Profile Information

Profile

Dr. Lucy Chernykh is the Wells Fargo Professor of Banking at Clemson University. Her research centers on international finance and financial stability, with a primary focus on the Russian banking sector and financial regulation. Her work has been published in several premier finance journals, including the Journal of Financial Economics, Management Science, Review of Corporate Finance Studies, Journal of Corporate Finance, Journal of Banking & Finance, and the Journal of Financial Stability.

Dr. Chernykh has held multiple academic leadership roles, including service on the Boards of Directors of the Eastern Finance Association and the Southern Finance Association, and as Track Chair and Executive Committee member for various academic finance conferences. She currently serves as an Associate Editor for the Journal of Financial Research.

At Clemson University, Dr. Chernykh is an active member of the academic community. She serves on the University Grievance Board, represents the College of Business in the Faculty Senate, and is a member of the Faculty Senate Finance Committee.

Research Interests

• Financial stability; Financial regulation; Deposit insurance; Russian banking and financial system

Research Publications

• Chernykh, Lucy; Davydov, Denis; Sihvonen, Jukka (2023). “Financial Stability and Public Confidence in Banks,” Journal of Financial Stability 69.
• Chernykh, Lucy and Sergey Mityakov (2022). "Behavior of Corporate Depositors during a Bank Panic," Management Science 68(12), 9129-9151.
• Chernykh, Lucy and Sergey Mityakov (2022). "Do Ex-Bankers Benefit Non-Financial Firms? Evidence from Job Transitions," Review of Corporate Finance Studies 11(2), 364-413.
• Chernykh, Lucy and Vladimir Kotomin (2022). "Risk-based Deposit Insurance, Deposit Rates and Bank Failures: Evidence from Russia," Journal of Banking and Finance 138.
• Chernykh, Lucy and Sergey Mityakov (2017). "Offshore Schemes and Tax Evasion: The Role of Banks," Journal of Financial Economics 126, 516-542.
• Chernykh, Lucy and Rebel A. Cole (2015). "How Should We Measure Bank Capital Adequacy for Triggering Prompt Corrective Action? A (Simple) Proposal," Journal of Financial Stability 20, 131-143.
• Chernykh, Lucy (2014). "Dwarf Banks," Journal of Banking and Finance 38, 31-40.
• Chernykh, Lucy (2011). "Profit or Politics? Understanding Renationalizations in Russia," Journal of Corporate Finance 17, 1237-1253.
• Chernykh, Lucy and Rebel A. Cole (2011). "Does Deposit Insurance Improve Financial Intermediation? Evidence from the Russian Experiment," Journal of Banking and Finance 35, 388-402.
• Chernykh, Lucy and Alexandra K. Theodossiou (2011). " Determinants of Bank Long-Term Lending Behavior: Evidence from Russia," Multinational Finance Journal 15, 193-216.
• Chernykh, Lucy (2008). "Ultimate Ownership and Control in Russia," Journal of Financial Economics 88, 169-192.