摘要：在当今金融数字化的浪潮中，投资者的每一次提问与企业的每一次回应，都在重塑资本市场的沟通模式与信息生态格局。信息披露这一传统上由上市公司主导的领域，正在人机交互与实时反馈的技术驱动下发生深刻变革。我们既看到技术赋能带来的信息效率提升，也密切关注新型沟通机制对市场
在当今金融数字化的浪潮中，投资者的每一次提问与企业的每一次回应，都在重塑资本市场的沟通模式与信息生态格局。信息披露这一传统上由上市公司主导的领域，正在人机交互与实时反馈的技术驱动下发生深刻变革。我们既看到技术赋能带来的信息效率提升，也密切关注新型沟通机制对市场稳定性的实际影响。2025年10月13日，著名会计与金融学教授Charles M. C. Lee将莅临光华40年“顶尖学者学术讲堂”，以其深厚的研究积淀，为我们解析互动平台如何缓解信息不对称、改善市场流动性。
In the current wave of financial digitalization, every query from investors and every response from companies are reshaping the communication patterns and information ecology of the capital markets. Information disclosure, once a domain dominated by listed companies, is undergoing profound transformation driven by technologies that enable human-machine interaction and real-time feedback. While we witness technology-driven improvements in information efficiency, we are also attentive to the practical impact of new communication mechanisms on market stability. On October 13, 2025, renowned accounting and finance scholar Professor Charles M. C. Lee will join the Guanghua 40th Anniversary "Distinguished Scholars Academic Lecture" to share his rigorous research, helping us understand how interactive platforms can alleviate information asymmetry and enhance market liquidity.
主 题|Theme
我们聊聊吧？ Shall We Talk?
投资人互动平台在企业沟通中的作用
The Role of Interactive Investor Platforms in Corporate Communication
时 间|Time
2025年10月13日19:00-21:00
Monday, October 13, 7:00 - 9:00 PM
地 点|Location
北京大学光华管理学院
Guanghua School of Management, PKU
语 言|Language
英文 (配备中文同声传译)
English (Simultaneous Chinese Interpretation)
Scan for registration
报名是否成功，请等待后续通知。
Please wait for further notice
regarding the success of your registration.
本期讲座主题为“我们聊聊吧？投资人互动平台在企业沟通中的作用”，将深入探讨投资者与企业的互动如何影响交易行为与价格发现机制。Lee教授将探讨危机时期投资者的信息需求特征、企业管理层回应有效性的关键条件，以及互动平台在促进价格发现、缩小买卖价差、提升市场深度等方面的实际作用；并结合A股市场丰富的高频数据与自然实验场景，揭示新型沟通机制如何在信息不确定性较高的情况下，有效稳定市场并优化资源配置。
This lecture, titled " Shall we talk? The role of interactive investor platforms in corporate communication" will delve into how investor-company interactions influence trading behavior and price discovery mechanisms. Professor Lee will address crucial questions about the characteristics of investor information demand during crises, the conditions under which management responses are effective, and the practical role of interactive platforms in enhancing price discovery, reducing bid-ask spreads, and improving market depth. Leveraging extensive high-frequency data and natural experiment scenarios from the A-share market, it will reveal how new communication mechanisms play a vital role in stabilizing markets and optimizing resource allocation amid high information uncertainty.
嘉宾介绍
Speaker
查尔斯·M·C·李
斯坦福大学商学院莫格达姆家族荣休讲席教授
华盛顿大学福斯特商学院会计学柯密特·O·汉森讲席教授
Charles M. C. Lee
The Moghadam Family Professor, Emeritus, Stanford Graduate School of Business
The Kermit O. Hanson Professor in Accounting, The UW Foster School of Business
向上滑动阅览
Swipe to read more
查尔斯·M·C·李（Charles M. C. Lee）现任斯坦福大学商学院莫格达姆家族荣休讲席教授，同时担任华盛顿大学福斯特商学院会计学柯密特·O·汉森讲席教授。李教授长期致力于会计与金融领域的研究，曾执教于密歇根大学、康奈尔大学、斯坦福大学及华盛顿大学。此外，他于2003年至2012年间担任北京大学光华管理学院会计系联席系主任。
Charles M. C. Lee is the Moghadam Family Professor, Emeritus, at the Graduate School of Business, Stanford University, and the Kermit O. Hanson Professor of Accounting in the Foster School of Business at the University of Washington. Professor Lee has long been dedicated to research in accounting and finance. He has taught at the University of Michigan, Cornell University, Stanford University, and the University of Washington. In addition, Professor Charles Lee served as the Co-Chair of the Accounting Department at Peking University's Guanghua School of Management from 2003 to 2012.
李教授的研究主要关注人类认知局限对市场参与者的影响以及信息融入资产价格的效率机制。他在行为金融学、市场微观结构、股权估值、财务分析、量化投资与证券市场监管等领域成果丰硕，相关论文发表于会计与金融学科的多家顶级学术期刊。
Professor Lee’s research focuses on the effects of human cognitive constraints on market participants and the efficiency of information incorporation into asset prices. He has published extensively in leading academic journals in accounting and finance on topics that include behavioral finance, market microstructure, equity valuation, financial analysis, quantitative investing, and security market regulation.
李教授曾荣获诸多奖项，包括2024年美国会计协会财务会计与报告学部终身成就奖、会计文献杰出贡献奖以及12项国家级和院级卓越教学奖。其研究成果曾斩获Q集团罗杰·F·默里论文一等奖、AIMR格雷厄姆与多德卓越奖、IBES全球预期学术研究竞赛冠军、芝加哥量化联盟CQA-IBES学术竞赛优胜奖。他还获选美国会计协会总统学者，并获得斯坦福大学亚裔教师杰出成就与服务奖。
Dr. Lee has received numerous awards and honors. Select honors include the 2024 AAA FARS Lifetime Achievement Award, the Notable Contribution to Accounting Literature Prize, as well as 12 National- or School-level Teaching Excellence Awards. His papers have received First Prize for the Q Group’s Roger F. Murray Prize; the AIMR Graham and Dodd Award of Excellence; the IBES Global Expectation Academic Research Competition; and the Chicago Quantitative Alliance CQA-IBES Academic Competition. He has been the Presidential Scholar of the AAA and has received the Stanford University Asian American Faculty Award for Outstanding Achievements and Service to the University and to the Asian American Community.
除学术工作外，李教授曾担任巴克莱全球投资者（BGI，现属贝莱德集团）董事总经理，主导全球股票研究业务并共同管理北美主动型股票投资部门，负责监管逾3000亿美元资产。他还联合创办了Nipun Capital有限合伙企业，目前仍担任资深顾问，持续将学术见解与行业实践相融合。
Beyond academia, Professor Lee served as Managing Director at Barclays Global Investors (BGI; now Blackrock), where he led global equity research and co-headed the North American active equity business, overseeing more than $300 billion in assets. He has also co-founded Nipun Capital, LP, and continues to serve as a senior advisor, bridging academic insight with industry practice.
光华40年“顶尖学者学术讲堂”
Guanghua's 40th Anniversary Top Scholar Forum
为加快推进“双一流”优势学科建设及学科高质量发展，落实2030年整体达到世界顶级商学院研究水准并兼具中国特色的建设目标，光华管理学院以40周年院庆为契机，推出“顶尖学者学术讲堂”系列活动，邀请全球顶尖学者和权威专家来院举办讲座和交流活动，旨在深度探索经济学和管理学领域的重要科学问题和前沿问题，鼓励跨学科创新，拓展研究范式边界，启迪新的思想理念，加强国际前沿学术交流，提升学术研究的国际影响力。
The "Top Scholar Forum" series, launched to celebrate the 40th anniversary of the Guanghua School of Management and promote the high-quality development of academic disciplines, brings together top scholars and experts from around the world. Through lectures and academic exchanges, the forum focuses on frontier issues and key topics in economics and management, employing innovative academic paradigms and scientific methodologies. It encourages interdisciplinary innovation and the exploration of practical challenges, showcasing the latest research and sparking new ideas and perspectives. This international platform for academic dialogue aims to enhance Guanghua’s academic contributions and further elevate its global influence in the fields of economics and management.
来源 | 北大光华学术咨讯
审阅 | 塔娜
来源：北京大学光华管理学院
