Contact details +6469517053
Prof Jeff Wongchoti
Professor of Finance
School of Economics and FinanceJeff, a finance PhD from USA with diverse publications in quality journals (including TWENTY TWO 'A'-rated articles in ABDC list). An advisory editorial board member to Journal of Asian Business and Economic Studies, he has served as a referee for journals/conferences in hundreds of occasions worldwide. He has also mentored and supervised NINE PhD graduates at Ƶ. since-2003
STUDENTS' TESTIMONIALS:
2023:
"Dr. Jeff (Wongchoti) has been the absolute perfect man for the 125.330 Capstone course, and has arisen as my degree's all-time favourite professor." - 125.330 Anonymous
"Firstly, I just want to say, how much I am enjoying your lectures! Massey has kept the best till this final/capstone paper (125330)!" - 125.330 Local Distance student
"I just wanted to say that I really enjoy your lectures- they are extremely helpful. I struggle a bit with finance and past teachers have just stated the lecture slides very plainly, but you really explain the concepts and after watching it everything seems logical. It makes a big difference & I’m starting to enjoy finance a bit more. So thank you!!" - 125.330 Local Distance student
"Your passion and enthusiasm for the subject have certainly sparked a greater interest in me. Wishing you a pleasant day ahead and eagerly anticipating our next class." - 125.810 International Block student
Pre 2023:
“Really loved this course. Jeff's teaching style is very effective, managing to break down complicated concepts to be understandable, which is a great quality to have when teaching a capstone course. Overall I feel like this course nicely expanded on all my previous corporate finance knowledge in a way that will be useful and applicable to my career. Jeff was great when it came to setting instructions for assignments; he gave us helpful hints without giving us the answer directly, which made the work very meaningful and rewarding. Jeff is a very approachable guy, who would always provide useful answers and explanations to any quires I had. He always made an effort to connect with the students; whether it be simply asking for our names, or asking for our opinions on the content of the course. Hands down the best lecturer I've had and the most interesting/ enjoyable class I've taken!”
“I really liked the way Jeff taught this course. Usually, I can just memorize formulas and plug away at the numbers but I felt like Jeff was always trying to push for more than that. He was always trying to push for us to understand what those numbers and formulas mean. I’ve done pretty well in past finance papers, but this paper challenged me. I didn’t like it at first because I just wanted to plug in the numbers as in the past and get a good grade. But I’ve come to appreciate this paper and Jeff’s approach to teaching finance. I can definitely see why this is the capstone course for finance, it really does test to see if you actually understood anything in those previous finance courses. Thanks Jeff.”
SAMPLE:https://webcast.massey.ac.nz/mediasite/play/76f67c9d2e23438a829125dd1bcb01e01d
HIGHLIGHTS
- Published 37 Articles-in-Finance
- 22-of-which ranked 'A-level' (ABDC list):
Financial Management
Journal of Banking and Finance (A* ,THREE-articles;2015,2016,2022)
Journal of Business, Finance, and Accounting (A*:2022)
The Financial Review (FOUR-articles;2005,2005,2015,2019)
Pacific-Basin Finance Journal (THREE-articles;2008,2016,2021)
International Review of Financial Analysis (THREE-articles;2008,2009,2016)
International Review of Economics and Finance
Emerging Markets Review(TWO-articles:2015,2024)
Finance Research Letters (2019:highly-cited-article-on-cryptocurrency)
International Review of Finance
Applied Economics
Global Finance Journal
- NINE complete(&FIVE on-going) Massey-finance PhD-supervisions
- TEN Taught Courses@Massey: Fundamentals-of-Finance(100-level-125100), Managerial-Finance(700-level-125700), Investment (MBA), Advanced-Business-Finance (Finance-Final-Undergrad-Course-125330), Reseach-Methods (econometrics-125785), Advanced-Risk-Management-125781, Bank-Financial-Management-125364, Case-Studies-in-Corporate-Finance-and-Risk-Management-125810,and-Advanced-Risk-Analytics-125811 (Teaching-evaluation:Year-2020 Approval-rate 98% on-average)
- Notable speaker/contributor/referee for finance conferences/journals worldwide
- Post-Graduate/College Studies Committee(2008-2016)
- PhD-coordinator(SEF-PNTH-campus)
- International-coauthors-network(47): Massey(12),NZ(5),US(8),China(8),Vietnam(6),Malaysia(2),Cambodia,Canada,Pakistan,Thailand,Australia,and Singapore
Finance-sample-clip125330:
https://webcast.massey.ac.nz/mediasite/play/76f67c9d2e23438a829125dd1bcb01e01d
Professional
Contact details
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Ph: 84053
Location: 2.06, Business Studies West (BSW)
Campus: Turitea
Research Expertise
Research Interests
Current interests/missions include (but not limited to):
Stock price synchronicity and its implications:
"Jeff is one of the advocates of the radical view that less synchronized (low R2) stocks are actually less (not more) informative. He proved this point through the use of signalling effect. His co-authored paper that uses signalling from analyst recommendation revisions was published in Journal of Banking and Finance in 2015. He is now also campaigning this very important point through dividend signalling effect and the link to corporate bond markets."
Shareholder activism (with GMI proposal data 2003 to 2010 available for co-authoring):
"Jeff, together with co-authors, published the first paper that points to the reduction of information asymmetry between corporate outsiders as a result of shareholder activism, as evidenced in union shareholder activism. This is published in Journal of Banking and Finance 2016."
Political aspects and stock returns
"In the Financial Review 2015, Jeff's co-authored paper shows that politically-connected firms in Thailand provides return premiums. This advocates the market efficiency as 'economic rents' should be valued in Thailand and political connections (not always obvious) can be traced based on active search by investors. This article was also featured in the short-list for FR readers' choice award during 2015. His 2015 Emerging Markets Review article also indicated that militargy regimes do not necessarily lead to inferior stock market performances in emerging markets, according to the data. Jeff also co-authored in the first paper (2005) that looked at the effect of 'labour' versus 'national' governments on New Zealand stock market. The findings in New Zealand was not as puzzling as in the US, as shown in that study."
CSR and emerging issues in corporate finance
"Together with co-authors, Jeff publishes a forthcoming paper in International Review of Financial Analysis 2016 that CSR requires positioning. For some types of companies, being a bit worse than peers can even produce values. Relative (not absolute, as conventionally analyzed) CSR is the key. Other working manuscripts touch on 'geography of CSR', 'CSR inactivity as a possible indicator of myopic behaviors', and 'CSR aspects in Kiwi corporations."
Gender diversity and issues in corporate finance
"In 2016, Jeff publishes a paper with his co-authors in Pacific Basin Finance Journal that supports the role of female executives among Chinese corproations in the reduction of value-destroying corporate risk-taking."
Aspects in Exchange Traded Funds
"Jeff published two articles (2011, 2014) in a practitioners based journal (Journal of Index Investing) that touch on the issues around gold and silver ETFs."
Investors' learning and stock valuation
"Jeff has worked on an ambitious co-authored project that points to the learning curve in stock valuation around the world. The paper also shows that the enforcement of insider trading laws is critical in the process."
Other past published articles:
Trading volume dynamics
Trading strategies and profits
Microstructure applications to IPO
Stock price informativeness
The above were published in The Financial Review, Pacific Basin Finance Journal, International Review of Financial Analysis, and others.
Thematics
Design – for Commerce, Community and Culture
Area of Expertise
Field of research codes
Economics (140000):
Information And Computing Sciences (080000):
Other Economics (149900)
Keywords
Financial Eonomics
Research Outputs
Journal
[Journal article]Authored by: Fang, J., Hao, W., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Hao, W., Liao, J., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Fang, J., Wongchoti, U.
[Journal article]Authored by: Kabir, M., Wongchoti, U.
[Journal article]Authored by: Hao, W., Wongchoti, U.
[Journal article]Authored by: Fang, J., Hao, W., Wongchoti, U.
[Journal article]Authored by: Hao, W., Wongchoti, U.
[Journal article]Authored by: Hao, W., Wongchoti, U.Edited by: Hao, W.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Chen, J., Hao, W., Wongchoti, U., Young, M.
[Journal article]Authored by: Hao, W., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Chen, J., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Hao, W., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Marshall, B., Wongchoti, U.
[Journal article]Authored by: Liao, J., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Hao, W., Wongchoti, U.
[Journal article]Authored by: Wongchoti, U., Young, M.
[Journal article]Authored by: Wongchoti, U., Young, M.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U., Young, M.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
[Journal article]Authored by: Wongchoti, U.
Conference
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Kabir, M., Wongchoti, U.
[Conference Paper]Authored by: Kabir, M., Wongchoti, U.
[Conference Paper]Authored by: Kabir, M., Wongchoti, U.
[Conference Paper]Authored by: Kabir, M., Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Kabir, M., Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Hao, W., Wongchoti, U.
[Conference Paper]Authored by: Hao, W., Wongchoti, U., Young, M.
[Conference Paper]Authored by: Chen, J., Hao, W., Wongchoti, U., Young, M.
[Conference Oral Presentation]Authored by: Hao, W., Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Chen, J., Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U., Young, M.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U., Young, M.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Paper in Published Proceedings]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
[Conference Oral Presentation]Authored by: Wongchoti, U.
Teaching and Supervision
Summary of Doctoral Supervision
Position | Current | Completed |
---|---|---|
Main Supervisor | 2 | 5 |
Co-supervisor | 1 | 4 |
Current Doctoral Supervision
Main Supervisor of:
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Swati Puri
-
Doctor of Philosophy
Corporate Finance in Indian Markets -
Hai Hong Trinh
-
Doctor of Philosophy
The Financial Impacts of Climate Risk
Co-supervisor of:
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Norah Feng
-
Doctor of Philosophy
Retirement planning and pension fund
Completed Doctoral Supervision
Main Supervisor of:
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2024
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Van Phuc Nguyen
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Doctor of Philosophy
Three Essays on the Impact of Regulatory Changes on Firms’ Operation -
2023
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Baizhou Lu
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Doctor of Philosophy
The Economic Impact of Corporate Offshore Investments: A Chinese Perspective -
2022
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Sulueti Manu O'Uiha
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Doctor of Philosophy
Aligning interests: The Impact of CEO Compensation Schemes on Corporate Executive Behaviour and the Cost of Debt -
2022
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Anum Malik
-
Doctor of Philosophy
Three Essays on Style Drift in Mutual Funds -
2016
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Wei Hao
-
Doctor of Philosophy
R2 and Stock Price Informativeness: New Empirical Evidence
Co-supervisor of:
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2021
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Bilal Raja
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Doctor of Philosophy
Emerging Aspects of Shareholder Activism -
2015
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Suresh Rajput
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Doctor of Philosophy
Pattern Recognition Techniques and Financial Analysis -
2015
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Christoffel Ferreira
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Doctor of Philosophy
Essays on Corporate Social Responsibility -
2012
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Sireethorn Civilize
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Doctor of Philosophy
The impact of Politics on Stock Return Dynamics in Emerging Markets