Welcome! I am an Assistant Professor of Finance at Hang Seng University of Hong Kong.
My research interest is in the area of corporate finance, institutional investors, financial intermediaries, AI and finance, socially responsible investment, ESG, labor and finance, and intangible capital.
I have a Ph.D in Finance from Kelley School of Business, Indiana University.
Email: chiyoungcheong [at] hsu.edu.hk
Published or Accepted Papers
“Mutual Fund Flows and Capital Supply in Municipal Financing” with Manuel Adelino, Jaewon Choi, and Ji Yeol Jimmy Oh
Review of Financial Studies, https://doi.org/10.1093/rfs/hhag048
"Boys will be boys, but robots can help them: Gender, algorithmic compliance, and portfolio performance" with Jae Hyen Chung
Economics Letters, 262, March 2026, 112874, https://doi.org/10.1016/j.econlet.2026.112874
“Green Bonds: A Survey” with Jaewon Choi
Journal of Derivatives and Quantitative Studies, 28(4), December 2020, pp. 175-189, https://doi.org/10.1108/JDQS-09-2020-0024
JDQS Best Paper Award
Working Papers
"Heterogeneous Impact of COVID-19 Pandemic on Investor Deposit Behavior" with Jae Hyen Chung and Noelle Chung
Revise and Resubmit, Journal of Business Research
“Does Foreign Institutional Capital Promote Green Growth for Emerging Market Firms?” with Jaewon Choi, Sangeun Ha, and Ji Yeol Jimmy Oh
2023 Cornell ESG Investing Research Conference Best Paper Award
Presented at 2024 SFS Cavalcade North America, 2023 Cornell ESG Investing Research Conference, 2024 FMA Applied Finance, 2024 CICF, 2024 WEFIDEV, 2023 ISB Summer Research Conference, 2023 EGB-ECG workshop, 2023 Conference on CSR, the Economy and Financial Markets, 2023 EEA, and more
"The Price of Personalization: Execution Inequality in Robo-Advising "
Presented at City University of Hong Kong, HSUHK Summer Research Camp 2026, SKKU-USF International Conference 2026, and Chung-Ang University
"Investor Discipline and Return Premia in AI-Managed Pension Funds"
Presented at the 2026 Joint Conference with the Allied Korea Finance Associations
"Corporate Mitigation Strategy: Real Option Approach" with Seonghoon Kim, Johan Sulaeman, and Haoxu Wang
2026 AOM Conference ONE Division Best Paper Runner Up
Presented at ARCS 2026, AOM 2026, and HSUHK Summer Research Camp 2026
“Ratings-Driven Mutual Fund Flows, Stock Prices, and Corporate Equity Issuance” with Manuel Adelino, Jaewon Choi, and Ji Yeol Jimmy Oh
External Grant: FDS, Hong Kong Research Grants Council, 2027-2028. HKD $492,783.
Editorial Board: Korea Business Review, Korean Journal of Financial Studies