QIAN Meijun
中文
QIAN Meijun
QIAN Meijun

Faculty & Scholars

QIAN Meijun

QIAN Meijun

Academic Dean (Adjunct)
Professor of Finance

QIAN Meijun is currently the Academic Dean (Adjunct) at ZIBS and a Fellow at the Wharton Financial Institute Center. She was a tenured full professor at the Australian National University, Academic Board Steering Committee, Executive Director of the China in the World Center, Association Professor, Assistant Professor at the National University of Singapore, and periodically visiting scholar at the University of Chicago and University of Southern California and consulting economist at Asian Development Bank. She is a Review Committee member for the Journal of International Business Studies (UTD 24, ABS 4*, JCR Q1), co-editor for Emerging Markets Review (JCR, Q1), and an independent director of Spruce Asset Management and Academia Capital Management. Professor QIAN is an expert on comparative financial systems, economic development, financial institution risk and regulation, financing firms, international capital flows and risks; focusing on the cross-economy differences in financial and how institutions, cultures, social structures, and technological advances influence behaviours and outcomes of firms, institutions, investors, and regulators.
  • Education
    • 2006, Ph.D. in Finance, Boston College
    • 2000, M.A. in Finance (Phi Kappa Phi), University of Mississippi
    • 1998, Bsc. in Mathematics & Economics, Peking University
  • Work Experience
    Academics
    • 2022 – Present, Academic Dean (Adjunct), Zhejiang University International Business School
    • 2015 – 2022, Professor, Associate Professor, Australian National University, Academic Board Steering Committee; Executive Director, China in the World Centre
    • 2006 – 2015, Assistant Professor of National University of Singapore
    • 2005 – Present, Fellow of Wharton Financial Institute Center
    • 2019, Visiting Scholar of University of Chicago (Booth, BFI)
    • 2014, Visiting Scholar of University of Chicago (Booth, BFI)
    • 2010 – 2011, Visiting Scholar of University of Southern California
    Financial Industry and Policy Field
    • 2022, Mentor (China Capability), Department of Foreign Trade and Affairs, Australia
    • 2016 – Present, Independent Director, Spruce Light Assets Management
    • 2016 – 2019, Independent Director, Academia Capital Management
    • 2015, Economist Consultant of Asian Development Bank
  • Publications
    Journal Articles
    • Pan, Xiaofei and Meijun Qian, 2023. “ Firm Financing through Insider Stock Pledges”. Review of Finance, forthcoming.
    • Allen, Franklin, Meijun Qian, and Jing Xie, 2022. “Implicit Benefits and Financing”. Journal of Financial Intermediation, 52, 101000.
    • Michaely, Roni and Meijun Qian, 2022. “Does Stock Market Liquidity Affect Dividend Policy?” Pacific-Basin Finance Journal, 74, 101788.
    • Allen, Franklin, Jun Qian, and Meijun Qian, 2019.  “A Review of China's Institutions”. Annual Review of Financial Economics, 11, 39–64.
    • Allen, Franklin, Meijun Qian, and Jing Xie, 2019. “Understanding Informal Financing”. Journal of Financial Intermediation, 39, 19–33 (the second most cited JFI article published since 2018).
    • Cao, Jerry, Michael Lemmon, Xiaofei Pan, Meijun Qian, and Gary Tian, 2019. “Political Promotion, CEO Incentives, and the Relationship between Pay and Performance”. Management Science, 65(7), 2947–3448.
    • Deng, Xiaoying Seow Eng Ong, and Meijun Qian, 2018. “Real Estate Risk, Corporate Investment and Financing Choice”. Journal of Real Estate Finance and Economics, 57(1), 87–113.
    • Huang, Yasheng and Meijun Qian, 2018. “How Gradualist Are Chinese Reforms? Evidence from Rural Income Determinants”. European Journal of Finance, 24, 19–35.
    • Qian, Meijun and Basak Tanyeri, 2017. “Litigations and Mutual Fund Runs”.  Journal of Financial Stability, 31, 119–135 (semi-finalist for the Best Paper Award at FMA 2011).
    • Cao, Jerry, Xiaofei Pan, Meijun Qian, and Gary Tian, 2017. “Political Capital and CEO Entrenchment: Evidence from CEO Turnover in Chinese Non-SOEs”.  Journal of Corporate Finance, 42, 1–14 (lead article).
    • Qian, Meijun and Yasheng Huang, 2016. "Political Institutions, Entrenchments, and the Sustainability of Economic Development: A Lesson from Rural Finance". China Economic Review, 40, 152–178.
    • Qian, Meijun and Bernard Yeung, 2015. "Bank Financing and Corporate Governance". Journal of Corporate Finance, 32, 258–270.
    • Cao, Jerry, Douglas Cummings, Meijun Qian, and Xiaoming Wang, 2015. "Cross-Border LBOs". Journal of Banking and Finance, 50, 69–80.
    • Allen, Franklin, Rajesh Chakrabarti, Sankar De, Meijun Qian, and Jun Qian, 2012. "Financing Firms in India". Journal of Financial Intermediation, 21(3), 409–445 (the second most cited JFI articles published since 2012).
    • Qian, Meijun, 2011. "Is 'Voting with Your Feet' an Effective Mutual Fund Governance Mechanism?" Journal of Corporate Finance, 17(1), 45–61(Summarized by Jot K. Yau in CFA Digest 41(2), 10–11, 2011).
    • Qian, Meijun, 2011. "Stale Prices and the Performance Evaluation of Mutual Funds". Journal of Financial and Quantitative Analysis, 46(2), 369–394.
    • Allen, Franklin, Jun Qian, and Meijun Qian, 2005. "Law, Finance, and Economic Growth in China". Journal of Financial Economics, 77, 57-116.  (JFE Hall of Fame, 1974–2012, the 14th most cited).
    • Ferson, Wayne and Meijun Qian, 2004. "Conditional Performance Evaluation, Revisited". Monograph by The Research Foundation of CFA Institute, September 2004. ISBN: 0943205700.

    Books & Book Chapters
    • Research Handbook of Alternative Finance, edited by Franklin Allen and Meijun Qian, Edward Elgar Publishing, London, 2023, forthcoming. 

    Policy Commentaries
    • Qian, Meijun, “China’s regulatory restructuring targets conflicting roles”, Nikkei Asia, March 17, 2023.
    • Allen, Franklin, Meijun Qian, and Jing Xie, “Is Relationship-Based Lending Really the Second Best?” World Bank, All about Finance, June 2022.
    • Qian, Meijun, “Do We Understand China? A Lesson from Dealing with COVID-19”, The China Story, June 12, 2020.
    • Qian, Meijun, “Rethinking State Ownership”, East Asian Forum, May 2020.
    • Qian, Meijun, “China’s Incomplete Financial Reform”, East Asian Forum, December 2019.
    • Allen, Franklin, Meijun Qian, and Jing Xie, “The Power of Family and Trade Finance in Growing Wealth: How Family and Business Networks Can Help Solve the Low Wealth QiAccumulation and Poor Capital Market Trap,” with Franklin Allen and Jing Xie. See Far, Wells Fargo Advisors Center for Finance and Accounting Research (WFA-CFAR), 2018. 
    • Qian, Meijun “Why S-Chip Fraud Cases Keep Cropping Up?”, The Business Times, February 17, 2012.
    • Qian, Meijun “Stale Pricing a Possible Cause of Underperforming Mutual Funds”, The Business Times, December 7, 2011.     
    • Qian, Meijun, “Fixing the SME Financing Gap”, The Business Times, Nov 25, 2010.
    • Qian, Meijun, “How China Grows Economically”, The Business Times, Feb 25, 2010. 
  • Research Grants
    • 2018, Australian ARC, DP190103511: “Transport and Productivity, a Study on Australia's Largest Trading Partner” 
    • 2017, College Research Committee Grant on Gender Equity Scheme, CBE, ANU
    • 2017, College ARC Reward Scheme, CBE, ANU
    • 2016, Research School Grant, CBE, ANU
    • 2014, Humanity and Social Science Seed Funding (MOE, Singapore)
    • 2012, Research Grant, Centre for Governance, Institutions & Organizations (CGIO)
    • 2011, Academic Research Fund, the Ministry of Education in Singapore
    • 2010, Academic Research Fund, the Ministry of Education in Singapore
    • 2007, Academic Research Fund, the Ministry of Education in Singapore
    • 2003, Research Grant by the Research Foundation of CFA Institute
  • Research Interests
    • Comparative Financial System
    • Law, Institutions, Finance, and Economic Growth
    • Banks, Financial Institution, and Markets
    • Political Economy and Sustainability
    • Comparative Business System and Corporate Governance
  • Teaching Courses
    • Asian Capital Markets (Masters)
    • Financial Institutions and Markets
    • Basic Finance
    • Empirical Corporate Finance (Ph.D.)
    • Empirical Methods (Ph.D.)
    • Corporate Valuation
  • Awards & Honors
    • 2014, Singapore’s 12 most influential business professors under 40, Singapore Business Review.
    • 2014, Runner-up, FMA, “Litigation and Mutual Fund Runs.”
    • 2011, Best Paper Award in Corporate Governance at the 2nd Finance and Corporate Governance Conference, Melbourne, Australia.
    • 2006, Second Prize, Best Paper Award at the 12th Annual Chinese Finance Association. Conference, Boston, October. “China’s Financial System: Past Present, and Future.”
    • 2005, NYSE grant at the Western Finance Association, Portland, OR.
    • 2005, S&P consortium at the Financial Management Association, Chicago, IL.
    • 2005, American Finance Association travel grant, Philadelphia, PA.
QIAN Meijun