Education

Ph.D., Department of Industrial Engineering and Management, Graduate School of Decision Science and Technology, Tokyo Institute of Technology, 2011

Master in Engineering, Department of Industrial Engineering and Management, Graduate School of Decision Science and Technology, Tokyo Institute of Technology, 2008

Master in Business Administration, Department of Finance, School of Management, Huazhong University of Science and Technology, 2007

Bachelor in Management, Department of Public Finance, School of Management, Huazhong University of Science and Technology, 2002

Overseas Visiting and Training

Visiting Researcher, the Institute for Monetary and Economic Studies, Bank of Japan, Tokyo, Japan, November 2008-January 2009

Post-Doctoral Fellow, Hitotsubashi University, Tokyo, Japan, October 2011-April 2012

Visiting Scholar, University of Cambridge, UK, February 2013-March 2013

Courses Taught

Game Theory, Financial Management, etc.

Research Interests

Corporate Finance, Real Estate Finance, Behavior Finance, etc.

Representative Research Papers

[1] Teng, M and Hachiya, T., Ownership Structure, Managerial Decision, and Stock Repurchase in Japan. Middle Eastern Economics and Finance, 2011, 12:25-41.

[2] Teng, M. and Hachiya, T., The Impact of Regulatory Reform on Stock Repurchases: Evidence from Japan. Journal of Applied Finance & Banking, 2011, 1(3):159-187.

[3] Teng, M. and Hachiya, T., Agency Problems and Stock Repurchases: Evidence from Japan.

Review of Pacific Basin Financial Markets and Policies, 2013, 16(3):1-30.

[4] Hachiya, T. and Teng, M., Shareholder Power and Managerial Decisions: Evidence from Stock Repurchases in Japan. Frontier of Japanese Business Studies, 2011, 7:49-61.

[5] Hachiya, T. and Teng, M., The Motivations of Stock Repurchase and Ownership Structure in Japan, Shoken Keizai Kenkyu, 2011, 76:129-146.

Research Projects

[1] “Consumer Decision-Making in Housing Market from the Perspective of Behavioral Economics”, project supported by the National Natural Science Foundation, Principle Investigator.

[2] “Pricing and risk management of real estate financial assets and derivatives”, project supported by the State Key Program of National Natural Science of China, Project Leader for the Sub-topics.