Jia Hao

Assistant Professor

Academic Division: Finance


Jia Hao is an Assistant Professor of Finance at Babson College. Prior to joining Babson, Professor Hao taught courses in undergraduate, MBA, Executive Master, and PhD programs at Chinese University of Hong Kong and Wayne State University, where she received the “Faculty Teaching Merit Award” in 2017 and the “Distinguished Teacher Award” in 2010, respectively. She was also a visiting academic scholar in Ross School of Business, University of Michigan. Dr. Hao earned her PhD in Finance from David Eccles School of Business, University of Utah. Her research focuses on market microstructure and its interaction with corporate finance and asset pricing. She has published in leading academic journals including the Journal of Finance, Review of Financial Studies, Journal of Financial Market, Financial Review, and Journal of Information System. She has presented her work at numerous professional conferences such as Western Finance Association annual conference and Financial Management Association International annual conference, where her papers won the Best Competitive Paper Award in Market Microstructure sponsored by NASDAQ in both 2011 and 2012.

Academic Degrees

  • Ph D, University of Utah
  • BS, Shenzhen University

Awards & Honors

  • 2017 - Faculty Teaching Merit Award, Chinese University of Hong Kong
  • 2016 - Hong Kong Research Grants Council (General Research Fund), University Grants Committee (UGC) of Hong Kong
  • 2012 - FMA Best Competitive Paper Award , Financial Management Association International Conference, sponsored by NASDAQ
  • 2011 - FMA Best Competitive Paper Award , Financial Management Association International Conference, sponsored by NASDAQ
  • 2010 - Distinguished Teaching Award, Wayne State University
  • 2005 - Morgan Stanley Equity Market Microstructure Research Grant, Morgan Stanley


Journal Articles

  • Hao, J., Gao, P., Kalcheva, I., Ma, T. (2015). Short Sales and the Weekend Effect - Evidence from Hong Kong. Journal of Financial Markets, 26, 85-102.
  • Hao, J., Bessembinder , H., Zheng, K. (2015). Market Making Contracts, Firm Value, and the IPO Decision. Journal of Finance, The, 70, 1997-2028. link
  • Hao, J., Cardella, L., Kalcheva, I., Ma, Y. (2014). Computerization of the Equity, Foreign Exchange, Derivatives, and Fixed-Income Markets. The Financial Review, 49, 231-243.
  • Hao, J., Cong , Y., Zou, L. (2014). The Impact of the XBRL Mandate on Market Efficiency. Journal of Information Systems, 28, 181-207.
  • Hao, J., Kalay, A., Mayhew, S. (2010). Ex Dividend Arbitrage in Option Markets. Review of Financial Studies, The, 23, 271-303.