David Ng

David Ng

  • Professor
  • Co-Director, Initiative on Responsible Finance

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Faculty Area

Interdisciplinary Theme

Faculty Expertise

  • Finance
  • Asset Management
  • Investments


Charles H. Dyson School of Applied Economics and Management



Cornell Directory Entry


David Ng is a professor of finance. He served as a visiting associate professor of finance at the Wharton School of the University of Pennsylvania from 2008 to 2010 and a research fellow at Wharton Financial Institutions Center.

Ng conducts research in empirical finance. In particular, he studies fund flows and examines how they affect asset prices domestically and internationally. He also conducts research on implied cost of capital and its applications in finance. Recently, he has developed a research interest on how climate change affects financial market outcomes. Ng serves on the board of advisors of Columbia University Earth Institute Research Program. He also serves as associate editor of three journals: Asia Pacific Journal of Financial Studies, Review of Financial Economics, China Finance Review International. Ng received his PhD with distinction from Columbia University.

Selected Publications

Awards and Honors

  • Engaged Curriculum Grant, “Financial Stewardship Sustainability and Impact Investing” ($80,000) (2017)
  • Outstanding Paper in Corporate Finance Award, "Sensitivities of Corporate Investment and Financing to Implied Cost of Capital", $1,000 (2016) Eastern Finance Association
  • Best paper award (2013) Conference on Asia-Pacific Financial Markets
  • Chancellor's Award for Excellence in Teaching, (2008) Chancellor
  • Moskowitz Prize for the Best Quantitative Study of Socially Responsible Investing (2003) Social Investment Forum

Recent Courses

  • AEM 4681 - Impact Finance
  • BANA 5060 - Introduction to Finance Analytics
  • AEM 4280/AEM 5280 - Valuation of Capital Investment

Academic Degrees

  • PhD Columbia University, 2000
  • PhM Columbia University, 1997
  • BA Columbia University, 1993