Yuanshun Li
Associate Professor
Interim Chair, Finance
Ted Rogers School of Management
School of Accounting and Finance
Toronto, Ontario
yuanshunli@torontomu.ca
Office:
(416) 979-5000 ext. 6711
Expert In
Accounting and finance
Corporate governance
Derivatives
Energy finance
Game theory
Infrastructure project finance
Mergers and acquisitions
Pension fund management
Public-private partnership models
Real option investment decisions
Strategic investment decisions
Structured financial products
Theme: Future of work
Bio/Research
Professor Li’s research covers the intersection of theoretical and empirical real option applications in corporate finance and infrastructure project finance. His work in game theoretic real option models shows the optimal decisions for firms with large irreversible capital investments in a compe...
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Bio/Research
Professor Li’s research covers the intersection of theoretical and empirical real option applications in corporate finance and infrastructure project finance. His work in game theoretic real option models shows the optimal decisions for firms with large irreversible capital investments in a competitive vs. cooperative setting (e.g. the oil & gas industry or the real estate industry). His recent work in real option risk analysis applies to a research project for PPP (public-private partnership) Canada, analyzing and comparing the residual value risk of a PPP model vs. that of a traditional DBB (Design-Bid-Build) model for public projects, focusing on large infrastructure projects, recently published in the Journal of Infrastructure Systems (2018).
Professor Li’s research in corporate governance investigates a unique governance feature, the two-tier board structure (i.e., the supervisory board and the management board), used by firms publicly listed in the Chinese stock market. His work shows the two-tier board structure has profound implications for firms’ risk-taking behaviour, and their reactions to the stock market regulatory compliance and enforcement. These findings are published in Journal of Business Ethics (FT top 50), and other leading academic journals including European Journal Finance, Review of Quantitative Finance and Accounting. Professor Li also co-authored a chapter, “Institutional shareholders and executive compensation: An ethical view”, in the book titled, Entrepreneurship, Finance, Governance and Ethics (Springer 2013).
Professor Li’s recent research interests include behavioral investing, structured financial products and hedge fund management. His recent publications include
Do the Underlying Portfolios Matter? A Comparative Study of Equity-linked Pay-at-Maturity Principal Protected Notes in Canada and UK, forthcoming in Journal of Risk and Financial Management, 2022
Exploring Industry Level Fairness of Auto Insurance Premiums by Statistical Modelling of Automobile Rate and Classification Data, forthcoming in Risks 2022
Investor attention and stock returns under negative shocks: an empirical analysis based on “Dragon and Tiger” list in China, Journal of Business Economics and Management, 2020
Professor Li received the 2021 Ted Rogers School of Management Teaching Innovation Award. He has been serving as a member of the reviewer board since 2021 for Journal of Risk and Financial Management.
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Professor Li’s research in corporate governance investigates a unique governance feature, the two-tier board structure (i.e., the supervisory board and the management board), used by firms publicly listed in the Chinese stock market. His work shows the two-tier board structure has profound implications for firms’ risk-taking behaviour, and their reactions to the stock market regulatory compliance and enforcement. These findings are published in Journal of Business Ethics (FT top 50), and other leading academic journals including European Journal Finance, Review of Quantitative Finance and Accounting. Professor Li also co-authored a chapter, “Institutional shareholders and executive compensation: An ethical view”, in the book titled, Entrepreneurship, Finance, Governance and Ethics (Springer 2013).
Professor Li’s recent research interests include behavioral investing, structured financial products and hedge fund management. His recent publications include
Do the Underlying Portfolios Matter? A Comparative Study of Equity-linked Pay-at-Maturity Principal Protected Notes in Canada and UK, forthcoming in Journal of Risk and Financial Management, 2022
Exploring Industry Level Fairness of Auto Insurance Premiums by Statistical Modelling of Automobile Rate and Classification Data, forthcoming in Risks 2022
Investor attention and stock returns under negative shocks: an empirical analysis based on “Dragon and Tiger” list in China, Journal of Business Economics and Management, 2020
Professor Li received the 2021 Ted Rogers School of Management Teaching Innovation Award. He has been serving as a member of the reviewer board since 2021 for Journal of Risk and Financial Management.
Click to Shrink <<