Ansley Chua primarily studies the initial public offerings of firms. His research examines the effects on the IPO of both external factors, such as industry valuations, as well as internal factors, such as executive compensation and insider selling. He also studies behavioral finance and how investors’ irrationality may impact aspects of the financial markets.
Current Research & Consulting Projects:
- Compensation and Insider Selling During IPO – study the role of insiders’ pre-IPO liquidity and how it affects their decision to sell shares. Examine the impact of these sales on the firm in both the short term and long term.
- Investors and Choice Overload – study the role investors’ behavior in IPOs. Relate the psychological role of Choice Overload on the investors’ ability to invest in IPOs.
- The Effect of Product Innovation on IPO Performance – examine the relationship between insider selling and the new product innovation of firms. Examine the role of information asymmetry in the insider selling during IPO.
- Investors’ cognition error: The case of similar ticker – study the impact of investor confusion during corporate announcement events. We study the cognition mistakes of investors and its impact on similar ticker stocks.
Areas of Teaching:
- Business Finance, Corporate Finance, International Finance, Financial Modeling