张春
公司金融、宏观金融、组织和制度经济学。
张春教授目前的研究领域是公司金融、宏观金融、组织和制度经济学。他的研究发表于《经济理论期刊》、《金融学期刊》、《金融研究评论》、《货币经济》、《商业期刊》、《货币、信贷与银行期刊》等众多刊物,并合作出版多本专著。

教育背景

博士学位:西北大学管理经济学和决策科学,1987

硕士学位:俄勒冈大学数学系,1983

学士学位:华东师范大学数学系,1982 

教授介绍

张春教授现任上海高级金融学院执行院长、金融学教授、汇付天下讲席教授。他曾是中欧国际工商学院主管研究的副教务长、荷兰银行风险管理讲席教授。张春曾在明尼苏达大学卡尔森管理学院担任金融学教授17年。他是第一个从新中国到美国大学执教金融学的学者,也是第一个在美国大学取得金融学终身教授之后全职回国工作的学者。

张春教授目前的研究领域是公司金融、宏观金融、组织和制度经济学。他的研究发表于《经济理论期刊》、《金融学期刊》、《金融研究评论》、《货币经济》、《商业期刊》、《货币、信贷与银行期刊》等众多刊物,并合作出版多本专著。2006年,北大出版社出版了张春的著作《写给中国企业家的公司财务》。2008年,人大出版社出版了他的新书《公司金融学》。由他任组长的深圳发展银行中欧课题组的应用型研究专著《供应链金融》于2009 年出版。其中,张春教授刊登在 Journal of Monetary Economics 的论文 “Capital Controls and Optimal Chinese Monetary Policy” 获得了2016年度孙冶方金融创新奖。

张春教授曾担任中国留美经济学会会长,并曾是研究中国经济领头的国际期刊《中国经济评论》的执行主编。

张春教授讲授的课程包括《公司金融》、《研究方法介绍》、《公司理财和治理的挑战》等。

张春教授于1987年在西北大学Kellogg商学院获得管理经济学与决策科学博士学位。

学术成果


  1. Chang, Chun, Zheng Liu, Mark M. Spiegel and Jingyi Zhang, 2019, Reserve Requirements and Optimal Chinese Stabilization Policy, Journal of Monetary Economics.
  2. Chang, Chun, Yao-Min Chiang, Yiming Qian, and Jay Ritter, 2017, Pre-market Trading and IPO Pricing, The Review of Financial Studies.
  3. Chang, Chun, Kaiji Chen, Daniel Waggoner, and Tao Zha, 2016, Trends and Cycles in China's Macroeconomy, Nber Macroeconomics Annual.
  4. Chang, Chun, Zheng Liu, and Mark M. Spiegel, 2015, Capital Controls and Optimal Chinese Monetary Policy, Journal of Monetary Economics.
  5. Chang, Chun, Xin Chen, and Guanmin Liao, 2014, What are the Reliably Important Determinants of Capital Structure in China?, Pacific-Basin Finance Journal.
  6. Chang, Chun, Guanmin Liao, Xiaoyun Yu, and Zheng Ni, 2014, Information from Relationship Lending: Evidence from Loan Defaults in China, Journal of Money, Credit and Banking.
  7. Chang, Chun, and Xiaoyun Yu, 2010, Informational Efficiency and Liquidity Premium as the Determinants of Capital Structure, Journal of Financial and Quantitative Analysis.
  8. Chang, Chun, and Walid Y. Busaba, 2010, Bookbuilding vs. Fixed Price Revisited: The Effect of Aftermarket Trading, Journal of Corporate Finance.
  9. Chang, Chun, Xiaoqing Wang, Shuzhong Zhang, and David D. Yao, 2009, Separated Continuous Conic Programming: Strong Duality and an Approximation Algorithm, Siam Journal on Control and Optimization.
  10. Chang, Chun, John Boyd, and Bruce Smith, 2004, Deposit Insurance and Bank Regulation in a Monetary Economy: a General Equilibrium Exposition, Economic Theory.
  11. Chang, Chun, and Xiaoyun Yu, 2004, Investment Opportunities, Liquidity Premiums and Conglomerate Mergers, Journal of Business.
  12. Chang, Chun, Brian McCall, and Yijiang Wang, 2003, Incentive Contracting versus Ownership Reforms: Evidence from China’s Township-Village Enterprises, Journal of Comparative Economics.
  13. Chang, Chun, John Boyd, and Bruce Smith, 2002, Deposit Insurance: A Reconsideration, Journal of Monetary Economics.
  14. Chang, Chun, 2001, The Informational Requirement on Financial Systems at Different Stages of Economic Development: The Case of South Korea, China Economic Quarterly.
  15. Chang, Chun, and Yijiang Wang, 2000, Choosing between Up-or-Out and Spot Contracts: Human Capital Investment Versus Job-Matching Considerations, Annals of Finance.
  16. Chang, Chun, 1999, Capital Structure as Optimal Contracts, North American Journal of Economics and Finance.
  17. Chang, Chun, John Boyd, and Bruce Smith, 1998, Moral Hazard under Commercial and Universal Banking, Journal of Money, Credit and Banking.
  18. Chang, Chun, and Yijiang Wang, 1998, Towards a Model of the Organizations in China as a Partially Reformed Developing Economy, China Economic Review.
  19. Chang, Chun, and Yijiang Wang, 1997, Some Empirical Implications of a Model of Human Capital Investment under Asymmetric Information, Research in Labor Economics.
  20. Chang, Chun, and Yijiang Wang, 1996, Human Capital Investment under Asymmetric Information: the Pigovian Conjecture Revisited, Journal of Labor Economics.
  21. Chang, Chun, and Yijiang Wang, 1995, A Framework for Understanding Differences in Employment Stability and Human Capital Investment, Journal of Economic Behavior and Organization.
  22. Chang, Chun, and Yijiang Wang, 1994, The Nature of Township-Village Enterprises, Journal of Comparative Economics.
  23. Chang, Chun, 1993, Payout Policy, Capital Structure, and Compensation Contracts when Managers Value Control, The Review of Financial Studies.
  24. Chang, Chun, 1992, Capital Structure as an Optimal Contract between Employees and Investors, The Journal of Finance.
  25. Chang, Chun, and Yijiang Wang, 1992, Optimal Liquidation Rule and Debt in the Principal-Agent Model, Economics Letters.
  26. Chang, Chun, 1991, Asymmetric Information, Corporate Finance, and Investment, The Journal of Finance.
  27. Chang, Chun, 1990, The Dynamic Structure of Optimal Debt Contracts, Journal of Economic Theory.
  28. Chun Chang and Xiaoming Li, 2020, Universal Banking and Optimal Financial Structure.
  29. Chang, Chun, and Sen Li, 2019, Contract Coordination and Uninformative Transfer Prices as the Benefit and Cost of Vertical Integration.
  30. Chang, Chun, and Huiyan Qiu, 2019, On the Popularity of and a Comparison of Convertible Preferred and Participating Preferred Equities in Venture Financing.

SAIF所授课程

公司理财和治理的挑战、公司金融。