Donghui Li

Senior Lecturer and Assistant Director of Undergraduate Studies
BEc Wuhan, MCom PHD UNSW

 

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  Quadrangle Room: Q3070
Phone Number: +61 2 9385 5873
Fax Number: +61 2 9385 6347

E-Mail Addresss: donghui@unsw.edu.au

 

Research Interests

  • Firm Bankruptcy
  • Investment Banking

  • International Finance 

  • Initial Public Offerings

  • Mergers and Acquisitions

  • Managerial Compensation

  • Diversification and Globalization

  • Institutional Shareholding and Firm Value

  • Chinese and Australian Corporate Governance

  • Financial Firms (Banks and Insurance Companies)

Publications

1).  The Determinants of Intra-Industry Trade in Insurance Services, Journal of Risk and Insurance, 70 (2), 269-287, 2003 (with F., Moshirian and A., Sim).

2).  International Investment in Insurance Services in the US, Journal of Multinational Financial Management, 14 (3), 249-260, 2004 forthcoming (with F., Moshirian).

3).  Intra-Industry Trade in Financial Services, Journal of International Money and Finance, 2004 forthcoming (with F., Moshirian and A., Sim).

Published Books:

Financial Auditing in China, 1995, Communist Party Central Supervision Committee Publishing House.

Papers under Reviews of Refereed International Finance Journals

1). Intra-Industry Impacts of the Privatization of Bank of China in Hong Kong (with Chen and Moshirian).

2). Corporate Governance and Globalization: An Analysis of CEO Compensation in China (with Moshirian, Nguyen, and Tan).

3). Dividend Changes in Japan (with Nguyen).

4). Post IPO Firm Performance and Managerial Ownership in China (with Tan).

5). Cross-border Mergers and Acquisitions (M&As) in Insurance Industry (with Rosswick).

6). Demand for Life Insurance (with Wee).

Working Papers

1). Foreign Life Insurance Participation in OECD Countries (with Wee).

2). Exchange Rate Exposure of Insurance Companies (with Wee).

3). Corporate Governance and Institutional Investment around the World (with Zein)

4). Globalization of Firms (with Zein)

5). Foreign Shareholding and Stock Volatility in China (with Chen).

Papers Accepted at Conferences

1). An Econometric Analysis of Foreign Direct Investment in Insurance Services, presented at the 13th Australasian Finance Conference (Dec 2000, Sydney), held by the University of New South Wales and Conference of Money and Finance in Transition – Research in Contemporary and Historical Finance, (February 2001, Sydney), held by the University of Western Sydney.

2). The Impact of Exchange Rates, Stock Markets and Interest Rate Volatility on International Insurance Trade Flows, accepted at the 8th Annual Conference of the Multinational Finance Society (May 2001, Italy), held by the State University of New Jersey (Rutgers).

3). Foreign Insurance Companies in Japan, presented at the 14th Australasian Finance Conference (Dec 2001, Sydney), held by the University of New South Wales.

4). Privatization of Bank of China in Hong Kong, World Bank Conference (Nov 2003, Washington).

Papers Currently Working

1). Mergers and Acquisitions (M&As) by Business Groups in China –Value-enhancing or Tuneling? (with Cole).

2). Price Discovery in Chinese Stock Exchanges between A-, B-, and H-Shares (with Yang).

3). Market Micro-Structure in China (with Chen).

4). Insurance M&As and CEO Compensation (with White).  

5). The Impacts of Exchange Rate and Interest Rate Volatility on the US Trade Flows (with Milunovich)

6). Forced CEO Turnover and Firm Performance in Australia (with Pham)

7). IPO Listings around the World (with Ng)

8). Information Flows for Three Market Listing Firms – Trivariate GARCH Approach

9). Institutional Allocation of IPOs (with Pham).

10). Foreign shareholding and stock volatility around the world (with Kwong)

Referee for the Following Finance Journals

Journal of Banking and Finance

Journal of Multinational Financial Management

Other Information

Dr. Donghui Li worked in the Chinese financial market (Bei Jing) for three years before he came to Sydney in 1996.

Dr. Donghui Li seeks to establish finance research co-operations between Chinese, the US and Australian universities.  He also seeks to link the financial market thoughts in all countries' finance industries.  In addition, he has been serving as a seminar presenter for a couple of Chinese business, education and government delegates to Sydney.  At his leisure time, he enjoys reading novels, traveling and swimming.

Dr. Donghui Li's education includes a Bachelor of Accounting and Economics (1993) at Wuhan University (Wuhan, China), a Master of Commerce  (Specialized in Advanced Finance, 1997) and a Doctor of Philosophy in Finance (2001) at The University of New South Wales (Sydney, Australia).