金融与财务学系系列讲座之291期

时   间：2023年11月14日（周二）10:00-11:30

Zoom会议号：825 2744 1501 密码： 299306

主   题：The Real Effect of Sociopolitical Ethnic Animus: Mutual Fund Manager Performance During the AAPI Hate

演讲者：Wei Jiang教授, Emory University

摘   要：During the unexpected 2020-2021 “AAPI Hate,” mutual funds with female managers perceived as of East Asian descent (the primary targets) experienced performance deterioration relative to other female managers. The impact intensified in states with higher anti-Asian crime rates or sentiment, among more actively managed portfolios, and when these managers play leadership roles. We address alternative hypotheses, including investor redemption, workplace animus, childcare challenges, and concerns for families overseas during the pandemic. Performance deterioration manifests itself mainly in stock picking. Our study highlights the negative productivity impact of racial-ethnic animosity even when it arises outside the workplace and the labor market.

简   介：Wei Jiang earned her PhD in Economics from the University of Chicago in 2001. She is a Senior Fellow at the Program on Corporate Governance at Harvard Law School, and a Research Associate of the NBER (Law and Economics, and Corporate Finance). Jiang's main research interests lie in corporate governance, institutional investors, technology and financial markets. She has published extensively in top finance, economics, and law journals, and received numerous awards for research excellence. Prior to joining the faculty at Emory in 2022, Jiang was the Arthur F. Bruns Professor of Free Competitive Enterprise at Columbia Business School, Columbia University; as well as previously serving as Vice Dean (for Curriculum and Instruction) at Columbia Business School. She currently serves as the president of the Society of Financial Studies.

金融与财务学系

2023-11-10