个人简介

Academic QualificationsPh.D. in Finance, Cass Business School, City University (London, UK)Related Working ExperiencesActing Research Director, Asia-Pacific Academy of Economics and Management, University of MacauVisiting Researcher, The Bank of Finland Institute for Economies in Transition (BOFIT), Bank of FinlandVisiting Researcher, The Technology and Management Centre for Development, University of OxfordVisiting Researcher, Bangor Business School, Bangor UniversityActing Dean, Graduate School, University of MacauAssociate Dean, Graduate School, University of MacauEditorial Board Member: Banking and Finance Review, Research in International Business and Finance, International Journal of Economics and Management EngineeringDirector, University Chapter, Global Association of Risk Professionals (GARP)Referee for International Academic Journals, including Journal of Corporate Finance, Journal of Banking and Finance, British Journal of Management, Corporate Governance: An International Review, Journal of Comparative Economics, Annals of Tourism Research, Journal of International Financial Markets, Institutions, and Money, Economic Inquiry, China Economic Review, Applied Economics, Pacific-Basin Finance Journal, Journal of Productivity Analysis, Emerging Markets Review, Emerging Markets Finance and Trade, Journal of Asian Economics, Empirical Economics, Economics Bulletin, Asian Business and Management Journal, International Review of Economics and Finance, Asia Pacific Management Review, Banking and Finance Review, Studies in Economics and Finance, and etc.Assistant Professor of Finance, Faculty of Business Administration, University of MacauVice Director, Department of International Business, China Merchants Bank, Guangzhou BranchState Administration of Foreign Exchange, Guangzhou BranchPeople’s Bank of China, Guangzhou BranchTeachingUndergraduate CoursesFinancial Management (FINC210)Financial Management I (FINC300)Financial Management II (FINC301)Management of Financial Institutions (FINC312)Public Sector Finance (FINC330)Money and Banking (ECIF350)International Banking (ECIF482)Postgraduate CoursesCommercial Bank Management (MFIN616)China Business Seminar and Field Study (IMBB110)

研究领域

FinTechEntrepreneurial financeCorporate financeBankingInnovation

Research ProjectsUniversity Governance in China – Phase 1, funded by the Specialized Subsidy Scheme for Macao Higher Education Institutions in the Area of Research in Humanity and Social Science, 2019Responsible Investing in the Gaming Industry – Phase 1, funded by the Specialized Subsidy Scheme for Macao Higher Education Institutions in the Area of Research in Humanity and Social Science, 2019“新时代粤港澳大湾区协调发展机制体系研究”, 国家社会科学基金重大项目, 2018The Quality and Quantity of Bank Intermediation and Economic Growth: Evidence from Asia Pacific, funded by the Research Committee of University of Macau, 2017Innovation and corporate governance in China, funded by the Research Committee of University of Macau, 2016Study of CDS determinants and its relationship to financial stability, funded by the Research Committee of University of Macau, 2013Bank Efficiency and Stock Performance in the mainland China and Hong Kong, funded by the Research Committee of University of Macau, 2011Bank performance in Asia: pre and post financial crisis, funded by the Research Committee of University of Macau, 2011Banking Efficiency and Productivity Growth in Hong Kong and Macau, funded by the Research Committee of University of Macau, 2009Sources of Financial Innovations, funded by the Research Committee of University of Macau, 2008The Determinants of Bank Performance in China, funded by the Research Committee of University of Macau, 2008Chinese Banking Research Project, funded by the Seng Heng Bank Limited, 2007Bank Concentration and Retail Interest Rates in UK, funded by the Research Committee of University of Macau, 2006

近期论文

Fu, X., Lin, Y., Zhang, Y., Responsible investing in the gaming industry. Journal of Corporate Finance, 64, 101657, 2020Fu, X., Bao. Q., Xie, H., Fu, X.L., Diffusion of Industrial Robotics and Inclusive Growth: Labour Market Evidence from Cross Country Data. Journal of Business Research, 2020, https://doi.org/10.1016/j.jbusres.2020.05.051Fu, X.L., Buckley, P.J., Fu, X., The Growth Impact of Chinese Direct Investment on Host Developing Countries. International Business Review, 29 (2), 101658, 2020Fu, X., Li, M.C., Molyneux, P., Credit default swap spreads: market conditions, firm performance, and the impact of the 2007–2009 financial crisis. Empirical Economics，2020, https://doi.org/10.1007/s00181-020-01852-0.Fung, K.C., Aminian, N., Fu, X., Rhee, J.H., & Tung, C.Y., Silicon trade policies” and a comparative analysis of China-U.S. and Japan-U.S. trade conflicts, Journal of Chinese Economic and Business Studies, 2020, DOI: 10.1080/14765284.2020.1731785Fung, K.C., Aminian, N., Fu, X., and Tung, C.Y., Digital silk road, Silicon Valley and connectivity, Journal of Chinese Economic and Business Studies, 16, 313-336, 2018Lin, Y., Fu, X., Gu, X., and Song, H., Institutional ownership and return volatility in the casino hospitality industry. International Journal of Tourism Research, 20, 204-214, 2018Fu, X., Lin, Y., Molyneux, P., The Quality and Quantity of Bank Intermediation and Economic Growth: Evidence of Asia Pacific. Applied Economics, 50, 4427-2226, 2018Fung, K.C., Aminian, N., Fu, X., and Kornhohen, I., Internationalization of the Use of Chinese Currency: Perspectives from the New and the Ancient Silk Roads. Journal of Chinese Economic and Business Studies, 16, 1-16, 2018Li, M.C. and Fu, X., Determinants of Credit Default Swap Spreads: A Four-Market Panel Data Analysis. Journal of Finance and Economics, 5, 9-31, 2017Lin, Y. and Fu, X., Does institutional ownership influence firm performance? Evidence from China. International Review of Economics and Finance, 49, 17-57, 2017Fu, X., Lin, Y., and Molyneux, P., Bank Capital and Liquidity Creation in Asia Pacific. Economic Inquiry, 54, 966-993, 2016Fu, X., Lin, Y., and Molyneux, P., Bank Competition and Financial Stability in Asia Pacific. Journal of Banking and Finance, 38, 64-77, 2014Fu, X., Lin, Y., and Molyneux, P., Bank Efficiency and Shareholder Value in Asia Pacific. Journal of International Financial Markets, Institutions, and Money, 33, 200-222, 2014Heffernan, S.A., Fu, X.L., and Fu, X., Financial Innovations in the UK, Applied Economics, V45, 3400-3411, 2013Fu, X. and Sio, U., Economies of Scale and Scope in Macau’s Banking Sector, Banks and Bank Systems, V4, 88-95, 2011Fu, X. and Vong, I.L., Bank Efficiency and Productivity Change in Hong Kong and Macao, Macao Monetary Research Bulletin, 18, 109-139, 2011Fu, X. and Heffernan, S.A., Determinants of Financial Performance in Chinese Banking, Applied Financial Economics, V20, 1585-1600, 2010Fu, X., Competition in Chinese Commercial Banking, Banking and Finance Review, V1, 1-16, 2009Heffernan, S.A. and Fu, X., The Structure of Retail Markets: What Do We Learn from Bank-Specific Rates? Applied Financial Economics, V19, 1885-1898, 2009Fu, X. and Heffernan, S.A., The Effects of Reform on China’s Bank Structure and Performance, Journal of Banking and Finance, V33, 39-52, 2009Fu, X. and Heffernan, S.A., Economies of Scale and Scope in China’s Banking Sector, Applied Financial Economics, V18, 345-356, 2008Fu, X. and Heffernan, S.A., Cost X-efficiency in China’s Banking Sector, China Economic Review, V18, 35-53, 2007Ng, S.U. and Fu, X., Market Structure and Performance in Macau Banking, Euro Asia Journal of Management, V17, 61-78, 2007Selected Books and Book ChaptersFu, X., Lin, Y., and Molyneux, P., Bank Competition, Efficiency and Liquidity Creation in Asia Pacific. London: Palgrave Macmillian, 2015Heffernan, S.A. and Fu, X., Bank Structure and Performance in the UK, in Vallelado, E. and P. Molyneux (ed.), Size and Efficiency in the European Banking Industry. COMARES, 2007Fu, X. et al. 《现代银行业—中国人民银行干部培训翻译教材丛书》(chief translator). (Modern Banking, by S.A. Heffernan – used as a textbook for training the central bank staff in China). Beijing: China Financial Publishing House, 2007Selected Conference PapersLi, D., Fu, X.,(2018). The efficiency of university technology transfer in China, proceedings of the 2018 CEA Annual Conference, Edinburgh, UK.Lin, Y., Fu, X., Fu, X.L.,(2016). Innovation and ultimate controlling shareholders in China: Should the state shrink itself to residuals? Research Workshop co-organized by the Technology and Management Centre for Development and the Said Business School, University of Oxford, UK.Li, M.C. and Fu, X.,(2016). Determinants of Credit Default Swap Spreads: A Three-Market Panel Data Analysis, proceedings of the World Finance & Banking Symposium, Dubai, UAE.Fu, X., Lin, Y., Molyneux, P.,(2016). Bank Performance and Economic Growth in Asia Pacific, proceedings of the Research Seminar Series, BOFIT, Bank of Finland, Helsinki, Finland.Lin, Y. and Fu, X., Does Institutional Ownership Influence Firm Performance? Evidence from China, proceedings of the Asian Finance Association Annual Conference, Changsha, China, 2015Fu, X., Lin, Y., Molyneux, P., Bank Capital and Liquidity Creation in Asia Pacific, proceedings of the Western Economic Association Annual Meeting, Denver, US, 2014Fu, X., Lin, Y., Molyneux, P., Bank Efficiency and Shareholder Value in Asia Pacific, proceedings of the Asia Finance Association Annual Meeting, Bali, Indonesia, 2014Fu, X., Lin, Y., Molyneux, P., Bank Competition and Financial Stability in Asia Pacific, proceedings of the Research Seminar Series, BOFIT, Bank of Finland, Helsinki, Finland, 2013Heffernan, S. A. and X. Fu, Bank Productivity Changes in two Asian Giants, proceedings of the Conference on Economic and Financial System Development in the Pacific-Rim Region, Honolulu, US, 2012Heffernan, S. A. and Fu, X., Bank Productivity Changes in two Asian Giants, presented at the Asian Finance Association Annual Conference, Macau, 2011Fu, X. and Vong, A., Bank Efficiency and Productivity Growth in Hong Kong and Macau, proceedings of the 21st CEA (Europe/UK) Annual Conference, Oxford, UK, 2010Heffernan, S. A. and Fu, X., Financial Innovations in the UK, proceedings of the 58th Annual Conference of the Midwest Finance Association, Chicago, US, 2009Heffernan, S. A. and Fu, X., The Determinants of Bank Performance in China, proceedings of the 21st Annual Australasian Finance and Banking Conference, Sydney, Australia, 2008Heffernan, S. A. and Fu, X., Structure-Performance Evidence on UK Retail Bank Pricing, The 16th European Financial Management Association Conference, 2007Heffernan, S. A. and Fu, X., UK Structure and Performance using Bank-Specific Rates, The 15th Conference on the Theories and Practices of Securities and Financial Markets, 2007Fu, X. and Heffernan, S. A., Bank Structure and Performance in the UK, Annual Wolpertinger Conference, 2006Fu, X. and Heffernan, S. A., The Effects of Reform on China’s Bank Structure and Performance, The 30th Anniversary Conference of the Journal of Banking and Finance, 2006Fu, X. and Heffernan, S. A., China: The Effects of Bank Reform on Structure and Performance, The 18th Annual Australian Finance and Banking Conference, 2005Fu, X. and Heffernan, S. A., X-efficiency in China’s Banking Sector, Research Seminar, The Financial Services Authority (UK), 2004Fu, X. and Heffernan, S. A., Economies of Scale and Scope in China’s Banking Sector, Annual Wolpertinger Conference, 2004Selected Working Papers and Other PublicationsLin, Y., Fu, X., Fu, X.L., Innovation and ultimate controlling shareholders in China: Should the state shrink itself to residuals?Li, D., Fu, X., The efficiency of university technology transfer in China