Academic Profile

Tao Chen joined Nanyang Business School (NBS) as an Assistant Professor in Finance in 2014. His research interest focuses on how financial market participants influence corporate policies, particularly issues related to environmental, social and corporate governance (ESG) and how FinTech and financial innovation affect financial inclusion and risk.

He has published his work in Journal of Financial Economics (×2), Management Science (×3), Journal of Financial and Quantitative Analysis, Strategic Management Journal, Journal of Management Information Systems, Journal of Banking and Finance (×2), Journal of Corporate Finance (×2), Journal of Empirical Finance, and Accounting and Finance. His papers have been presented at major finance conferences including AFA, WFA, EFA, SFS Cavalcade, AAA, FIRS, ABFER, Finance Down Under, ECCCS, top business schools, such as MIT Sloan, NYU Stern, UPenn Wharton, Cambridge Judge, LBS, LSE, UF Warrington, UNC Kenan-Flagler, leading institutions, such as NBER, Federal Reserve Board, BIS, Luohan Academy, and covered by Financial Times, VoxEU, Lianhe Zaobao, and the Network for Business Sustainability.

Tao was elected to join the Board of Directors of Asian Finance Association (AsFA), and was invited to serve as an HKIMR Visiting Research Fellow by Hong Kong Monetary Authority (HKMA) and a Societal Impact Fellow by NTU Institute of Science and Technology for Humanity (NISTH). He has received numerous awards, including CUHK Young Scholars Award, NBS Teaching Excellence Award, Outstanding Paper Award in Annual Conference on Asia-Pacific Financial Markets, Best Paper Award in Asian Finance Association Annual Meeting, and Pioneer Award in 2020 Peak Initiative of Digital Finance Open Research.

He has excellent teaching evaluations with an average of 98 (out of 100) in recent years, substantially above the school average. Due to his effective and innovative teaching, he was awarded the 2018 NBS Teaching Excellence Award. He was also nominated for the 2018 NBS Business Teacher of the Year Award and the 2020 Nanyang Education Award.
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Assoc Prof Chen Tao, Jonas
Associate Professor, College of Business (Nanyang Business School) - Division of Banking & Finance

Corporate Finance, ESG, FinTech
  • Dual Ownership and Managerial Incentives: Evidence from Mergers between Bond and Equity Holders
  • T. Chen, Y. Tan, J. Wang, and C. Zeng. (2021). The Unintended Consequence of Land Finance: Evidence from Corporate Tax Avoidance. Management Science, Forthcoming.

  • T. Chen, H.K. Cheng, Y. Jin, S. Li, and L. Qiu. (2021). Impact of Competition on Innovations of IT Industry: An Empirical Investigation. Journal of Management Information Systems, Forthcoming.

  • T. Chen, C. Lin, and X. Shao. (2021). Globalization and U.S. Corporate Tax Policies: Evidence From Import Competition. Management Science, Forthcoming.

  • T. Chen, H. Dong, and C. Lin. (2020). Institutional Shareholders and Corporate Social Responsibility. Journal of Financial Economics, 135(2), 483-504.

  • D. A. Schuler, W. Shi, R. E. Hoskisson, and T. Chen. (2017). Windfalls of “Emperors’ Sojourns”: Stock Market Reactions to Chinese Firms Hosting High Ranking of Government Officials. Strategic Management Journal, 38(8), 1668-1687.

  • T. Chen and C. Lin. (2017). Does Information Asymmetry Affect Tax Aggressiveness?. Journal of Financial and Quantitative Analysis, 52(5), 2053-2081.

  • T. Beck, T. Chen, F.M. Song, and C. Lin. (2016). Financial Innovation: The Bright and the Dark Sides. Journal of Banking and Finance, 72, 28-51.

  • T. Chen. (2015). Institutions, Board Structure and Corporate Performance: Evidence from Chinese Firms”. Journal of Corporate Finance, 32, 217-237.

  • T. Chen, J. Harford, and C. Lin. (2015). Do Analysts Matter for Governance? Evidence from Natural Experiments. Journal of Financial Economics, 115(2), 383-410.