Dr Elizabeth Zhu

Senior Lecturer in Finance

School of Business

+61 7 334 68001

y.zhu5@uq.edu.au

Room 350, Colin Clark Building, St. Lucia Campus

Researcher biography

Dr Elizabeth Yushu Zhu is a Senior Lecturer at UQ Business School. She obtained her PhD from Australian National University in 2010. Elizabeth's research investigates empirical finance topics in corporate finance & governance, entrepreneurial finance (including crowdfunding), and banking. Her publications have appeared in various high-rated academic journals such as the Journal of Corporate Finance, Abacus, Accounting & Finance, Australian Journal of Management, British Accounting Review, China Economic Review, and Pacific-Basin Finance Journal. Her research has garnered several best paper awards from the British Accounting Review, the Australian Journal of Management A* or A-rated journals, and research grants. Currently, she serves as an editorial board member for the Australian Journal of Management. Elizabeth has supervised PhD students who are engaged in various research in the field of finance, including asset pricing, corporate finance, and climate finance, among others. She takes great pride in her students' achievements, which include publications in top journals, university medals, and AFAANZ Highly Commended PhD awards.

Publications

Book Chapter (1)

Journal Articles (22)

Book Chapter

Avkiran, Necmi Kemal and Zhu, Yushu (Elizabeth) (2016). Pitching DEA against SFA in the context of Chinese domestic versus foreign banks. Handbook of operations analytics using data envelopment analysis. (pp. 113-143) edited by Shiuh-Nan Hwang, Hsuan-Shih Lee and Joe Zhu. New York, NY, United States: Springer Science+Business Media. doi: 10.1007/978-1-4899-7705-2_5

Journal Articles

Fang, Hongxing, Chen, Linghong, Xiong, Jiacai and Zhu, Yushu (2024). Social trust and entrepreneurship: insights from China's Social Credit System. Finance Research Letters, 62 105118, 1-10. doi: 10.1016/j.frl.2024.105118

Xiong, Jiacai, Yang, Zelin and Zhu, Yushu (2024). Does information infrastructure curb corporate R&D manipulation? Evidence from China. Economics Letters, 235 111562. doi: 10.1016/j.econlet.2024.111562

Zheng, Jiayi and Zhu, Yushu (2023). Algorithmic trading and block ownership initiation: an information perspective. The British Accounting Review, 55 (4) 101146, 101146. doi: 10.1016/j.bar.2022.101146

Deng, Kebin, Ding, Zhong, Liao, Xiaojie and Zhu, Yushu (2021). Staged subsidies and corporate investments: evidence from Chinese listed firms. Pacific Basin Finance Journal, 68 101620, 101620. doi: 10.1016/j.pacfin.2021.101620

Zheng, Jiayi and Zhu, Yushu (2021). Chair–CEO trust and firm performance. Australian Journal of Management, 47 (1), 1-36. doi: 10.1177/0312896220981109

Li, Yaoqin , Xu, Xixiong , Zhu, Yushu and Haq, Mamiza (2021). CEO decision horizon and corporate R&D investments: an explanation based on managerial myopia and risk aversion . Accounting and Finance, 61 (4), 5141-5175. doi: 10.1111/acfi.12752

Deng, Kebin, Zhu, Yushu, Smith, Tom and McCrystal, Alan (2020). Tax and leverage: evidence from China. China Economic Review, 62 101479, 101479. doi: 10.1016/j.chieco.2020.101479

Linnenluecke, Martina K., Smith, Tom, Shen, Yun, Zhu, Yushu and Liang, Zini (2020). What does the CAPM say about operating leverage?. Abacus, 56 (2), 288-291. doi: 10.1111/abac.12198

Deng, Kevin, Zeng, Haijian and Zhu, Yushu (2019). Political connection, market frictions and financial constraints: evidence from China. Accounting and Finance, 59 (4), 2377-2414. doi: 10.1111/acfi.12301

Chen, Hang, Zhu, Yushu and Chang, Liang (2019). Short-selling constraints and corporate payout policy. Accounting and Finance, 59 (4), 2273-2305. doi: 10.1111/acfi.12314

Cai, Cynthia Weiyi, Gippel, Jennifer, Zhu, Yushu and Singh, Abhay Kumar (2019). The power of crowds: grand challenges in the Asia-Pacific region. Australian Journal of Management, 44 (4), 031289621987197-570. doi: 10.1177/0312896219871979

Linnenluecke, Martina K., Chen, Xiaoyan, Ling, Xin, Smith, Tom and Zhu, Yushu (2017). Research in finance: a review of influential publications and a research agenda. Pacific-Basin Finance Journal, 43, 188-199. doi: 10.1016/j.pacfin.2017.04.005

Zhou, Qing, Tan, Kelvin Jui Keng, Faff, Robert and Zhu, Yushu (2016). Deviation from target capital structure, cost of equity and speed of adjustment. Journal of Corporate Finance, 39, 99-120. doi: 10.1016/j.jcorpfin.2016.06.002

Zhu, Yushu (2016). Call it good, bad or no news? The valuation effect of debt issues. Accounting and Finance, 57 (4), 1203-1229. doi: 10.1111/acfi.12205

Linnenluecke, Martina K., Chen, Xiaoyan, Ling, Xin, Smith, Tom and Zhu, Yushu (2016). Emerging trends in Asia-Pacific finance research: a review of recent influential publications and a research agenda. Pacific-Basin Finance Journal, 36 (2), 66-76. doi: 10.1016/j.pacfin.2015.12.002

Avkiran, Necmi K., Zhu, Yushu, Tripe, David W. L. and Walsh, Kathleen (2015). Can foreign banks compete in China?. Accounting and Finance, 57 (4), 961-980. doi: 10.1111/acfi.12188

Gippel, Jennifer, Smith, Tom and Zhu, Yushu (2015). Endogeneity in accounting and finance research: natural experiments as a state-of-the-art solution. Abacus, 51 (2), 143-168. doi: 10.1111/abac.12048

Zhu, Yushu and Gippel, Jennifer (2015). Informed trading on debt covenant violations: The long and short of it. Accounting and Finance, 57 (1), 289-315. doi: 10.1111/acfi.12126

Deng, Kebin, Ding, Zhong, Zhu, Yushu and Zhou, Qing (2015). Investment-cash flow sensitivity measures investment thirst, but not financial constraint. Accounting and Finance, 57 (1), 165-197. doi: 10.1111/acfi.12133

Zhu, Yushu (2012). Erratum to Capital structure: The case of firms issuing debt (Australian Journal of Management, (2012), 37, 2 (283-295), 10.1177/0312896211429159). Australian Journal of Management, 37 (3), 543-543. doi: 10.1177/0312896212463296

Zhu, Yushu (2012). Capital structure: the case of firms issuing debt. Australian Journal of Management, 37 (2), 283-295. doi: 10.1177/0312896211429159

Zhu, Yushu (2012). Determinants of long-term debt issuing decisions: An alternative approach. Australian Journal of Management, 38 (2), 429-439. doi: 10.1177/0312896212461640