November 13, 2013, 18:30-21:30 , Dr. Zhang Zhiqiang, Renmin University of China, brought to graduate students a lecture on" Systemic risk and non- systematic risk capital asset pricing Model" ( referred to as ZZ capital asset pricing model ) in Room 208 of the Grduate Building. The lecture was hosted by Professor Xiao Shufang from the Department of Accounting.
In layman's language, Dr. Zhang explained the "ZZ capital asset pricing model". The model is based on option pricing theory, takes into account both the systemic risk and non- systematic risk, makes up for Sharpe 's capital asset pricing model which considers only the systematic risk, and to a certain extent solves the discount rate problem.
Speaker Profile:
Leuven University MBA (Finance track), Doctor in Management, Associate Professor of the School of Business, Renmin University of China. Interested in finance frontier theory, has a unique understanding and research on real options theory. Published more than 30 papers in economy and finance; published more than 10 monographs and translations in mainland China and Taiwan.
