Research Paper Published on FT 50 Journal

The research paper Why Did the Investment–Cash Flow Sensitivity Decline over Time? written by Dr. Wang Zhen was published on Journal of Financial and Quantitative Analysis, which is one of the 50 Journals used in FT Research Rank. Dr. Wang Zhen is an associate professor in the Department of Finance of SILC Business School. The paper was co-authored by Dr. Wang Zhen and Prof. Chu Zhang in the Hong Kong University of Science and Technology.