
| Professor SONG Min |
Economics and Management School of Wuhan University |
Email: fmsong@whu.edu.cn |
Phone : 027-64016109 |
PhD, Economics, Ohio State University |
M.S.,Mathematics, Huazhong University of Science and Technology |
B.S., Mathematics, Zhejiang University |
TEACHING AND RESEARCH AREAS
Teaching Focusing: Financial Markets and Institutions, Investment, Corporate Finance
Research Areas: Financial market, Banking, Innovations, Corporate finance
ACADEMIC EXPERIENCE
My work has been published in leading international journals, including Journal of Financial Economics, The Economic Journal, Journal of Business, Journal of Financial and Quantitative Analysis, and Journal of Money, Credit and Banking, as well as top-tier Chinese journals such as Economic Research Journal (《经济研究》), Management World (《管理世界》), and China Social Science (《中国社会科学》).
Academic Impact Metrics
SSRN Downloads: 24,680+ downloads, ranking in the top 0.5% globally (Author Rank #1,555 out of ~3 million scholars).
Google Scholar Citations:
∙ Total citations: 8,515
∙ Recent citations (past 5 years): 3,610
∙ Highest-cited single work: 1,425 citations
Historic Recognition:
Two papers rank among the Top 200 Most-Cited Articles in Economic Research Journal (1950s–2023), with one entering the all-time Top 10 since the journal’s inception.
SELECTED PUBLICATIONS
Journal Papers (International)
Language Skills and Portfolio Choice: Evidence from Immigrants,with Gan Xue and Zhou Yang, Journal of Financial and Quantitative Analysis, Forthcoming.
Accounting Conservatism and Bankruptcy Risk, with G. Biddle and Mary Ma, Journal ofAccounting, Auditing & Finance, June 2020.
The Impact of Corporate Fraud on Director‐interlocked Firms: Evidence from Bank Loans, with Lai, Tat‐kei and Adrian CH Lei, Journal of Business Finance & Accounting, 46(1-2):32-67, 2019.
Financial Innovation: The Bright and the Dark Sides, with Beck, T., Chen, T. and Lin, C., Journal of Banking & Finance, 72:28-51, 2016.
Do Bank Regulation, Supervision and Monitoring Enhance or Impede Bank Efficiency?, with Barth, J. R., Lin, C., Ma, Y. and Seade, J., Journal of Banking & Finance, 37(8):2879-2892, 2013.
Do Bank Regulations Affect Board Independence? A Cross-country Analysis, with Li Li, Journal of Banking & Finance, 37(8):2714-2732, 2013.
Managerial Incentives, CEO Characteristics and Corporate Innovation in China’s Private Sector, with Chen Lin, Ping Lin and Chuntao Li, Journal of Comparative Economics, 39(2):176-190, 2011.
The Roles of Property Right Protection and Government in Corporate R&D in China, with Chen Lin and Ping Lin, Journal of Development Economics, 93: 49-62, 2010.
Corruption in Bank Lending to Firms: Cross-country Micro Evidence on the Beneficial Role of Competition and Information Sharing, with James R. Barth, Chen Lin and Ping Lin, Journal of Financial Economics, 91:361-388, 2009.
Securities Transaction Tax and Market Volatility, with J. Zhang, The Economic Journal, 115:1103-1120, 2005.
Corporate Governance and Market Valuation in China, with Bai, C. E., Liu, Q., Lu, J., and Zhang, J., Journal of Comparative Economics, 32(4):599-616, 2004.
Are Survey Forecasts of Macroeconomic Variables Rational?: Evidence from Tests of Stationarity and Co-integration, with Raj Aggarwal and Sunil Mohanty, The Journal of Business, 68:99-119, 1995.
A Two-factor ARCH Model for Deposit-institution Stock Returns. Journal of Money, Credit and Banking, 26(2):323-340, 1994.
Journal Papers (Domestic)
Li Xuchao, Song Min. Zombie Enterprise Debt Payment Default and Private Enterprise Total Factor Productivity, The Journal of World Economy(世界经济), Issue 11, 2021.
Deng Wei, Song Min, Liu Min. Has the Innovative Loan Convenience Tool
Effectively Affect the Interest Rate of Commercial Banks?, Journal of Financial Research(金融研究), Issue 11, 2021.
Song Min. Innovative Government: A Comparative Study of Chinese and American Innovation Policies, Journal of Beijing Technology and Business University(Social Science Edition)(北京工商大学学报(社会科学版)), Issue 11, 2021.
Deng Wei, Song Min, Chen Xiongbing. Do Lending Facilities Affect the Loan Maturity Structure of Commercial Banks in China?, Finance & Trade Economics(财贸经济), Issue 9, 2021.
Song Min, Zhou Peng, Si Haitao. Financial Technology and Enterprise Total Factor Productivity——The Perspective of Enabling and Credit Rationing, China Industrial Economics(中国工业经济), Issue 4, 2021.
Song Min, Gan Xu, Zhou Yang. Education and Financial Literacy: Evidence from China Household Finance Survey, Journal of Beijing Technology and Business University(Social Science Edition) (北京工商大学学报(社会科学版)), Issue 2, 2021.
Liu Linqing, Yan Xiaofei, Yang Lisi, Song Min. Research on the Evolution and Endogenous Mechanism of International Trade Dependence Network, China Industrial Economics(中国工业经济), Issue 2, 2021.
Song Min. Some Thoughts on the Construction of Chinese Economics Textbooks, Teaching and Research(教学与研究), Issue 7, 2020.
Lin Wanfa, Zhao Zhongkuang, Liu Yingfei, Song Min. Can Rating Information of Bond Market Improve Stock Market Information Quality? Evidence from Analysts' Forecasts, Journal of Financial Research(金融研究),Issue 4, 2020.
Luo Zhi, Sheng Hanzhi, Li Xuchao, Song Min, Liu Zhenxiu. Report on Business Operations under the Background of the New Coronary Pneumonia Epidemic-A Survey Based on Wuhan City, Hubei Province, Journal of United Front Science(统一战线学研究), Issue 4, 2020
Li Chuntao, Yan Xuwen, Song Min, Yang Wei. Fintech and Corporate Innovation——Evidence from Chinese NEEQ-Listed Companies, China Industrial Economics(中国工业经济), Issue 1, 2020.
Yang Wei, Feng Lu, Song Min, Li Chuntao. Can the Reference Point Ratio Measure Stock Price Overvaluation? Evidence from Stock Crash Risk, Management World(管理世界), Issue 1, 2020.
Yang Wei, Zhao Zhongkuang, Song Min. Diversified M&As: Premium and Corporate Transformation, Journal of Financial Research(金融研究), Issue 5, 2019.
Song Min, Gan Xu, Lin Wanfa. Bond Credit Rating Inflation: Causes, Effects and Countermeasures, Economic Perspectives(经济学动态), Issue 3, 2019.
Yang Wei, Song Min, Feng Ke. M&A Goodwill, Investor Overreaction, and Stock Price Bubbles and Crashes, China Industrial Economics(中国工业经济), Issue 6, 2018.
Song Min. Reflection on the 10th Anniversary of Global Financial Crisis Based on Perspective of Comparative Analysis between China and USA,
Journal of Beijing Technology and Business University(Social Science Edition) (北京工商大学学报(社会科学版)), Issue 5, 2018.
Published Books
Finance General Knowledge, May 2020, China Machinery Industry Press.
Blockchain + Fintech Case Analysis, November 2020, Wuhan University Press.
Green Finance, November 2020, Wuhan University Press.
New Urbanization Blue Book and New Urbanization Development Report, March 2018, Social Science Literature Press.
RESEARCH GRANTS (Selected)
Hubei Province Science and Technology Innovation Talent Service Special Soft Science Research Project: Study on Several Key Issues in the Construction of Wuhan Science and Technology Innovation Center with National Influence and Hubei Donghu Comprehensive National Science Center, RMB 300,000, 2021-2023
A major project of the National Social Science Fund: Research on the Evolution of Global Innovation Networks and Risk Governance in the New Situation, RMB 800,000, 2020-2023
The National Natural Science Foundation of China Emergency Project: Research on Preventing and Resolving the Financial Risks That May be Caused by the Sino-US Trade War, RMB 1.97 million, 2019-2021
Shenzhen Qianhai Free Trade Zone: Guangdong-Hong Kong-Macao Greater Bay Area Economic and Legal System Construction, RMB 1 million, 2019-2021
National Development and Reform Commission, China International Economic Exchange Center, Wuhan Municipal Government Project:
Research on Strategic Services for Transformation and Upgrading of Hannan District in Wuhan Development Zone in the New Era, RMB 500,000
EDITORIAL BOARDS
Reform
Economic Perspectives
China Finance Review International
Securities Market Herald
Journal of Financial Economic Policy