Assistant Professor in Finance
- Ph.D in Finance, Nanyang Technological University, 2018
- B.Sc. in Mathematics, Nanyang Technological University, 2013
- Assistant Professor in Finance, Faculty of Business Administration, University of Macau, (2019 – Present)
- Empirical Corporate Finance, Corporate Social and Environmental Responsibility, Sustainable Finance
- Chinese Economy
- Corporate Disclosure
- FinTech
- Ru, H., Yang, E., Zou, K. (2024). Early-Life Experience and CEOs’ Reactions to COVID-19. Journal of Accounting and Economics, 101734. (UTD24, ABS4*, FT50)
- *Ru, H., Yang, E. (2024). Government Credit and International Trade. Journal of Financial and Quantitative Analysis, forthcoming. (FT50, ABS4)
- Yuan, L., Chen, X., Yang, E. (2024). Riding the Climate Surge: How Climate Change Dynamics Drives Green Innovation—Evidence from China. Organization & Environment, forthcoming. (ABS3)
- Chang, X., Chen, Y., Fu, K., Yang, E. (2024). Institutional investor horizons, information environment, and firm financing decisions. Journal of Contemporary Accounting and Economics, 20(1), 100397. (ABS2)
- Huang, B., Yang, E., Zhang, Y. (2023). Board Surname Sharing and Investment Efficiency: Evidence from Chinese State-owned Enterprises. Corporate Governance: An International Review, 31(4), 597-624. (ABS3)
- Ru, H., Yang, E., Zou, K. (2021). Combating the COVID-19 pandemic: The role of the SARS imprint. Management Science, 67(9), 5606-5615. (Podcast of INFORMS (Institute for Operations Research and the Management Sciences)) (UTD24, ABS4*, FT50)
- Si, Y., Xia, C., Yang, E. (2019). The bright side of investor sentiment: evidence from real activities manipulation. Asia-Pacific Journal of Accounting & Economics, 27(3), 327–351. (ABS2)
- “Corporate Taxes and Corporate Social Responsibility” (with Xin Chang, Yaling Jin, and Wenrui Zhang), Revise and Resubmit at the Journal of Corporate Finance. (ABS4)
- “Financialization in the Cryptocurrency Market” (with Xingjian Jiang, Wenjin Kang, and Ke Tang), 2024, Working paper.
- “The Effects of Environmental Policy on Industrial Pollution: A Supply Chain Perspective” (with Hong Ru and Kunru Zou), 2024, Working paper.
- “Stock Liquidity and Corporate Social Responsibility” (with Xin Chang, Weiqiang Tan, and Wenrui Zhang), 2022, Working paper.
- Incentive Scheme for Outstanding Academic Staff, University of Macau, 2022/2023
- Dean’s Award for Research Excellence, University of Macau, 2021/2022
- Outstanding Contribution in Reviewing for Pacific-Basin Finance Journal, 2018
- Excellent Graduate Student Teacher Award, Nanyang Business School, 2016
- AFA Doctoral Student Travel Grant, 2016
- Nanyang President’s Graduate Scholarship, Nanyang Technological University, 2013–2017
- Lee Kuan Yew Gold Medal, Nanyang Technological University, 2013
- Principal Investigator, NSFC Young Scientists Fund, “Government Credit and Firm Environmental Performance: Mechanisms, Consequences and Spillover Effects”, Natural Science Foundation of China, 2024–
- Principal Investigator, Multi-year Research Grant, “The impacts of stock liquidity on firms’ environmental policies and sustainability”, University of Macau, 2024–
- Principal Investigator, Multi-year Research Grant, “The impacts of corporate cultures on firms’ investment and financing policies – The social identity perspective”, University of Macau, 2023–
- Principal Investigator, Multi-year Research Grant, “Political Corruption, Corporate Social Responsibility, and Sustainability”, University of Macau, 2022–
- Principal Investigator, Start-up Research Grant, “Determinants of firms’ stakeholder orientations and corporate social responsibility”, University of Macau, 2019–2021.
- Co-investigator, Multi-year Research Grant, “Impact of Transaction Costs on Investment Strategies and Asset Prices in Equilibrium”, University of Macau, 2023–
- Co-investigator, NSFC General Grant, “The Economic Value of Technological Innovation: Measurement, Determinants, and Economic Consequences”, Natural Science Foundation of China, 2021–2024.
- Co-investigator, General Research Fund (GRF), “Do ‘cov-lite’ loans improve firms’ investment flexibility? Evidence from corporate innovation”, Research Grants Council of Hong Kong, 2021–2023.
- Investments and Portfolio Management (Master)
- Portfolio Management (Undergraduate)
- Theory of Finance (Undergraduate)
- Graduation Project on Applied Finance (Undergraduate)
- Honours Project (Undergraduate)
- 2024 AEA 2024*, Asian FA 2024, CICF 2024*, WEAI 2024*, SERC*, Adam Smith Sustainability Conference and 2nd Annual Conference of the British Accounting Review*, Shenzhen University, 青年资产定价学者论坛
- 2023 Asian FA 2023, CFRC*, China International Risk Forum & China Finance Review International Joint Conference (CIRF & CFRI) Conference
- 2021 Asian FA 2021*
- 2020 AEA 2020, Bank of Finland Institute for Economies in Transition (BOFIT) Discussion Papers 2020, NTU*, Peking University*, PKU HSBC Business School*, USC China workshop*
- 2019 SFS Cavalcade North America*, ABFER 7th Annual Conference*, NTU Finance Conference*, Singapore Economic Review Conference, CESifo Workshop on Banking and Institutions in Munich*, Deakin University*, Lingnan University*, CUHK Shenzhen*, Xiamen University, Guangdong-Hong Kong-Macao Area Research Forum on Business, 海峡两岸暨港澳地区公共管理学术研讨会, 中国金融管理年会*, 国际金融与贸易研讨会*
- 2018 Australasian Finance & Banking Conference (AFBC)*, European Financial Management Association (EFMA) conference*, Annual Conference of Multinational Finance Society (MFS), Global Finance Conference (GFC), UIBE International Conference in Finance
- 2017 Annual Conference of Asia-Pacific Management Accounting Association (APMAA)
(* Presented by co-authors)
- Management Science, Journal of Corporate Finance, Journal of Empirical Finance, Corporate Governance: An International Review, Journal of Business Research
- Pacific-Basin Finance Journal, Finance Research Letters, International Review of Finance, Economic Modelling, Asia-Pacific Journal of Financial Studies, Singapore Economic Review, Quarterly Journal of Finance, Review of Accounting and Finance, International Journal of Hospitality Management, China Accounting and Finance Review, Cross Cultural & Strategic Management, Financial Innovation, 经济学（季刊）
- FMA Annual Meeting, FIRN Annual Conference, China Journal of Accounting Studies Conference 2021, 2022 Asian FA Annual Conference, 2024 Asian FA Annual Conference, Midwest Finance Association Annual Conference 2025