On March 31st, the Ministry of Education announced the list of Yangtze River Scholars in 2016. Professor Tian Xuan is appointed as “Yangtze River Scholar Distinguished Professor” among the 159 awardees nationwide. “Yangtze River Scholars” is a special high-talent elite project and an important part of the “National Major Elite Program”, aiming at improving the academic level of Chinese universities and revitalizing Chinese higher education.
Dr. Xuan TIAN is currently JD Capital Chair Professor of Finance at PBC School of Finance, Tsinghua University. He is also a member of the Review Board for Mergers, Acquisitions and Restructurings of Listed Companies at CSRC, Consultant at the World Bank, Director of the Entrepreneurial Finance and Economic Growth Research Center and China Family Wealth Research Center at Tsinghua University National Institute of Financial Research, and Director of the Finance MBA program at PBC School of Finance of Tsinghua University.
Professor Tian is currently an Associate Editor of Management Science, Journal of Banking and Finance, International Review of Finance, Financial Review, and Asia-Pacific Journal of Financial Studies. He is also a guest co-editor of the Special Issue on Entrepreneurial Finance and Innovation for the International Review of Finance. He is a committee member of many top academic conferences including the Western Finance Association meetings, China International Conference in Finance, Society for Financial Studies meetings, and Financial Management Association meetings. Professor Tian serves as a co-chair of the 2015 Entrepreneurial Finance and Innovation around the World Conference sponsored by the Review of Financial Studies. He is also paper reviewer for over 30 academic journals. Professor Tian is an award winning researcher in the areas of corporate finance and financial intermediation with special research interests in venture capital, private equity, corporate innovation, payout policy and mergers and acquisitions. His current research focuses on the role of venture capital and private equity in value creation for entrepreneurial firms and entrepreneurs. His other main research - motivating and financing corporate innovation, has been published in leading academic journals including the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies.
Dr. Tian was an Associate Professor of Finance and Mary Jane Geyer Cain Faculty Fellow at Kelley School of Business, Indiana University before he joined Tsinghua PBCSF. Professor Tian received his Ph.D. from Boston College in 2008, his M.A. from the University of Washington in 2003, and his B.A. from Beijing University, China, in 2001.
Prof. Tian won the Kelley School of Business Research Excellence Award for four times and the China Management Science Award for Chinese Youth in 2016. His single-authored paper “The Causes and Consequences of Venture Capital Stage Financing” won the 2011 Jensen Prize (2nd place) for best paper published in the areas of corporate finance and organizations in the Journal of Financial Economics. His research paper “Disciplining Delegated Monitors: The Consequences of Failing to Prevent Fraud” won the Best Paper Award in Financial Markets and Institutions at the 2012 Financial Management Association (FMA) meetings. His research was presented at numerous university workshops such as Harvard University, Columbia University, Dartmouth College and academic conferences such as the National Bureau of Economic Research (NBER) meetings, the Western Finance Association (WFA) meetings, the American Finance Association (AFA) meetings, and the American Economic Association (AEA) meetings.
Professor Tian was awarded the Fifteenth Mentor Special Prize of Tsinghua University in 2016 for his excellent teaching. He has supervised doctoral students who are now assistant professors at SUNY Buffalo, University of Cincinnati, Beijing University, etc. He has advised numerous undergraduate students. Some of these students continued to pursue further studies in schools such as MIT and some pursued careers in financial institutions such as Goldman Sachs and Morgan Stanley.