已发表论文(*代表通讯作者)
[1] 刘浩, 李强*, 曾勇. 增长机会,异质信念与企业估值.《系统管理学报》, 2023, 32(1): 167-177. CSSCI.
[2] 刘浩, 李强*, 曾勇. 产品市场竞争、企业实体投资与股票预期收益率. 《金融学季刊》, 2022, 16(1): 242-269. CSSCI.
[3] 刘浩*, 李强, 曾勇. 实物期权视角的CAPM有效性检验. 《系统工程理论与实践》, 2017, 37(8): 2015-2023. CSSCI.
[4] Zhang, Q., Zhang, P., Liu, H.* (2023). Does expected idiosyncratic skewness of firms' profit predict the cross-section of stock returns? Evidence from China. Research in International Business and Finance, 64, 101839. SSCI, BUSINESS, FINANCE一区.
[5] Yao, H, X., Xia, S.,* Liu, H.* (2022). Six-Factor asset pricing and portfolio investment via deep learning: Evidence from Chinese stock market. Pacific-Basin Finance Journal, 76, 101886. SSCI, BUSINESS, FINANCE二区.
[6] Liu, H., Zhang, H., Fu, Jyun-Ying.* (2022). Cultural distance, foreign ownership, and corporate innovation in China. Applied Economics Letters, SSCI, ECONOMICS四区.
[7] Liu, H., Zhang, H., Gao Y., Chen, X.* (2022). Firm age and beta: Evidence from China, International Review of Economics and Finance, 77, 244-261. SSCI, ECONOMICS二区.
[8] Zhang, Q., Chen, J., Zhang, P., Liu, H.* (2022). How does the business cycle affect firm innovation? Evidence from China’s listed companies. Emerging Markets Finance and Trade, 58(5), 1390-1414. SSCI, ECONOMICS一区.
[9] Li, Q., Liu, H.,* Zeng, Y. (2022). Size effect and growth options over firm lifecycle. Journal of Management Science and Engineering, 7(2), 197-212. SCOPUS, CSCD.
[10] Sandra, C. O., Zeng, Y., Li, Q.,* Liu, H., Peter, D, A., Tamas C. (2022). The effect of economic growth on banking system performance: An interregional and comparative study of Sub-Saharan Africa and developed economies. Economic Systems, 46(1), 100939. SSCI, ECONOMICS一区.
[11] Liu, H., Zhang, Q.* (2021). Firm age and realized idiosyncratic return volatility in China: The role of short-sales constraints. International Review of Financial Analysis, 75, 101745. SSCI, BUSINESS, FINANCE一区.
[12] Liu, H., Yi, X., Yin, L.* (2021). The impact of operating flexibility on firms’ performance during the COVID-19 outbreak: Evidence from China. Finance Research Letters, 38, 101808. SSCI, BUSINESS, FINANCE一区.
[13] Liu, H., Chen, Y., Wan, W., Zhang, Q.* (2021). A novel explanation for idiosyncratic volatility anomaly: An asset decomposition perspective. Economics Letters, 206, 109994. SSCI, ECONOMICS二区.
[14] Liu, H., Gao, Y. * (2019). The impact of corporate lifecycle on Fama–French three-factor model. Physica A: Statistical Mechanics and Its Applications, 513, 390-398. SCI/SSCI, JCR二区.
[15] Liu, H., Li, Q.,* Zeng, Y. (2018). Firm valuation over lifecycle: A perspective on growth option. Asia‐Pacific Journal of Financial Studies, 47(5), 720-743. SSCI, BUSINESS, FINANCE四区.
正在进行的论文:
[16] Liu, H., Yi, X., Chen, J.* The effect of asset redeployability on firm value during COVID-19: A real options perspective. Emerging Markets Finance and Trade, 二轮审稿
[17] Yao, H, X., Xia, S, H.,* Liu, H.* Return predictability via an LSTM-based cross-section factor model: Evidence from Chinese stock market. Journal of Forecasting. 二轮审稿
[18] Zhang, Q., Chen, J., Zhang, Z., Liu, H.*. Deleveraging policy and the performance of highly leveraged firms: What we learn from China. Submitted to Emerging Markets Finance and Trade.
[19] Liu, H., Tang, X., Fu, Jyun-Ying.* Do foreign institutional investors curb corporate carbon emissions in China?
[20] Liu, H., Tang, X., Lai, H.* How do foreign institutional investors enhanced corporate green innovation in China?
[21] Liu, H., Ye, X., Zhang, Q.* Do foreign investors curb corporate Mundefinedamp;A activity? Evidence from listed firms in China.
[22] Liu, H., Hong, Z., Yi, X, Yin, L.* Climate change news beta and the expected stock return in China.
[23] Liu, H., Yin, L.* The impact of real option on profitability premium: Evidence from China.
[24] Liu, H., Wang, H., Zhang, Q.* The internet plus premium in China.
[25] 刘浩,尹力博.* 企业投资对股票预期收益影响的新证据——基于股票收益的长期检验.
[26] 刘浩, 李济延. 碳排放权价格不确定性对股票横截面收益的影响研究.
[27] 刘浩, 陈丹娜. 基于文本分析的气候变化暴露指标测度及对上市公司价值的影响研究.
[28] 刘浩, 杨卓灵. 气候变化暴露对企业绿色创新的影响研究——基于文本分析视角.
学术专著
曾勇, 李强, 刘浩, 陈佳, 李准. 基于增长期权的企业估值与资产定价——企业生命周期的视角. 北京: 科学出版社. 2021年6月.
科研项目
主持广东省社科规划项目:金融开放背景下境外股东持股对中资企业并购的影响研究, 项目编号: GD21YYJ09. 已结项
主持广州市科技局项目:基于可追随来源地的境外投资者对企业绿色创新的影响研究, 项目编号: 2023A04J0328. 在研
主持广东省教育厅特色创新类项目:增长期权综合指标构建及对风险溢价的影响研究, 项目编号: 2019KTSCX036. 已结项
参与国家自然科学基金面上项目:生命周期视角下增长期权对企业估值和资产风险收益特征影响的研究, 项目编号: 71472025. 已结项
参与文化名家暨“四个一批”人才资助项目:基于生命周期和互联网金融背景的企业融资决策与价值创造, 中宣办发[2015]49号. 已结项
参加会议及报告
2023年China Accounting and Finance Conference,2023年1月,陕西西安,分会场报告题目:Do foreign institutional investors curb corporate carbon emissions in China?
2022年第十九届中国金融学年会,2022年10月,中国上海,分会场报告题目:Climate change news beta and the cross-sectional stock return
2022年第二十一届中国金融工程学年会,2022年11月,浙江温州,分会场报告题目:Do foreign institutional investors curb corporate carbon emissions in China?
2020年第十八届金融系统工程与风险管理国际年会,2020年11月,中国北京,分会场报告题目:增长机会,异质信念与企业估值
2020年第十七届中国金融学年会,2020年11月,中国北京,分会场报告题目:The impact of asset redeployability on firm value during COVID-19
2019年第十六届中国金融学年会,2019年10月,中国杭州,分会场报告题目:产品市场竞争,Rundefinedamp;D溢价和投资溢价
2017年第十五届金融系统工程与风险管理国际年会,2017年10月,中国北京,分会场报告题目:产品市场竞争能解释盈利溢价吗?
2015年中国金融国际年会(CICF),2015年7月,中国深圳,分会场报告题目:增长期权与资产定价:生命周期视角
2015年第十三届金融系统工程与风险管理国际年会,2015年8月,中国芜湖,分会场报告题目:实物期权调整的CAPM,获得会议最佳论文