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Lantian Liang

Lantian Liang


Lecturer

Rm 414
H69 - Codrington Building
The University of Sydney
NSW 2006 Australia

Telephone +61 2 9117 5197
Fax +61 2 9351 6461
Lantian.Liang@sydney.edu.au

Bio

Lantian received a PhD in Finance from the Naveen Jindal School of Management at the University of Texas at Dallas. He earned a Bachelor of Business Administration from the Hong Kong University of Science and Technology (HKUST) and a Master of Science in Finance from the University of Hong Kong. His research interests include banking, corporate finance, executive compensation, institutional investors, financial intermediation, and securitization. His work has been presented at various finance and accounting conferences, including the European Finance Association Meetings, the Northern Finance Association Meetings, the Fixed Income Conference, and the MIT Asia Conference in Accounting.

Research Interests

Lantian’s current research focuses on the interconnectedness of firms through institutional common ownership. For example, he studies how institutional common ownership of same-industry firms influences competition among rival portfolio firms. Lantian is also interested in the frictions that arise during the asset securitization process and the associated incentives for market participants. His paper (joint with H. Zhang, F. Zhao, and X. Zhao) investigates the responses of financial intermediaries to the regulatory changes on disclosure in the asset-back securities market and shows that mortgage-backed securities underwriters deliberately keep lower quality loans below the disclosure threshold in order to evade the disclosure under the regulation. His recent paper (joint with A. Shivdasani, H. Zhang, F. Zhao, and X. Zhao) examines how an increase in liability concerns due to the passage of Securities Offering Reform impacts underwriting structure and the associated deal performance and finds evidence that liability concern raised by SO Reform forces investment banks to reduce the number of deals in which they participate and exert more screening effort on loans included in their mortgage deals.

2017

5
Conference Paper/s

Liang L, Shivdasani A, Zhang H, Zhao F and Zhao X 2017 'Underwriting Syndicate Structure and Securities Offering Reform', China International Conference in Finance, Hangzhou, China, 14th July 2017

Liang L, Shivdasani A, Zhang H, Zhao F and Zhao X 2017 'Underwriting Syndicate Structure and Securities Offering Reform', Conference on the Convergence of Financial and Managerial Accounting Research, Banff, Canada, 19th June 2017

2016

5
Conference Paper/s

Liang L 2016 'Common Ownership and Executive Compensation', Auckland Finance Meeting, Auckland, New Zealand, 18th December 2016

Liang L, Zhang H, Zhao F and Zhao X 2016 'Gaming Disclosure Threshold by Financial Intermediaries: Evidence from Regulation AB', China International Conference in Finance, Shenzhen, Chile, 8th July 2016

2015

5
Conference Paper/s

Liang L, Zhang H, Zhao F and Zhao X 2015 'Gaming Disclosure Threshold by Financial Intermediaries: Evidence from Regulation AB', Northern Finance Association Annual Meeting, Lake Louise, Canada, 20th September 2015

Liang L, Zhang H, Zhao F and Zhao X 2015 'Gaming Disclosure Threshold by Financial Intermediaries: Evidence from Regulation AB', European Finance Association Annual Meeting, Vienna, Austria, 21st August 2015

Liang L, Zhang H, Zhao F and Zhao X 2015 'Gaming Disclosure Threshold by Financial Intermediaries: Evidence from Regulation AB', MIT Asia Conference in Accounting, Shenzhen, China, 13th July 2015

Liang L, Zhang H, Zhao F and Zhao X 2015 'Gaming Disclosure Threshold by Financial Intermediaries: Evidence from Regulation AB', 4th Annual Fixed Income Conference, Charlotte, United States, 18th April 2015

Recent Units Taught

  • FINC5001 Capital Markets and Corporate Finance

    2017: S2,