Song Min B.S. in mathematics, Zhejiang University M.S. in mathematics, Huazhong University of Science and Technology Ph.D in financial economics, The Ohio State University Curriculum Vitae

Song Min is the Dean of Economics and Management School, Wuhan University, Professor in Finance and Economics. He was a Professor in finance and economics in The University of Hong Kong and a Professor and Chair in finance in the School of Economics, Peking University. Professor Song also serves as Founding Chairman of Hong Kong Institute of International Finance, an academy committee member of International Finance Forum, and Vice Chair of China Finance Association of Hong Kong.

Prof.Song’s research fields include corporate finance and corporate governance, banking, financial markets, and innovation economics. His research papers have been published in " Social Science in China", "Economic Research Journal", "Management World","China Economic Quarterly" , "Journal of Finance Research", "China Industrial Economics","Nankai Business Review", Journal of Financial Economics, The Economic Journal, Journal of Business, Journal of Development Economics, Journal of Banking and Finance, Journal of Money, Credit and Banking, Journal of Comparative Economics, American Journal of Agricultural Economics and other top Chinese and English journals.

Prof. Song’s research papers are widely downloaded and cited. According to statistics of SSRN, his academic papers have been downloaded 23,488 times, globally ranking 1279. As one of the top 20% of scholars in the world, his academic papers are highly cited in economics research area. According to statistics of Google Scholar, his academic papers have been cited 7536 times in total, 3352 citations in the last 5 years, and a single citation rate is as high as 1234 times. According to the latest statistics from the top Chinese journal "Economic Research Journal",2 papers have entered the list of the top 200 most cited papers, and one of them is on the top ten list.

Prof. Song has rich experience in policy consulting and scientific research management. The relevant occupational history is as follows: the Central Policy Unit (CPU) of the Hong Kong Government, the China Investment Corporation, the Financial Human Resources Development Committee of the Hong Kong Government, the Shenzhen Qianhai Pilot Zone as a policy consultant, a post-doctoral supervisor at the Shenzhen Stock Exchange, a post-doctoral supervisor at the Shanghai Stock Exchange, and an International Finance Forum (IFF) academic executive member, director of the China International Finance Association, the founding chairman of the Hong Kong International Finance Association, and the founding vice chairman of the Hong Kong China Finance Association.

Corporate Finance and Corporate Governance

Bai Chongen, Liu Qiao, Lu Zhou, Song Frank, Zhang Junxi. 2005. An Empirical Study on Chinese Listed Firms' Corporate Governance. Economic Research Journal, 2(5), 81-91. (CNKI download: 33600; CNKI citations: 3421)

Bai CE, Liu Q, Lu J, Song Frank, Zhang J. Corporate governance and market valuation in China. Journal of Comparative Economics, 2004, 32(4): 599-616. (Google Scholar citations: 1026)

Hu Yifan, Song Frank, Zhang Junxi. Competition, Ownership, Corporate Governance: Their Importance and Interactions. Economic Research Journal, 2005, 09: 44-57. (CNKI download: 330; CNKI citations: 5523)

Li Chuntao, Song Min, Zhang Xuan. Analyst following and corporate earnings management: Evidence from China. Journal of Financial Research, 2014(07): 124-139. (CNKI download: 214; CNKI citations: 5234)

Yang Wei, Feng Lu, Song Min, Li Chuntao. Can the Reference Point Ratio Measure Stock Price Overvaluation？Evidence from Stock Crash Risk. Management World, 2020, 36(01):167-186.

Yang Wei, Song Min, Feng Ke. M&A Goodwill, Investor Overreaction, and Stock Price Bubbles and Crashes. China Industrial Economics, 2018(06): 156-173. (CNKI download: 142; CNKI citations: 7348)

Yang Wei, Zhao Zhongkuang, Song Min. Diversified M＆As: Premium and Corporate Transformation. Journal of Financial Research, 2019(05): 115-131.

Wang, Yizhong, Yueling Wei, and Frank M. Song. Uncertainty and corporate R&D investment: Evidence from Chinese listed firms. International Review of Economics & Finance 47 (2017): 176-200. (Google Scholar citations: 36)

Lai, Tat-kei, Adrian CH Lei, and Frank M. Song. The impact of corporate fraud on director-interlocked firms: Evidence from bank loans. Journal of Business Finance & Accounting 46.1-2 (2019): 32 -67.

Biddle, Gary C., Mary LZ Ma, and Frank M. Song. 2020. Accounting conservatism and bankruptcy risk. Journal of Accounting, Auditing and Finance,

https://doi.org/10.1177/0148558X20934244. (Google Scholar citations: 120)

Commercial Bank

Frank Song. A two-factor ARCH model for deposit-institution stock returns. Journal of Money, Credit and Banking, 1994, 26(2): 323-340. (Google Scholar citations: 110)

Barth, James R., Lin Chen, Lin Ping, & Frank Song. Corruption in bank lending to firms: Cross-country micro evidence on the beneficial role of competition and information sharing. Journal of Financial Economics, 2009, 91 (3): 361-388. (Google Scholar citations: 359)

JR Barth, C Lin,Y Ma, J Seade, Frank M. Song . Do bank regulation, supervision and monitoring enhance or impede bank efficiency? Journal of Banking & Finance,2013, 37 (8): 2879-2892 (Google Scholar citations: 451)

Li L, Song F M. Do bank regulations affect board independence? A cross-country analysis. Journal of Banking & Finance, 2013, 37(8): 2714-2732. (Google Scholar citations: 29)

Financial market

Song, Frank, Zhang J. Securities Transaction Tax and Market Volatility. The Economic Journal, 2005, 115(506): 1103-1120. (Google Scholar citations: 89)

Aggarwal, Raj, Sunil Mohanty, and Frank Song. Are survey forecasts of macroeconomic variables rational? Journal of Business, 1995: 99-119. (Google Scholar citations: 125)

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), 2018, 33(3): 11-19.

Innovation Economics

Li Chuntao, Yan Xuwen, Song Min, Yang Wei. Fintech and Corporate Innovation——Evidence from Chinese NEEQ-Listed Companies. China Industrial Economics, 2020(01): 81-98. (CNKI download: 3; CNKI citations: 4205)

Beck T, Chen T, Lin C, Song FM. Financial innovation: The bright and the dark sides. Journal of Banking & Finance, 2016, 72: 28-51. (Google Scholar citations: 200)

Lin C, Lin P, Song FM, Li C. Managerial incentives, CEO characteristics and corporate innovation in China's private sector. Journal of Comparative Economics, 2011, 39(2): 176-190. (Google Scholar citations: 237)

Lin, Chen, Ping Lin, and Frank Song. Property rights protection and corporate R&D: Evidence from China. Journal of Development Economics, 2010, 93 (1): 49-62. (Google Scholar citations: 250)

Li Chuntao, Song Min. 2010. Innovation Activities in Chinese Manufacturing Firms: The Roles of Firm Ownership and CEO Incentives. Economic Research Journal, 5,005. (The article has been published by Xinhua Digest, Issue 15, 2010; CNKI download: 916; CNKI citations: 13,609)

Chang Zhongyang, Song Min. Can the Technological Leadership Persist? A Survey of Studies on R&D Competition without Timing and Spillover. Economic Research Journal, 2010, 12: 125-138. (The article has been published by Xinhua Digest and China Social Science Digest. It won the third prize of the 6th Ministry of Education Scientific Research Outstanding Achievement Award. CNKI download: 13; CNKI citations: 2407)

Monograph:

Ping Xinqiao, Song Min, Zhang Junxi: "Governance Structure, Securities Market and Banking Reform", October 2003, Peking University Press

Song Min, Qu Hongbin, Sun Zengyuan: "Towards the World's Third Largest Currency: Research on the Internationalization of RMB", June 2011, Peking University Press

Song Min, Feng Ke: "Securities Investment Analysis", January 2015, China Development Press

Feng Ke and Song Min: "Internet Finance Theory and Practice", August 2016, Tsinghua University Press

Tang Fangfang, Song Min: "Blockchain & Fintech: Case Analysis", November 2020, Wuhan University Press

Song Min, Tang Fangfang, Zhang sheng: "Green Finance", November 2020, Wuhan University Press

Research project:

[1]. The National Natural Science Foundation of China project: International Capital Flows, Currency Internationalization and Monetary Policy: Theory and Experience Research Based on China (71373011), 560,000, in 2014, completed, PI.

[2]. The HKU RGC’s Theme-based Research Scheme (TRS) project: Enhancing Hong Kong’s Future as a Leading International Financial Centre, HK$ 15 million, 2012, completed, Co-PI.

[3]. The HKU RGC’s Theme-based Research Scheme (TRS) project: China Business and Economics, HK$ 1.5 million, 2008, completed, Co-PI.

[4]. The HKU Foundation Grant project: Corporate Governance and Market Valuation in China and Hong Kong, HK$672,000, 2003, completed, Co-PI.

[5]. The National Natural Science Foundation of China Emergency Project "Research on Preventing and Resolving the Financial Risks that May be Caused by the China-US Trade War", 2018-2019, Participant.

[6]. National Development and Reform Commission, China International Economic Exchange Center, Wuhan Municipal Government Project" Strategic Consult for Transformation of Hannan District in Wuhan Development Zone in the New Era", project number: 250001520, 500,000, Participant.

[7]. Participating in The Academic Committee of the National Development and Reform Commission project and undertook part of the research tasks "Research on China's Economic Transition from High-Speed ​​Growth to High-Quality Development", and the results of research were sent to the National Development and Reform Commission and supported “Opinions on promoting high-quality development” publishment,2018.

[8]. Consulting: “How to Establishing Hangzhou International Financial Technology Center” for Zhejiang government, argued the advantages of Hangzhou International Financial Technology Center establishment, and provided serious implementable political choice. The research result received improvement by Secretary of the Zhejiang Provincial Party Committee and the Governor, 2017.

[9]. Writing many consulting reports for the construction of Guangdong free Trade Zone, including “Hengqin Free Trade Zone Financial Services Industry”, “Qianhai International Financial City Planning Report”, etc. The report discussed how Hengqin and Qianhai, as outposts of China's financial opening, should coordinate and deepen the cooperation between Mainland China and Hong Kong, and how to be a "test field" after financial opening, 2012-2017.

[10]. The Central Financial and Economic Office project: “Asset Bubbles: Too Big to Burst”, and the research results were recognized by decision-makers, 2014, Participant.

Social activities:

[1]. On November 11, 2020, he was invited to attend the Dean’s Forum in the School of Management of Zhejiang University to celebrate its 40^th anniversary, and delivered a speech named “High-quality Development and Corporate Social Responsibility” in the forum of Business School Social Responsibility.

[2]. On October 31, 2020, he was invited to attend the 8^th Zhang Peigang Outstanding Achievement Award in Development Economics Forum, the 3^rd Zhang Peigang Young Scholar Award in Development Economics Forum, and Dual Circulation & New Pattern China's Economic Reconstruction and Development Forum, and deliver a speech named "High-quality Development and Financial System Construction"

[3]. On October 23, 2020, he was invited to attend "High Quality Economic Development in the Post-epidemic Period: Chinese economy in 2025 ", sponsored by Chinese Academy of Social Sciences Economic Research for the 65^th anniversary Economic Research Journal establishment, and the 60^th anniversary of the Economic Perspectives establishment, and deliver a speech named "World Economic Outlook and Development Strategy in the Post-epidemic Period".

[4]. On September 25, 2020, he was invited by the National Natural Science Foundation of China to attend the 257^th forum named "China's economic development laws and key scientific issues in theoretical research", and provided suggestions for the final important scientific issues.

[5]. In August, 2020, he was invited to attend Yabuli Forum Summer Summit and delivered a speech about economic situation.

[6]. Speech on economic Situation at the Yabuli Summer Summit 2020-08

[7]. On November 24, 2019, he was invited to attend the "The 9^th China Economic Theory Innovation Award Ceremony and China Economists Forum", and delivered a speech named "Economic Globalization and China's Economic Development", the views of which were reprinted by People's Daily.

[8]. In November, 2019, he delivered a speech on digital currency and RMB internationalization at the International Financial Forum.

[9]. From February 16 to February 18, 2019, he was invited to attend the 19^th Annual Meeting of Yabuli Chinese Entrepreneurs Forum and delivered a speech in the sub-forums of "Macro Economic Forum" and "Education Forum".

[10]. On January 12, 2019, he was invited to attend the "the 23^rd China Capital Market Forum" and delivered a speech of "Financial regulation" in the forum named "Formation and Development of Modern Financial System".

[11]. On December 28, 2018, he was invited to attend the 9^th symposium of 50 member of “China Regional Economic Forum”, and deliver a speech named "The key points and difficulties in the implementation of the economic development strategy along the Yangtze River and Wuhan"

[12]. On November 23, 2018, he was invited to attend the 15^th Annual Global Conference of the International Financial Forum (IFF) on the theme of "The New Globalization: The Way Ahead" and hosted the IFF Academic Roundtable Summit.

[13]. On September 29, 2018, he was invited to attend the second annual Meeting of Finance Department in Renmin University of China and delivered a speech on "China's economy and China's Future Financial Trend"

[14]. On September 12, 2018, he was invited to attend the 2018 Yabuli China Entrepreneurs Forum Summer Summit, and delivered a speech on "The Essence, Challenge and Direction of Financial Opening" in the sub-forum of Financial Forum 2018 with the theme of "Great Financial Opening and Influence". In the forum named "Investment and financing innovation Service" of ICBC private Bank special session, he shared the opinion on the new regulations on outbound investment management business, the standardization of off-balance sheet financing, the construction of multi-layer capital market, and the rationalization of investment and financing service mechanism

[15]. On July 21, 2018, he was invited to attend the second China Forum on Healthy Economic Development and delivered a speech on the subject of “Disciplinary Development and Talent Training of Health Economics”.

[16]. On September 26, 2018, he was invited to attend the "2018 Chinese Enterprise Value Theory" and delivered a speech named "Grasping the 10^th Anniversary of the Financial Crisis and Exploring New Strategies to Cope with Challenges"

[17]. On April 22, 2018, he was invited to attend the "Luojiapujiang Spring Financial Forum" and deliver a speech entitled "the 10^th Anniversary of the Financial Crisis: Policies and Reflections"

[18]. From January 25 to January 27, 2018, He was invited to attend the “2017 China Financial Annual Forum” and hosted the sub-forum on "Supply-side Structural Reform and Financial Service Innovation" and "Financial Industry Development Strategy: Growth, Regulation and Cycle"

[19]. On January 19, 2018, he was invited to attend the "Qianhai Shekou Free Trade Zone and Qianhai Shenzhen-Hong Kong Cooperation Zone Consultative Committee 2017 Annual Meeting" and delivered a speech on "Free Trade Port and Greater Bay Area"