© 2018 NTNU

中文版
  • Professor
    Director of Research Center for Artificial Intelligence in Investment and Asset Management
  • Lai, Christine W
  • Discipline: Portfolio Analysis and Personal Financial Planning, Personal Finance
  • E-mail：cwlai@ntnu.edu.tw
  • Tel：+886-2-7749-3304
  • PhD, Ohio State University
  • MBA, Ohio State University
  • BA, Finance, National Taiwan University
  • FinTech certificate, Massachusetts Institute of Technology (MIT), USA
  • University of Washington, Seattle, USA, Foster School of Business, 08/2017-02/2018
  • Kyushu University (QBS), Japan, Visting Professor (lecture), 10/2020-03/2021
  • Purdue University, Department of Statistics, 11/2023-02/2024
  • Tenure-track Professor, National Taiwan Normal University, 09/2019~present
  • Director of Research Center, School of Management, National Taiwan Normal University
         Director of Intelligent and Index Investment Research Center, 08/2020~07/2024
         Director of Advanced Management Innovation Research Center, 08/2024~to date
  • Researcher, Center for Research in Econometric Theory and Applications (CRETA), National Taiwan University, 2023-present
  • Other academic/administrative experience: Distinguished Professor, Convener of the Institute of Management Studies, Normal University
    Director of the Institute of Management Studies, Normal University
  • The Ministry of Science and Technology subsidizes colleges and universities to reward special talents, 08/2017-07/2018; 08/2019-07/2020; 08/2021-07/2022; 08/2022-07/2023; 08/2023 -07/2024; 08/2024-07/2025
  • International Academic Seminar - Chairman of the Agenda Committee, 6/2025, 2025 Taiwan Financial Society Annual Meeting and International Seminar
  • International Academic Conference-Agenda Committee, 2023, The 14th Biennial Conference of Asian Consumer and Family Economics Association (ACFEA), Kitakyushu, Japan.
  • Supervisor, Taiwan Society of Finance and Economics, 2022-2025
  • Member of relevant government committees, 4/2024~present
  • Fubon Thesis Award, 2016, 2023
  • Received research and development fund from the cooperation between the University of Pennsylvania and the National Normal University, Penn State-NTNU Collaboration Development Fund 2019-2020, 05/2019-04/2020
  • Winner of "Securities and Futures Golden Rafter Award" from the Securities and Futures Market Development Foundation of the Republic of China
  • The supervised paper won the "Chongyue Thesis Award" - including the Best Paper Award - Financial Management Group (Jin Jiang Yuxuan, a student from Yuanzhicai); Excellent Paper Award - Business Management Group (Liu Huanyi, EMBA student from the School of Management, Normal University); and Excellent Paper Award -Financial Management Group (Student Yang Peiling from the Graduate School of Management, Normal University)
  • Others: Distinguished Professor of National Taiwan Normal University, Best Paper Award of the Southwestern Finance Association (SWFA) in the United States, Excellence Award in the Theory Group of the First Bai Wenzheng ETF Gold Award; Research Award for Young Scholars of Yuanze University
  • Organizer of international academic seminars
  • Chairman of the International Academic Symposium Agenda Committee
  • Editor of Journal of Financial Studies; host and commentator of international academic seminars
  • Ministry of Science and Technology Human Resources and Social Security Center Academic Training Camp-Speaker; Ministry of Science and Technology/National Science Council Academic Professional Review
  • Off-campus professional committee members: Taiwan Financial Consultant Certification Association - related committee members; (Information Policy Council) FinTech Digital Sandbox-related committee members
  • Academic and Ministry of Education projects:
    special research projects of the Ministry of Science and Technology of the Executive Yuan;
    Industry-university cooperation projects:
    Taiwan Futures Exchange commissioned research projects
    projects of the Ministry of Education:
    Ministry of Education's, High-tech Industry Finance, Financial Talent Development (Master's) Course Diversion Plan
  1. Christine W. Lai, Don Lien, and Shih-Chuan Tsai, 3/2025, Competence and Ambiguity Aversion of Heterogeneous Investors, Pacific-Basin Finance Journal [SSCI, SJR-Finance & Economics Q1, IF=4.8]
  2. Best Paper Award, 2023, Taiwan Finance Association Annual Conference. Paper Title: Are AI Exchange-Traded Funds Actually More Intelligent?
  3. Chou, De-Wai, Christine W. Lai*, Jiun-Yu Tsai and Chia-Jay Tsai (7/2023), How to grow the second curve amid changes in industry structure? Harvard Business Review Complex Chinese Edition Web site (* corresponding author) (個案研究／產業結構改變下，如何成長出第二曲線？ | 哈佛商業評論・與世界一流管理接軌 (hbrtaiwan.com) (* corresponding author) 
  4. Hong-Yi Chen, Hsuan-Chi Chen, Christine W. Lai and Pei-Ling Yang, 2023, Investor Attention, Fee Structure, and Newly Issued Funds, Review of Pacific Basin Financial Markets and Policies Vol. 26, No. 2 (2023). [SCImago Journal Rank (SJR): 0.32 (Scopus)]
  5. Hong-Yi Chen, Hsuan-Chi Chen, and Christine W. Lai, 2021, Internet Search, Fund Flows, and Fund Performance, Journal of Banking & Finance 129, 106-166. [SSCI, 科技部一般財務領域 A級-Tier 1 期刊, Top 4.69 % in Finance]
  6. Chen, Hong-Yi, Hsuan-Chi Chen, and Christine W. Lai, 2021, Internet Search, Fund Flows, and Fund Performance, Journal of Banking & Finance 129, 106-166. [SSCI, 科技部一般財務領域 A級-Tier 1 期刊, Top 4.69 % in Finance]
  7. Lin Lin, Pi-Hsia Hung, De-WaiChou, and Christine W. Lai, 2019, Financial Performance and Corporate Social Responsibility: Empirical Evidence from Taiwan, accepted for publication by Asia Pacific Management Review 24(1), 61-71. [Corresponding Author, SJR (Scopus) Top 25%, FWCI=2.52]
  8. Chia-Ying Chan and Christine W. Lai *, 2017, Strategic Choice of Risk: Evidence from Mutual Fund Families, Journal of Financial Service Research 51, 125–163. (通訊作者, SSCI,科技部財務領域 A級-Tier 2 期刊,財務領域前20%)
  9. Chia-Ying Chan, Hsuan-Chi Chen, Yu Hsuan Chiang, Christine W. Lai*, 2017, Fund Selection in Target Date Funds, The North American Journal of Economics and Finance 39, 197-209. (通訊作者, SSCI, 財務領域前50%)
  10. Lai, Christine W.* , 2016, Independent Directors and Favoritism: When Multiple Board Affiliations Prevail in Mutual Fund Families, Financial Management 49 (3), 529-582. (單一作者, SSCI,科技部財務領域 A級-Tier 1期刊,財務領域前10%)
  11. Shing-yang Hu, Yueh-Hsiang Lin*, and Christine W. Lai, 2016, The Effect of Overvaluation on Investment and Accruals: The Role of Information, Journal of Empirical Finance 38, 181-201. (SSCI,科技部財務領域 A級-Tier 1 期刊, 財務領域前10%)
  12. Chou, De-Wai, Pei-Ching Huang, and Christine W. Lai*, 2016, New Mutual Fund Managers: Why Do They Alter Portfolios? Journal of Business Research 69(6), 2167-2175. (通訊作者, SSCI (5-Year Impact Factor: 2.67), 科技部管理領域推薦期刊)
  13. Chia-Ying Chan, Hsuan-Chi Chen, Yu Hsuan Chiang, Christine W. Lai, 2016, Fund Selection in Target Date Funds, The North American Journal of Economics and Finance. (通訊作者, SSCI, 財務領域前50%)
  14. Chen, Hsuan-Chi, Christine W. Lai, and Sheng-Ching Wu*, 2016, Mutual Fund Selection and Performance Persistence in 401(k) Plans, The North American Journal of Economics and Finance 35, 78-100. (SSCI, 財務領域前50%)
  15. Chan, Chia-Ying, David Chou*, and Christine W. Lai, 2016, Does the Stock Market Favor Socially Responsible Firms? Evidence from SEOs, Taiwan Economic Review. (acceptance) (TSSCI)
  16. Chen, Hsuan-Chi, Christine W. Lai, and Sheng-Ching Wu*, 2016, Plan-Level and Firm-Level Attributes and Employees’ Contributions to 401(k) Plans,  International Journal of Business and Economics. (acceptance) (EconLit)
  17. Chow, Victor and Christine W. Lai*, 2015, Conditional Shape Ratios, Finance Research Letter 12, 117-133. (通訊作者, SSCI, 財務領域前40%)
  18. Chen, Hsuan-Chi, De-Wai Chou*, Christine W. Lai, and Yi-Ting Yeh, 2014, The Role of Lending-Relationship Banks in the Underwriting of Seasoned Equity Offerings: Conflict of Interest or Certification, The North American Journal of Economics and Finance 28, 327-346. (SSCI, 財務領域前50%)
  19. *賴慧文、吳碧蓉，2014，共同基金行銷費用對基金流量之影響：當投資者對基金績效敏感度不同時，臺大管理論叢 24(2)，309-340. (通訊作者, TSSCI)
  20. Chen, Hsuan-Chi and Christine W. Lai*, 2010, Reputation Stretching in Mutual Fund Starts, Journal of Banking & Finance 34 (1), 193-207. (通訊作者, SSCI, 科技部財務領域 A級-Tier 1期刊, 財務領域前10%)
  21. *Lai, Christine W. and Jing Xiao, 2010, Consumer Biases and Competences in Company Stock Holdings, Journal of Consumer Affairs 44 (1), 179-212. (通訊作者, SSCI, Impact Factor: 2.175, ISI Journal Citation Reports® Ranking 2009: 21/87 Business, Top 25% )
  22. *Lai, Christine W. and Tsung-Chyan Lai, 2009, Analyzing the c-minus-Age Strategy for Life-Cycle Investing, Applied Economics Letters 16, 711-718. (通訊作者, SSCI, JEL, EconLit, ABI)
  23. *何仁凱, 賴慧文, 2009, 機構投資人在指數股票型基金市場之行為探討, 白文正ETF金文獎得獎論文集.
  24. *Lai, Christine W., 2008, How Retired Households and Households Approaching Retirement Handle Their Equity Investments in the United States, Journal of Family and Economic Issues 29, 601-622. (通訊作者, JEL, EconLit, ABI)