Faculty & Research

Zhiguo He

Professor of Finance

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5807 South Woodlawn Avenue
Chicago, IL 60637

Zhiguo He is interested in banking, corporate finance, financial market and crisis, with a special focus on contract theory. His research has been published in leading academic journals including American Economic Review, Econometrica, Review of Economic Studies, Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and Management Science. He was awarded the 2014 Alfred P. Sloan Fellowship in Economics. Before joining the Chicago Booth faculty in 2008, he was visiting the Bendheim Center for Finance at Princeton University as a post-doc fellow. He was a stock analyst at the China International Capital Corporation in Beijing in 2001. In 2007, He won the Lehman Brothers Fellowship for Research Excellence in Finance, which is an annual competition of doctoral theses from top business schools. In 2012, He won the Swiss Finance Institute Outstanding Paper Award which is awarded annually to an unpublished research paper and making an outstanding contribution to the field of finance. In 2012, He won the Smith-Breeden First Prize which is an annual award to the best paper in financial markets published in Journal of Finance.


2016 - 2017 Course Schedule

Number Name Quarter
35200 Corporation Finance 2017 (Winter)
35902 Theory of Financial Decisions II 2017 (Winter)
35913 Advanced Theory of Corporate Finance and Capital Markets 2017 (Spring)

Other Interests

Squash, badminton, the game of Go.


Research Activities

Corporate finance; contract theory; frictions in financial markets.

With Arvind Krishnamurthy, "Intermediary Asset Prices," American Economic Review (2012, forthcoming).

With Wei Xiong, "Dynamic Debt Runs," Review of Financial Studies (2011, forthcoming).

With Peter DeMarzo, Mike Fishman, and Neng Wang, "Dynamic Agency and Q Theory of Investment," Journal of Finance (2012, forthcoming).

With Wei Xiong, "Rollover Risk and Credit Risk," Journal of Finance (67, pp. 391-429, 2012).

"A Model of Dynamic Compensation and Capital Structure," Journal of Financial Economics (100, pp. 351-366, 2011).

For a listing of research publications, please visit the university library listing page.