- Stochastic processes and financial applications
- Financial Markets and Investment Strategies
- Housing Market and Economics
- Banking stability, regulation, efficiency
- Corporate Finance and Governance
- Financial Literacy, Pension, Retirement Analysis
- Market Dynamics and Volatility
- Economic theories and models
- Plant Water Relations and Carbon Dynamics
- Monetary Policy and Economic Impact
- Insurance and Financial Risk Management
- Credit Risk and Financial Regulations
- Microfinance and Financial Inclusion
- Insurance, Mortality, Demography, Risk Management
- Financial Risk and Volatility Modeling
- Corporate Social Responsibility Reporting
- FinTech, Crowdfunding, Digital Finance
- Auditing, Earnings Management, Governance
- Risk and Portfolio Optimization
- Financial Reporting and Valuation Research
- Soil Carbon and Nitrogen Dynamics
- Stock Market Forecasting Methods
- Islamic Finance and Banking Studies
- Remote Sensing in Agriculture
- Housing, Finance, and Neoliberalism
Capital University of Economics and Business
2023-2024
University of International Business and Economics
2014-2023
Zhejiang Ocean University
2022
Institute of Finance and Banking
2020
East China Jiaotong University
2016
Institute of Geographic Sciences and Natural Resources Research
2008-2014
Chinese Academy of Sciences
2008-2014
Northeastern University
2012
University of Chinese Academy of Sciences
2011
Changjiang Institute of Survey, Planning, Design and Research
2011
We study how sharing a hometown or college connection with an incumbent member of China’s Politburo affects candidate’s likelihood selection as new member. In specifications that include fixed effects to absorb quality differences across cities and colleges, we find connections are each associated 5–9 percentage point reductions in probability. This “connections penalty” is equally strong for retiring members, arguing against quota-based explanations, it much stronger junior consistent role...
The development of high-performance polymer membranes has sparked a lot attention in recent years. Polymer blending is potential method modification. A limitation, however, the compatibility blends at molecular level. In this investigation, polyethersulfone/polyetherimide hollow fiber were prepared by solution method. Compatibility, hydrogen bonding, crystallinity, microstructure, hydrophilicity, mechanical properties, and transmissibility blended also characterized. bonding action two...
Abstract We construct a measure of dispersion in beliefs among individual investors. find that negatively predicts future cross‐sectional stock returns, and it is positively related to trading volume volatility. also illiquidity does not affect the significance predicting return, negative disagreement‐return relation significant under high‐sentiment periods but becomes insignificant low‐sentiment periods. Moreover, investor characteristics their even when controlling firm fundamentals. In...
This article examines the market discounts and announcement effects of private equity placements in China. We find that, on average, Chinese firms have about 30% for placements, which is higher number than those US firms. Firms experience positive such are positively related with discounts.
Real estate bubbles can increase collateral value, thus relaxing financial constraints, which might spur innovation. However, they also crowd out R&D expenditures, stifling corporate This paper shows that real prices negatively affect both and patents in China, suggesting a strong crowding effect. We further provide suggestive evidence managerial myopia partly account for the Our study illustrates innovation cost of booming market.
Abstract We test the effectiveness of corporate fraud‐detection mechanisms and reaction capital market to information released by various types detectors. Using fraud data from 2006 2015, we find that media is most important external system used expose public. However, in contrast low incidents fraudulent firms being exposed analysts short sellers, with abnormal selling are more likely be revealed Furthermore, reacts significantly negatively frauds media.
This study examines the impact of air pollution on a firm's adherence to principles corporate social responsibility (CSR), and role human capital in this relationship. Basing our analysis sample listed companies China between 2014 2017, we employ regression discontinuity design (RDD) two-stage instrumental variable method (IV-2SLS) determining that has significant, negative CSR performance. relationship is more pronounced are subject mandatory disclosure requirements, compared those required...
SUMMARY A longitudinal investigation on natural populations of Ascaris in humans and pigs an soil contamination with eggs were carried out from June 1993 to 1994 2 villages, Manhu area, Xinjian County, Jiangxi Province, China. Results these studies indicate that although human ascariasis is endemic there significant fluctuation both prevalence the mean number eggs/g faeces (epg) communities. Fluctuation age-stratified epg was detected children but not most adult groups. Most cases judged...
Abstract This paper investigates whether air quality affects corporate investment. Using a sample of Chinese A‐share listed firms from 2007 to 2013, this finds that poor is negatively associated with investment and reduction due pollution intensifies manager risk aversion. In addition, provides evidence against the alternative explanation decreases government air‐quality regulations. Furthermore, also suggests efficiency. These findings complement existing literature on how weather...
In this paper, the compatibility of polyetherimide (PEI) with different contents as a high-performance copolymer and polyvinylidene fluoride (PVDF) was studied, 5%-20% PEI prepared by non-solvent-induced phase inversion method. The PVDF evaluated analyzing physical structure properties blend membrane, microstructure, glass transition temperature Tg, enthalpy, mechanism polymer enthalpy change. results show that membranes have -NH C=O-N binding energies at X-ray photoelectron spectroscopy...