PRIVATE EQUITY INVESTMENT

私募股权投资

COURSE DESCRIPTION

This course will focus on financing issues facing the entrepreneur. We will study the tools and methods used in determining how much money a venture actually needs in order to be viable. Further, we will explore tools and approaches used when selling an idea to potential investors. Attention will be devoted to the different types of financing alternatives available to new and early stage ventures. The venture capital market will be investigated. In addition, we will explore issues involved exit strategies. Students will be encouraged to understand financing issues and options from the vantage points both of the entrepreneur and the investor.

主讲教师：Wenjia Zhang (张文佳)   Yancong Wang (王艳聪)

张文佳

教育背景：

2011年8月获美国欧道明大学工商管理博士学位（金融专业）

2004年7月获中国科学技术大学经济学硕士学位（金融专业）

2000年7月获西安交通大学文学和经济学学士学位

研究领域：公司并购、行为金融、金融稳定性等

主要科研成果：

1. Government-affiliation, bilateral political relations and cross-border mergers: Evidence from China, with Nathan Mauck, Pacific-Basin Finance Journal, 2018, 51, pp.220-250. (SSCI)

2. Envy-motivated merger waves, with John A. Doukas, European Financial Management, 2016, 22(1), pp. 63-119. (SSCI)

3. Do equity mispricing and management compensation incentives drive bank mergers? with John A. Doukas, Review of Behavioral Finance, 2015, 7(1), pp. 2-41. (2016 Outstanding Paper of Review of Behavioral Finance)

4. Diversification, monitoring effects and banking mergers, International Journal of Economics and Finance, 6(2), 2014.

5. An examination of component returns and volatility for country-specific equity funds in emerging markets: Evidence from Asian financial crisis, with Sylvia C. Hudgins, China-USA Business Review, 12(10), 2013.

6. Managerial gambling attitudes: Evidence from bank acquisitions, with John A. Doukas, Review of Behavioral Finance, 2013, 5(1), pp.4-34. (2014 Outstanding Paper of Review of Behavioral Finance)

7.《美国银行业并购研究》（专著），2016年1月，武汉大学出版社。

王艳聪

教育背景：

2018年6月获中国人民大学经济学博士学位（财政专业）

2009年6月获加拿大约克大学文学硕士学位（经济学专业）

2007年7月获西安交通大学管理学和文学双学士学位

研究领域：财政与金融政策、社会保障等

主要研究成果：

企业薪酬结构与劳动生产率——基于住房公积金角度的实证分析，《现代管理科学》，2018年1月。

环境污染与城市房价，《现代管理科学》，2017年12月。