Fan Chen, PhD

Dr. Chen is a highly accomplished academic with extensive experience in teaching undergraduate and graduate courses in accounting, economics, and finance. He has taught at four different institutions since 2012 and has consistently received recognition for his teaching excellence. In 2013, he was honored with the Price Finance Teaching Excellence Award at the University of Oklahoma, and in 2023, he received the prestigious President's Award for Excellence in Graduate Teaching at Pacific University.

Dr. Chen's expertise lies in the fields of Corporate Finance, Market Microstructure, and Energy Economics, where he has made significant contributions through his research. His work has been published in reputable academic journals such as the Journal of Financial Research, Energy Economics, Pacific-Basin Finance Journal, and Journal of Economics and Business. In fact, his paper on mergers and acquisitions was awarded the prestigious Journal of Economics and Business best paper prize in 2020. Additionally, he has been recognized with one best conference paper award and two semifinalist best conference paper awards. Dr. Chen's research has also garnered attention on the international stage, with presentations at esteemed conferences such as the European Finance Association and Financial Management Association annual conferences.

Beyond his academic achievements, Dr. Chen has actively mentored and advised students at his previous institutions. His guidance has played a vital role in the success of his advisees, who have received notable accolades such as the Pacific University Outstanding Graduate 2021, Robert Barry Carson Best Paper Award, and SUNY Chancellor's Award for Student Excellence.

Furthermore, Dr. Chen is a dedicated member of various academic and finance associations, demonstrating his commitment to the advancement of knowledge in his field. His contributions have been acknowledged through his receipt of the Faculty Development Awards in 2019, as well as the Story-Dondero award in 2020 and 2021, which recognize outstanding research and scholarship proposals by Pacific University faculty.

Overall, Dr. Chen's extensive teaching experience, research accomplishments, and commitment to student mentorship and academic associations make him a highly respected and valued member of the academic community.

Education

PhD in Finance, University of Oklahoma (Price College of Business), August 2014

M.S. in Finance, Singapore Management University, Singapore, 2009

M.A. in Economics, Xiamen University (Wang Ya'nan Institute for Studies in Economics), China, 2009

B.A. in Financial Engineering, Xiamen University, China, 2006

Publications

1. Merton Model’s Prediction and Empirical Evidence on Bond and Equity Prices Reaction to New Bond Issues. Applied Economics (2022). https://doi.org/10.1080/00036846.2020.1861205
2. How a New Bond Issuance Affects the Liquidity of A Bond Portfolio. (with Duane Stock). Journal of Fixed Income Fall (2021). https://doi.org/10.3905/jfi.2021.1.117
3. The Wealth Effects of Mergers and Acquisitions on Bondholders: New Evidence from the Over-the-Counter Market, (with Krishnan Ramaya and Wei Wu). Journal of Economics and Business 107, January-February, (2020). https://doi.org/10.1016/j.jeconbus.2019.105862
   • Journal of Economics and Business Best Paper Award-2020
4. The Impact of New Debt Offerings on Existing Corporate Bondholders, (with Duane Stock). Journal of Financial Research. (2018) Vol.41 (3), p.383-410. https://doi.org/10.1111/jfir.12157
   • Semifinalist for the Best Paper Award in Corporate Finance, Financial Management Association-2016.
5. Pre-trade Transparency in Over-the-Counter Bond Markets, with Zhuo Zhong, Pacific-Basin Finance Journal 45, October, (2017): 14-33. https://doi.org/10.1016/j.pacfin.2016.08.001
   • Best Paper Award sponsored by Capital Markets CRC, the 5th Behavioral Finance and Capital Markets Conference-2015.
6. Investment and Operating Choice: Oil and Natural Gas Futures Prices and Drilling Activity, with Scott Linn, Energy Economics 66, August, (2017): 54-68.https://doi.org/10.1016/j.eneco.2017.05.012
7. The Wealth Effects of Dividend Announcements on Bondholders: New Evidence from the Over-the-counter Market, Journal of Economics and Business 86, July-August, (2016): 52-75. http://dx.doi.org/10.1016/j.jeconbus.2016.04.003
   • Semifinalist for the Best Paper Award in Corporate Finance, Financial Management Association-2012.