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Pang-Li Chen

PhD Candidate



On the Job Market

PhD Advisors


Ph.D. Student, Finance (2023, expected) Department of Finance, LeBow College of Business Drexel University, Philadelphia, PA Committee: Greg Nini (Chair), David Becher, Eliezer Fich, Joseph Kalmenovitz, Michelle Lowry

Master of Science in Economics (2014) The Chinese University of Hong Kong, Hong Kong

Bachelor of Commerce/Bachelor of Science, Major in Actuarial Studies, Finance, and Statistics (2012) The University of New South Wales, Sydney, Australia


Redeploying Dirty Assets: The Impact of Environmental Liability (JMP)
FMCG (2021) Ph.D. Best Paper award

  • Presentations: SFS Cavalcade 2022, EFA Doctoral Tutorial 2022, Asian Finance Association Doctoral Consortium 2022, FDIC/JFSR Bank Conference 2021 (Poster), American Finance Association Poster Session 2022, FMA Doctoral Consortium & Special JMP presentation 2021, FMA Annual Meeting 2021, Financial Markets and Corporate Governance Conference Ph.D. Symposium 2021, SFA 2021, China International Risk Forum 2021, 2021 International Conference of Taiwan Finance Association, Stevens Institute Technology Ph.D. Seminar 2022, Drexel Brownbag 2021

The Environmental Consequences of Pay Inequality (with Joseph Kalmenovitz) FMCG (2021) Runner-up Best paper award

  • Presentations: Midwest Finance Association 2022, Conference on Empirical Legal Studies 2022, FMA Annual Meeting 2021*, New Zealand Finance Meeting 2021, Financial Markets and Corporate Governance Conference 2021, Uni of Mannheim 2021*, India Finance Conference 2021*, CSR, the Economy, & Financial Markets 2021*

Regulatory Similarity (with Joseph Kalmenovitz) R&R at the Journal of Law & Economics

  • Presentations: Annual Conference on Law and Macroeconomics 2021*, World Finance & Banking Symposium 2021*, FMA Annual Meeting 2021*, New York University 2021*, Drexel Brownbag 2020*

Do Directorship Returns Affect CEO Turnover? (Solo authored)

  • Presentations: AFA Poster Session 2021, Eastern Finance Association 2021, Southwestern Finance Association 2021, Financial Markets and Corporate Governance Conference 2021, FMA Annual Meeting 2021, World Finance Conference 2021

* Indicates presentation by co-author

Teaching Experience

Introduction to Finance (FIN301): Winter 2019, Fall 2020 (Online), Fall 2021 Ph.D. Coding Bootcamp Summer 2019, Summer 2020, Summer 2021


2022 EFA Doctoral Tutorial Travel Stipend 2022 Teck-Kah Lim Graduate Student Travel Award 2021 FMCG Ph.D. Best Paper Award 2021 FMCG Runner-up Best Paper Award 2013-2014 Dean’s List, The Chinese University of Hong Kong