甘洁

甘洁，长江商学院金融学教授，在加入长江商学院之前，她先后担任香港科技大学工商管理学来自院金融系教授，360百科和哥伦比亚大 学商学院照经济与金融系的助理教青未决几耐离苦题授，并从麻省理工大学获得了博士学位。甘教授长期从事公司金融及中国资本市场的研究，在这些领域有突出贡献。

长江商学院金融来自学教授

　　甘洁，现任长江商学院金融学教授和企业融资战略研究中心主任，她2011各科所信常说吗厚属新年独 立获得美国学术界最高荣誉之一的Brenna360百科n最佳论文奖。她的研究限流称胞对必配成果发表在国际顶级学术期刊，如金融经济学期刊(Journal of Financial Economics)、金融研究评论(Review of Financial Studies)，以及金融与数量分析(Journal of F社卫inancial and 急庆进山台盐以足Quantitative Analysis)等;她也是多家国际顶级学术期刊及学术会议的审稿人。她的授课得到了MBA学生和EM参河好跑底则价慢BA学生的高度赞誉医板制举政范月宜居，课程也获得了多项教学奖。此 外，《金融时报》(Financial Times)及《苏激变行转厚展绝经济学家》杂志(The Economist)曾专栏报道她的研究和教学 。

　　除了学术上的成就之外，甘洁教授还有着广泛的行业经验。她曾任职于CRA 国际(CRA International)，美国最大的金融和经济咨询公司之一，英坐矛乡元为期两年。她的咨询工作包括企业估值、证券欺诈以及反垄断，服务的客户来自于多个不同 的领域，涉及金融服务业、消费品以及能源行业等。在香酒密说友我港，甘洁教授为多属激更续易独压红家银行提供咨询，为它们提供有关于如何辨识房产市场上的泡沫以及如短介何在投资组合中配 置房地产的建议。她现任特许金融分析师协会(CFA Institute)的特聘演讲人，和Rega Capital Management的董事及投资顾问。

主要学术成果

Working Papers

• "Property Ma呀准讲钢跟刑督rket Overvalu坚ation, Toeholds, and the Winners' Curse: Evidence from Hong Kong Land Auct元握叫然笑复础ions", with Yuk Ying Chang and Sudipto Dasgupta.
• "Political 题渐北乎早往术表毫两Constraints, Organizational Forms, and Privatization Performance: Evidence from China", wit素战剧张织字h Jianping Deng, Jie Gan and Jia He, formerly 容该旧军春敌实宪titled "Privatization, Large Shareholders' Incent心至段剧或告话仍核只输ives to Expropriate, and Firm Performance", Top 20 downloads in SSRN Corporate Finance, Management, and AFA Conference.
• "Can Firms Build Capital-Market Reputation to Compensate for Poor Investor Protection? Evidence from Dividend Policies," with Martin Wang.
• "Fit, Style, and the Portability of Managerial Talent," with Candie Chang and Sudipto Dasgupta. Currently under revision, 【Abstract】 is available here.
• "What Makes Privatization Work? Evidence from a Large-Scale Nationwide Survey of Chinese Firms," with Yan Guo and Chenggang Xu. Currently under revision, 【Abstract】 is available here. This paper was featured in the Economist, click here for the Economist article.
• "What Do Capital Requirements Do When They Are Not Binding."

Publications

　　In Refereed Journals:

• Banking Market Structure and Financial Stability: Evidence from the Texas Real Estate Crisis in the 1980s, Journal of Financial Economics 73, 2004, pp. 567-601.
• Collateral, Debt Capacity, and Corporate Investment: Evidence from a Natural Experiment, Journal of Financial Economics 85, 2007, pp. 709-734
• The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel, Review of Financial Studies 20, 2007, pp. 1941-1973.
• Monopoly and Information Advantage in the Market for Residential Mortgages (with Timothy Riddiough), Review of Financial Studies 21, 2008, pp. 2677-2703.
• A Nationwide Survey of Privatized Firms in China (with Guo and Xu), Seoul Journal of Economics 21, 2008, pp. 311-331.
• Housing Wealth and Consumption Growth: Evidence from a Large Panel of Households, Review of Financial Studies 23, 2010, pp. 2229-2267 (Lead article, RFS Brennan Award).
• Transparency, Price Informativeness, and Stock Return Synchronicity: Theory and Evidence (with Suditpo Dasgupta and Ning Gao), Journal of Financial and Quantitative Analysis, forthcoming.

Book Chapters:

• "Global Banking Regulation & Supervision: What Are the Issues and What Are the Practices?" (James Barth, Jie Gan, and Dan Nolle), inFocus on Financial Institutions and Services, Nova Science Publisher, 2004.
• "Privatization in China: Experiences and Lessons," inChina's Emerging Financial Markets: Challenges and Opportunities(J. Barth, J. Tatom, and G. Yago, 2008 eds.), The Milken Institute Series on Financial Innovation and Economic Growth.

　　Invited Presentations and Professional Activities

　　Referee:

　　Journal of Finance, Review of Financial Studies, Journal of Financial Intermediation, Journal of Banking and Finance, Journal of Money, Credit, and Banking, Scandinavian Journal of Economics, Southern Journal of Economics, Japan and the World Economy, Journal of Japanese and International Economy, Japan and the World Economy, Pacific-Basin Journal of Finance; Journal of Real Estate Research, B.E. Journal of Economic Analysis, Economics of Transition

　　Editorial Positions:

　　International Review of Finance, Associate Editor, 2008-present

　　Quarterly Journal of Finance, Associate Editor

　　Journal of Financial Economic Policy, Associate Editor

　　Seminars:

　　Sloan School of Management at MIT, Columbia Business School, Wharton School at University of Pennsylvania, University of Wisconsin Business School, City University of New York, Chinese University of Hong Kong, Hong Kong Polytech, Hong Kong University, HKUST, City University of Hong Kong, University of California at Berkeley; University of Texas at Austin

　　Federal Reserve Banks: Chicago, Cleveland, New York; Milken Institute

　　Conferences:

　　Presenter: Eastern Finance Association Conference 2002; NEBR Corporate Finance Summer Institute 2003; AFA 2004, 2009; Financial Intermediation Research Society Meeting 2004 & 2006; "Accounting, Transparency and Bank Stability" Workshop 2004 at Basle (jointly sponsored by BIS and JFI), WFA 2004, 2006, & 2008, EFA 2004 & 2005, China International Finance Conference 2004 & 2006, City University Finance Symposium 2005, RFS-IU Conference on the Causes and Consequences of Recent Financial Market Bubbles 2005; Summer Real Estate Symposium (2006 & 2008); Indian School of Business Summer Camp (2007); Emerging Market Corporate Finance Conference (2007); NBER China Workshop (2008)

　　Discussant: AREUE Conference (2002); WFA Conference (2002); EFA Conference (2002); Financial Intermediation Research Society Meeting (2004 & 2006); China International Conference in Finance (2005, 2008, 2009); Paris Corporate Finance Conference (2009)

　　Session Chair: Eastern Finance Association Conference (2002), China International Conference in Finance (2008, 2009).

学术成就

• B来自lackRock/Michael Brennan Best Paper Award o360百科f Review of Financial Studies.
• Nominated for the Michael Gale Medal for Distinguished Teaching 2参种脸控远组销们村005, the highest h急第探onor awarded to a single faculty in the univ室药检ersity.
• Franklin Prize for Teaching Excel促参lence at Hon沉应念作创延令探几倍座g Kong Universit脸态效诗控皇稳y of Scienc切满杆样船e & Technolo石学吃章际玉尽矿杨补虽gy (MBA teaching 2004 and 2008庆备稳集态件杆构苗更); Nominated for undergraduate teaching 2003 and 2004.
• Hong Kong RGC Competitive Earmark Research Grant, 子好课很每2003 (HK$373,000), 2004 (HK$551,000), 2006 (HK$兴病区666,000); 2008 (HK$784,000).
• Faculty Rese零支加象汉arch Award, Columbia University Center for Japanese Economy and Business, 2适印素粉作农斗创001-2002.
• Graduate Fellowship, Massachusetts Institute of Technology, 1993-1996, 1998-1999.
• "Best Graduate of the Year&quo