Name: Bian Shibo
Title: Professor
Research Direction: Corporate Finance and Financial Engineering
Courses Taught: Quantitative Finance, Financial Modeling, Financial Risk Management
E - mail：bian.shibo@mail.shufe.edu.cn；
Phone: 65902440
Research Project
Serial Number | Project Name | Project Number | Project Source | Start and End Time | Project funding |
1 | Optimal Dynamic Investment Strategy for Credit Bonds under the Constraint of Conditional Value-at-Risk | 71301105 | National Natural Science Foundation of China Youth Project | 2014-2016 | 190,000 |
2 | Performance Briefing, Management—Investor Interaction Quality and Market Response | 2021BGL004 | Shanghai Social Sciences General Projects | 2021-2024 | 80,000 |
3 | Research on the Information Content and Economic Consequences of Management's "Irrelevant Answers" in Interactive Information Disclosure | 24BGL093 | National Social Science Fund General Project | 2024-2027 | 200,000 |
Research Field
Financial Engineering, Corporate Finance
Educational Background
2000.9-2004.6
Zhongnan University of Economics and Law, School of Economics, Major in Economics, Bachelor's Degree
2004.9-2006.6
Central South University of Economics and Law, School of Economics, Major in Economics, Master's Degree
2008.9-2012.6
Antai College of Economics and Management, Shanghai Jiao Tong University, Major in Finance, PhD
Work Experience
2016.7 - Shanghai University of Finance and Economics
Research Achiecements
[21] X. Wang, L. Li, S. Bian*, Irrelevant Answers in Customers' Earnings Communication Conferences and Suppliers' Cash Holdings, Journal of Financial Stability, 2024, 75: 101346.
[20] S. Bian, I. Hasan, X. Wang*, Z. Yan, Do markets value manager‑investor interaction quality? Evidence from IPO returns, Review of Quantitative Finance and Accounting, 2024, 63: 599-632.
[19] X. Wang, S. Bian*, C. Wu, Spillover effects within supply chains: Evidence from Chinese-listed firms, Journal of International Financial Management & Accounting, 2023, 34(3): 594-632.
[18] Bian Shibo, Chen Yao (academic), Guan Zhifan (academic), Zhou Jinhua, Can High-Quality Interaction Improve the Information Efficiency of Stock Prices? A Study Based on "Shanghai Stock Exchange e-Interaction." "Accounting Research," Issue 4, pages 749-772, 2023.
[17] Bian Shibo, Chen Yao (Xue), Wang Xunxiao, Can High-Quality Interactions Improve the Pricing Efficiency of the Stock Market? A Study Based on "Shanghai Stock Exchange e-Interaction". *Economics (Quarterly)*, Volume 22, Issue 3, Pages 749-772, 2022.
[16] S. Bian, D. Jia, R. Li, W. Sun, Z. Yan, Y. Zheng, Can management tone predict IPO performance? – Evidence from mandatory online roadshows in China, Pacific-Basin Finance Journal, 2021, 68: 101588.
[15] Bian Shibo, Guan Zhi Fan (Xue), Yan Zhipeng, Answering Irrelevant Questions and Market Reactions: A Study Based on the Annual Performance Briefings of Listed Companies, Journal of Management Science, Vol. 24, No. 4, pp. 109-126, 2021.
[14] Bian Shibo, Jia Dekui, Yan Zhipeng, The Impact of Negative Tone in Prospectuses on IPO Performance, Journal of System Management, Vol. 29, No. 6, pp. 1025-1033, 2020.
[13] D. Jia, R. Li, S. Bian, C. Gan, Financial Planning Ability, Risk Perception and Household Portfolio Choice, Emerging Markets Finance and Trade, 2021,57: 2153–2175.
[12] Bian Shibo, Yan Zhipeng, "Answering the Wrong Question" and IPO Market Performance — Empirical Evidence from Online Roadshows, Finance Research, Vol. 40, No. 1, pp. 49-63, 2020.
[11] S. Bian, W. Liu, D. Zhang, The sovereign credit and the limited foreign exchange outflow and the liquidity management of foreign exchange reserves, Journal of the Operational Research Society, 2019, 70(5): 867–871.
[10] Bian Shibo, Zhang Yi, Zhou Jinhua, Optimal Investment Strategy for Credit Bonds under Non-Self-Financing Strategy: A Case Study of DC-type Corporate Annuities, Journal of Management Engineering, Vol. 31, No. 2, pp. 194-199, 2017.
[9] Bian Shibo, Zhang Yi, The Optimal Investment Strategy of Open-End Credit Bond Funds, Journal of Systems Management, Vol. 25, No. 6, pp. 1025-1030, 2016.
[8] S. Bian, J. Cicon, Y. Zhang, Optimal asset management for DC pension funds with default risk, Journal of Risk, 2016, 19(1): 63–76.
[7] S. Bian, H. Liu, Optimal investment with a corporate bond, Mathematical and Computer Modelling, 2013, 58(9-10): 1615-1624.
[6] Bian Shibo, Liu Hailong, Optimal Investment Strategy of Pension Funds under Background Risk - Based on Legendre Transformation-Dual Solution Method, Journal of Management Engineering, Vol. 27, No. 3, pp. 145-149, 2013.
[5] Bian Shibo, Liu Hailong, Optimal investment portfolio containing credit bonds under breach of contract correlation, Systems Engineering Theory and Practice, Vol. 33, No. 3, pp. 569-576, 2013.
[4] Bian Shibo, Liu Hailong, Optimal Asset Allocation under the Simultaneous Presence of Market Risk and Default Risk, Journal of Management Engineering, Vol. 27, No. 1, pp. 160-165, 2013.
[3] Bian Shibo, Liu Hailong, Zhang Xiaoyang, Optimal Investment Strategy for Credit Bonds, Systems Engineering Theory and Practice, Vol. 32, No. 12, Pages 2611-2618, 2012.
[2] Bian Shibo, Liu Hailong, Zhang Xiaoyang, Optimal Asset Allocation Strategy for Credit Bond Funds, Journal of Systems Management, Vol. 21, No. 5, pp. 596-601, 2012.
[1] Bian Shibo, Liu Hailong, Optimal Asset Portfolio under Default Risk, Journal of Management Engineering, Vol. 26, No. 3, pp. 28-33, 2012.
