. Noise traders trade randomly in one market.
Long-term investors provide liquidity using a linear rule based on fundamentals. ...
Cited by 503 Related articles All 11 versions Cite
Executive compensation and short-termist behaviour in speculative markets…, J Scheinkman, W Xiong - The Review of  …, 2006 - restud.oxfordjournals.org
... We will use a simplified version of Scheinkman and Xiong (2003). 18. ... This option is analogous
to a standard financial option, except that its underlying asset is now the difference in ... share price
at t = 1: Next, by substituting for p 1 in the manager's compensation formula W = ap 1 ...
Cited by 271 Related articles All 26 versions Cite More

王能，Columbia 讲席教授
Agency conflicts, investment, and asset pricingR Albuquerue, N Wang - The Journal of Finance, 2008 - Wiley Online Library
ABSTRACT The separation of ownership and control allows controlling shareholders to
pursue private benefits. We develop an analytically tractable dynamic stochastic general
equilibrium model to study asset pricing and welfare implications of imperfect investor ...
Cited by 128 Related articles All 39 versions Cite
Investment, consumption, and hedging under incomplete marketsJ Miao, N Wang - Journal of Financial Economics, 2007 - Elsevier
Entrepreneurs often face undiversifiable idiosyncratic risks from their business investments.
We extend the standard real options approach to an incomplete markets environment and
analyze the joint decisions of business investments, consumption/savings, and portfolio ...
Cited by 110 Related articles All 47 versions Cite
Investment timing, agency, and informationSR Grenadier, N Wang - Journal of Financial Economics, 2005 - Elsevier
This paper provides a model of investment timing by managers in a decentralized firm in the
presence of agency conflicts and information asymmetries. When investment decisions are
delegated to managers, contracts must be designed to provide incentives for managers to ...
Cited by 144 Related articles All 14 versions Cite More

魏尚进，Columbia 讲席教授
How taxing is corruption on international investors?SJ Wei - Review of economics and statistics, 2000 - MIT Press
This paper studies the effect of corruption on foreign direct investment. The sample covers
bilateral investment from twelve source countries to 45 host countries. There are two central
findings. First, a rise in either the tax rate on multinational firms or the corruption level in a ...
Cited by 1566 Related articles All 37 versions Cite
Trading blocs and the Americas: The natural, the unnatural, and the super-naturalJ Frankel, E Stein, S Wei - Journal of development economics, 1995 - Elsevier
Is world trade becoming more regionalized, as a result of preferential arrangements such as
NAFTA, the Andean Pact and MERCOSUR? If so, is this deviation from the principle of MFN
(non-discriminatory trade policies) good or bad? This paper attempts to answer both ...
Cited by 680 Related articles All 8 versions Cite
Local corruption and global capital flowsSJ Wei - Brookings Papers on Economic Activity, 2000 - muse.jhu.edu
THE RESEARCH REPORTED in this paper was inspired by a plane ride I took from China to
the United States in 1996. Browsing the newspapers and in-flight magazines, I came across
one story about the high level of official corruption in China, and another that extolled the ...
Cited by 429 Related articles All 21 versions Cite

Yacine Ait-Sahalia, Princeton 讲席教授
Testing continuous-time models of the spot interest rateY Ait-Sahalia - Review of Financial studies, 1996 - Soc Financial Studies
... Continuous-Time Models of the Spot Interest Rate Yacine Aït-Sahalia University of Chicago and
National Bureau of Economic Research Different ... g- Their method, along with an extension of
the method of Ait-Sahalia ■% (1992b), is implemented empirically by Conley et al. ...
Cited by 918 Related articles All 21 versions Cite
Maximum Likelihood Estimation of Discretely Sampled Diffusions: A Closed‐form Approximation ApproachY Aït‐Sahalia - Econometrica, 2002 - Wiley Online Library
Page 1. Econometrica, Vol. 70, No. 1 (January, 2002), 223–262 MAXIMUM
LIKELIHOOD ESTIMATION OF DISCRETELY SAMPLED DIFFUSIONS: A
CLOSED-FORM APPROXIMATION APPROACH By Yacine Aït-Sahalia1 When ...
Cited by 595 Related articles All 15 versions Cite
How often to sample a continuous-time process in the presence of market microstructure noiseY Aït-Sahalia, PA Mykland… - Review of Financial  …, 2005 - Soc Financial Studies
We use cookies to enhance your experience on our website. By continuing to
use our website, you are agreeing to our use of cookies. You can change your
cookie settings at any time. Find out more Skip Navigation. ...
Cited by 549 Related articles All 41 versions Cite More
  
工业界讲座
David Yan, Credit Suisse Managing Director
Wu Hao, Century Investment, Principal Partner
Zhong Min Lazard, Executive Director

工业界访问

西点军校，领导力讲座
Credit Suisse
CICC
Lazard

业界交流

中国金融协会

文化交流

Statute of Liberty,
Museum of Finance
Metropolitan Museum
State Empire Building

grossman

2013年金融MBA授课教授

姜纬，columbia Professor
Price informativeness and investment sensitivity to stock price Q Chen, I Goldstein, W Jiang - Review of Financial Studies, 2007 - Soc Financial Studies
Abstract The article shows that two measures of the amount of private information in stock
price—price nonsynchronicity and probability of informed trading (PIN)—have a strong
positive effect on the sensitivity of corporate investment to stock price. Moreover, the effect ...
Cited by 351 Related articles All 15 versions Cite

Hedge fund activism, corporate governance, and firm performanceA Brav, W Jiang, F Partnoy, R Thomas - The Journal of Finance, 2008 - Wiley Online Library
ABSTRACT Using a large hand-collected data set from 2001 to 2006, we find that activist
hedge funds in the United States propose strategic, operational, and financial remedies and
attain success or partial success in two-thirds of the cases. Hedge funds seldom seek ...
Cited by 380 Related articles All 66 versions Cite

Offering versus choice in 401 (k) plans: Equity exposure and number of fundsG Huberman, W Jiang - The Journal of Finance, 2006 - Wiley Online Library
ABSTRACT Records of over half a million participants in more than 600 401 (k) plans
indicate that participants tend to allocate their contributions evenly across the funds they
use, with the tendency weakening with the number of funds used. The number of funds ...
Cited by 192 Related articles All 20 versions Cite

Harrison Hong, Princeton Professor
A unified theory of underreaction, momentum trading, and overreaction in asset markets
H Hong, JC Stein - The Journal of Finance, 1999 - Wiley Online Library
ABSTRACT We model a market populated by two groups of boundedly rational
agents:“newswatchers” and “momentum traders.” Each newswatcher observes some private
information, but fails to extract other newswatchers' information from prices. If information ...
Cited by 2098 Related articles All 76 versions Cite

Bad news travels slowly: Size, analyst coverage, and the profitability of momentum strategies
H Hong, T Lim, JC Stein - The Journal of Finance, 2000 - Wiley Online Library
ABSTRACT Various theories have been proposed to explain momentum in stock returns.
We test the gradual-information-diffusion model of Hong and Stein (1999) and establish
three key results. First, once one moves past the very smallest stocks, the profitability of ...
Cited by 1332 Related articles All 63 versions Cite

Analyzing the analysts: Career concerns and biased earnings forecasts
H Hong, JD Kubik - The Journal of Finance, 2003 - Wiley Online Library
Abstract We examine security analysts' career concerns by relating their earnings forecasts
to job separations. Relatively accurate forecasters are more likely to experience favorable
career outcomes like moving up to a high-status brokerage house. Controlling for ...
Cited by 656 Related articles All 31 versions Cite

Suresh Sundaresan, Columbia讲席教授

Intertemporally dependent preferences and the volatility of consumption and wealthSM Sundaresan - Review of financial Studies, 1989 - Soc Financial Studies
Abstract In this article we construct a model in which a consumer's utility depends on the
consumption history. We describe a general equilibrium framework similar to Cox, Ingersoll,
and Ross (1985a). A simple example is then solved in closed form in this general ...
Cited by 446 Related articles All 15 versions Cite  

Design and valuation of debt contractsRW Anderson, S Sundaresan - Review of financial studies, 1996 - Soc Financial Studies
The Review of Financial Studies /v 9 n 1 1996 hand, the valuation theory is truly dynamic but
fails to endogenize contractual provisions. Our article attempts to fill the gap by integrating these
two strands of research. The basics of our approach are summarized as follows. For us, ...
Cited by 610 Related articles All 19 versions Cite More

Does default risk in coupons affect the valuation of corporate bonds?: A contingent claims modelIJ Kim, K Ramaswamy, S Sundaresan - Financial Management, 1993 - JSTOR
... Krishna Ramaswamy is a Professor of Finance at The Wharton School of the University of
Pennsylvania, Philadelphia, Pennsylvania. Suresh Sundaresan is a Professor of Finance and
Economics at the Graduate School of Business, Columbia University, New York, New York. ...
Cited by 419 Related articles All 7 versions Cite

Yacine Ait-Sahalia, Princeton 讲席教授

Testing continuous-time models of the spot interest rateY Ait-Sahalia - Review of Financial studies, 1996 - Soc Financial Studies
... Continuous-Time Models of the Spot Interest Rate Yacine Aït-Sahalia University of Chicago and
National Bureau of Economic Research Different ... g- Their method, along with an extension of
the method of Ait-Sahalia ■% (1992b), is implemented empirically by Conley et al. ...
Cited by 918 Related articles All 21 versions Cite

Maximum Likelihood Estimation of Discretely Sampled Diffusions: A Closed‐form Approximation ApproachY Aït‐Sahalia - Econometrica, 2002 - Wiley Online Library
Page 1. Econometrica, Vol. 70, No. 1 (January, 2002), 223–262 MAXIMUM
LIKELIHOOD ESTIMATION OF DISCRETELY SAMPLED DIFFUSIONS: A
CLOSED-FORM APPROXIMATION APPROACH By Yacine Aït-Sahalia1 When ...
Cited by 595 Related articles All 15 versions Cite

How often to sample a continuous-time process in the presence of market microstructure noiseY Aït-Sahalia, PA Mykland… - Review of Financial  …, 2005 - Soc Financial Studies
We use cookies to enhance your experience on our website. By continuing to
use our website, you are agreeing to our use of cookies. You can change your
cookie settings at any time. Find out more Skip Navigation. ...
Cited by 549 Related articles All 41 versions Cite More
  
工业界讲座
David Yan, Credit Suisse Managing Director
Wu Hao, Century Investment, Principal Partner
Zhong Min Lazard, Executive Director
David Tsai, Blackrock, Managing Director
Jason Wei, AIG, Director

工业界访问

西点军校，领导力讲座
Credit Suisse
CICC
Lazard

业界交流

中国金融协会

文化交流
Columbia MBA students

Statute of Liberty,
Metropolitan Museum
MOMA
Central Park
Wall Street

grossman

本帖最后由 grossman 于 2013-6-8 03:11 编辑

2013年MBA授课教授

Jeffrey Harris，Columbia University Adjunct Professor

Robert Bontempo, Columbia University Adjunct Professor

William Duggan, Senior Lecturer in Business

Don Sexton, Columbia Professor

Integrating entrepreneurship and strategic management actions to create firm wealth
RD Ireland, MA Hitt, SM Camp, DL Sexton - The Academy of Management …, 2001 - JSTOR
Creating wealth is at the heart of both entrepreneurship and strategic management. For
general managers and entrepreneurs, a keen interest is to learn how to apply
entrepreneurial and strategic tools, techniques, and concepts in ways that help the firm ...
Cited by 453 Related articles All 3 versions Cite

Strategic entrepreneurship: Entrepreneurial strategies for wealth creation
…, RD Ireland, SM Camp, DL Sexton - Strategic Management …, 2001 - Wiley Online Library
Abstract Entrepreneurship involves identifying and exploiting entrepreneurial opportunities.
However, to create the most value entrepreneurial firms also need to act strategically. This
calls for an integration of entrepreneurial and strategic thinking. We explore this strategic ...
Cited by 789 Related articles All 6 versions Cite More

The entrepreneur: A capable executive and more
DL Sexton, N Bowman - Journal of Business Venturing, 1986 - Elsevier
... Strategic Management Journal, 4 (Oct.–Dec. 1983), pp. 95–110. ... 1975). Corresponding author
contact information Address reprint requests to Donald Sexton, Center for Entrepreneurship,
Baylor University, Waco, Texas 76798, USA. Copyright © 1985 Published by Elsevier Inc. ...
Cited by 333 Related articles All 6 versions Cite

工业界讲座
Imran Khan, google, Senior Account Manager

Marc Glasserman, CEO of Hill country Barbeque

工业界访问

西点军校，领导力讲座
Google
Hill Country Barbeque
East- West Bank
Tiffany


业界交流
Columbia MBA students

文化交流

Statute of Liberty,
Metropolitan Museum
Central Park
Fifth Avenue
Time Square
Ground Zero
State Empire Building
Wall Street

grossman

据新任MBA金融MBA副院长，院长杰出讲席教授李海涛表示国际化是将来的发展方向。 长江的计划是

1。 延长海外游学至1-1.5月，可以增加NYU，Yale教授以及长江纽约分校教授课程
2。增加和University of Michigan 的双学位项目
3。适当时机加入伦敦模块

另外，EMBA 也计划增加和国际名校的双学位项目

culturedesert

期待双学位，这也算是被国际认可的一条出路。

laipengyitong

软文撤下。

majove

金融MBA有海外交换计划吗？

nunogomesrr

grossman 发表于 2013-6-8 03:57
据新任MBA金融MBA副院长，院长杰出讲席教授李海涛表示国际化是将来的发展方向。 长江的计划是

1。 延长海 ...

2013级full time MBA招了多少人？

grossman

50左右，未最后定