
Fenghua Song
Associate Professor · Banking and Financial Crises
Pennsylvania State UniversityAbout
Fenghua Song is an Associate Professor of Finance at the Smeal College of Business, Pennsylvania State University. He holds a PhD from Washington University in St. Louis (2007) and an MS in Finance from the National University of Singapore (2002). His research focuses on banking and financial crises, executive compensation, corporate governance, and the economics of information. He teaches financial management and corporate finance at both undergraduate and PhD levels.
His work has been published in prestigious journals such as Journal of Finance, Review of Financial Studies, and Journal of Financial Intermediation. Recent research explores topics like 'Bailout Addiction,' 'Ethics in Banking,' and 'Market Freeze Dynamics.' His findings have been featured in platforms like VoxEU and the Harvard Law School Forum on Corporate Governance.
- Key Research Themes: Financial system architecture, corporate governance mechanisms, banking stability, and executive compensation design.
- Awards: Joseph F. Bradley Fellow of Finance.
Dr. Song’s contributions bridge theoretical finance with practical policy implications, addressing systemic risks and institutional challenges in global financial markets. He has collaborated extensively with scholars such as Anjan Thakor, producing influential papers on topics ranging from financial crises to talent competition in banking sectors.





