Su Chan

Su Han Chan, PhD

Professor of Practice
Academic AreaReal Estate
Academic AreaFinance
Areas of InterestCorporate Finance, Advanced Corporate Finance, Financial Modeling, Project Finance Real Estate Finance and Investment, Real Estate Entrepreneurship

Su Han Chan joined the Johns Hopkins Carey Business School in 2014.  She is a professor with expertise in the areas of corporate finance and real estate. Prior to joining JHU Carey, she was a tenured Full Professor in the Zicklin School of Business at Baruch College/City University of New York.  


  • Ph. D, Finance, University of Texas - Austin
  • MBA, Finance, Louisiana Tech University 
  • BScEd, Biology and Education, University of Malaya


Selected publications

  • Su Han Chan, Jiajin Chen, and Ko Wang, Does a Firm's Entry or Exit Affect Competitors' Value? Evidence from the REIT Industry. Real Estate Economics, 47(1), 2019, 214-262.
  • Su Han Chan, Jiajin Chen, and Ko Wang, “Are REIT IPOs Unique?  The Global Evidence,” Journal of Real Estate Finance and Economics 47, 2013, 719-759.
  • Su Han Chan, Wai-Kin Leung, and Ko Wang, “The Impact of Institutional Investors on the Monday Seasonal,” Journal of Business 77, 2004, 967-986.
  • Su Han Chan, John Erickson, and Ko Wang, "Real Estate Investment Trusts: Structure, Performance, and Investment Opportunities", Oxford University Press: New York, 2003, 352 pages.
  • Su Han Chan, John Kensinger, Art Keown, and John Martin, "Do Strategic Alliances Create Value?"  Journal of Financial Economics 46, November 1997, 199-221.
  • Su Han Chan, George Gau, and Ko Wang, "Stock-market Reaction to Capital Investment Decisions: Evidence from Business Relocation Announcements," Journal of Financial and Quantitative Analysis 30, March 1995, 81-100.
  • Ko Wang, Su Han Chan and George Gau, "Initial Public Offerings of Equity Securities: Anomalous Evidence Using REITs," Journal of Financial Economics 31, 1992, 381-410.
  • Su Han Chan, John Kensinger and John Martin, "Corporate Research and Development Expenditures and Share Value," Journal of Financial Economics 26, 1990, 255-276.



  • Corporate Finance
  • Financial Modeling and Valuation
  • Project Finance and Public-Private Infrastructure Delivery


  • Advanced Corporate Finance

Honors and distinctions

  • Associate Editor, Journal of Real Estate Research (2000-present)
  • Associate Editor, International Real Estate Review (1998 - present)
  • Guest Co-Editor, Review of Financial Economics (2007 Special Issue on Joint Ventures and Business Alliances)
  • Editorial Board, Financial Management Survey and Synthesis Series (1998-2009)
  • Associate Editor, Journal of Financial Research (1997-2000)
  • Best MBA Teacher Award, School of Business, University of Hong Kong (1999/2000)

Impact and engagement


  • Serves as the Faculty adviser to the Carey Team participating in the annual CFA Research Challenge.
  • Served a three-year term as an External Examiner of the EMBA-Global Asia program, a joint program of the HKU Business School, London Business School and Columbia Business School.
  • Designed and taught in Executive Training programs for the Cornell-NTU Institute of Hospitality Management in Singapore and multinational corporations (such as DHL Greater China, Bass Hospitality Group in China and Asia-Pacific region, and Chatham Financial in the U.S.).