Ang, Alvin

BBA (Emory); MFin, MFinEc, PhD (UNSW); CFA

Senior Lecturer


Department of Finance

Room 854, 8/F
Cheng Yu Tung Building
12 Chak Cheung Street
Shatin, N.T., Hong Kong

+852 3943 7747


Dr. Alvin Ang joined CUHK Business School as a Senior Lecturer in the Department of Finance. He obtained his PhD in Finance, Master of Finance, and Master in Financial Economics from UNSW Business School, University of New South Wales, and BBA with a major in Finance from Goizueta Business School, Emory University. Alvin’s main research area focuses on the impact of competitive forces, ESG considerations, and political institutions on corporate financial and investment policy. His recent research has been published in the Journal of Financial and Quantitative Analysis. Prior to joining academia, Alvin worked in the investment banking and asset management industry in the United States. He is a CFA charterholder and member of CFA Society Singapore.

Teaching Areas

International Finance
Corporate Finance

Research Interests

Corporate Finance
Sustainable Finance
Industrial Organization
Political Economics

  • Publications & Working Papers
    • Masulis, R., Pham, P., Zein, J., and Ang, A., “Crises as Opportunities for Growth: The Strategic Value of Business Group Affiliation,” Journal of Financial and Quantitative Analysis, forthcoming.
    • Ang, A. and Tumarkin, R., “Competitive Risk and Corporate Demand for Liquidity”.
    • Ang, A., Cheng, L., and Wei, W. C., “ESG Score Divergence and Stock Price Crash Risk”.