Li Bin
Title: Professor
Tel: (86) (531) 88362182
Email: libin0531@sdu.edu.cn
Research Areas: Corporate Mergers and Acquisitions and Enterprise Group Financial Governance, Fintech and Supply Chain Finance, Cultural Enterprise Investment and Financing

Education Background
2010.09 - 2012.06 Post-doctoral Fellow in Applied Economics, Shandong University
2007.09 - 2010.06 Ph.D. in Accounting, Shandong University
2005.09 - 2007.06 Master of Management, Shenyang University
2001.09 - 2005.06 Bachelor of Management, China Agricultural University

Honors&Awards
1. Second Prize, 31st Social Science Outstanding Achievement of Shandong Province, 2017, for Tax Inducement, Strategic Heterogeneity and Corporate Mergers and Acquisitions
2. Selected for the Future Plan for Young Scholars of Shandong University in 2017
3. Outstanding CPC Member of Shandong University, 2016
4. Selected for the High-End Accounting Talent (Academic) Cultivation Project, 2015
5. First Prize, the Sixth MBA Excellent Case Competition of Shandong Province, 2015, for Love to the Left, Marriage to the Right? Based on an Analysis of a Failed Case of Mergers and Acquisitions
6. Excellent Teacher, Teaching Quality Awards of Shandong University, 2015
7. Young Teaching Expert of Shandong University, 2014
8. Second Prize, Young Teachers’ Lecture Competition of Shandong University, 2014
9. Major Achievement Award, 28th Social Science Outstanding Achievements, Shandong Province, 2014, for Research on Enterprise Group Management and Control under the Paradigm of Cooperative Network
10. First Prize, Fourth Shandong MBA Excellent Case Competition, 2013, for How to Avoid the Embarrassing Situation of Scapegoat in Management Decision-Making—Based on the Analysis of Financial Fraud in the Merger and Acquisition of HP
11. Research into Enterprise Group Management and Control under the Paradigm of Cooperative Network was selected for the National Achievements Library of Philosophy and Social Sciences of the Planning Office, 2013.
12. First Prize, Excellent Scientific Research Achievements of Higher Education Institutions in Shandong Province, 2012, for Research on Enterprise Group Management and Control under the Paradigm of Cooperative Network

Social Services
Reviewer of Nankai Business Review




Undergraduate: Auditing, Accounting and Auditing Cases, Financial Management, Asset Evaluation
Master/Ph.D.: Corporate Merger and Acquisition and Capital Operation, Accounting, Financial Statement Analysis, Auditing Case Analysis, Accounting Research Methods, etc.

1. Cultural Enterprise Innovation Case Analysis. Economic Science Press, 2018.
2. Development Report of Chinese Cultural Enterprises—Data Analysis from Listed Companies. Economic Science Press, 2018.
3. Case Analysis of Cultural Enterprise M&A. Tsinghua University Press, 2016.
4. Research into Enterprise Group Management and Control under the Paradigm of Cooperative Network. China Renmin University Press, 2014.
5. Green M&A, Legitimacy and Risk-taking: Evidence from China’s Heavy Polluters. Accounting & Finance (SSCI), 2020, 60(1):97-127.
6. Tax Inducing, Strategic Heterogeneity and Mergers & Acquisitions. Nankai Business Review, 2015, 18(06):125-135.
7. Research into the Three-Dimensional Structure Analyzing and Value Correlation Testing of Parent-Subsidiary Corporations’ Synergy. Nankai Business Review, 2014, 17(01):76-84.
8. Culture’s Influence on Accounting: Literature Review and Future Research Prospects. Accounting Research, 2012(04):20-27, 94.
9. Reconstruction on the Performance Evaluation Index System of Parent-subsidiary Corporations Based on Cooperative Networks. China Industrial Economics, 2011(05):99-108.
10. The Difference of Tax Competition Level, Tax Management Capability and the Performance of Cross-regional M&As. Journal of Guangdong University of Finance & Economics, 2017(6):46-57.
11. Does the Mixed Ownership Trap Really Exist? Micro Evidence of Transownership Mergers and Acquisitions of Privately Operated Companies in China. Finance & Economics, 2017(06):82-93.
12. Adaptive Innovation of Cultural Intermediary Organizations with the Evolution of Relationship between Government and Market. Journal of Shandong University (Philosophy and Social Sciences), 2017(02):80-86.
13. Tax Synergy of the Related Party M&As: An Empirical Analysis from the Perspective of Heterogeneous Strategy and Internal Capital Market. Finance Research, 2017(06):27-38.
14. How to Recruit the Matching Accounting Firm in Mergers & Acquisitions: Empirical Evidence from Chinese Listed Companies. Journal of Audit & Economics. 2016, 31(01):46-54.
15. Managerial Ability, Investment Bank Reputation and M & A Performance. Journal of Beijing Jiaotong University (Social Sciences Edition), 2016,15(02):61-70.
16. Major-shareholders Participation, Private Placement Acquisitions Relevance and Interests Transferring. Research on Economic and Management, 2015,36(08):107-115.
17. The Private Placement Discount Rate and Premium Rate Study on the Reliability of Evidence Related to Interest Transferring Through Private Placement and Acquisition. Securities Market Herald, 2015(08):15-22.
18. The Governance Effect of Intermediary Agencies in M&A: An Empirical Analysis Based on the Perspective of Risk Filtration. Lanzhou Academic Journal, 2015(08):174-186.
19. The Mystery of a High Premium in Cultural Enterprise M&As: Structure Analysis, Performance Response and Digestion Mechanism. Social Sciences in Guangdong, 2015(04):37-43.
20. Cultural Property Rights Trading Center: Positioning, Vision and Innovation in the Context of China. Guizhou Social Sciences, 2015(07):115-121.
21. How M&As Affect Internal Capital Market: Efficiency Improvement under Restructuring. Modern Management Science, 2015(04):94-96.
22. Selection and M&A Risk Filtering of Accounting Firms: An Analysis based on Information, Policy and Governance. Theory Journal, 2015(08):64-70.
23. Selection of Enterprise Group M&A Subjects: Based on Contingency Theory. Modern Management Science, 2013(07):100-102.
24. An Analysis of Network Evolution Path and Organization Attribute in Enterprise Group. Guizhou Social Sciences, 2012(10):73-77.
25. Research into the Correlation between Enterprise Group Internal Capital Market Size and Performance—Evidence from the A-share Market. Modern Management Science, 2010(03):44-46.

1. Research into Chinese Enterprises’ Participation in Partner Assistance Behavior from the Perspective of Coordinated Development of Regions (Youth Project supported by the National Social Science Fund of China, 2018)
2. Institutional Environment, M&As of Subsidiaries and Internal Capital Allocation of Enterprise Groups (Youth Project supported by the National Natural Science Foundation of China, 2013)
3. Research into Financial Conflict Governance of Enterprise Groups from the Perspective of the Evolution of a Parent-Subsidiary Relationship (Humanities and Social Sciences Research Youth Project of the Ministry of Education, 2012)
4. The Evolution of the Parent-Subsidiary Relationship, Group Financial Conflict and Internal Capital Allocation (The 51st General Project supported by the China Postdoctoral Science Foundation)
5. Research into the Financial Conflict Behavior of Enterprise Groups Based on the Theory of Interorganizational Relationships (Project supported by the Scientific Research Award Fund for Outstanding Young and Middle-Sged Scientists of Shandong Province, 2012)
6. Research into the Construction and Operation Mechanism of the Enterprise Group Internal Capital Market (Special Project of Social Science Planning and Accounting in Shandong Province, 2011)
7. Organizer of numerous school-level projects including the Youth Team Project of Humanities and Social Sciences at Shandong University and a project supported by the Independent Innovation Fund of Shandong University. Various other major, key, and general projects supported by the National Social Science Fund of China.