Dr. CHEN Hailiang (陳海亮博士)

PhD - Management Information Systems (Purdue University)
MS - Economics (Purdue University)
BM - Information Management and Information Systems (Tsinghua University)

Associate Professor

Dr. CHEN Hailiang (陳海亮博士)

Contact Information

Address: 6-276, Lau Ming Wai Academic Building
City University of Hong Kong
Phone: +852 34429228
Fax: +852 34420370
Personal Web:
Public CV: Download

Research Areas

  • Social Media
  • FinTech
  • Big Data
  • Business Analytics
  • Mobile Commerce
  • Multichannel Management
  • Venture Capital
  • Economics of Information Systems
  • Design Science

Hailiang Chen is interested in the research areas of social media, multichannel management, business analytics, venture capital, entrepreneurship, mobile commerce, economics of information systems, and design science. His research has been published in elite business journals in information systems, finance, and management, including Information Systems Research (ISR), Management Science (MS), Review of Financial Studies (RFS), and Strategic Management Journal (SMJ). His research received media coverage in outlets such as Wall Street Journal, Forbes, Reuters, Seeking Alpha, TechSpot, and so on.

His teaching interests include innovation and technology entrepreneurship, electronic commerce, social media, internet marketing, computer programming, database management, web design and development, human-computer interaction, and business analytics. 

Research Grant

  • PI: "Big Data Driven Analytics and Decision Making in the Motion Picture Industry", Major Research Plan / Fostering Program - Natural Science Foundation of China , Amount: CNY 430,000 (2018-2020) , Hailiang Chen, Yifan Dou, and Liangfei Qiu
  • PI: "Monetary Incentives and Content Contribution in Social Media: The Case of Online Crowd Sourced Equity Research", General Research Fund (GRF) - Research Grants Council (RGC) , Amount: HKD 482,000 (2016-2018) , Hailiang Chen

Administrative Assignments

Period Name Position
6/2017 - Now BBA Information Management (IFMG) Major Leader
6/2017 - Now Bachelor's Degree in Information Systems (BDIS) Major Leader


Journal Articles
  • Lee, Joon Mahn, Byoung-Hyoun Hwang, Hailiang Chen (2017), "Are Founder CEOs more Overconfident than Professional CEOs? Evidence from S&P 1500 Companies", Strategic Management Journal, 38, 3, 751-769, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2510549.
  • Chen, Hailiang, Prabuddha De, Yu Jeffrey Hu. (2015), "IT-enabled broadcasting in social media: An empirical study of artists’ activities and music sales", Information Systems Research, 26, 3, 513-531, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2201430.
  • Chen, Hailiang, Prabuddha De, Yu Jeffrey Hu, Byoung-Hyoun Hwang (2014), "Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media", Review of Financial Studies, 27, 5, 1367-1403, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1807265.
  • Chen, Hailiang, Hongyan Liu, Jiawei Han, Xiaoxin Yin, Jun He (December 2009), "Exploring optimization of semantic relationship graph for multi-relational Bayesian classification", Decision Support Systems, 48, 1, 112–121.
Accepted Journal Articles (forthcoming)
  • Chen, Hailiang, Yu Jeffrey Hu, Michael D. Smith. (2017), "The Impact of eBook Distribution on Print Sales: Analysis of a Natural Experiment", accepted by Management Science, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1966115, forthcoming.
Conference Papers (Proceedings)
  • Yu, Yinan, Baojun Ma, Hailiang Chen, Benjamin P. C. Yen (2018), "Utilizing Geospatial Information in Cellular Data Usage for Key Location Prediction", proceedings of The 51st Hawaii International Conference on System Sciences (HICSS), Hawaii, USA, https://ssrn.com/abstract=2777071.
  • Chen, Hailiang, Yu Jeffrey Hu, Shan Huang. (2017), "Does Monetary Incentive Lead to Better Stock Recommendations on Social Media?", proceedings of International Conference on Information Systems (ICIS), Seoul, South Korea, https://ssrn.com/abstract=2964503.
  • Xu, Ruiyun, Hailiang Chen, J. Leon Zhao. (2017), "Predicting Corporate Venture Capital Investment", proceedings of International Conference on Information Systems (ICIS), Seoul, South Korea.
  • Xu, Ruiyun, Hailiang Chen, J. Leon Zhao. (2017), "A Fast and Comprehensive Literature Search Tool for Information Systems Researchers", proceedings of International Conference on Information Systems (ICIS), Seoul, South Korea.
  • Yuan, Ziqing, Hailiang Chen, Choon Ling Sia (2017), "Mobile Initiative and Firm Equity Value", proceedings of International Conference on Information Systems (ICIS), Seoul, South Korea.
  • Chen, Hailiang, J. Leon Zhao (2015), "ISTopic: Understanding Information Systems Research through Topic Models", proceedings of International Conference on Information Systems (ICIS), http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2601719; Best RIP Nominee.
Working Papers
  • Yu, Yinan, Hailiang Chen, Chih Hung Peng, Patrick Y. K. Chau. (2017), "The Causal Effect of Video Streaming on DVD Sales: Evidence from a Natural Experiment", https://ssrn.com/abstract=2897950.
  • Xie, Peng, Hailiang Chen, Yu Jeffrey Hu (2017), "Network Structure and Predictive Power of Social Media for the Bitcoin Market", https://ssrn.com/abstract=2894089.
  • Yu, Yinan, Liangfei Qiu, Hailiang Chen, Benjamin P. C. Yen (2016), "Interplay between Traditional Media and Social Media: The Moderating Role of Product Appeal", http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2630910.
  • Yu, Yinan, Hailiang Chen, Baojun Ma, Benjamin P. C. Yen (2016), "Utilizing Geospatial Information in Cellular Data Usage for Key Location Prediction", http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2777071.
  • Xu, Ruiyun, Hailiang Chen, J. Leon Zhao (2016), "Topic Associations in Document Models for Ad Hoc Information Retrieval".
  • Akcura, Tolga M., Kemal Altinkemer, Hailiang Chen. (2015), "Noninfluentials and Information Dissemination in the Microblogging Community", http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2201497.
  • Chen, Hailiang, Byoung-Hyoun Hwang, Baixiao Liu. (2015), "The economic consequences of having 'social' executives", http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2318094.
  • Ma, Baojun, Hailiang Chen (2015), "Does Bigger Screen Lead to More Cellular Data Usage?", http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2510263.
Consultancy Reports
  • Hailiang Chen (April 2014), "草根财商:社交媒体时代的证券投资", Capital Week, 证券市场周刊, pp. 30-37, http://www.capitalweek.com.cn/2014-04-25/1641330141.html.