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Prof. Stephen Y. L. Cheung, Bbs, Jp

President and Chair Professor
Department of Asian and Policy Studies
Hong Kong Institute of Educational Research (HKIER)
Hong Kong

Biography

Professor Stephen Cheung Yan-leung, BBS, JP, President and Chair Professor of Public Policy, joined in 2013. He was Dean and Chair Professor of Finance, School of Business at the Hong Kong Baptist University. Professor Cheung was also Convenor of the Business Advisory Committee at the university and participated in the accreditation and assessment of undergraduate, research and graduate programmes, academic development and strategic development. He also led to design three Master programmes at the City University of Hong Kong: the Master of Science in Banking, Master of Science in Financial Engineering, and Master of Science in Finance. The banking programme was offered exclusively to executives of the Hong Kong Monetary Authority for the first two years of intake. The financial engineering programme was designed to groom finance executives and is the first of its kind in Asia. Professor Cheung graduated from The Chinese University of Hong Kong with a major in Mathematics. He received his PhD in Statistics from the University of Paris VI, and a PhD in Finance from the University of Strathclyde. Professor Cheung is highly active in academic research, focusing on corporate governance, corporate social responsibility and financial market development, and publishes widely in international refereed journals. He is also a prolific writer, contributing numerous articles to Chinese, English, Japanese and French newspapers and magazines. Professor Cheung has actively participated in a wide range of community services. He chairs the Supervisory Committee of the Asian Bond Fund Hong Kong Bond Index Fund of the Hong Kong Monetary Authority, the Nursing and Midwifery Sub-Group of Steering Committee on Strategic Review on Healthcare Manpower Planning and Professional Development, the Hong Kong Committee for Pacific Economic Cooperation, and the Social Innovation and Entrepreneurship Development Fund Task Force, and serves as a member of the Commission on Poverty. In past years, Professor Cheung held a number of other public offices. He was the Chairman of the Consultation Panel of the West Kowloon Cultural District Authority and Part-time Member of the Central Policy Unit.

Research Interest

Corporate Finance, Investment, Financial Market Development

Publications

  • Cheung, Yan-leung, Luo, Xuandong, Tan, Weiqiang and Xiao, Tusheng (2015). Management Earnings Forecasts, Earnings Announcements and Institutional Trading in China. Emerging Markets Finance and Trade, 50(Sup 6), 184-203.

  • Chan, A.K.K., and Cheung, S.Y.L. (2015). Special Issue on Corporate Social Responsibility and Sustainability: An Introduction. Journal of Business Ethics, 130(4), 753-754.

  • Cheung, Yan-leung Stephen, Tan, Weiqiang, Wang, Wenming (2016). National Stakeholder Orientation, Coporate Social Responsibility and Bank Loan Cost. Journal of Business Ethics, Published online, 1-20.

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