Chen Liu, PhD

Professor of Business; Director, MBA Programs

Dr. Chen Liu is Director of MBA programs and Professor in Business at Trinity Western University. Dr. Liu received her PhD in Finance from Smith School of Business at Queen’s University in 2014.

Dr. Liu conducts empirical research in Corporate Finance and Entrepreneurship. Specifically, her research areas span topics that include Private Equity, Venture Capital, Leveraged Buyout (LBO), Merger & Acquisition (M&A), Banking & Debt Contracting, Entrepreneurial Finance, and Fintech. Dr. Liu’s work can be found on Google Scholar

On a practical side, Dr. Liu is an expert on corporate valuation in particular for start-up financing, merger & acquisition, and IPO valuation. Dr. Liu also conducts equity research in the global market and co-founded TWU's Student Managed Investment Fund.

Dr. Liu teaches Managerial Finance in the MBA programs. She was voted by business students as the Professor of the Year in both 2016 and 2017. Dr. Liu has previously taught at Smith School of Business of Queen’s University.

See also: www.twu.ca/academics/school-business

 

  • PhD in Finance (Queen’s University, Smith School of Business; 2014)
  • BBA (University of International Business and Economics, China; 2006)

    

Expertise

  1. Corporate Finance: Valuation and Security Analysis, Merger and Acquisition (M&A), Initial Public Offering (IPO), Private Equity, Venture Capital, Syndicated Loans
  2. FinTech and Digital Transformation: FinTech, Blockchain, WEB3, Cryptocurrency

Recent Selected Peer-Reviewed Journal Articles:

  • Liu, C., & Wu, S. (2023). Green Finance, Sustainability Disclosure, and Economic Implications. Fulbright Review of Economics and Policy, 3(1) 1-24. https://doi.org/10.1108/FREP-03-2022-0021
  • Liu, C. & Wu, Y.W. (2023). Gender Diversity and Bank Risk-Taking: Female Directors and Executives. Managerial Finance, 49 (5), 761-788. https://doi.org/10.1108/mf-01-2022-0059
  • Liu, C., & Wu, Y.W. (2022). CEO Compensation and Bank Loan Contract. Quarterly Review of Economics and Finance, 86, 420-436. https://doi.org/10.1016/j.qref.2022.09.001
  • Liu, C., Purda, L., & Zhu, H. (2021). Institutional Influence on Syndicate Structure and Cross‐Border Leveraged Buyouts. Financial Management, 50(1), 169-202. https://doi.org/10.1111/fima.12315
  • Kher, R., Terjesen, S., & Liu, C. (2021). Blockchain, Bitcoin, and ICOs: A Review and Research Agenda. Small Business Economics, 56(4), 1699-1720. DOI: 10.1007/s11187-019-00286-y
  • Xiao, W., Liu, C., Wang, H., Zhou, M., Hossain, M. S., Alrashoud, M., & Muhammad, G. (2020). Blockchain for Secure-GaS: Blockchain-Powered Secure Natural Gas IoT System With AI-Enabled Gas Prediction and Transaction in Smart City. IEEE Internet of Things Journal, 8(8), 6305-6312. DOI:10.1109/JIOT.2020.3028773


Recent Selected Peer-Reviewed Book Chapters:

  • Liu, C. (2021). Crypto-asset Valuation: A Review and Analysis of Current Methods. In Goutte, S., Guesmi, K., & Saadi, S. (Eds.), Cryptofinance: A New Currency for a New Economy (pp.171-190). World Scientific. https://doi.org/10.1142/9789811239670_0009
  • Liu, C., & Wu, S. (2020). National Culture, Legal Environment, and Fraud. In K. Baker, L. Purda, & S. Saadi (Eds.), Corporate Fraud Exposed: A Comprehensive and Holistic Approach (pp. 127-147). United Kingdom: Emerald Group Publishing.
  • Liu, C., & Wang, H. (2019). Crypto Tokens And Token Offerings: An Introduction. In Goutte, S., Guesmi, K., & Saadi, S. (Eds.), Cryptofinance and Mechanisms of Exchange: The making of virtual currency (pp. 125-144). Springer International Publishing.
  • Liu, C., & Wang, H. (2019). Initial Coin Offerings: What Do We Know and What Are the Success Factors? In Goutte, S., Guesmi, K., & Saadi, S. (Eds.), Cryptofinance and Mechanisms of Exchange: The making of virtual currency (pp. 145-164). Springer International Publishing.

Awards & Honors

  • Professor of the Year Award, Student Business Association, Trinity Western University (2016, 2017)
  • TWU International Research Fund (2017)
  • School of Business Award, Queen’s University (2008-2011)
  • Graduate Award, Queen’s University (2008-2011)
  • DI McLeod Fellowship, Queen’s University (2008-2011)
  • International Tuition Award, Queen’s University (2008-2011)
  • Travel Award, Queen’s University (2008-2012)

Recent Publications

See: Google Scholar

Affiliations & Memberships

  • Financial Management Association
  • Northern Finance Association
  • Eastern Finance Association
  • Christian Finance Faculty Association
  • Christian Business Faculty Association

  • MBA 542 Managerial Finance
  • MBA 672 Business & Venture Financing