Education Background
1982-1986 Bachelor of Economics, Shandong University
1989-1992 Master of Arts in Economics, Shandong University
2000-2003 Ph.D. in Economics, Beijing Normal University
2004-2007 Postdoctoral Fellow in Financial Management, Xiamen University
2009-2010 Visiting Scholar of Department of Accounting, University of Connecticut

Honors & Awards
1. Shandong Taishan Scholar, Distinguished Expert, 2017
2. Chief Expert of High-end Think Tank of Shandong Province, 2016
3. Excellent Postgraduate Instructor of Shandong Province, 2015
4. First Place, the Annual Major Achievement Award of Social Science (Outstanding Achievement Awards of Shandong Province), 2014, for the monograph of Research on Enterprise Group Management and Control under the Paradigm of Cooperative Network
5. The monograph of Research on Enterprise Group Management and Control under the Paradigm of Cooperative Network was selected for the National Achievements Library of Philosophy and Social Sciences, 2013
6. National Candidate of the New Century National “Hundred, Thousand and Ten Thousand” Talent Project, 2009
7. Excellent Talents of the New Century, Ministry of Education, 2008
8. First Prize, Social Science Outstanding Achievement Awards of Shandong Province, (independent), 2007, for the monograph of Research on Integrated Management of Enterprises after Cross-border Mergers and Acquisitions

Social Services
1. Vice Chairman of the CAM Society for Mergers and Acquisitions
2. Member of the Sub-Advisory Committee on Accounting of the Education Advisory Committee on Business Administration in Colleges and Universities of the Ministry of Education
3. Standing Director of the Comparative Management Research Society of Shandong Province

Undergraduate: Advanced Accounting, Intermediate Financial Accounting, Accounting Theory, Accounting Frontier Lectures
Master/Ph.D.: Special Topics of Accounting Theory, Special Topics of Mergers and Acquisitions and Group Finance, Selected Reading of Finance and Accounting Literature, Advanced Financial Accounting Theory and Practice, Special Topics on Mergers and Acquisitions of Companies, Accounting, Special Topics on Mergers and Acquisitions of Companies and Capital Operation, Selected Reading of Literature, Professional English

1. Case Analysis of Cultural Enterprise M&As. Tsinghua University Press, 2016.
2. Research into Enterprise Group Management and Control under the Paradigm of Cooperative Networks. China Renmin University Press, 2014.
3. Integration Management of Enterprises after Cross-border Mergers and Acquisitions. The Commercial Press, 2006.
4. Difficulties in Financing Cultural Industry in China, Countermeasures and Suggestions. National Office for Philosophy and Social Sciences (Important Achievement), 2013.
5. Cross-ownership M&As, the Institutional Environment and the Cost of Debt Financing of Nonstate Enterprises. Accounting Research, 2019(05):3-10.
6. Can the Green M&As of Heavy Polluting Enterprises Achieve Substantial Transformation under the Pressure of Media? China Industrial Economics, 2019(02):174-192.
7. Industrial Policy Support, Corporate Life Cycle and Risk Taking. Journal of Business Economics, 2019(01):74-87.
8. Industrial Eco-Environmental Heterogeneity and Location Selections of Cultural Firms’ Inter-Regional M&As. Journal of Central China Normal University (Humanities and Social Sciences), 2018, 57(05):65-79.
9. Managerial Overconfidence, Debt Capacity and Mergers & Acquisitions Premium. Nankai Business Review, 2018, 21(03):35-45.
10. Analysis of the Role of the Governments in the Development of Cultural Industry: Position and Supplement. Inquiry into Economic Issues, 2018(04):73-79.
11. Formal Environmental Regulation, Informal Environmental Regulation and the Heavy-Polluting Enterprises’ Green M&As Decisions. Social Sciences in Guangdong, 2018(02):51-59.
12. The Dilemma and Breakthrough of Cultural Enterprises’ Business Model Innovation based on the Background of New and Old Kinetic Energy Transformation. Journal of Shandong University (Philosophy and Social Sciences), 2018(02):30-37.
13. Does the Difference of Government Competition Level Help to Improve the Performance of Cross Regional M&As? Journal of Audit & Economics, 2018, 33(02):81-92.
14. 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, 32(06):46-57.
15. Executive Option System Arrangement, Incentive Intensity and M&A Performance—A Micro-interpretation Based on the Regulation of Clause Contents. Modern Finance and Economics-Journal of Tianjin University of Finance and Economics, 2017, 37(12):52-66.
16. Corporate Life Cycle, Entrepreneurs’ Social Capital and Diversified Mergers and Acquisitions. Economic Survey, 2017, 34(06):111-116.
17. The Application of Exchangeable Bonds in Mergers and Acquisitions: Driving Factors, Derivative Risk and the Risk-control Mechanism. Research on Economics and Management, 2017, 38(06):137-144.
18. Research into the Incentive Effect of Valuation Adjustment Mechanism in M&As—Evidence from Listed Companies on SEM and GEM Boards in China. Accounting Research, 2017(03):46-52, 95.
19. Technology Capital Optimal Configuration and Countermeasure Innovation Under the Background of Supply Side Structural Reform. On Economic Problems, 2017(03):74-79.
20. Analysis and Rethinking on the M&A Fever of China’s Cultural Industry. Journal of Central China Normal University (Humanities and Social Sciences), 2016, 55(05):75-86.
21. The Allocation of Financial Resources of Business Group Based on Cooperative-network: Attribute, System Framework and Cooperation Mechanism. The Theory and Practice of Finance and Economics, 2016,37(05):75-80.
22. Does Emission Trading Improve Economic Performance? Based on the Comparison of Provincial Environmental Total Factor Productivity in China from 2003 to 2012. Research on Financial and Economic Issues, 2016(06):47-52.
23. Trans-M&As and Cultural Enterprises’ competitiveness—Evidence from A-Share Listed Enterprises. Journal of Shandong University (Philosophy and Social Sciences), 2016(03):1-12.
24. Research into the Difference and the Formation Mechanism of the Business Models of State-Owned and Private News Websites—A Case Study Based on Four News Websites. Journal of Business Economics, 2016(02):36-47.
25. A Practical Corporate Valuation Model: Model Construction and Empirical Evidence. Economic Survey, 2016,33(01):96-100.

1. Research into Perfecting a Modern Cultural Market System and Cultivating Key Cultural Enterprises (Major Bidding Project of the National Social Science Fund of China)
2. Research into the Realization Path and Effect Evaluation of Cultural Enterprise Merger and Reorganization (Key Project supported by the National Social Science Fund of China)
3. Research into Management Control of Enterprise Groups Under the Paradigm of Cooperative Network (Project supported by the National Social Science Fund of China)
4. Research into Integrated Management of Enterprises after Cross-border M&A (Project supported by the National Social Science Fund of China)
5. Research into Enterprise Financial Innovation System Based on Sustainable Development (Project supported by China Postdoctoral Science Foundation)
6. Research into the Shareholding Control of Enterprise Groups from the Perspective of Dynamic Cooperation (Humanities and Social Sciences Research Project of Ministry of Education)
7. The Interaction Between Corporate Governance and Accounting Information Disclosure: Theoretical and Empirical Research (Humanities and Social Sciences Research Project of Ministry of Education)
8. Research into the Incentive Mechanism of High-Tech Enterprises Based on Sustainable Development (Soft Science Project of Shandong Province)
9. Research into the Internal Control Design and Evaluation of Enterprise Groups (Key Project of Shandong Provincial Philosophy and Social Science Planning)
10. Research into Financial Conflict and the Coordination of Enterprise Groups Based on a Dual Contract (Key Project of Shandong Provincial Philosophy and Social Science Planning)
11. Research into the Innovation of a Value Evaluation Method for High-Tech Enterprises (Soft Science Project of Shandong Province)
12. Research into the Tracking Evaluation and Feedback Mechanism of Accounting Talents Training Quality in Colleges and Universities (Teaching and Research Project of Shandong Province)