G. Nathan Dong
Academic Interests
Corporate Finance, Alternative Investment, Commercial and Investment Banking, Politics and Finance, International Capital Market, Risk Management, Financial Management of Public, Nonprofit and Healthcare BusinessGraduate Education
Ph.D. in Finance, Rutgers UniversityP.D. in IEOR, Columbia University
M.B.A. in Finance, Indiana University
Graduate Study in Accounting & Economics, Purdue University
M.S. in CS, Illinois Institute of Technology
F.R.M., Global Association of Risk Professionals
C.F.A., Chartered Financial Analyst Institute
Scholar Cites
Total Citation Count (Google Scholar): 454Research Publications
General Finance
Sovereign Wealth Fund Investments and the U.S. Political Process (with Paul Calluzzo, David Godsell), Journal of International Business Studies, 2017, 48(2):222-243.
Has The Financial System Become Safer After The Crisis? The Changing Nature of Financial Institution Risk (with Paul Calluzzo), Journal of Banking and Finance, 2015, 53:233-248.
Fund Governance Contagion: New Evidence on the Mutual Fund Governance Paradox (with Paul Calluzzo), Journal of Corporate Finance, 2014, 28:83-101.
Excessive Financial Services CEO Pay and Financial Crisis: Evidence from Calibration Estimation, Journal of Empirical Finance, 2014, 27:75-96.
Invisible Hand and Helping Hand: Private Placement of Public Equity in China (with Ming Gu, Hua He), Journal of Corporate Finance, In Press.
The Underpricing of Initial Public Offerings and Private Placements of Equity in China (with Ming Gu), The Oxford Handbook of IPOs, Oxford University Press, 2018.
What Increases Banks' Vulnerability to Financial Crisis: Short-Term Financing or Illiquid Assets? (with Yuna Heo), Handbook of Financial Econometrics and Statistics, Springer-Verlag, 2014, 64:1753-1770.
The Joint Discipline of Option and Debt: Theory and Evidence from CEO Equity Holding, Capital Structure and Executive Compensation, Advances in Financial Economics, 2012, 15:79-125.
Pay More Stocks and Options to Directors? Theory and Evidence of Board Compensation, Corporate Governance: Recent Developments and New Trends, Springer-Verlag, 2012, 7:157-180.
Numerical Solutions of Financial Partial Differential Equations, Handbook of Quantitative Finance and Risk Management, Springer-Verlag, 2010, 79:1209-1221.
Finance of Public, Nonprofit & Healthcare Organizations
Executive Compensation in Not-for-profit Hospitals, Your Healthcare: What You Must Know, Rutgers University Press, Forthcoming.
The Market Premium of Sustainability in Health-Care Sector Firms, Research Handbook of Investing in the Triple Bottom Line, Edward Elgar, 2018.
Informal Bankruptcy: Health Expenditure Shocks and Financial Distress Avoidance, Journal of Financial Counseling and Planning, 2018, 29(1):45-59.
Wage Dispersion and Financial Performance of Nonprofit Hospitals, Journal of Health Care Finance, 2016, 43(2):186-208.
Earnings Management in U.S. Hospitals, Journal of Health and Human Services Administration, 2016, 39(1):41-71.
Social Capital as Correlate, Antecedent, and Consequence of Health Service Demand in China, China Economic Review, 2016, 37:85-96.
Performing Well in Financial Management and Quality of Care? Evidence from Hospital Process Measures for Treatment of Cardiovascular Disease, BMC Health Services Research, 2015, 15:45(1-15).
Rising Labor Costs, Earnings Management and Financial Performance of Health Care Providers around the World, Advances in Health Care Management, 2015, 17:117-135.
Health Care Reform and the Stock Market: Economic Impact, Growth Opportunity and Private Sector Investors, Journal of Health Care Finance, 2014, 41(2):1-18.
Working Papers
General Finance
Banks' Non-Interest Income and Systemic Risk (with Markus Brunnermeier, Darius Palia). »
Mortgage Securitization: Good, Bad, or Irrelevant. »
CEO Risk Preferences and Bank Risk Taking: Evidence from Calibration Estimation. »
The Effects of Margin Trading and Short Selling on Earnings Management: A Natural Experiment from China (with Zhaojing Chen, Ming Gu, Iftekhar Hasan). »
Cultural Differences and Earnings Management Contagion (with Paul Calluzzo). »
Margin Trading and Corporate Investments: Evidence from a Quasi-natural Experiment in China (with Ming Gu, Weiwei Huang, KC John Wei). »
Flu Epidemic, Limited Attention and Analyst Forecast Behavior (with Yuna Heo). »
Transparency in the Equity Market from a Historical Perspective (with Paul Chiou and Alejandro Serrano). »
Taxation and Earnings Management: Natural Experiment Evidence from Staggered Changes in State Corporate Tax Rates (with Lan Xu). »
Finance of Public, Nonprofit & Healthcare Organizations
Banking for the Public Good: Access to Credit and the Nonprofit Sector. »
Budget Constraints, Market Opportunities and Off-Budget Financing of Local Governments in China (with Zigan Wang). »
Social Responsibility, Executive Compensation, and Firm Performance of Nonprofit Businesses: Evidence from Hospital Industry Data. »
Do Nonprofit Hospitals Provide Less Charity Care When Faced with Financial Losses?. »
We've Come a Long Way: Urbanization and Access Barriers to Health Care in China. »
The Role of Hospital Ownership in Credit Rating Choices of Hospital Municipal Bonds. »
The Role of Hospital Ownership in Credit Rating Choices of Hospital Municipal Bonds. »
Teaching
Healthcare Financial Management/Corporate Finance (MHA, Master of Healthcare Administration), Spring Semester (Textbook 1, 2)Advanced Healthcare Finance: Valuation and Investment of Healthcare Businesses (MHA, Master of Healthcare Administration), Fall Semester (Textbook 1, 2)