Department of Finance, Accounting and Economics

Research output

Research output per year 2009 2021 2022 2023 2024

• 3895 Scopus Citations
• 33 h-index
• 304 Article
• 19 Book Chapter
• 12 Conference contribution
• 6 Review article
• 14 More
  • 4 Book
  • 4 Working paper
  • 2 Poster
  • 2 Editorial
  • 1 Commissioned report
  • 1 Paper

Research output per year

Research output per year

Search results

• 2023

  Examining how government subsidies influence firms’ circular supply chain management: The role of eco-innovation and top management team

  Li, M., Cao, G., Cui, L., Liu, X. & Dai, J., Jul 2023, In: International Journal of Production Economics. 261, 108893.

  Research output: Journal Publication › Article › peer-review

  • Eco-innovation 100%
  • Supply chain management 98%
  • Government Subsidies 92%
  • Top Management Teams 88%
  • Innovation Management 81%
  10 Citations (Scopus)

• Examining pedestrians’ trust in automated vehicles based on attributes of trust: A qualitative study

  Zhou, S., Sun, X., Wang, Q., Liu, B. & Burnett, G., May 2023, In: Applied Ergonomics. 109, 103997.

  Research output: Journal Publication › Article › peer-review

  • Pedestrians 100%
  • pedestrian 88%
  • automation 77%
  • Automation 56%
  • trustworthiness 55%
  3 Citations (Scopus)

• Female venture capitalists on boards and firm innovation in China

  Fan, J., Hua, X., Wang, M. & Wang, Y., 2023, (Accepted/In press) In: European Journal of Finance.

  Research output: Journal Publication › Article › peer-review

  • Venture Capitalists 100%
  • Innovation 67%
  • China 45%
  • Managerial Myopia 36%
  • Resource Commitment 31%

• Financial uncertainty and stock market volatility

  Jiang, Y., Liu, X. & Lu, Z., 28 Aug 2023, In: European Financial Management.

  Research output: Journal Publication › Article › peer-review

  • Stock Market Volatility 100%
  • Uncertainty 49%
  • Volatility Components 24%
  • Time Variation 19%
  • Financial Variables 18%

• Forecasting stock return volatility: Realized volatility-type or duration-based estimators

  Fei, T., Liu, X. & Wen, C., Nov 2023, In: Journal of Forecasting. 42, 7, p. 1594-1621 28 p.

  Research output: Journal Publication › Article › peer-review

  • Realized Volatility 100%
  • Stock Returns 90%
  • Stock Return Volatility 77%
  • Forecasting 69%
  • Volatility 68%

• Growth versus equity: the effects of centralized fiscal transfers on Chinese provinces

  Ong, K., Matthews, K. & Wang, B., 2023, In: Regional Studies. 57, 11, p. 2307-2322 16 p.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • equity 100%
  • province 56%
  • vector autoregression 42%
  • regression 22%
  • effect 20%

• How does policy uncertainty affect venture capital?

  Tian, X., Wang, C. Y. & Ye, K., 22 Sept 2023, In: Review of Corporate Finance Studies.

  Research output: Journal Publication › Article › peer-review

  • Policy Uncertainty 100%
  • Venture Capital 74%
  • Capital Investment 46%
  • Illiquidity 15%
  • Elections 12%

• Innovation under debtor-friendly institutional policy: Strategic patenting perspective of Chinese listed firms

  Park, J., Choi, B. & Huang, W., Oct 2023, In: International Review of Financial Analysis. 89, 102719.

  Research output: Journal Publication › Article › peer-review

  • Patenting 100%
  • Patents 95%
  • Innovation 68%
  • Debt Financing 34%
  • Creditor Rights 21%
  2 Citations (Scopus)

• Intraday VaR: A copula-based approach

  Wang, K., Liu, X. & Ye, W., Dec 2023, In: Journal of Empirical Finance. 74, 101419.

  Research output: Journal Publication › Article › peer-review

  • Value at Risk 100%
  • Copula 59%
  • Monte Carlo Simulation 14%
  • Intraday Pattern 13%
  • Copula Function 12%

• Intraday VaR: A copula-based approach

  Liu, X., Dec 2023, In: Journal of Empirical Finance. 74

  Research output: Journal Publication › Article

• Large covariance estimation using a factor model with common and group-specific factors

  Yafeng, S., Chunrong, A., Shi, Y., Tingting, Y. & Qunfang, X., Dec 2023, In: Journal of Forecasting. 42, 8, p. 2217-2248 32 p.

  Research output: Journal Publication › Article › peer-review

  • Covariance Estimation 100%
  • Factor Models 88%
  • Specific Factors 73%
  • Covariance matrix 71%
  • Estimator 55%

• Large covariance estimation using a factor model with common and group-specific factors

  Ying, T., Dec 2023, In: Journal of Forecasting. 42, p. 217 - 2248

  Research output: Journal Publication › Article

• Mutual fund herding and audit pricing

  Ge, Y., Hung, S., Huang, W., Qiao, Z. & Deng, X., Jan 2023, In: Research in International Business and Finance. 64, 101904.

  Research output: Journal Publication › Article › peer-review

  • Audit Pricing 100%
  • Herding 93%
  • Mutual Funds 68%
  • Endogeneity 23%
  • SEC Regulation 23%
  4 Citations (Scopus)

• Neither true nor fairweather friend: relationship banking and SME borrowing under Covid-19

  Zhao, T., Matthews, K. & Munday, M., 2023, In: European Journal of Finance. 29, 16, p. 1957-1974 18 p.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • Small and Medium-sized Enterprises (SMEs) 100%
  • Relationship Banking 93%
  • Borrowing 62%
  • Public Intervention 21%
  • Bankers 19%
  2 Citations (Scopus)

• No place like home: Do local CEOs invest in labor more efficiently?

  Cao, Z., Tong, Y. & Tian, Y., 7 Aug 2023, In: Corporate Governance: An International Review.

  Research output: Journal Publication › Article › peer-review

  • Chief Executive Officer 100%
  • Personnel 96%
  • Labor 82%
  • Corporate Governance 56%
  • Locality 53%
  1 Citation (Scopus)

• Place attachment, audit pricing and audit quality

  Yuan, S., Zhang, W. & Zhu, K., Aug 2023, In: Journal of Contemporary Accounting and Economics. 19, 2, 100365.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • Audit Pricing 100%
  • Place Attachment 95%
  • Audit Quality 77%
  • Auditors 59%
  • Auditing 32%

• Public governance and executive perks under a weak corporate governance environment

  Huang, W., Li, Z., Qin, Y. & Yuan, S., Jun 2023, In: European Financial Management. 29, 3, p. 764-798 35 p.

  Research output: Journal Publication › Article › peer-review

  • State-owned Enterprises 100%
  • Corporate Governance 93%
  • Governance Environment 85%
  • Public Governance 84%
  • Central Government 62%
  1 Citation (Scopus)

• Put on the light! Foreign direct investment, governance and access to electricity

  Aluko, O. A., Opoku, E. E. O., Ibrahim, M. & Kufuor, N., Mar 2023, In: Energy Economics. 119, 106563.

  Research output: Journal Publication › Article › peer-review

  • Foreign Direct Investment 100%
  • Electricity 53%
  • Governance 44%
  • Financial Resources 23%
  • Instrumental Variables 21%
  10 Citations (Scopus)

• State of the Art Overview Wearable Biohazard Gas Sensors Based on Nanosheets for Environment Monitoring Applications

  Wang, Q., Dec 2023, In: Trends in Environmental Analytical Chemistry. 40

  Research output: Journal Publication › Article

• Sub-Saharan Africa’s Tragedy: Resource Curse, Democracy and Income Inequality

  Acheampong, A. O., Dzator, J., Abunyewah, M., Erdiaw-Kwasie, M. O. & Opoku, E. E. O., Aug 2023, In: Social Indicators Research. 168, 1-3, p. 471-509 39 p.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • Democracy 100%
  • Sub-Saharan Africa 73%
  • Curse 70%
  • Africa South of the Sahara 67%
  • Natural Resources 55%
  4 Citations (Scopus)

• Synergistic Effect of Hydrothermal Pretreatment and Addition of Oyster Shell on Dark Fermentation of Food Waste and Kinetic Evaluation with Multiple Models

  Wei, Y., Wang, X., Shi, Z., Yuan, S., Yuan, H. & Li, X., Apr 2023, In: Waste and Biomass Valorization. 14, 4, p. 1305-1317 13 p.

  Research output: Journal Publication › Article › peer-review

  • Food waste 100%
  • food waste 73%
  • Fermentation 71%
  • fermentation 59%
  • shell 50%

• The appropriate level of financial inclusion: The perspective of financial stability

  Hua, X., Bi, J. & Shi, H., Sept 2023, In: China Economic Quarterly International. 3, 3, p. 167-178 12 p.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • Financial Inclusion 100%
  • Financial Stability 85%
  • financial crisis 62%
  • inclusion 57%
  • IMF 55%
  1 Citation (Scopus)

• The crowding-out effects of innovation information disclosure on peers' innovation: Evidence from innovation-driven M&As in China

  Cao, Z., Hua, C., Tong, Y. & Wang, X., 16 Aug 2023, In: Accounting and Finance.

  Research output: Journal Publication › Article › peer-review

  • Crowding-out Effect 100%
  • Information Disclosure 85%
  • Mergers and Acquisitions 72%
  • Peers 67%
  • Innovation 58%

• The effect of CEO locality on the cost of debt financing: The role of regional heterogeneity

  Cao, Z., Tong, Y. & Tian, Y., 10 Nov 2023, In: Regional Studies.

  Research output: Journal Publication › Article › peer-review

  • debt 100%
  • chief executive 90%
  • financing 85%
  • indebtedness 74%
  • firm 49%

• The effect of real earnings smoothing on corporate labour investment

  Cao, Z., Rees, W. & Zhang, Z., 29 Nov 2023, In: British Accounting Review. 55, 6, 101178.

  Research output: Journal Publication › Article › peer-review

  • Earnings Smoothing 100%
  • Investment Efficiency 52%
  • Labor 41%
  • Equity 12%
  • Incentives 11%
  1 Citation (Scopus)

• The impact of financial reporting flexibility on auditor risk judgement: Evidence from the implementation of FIN 46R

  Chen, C., Leung, W. S. C., Tao, X. & Wang, H., 1 May 2023, In: Journal of Accounting and Public Policy. 42, 3, 107084.

  Research output: Journal Publication › Article › peer-review

  • audit 100%
  • Financial Reporting 94%
  • Auditors 86%
  • flexibility 80%
  • Reporting Discretion 67%

• The political economy of energy transition: The role of globalization and governance in the adoption of clean cooking fuels and technologies

  Acheampong, A. O., Opoku, E. E. O. & Dogah, K. E., Jan 2023, In: Technological Forecasting and Social Change. 186, 122156.

  Research output: Journal Publication › Article › peer-review

  • Energy Transition 100%
  • Internationality 97%
  • Cooking 90%
  • Political Economy 66%
  • political economy 63%
  27 Citations (Scopus)

• The roadmap to net-zero emission: Do geopolitical risk and energy transition matter?

  Acheampong, A. O., Opoku, E. E. O. & Aluko, O. A., Nov 2023, In: Journal of Public Affairs. 23, 4, e2882.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • energy 100%
  • renewable energy 88%
  • energy consumption 75%
  • climate change 35%
  • econometrics 23%
  4 Citations (Scopus)

• The value of family social capital in informal financial markets: Evidence from China

  Li, W. & Hua, X., Feb 2023, In: Pacific Basin Finance Journal. 77, 101922.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • Informal Financial Market 100%
  • Social Capital 72%
  • Risk Preferences 36%
  • Endogeneity 33%
  • China 29%
  4 Citations (Scopus)

• Trade credit provision and stock price crash risk

  Wang, M., Goodell, J. W., Huang, W. & Jiang, Y., Nov 2023, In: International Review of Financial Analysis. 90, 102908.

  Research output: Journal Publication › Article › peer-review

  • Trade Credit 100%
  • Crash 92%
  • Stock Prices 70%
  • Credit 33%
  • Emerging Markets 28%
  2 Citations (Scopus)

• Trade credit provision and stock price crash risk

  Huang, W., Nov 2023, In: International Review of Financial Analysis. 90

  Research output: Journal Publication › Article

• Trade openness and inflation dynamics in ECOWAS countries: An empirical investigation

  Darkwah, F., Sakyi, D. & Opoku, E. E. O., 26 Nov 2023, In: The Journal of International Trade & Economic Development.

  Research output: Journal Publication › Article › peer-review

  • ECOWAS Countries 100%
  • Inflation Dynamics 74%
  • Trade Openness 61%
  • Empirical Investigation 48%
  • Inflation 40%

• Understanding regional price convergence clubs in China

  Glushenkova, M., 18 Oct 2023, (Accepted/In press) In: Economic Development and Cultural Change.

  Research output: Journal Publication › Article › peer-review

  • Convergence Clubs 100%
  • Price Convergence 97%
  • goods 75%
  • clubs 74%
  • price 57%

• Visualising emotion in support of patient-physician communication: an empirical study

  Ma, H., Sun, X., Lawson, G., Wang, Q. & Zhang, Y., 2023, In: Behaviour and Information Technology. 42, 11, p. 1782-1800 19 p.

  Research output: Journal Publication › Article › peer-review

  Open Access

  • Physician-patient Communication 100%
  • Empirical Study 55%
  • Visualization 55%
  • visualization 51%
  • Emotions 43%
  2 Citations (Scopus)

• When do they trade? Heterogeneous investors in China

  Qiu, J., Huang, W. & Jiang, Y., 1 Jun 2023, In: Finance Research Letters. 8 p.

  Research output: Journal Publication › Article › peer-review

  • Retail Investors 100%
  • Clientele 95%
  • Investors 92%
  • Chinese Stock Market 90%
  • Reversal 40%

• Who pays buyers for not disclosing supplier lists? Unlocking the relationship between supply chain transparency and trade credit

  Wang, Y., Liu, B., Chan, H. K. & Zhang, T., Jan 2023, In: Journal of Business Research. 155, 113404.

  Research output: Journal Publication › Article › peer-review

  • Buyers 100%
  • Trade Credit 98%
  • Transparency 91%
  • Supply Chain 51%
  • Suppliers 50%
  9 Citations (Scopus)

• 产业政策与“专精特新”企业全要素生产率

  Xia, Q. & Cao, M., 2023, In: 外国经济与管理. 45, 10, p. 84-100

  Research output: Journal Publication › Article › peer-review
• 2022

  A two-stage Bayesian network model for corporate bankruptcy prediction

  Cao, Y., Liu, X., Zhai, J. & Hua, S., Jan 2022, In: International Journal of Finance and Economics. 27, 1, p. 455-472 18 p.

  Research output: Journal Publication › Article › peer-review

  Open Access

  File

  • Bayesian Networks 100%
  • Bankruptcy Prediction 88%
  • Network Model 66%
  • Shrinkage 52%
  • Operator 35%
  17 Citations (Scopus)

  74 Downloads (Pure)

• Benefits of the implementation of Supply Chain Finance^z,1

  Pei, Q., Chan, H. K., Zhang, T. & Li, Y., 28 Feb 2022, (Published Online) In: Annals of Operations Research. 331, 1, p. 251-283 33 p.

  Research output: Journal Publication › Article › peer-review

  • Finance 100%
  • Supply Chain 64%
  • Time Perspective 19%
  • Working Capital Management 19%
  • State-owned Enterprises 11%
  2 Citations (Scopus)

• Board Political Superiority and firm performance variability

  Wang, Q. & Zhang, X., 16 Jun 2022, (Published Online) In: European Journal of Finance. 29, 8, p. 919-948 30 p.

  Research output: Journal Publication › Article › peer-review

  • Stock Performance 100%
  • Firm Performance 94%
  • Chief Executive Officer 63%
  • Endogeneity Bias 53%
  • Accounting Performance 53%

• CEO foreign experience and corporate sustainable development: Evidence from China

  Wang, Y., Qiu, Y. & Luo, Y., 10 Feb 2022, (Published Online) In: Business Strategy and the Environment. 31, 5, p. 2036-2051 16 p.

  Research output: Journal Publication › Article › peer-review

  • firm 100%
  • Green Innovation 88%
  • sustainable development 86%
  • Chief Executive Officer 80%
  • Sustainable Development 76%
  33 Citations (Scopus)

• CEO Sports Hobby and Firms’ Tax Aggressiveness

  Luo, S., Shevlin, T., Shi, L. & Shih, A., Jan 2022, In: Journal of the American Taxation Association. 44, 1, p. 123-153 31 p.

  Research output: Journal Publication › Article › peer-review

  • Sports 100%
  • Chief Executive Officer 89%
  • Tax 73%
  • Tax Planning 50%
  • Risk Taking 25%
  3 Citations (Scopus)

• Chinese cross-border acquisitions: stylised facts and new directions

  Hu, S., Gunessee, S. & Liu, C., 2022, (Accepted/In press) In: International Journal of Emerging Markets.

  Research output: Journal Publication › Article › peer-review

  • Cross-border Mergers and Acquisitions 100%
  • Cross-border Acquisitions 99%
  • Stylized Facts 77%
  • Multinational Enterprises (MNEs) 51%
  • Chinese multinationals 46%
  1 Citation (Scopus)

• Contribution games with asymmetric agents

  Yu, Z., 2022, In: Journal of Mathematical Economics. 102, 102724.

  Research output: Journal Publication › Article › peer-review

  • Deadline 100%
  • Game 59%
  • Reward 41%
  • Two Dimensions 32%
  • Influence 28%

• Controlled Currency Regime and Pricing of Exchange Rate Risk: Evidence From China

  Hua, X., Huang, W. & Jiang, Y., Jan 2022, In: Journal of Accounting, Auditing and Finance. 37, 1, p. 39-76 38 p.

  Research output: Journal Publication › Article › peer-review

  • Currency Regime 100%
  • Exchange Rate Risk 82%
  • Floating 62%
  • Pricing 43%
  • China 33%
  1 Citation (Scopus)

• Controlling shareholder pledging and corporate ESG behavior

  Huang, W., Luo, Y., Wang, X. & Xiao, L., Oct 2022, In: Research in International Business and Finance. 61, 101655.

  Research output: Journal Publication › Article › peer-review

  • Controlling Shareholders 100%
  • Governance 59%
  • External Monitoring 39%
  • Disclosure Quality 36%
  • High-tech Firms 33%
  33 Citations (Scopus)

• Credit constraints and college attendance

  Cao, M. & Xia, Q., 17 Jun 2022, In: Applied Economics. 55, 4, p. 432-446 15 p.

  Research output: Journal Publication › Article › peer-review

  • Credit Constraints 100%
  • Attendance 88%
  • Equity 62%
  • Housing Wealth 37%
  • Housing Supply 35%

• Do banks price production process failures? Evidence from product recalls

  Zhang, S., Magnan, M., Qiu, Y. & Zeng, C. C., Feb 2022, In: Journal of Banking and Finance. 135, 106366.

  Research output: Journal Publication › Article › peer-review

  • Product Recall 100%
  • Production Process 62%
  • Bank Financing 24%
  • Bank Loans 19%
  • Loan Pricing 13%
  6 Citations (Scopus)

• Does business strategy influence interfirm financing? Evidence from trade credit

  Cao, Z., Chen, S. X. & Lee, E., Mar 2022, In: Journal of Business Research. 141, p. 495-511 17 p.

  Research output: Journal Publication › Article › peer-review

  • Trade Credit 100%
  • Business Strategy 74%
  • Financing 63%
  • Bank Credit 32%
  • Credit Supply 18%
  23 Citations (Scopus)

• Does democracy really improve environmental quality? Empirical contribution to the environmental politics debate

  Acheampong, A. O., Opoku, E. E. O. & Dzator, J., May 2022, In: Energy Economics. 109, 105942.

  Research output: Journal Publication › Article › peer-review

  • Environmental Politics 100%
  • Weathering 73%
  • Environmental Quality 62%
  • Democracy 59%
  • CO2 Emissions 34%
  34 Citations (Scopus)