Fang (Frank) Chen, Ph.D.

Professor
Coordinator of M.S. Finance and Financial Analytics

Department of Accounting, Finance, and Marketing
Pompea College of Business

Fang (Frank)  Chen

Education

  • Ph.D. in Finance, University of Rhode Island, 2012
    M.S. in Information Systems, Bryant College, USA, 2003
    MBA in Information Systems, University of Toledo, USA, 2001
    M.S. in Construction Management, Tianjin University, China, 1995
    B.S. in Harbor Engineering, Tianjin University, China, 1992

About Fang (Frank)

Fang (Frank) Chen, Professor of Finance at the University of New Haven's Pompea College of Business, combines a strong academic background with an exceptional track record in teaching and research. After receiving his Ph.D. in Finance from the University of Rhode Island in 2012, Chen has developed expertise in artificial intelligence (AI) applications in finance, FinTech, supply chain finance, sustainable finance, risk management, credit risk, corporate finance, investments, and corporate governance.

His research has been widely recognized and published in leading academic journals, including The Review of Asset Pricing Studies, Journal of Banking & Finance, Financial Review, Pacific-Basin Finance Journal, Finance Research Letters, Business Strategy and the Environment, and American Business Review, among others. Committed to fostering a culture of continuous learning, Chen teaches courses in artificial intelligence (AI) applications in finance, FinTech, Corporate Finance, Investment, International Finance, Derivatives, and related areas.

Chen's commitment to quality education extends beyond the traditional classroom. He has partnered with Wiley to develop innovative asynchronous and synchronous online graduate-level finance courses, bridging the gap between academia and real-world applications. In recognition of his accomplishments in research and teaching, he received the College of Business Excellence in Research Award in 2020 and the Excellence in Teaching Award in 2019.

A recognized expert in his field, Chen regularly contributes to discussions in prominent media outlets, including The Wall Street Journal, The Washington Times, NBC Connecticut, WFSB Channel 3, and WICC 600AM Connecticut Today. He also contributes to the academic and professional communities through editorial and professional service. He serves on the board of the Modern Risk Society and on the Editorial Board of American Business Review. He has served as a manuscript reviewer for respected academic journals, including The British Accounting Review, Pacific-Basin Finance Journal, International Review of Financial Analysis, Applied Economics, American Business Review, and Finance Research Letters, among others. He received the 2020 Modern Risk Society Contribution Award for his role in the development of international risk management societies.

 

Selected Publications

  • Chen, F., Li, Y., Wu, W., Yu, T., & Huang, J. (2026). “Asset Growth Anomaly of Corporate Bonds: A Decomposition Analysis.” The Review of Asset Pricing Studies, 16(1), 50–94.
  • Li, S., Chen, F. & Ngniatedema. T., 2025. “Emotion Analysis and Topic Modelling of Supply Chain Discussion during the COVID-19 Pandemic”, American Business Review, 28(1), 1-20.
  • Chen, F., Jia, J., Lin, Y and Xiang, G., 2022. "Should managers be incentivized with stock or options? Evidence from China", Pacific-Basin Finance Journal, 75, 101842.
  • Chen, F., Huang, J., and Jia, J., 2022. "Cash Holdings along Supply Chain: The Downstream Evidence", Journal of Economics and Finance, 46, 452–471.
  • Chen, F., Huang, J., Ma, M. and Yu, H., 2021, "In-house Deals: Agency and Information Asymmetry Perspectives", Corporate Ownership & Control, 18(2), 8-19.
  • Chen, F., Huang,J., Sun, Z. and Yu, T., 2020. "Why Do Firms Issue Guaranteed Bonds?", Journal of Banking & Finance, 119, 1-17.
  • Chen, F., Du, L., Flaherty, S. M.V., Huang, J., Torna, G., 2020. "Not all threats are taken equally: Evidence from proxy fights", Financial Review, 55(1), 145-168.
  • Zhang, Y., Chen, F., Huang, J. and Shenoy, C., 2019. "Hot Money Flows and Production Uncertainty: Evidence from China", Pacific-Basin Finance Journal, 57(C), 1-16.
  • Chen, F., Huang, J. and Yu, H., 2019. "The Intra-Industry Effects of Proxy Contests", Journal of Economics and Finance, 44(2), 321-347.
  • Boynton, W. and Chen, F., 2018. "A Parametric Bootstrap to Evaluate Portfolio Allocation Models", Finance Research Letters, 25, 76-82.
  • Chen, F., Huang, J. and Yu, H., 2018. "Firm Risk and Proxy Fights: Evidence from SOX", Accounting and Finance Research, 7(2), 96-109.
  • Chen, F., Ngniatedema, T. and Li, S., 2018. "A cross-country comparison of green initiatives, green performance and financial performance", Management Decision, 56(6), 1008-1032.
  • Li, S., Ngniatedema, T. and Chen, F., 2017. "Understanding the Impact of Green Initiatives and Green Performance on Financial Performance in the US", Business Strategy and the Environment, 26(6), 776-790.
  • Chen, F., Chen, J., Sun, Z., Yu, T. and Zhong, M, 2013. "Systemic Risk, Financial Crisis and Credit Risk Insurance", Financial Review, 48, 417-422.
  • Chen, F. and Jarrett, J. 2011, "Financial Crisis and the Market Efficiency in the Chinese Equity Markets", Journal of the Asia Pacific Economy, 16(3), 456-463.
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  • Awards and Honors

  • Excellence in Research Award, College of Business, University of New Haven, 2020
  • Modern Risk Society Contribution Award, 2020
  • Excellence in Teaching Award, College of Business, University of New Haven, 2019
  • Best Paper in the Category of Application to Theory, Northeast Decision Sciences Conference, March 22 -25, 2017, Springfield, MA.
  • College of Business Doctoral Research Award, University of Rhode Island, 2013
  • Enhancement of Graduate Research Award, University of Rhode Island, 2012 & 2013
  • PACAP Student Research Excellent Award, University of Rhode Island, 2009
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    • Professional Memberships and Development

      • American Finance Association (AFA)
      • European Finance Association (EFA)
      • Financial Management Association (FMA)
      • Southern Finance Association (SFA)
      • Beta Gamma Sigma
      • Sigma Iota Epsilon
      • Completed the Master Teacher Program by Harvey Brightman, Atlanta, Georgia, May 2018
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