 |
|
教授简介
刘劲教授现任长江商学院副院长,会计与金融教授。 刘教授在2008年正式加入长江。在此之前,他是加州大学洛杉矶分校安德森管理学院(UCLA ANDERSON SCHOOL)终身教授。1998在哥伦比亚大学经济系授课,1999 年获哥伦比亚大学商学院(Columbia Business School)工商管理博士学位。刘教授长期从事资本市场,财务会计和股权投资的研究,是证券分析领域的国际著名学者。多个国际一级学术刊物的长期审稿人, <<会计研究评论>> (REVIEW OF ACCOUNTING STUDIES) 编委,曾获2005年加州大学安德森管理学院杰出研究奖(Eric and "E" Juline Faculty Excellence in Research Award), 2007年巴克莱全球投资(BARCLAYS GLOBAL INVESTORS)最佳论文奖, 以及2010年长江商学院最佳研究奖。教学科研之余,还活跃于实业界,是多个国内与国际公司的独立董事,风险投资基金的高级顾问。在2007-2008期间,担任MERRILL LYNCH风险投资部门(PROPRIETARY TRADING)的资深顾问, 建立股权数量投资模型。
研究领域
主要学术成果
- "On the Relation between Expected Returns and Implied Cost of Capital", with Hughes, John & Liu, Jun, Review of Accounting Studies, 2009.
- "On the relation between predictable market returns and predictable analysts' forecast errors," with John Hughes and Wei Su, the Review of Accounting Studies, 2008. Winner of the BGI best paper award.
- "Are executive stock option exercises driven by private information?" with David Aboody, John Hughes and Wei Su, the Review of Accounting Studies, 2008.
- "Information asymmetry, diversification and cost of capital," with John Hughes and Jun Liu, the Accounting Review, 2007.
- "Cash flow is king? Comparing valuations based on cash flow versus earnings multiples,” with Jacob Thomas and Doron Nissim, the Financial Analyst Journal, 2007.
- "On international accounting valuation," the Journal of International Accounting Research, 2006.
- "Earnings quality, insider trading and cost of capital," with David Aboody and Jack Hughes, the Journal of Accounting Research, 2005.
- "Discussion of ‘The role of changes in expectations in explaining the cross-section of returns.'" Review of Accounting Studies, September 2004.
- "Valuation and Accounting for Inflation and Foreign Exchange," with John Hughes and Mingshan Zhang, Journal of Accounting Research, September 2004.
- "Measuring Value Relevance in a (possibly) Inefficient Market," with David Aboody and John Hughes, Journal of Accounting Research, September 2002.
- "Equity Valuation Using Multiples," with Jacob Thomas and Doron Nissim, Journal of Accounting Research, March 2002.
- "The Feltham-Ohlson (1995) Model: Empirical Implications," with James Ohlson, Journal of Accounting, Auditing and Finance, summer 2000.
- "Stock Returns and Accounting Earnings," with Jacob Thomas, Journal of Accounting Research, spring 2000.
|