Zhe Li

ORCID: 0000-0002-2003-0827
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About
Contact & Profiles
Research Areas
  • Corporate Finance and Governance
  • Working Capital and Financial Performance
  • Private Equity and Venture Capital
  • Auditing, Earnings Management, Governance
  • Political Influence and Corporate Strategies
  • finance, banking, and market dynamics
  • Banking stability, regulation, efficiency
  • Corporate Taxation and Avoidance
  • Health and Well-being Studies
  • Advanced Decision-Making Techniques
  • Economic theories and models
  • Global Financial Crisis and Policies
  • Risk Management in Financial Firms
  • Resilience and Mental Health
  • Financial Literacy, Pension, Retirement Analysis
  • State Capitalism and Financial Governance
  • Forest Management and Policy
  • Evaluation and Optimization Models
  • Human Resource and Talent Management
  • COVID-19 and Mental Health
  • Corporate Social Responsibility Reporting
  • Gender Diversity and Inequality
  • Mental Health Treatment and Access
  • Health, psychology, and well-being
  • Healthcare professionals’ stress and burnout

National Clinical Research
2020-2025

University of Colorado Colorado Springs
2024

University of Southern Indiana
2021-2023

Central University of Finance and Economics
2022

Bemidji State University
2019-2021

Sichuan University
2020

Chongqing City Mental Health Center
2020

Hebei Finance University
2013

Shenyang Medical College
2009

10.1016/j.frl.2021.101988 article EN Finance research letters 2021-02-21

Background: The purpose of this study was to investigate the psychological status general population in mainland China during outbreak coronavirus disease 2019 (COVID-19), and explore factors influencing distress, order provide basis for further intervention programs.Methods: We administered three questionnaires on-line a convenience sample from different regions February 1 4, 2020. used Mandarin versions six-item Kessler distress scale (K6), Simplified Coping Style Questionnaire (SCSQ),...

10.2139/ssrn.3556633 article EN SSRN Electronic Journal 2020-01-01

Purpose The purpose of this paper is to identify the relation between cash flow volatility and trade credit offered by firms in developing Asian economies. Design/methodology/approach study conducts country fixed effect regressions testing relationship firm investment credit. then examined with all separated into two groups based on size, again comparing before after 2008 finasncial crisis. Findings Higher levels are negatively related amount offered. negative greater amongst smaller that...

10.1108/ijmf-02-2018-0062 article EN International Journal of Managerial Finance 2019-03-01

Purpose The purpose of this study is to examine the relationships between chief executive officers (CEOs) with military service and firm dividend cash holding decisions. Design/methodology/approach authors use a sample Standard Poor's (S&P) 1500 firms in USA over period from 1999 2017 panel data approach, as well instrumental variable (IV)analysis. models control for characteristics industry year-fixed effects. Findings results show CEOs are associated higher total payout less cash....

10.1108/ijmf-08-2022-0355 article EN International Journal of Managerial Finance 2023-09-25

Purpose The purpose of this study is to examine the relationship between independent director military service and monitoring effectiveness, focusing on chief executive officer (CEO) compensation. Design/methodology/approach authors identify directors with experience using BoardEx data. focus level CEO methods used include panel data estimation, propensity score matching analysis instrumental variable analysis. Findings find more powerful CEOs are likely appoint past board. Boards a larger...

10.1108/ijmf-06-2020-0304 article EN International Journal of Managerial Finance 2020-09-17

Abstract In this article, we examine the relation between independent directors with past military service and merger activity. We find that firms a greater proportion of experience complete fewer mergers, deals are smaller value. Our results robust to instrumental variable estimation. The reduction in acquisition activity is concentrated weak CEOs, suggesting do not improve firm agency problems.

10.1111/jfir.12401 article EN The Journal of Financial Research 2024-04-26

Purpose The purpose of this paper is to identify whether the rise in intangible asset investment related trade credit and relationship driven by financial constraint other firm factors. Design/methodology/approach study conducts fixed effect regressions testing between levels. further examined for all firms based on product type, sales growth. Findings There a negative level assets as proportion total assets. This largely explained industries that traditionally utilize more credit, with...

10.1108/mf-07-2020-0372 article EN Managerial Finance 2021-04-28

Purpose The purpose of this paper is to identify whether negative operating cash flows are related investment inefficiency, and specifically they subsequent overinvestment if relationship driven by agency problems within the firm. Design/methodology/approach study conducts fixed effect regressions, testing between firm’s inefficiency. further examined for all firms based on size, corporate governance holdings – which problems. Findings proportion reporting has been increasing over time...

10.1108/mf-06-2020-0300 article EN Managerial Finance 2021-05-18

Previous studies show that economic policy uncertainty has been rising steadily since the 1960s (Baker et al. 2014), and this secular increase led to harmful outcomes such as reduced investment rates (Gulen Ion 2016). Other find politically connected directors play a unique role in corporate decision making firm valuation (Goldman, Rocholl, So 2009). We combine these two lines of research examine ability experienced (PEDs) mitigate effects uncertainty. Our results presence at least one PED...

10.2139/ssrn.4391847 article EN SSRN Electronic Journal 2023-01-01

We examine whether information manipulation by firms may reflect fundamental cooperation conventions induced social norms in China. Consistent with this notion, we find that China’s leading related to alcohol consumption and drinking enhance earnings manipulation. An analysis of toxic scandals supports a causal interpretation. Further evidence suggests the influence come from negative externality it creates, which is propagated corporate leaders can be attenuated only government campaigns...

10.2139/ssrn.4143966 article EN SSRN Electronic Journal 2022-01-01

Purpose Studies on corporate boards examine how social ties between the CEO and independent board members affect effectiveness of monitoring. Much evidence suggests that connections directors are associated with inadequate monitoring lower firm value (Hwang Kim, 2009; Fracassi Tate, 2012). In this study, authors note different nature thus should not be treated as a homogeneous group; is, among can quite from directors, which is primary focus previous studies. Design/methodology/approach The...

10.1108/ijmf-01-2021-0049 article EN International Journal of Managerial Finance 2021-08-16
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