• Kong Aiguo

    Professor

    Finance

    Add: Guoshun Road Siyuan Building Room 212, Siyuan Building

    Tel: 25011083(TEL)

    E-mail: agkong@fudan.edu.cn

    Research Field: Financial Management, Investment Theory, Capital Market, Asset Pricing, Macroeconomics

    Website:

    Teacher information
    Achievements in scientific research
    Academic activities and community service

    Academic Conferences

    2010.09Ningbo-Nottingham International Finance ForumNingbo

    2010.072010 China International Conference in FinanceBeijing

    2010.05Corporate Finance & Capital Market in Emerging MarketXiamen

    2009.072009 China International Conference in FinanceGuangzhou, China

    Case

    Aiguo KongJiangyan Rural Commercial Bank:Sunshine Credit, , 2013


    Journal Papers


    1.Xinru Bo, Xiaomin (Michelle) Fan, and Aiguo Kong2023The dark side of political promotion incentives: Evidence from firm performanceFinance Research Letters 51 1-11.  



    2.Kong, Aiguo, David E. Rapach, Jack K. Strauss, and Guofu Zhou2011Predicting market components out of sample: Asset allocation implicationThe Journal of Portfolio Management 37(4) 29-41.  



    3.Xinwen Yan and Aiguo Kong2021The enhancement effect of managerial ability on firm value: from perspectives of market competition and local protectionFudan Journal(Social Sciences Edition) (1) 172-183(in Chinese) 



    4.Hao Xiao and Aiguo Kong2014A study on the mechanism of the impact of the securities margin trading on the fluctuations of the special nature of the stock price: a test based on the difference-in-difference modelManagement World (8) 30-43(in Chinese) 



    5.Hao Xiao and Aiguo Kong2014Can the increase in manager compensation improve the information on stock prices?Journal of Finance and Economics 40(3) 135-144(in Chinese) 



    6.Wang, Hui and Aiguo Kong2013The self-selection of diversifying and refocusing decisions and their value effects: An empirical study on listed companies in ChinaFudan Journal (Social Sciences) (1) 18-28(in Chinese) 



    7.Kong, Aiguo and Yifan Zhang2012Monetary policy, capital structure of listed companies and excess corporate value - China 2006-2010Finance 2(2) 59-75(in Chinese) 



    8.Mei Zhang, Aiguo Kong2010Study on the Relationship between the Corporate Governance and Stock Price's VolatilityPrice: Theory & Practice (10) 63-64(in Chinese) 



    9.Mei Zhang, Aiguo Kong2010Empirical Study on the Relationship between Governance of Commercial Banks and Their Stock Price VolatilityFudan Journal (Social Sciences) (5) 101-108(in Chinese) 



    10.Aiguo Kong, Jiayuan Lu2010The Empirical Study on the Market Discipline, the Commercial Bank Governance and Insolvency RiskJournal of Financial Research (5) 102-115(in Chinese) 



    11.Jiayuan Lu, Aiguo Kong2009The Influence of Foreign Strategic Investor on Commercial Banks in China:2002-2007Shanghai Finance (9) 86-89(in Chinese) 



    12.Aiguo Kong2009Study on the Cadence of the Financial markets OpeningFinance & Insurance  158-163(in Chinese) 



    13.KONG Aiguo2009Study on the Cadence of the Financial Market OpeningFudan Journal (Social Science Edition) (2) 1-8(in Chinese) 



    14.SHAO Ping, LIU Lin, KONG Aiguo2008Analysis on the Sensitive Factors between Executive officer's Pay and Corporation PerformanceJournal of Finance and Economics vol.34(1) 94-105(in Chinese) 



    15.SHAO Ping, QIN Long and KONG Aiguo2008The Mechanism of Commercial Banking Acts as the Catalysis of IndustriesFudan Journal (Social Science Edition) (1) 32-39(in Chinese) 



    16.SHAO Ping, QING Long, KONG Aiguo2007The Catalysis to the Development of Industry Caused by Commercial BankJournal of Financial Research (12) 113-124(in Chinese) 



    17.KONG Aiguo, SHAO Ping2007Benefit Adjustment: Meaning, Relation and MeasureFudan Journal (Social Science Edition) (4) 3-9(in Chinese) 



    18.XU Wei, KONG Aiguo2006Effects of Contract Saving on Financial Market in ChinaShanghai Management Science (2) 66-68(in Chinese) 



    19.KONG Aiguo, XUE Guangyu2005Does the Firm Have the Ability to Adjust its Capital Structure? Empirical Test in ChinaFudan Journal (Social Science Edition) (4) 39-46(in Chinese) 



    20.KONG Aiguo, CAO Xiaoqing2004Effects of Firm Size on Its Debt Maturity: An Empirical AnalysisChinese Journal of Management Science Vol.12 专辑 257-263(in Chinese) 



    21.ZHOU Yuanzheng, KONG Aiguo2004The Optimal Scale Choice of State-owned Commercial BanksShanghai Management Science (5) 16-18(in Chinese) 



    22.SUN Ying, KONG Aiguo2004The Characteristic Values Test of Zero Beta CAPM: Evidence from Shanghai Stock MarketSystems Engineering Theory. Methodology. Applications vol.13(2) 147-152(in Chinese) 



    23.KONG Aiguo, LI Zhe2003Signaling Model of IPO Pricing:(1992-2002)Fudan Journal (Natural Science Edition) vol.42(5) 787-792(in Chinese) 



    24.KONG Aiguo, HUANG Jianbing, HU Wei2003The Effect of Tick Size on the Stock Price's VolatilityChinese Journal of Management Science vol.11(5) 1-7(in Chinese) 



    25.ZHANFG Binling, KONG Aiguo2003Analysis of the Economic Growth in the Pudong New AreaShanghai Economy 5/6 28-31(in Chinese) 



    26.KONG Aiguo, WANG Suqing2003The Influence of Ownership Structure on Corporate PerformanceFudan Journal (Social Science Edition) (5) 26-33(in Chinese) 



    27.KONG Aiguo, WANG Shuqing2003The Choice of Speed and Market on the Reduction of State-owned SharesJournal of Investment Research (1) 24-27(in Chinese) 



    28.KONG Aiguo, HUANG Jianbing, HU Wei2002A Study of the Volatility of Stock Price in the Shanghai Stock Market:2001Fudan Journal (Social Sciences) (6) 56-61(in Chinese) 



    29.KONG Aiguo, ZHANG Yu2002The Conditional Relation of Beta and Income-based on the Test of Shanghai Stock Market:1997-2001Shanghai Management Science (6) 13-15(in Chinese) 



    30.KONG Aiguo2001The Private Finance that Promote the Growth of the Small and Medium-sized EnterpriseShanghai Economy (11) 66-68(in Chinese) 



    31.KONG Aiguo2001The Feasibility Study of Shanghai Private FinanceShanghai Economy (9) 36-38(in Chinese) 



    32.KONG Aiguo,LIU Wu2001Market Timing of the Mutual Fund in ChinaFudan Journal (Social Science Edition) (5) 75-80(in Chinese) 



    33.KONG Aiguo1999Perfection of the Financial Market & the Enterprise's BehaviorFudan Journal (Social Science Edition) (6) 17-22,141(in Chinese) 



    34.KONG Aiguo1999Market Risk in the Growth of Stock MarketWorld Economic Forum (2) 39-43(in Chinese) 



    35.KONG Aiguo1999A Study on the Inflation's Causes and its TransmittingFudan Journal (Social Science Edition) (1) 29-32(in Chinese) 



    36.HONG Yuanpeng, KONG Aiguo1999Adjusting the Benefit Relations Among the Economic Agents, Alleviating the Pressure of InflationFudan Journal (Social Science Edition) (1) 24-28(in Chinese) 



    37.KONG Aiguo1998Perfecting Financial Market and Preventing Market RiskShandong Economy (6) 41-44(in Chinese) 



    38.KONG Aiguo1998State –Owned Enterprises, State-Owned Banks and Government should Modify Their Functions CompatiblyExploration and Free Views (1) 16-18,44(in Chinese) 



    39.KONG Aiguo,LOU Yong1997The Activity of State-Owned Assets: Assets' Recombination and Stated-Owned Enterprises' ReformWeishi (12) 18-22(in Chinese) 



    40.KONG Aiguo1997A Study on the Industry Structure in Sustainable DevelopmentQuantitative and Technical Economics (2) 15-21(in Chinese) 



    41.KONG Aiguo1997The Periodic Fluctuations of China's Economy and Analysis of Measures Counteracting ThemFudan Journal (Social Science Edition) (2) 58-63,110(in Chinese) 



    42.KONG Aiguo,ZHAO Xueqing1997On Motivate of Transformation of Economy Growth's QuomodoShandong Economy (1) 16-19,23(in Chinese) 



    43.KONG Aiguo1996An Analysis of Trade Structure of Sustainable DevelopmentWorld Economic Forum (6) 9-14(in Chinese) 



    44.KONG Aiguo,YU Zheng1996The Decision of Exchange Rate and the Stabilization of EconomyZhejiang Academic Journal (3) 29-32(in Chinese) 



    45.KONG Aiguo,GUO Qiujie1996Urban Scale and Urban PollutionQuantitative and Technical Economics (2) 53-58(in Chinese) 



    46.KONG Aiguo1995Understanding Labor's EssenceShandong Economy (4) 3-9(in Chinese) 



    47.KONG Aiguo1995On the Unity of Equity and EfficiencyJournal of Zhejiang Institute of Finance and Economics (4) 31-34(in Chinese) 



    48.HONG Yuanpeng,XU Baolin,YU Zheng,KONG Aiguo,RONG Shenlin1995On the Ten Major Interest Relations under the Socialist Market SystemFudan Journal (Social Science Edition) (3) 30-36,11(in Chinese) 



    49.KONG Aiguo1995Thinking about State-owned Enterprise's ReformProductivity Research (1) 21-25(in Chinese) 


    Papers in Books

    Aiguo Kong.The Benefit Analysis on the Financial Markets Development.In .Ways and Experience.,2009

    Translated Works

    Aiguo Kong, Yifan Zhang, Xu Feng, and Hanwen SunFinancial Economics,Beijing,China Machine Press,2015.06 (in Chinese)

    Yong Lou and Aiguo KongMacroeconomics 5th Edition (Updated Edition),Beijing,China Machine Press,2013.09 (in Chinese)

    Aiguo Kong, Wei Hu, Mei Zhang etcFoundations of Financial Markets and Institutions (4th Edition),Beijing,China Machine Press,2010.09 (in Chinese)

    Teaching Materials, etc.

    KONG Aiguo2003Modern InvestmentShanghai People's Publishing HouseShanghai(in Chinese)

    KONG Aiguo2003Advanced MacroeconomicsShanghai Sannian BookstoreShanghai(in Chinese)

    SHU Yuan, XIE Shiyu, KONG Aiguo, LI Xiang1998Modern Economic Growth TheoryFudan University PressShanghai(in Chinese)

    Research Projects

    2010.04—2010.12Principal InvestigatorThe Research on the Future Market of Lead-acid Battery “HuyanshenShanghai Jinping Engineering Management Limited Company

    2006.08—2007.08Principal InvestigatorThe Theory and Empirical Study on the Diversification of the Chinese Listed Companies' InvestmentHuo Yingdong Education Foundation for Young Teachers in Universities

    2004.12—2006.12Principal InvestigatorThe Empirical Study on the Adjustment Ability of Listed Companies' Capital Structure Planning issues in Shanghai Philosophy and Social Sciences

    2003.06—2007.12Principal InvestigatorThe Study on the Elements Participation in Distribution and the Expansion of the Middle-income Earners' ProportionPlanning issues in Shanghai Philosophy and Social Sciences

    2002.12—2002.12Principal InvestigatorThe Theory of Financial Environment on the Improvement and the Promotion of Enterprises' Financing and GrowthPlanning issues in Shanghai Philosophy and Social Sciences

    2002.09—2003.09Principal InvestigatorThe Study on the Motivating Factors of the Changes of the Present Shanghai Financial Market StructureCenter for Asian Studies Fudan University

    2001.12—2007.09Principal InvestigatorThe Influence of Financial Market on the Enterprise Behavior and Leading IndustryProject supported by the “Dawn”Program of Shanghai Education Commission

    2001.01—2003.01Principal InvestigatorThe Structure Effect of Multi-level Dealings of the Capital MarketNational Natural Science Foundation of China


    Academic Conferences

    2010.09Ningbo-Nottingham International Finance ForumNingbo

    2010.072010 China International Conference in FinanceBeijing

    2010.05Corporate Finance & Capital Market in Emerging MarketXiamen

    2009.072009 China International Conference in FinanceGuangzhou, China

    Case

    Aiguo KongJiangyan Rural Commercial Bank:Sunshine Credit, , 2013