Academic Position
Aug. 2013 – present: Associate Professor at Dep. of Public Finance, School of Economics, Xiamen University
Aug. 2010 – Jul. 2013: Assistant Professor at Dep. of Public Finance, School of Economics, Xiamen University
Visiting Position
Sep. 2016 – Sep. 2017: Visiting Scholar of The University of New South Wales (UNSW)
Education
Sep. 2007 – Jul.2010: Doctor of Management Dep. of Financial Management, the School of Management, Xiamen University
Sep. 2005 – Jul.2007: Master of Management Dep. of Financial Management, the School of Management, Xiamen University
Sep. 2001 – Jul.2005: Bachelor of Engineering Dep. of Hydraulic Engineering, the School of Civil Engineering, Hefei University of Technology
Research Interests and Current Teaching
Research Interests and Expertise: Corporate Finance, Capital Market and Public Finance.
Curriculum Offer: “Public Finance”, “International Tax”, “National Revenue”, “Tax Accounting”, “Analysis of Financial Statements”, “Corporation Finance”, “Corporate Governance”, etc.
Selected Publication in Referred Chinese Journals
“Which Side of the Double-edged Sword: Related Party Transactions, Motivations of Related Party Transactions and Firm Value”, with Zhao Yueru and Wu Yuhui, Journal of World Economy (世界经济), 2017, (1): 142-167.
“Fiscal Subsidies: A Pie or a Trap? ——An Empirical Research Based on the Perspective of Financing Constraints VS. Over-investment”, with Zhao Yueru and Wu Yuhui, Public Finance Research (财政研究), 2015, (12): 18-29.
“Replacing Business Tax with VAT, Bargaining Power and Tax Burden: Evidence from Chinese Listed Companies”, with Tong Jinzhi and Su Guocan, Finance & Trade Economics (财贸经济), 2015, (11): 14-26.
“Who Are the Winners of Fiscal Subsidies: An Empirical Research on Listed Companies with the Concept of New Energy”, with Wu Yuhui, Li Changqing and Zeng Aimin, Finance & Trade Economics (财贸经济), 2015, (10): 73-86.
“Study on the Effect of Business-Tax-To-VAT Reform on Financial Companies’ Tax Burdens and Policy Choice: Based on the Comparison of Two Approaches”, with Xia Yongzhe, Economic Perspectives (经济学动态), 2015, (8): 71-83.
“Market Investor Sentiment, IPO Pricing Level and IPO Break on Its First Trading Day: Empirical Evidence from Chinese Listed Companies”, with Li Bo and Sun Qian, Investment Research (投资研究), 2015, (1): 39-49.
“Rent-seeking, Fiscal Subsidies and Corporate Growth: Evidence from Chinese Listed Firms with the Concept of New Energy”, with Wu Yuhui and Zeng Aimin, Economic Management Journal (经济管理), 2015, (1): 1-11.
“The Semi-mandatory Dividend Rules and Dividend Behaviors of Chinese Listed Firms”, with Li Maoliang and Li Changqing, Economic Research Journal (经济研究), 2014, (6): 100-114.
“Financial Ecological Environment and Financial Constraints: An Empirical Study Based on Chinese Listed Companies”, with Zeng Aimin and Li Bo, Accounting Research (会计研究), 2014, (5): 73-80.
“Media Coverage and IPOs Pricing Efficiency: Based on the Angles of Information Asymmetry and Investors’ Irrational Sentiment”, with Xiong Yan and Li Changqing, Journal of World Economy (世界经济), 2014, (5): 135-160.
“Investment Management Mode of Social Insurance Fund and Getting Rid of the Predicament”, with Lin Yaqing, Reform (改革), 2014, (3): 47-55.
“Family Business Research: A Bibliometric Analysis”, with Lin Yaqing, Wu Yuhui and Li Changqing, China Economic Quarterly (经济学季刊), 2013, 13(1): 27-56.
“Financial Constraints, Financial Flexibility and Investment-cash Sensitivity: Theoretical Analysis and Empirical Evidence from Listed Companies in China”, with Zeng Aimin, Journal of Finance and Economics (财经研究), 2013, (11): 38-47.
“Impact of Financial Crisis, Preservation of Financial Flexibility and Corporate Investment Behavior: Empirical Evidence from Chinese Listed Companies”, with Zeng Aimin and Zhang Chun, Management world (管理世界), 2013, (4): 107-120.
“Financial Development and Cash Dividend Policy of Listed Companies”, with Lin Yaqing and Huang Shoufeng, Investment Research (投资研究), 2012, (8): 45-59.
“Family Control, Double Principle-agent Conflicts and Cash Dividend Policy: Based on Empirical Evidence from Chinese Listing Corporation”, with Wu Yuhui and Li Changqing, Financial Research (金融研究), 2012, (7): 168-181.
“Spillover Effects of Crisis Events: Homogeneous Mixture or Heterogeneous Coexistence? Empirical Evidence from Tencent-Qihoo 360 Spot”, with Xiong Yan and Li Changqing, Journal of Finance and Economics (财经研究), 2012, (6): 38-47.
“Financial Ecological Environment, Audit Opinion and the Cost of Debt Financing”, with Wang Zhenjie, Wu Yuhui and Li Changqing, Auditing Research (审计研究), 2012, (3): 98-105.
“Media Sensationalism: Transmission Mechanism, Economic Consequences and Reputation Punishment——Based on Case Study of the ‘Bawang’ Event”, with Xiong Yan and Li Changqing, Management world (管理世界), 2011, (10): 125-140.
“Finance Crisis Impact, Financial Flexible Reserve and Corporate Financing Behaviors: Empirical Evidence from Chinese Listing Corporation”, with Zeng Aimin and Fu Yuanlue, Financial Research (金融研究), 2011, (10): 155-169.
“Family Control, Institutional Environment and Cash Dividend Policy: Evidence from China”, with Wu Shinong, Li Changqing and Chen Wei, China Journal of Accounting Research, 2011, 4(1-2): 29-46. (in English)
“A Study on Market Reactions to the Semi-mandatory Dividend Policy”, with Li Changqing, and Wu Shinong, Economic Research Journal (经济研究), 2010, (3): 144-155.
“An Empirical Study on Market Reactions to Restatement Announcements of Annual Reporting of Chinese Listed Companies”, with Li Changing and Wang Yihui, Accounting Research (会计研究), 2009, (8): 31-39.
“Family Control, Audit Supervision and Corporate Governance: Evidence from Supplement and Correction Announcements”, (with Li Changqing and Zeng Aimin), Auditing Research (审计研究), 2009, (6): 69-78.
“The Primary Determinant Analysis of Chinese Listed Companies’ Short-Term Financing Bills Issues”, with Wu Yuhui and Wu Shinong, Financial Research (金融研究), 2009, (5): 93-106.
“Research on the Related Party Transactions of Chinese Listed Companies: Motivations, Economic Consequences and Governance Mechanism”, Jan. 2016 – Dec. 2019, supported by National Natural Science Foundation of China, 71572165, Principal Investigator (520,000RMB).
“Research on the Resource Allocation and Governance Mechanism of Fiscal Subsidies of Chinese Listed Companies”, Mar. 2016 – Apr. 2019, supported by Science and Technology Department of Fujian Province, 2016J01339, Principal Investigator (30,000RMB).
“Cultivation Plan for Outstanding Youth Scientific Research Talent of Fujian Province”, Jun. 2015 – May 2018, supported by Fujian Educational Bureau, Principal Investigator (20,000RMB).
“The Semi-mandatory Dividend Rules, Corporate Dividend Behavior and Investor Protection”, Jan. 2012 – Dec. 2014, supported by National Natural Science Foundation of China, 71102058, Principal Investigator (200,000RMB).
“The Semi-mandatory Dividend Rules, Dividend Behavior of Listed Company and Company Value”, Jan. 2011 – Dec. 2013, supported by The Fundamental Research Funds for the Central Universities for Xiamen University, 2011221012, Principal Investigator (100,000RMB).
