What Does a Finance Professor Do?

Xu Xinzhong, Professor of Finance. He has been a financial economist at the Bank of England Monetary Policy Bureau, a chair professor of finance at Lancaster University School of Management, and the chairman of the first council of the China Finance Conference.

Xu Xinzhong

(Professor of Finance)

September 1981 to July 1985 at

British Accounting Review 1997 Best Paper Award

2002 Australian International Finance Conference Best Paper Award in Derivative Products

Research on Several Basic Issues of Behavioral Finance (National Natural Science Foundation of China)

Price discovery function of copper futures (

Professor of Finance. Before joining Peking University, he was a financial economist at the Bank of England Monetary Policy Bureau and a chair professor of finance at Lancaster University School of Management. I have many years of research experience in the fields of corporate governance, behavioral finance and financial risk management and asset pricing, and have obtained rich research results. He has published 16 articles in leading international and domestic academic journals. Published academic journals include Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Review of Economics and Statistics.

His research results have been recognized by international peers. His published papers have been widely cited and won the British Accounting Review 1997 Best Paper Award and the 2002 Australian Financial International Conference Derivative Product Best Paper Award. My research results are of great practical value. The above-mentioned papers have been reprinted many times by financial applied books and invited to be published in

The Dynamics of International Equity Market Expectations (Co-authored with Michael J. Brennan, H. Henry Cao, Norman Strong), Journal of Financial Economics, forthcoming.

Forecasting FX Volatility: Inplied Volatilities versus AR (FI) MA Models, Journal of Banking and Finance, forthcoming. (Co-authored with S.Pong, M.Shackleton, and S. Taylor).

CAPM, Higher Co-moment and Factor Models of UK Stock Returns, 2004, Journal of Bussiness Finance and Accounting, March. (Co-authored with D. Hung and M. Shackleton).

Post-Earning-Announcement Drift in the UK, 2003, European Financial Management, 9 (1), 89-116. (Co-authored with W. Liu and N. Strong).

Understanding the Equity Home Bias: The Evidence from the Survey Data, 2003, Review of Economics and Statistics, May, 307-312. (Co-authored with N. Strong).

· Pricing FTSE 100 Index Options under Stochastic Volatility, 2001, Journal of Futures Markets, 21, 197-211. (Co-authored with Y. Lin and N. Strong).

The Profitability of Momentum Investing, 1999, Journal of Business Finance and Accounting, 26, 1043-1091. (Co-authored with W. Liu and N. Strong).

Do S & P 500 Index Options Violate Martingale Restriction ?, 1999, Journal of Futures Markets, 15 (5), 499-521. (Co-authored with N. Strong).

The Incremental Volatility Information in One Million Foreign Exchange Quotations, 1997, Journal of Empirical Finance, 4 (4), 317-340. (Co-authored with S. Taylor).

Explaining the Cross-section of UK Expected Stock Returns, 1997, British Accounting Review, 29 (1), 1-23. (Co-authored with N. Strong).

Conditional Volatility and the Informational Efficiency of PHLX currency Options Markets, 1995, Journal of Banking and Finance, 19 (4), 803-821. (Co-authored with S. Taylor).

The Term Structure of Volatility Implied by Foreign Exchange Options, 1994, Journal of Financial and Quantitative Analysis, 29 (1), 57-74. (Co-authored with S. Taylor).

The Magnitude of Implied Volatility Smiles: Theory and Empirical Evidence for Exchange Rates, 1994, Review of Futures Markets, 13 (2), 355-380. (Co-authored with S. Taylor).

Editor of Journal of Business Finance & Accounting, British Accounting Review, Journal of Chinese Business and Economic Studies

Editor-in-Chief of Finance (Quarterly)

Adjunct Fellow, University of Warwick

Adjunct Professor, Dalian University of Technology, University of International Business and Economics

Former chairman of the first council of the China Finance Conference