معرفی
Li Haitao serves as Dean, Dean's Distinguished Chair Professor of Finance, and Director of the Family Business Research Center at Cheung Kong Graduate School of Business (CKGSB). Holding a PhD from Yale University, he previously held faculty positions at the University of Michigan's Stephen M. Ross School of Business and Cornell University's Johnson Graduate School of Management. His academic leadership extends to editorial roles at Management Science and the International Review of Finance.
Education:
- PhD in Finance, Yale University
Professor Li's research spans quantitative finance with emphasis on asset pricing anomalies, derivative securities valuation, and fixed income modeling. His work integrates advanced mathematical techniques including Lévy processes and Bayesian analysis to address complex market phenomena. Key contributions examine volatility smiles in interest rate caps, survival bias in equity returns, and nonparametric estimation of state-price densities. His expertise bridges theoretical finance with practical applications in hedge fund performance evaluation and corporate risk management.
His publication record reveals consistent contributions to top finance journals including the Journal of Finance, Review of Financial Studies, and Journal of Financial Economics, with research evolving from foundational term structure modeling toward contemporary challenges in liquidity risk and machine learning applications in finance.
Scientific Awards:
- Sanford R. Robertson Professorship, University of Michigan (2007-2008)
- NTT Research Fellowship, University of Michigan (2006-2007)
- Q-Group Research Grant (2004)
- Best Student Paper Award, Eastern Finance Association (1997)
- Trefftz Award, Western Finance Association (1996)
- Sterling Prize Fellowship, Yale University (1991-1993)
Professor Li actively contributes to academic governance through editorial board service while directing CKGSB's Family Business Research Center. His current research agenda focuses on AI applications in financial markets and China's evolving role in global finance, evidenced by recent speaking engagements at the 2025 Summer Davos and Boao Forum for Asia. He serves on the editorial boards of Management Science (Finance Department) and the International Review of Finance.
As Director of the Family Business Research Center, he leads initiatives examining succession planning in Chinese family enterprises and cross-border investment patterns, with recent projects analyzing Macau's casino industry leadership transitions and China-Africa economic relationships.
