Selected Publications

MAIN PUBLICATIONS (UTD24/FT50 JOURNALS) 

1. "Customer Concentration and Suppliers’ Blockchain Technology Adoption: Evidence from China" with Chaofan Li, Qiliang Liu, Wenming Wang, and Pin Zhou Production and Operations Management (2025) 

2.  “Do government subsidies affect income smoothing?” with Alice Xu, Kostas Pappas and Martin Walker Contemporary Accounting Research (2024)

3. “Contagious stock price crashes along the supply chain”, with Buhui Qiu, Andy C.L. Yeung, and Fangming Xu  Production and Operations Management  (2024)

4.  “Corporate tax benefits from politicians' hometown”, with Agnes Cheng, Chunfang Cao, Changyuan Xia and Jing Xie The Accounting Review (2023)

5.  "Does public firms’ mandatory IFRS reporting crowd out private firms’ capital investment?", with Jiancheng Liu, Wei Shi, and Guochang Zhang  Journal of Accounting Research (2023) 

6. “Ending at the wrong time: The financial reporting consequences of a uniform fiscal year-end” with Zhe Li, Kangtao Ye, and Bo Zhang  The Accounting Review (2022)

7.  "The unintended consequence of land finance: evidence from corporate tax avoidance" with Tao Chen, Youchao Tan and Jinghua Wang. Management Science (2021)

8.  “Population ageing, labour market rigidity and corporate innovation: Evidence from China ” with Hanwen Sun, Youchao Tan and Xiumei Liu. Research Policy (2021) 

9.  "Do Chinese government subsidies affect firm value?" with Edward Lee and Martin Walker. Accounting, Organizations and Society, 39(3), (2014), 149-169. 

   • • PhD thesis paper

     • Cited by: The Wall Street Journal and Asian Development Bank

OTHER PUBLICATIONS 

10. “Peer Effects of Star-Analysts' Departure: New Evidence from China”, with Zhifan Tian, Chaofan Li and Yi Wu, Journal of Corporate Finance (2025)

11.  “Divisional Managers and Corporate Disclosure Quality ”, with Nancy Su, Jason Gong and Fujing Xue, Journal of Business Finance & Accounting (2025)

12. "Do Politically Connected Subsidy-Receiving Firms Disclose Less Subsidy Information? ", with Ningzhong Li and Youchao Tan Journal of Business Finance & Accounting (2024)

13. "Covenants in convertible bonds" with Marie Dutordoir, Alice Xu and Kostas Pappas. Journal of Corporate Finance (2023)

14. "Do insiders trade on government subsidies?", with Hanwen Sun and Kangtao Ye. Journal of Accounting and Public Policy (2022) 

15.  "Free cash flows and price momentum” with Fangming Xu, Liyi Zheng and Jiajia Fu. Journal of Accounting, Auditing and Finance (2022) 

16. “Bank deregulation and stock price crash risk”, with Viet Dang, Edward Lee and Yangke Liu. Journal of Corporate Finance (2021) 

17. "Diversity and inclusion: Evidence from corporate inventors"  with Chunfang Cao, Xiaoyang Li, Fiona Li, and Xuan Zhou. Journal of Empirical Finance (2021) 

18. "Do banks price their production process failures? Evidence from product recalls" with Michel Magnan, Shafu Zhang and Yetaotao Qiu Journal of Banking & Finance (2021) 

19. "What's in a name? The valuation effect of directors' sharing of surnames" with Youchao Tan, Jason Xiao and Hong Zou. Journal of Banking & Finance, 122,  (2020) 

20. "China's “mercantilist” government subsidies, the cost of debt and firm performance" with Chu Yeong Lim and Jiwei Wang. Journal of Banking & Finance, 86, (2018), 37-52.  

    • • Cited by: Organisation for Economic Co-operation and Development (OECD)

21. "Corporate debt maturity and stock price crash risk" with Viet Dang, Edward Lee and Yangke Liu. European Financial Management, 24(3), (2018), 451-484. 

22. "Do Chinese state subsidies affect voluntary corporate social responsibility disclosure?" with Edward Lee and Martin Walker. Journal of Accounting and Public Policy, 36(3), (2017), 179-200. 

23. "Do economic incentives of controlling shareholders influence corporate social responsibility disclosure? A natural experiment" with Weixing Cai, Edward Lee and Liang Xu. The International Journal of Accounting, 52(3), (2017), 238-250. 

24. "Does political pressure matter in bank lending? Evidence from China" with Weixing Cai and Fangming Xu. Financial Markets, Institutions & Instruments, 26(5), 249-277.

25. "Geographical diversification and bank performance: Evidence from China” with Weixing Cai and Fangming Xu. Economics Letters, 147 (2016), 96-98.

26. "Incentives or standards: What determines accounting quality changes around IFRS adoption?" with Hans Christensen, Edward Lee, and Martin Walker. European Accounting Review, 24(1), (2015), 31-61.

    • • EAR most read article (all time)

      • Google Scholar Citation (as of June 2025): 1,077

      • SSRN download (as of June 2025): 8,985