Rik Sen

Associate Professor

Please visit my personal website for more information: https://sites.google.com/view/riksen

I am an Associate Professor in the School of Banking and Finance at the University of New South Wales in Sydney, Australia. Before joining UNSW, I was an assistant professor of finance at the Hong Kong University of Science of Technology. My research is primarily in corporate finance, with a focus on corporate governance and compensation of executives and employees. I have taught courses in undergraduate programs, MBA, other Masters programs, and doctoral programs. I received my Ph.D. from New York University’s Stern School of Business. I have published in the Journal of Financial Economics, Review of Financial Studies, Management Science, and Journal of Financial and Quantitative Analysis. I have also won several competitive research grants and received the best paper awards at various conferences.

Journal articles
Li FW; Mukherjee A; Sen R, 2020, 'Inside Brokers', Journal of Financial Economics, http://dx.doi.org/10.2139/ssrn.2823353
Islam ME; Rahman L; Sen R; Zein J, 2020, 'Eyes on the Prize: Do Industry Tournament Incentives Shape the Structure of Executive Compensation?', Journal of Financial and Quantitative Analysis
Babenko I; Sen R, 2016, 'Do Nonexecutive Employees Have Valuable Information? Evidence from Employee Stock Purchase Plans', Management Science, vol. 62, pp. 1878 - 1898, http://dx.doi.org/10.1287/mnsc.2015.2226
Cen L; Dasgupta S; Sen R, 2016, 'Discipline or Disruption? Stakeholder Relationships and the Effect of Takeover Threat', Management Science, vol. 62, pp. 2820 - 2841, http://dx.doi.org/10.1287/mnsc.2015.2252
Tumarkin RM; Sen R, 2015, 'Stocking up: Executive optimism, option exercise, and share retention', Journal of Financial Economics, vol. 118, pp. 399 - 430, http://dx.doi.org/10.1016/j.jfineco.2015.08.001
Babenko I; Sen R, 2014, 'Money Left on the Table: An Analysis of Participation in Employee Stock Purchase Plans', Review of Financial Studies, vol. 27, pp. 3658 - 3698, http://dx.doi.org/10.1093/rfs/hhu050
Conference Presentations
Sen R; Banbenko I; Choi G, 2019, 'Management (of) Proposals', presented at Financial Intermediation Research Society, Savannah, 28 May 2019 - 30 May 2019
Sen R; Ilona B; Goeun C, 2019, 'Management (of) Proposals', presented at American Finance Association, 03 January 2019, https://editorialexpress.com/conference/AFA2019/program/AFA2019.html#ss_29
Sen R, 2018, 'Inside Brokers', presented at American Finance Association, 04 January 2018, https://editorialexpress.com/conference/AFA2018/program/AFA2018.html
Conference Papers
Sen R; Babenko I; Choi G, 2019, 'Management (of) proposals', Atlanta, presented at American Finance Association, Atlanta, 04 January 2019 - 06 January 2019, https://www.aeaweb.org/conference/2019/preliminary/paper/iyRtSrGk
Zein J; Rahman L; Islam E; Sen R, 2018, 'Employee Satisfaction and Corporate Innovation: Evidence from Quasi-Exogenous Natural Experiments', Tianjin, presented at China International Conference in Finance, Tianjin, 10 July 2018 - 13 July 2018
  • FINS5514 Capital Budgeting and Financial Decisions


Previous Courses Taught

  • Corporate Finance (MBA), HKUST
  • Corporate Finance (Masters), HKUST
  • Advanced Financial Management (Undergraduate), HKUST
  • Fundamentals of Business Finance (Undergraduate), HKUST
  • Corporate Finance (Ph.D.), University of Miami
  • Finance for Non-Business Majors (Undergraduate), University of Miami
  • Foundations of Financial Markets, Stern Undergraduate College, New York University