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Louis Kuo Chi Chan
Hoeft Professor of Business and Professor of Finance

Educational Background

Ph.D. Finance and Applied Economics, M.S. Applied Economics, University of Rochester, 1984, 1982
B.S. Business Administration, University of Hawaii, 1979

Positions Held

At the University of Illinois since 1988. Assistant professor of finance, Cornell University, 1983-88.

Recent Publications

Chan, L., Chan, K., Jegadeesh, N., & Lakonishok, J. Earnings quality and stock returns. Journal of Business, forthcoming.

Chan, L. & Lakonishok, J. 2004. Value and growth investing: Review and update. Financial Analysts Journal, 60: 71-86.

Chan, L., Karceski, J., & Lakonishok, J. 2003. The level and persistence of growth rates. Journal of Finance, 58: 643-684.

Chan , L. , Chen, H., & Lakonishok, J. 2002. On mutual fund investment styles. Review of Financial Studies, 15: 1407-1437.

Sougiannis, T., Chan, L., & Lakonishok, J. 2001. The stock market valuation of research and development expenditures. Journal of Finance, 61: 2431-2456.

Chan , L. , Karceski, J., & Lakonishok, J. 2000. A new paradigm or the same old hype? The future of value versus growth investing. Financial Analysts Journal, 56: 23-36.

Honors and Awards

Graham-Dodd Scroll of Excellence, Association for Investment Management Research, 2001. American Association of Individual Investors Award, 1991.

Academic Service

Associate editor, Journal of Financial Research, 1999-2002.

Teaching and Research

Teaches courses in multinational business and investments. Research focuses on empirical analysis of the behavior of stock returns; the impact of institutional equity trading; comparative analysis of stock market structures; risk and portfolio optimization.

Contact Information:
109 Wohlers Hall
1206 South Sixth Street
Champaign, IL 61820
(217) 333-6391

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