Chenguang Shang, PhD

Assistant Professor, Finance

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Professor Chenguang Shang teaches finance courses at both the graduate and undergraduate levels. Prior to joining Suffolk University, he held faculty positions at Bentley University and Texas State University. Professor Shang’s main research interest is empirical corporate finance, with recent projects focused on agency issues between different groups of stakeholders, as well as their financial implications and consequences. His research has been published in journals such as Financial Management, Journal of Banking and Finance, Journal of Corporate Finance, Journal of Financial and Quantitative Analysis, Journal of Financial Research, and Quarterly Journal of Finance. He has served as an ad-hoc reviewer for a number of academic journals.


Recent Intellectual Contributions

Huang, K., Shang, C., & Zhang, C. (2021). Working hard for long-distance relationships: Geographic proximity and relationship-specific investments. Financial Management, 1-35.

Marks, J. M., & Shang, C. (2020). Does Stock Liquidity Affect Corporate Debt Maturity Structure? The Quarterly Journal of Finance, 11(01), 2150005.

Gupta, A., Raman, K., & Shang, C. (2020). Do informal contracts matter for corporate innovation? Evidence from social capital. Journal of Financial and Quantitative Analysis, 55(5), 1657-1684.

Shang, C. (2020). Trade credit and stock liquidity. Journal of Corporate Finance, 62, 101586.

Huang, K., & Shang, C. (2019). Leverage, debt maturity, and social capital. Journal of Corporate Finance, 54, 26-46.

Marks, J. M., & Shang, C. (2019). Factor crowding and liquidity exhaustion. Journal of Financial Research, 42(1), 147-180.

Gupta, A., Raman, K., & Shang, C. (2018). Social capital and the cost of equity. Journal of Banking & Finance, 87, 102-117.

Intellectual Contributions

Media Highlights

Portrait of Chenguang Shang.

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Courses Taught

FIN200: Business Finance
FIN808: General Theory in Corporate Finance
FIN835: Behavioral Finance

Professional Links

Google Scholar

Degrees/Professional Certifications

  • PhD, Wayne State University
  • MS, Temple University
  • BA, Jiangxi University of Finance and Economics