Jason Chen Assistant Professor of Finance Sauder School of Business, University of British Columbia 2053 Main Mall, Vancouver, BC V6T 1Z2 Phone: (604) 827-3152 Fax: (604) 822-4695 Email:

Visiting Stanford University in Winter 2012 (Jan-March)

Visiting Northwestern University in Spring 2012 (April-June)

Curriculum Vitae

Commerce 371 Theory of Finance (Password Protected)

Commerce 374 Security Markets (Password Protected)

Donau MBA Financial Strategies

IMBA BAFI 511 Investments

MBA BAFI 510 Security Analysis

Do Non-financial Stakeholders Affect the Pricing of Risky Debt? Evidence from Unionized Workers (with Marcin Kacperczyk and Hernan Ortiz-Molina), Review of Finance 16 (2), April 2012 (347-383).

Investment-Cash Flow Sensitivity Cannot Be a Good Measure of Financial Constraints: Evidence from the Time Series (with Shaojun Chen), Journal of Financial Economics 103 (2), Feb. 2012 (393-410), Sas and Stata Programs.

Average Stock Variance and Market Returns: Evidence of Time-Varying Predictability at the Daily Frequency (with Hernan Ortiz-Molina and Siliang Zhang), Journal of Portfolio Management 37 (4), Summer 2011 (86-95).

Firm Life Expectancy and the Heterogeneity of the Book-to-Market Effect, Journal of Financial Economics 100 (2), May 2011 (402-423), Technical Appendix.

Labor Unions, Operating Flexibility, and the Cost of Equity (with Marcin Kacperczyk and Hernan Ortiz-Molina), Journal of Financial and Quantitative Analysis 46 (1), Feb. 2011 (25-58).

The Growth Premium, 2012

Empirical Investigation of an Equity Pairs Trading Strategy, with Shaojun Chen and Feng Li, 2012, one of five finalists, PanAgora Asset Management Crowell Prize

Firm Specific Information and the Cost of Equity Capital, with Philip G. Berger and Feng Li, 2011

Interview by the Money Talks Magazine regarding the U.S. subprime financial crisis (in Chinese), November 2008.
Interviews by Fairchild Radio regarding the acquisition of T&T and BC Budget.
Interview by CBC TV Market Place, aired in April 2010.

Nominated for SSHRC Aurora Prize for being ranked No. 1 among new scholars in SSHRC Committee 22 (accounting, finance, management science, production and operating management), 2011

Finalist, PanAgora Asset Management Crowell Prize, 2009

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