Profile

Hua SHANG, who is working as an Associate Professor and a Doctoral supervisor, was selected into National Foreign Young Talents Program, Sichuan Province Foreign High-Level Talents, Guanghua Young Scholars Growth Program and outstanding undergraduate thesis advisor (seven times). She served as a member of World Banking and Finance Conference program committee. 

Her research interests include Financial market development, International finance and Enterprise development. Relevant results have been published in powerful international journals including Journal of International Business Studies (FT50, UTD24), Journal of Banking and Finance, and International Review of Economics & Finance. Currently she is a teacher in Department of Finance and Accounting, teaching courses such as Corporate Finance, Advanced Investment, Accounting, Accounting Information Systems and Managerial Accounting.

Research achievements (partly)

Journal publications (partly) (* indicates corresponding author, # indicates doctoral student)

Shang H., Y.L. Xing#, 2025, "Banking market deregulation and firm innovation: Evidence from foreign bank entry," Journal of Banking & Finance,Volume 176, 107471. （SWUFE, A-level）

Liu,H., Z. Yi#, H. Shang*, Z. Liu, 2024. "Foreign bank entry and the outward foreign direct investment of companies: evidence from China". Journal of International Business Studies, Volume 55, pages 896–913.（共同一作, 西南财大A+级，FT50, UTD24）

Zhang, Y.L. Xing# and H. Shang*, 2023. "Foreign bank entry and export quality upgrading: evidence from a quasi-natural experiment set in China" Empirical Economics, online (https://doi.org/10.1007/s00181-023-02513-8)

Shang H., T. Zhang*#, and P.M. Ouyang, 2018. "Credit allocation and firm productivity under financial imperfection: evidence from China" Emerging Market Finance and Trade, 54: 992-1010

Shang, H., Q.Y. Song#, and Y. Wu#, 2017. "Credit market development and firm innovation: evidence from the People's Republic of China." Journal of the Asia Pacific Economy,22:, 71-89.

Shang, H., P. Yuan, and L. Huang*, 2016. "Macroeconomic factors and the cross-section of commodity futures returns." International Review of Economics & Finance, 45: 316-332

Shang, H., 2013. "Inference in Asset Pricing Models with a Low-Variance Factor." Journal of Banking and Finance 37, 1046-1060. （SWUFE, A-level）

Author

Research Office of People's Government of Sichuan Province, Statistics Bureau of Sichuan Province, Southwestern University of Finance and Economics, "Current Situation, Trends and Strategies - Research report on the third national economic census of Sichuan Province", China Statistics Press, 2015 (co-editor)

Paper collection

"Avoiding the Middle-income Trap in Asia: The Role of Trade, Manufacturing, and Finance", Brookings Institution Press, 2018 （participant）

Grants and projects (partly) 

"Research on the open development of financial industry in Sichuan Province", Sichuan Provincial Department of Science and Technology, 2022, completed project

"High-quality opening of financial industry helps high-quality development of enterprises in western China", Ministry of Science and Technology, 2021, completed project

"Opening up of the banking industry and corporate innovation output", Guanghua Young Scholars Growth Plan, 2020

"Analysis of the impact and mechanism of bank-owned enterprises on the dynamic adjustment of corporate capital structure: Service industry as an example" Fundamental Research Funds for Central Universities 2019, Host, Project Completed

"Research on the impact and mechanism of the entry of foreign banks on my country's enterprise innovation", 2018 Young Teacher Growth Project of Southwestern University of Finance and Economics, host, completed project

"Bank Competition and Enterprise Innovation Output: Impact and Mechanism Analysis", 2016 Youth Growth Project of Southwestern University of Finance and Economics, host, completed project

"Suggestions on Deepening Financial Marketization Reform to Promote Enterprise Innovation and Development", 2015 "Decision-making Consultation and Emergency Demand Project", host, completed project

"Sichuan Financial Industry Development Status and Prospects", sub-project of the third economic census project of Sichuan Provincial Bureau of Statistics in 2015, participated in, completed

"The relationship between risks and returns of commodity futures investment", 2013 Youth Growth Project of Southwestern University of Finance and Economics, host, completed project

"The International Layout of China's Trade and Investment in the Context of Changes in the International Environment—A Framework Based on "Ordered Distance"", 2015 Annual Cultivation Project of Fundamental Research Funds for Central Universities, Participated, Completed

"Setting test of financial risk management model: Portmanteau test and non-parametric test for VaR and CVaR models", 2014 Self-study Youth Project, participated, completed

"Using International Trade Investment Flow Model to Forecast Geographical Risks and Asset Prices", 2013 National Science and Technology Project, Participated, Completed

Educational teaching projects:

Blended teaching of corporate finance, 2021, completed

Small class teaching of Accounting Information System, 2019, project completed

Media articles

Hua SHANG, Quanyun SONG, Yu WU. Developing Credit Markets in Provinces Improves Innovation among Firms in the People’s Republic of China.（Developing provincial credit markets to promote innovation among Chinese enterprises） VoxChina.org，2018