
LUO DanglunProfessor
Finance
TEL: 86-20-84112702
EMAIL: luodl@mail.sysu.edu.cn
Research Areas
Corporate Governance, Capital Market, Business Management
Education
Postdoctoral Research, Economics, Lingnan (University)College, Sun Yat-sen University, China 2008-2010
PhD, Accounting, School of Business, Sun Yat-Sen University, China 2005-2008
M.A, Accounting, School of Business, Sun Yat-Sen University, China 2002-2005
B.S., Accounting, School of Business, ZheJiang University, China 1998-2002
Professional Experiences
Working Experience
1.Professor, Lingnan (University) College, Sun Yat-sen University 2016-present
2.Associate Professor, Lingnan (University) College, Sun Yat-sen University 2012-2016
2.Lecturer, Lingnan (University) College, Sun Yat-sen University 2008.7-2010.11
Publications (https://www.mendeley.com/profiles/danglun-luo/publications/)
Liucongcong,Luo D*.(2025)Feeling the Heat: The Impact of Temperature Anomalies on Corporate Investment in China,Economic Modelling,forthcoming.
Luo, D,Siyu Zhang,Mingyang Xu.(2025)IPO Regulation and the Quality of Listed Firms.Journal of Accounting Literature,forthcoming.
Li, X., Cai, G., Luo, D,Zeng Y. (2025). GDP Manipulation, Cost of Equity, and Firm Performance. Journal of Business Finance and Accounting.2025,DOI: 10.1111/jbfa.12870
Guo Meng , Luo D* , Chen Liu.(2025).Opportunism in crisis: Big baths and COVID-19 disclosure,International Review of Financial Analysis, 2025,Volume 102, 104134
Siyu Zhang, Rongli Yuan, Yukun Li, Li Chen, &Luo, D. (2024). Local official turnover and bank risk-taking: Evidence from China. EMERGING MARKETS REVIEW, 63,101208.
Fang, F., Luo, D., Huang, Y. et al. How does regional GDP manipulation affect livelihood investment?. Humanit Soc Sci Commun 11, 1228 (2024). https://doi.org/10.1057/s41599-024-03735-6
Guo Meng , Luo D* , Chen Liu.City civilization, employment creation and talent agglomeration: Empirical evidence from “National Civilized City” policy in China,2024 China Economic Review, 87:102215
Luo D, Piao Z, Wu C, et al. Collateral damage: Evidence from share pledging in China[J]. International Review of Financial Analysis, 2024, 93: 103187.
Li, X., Cai, G., Lin, B., & Luo, D. (2024). Macroeconomic data manipulation and corporate investment efficiency: Evidence from China. International Review of Financial Analysis, 103322
Chen, YG ; Liu, Y ; Lin, KJ ;Luo, DL.Minority shareholder activism and its ex-ante monitoring role in corporate M&A decisions: Evidence from China[J].Pacific-Basin Finance Journal,2024:Volume 83
Huang, Yuexin;Li, Ruijing; Luo, DL;Yuan, Rongli.Political uncertainty and litigation efficiency: Evidence from China,[J]. Economics & Politics,2024,1-36
Ling L, Luo D*,Xiaoxia L,Xintong P,Looking Good by Doing Good: CEO Attractiveness and Corporate Philanthropy,China Economic Review,2022,volume 83。
Guilong Cai,Xiaoxia Li,Binxuan L in,Luo D,GDP manipulation, political incentives, and earnings management,Journal of Accounting and Public Policy,2022,Volume 41, Issue 5.
Luo D, Zhanfeng Wu, Jingsi Zhuo, Jianmei He,Market Misvaluation and Corporate Innovation: “Catering” or “Risk Aversion”? ——Empirical Evidence from China Capital Market,China Journal of Accounting Research,2022,Volume 15, Issue 3.
Lin Z , Luo D* , Zhang F F . Regional GDP Distortion and Analyst Forecast Accuracy: Evidence from China[J]. European Journal of Finance, 2021:1-24.
Xiaoxia Li, Guilong Cai, Luo D.GDP Distortion and Tax Avoidance in Local SOEs,International Review of Economics and Finance,69 (2020) 582–598
Luo D,Liucongcong,Wulifan.Horizontal Networks and Economic Performance: Evidence from City Leaders in China,[J]. Social Science Quarterly, 2020, :4:359-1373页
Ling L, Luo D*, Guoman S H E. Judging a book by its Cover: The influence of physical attractiveness on the promotion of regional leaders[J]. Journal of Economic Behavior & Organization, 2019, 158: 1-14.
Chen C R, Li Y, Luo D* , Zhang T.Helping hands or grabbing hands? An analysis of political connections and firm value[J]. Journal of Banking & Finance, 2017, 80: 71-89.
Chen J, Luo D*, She G, Ying Q. Incentive or selection? A new investigation of local leaders’ political turnover in China[J]. Social Science Quarterly, 2017, 98(1): 341-359.
Ying Q, Fan Y, Luo D, et al. Resources allocation in Chinese universities: hierarchy, academic excellence, or both?[J]. Oxford Review of Education, 2017, 43(6): 659-676.
Luo D, Tong N, She G. City‐level political uncertainty and city‐level IPO activities[J]. Accounting & Finance, 2017, 57(5): 1447-1480.
Johansson A C, Luo D, Rickne J, Zheng W. Government intervention in the capital allocation process: Excess employment as an IPO selection rule in China[J]. China Economic Review, 2017, 44: 271-281.
An H, Chen Y, Luo D, Zhang T.Political uncertainty and corporate investment: Evidence from China[J]. Journal of Corporate Finance, 2016, 36: 174-189.
Li W, Tsang E W K, Luo D, Ying Q,. It's Not Just a Visit: Receiving Government Officials’ Visits and Firm Performance in China[J]. Management and Organization Review, 2016, 12(3): 577-604.
Ying Q, Kong D, Luo D*. Investor attention, institutional ownership, and stock return: empirical evidence from China[J]. Emerging Markets Finance and Trade, 2015, 51(3): 672-685.
Gao Q, Ying Q, Luo D. Hidden income and occupational background: Evidence from Guangzhou[J]. Journal of Contemporary China, 2015, 24(94): 721-741.
Luo D, Ying Q. Political connections and bank lines of credit[J]. Emerging Markets Finance and Trade, 2014, 50(sup3): 5-21.
Li E Y, Chen Y, Luo D, et al. Political connections, entry barriers, and firm performance[J]. Chinese Management Studies, 2014.
Zheng S, Kahn M E, Sun W, Luo D. Incentives for China's urban mayors to mitigate pollution externalities: The role of the central government and public environmentalism[J]. Regional Science and Urban Economics, 2014, 47: 61-71.
Ying Q, Luo D, Chen J. The determinants of homeownership affordability among the ‘sandwich class’: Empirical findings from Guangzhou, China[J]. Urban Studies, 2013, 50(9): 1870-1888.
Research Grants
National Social Science Fund Project: "Research on Local officials and Resource Allocation," Grant No.15FJL010, 2015-2016
Natural Science Foundation of Guangdong Province: "Local officials, institutional Environment and Resource Allocation," Grant No.2014A030313118, 2015-2018
National Natural Science Foundation of China: "Economic Distortion and Enterprise Resource Allocation," Grant No.71872186, 2019-2022
Science and Technology Planning Project of Science and Technology Department of Guangdong Province: "Construction of Multi-Level Capital Market and Development of Real Economy in Guangdong-Hong Kong-Macao Greater Bay Area," Grant No.2019A101002103, 2019-2021
Natural Science Foundation of Guangdong Province: "A Study on the Motives and Economic Consequences of Large Shareholders' Equity Pledge," Grant No.2019A1515011409, 2019-2022
Visiting Experience
2019.07-2019.09 Visiting schola The University of Auckland
2012.08-2012.12 Visiting scholar, MIT Sloan School of Management
Visiting the Hong Kong University, Hong Kong University of Science and Technology, Hong Kong City University, Hong Kong Polytechnic University, Hong Kong Baptist University, Lingnan University to conduct academic exchanges and visits.
Referee Experience
"China's Finance and Accounting Research",
"Economic Research", "World Economy",
"World Economic Forum",
"Sun Yat-sen University (Social Science Edition) ",
"Financial Research",
"Nankai Business Review",
"Economy in the South",
"building management comments".
Awards and Honors
1.The Second Prize of Guangdong Philosophy and Social Science Excellence Award 2011
2.Guangdong Outstanding Doctoral Dissertation 2009
3.First Prize of China Real Estate Seminar Paper 2009
4.First Prize of Guangdong Social Sciences Academic Conference Paper, 2008
5.Second Prize of the 5th Bert Financial Research Achievements of Guangdong Finance Conference
Teaching
Accounting
Capital market