Full CV

Ph.D. Finance, Georgia Institute of Technology, Atlanta, GA, 2003

M.B.A. State University of New York at Buffalo, Buffalo, NY, 1995

B.A. Industrial Engineering and Management, National Cheng Kong University, Taiwan, 1993

Academic Positions Held

Current Appointment:

Assistant Professor, Singapore Management University (2003 – Present)

Honors & Awards

Best Paper Award in Global Finance & Special Topics, Southern Finance Association (December 2003)

Research Grant from BSI Gamma Foundation (2003)

Research Grant from Financial Services Exchange (2002)

Outstanding Doctoral Student Teaching Award at Georgia Institute of Technology (2002)

Scholarship from Center for International Business and Research (2002)
Scholarship from Fortis/Georgia Tech International Finance Conference (2001-2002)

Doctoral Fellowship from Georgia Institute of Technology (1999-2003)

Courses Taught in SMU

International Finance

Research Areas

International Finance

Portfolio Analysis

Mutual Fund

Empirical Asset Pricing

Current Projects

Currency Comovement

Factor Funds, Mean-Variance Efficiency, and the Gains from International Diversification

Institutional Trading and Bond Ratings

Evolution of Earnings-to-Price Ratios: International Evidence

Publications

Choong Tze Chua, Sandy Lai and Yangru Wu, “Effective Fair Pricing of International Mutual Funds”, Journal of Banking & Finance, forthcoming.

Sandy Lai and Melvyn Teo, “Home Biased Analysts in Emerging Markets”, Journal of Financial and Quantitative Analysis, forthcoming.

Cheol S. Eun, Wei Huang, and Sandy Lai, “International Diversification with Large- and Small-Cap Stocks”, Journal of Financial and Quantitative Analysis, forthcoming.

Choong Tze Chua, Cheol S. Eun, and Sandy Lai (2007), “Corporate Valuation Around the World: The Effects of Governance, Growth, and Openness”, Journal of Banking & Finance, 31: 35-56.