Benedict Koh

Benedict Koh is Professor of Finance (Education) and Associate Dean at the Lee Kong Chian School of Business, Singapore Management University (SMU). He was previously the Director of Centre for Silver Security at the Sim Kee Boon Institute for Financial Economics. Prior to joining SMU, Dr Koh was Vice Dean and Associate Professor of Finance and Accounting at the NUS Business School, National University of Singapore. Dr Koh graduated with a PhD in Finance from the Wharton School of the University of Pennsylvania. Before joining academia, he was a corporate banker at Chase Manhattan Bank. Dr Koh is a consultant and executive trainer of banks, companies and government agencies and is currently an Editor of the Journal of Pension Economics and Finance. His teaching and research interests are in Corporate Finance, Pension Finance, Investment Management, Financial Markets, Commercial Banking and Empirical Finance and Wealth Management.

DUCATION

• 1992 Ph.D. in Finance, Wharton School , University of Pennsylvania
• 1983 B.B.A. Honours, National University of Singapore

CURRENT APPOINTMENTS

• 2010 - Now Associate Dean Lee Kong Chian School of Business, Singapore Management University
• 2010 - Now Professor of Finance (Education)
• 2014 - Now Editor, Journal of Pension Economics and Finance

AWARDS, RECOGNITION AND HONORS

• Winner of SMU’s Best Executive Teacher Award (2019)
• Winner of Best Paper Award by Asia Pacific Financial Education Institute (2019)
• Public Administration Silver Medal awarded by the President of Singapore (2018)
• SMU’s nominee for Excellence in Executive Teaching Award (2018)
• SMU’s nominee for Excellence in Executive Teaching Award (2017)
• Winner of SMU Provost Award for Management Practice (2015)
• LKCSB’s nominee for University Teaching Excellence Award in Postgraduate Professional Programmes (2014)
• Dean’s Teaching Honour List for being one of the top 20 Teaching Faculty in LKC School of Business (2014)
• LKC School of Business nominee for University Teaching Excellence Award in Postgraduate Professional and Executive Development Programme (2013)
• Public Administration Bronze Medal awarded by the President of Singapore (2012)
• Dean's Teaching Honour List for being one of the top 20 Teaching Faculty in LKC School of Business (2012)
• LKC School of Business Nominee for SMU's Distinguished Teaching Award (2010)
• Top 20 Teaching Faculty in LKC School of Business (2010)
• Dean's Commendation for Teaching Excellence, Lee Kong Chian School of Business, Singapore Management University (2006)
• Best Paper Award by JAFEE for paper entitled "The Political Economy of Volatility Dynamics in the Hong Kong Stock Market" (2004)
• Dean's Commendation for Teaching Excellence, NUS Business School (2000)
• NUS Overseas Scholarship, 1987 – 1991

RESEARCH INTERESTS

• Pension Systems
• Corporate Finance
• Unit Trusts/Mutual Funds

SELECTED JOURNAL ARTICLES (REFEREED)

• Financial Knowledge and Portfolio Complexity in Singapore, forthcoming in Journal of the Economics of Ageing, 2019.
• Does Financial Education Enhance Financial Preparedness? Evidence from a Natural Experiment in Singapore, July 2018, Journal of Pension Economics and Finance, Vol. 17, Issue 3, p254-77.
• A Risk and Complexity Rating Framework for Investment Products, 2015, Financial Analysts Journal, Vol 71, No 6, p 10-28.
• Disaggregating ADL Limitations for Predicting Nursing Home Admission, 2015, Health Services Research, Vol 50, No 2, p 560-578.
• Longevity Risk Management in Singapore's National Pension System ( Joelle H.Y. Fong, Olivia S. Mitchell, and Benedict S. K. Koh) , 2011, Journal of Risk and Insurance, Vol 78, Issue 4, 961-982.
• What's on the Menu? Included versus Excluded Funds for Singapore's Central Provident Fund Investors (Benedict S. K. Koh and Olivia S. Mitchell), 2010, Pensions: An International Journal, Vol 15, Issue 4, p276-286.
• “Collective Investments for Pension Savings: Lessons from Singapore's Central Provident Fund Scheme”, by Seng Kee, Benedict KOH, Olivia S. MITCHELL, and Joelle FONG, 2010, 15(2), Pensions: An International Journal, 100-110.
• "Cost Structures in Defined Contribution Systems: The Case of Singapore's Central Provident Fund", by Seng Kee, Benedict KOH, Olivia S. MITCHELL, and Joelle FONG, 2008 , 13( 1-2), Pensions: An International Journal, 7-14.
• "Investment patterns in Singapore's Central Provident Fund System", by Seng Kee, Benedict KOH, Olivia S. MITCHELL, Toto TANUWIDJAJA, and Joelle FONG, 03/2008 , 7( 1), Journal of Pension Economics and Finance, 37-65
• "A Cardan's Discriminant Approach to Predicting Currency Crashes", by Seng Kee, Benedict KOH, W. M. FONG, and Fabrice CHAN, 02/2007 , 26( 1), Journal of International Money and Finance, 131-148
• "Corporate Divestitures and Spinoffs in Singapore", by Francis C.C. KOH, Winston T H KOH, and Benedict KOH, 2005 , 2( 1), Journal of Restructuring Finance, 69-79
• "The Political Economy of Volatility Dynamics in the Hong Kong Stock Market", by W. M. FONG and Benedict KOH, 2003 , 9( 3), Asia-Pacific Financial Markets, 259-282
• "Joint Variance Ratio Tests of the Martingale Hypothesis for Exchange Rates", by Benedict KOH, W. M. FONG, and S. OULIARIS, 1997 , 15( 1), Journal of Business and Economic Statistics, 51-59

SELECTED BOOKS AND MONOGRAPHS (AUTHORED OR CO-AUTHORED)

• Managing Your Finance, 1st Edition, World Scientific Press, 2020.
• Personal Financial Planning, Prentice-Hall, 5th Edition, 2017.
• Personal Investments, Prentice-Hall, 2nd Edition, 2017.
• Managing Your Money: Everything You Need to Know about Personal Finance, 2nd Edition, McGraw-Hill, Singapore, 06/2004

SELECTED CHAPTERS IN BOOKS

• Singapore's Social Security Savings System: A Review and some Lessons for the United States, 2015, In " Reimagining Pensions: The Next 40 Years", edited by Olivia S. Mitchell and Richard Shea, Oxford University Press.
• Longevity Risk and Annuities in Singapore, 2010, In “Reorienting Retirement Risk Management”, Oxford University Press: p156-178.
• "Anomalies in Asian Emerging Stock Markets", Security Market Imperfections in World Wide Equity Markets, William T. Ziemba, Donald B. Keim, Cambridge University Press; New York, 2000

RESEARCH AREAS AND AREAS OF EXPERTISE

• Finance
• Corporate Finance and Corporate GovernanceAsset Pricing and Capital MarketsBanking and Financial IntermediationWealth ManagementFinancial Innovation and FinTech
• Asian & ASEAN Initiatives