Distinguished Professor of Finance
(Former Associate Dean, Professional Graduate Programs)
Email: wwang@queensu.ca
Tel: 1-613-533-3248
Dr. Wei Wang is a Distinguished Professor of Finance (at the rank of Full Professor) at Queen's University’s Smith School of Business. Previously, he served as Associate Dean of Professional Graduate Programs, managing a portfolio of 13 MBA and specialized graduate programs. He was also the founding director of Queen’s Master of Finance program in Beijing, which he helped establish over a decade ago.
Dr. Wang’s research focuses on corporate restructuring, corporate governance, and financial regulation, with particular expertise in corporate financial distress and bankruptcy. A recognized authority in his field, Dr. Wang’s work is widely published in leading academic journals, including The Journal of Finance and The Journal of Financial Economics. His research has garnered significant attention, including features in The Wall Street Journal and The Globe and Mail. He has also received five SSHRC grants to support his research endeavors. He has regularly contributed to practitioner journals, such as The Journal of Fixed Income and The Journal of Alternative Investments. Dr. Wang is an experienced speaker and has presented at over 100 academic conferences and seminars worldwide.
Dr. Wang brings extensive teaching experience across global professional graduate programs. Beyond the Smith School, he has taught MBA, EMBA, professional master’s, and Executive Education courses at renowned institutions, including the Wharton School and the Hong Kong University of Science and Technology Business School. In his commitment to advancing business education, Dr. Wang has developed numerous pedagogical materials, including eight case packages for Harvard Business School and a co-authored book on corporate financial distress and restructuring, published by Wiley with Professors Edward Altman (NYU) and Edith Hotchkiss (Boston College).
In addition to his academic work, Dr. Wang has made substantial contributions to public policy as a member of the COVID-19 and Bankruptcy Working Group, providing policy recommendations to the U.S. Senate and Congress. He serves as Vice President of the Financial Management Association (FMA) and as a director on the board of the Northern Finance Association, where he is actively expanding the reach and impact of these organizations. Before embarking on his academic career, Dr. Wang gained industry experience in commodity derivatives trading and in a fintech startup.
Corporate Financial Distress, Restructuring, and Bankruptcy
By Edward Altman, Edie Hotchkiss, and Wei Wang
Endorsements for the book
“They did it again! The masters of distressed corporate debt and restructuring have again set the standard with the 4thedition of their world-leading textbook. This definitive and comprehensive treatment now incorporates the lessons of the Great Financial Crisis and includes an extensive primer on Chapter 11. The authors expanded and updated their in-depth coverage of valuation, default prediction, and recovery. This book is indispensable for MBA students and professional investors focused on private equity and distressed debt."
—Darrell Duffie, Adams Distinguished Professor of Management and Professor of Finance, Graduate School of Business, Stanford University
“The go-to book for anyone who is interested in the research and practice of distress investing and corporate restructuring. A very constructive approach for bankruptcy.”
—Wei Jiang, Arthur F. Burns Professor of Free and Competitive Enterprise, Columbia Business School, Columbia University
“Corporate Financial Distress, Restructuring, and Bankruptcy is a ‘must-have’ guide for experienced professionals and students alike. The authors provide an accessible yet incredibly comprehensive and insightful discussion (supplemented by effective use of case studies and data) of the critical elements of restructuring and bankruptcy, distressed, high-yield and leveraged finance markets, credit analysis, and default prediction. This text is more important than ever and I highly recommend it to anyone interested in truly understanding these topics.”
—Mark Kronfeld, Managing Director and Global Head of Restructuring, BlackRock
A comprehensive exploration of corporate restructurings—Altman, Hotchkiss and Wang have thoughtfully mapped out the terrain from which to navigate the often byzantine world of distressed investing. This volume is a must read for anyone trying to make sense of the complicated world of corporate restructurings and an indispensable resource tool for the uninitiated and serious investor alike.”
—David Matlin, Chief Executive Officer and Co-founder, MatlinPatterson Global Advisers LLC.
“This is a great book for people who want to work in the world of distressed debt and restructuring and for people who work in adjacent fields like private equity that want a practical understanding of distressed debt and restructuring. It should be required reading for any training program.”
—Michael Weinstock, Chief Executive Officer and Co-founder, Monarch Alternative Capital LP.
CHINESE EDITION
The Chinese edition of my joint book with Edward Altman and Edith Hotchkiss has been published by Renmin University Press of China in 2021. You can order the edition on most Chinese online platforms such as Taobao, JD, and Dangdang.
