Weiping Li, PhD(in Finance)
Associate Professor
Contact Details
Tel: 85902315
Email: wpli@cityu.edu.mo
WOS Researcher ID: GWM-8357-2022
Scopus ID: 56718706300
ORCID: 0000-0002-2203-1049
Academic Qualifications
Ph.D. (Finance), Department of Economics and Finance, City University of Hong Kong
Master, Business School, Sichuan University
Bachelor, Business School, Sichuan University
Biography
Dr. Li Weiping is currently an associate professor at the Faculty of Finance, City University of Macau. He holds a Ph.D. in Finance from City University of Hong Kong. Before joining City University, he served as an assistant professor at the International School of Business & Finance at Sun Yat-sen University. Dr. Li's main research interests include corporate finance, green finance, digital finance, and cultural finance. He has published numerous papers in international SSCI/SCI journals such as the Journal of Financial Stability, Journal of International Financial Markets, Institutions and Money, Business Strategy and the Environment, Energy Economics, Humanities and Social Sciences Communications (Nature Series), Pacific-Basin Finance Journal, International Review of Economics and Finance, and Accounting & Finance. He is the principal investigator of a project funded by the Natural Science Foundation of Guangdong Province. In addition to his academic role, he serves as a young editorial board member of China Journal of Accounting Research(ESCI Q1). He is also a member of the Center for China’s Governmental Auditing Research (CCGAR) at the Southwest University of Finance and Economics. Furthermore, he is an esteemed member of the Young Scholars Committee within the Accounting Academic Alliance in China. He is also the special appointed professor at Business School, Taishan University.
Please visit his Google scholar for more information(https://scholar.google.com.hk/citations?user=-IFsMDgAAAAJ&hl)
Supervision
I am deeply committed to mentoring students and fostering a collaborative research environment. I extend an enthusiastic invitation to undergraduate, postgraduate, and PhD students who are passionate about academic research and aspire to pursue a faculty position in the future. If you are eager to engage in scholarly endeavors and seek guidance on your academic journey, please do not hesitate to reach out. I have supervised and cooperate with my student to publish a series famous SSCI journals, like Journal of Financial Stability(SSCI Q1, ABS3), Business Strategy and the Environment(SSCI Q1, ABS3), Energy Economics(SSCI Q1, ABS3), Journal of Accounting Literature(ABS3), 会计研究(CSSCI), Emerging Markets Review(SSCI Q1).
Welcome the PhD students and scholars to visit and we can cooperate together.
Teaching Areas
· Principal of Management, Contemporary Topics in Finance
Research Areas
· Corporate Finance, Green Finance, Digital Finance, and Cultural Finance.
Academic Work Experience
- 2024- ： Associate Professor, Faculty of Finance, City University of Macau
- 2020-2024：Assistant Professor, International School of Business & Finance, Sun Yat-sen University
- 2020-2020：Visiting research scholar, Stuart School of Business, Illinois Institute of Technology
- 2016-2017：Research Assistant, School of Accounting and Finance, Hong Kong Polytechnic University
Academic services
- Editorial board member: China Journal of Accounting Research(ESCI Q1)
- Special Research at Center for China's Governmental Auditing Research, Southwest University of Finance and Economics
- Young Scholars Committee within the Accounting Academic Alliance in China
- Guest professor at Business School, Taishan University
Selected Academic Publications
Research area1：ESG, ESG greenwashing, ESG divergency
[1] Li, Weiping, Zhuowei Mao, Xiaohang Ren, and Jing Liang, Retail investor attention: Guardian of corporate ESG integrity or catalyst for greenwashing?, Energy Economics(SSCI Q1, ABS3), 2025, 144: 108361.
[2] Xiao Zhongyi, Chen Haitao, & Li Weiping*, Shum Waiyan. (2025). The ethical impact of audit firm’s confucianism on corporate fraud: Evidence from China. Managerial Auditing Journal(SSCI Q2, ABS2), accepted..
[3] Li Weiping, Shi Chang*, Xiao Zhongyi, Zhang Xuezhi. Bridging the green gap: How digital financial inclusion affects corporate ESG Greenwashing[J]. Finance Research Letters(SSCI Q1), 2024: 106018.
[4] Li Weiping, Chen Sihan, Gao Zhuxin, Chen Xiaoqi*. Assessing the impact of corporate environmental performance on efficiency improvement in labor Investment[J]. Business Strategy and the Environment(SSCI Q1, ABS3), 2023, 32(7): 5008–5024.
[5] Chen Chunhua, Jiang Dequan, Li Weiping*. Keeping up with the CSR joneses: The impact of industry peers on focal firms’ CSR performance[J]. Humanities and Social Sciences Communications(SSCI Q1, Nature Series), 2023, 10(1): 1–12.
[6] Jiang Dequan#, Li Weiping#, Shen Yongjian, Yao Zhenye. Market liberalization and tax avoidance: Evidence from the Shanghai-Hong Kong Stock Connect Program in China [J]. Economic Systems(SSCI Q1), 2020, 44(3): 100811.
Research area 2：ESG related policies
[7] Chen Xiaoqi, Li Weiping*, Torsin Wouter, Tsang Albert. Dividend policy under mandatory ESG Reporting[J]. Journal of International Financial Markets, Institutions and Money(SSCI Q1, ABS3), 2024, 93: 101986.
[8] Li Weiping, Chen Xiaoqi, Huang Jiashun, Gong Xu, Wu Wei*. Do environmental regulations affect firm's cash holdings? Evidence from a quasi-natural experiment[J]. Energy Economics(SSCI Q1, ABS3), 2022, 112: 106151.
[9] 宋子龙, 陈思晗, 李伟平*, 等, 2025. 平衡之道：碳减排压力如何推动企业重构债务融资渠道[J]. 会计研究(3): 113-129.
[10] Li Weiping, Chen Xiaoqi, Yuan Tao. Green credit policy and corporate cash holdings: Evidence from China[J]. Accounting & Finance(SSCI Q1), 2023, 63(S2): 2875–2903.
[11] Chen Xiaoqi, Li Weiping*, Chen Zifang, Huang Jiashun*. Environmental regulation and real earnings management—Evidence from the SO2 emissions trading system in China [J]. Finance Research Letters(SSCI Q1), 2022, 46: 102418.
Research area 3：Climate risk
[12] Li Weiping, Zhang Xuezhi, Cheng Shuyi*, Ren Xiaohang*. Clear the air via dividends: Corporates’ response to air Pollution[J]. Business Strategy and the Environment(SSCI Q1, ABS3), 2024, 33(4), 3383–3396.
[13] Li Weiping, Xiao Zhongyi, Huang Yinglin*, Wu Haili. Breathing life into equity: How air pollution influences corporate pay gap. Journal of Environmental Management(ABS3, SCI Q1), 2024: 372, 123298.
[14] Jiang Dequan, Li Weiping#, Shen Yongjian, Yu Shuangli. Does air pollution affect earnings management? Evidence from China [J]. Pacific-Basin Finance Journal(SSCI Q1), 2022, 72: 101737.
[15] Jiang Dequan, Li Weiping, Shen Yongjian, Zhang Ying. Does air quality affect firms’ investment efficiency? Evidence from China [J]. International Review of Economics & Finance(SSCI Q1), 2022, 79: 1-17.
Research area 4：Digital Finance and digital economics
[16] Li Weiping Li, Li Yue, Fan Youqing, and Wang Wenlan*. Weaving Technology with Culture: Revealing the Impact of Collectivism Culture on Digitalization. Journal of Accounting Literature(ABS3, SSCI Q2). 2025, forthcoming.
[17] Li Weiping, Li Tingyu, Jiang Dequan*, Zhang Xuezhi. Bridging the information gap: How digitalization shapes stock price Informativeness[J]. Journal of Financial Stability(SSCI Q1, ABS3), 2024, 71: 101217.
[18] Wang Jiancheng, Chen Jialing*, Li Xiaoying, Li Weiping*. Impact of broadband acceleration on Employment[J]. Technological Forecasting and Social Change(SSCI Q1, ABS3), 2024, 202, 123290.
Research area 5：Investment efficiency, corporate governance
[19] Li Weiping, Zhang Hanfang, Xia Jingjing. The perils of popularity: Retail investor attention and misguided M&As. Emerging Markets Review(SSCI Q1), 2025, forthcoming.
[20] Li, Yuanling, Zhongyi Xiao, Fei Shen, Hanbing Zou, and Weiping Li*, Financing the firm or fueling risk? How share-pledged loans for corporate use shape corporate performance, North American Journal of Economics and Finance(SSCI Q1), 2025, 78:102421.
[21] Yin Wenjing, Li Weiping, Yu Yumiao*. The effect of institutional Cross-ownership on corporate risk-taking in a transitional Economy[J]. Pacific basin Finance Journal(SSCI Q1), 2024, 83: 102239.
[22] Yin Wenjing, Li Weiping, Yu Yumiao*. Being friendly directors: Board co-option and labor investment Efficiency[J]. Emerging Markets Finance and Trade(SSCI Q1), 2024: 1–26.
[23] Jiang Dequan, Lan Meng, Li Weiping, Shen Yongjian*. Threat or opportunity? Unveiling the impact of population aging on corporate labor investment Efficiency[J]. Pacific-basin Finance Journal(SSCI Q1), 2024, 85: 102322.
[24] Li Weiping, Xie Chenyuan, Liu Cai*. The power of the many: How retail investor attention reshapes corporate trade credit and bank Loans[J]. Finance Research Letters(SSCI Q1), 2024: 106217.
[25] Chen Chong, Jiang Dequan, Li Weiping*, Song Zilong*. Does analyst coverage curb executives’ excess perks? Evidence from Chinese listed firms [J]. Asia-Pacific Journal of Accounting & Economics(SSCI Q3), 2022, 29(2): 329-343.
[26] Li Weiping, Li Huirong, Sun Xuan*, Huang Tairan, The impact of directors’ and officers’ liability insurance on firm’s investment efficiency: Evidence from China[J]. Pacific Accounting Review(ESCI Q2), 2023. 35(4): 670–697.
[27] Chen Chunhua, Jiang Dequan, Lan Meng, Li Weiping, Ye Ling. Does environmental regulation affect labor investment Efficiency? Evidence from a quasi-natural experiment in China [J]. International Review of Economics & Finance(SSCI Q1), 2022, 80: 82-95.
[28] Cao Wei, Chen Chunhua, Jiang Dequan, Li Weiping, Zhang Ying. Industrial policy and non-financial corporations’ financialization: evidence from China [J]. The European Journal of Finance(ABS3, SSCI Q3), 2022, 28(4-5): 397-415.
Research area 6：State-owned enterprises, and regional economics
[29] Li Weiping, Lu Saite. Assessing structural transformation and the potential impacts of BRI projects in Africa[J]. European Journal of Development Research(SSCI Q2), 2024, forthcoming.
[30] Jiang Dequan#, Li Weiping#, Yu Junli, Zhang Ying. Do governmental policy interventions help urban economic recovery? Experimental evidence from China’s provinces governance amid the COVID-19 Pandemic[J]. Growth and Change(SSCI Q2), 2023, 54(2): 507–528.
[31] Huang Jiashun, Li Weiping*, Guo Lijia, Hall Jim W. Information and communications technology infrastructure and firm growth: An empirical study of China's cities [J]. Telecommunications Policy(SSCI Q1), 2022, 46(3): 102263.
[32] Keng Shu, Lee Chien-Chiang, Li Weiping, Shen Jim Huangnan. Bilateral Rent-Seeking and Growth of Fdi Inflow in China: Theory and Evidence [J]. Contemporary Economic Policy(SSCI Q2), 2020, 38(2): 359-379.
[33] Lu Saite, Shen Jim H., Li Weiping, Zhang Jun. A theory of economic development and dynamics of Chinese economy [J]. Economic Modelling(SSCI Q1), 2020, 86: 69-87.
[34] Shen Jim Huangnan, Zhang Jun, Lee Chien-Chiang, Li Weiping. Toward a theory of internal governance structure of China’s large SOEs [J]. Journal of Asian Economics(SSCI Q1), 2020, 70: 101236.
[35] Shen Jim Huangnan, Li Weiping, Lee Chien-Chiang. Unlocking the myths of size expansion in China’s large state‐owned enterprises: Theory and Evidence[J]. Managerial and Decision Economics(SSCI Q1), 2023, 44(2): 1264–1284.
Research Project
A study on the impact and mechanism of firm’s digitalization transformation on capital market pricing efficiency, Guangdong Basic and Applied Basic Research Foundation (PI, 150,000RMB)
Referee:
Journal of Business Ethics, Journal of Financial Stability, Journal of International Financial Markets, Institutions and Money, Business Strategy and the Environment, Energy Economics, Humanities and Social Sciences Communications (Nature Series), Pacific-Basin Finance Journal, International Review of Economics and Finance, International Review of Financial Analysis, and Accounting & Finance, Accounting Forum, Asia-pacific Journal of Financial Studies, Journal of Asian Economics, Economic Modelling, Asia-Pacific Journal of Accounting & Economics, North American Journal of Economics and Finance, Emerging Markets Finance and Trade and so on.