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Associate Professor Jo-Ann Suchard

Associate Professor Jo-Ann Suchard

Associate Professor
  • PhD (UNSW)
  • MCom (Hons) (UNSW)
  • BCom, (University of Newcastle)
Business School
School of Banking and Finance

I am an Associate Professor in Banking and Finance at UNSW Business School. My area of specialty is in entrepreneurial finance and I have conducted pioneering research on the Australian and Chinese venture capital and private equity markets. I have won both Australia Research Council Linkage and Discovery grants for research in this area. I have also undertaken funded research in conjunction with government and industry partners including Australian Investment Council (formerly the Australian Venture Capital and Private Equity Association),Queensland Investment corporation and the Innovation Division, Department of Industry (Canberra) and the Department of Planning, Industry and Environment (NSW). My current research focuses on diversity (including gender) and access to capital.

I have been a director on the board of the Asian Finance Association since 2010. I developed an international annual online colloquium on venture capital and private equity in the Asia Pacific region, which I runin conjunction with the Asian Finance Association.This colloquium attracts global academic and industry participants.

My additional research interests include capital raising in debt and equity markets, corporate governance and Chinese financial markets. I have published widely in international journals, am aneditorial board member of the Australian Journal of Management and presentregularly at Australian and international conferences.I have previously held visiting positions at University of British Columbia, Canada and Singapore Management University.

Phone
+61-2-9065 5304
Location
UNSW Business School - Ref E12 Level 3, Office 346
  • Book Chapters | 2017
    Suchard J-A, 2017, 'The Chinese Private Equity Market and the Impact of Foreign Venture Capitalists', in The World Scientific Reference on Entrepreneurship, WORLD SCIENTIFIC, pp. 241 - 283,
    Book Chapters | 2017
    Suchard JC, 2017, 'The Chinese Private Equity Market and the Impact of Foreign Venture Capitalists', in Dai N (ed.), World Scientific Reference on Entrepreneurship, Vol 2: Entrepreneurial Finance: Managerial and Policy Implications, World Scientific Publishing Company,
    Book Chapters | 2013
    Owen SA; Suchard JC, 2013, 'The impact of venture capital/private equity investment on the performance of IPOs in Australia', in Levis M; Vismara S (ed.), Handbook of Research on IPOs, edn. Original, Edward Elgar, UK, pp. 400 - 420,
  • Journal articles | 2024
    Suchard J-A; Nguyen G; Wang Y, 2024, 'Is Social Capital Valuable? Evidence from Mergers and Acquisitions', British Accounting Review,
    Journal articles | 2022
    Humphery-Jenner M; Islam E; Rahman L; Suchard J-A, 2022, 'Powerful CEOs and Corporate Governance', JOURNAL OF EMPIRICAL LEGAL STUDIES, 19, pp. 135 - 188,
    Journal articles | 2021
    Suchard J; Humphery-Jenner M; Cao X, 2021, 'Government Ownership and Venture Capital in China', Journal of Banking and Finance, 129, pp. 106 - 164,
    Journal articles | 2019
    Suchard J-A; Owen S; Hsu WH, 2019, 'The value of ongoing venture capital investment to newly listed firms', Accounting and Finance,
    Journal articles | 2019
    Suchard J-A; Shinkle G, 2019, 'Innovation in newly public firms: The influence of government grants, venture capital, and private equity', Australian Journal of Management, 44, pp. 248 - 281,
    Journal articles | 2018
    Azzi S; Suchard J-A, 2018, 'Crouching tigers, hidden dragons: Private equity fund selection in China', Pacific-Basin Finance Journal,
    Journal articles | 2018
    Humphery-Jenner ML; Karpavicius S; Suchard , 2018, 'Underwriter relationships and shelf offerings', Journal of Corporate Finance, 49, pp. 283 - 307,
    Journal articles | 2018
    Suchard JC; Karpavičius S, 2018, 'Institutional ownership and the choice of equity issue method', International Review of Financial Analysis, 56, pp. 73 - 84,
    Journal articles | 2017
    Humphery-Jenner ML; Sautner Z; Suchard J-A, 2017, 'Cross-Border Mergers and Acquisitions: The Role of Private Equity Firms', Strategic Management Journal, 38, pp. 1688 - 1700,
    Journal articles | 2013
    Humphery-Jenner M; Suchard JC, 2013, 'Foreign VCs and venture success: Evidence from China', Journal of Corporate Finance, 21, pp. 16 - 35,
    Journal articles | 2013
    Humphery-Jenner M; Suchard JC, 2013, 'Foreign venture capitalists and the internationalization of entrepreneurial companies: Evidence from China', Journal of International Business Studies, 44, pp. 607 - 621,
    Journal articles | 2012
    Pham PK; Suchard JC; Zein J, 2012, 'Corporate governance and alternative performance measures: Evidence from Australian firms', Australian Journal of Management, 36, pp. 371 - 386,
    Journal articles | 2012
    Suchard JC; Pham KP; Zein J, 2012, 'Corporate Governance and the Cost of Capital: Evidence from Australian Companies', The Bank of America Journal of Applied Corporate Finance, 24, pp. 84 - 93,
    Journal articles | 2009
    Suchard JC, 2009, 'The Impact of Venture Capital Backing on the Corporate Governance of Australian Initial Public Offerings', Journal of Banking and Finance, 33, pp. 744 - 765,
    Journal articles | 2008
    Owen SA; Suchard JC, 2008, 'The pricing and impact of rights issues of equity in Australia', Applied Financial Economics, 18, pp. 1147 - 1160,
    Journal articles | 2007
    Suchard JC; SINGH M, 2007, 'Determinants of the Pricing of Privatization IPOs in the UK and Australia', International Journal of Business, 12, pp. 361 - 384,
    Journal articles | 2007
    Suchard JC, 2007, 'The Impact of Rights Issues of Convertible Debt in Australian Markets', Journal of Multinational Financial Management, 17, pp. 187 - 202,
    Journal articles | 2006
    Suchard JC; Singh M, 2006, 'The determination of the hybrid security issuance decision for Australian firms', Pacific Basin Finance Journal, 14, pp. 269 - 290
    Journal articles | 2005
    Cumming DJ; Fleming G; Suchard JC, 2005, 'Venture capitalist value-added activities, fundraising and drawdowns', Journal of Banking and Finance, 29, pp. 295 - 331,
    Journal articles | 2005
    Suchard JC, 2005, 'The use of stand alone warrants as unique capital raising instruments', Journal of Banking and Finance, 29, pp. 1095 - 1112
    Journal articles | 2003
    Suchard JC; Singh M; Davidson III WN, 2003, 'Corporate diversification strategies and capital structure', The Quarterly Review of Economics and Finance, 43, pp. 147 - 167
    Journal articles | 2003
    Suchard JC; Woo L, 2003, 'Are Hot Markets Driven by Hot Resource Shares or Hot Commodities?', Australian Journal of Management, 28, pp. 319 - 344,
    Journal articles | 2003
    Suchard JC, 2003, 'The Determinants of the Demand for Underwriter Services by Hybrid Security Issuers', The Journal of Alternative Investments, 6, pp. 43 - 53,
    Journal articles | 2001
    Suchard JC; Singh M; Barr R, 2001, 'The market effects of CEO turnover in Australian firms', Pacific Basin Finance Journal, 9, pp. 1 - 27,
  • Working Papers | 2022
    Suchard J-A; Guo R, 2022, Venture Capital and board director evolution in newly listed firms,
    Working Papers | 2022
    Suchard J-A; Humphery-Jenner M; Islam E; Rahman L, 2022, Tailoring Compensation Contracts: Early Life Disaster Exposure and CEO Compensation,
    Working Papers | 2022
    Suchard J-A; Nguyen G; Nguyen H, 2022, Board connections in Venture Capital Investments,
    Working Papers | 2022
    Suchard J-A; Nguyen G; Wang Y, 2022, Is Social Capital Valuable? Evidence from Mergers and Acquisitions, ,
    Working Papers | 2022
    Suchard J-A; Shen L; Lyu Y, 2022, Inventor experience and Venture Capital,
    Working Papers | 2022
    Suchard J-A; Tran J, 2022, Cross-border Infrastructure Investments,
    Working Papers | 2022
    Suchard J-A; Tran J, 2022, Operating Partners in Private Equity: Window dressing or value add,
    Working Papers | 2022
    Suchard J-A; Tran J, 2022, Primary or secondary funds of funds? Evidence from private markets,
    Working Papers | 2022
    Suchard J-A, 2022, Firm ownership and corporate governance of newly listed firms in China,
    Working Papers | 2022
    Suchard J-A, 2022, Venture capital and foreign listings of entrepreneurial companies,
  • Conference Presentations | 2024
    Suchard J-A; Nguyen G; Yuelin W, 2024, 'Is Social Capital Valuable? Evidence from Mergers and Acquisitions',
    Conference Presentations | 2021
    Suchard J-A; Humphery-Jenner M; Qiu Z, 2021, 'IPO Suspension and Venture Capital Activity', presented at Asian Finance Association, 02 July 2021
    Conference Presentations | 2021
    Suchard J-A; Humphery-Jenner M; Qui Z, 2021, 'IPO Suspension and Venture Capital Activity', presented at 12th Emerging Markets Conference, 13 December 2021
    Conference Presentations | 2021
    Suchard J-A; Nguyen G; Wang Y, 2021, 's Social Capital Valuable? Evidence from Mergers and Acquisitions', presented at Australasian Finance & Banking Conference, 15 December 2021
    Conference Papers | 2014
    Humphery-Jenner M; Shinkle GA; Suchard J-A, 2014, 'Innovation in newly public firms: The influence of government grants, venture capital, and private equity', in Davidsson P (ed.), Australian Centre for Entrepreneurship Research Exchange Conference 2014 Proceedings, Queensland University of Technology, Sydney Australia, pp. 448 - 467, presented at Australian Centre for Entrepreneurship Research Exchange Conference, Sydney Australia, 04 February 2014 - 07 February 2014,
    Conference Papers | 2007
    Suchard JC; Pham P; Zein J, 2007, 'Corporate Governance, Cost of Capital and Performance: Evidence from Australian Firms', in Corporate Governance, Cost of Capital and Performance: Evidence from Australian Firms, Academy of Finance, Chicago, USA, presented at Academy of Finance, Chicago, USA
    Conference Papers | 1997
    Suchard JC, 1997, 'Valuation effects of rights issues of convertible debt', in Suchard J-A; Esho N; Moreau A (eds.), 10th Annual Australasian Finance and Banking Conference, 10th Annual Australasian Finance and Banking Conference, Sydney, pp. 813 - 852, presented at 10th Annual Australasian Finance and Banking Conference, Sydney, 04 December 1997 - 05 December 1997
    Preprints |
    Humphery-Jenner M; Suchard J-A, Should Exchanges Allow Larger and More Discounted Placements? An Analysis of Changes to ASX Listing Rules,
    Preprints |
    Suchard J-A; Humphery-Jenner M; Qiu Z, IPO Suspensions and Venture Capital Activity,

  • Australia Research Council Discovery Grant, 2014-2016 (DP140103039).
  • Australia Research Council Linkage Grant, 2006-2009 (LP0669462).
  • Australia Research Council Discovery Grant, 2005-2007 (DP0558712).
  • SJTU-UNSW Collaborative Research Fund Seed Grant in 2015/16.
  • Centre for International Finance and Regulation, Research Grant, 2012.

  • CEIBS Cathay Cross Border Private Equity Research Fund, 2019
  • Best paper prize, Asian Finance Association, 2017
  • Coller Institute of Venture 2015 Research Awards Grand prize
  • Asia Private Equity Institute Research Award 2014–15
  • Best paper prize, China Finance Review Conference, 2013
  • AVCAL research prize 2011

My research broadly focuses on how different types of funding impact firms. In particular, my research program considers the impact of Venture Capital and Private Equity on firm outcomes. These outcomes include firm success, innovation and growth strategies such as takeovers. My research is international in focus and includes Australian, US and Chinese markets.

My research has been used by the industry association representative body (AVCAL) to support policy change initiatives in private equity in Australia and support policy development by the Department of Industry, Innovation and Science.

Media:

My Teaching

  • FINS3625 Applied Corporate Finance
  • FINS5514 Capital Budgeting and Financial Decisions
  • FINS5515 Issues in Corporate Finance