Liu Eping
Professor
Phone:020-84114161
Email:mnslep@mail.sysu.edu.cn
Research Areas:Corporate Finance, Investment Projects and Corporate Valuation, Mergers and Acquisitions
EDUCATION
2004, Ph.D. of Management, Sun Yat-sen University.
1988, Master of Economics, Sun Yat-sen University.
1984, Bachelor of Engineering, Huazhong University of Science and Technology.
EXPERIENCE
Academic
2007, Ph.D. supervisor, School of Business, Sun Yat-sen University.
2006, Professor, School of Business, Sun Yat-sen University.
1994, Associate Professor, School of Business, Sun Yat-sen University.
1988, Lecturer, School of Business, Sun Yat-sen University.
1986, Assistant, School of Business, Sun Yat-sen University.
Nonacademic
06/2011-09/2015 Independent director and dean of audit committee in Guangdong Homa Appliances Holding Co., Ltd.
04/2009-04/2015 Independent director and dean of audit committee in China Shipping Haisheng Co., Ltd.
09/2011- Present Independent director and dean of audit committee in Shenzhen Kaizhong Precision Technology Co., Ltd.
08/2011- Present Independent director and dean of audit committee in Hunan Jin Wang bismuth industry Co., Ltd.
05/2017- Present Independent director and dean of audit committee in Guangdong Tiantu Logistics Co., Ltd.
Oversea
09/1996-04/1997 Visiting Scholar, School of Business , Pacific Lutheran University, USA.
01/10/1992-30/10/1992 Visiting Scholar, The Hong Kong Polytechnic University.
PUBLICATIONS
BOOKS
Scholarly Books
1.Liu Chun, Liu Eping. 2014. The Governance Effects and Long-term Performance of Issuing Convertible Bonds. Beijing: Peking University Press
Text Book
2.Liu Eping. 2014. Corporate Financial Management. Beijing: Peking University Press
REFEREED JOURNAL ARTICLES (since 2012)
2016
1.Liu Eping, Guan Jingyi. The Two-way Governance on Corporate Inefficient Investment of Trade Credit. Journal of Management Science. 2016(6): 131-144
2.Tang shun, Liu Eping, Shi Yanping. Is it true that the major shareholder interests have pushed up the private placement discount? Based on the perspective of transaction value. Shanghai Finance. 2016(10): 68-74
2015
1.Liu Eping, Zhao Weijie, He Jin. Venture Capitals’ Two-way Governance on Inefficient R&D Investment——Evidence from Chinese Listed Companies. Journal of Sun Yat-sen University (Social Science Edition). 2015(6): 196-210
2.Shi Yanping, Liu Eping, Tang Shun. Credit Ratings and Excess Cash Holdings: The Micro Role of Credit Rating under Debt Crisis. Finance and Trade Research. 2015(5): 116-124,130
2014
1. Liu Eping, Shi Yanping. Earnings Management,Financing Costs of Corporate Bonds and Initial Credit Ratings. Journal of Management Science. 2014(5): 91-103
2.Liu Eping, Tang Shun. Marketability Discount, Value Transfer and Lockup Expiration. Journal of Finance and Economics. 2014(9): 86-96
3.Liu Eping, He Jin, Zhao Weijie. Private benefit of control, corporate quality and election of financing instruments----based on three party game analyses under refinancing regulation. Journal of Sun Yat-sen University (Social Science Edition). 2014(5): 185-197
4.Liu Eping, He Jin. Study on the Behavior of Large Shareholders of Different Financing Patterns. China Management Studies. 2014(2):118-139
2013
1. Liu Eping, Xu Hai. Hard debt financing constraint and governance of over-investment. Journal of Sun Yat-sen University (Social Science Edition). 2013(6):192-203
2012
1.Liu Eping, Liu Chun. Convertible Bonds and Two-way Improvement of inefficient Investment: Evidence from Chinese Capital Market. Journal of Sun Yat-sen University (Social Science Edition). 2012(3): 84-194
2.Liu Chun, Sun Liang, Liu Eping. Hard Constraint, Convertible Bonds and Big Shareholders Predatory. Securities Market Herald. 2012(7): 31-36
RANK AND AWARDS
The Second Class of Ho’s Education Fund Teaching Distinguished Award in 2016.
2015 China's ten most respected business school professor. World Executive Weekly.
The First Class of Ho’s Education Fund Teaching Distinguished Award in 2012.
Sun Yat-sen University Excellent Chinese Communist Party Member in 2011.
The Second Class Award of the Fifth Guangdong Finance Academy. The Paper “Academic Paper Wealth Effect of Convertible Bond Issues: An
Empirical Analysis of the China Market” in 2007
Guangdong Science and Technology Award the Third Class Prize in 2005
PROFESSIONAL
Research Funding
1. Prices Deviation and its Economic Consequences in Private Placement and M&A ----Based on Stock Mispricing and Valuation Adjustment
Mechanism. National Nature and Science Fund, 71672202,2017.1-2020.12
2. Venture Capitals’ Two-way Governance and its Spillover Effect on Firm’s Inefficient Investment. Guangdong Nature and Science Fund,
2016A030313304,2016.6-2019.6
3. Study on the Principal-agent and Firm Value under Convertible Bonds Financing, National Nature and Science Fund, 70872116, 2009.1-2011.12
TEACHING (SINCE 2008)
Financial Management (undergraduate- Once a year )
Project Assessment (undergraduate- Once a year ).
Research on Financial Management (graduate- Once a year )
Corporate Finance (MBA -Three times a year)
University Service (since 2006)
Feb. 2008- Present Dean of Research Center of Finance and Investment
Apr. 2002- Dec. 2008 Dean of Department of Finance and Investment
Jan. 1999- Apr. 2002 Dean of Department of Business Administration
Conference Presentations
Capital Structure Adjustments Based on Ratings Purpose and Financing Costs of Corporate Bonds. China Financial Engineering Annual Meeting 2016. 26-28, Aug.


