Victor Wei Huang

Victor Wei Huang
  • Department Chair and Professor of Finance
  • John and Sue Dean Distinguished Professor

Room

BusAd C-305b

Phone

(808) 956-7679

Academic Background

  • PhD, Finance, Georgia Institute of Technology, Atlanta, Georgia, USA, 2001
  • MA, Economics, Georgia State University, Atlanta, Georgia, USA,1997
  • Master in Development Management, Asian Institute of Management, (Manila, Philippines), 1994
  • Graduate Certificate in American Studies, 1990, Johns Hopkins University - Nanjing University Center for Chinese and American Studies (Nanjing, China)
  • BA, Economics, Nanjing University, (Nanjing, China), 1987

Research Interests

  • Empirical Asset Pricing & Investment Management
  • International Finance
  • Chinese Financial Markets and Corporate Governance

Selected Publications

Huang, Wei, Shu Lin, and Jian Yang (2019). “Institutional Quality and Sovereign Credit Risk,” Journal of Futures Markets, 39 (6), 686-703.  [Tier B in Shidler College Target Journal List]

 

Huang, Wei, Jinxian Li and Qiang Zhang (2019). “Legal Environment, Information Asymmetry and Firm Valuation:Evidence from Family Firm IPO Underpricing in China,” Pacific Basin Finance Journal, forthcoming.

 

Huang, Wei, Xiuping Hua and Ying Jiang (2018). “Controlled Currency Regime and Pricing of Exchange Rate Risk: Evidence from China,” Journal of Accounting, Auditing and Finance, forthcoming. [Tier B in Shidler College Target Journal List]

 

Huang, Wei and Tao Zhu (2015). “Foreign Institutional Investors and Corporate Governance in Emerging Markets: Evidence from Split Share Reform in China,” Journal of Corporate Finance. 32, 312–326. [Tier B in Shidler College Target Journal List]

 

Huang, Wei, Qianqiu Liu, S. Ghon Rhee and Feng Wu (2012).“Extreme Downside Risk and Expected Stock Returns,” Journal of Banking and Finance, 36, 1492–1502. [Tier B in Shidler College Target Journal List]

 

Bailey, Warren, Wei Huang and Zhishu Yang (2011). “Bank Loans with Chinese Characteristics: Inside Debt, Firm Quality, and Market Response,” Journal of Financial and Quantitative Analysis,46, (6), 1795 – 1830. [Tier A in Shidler College Target Journal List]

 

      This paper was awarded Sun Yefang Financial Innovation Prize (May 2015, Tsinghua University, Beijing, China). This prize is China’s highest-level award for financial research, named after Sun Yefang (1908-1983), a pioneering Chinese economist who advocated market-oriented reforms.

 

      This paper was included by Harvard Law School in its online Forum on Corporate Governance and Financial Regulation. The Forum provides an arena for communications about corporate governance and attracts approximately 250,000 readers each month. The post can be found at the following link:

 

      (http://blogs.law.harvard.edu/corpgov/2010/10/04/bank-loans-with-chinese-characteristics/#more-13158)

 

Huang, Wei, Qianqiu Liu, Ghon Rhee and Liang Zhang (2011). “Another Look at Idiosyncratic Risk and Expected Return,” Journal of Investment Management, 9, (4), 1-26.

 

Huang, Wei, Fu-xiu Jiang, Zhibiao Liu and Min Zhang (2011). “Agency Cost, Managerial Overconfidence, and Firm Expansion - Evidence from Chinese Listed Companies,” Pacific Basin Finance Journal, 19 (3), 261-277, (lead article).

 

Huang, Wei, Ghon Rhee and Ning Tang (2010). “Preferenced Trading, Quote Competition, and Market Quality: Evidence from Decimalization on the NYSE,” Financial Review, 45, 523-540.

 

Huang, Wei, Qianqiu Liu, Ghon Rhee and Liang Zhang (2010). “Return Reversals, Idiosyncratic Risk and Expected Return,” Review of Financial Studies, 23, (1), 147-168. [Tier A in Shidler College Target Journal List]

 

Eun, Cheol, Wei Huang and Sandy Lai (2008). “International Diversification with Large- and Small-cap Stocks,” Journal of Financial and Quantitative Analysis, 43, (2), 489–524. [Tier A in Shidler College Target Journal List]

 

      This paper was cited by Jack Hough in his article “Under the Radar-Looking for diversification? Go abroad, and think small” in April 2007 issue of Smart Money (the Wall Street Journal Magazine). Hough quoted the article as a “landmark” study.

 

Huang, Wei (2007). “Financial Integration and Pricing of the World Covariance risk: Large vs. Small-cap Stocks,”, Journal of International Money and Finance, 26 (8), 1311-1337. [Tier A-/B+in Shidler College Target Journal List]

 

Eun, Cheol and Wei Huang (2007). “Asset Pricing in China’s Domestic Stock Markets – Is There a Logic?,” Pacific Basin Finance Journal, 15(5), 452-480.

 

      This paper was ranked in 2012 as one of the most cited papers published by Pacific Basin Finance Journal.

 

Chakarabarti, Rajesh, Wei Huang, Narayanan Jayaraman and Jinsoo Lee (2005). “Price and volume effects of changes in MSCI indices – nature and causes,” Journal of Banking and Finance, 29 (5), 1237-1264. [Tier B in Shidler College Target Journal List]

Awards & Honors

  • Best Paper Award, 2018 Frontiers of Business Research-International Conference, Renmin  University, China, June 2018
  • Sun Yefang Financial Innovation Prize (May 2015, Tsinghua University, China), “Bank Loans with Chinese Characteristics: Inside Debt, Firm Quality, and Market Response” Journal of Financial and Quantitative Analysis, 2011, Vol. 46, No. 6, 1795 – 1830. (This prize is China’s highest-level award for financial research, named after Sun Yefang (1908-1983), a pioneering Chinese economist who advocated market-oriented reforms.)
  • Shidler College of Business Summer Research Award (Multiple times) 
  • Shidler College of Business, John and Sue Dean Professorship, August 2010 – present
  • Shidler College of Business, Faculty Fellow, December 2007 - July 2010
  • Shidler College of Business, Dennis Ching Teaching Award, May 2006
  • Shidler College of Business, Faculty Research Award, May 2006, May 2009
  • Beta Gamma Sigma, 2007
  • BSI Gamma Foundation Research Award, 2003, “International Diversification with Large- and Small-cap Stocks”