Na Dai
| Position: | Assistant Professor | ![]() |
| Education: | Ph.D. in Finance, University of Kansas MA in Accounting, Ren Min University of China BA in Accounting, Ren Min University of China (with honor) |
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| Email: | ndai@uamail.albany.edu | |
| CV: | Click here | |
| Office: | BA 313 | |
| Phone: | 518-442-4962 | |
| Research Interests: | Corporate Finance; Public and Private Offerings; Venture Capital and Private Equity; Financing of Innovations and Entrepreneurship; Hedge Fund and Regulation |
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| Publications: | 2012: “Why do Entrepreneurs Switch Venture Capitalists?” with Douglas Cumming, Forthcoming. Entrepreneurship Theory & Practice. 2012: “Diversification in the Hedge Fund Industry.” with Hany Shawky and Douglas Cumming. Journal of Corporate Finance 18, 166-178. 2011: “Monitoring via Staging? Evidence from Private Investment in Public Equity,” Journal of Banking and Finance 35, 3417-3431. 2011: “Venture Capital Funds.” Book chapter (chapter 22) in Institutional Money Management: An Inside Look at Strategies, Players, and Practices, John Wiley & Sons (The Robert Kolb Finance Series). 2011: “Cross-Border Venture Capital Investments in Asia: Selection and Exit Performance,” with Hoje Jo and Sul Kassicieh, Forthcoming. Journal of Business Venturing 2011: “Fund Size, Limited Attention and Valuation of Venture Capital Backed Firms,” with D. Cumming, Journal of Empirical Finance 18, 2-15. ----Reprinted and included in the Oxford handbook of Private Equity published by the Oxford University Press 2010: “Hedge Fund Regulation and Misreported Returns,” with D. Cumming, European Financial Management 16, 829-857. 2010: “A Law and Finance Analysis of Hedge Funds,” with D. Cumming, Financial Management 40, 997-1026. 2010: “The Quality and Price of Investment Banks’ Service: Evidence from the PIPE Market,” with H. Jo and J.D. Schatzberg, Financial Management 39, 585-616. 2010: “Local Bias in Venture Capital Investments,” with D. Cumming, Journal of Empirical Finance 17, 362-380. ----Reprinted and included in The Oxford Handbook of Venture Capital published by the Oxford University Press 2010: “The Choice of Equity Selling Mechanisms: PIPEs versus SEOs,” with H.C. Chen and J.D. Schatzberg, Journal of Corporate Finance 16, 104-119. 2009: “Capital Flows and Hedge Fund Regulation,” with D. Cumming, Journal of Empirical Legal Studies 6, 848-873. 2009: “The Rise of the PIPE Market,” Companion to Private Equity (Chapter 7), John Wiley & Sons, Inc. 2008: “Seasoned Equity Selling Mechanisms: Costs and Innovations,” with H.C. Chen, Journal of Private Equity, Vol. 11 No. 3, 16-29. 2007: “Does Investor Identity Matter? An Empirical Examination of Investments by Venture Capital Funds and Hedge Funds in PIPEs,” Journal of Corporate Finance 13, 538-563.--Won the 2006 FMA Best Paper Awards—Financial Markets and Institutions | |
| Courses: | BFIN301: Corporate Financial Policy and Strategy BFIN604: Entrepreneurial Finance |
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