Dr. Hong Joe ZOU (鄒宏博士)

PhD - Finance
MA - Insurance Accounting
BSc - Statistics

Adjunct Professor

Dr. Hong Joe ZOU (鄒宏博士)

Research Areas

  • Corporate finance
  • Finanical institutions
  • China finance issues
Dr. ZOU graduated in Statistics from Fudan University in 1991, completed a Master degree in insurance & accounting in 1998 with distinction (this program was supported by UK insurer General Accident, now named Aviva) and received a PhD in Finance from University of Wales (2003), UK. Dr Zou has four-year working experience as a statistician and two-year working experience in an investment bank and he is a qualified accountant. He previously taught at Cardiff University, UK. He is the two-time joint winner of the 2002 and 2003 Shin Research Excellence Award at the International Insurance Society (New York-based), a co-winner of the 2012 CICF best paper award. He also received the 2007-2008 CityU College of Business Research Award. Dr Zou's research work appears in Journal of International Business Studies, Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Financial Intermediation, Journal of Corporate Finance, Journal of Banking and Finance, Journal of Risk and Insurance, Financial Management, Journal of Business Finance & Acccounting, Journal of Financial Research, Financial Review, and other academic journals. He also published 17 articles in Economic Research and other premier Chinese academic journals. Dr Zou's research interests include corporate finance, risk management, financial services, China business. He is a research fellow of the Center of China Insurance and Social Security Research (CCISSR, Peking University). He is an associate editor of Journal of Accounting Studies (an English research journal of Chinese Accounting Association) and also serves on the editorial board of Frontiers of Business Research in China (published by Springer).

Publications

Journal Articles
  • Hardwick, P., Adams, M.B., Zou, H. (September 2012), "Board Characteristics and Profit Efficiency in the United Kingdom Life Insurance Industry", Journal of Business Finance & Accounting, 38, 7-8, 987-1015.
  • Zou, H., Adams, M.B., Xiao, J. (September 2012), "Does Board Independence Matter for Corporate Insurance Hedging?", Journal of Financial Research, 35, 3, 451-469.
  • Lin, C., Lin, P., Zou, H. (June 2012), "Does Property Rights Protection Affect Corporate Risk Management Strategy? Intra- and Cross-Country Evidence", Journal of Corporate Finance, 18, 2, 311-330.
  • Lin, C., Officer, M., Zou, H. (December 2011), "Directors’ and Officers’ Liability Insurance and Acquisition Outcomes", Journal of Financial Economics, 102, 3, 507-525.
  • Campello, M., Lin, C., Ma, Y., Zou, H. (October 2011), "The Real and Financial Implications of Corporate Hedging ", Journal of Finance, 66, 5, 1615-1647.
  • Zou, H., Wen, M.M., Yang, C., Wang, M.L. (January 2011), "Underwriting and Investment Risks in the Property-Liability Insurance Industry: Evidence Prior to the 9-11 Event", Review of Quantitative Finance and Accounting, Accepted.
  • Firth, M., Lin, C., Zou, H. (September 2010), "Friend or Foe? The Role of State and Mutual Fund Ownership in the Split Share Structure Reform in China", Journal of Financial and Quantitative Analysis, 45, (3), 685-706.
  • Zou, H. (September 2010), "Hedging Affecting Firm Value via Financing and Investment: Evidence from Property Insurance Use", Financial Management, 39, (3), 965-995.
  • Adams, M.B., Lin, C., Zou, H. (June 2010), "Chief Executive Officer Incentives, Monitoring, and Corporate Risk Management: Evidence from Insurance Use", Journal of Risk and Insurance, 78, (3), 551-582., (field top).
  • Golden, L.L., Yang, C., Zou, H. (April 2010), "The Effectiveness of Using a Basis Hedging Strategy to Mitigate the Financial Consequences of Weather-related Risks", North American Actuarial Journal, 14, (2), 157-175.
  • Yuan, R.L., Xiao, J.Z., Milonas, N., Zou, H. (December 2009), "The Role of Financial Institutions in the Corporate Governance of Listed Chinese Companies", British Journal of Management, 20(4), pp. 562-580.
  • Zou, H., Adams, M.B. (January 2009), "Corporate Debt and Insurance in China", Journal of Applied Corporate Finance, 21, (1), 87-99.
  • Zou, H., Yang, C., Wang, M., Zhu, M. (2009), "Dividend Decisions in Property & Liability Insurance Industry: Mutual versus Stock Companies", Review of Quantitative Finance and Accounting, 33, 2, 131-139.
  • Yuan, R., Xiao, J, and Zou, H. (2008), "Mutual Funds' Ownership and Firm Performance: Evidence from China", Journal of Banking & Finance, 32, 8, 1552-1565.
  • Zou, H. and Adams, M. (2008), "Corporate Ownership and Equity Risks and Returns in the People’s Republic of China", Journal of International Business Studies, 39, 7, 1149-1168.
  • Zou, H. and Adams, M.B. (2008), "Debt Capacity, Cost of Debt and Corporate Insurance", Journal of Financial and Quantitative Analysis, 43, 2, 433-466.
  • Adams, M.B., Hardwick, P. and Zou, H. (2008), "Reinsurance and Corporate Taxation in the United Kingdom Life Insurance Industry", Journal of Banking & Finance, 32, 101-115.
  • Zou, H., Wong, S., Shum, C., Xiong, J., and Yan, J. (2008), "Controlling-Minority Shareholder Incentive Conflicts and Directors' and Officers' Liability Insurance: Evidence from China", Journal of Banking & Finance, 32, 12, 2632-2645.
  • Wei, G., Xiao, Z., Travlos, N., and Zou, H. (2007), "Background of Independent Directors and Corporate Performance", Economic Research Journal (in Chinese), 52, 3, 92-105.
  • Zou, H. and Xiao, J. (September 2006), "The Financing Behavior of Listed Chinese Firms", British Accounting Review, 38, 3, 239-258, (lead article).
  • Zou, H., Adams, M. (May 2006), "Corporate Purchase of Property Insurance: Chinese Evidence", Journal of Financial Intermediation, 15, 2, pp.165-196, (lead article).
  • Brockett, P.L., Wang, M., Yang, C., and Zou, H. (2006), "Portfolio Effects and the Valuation of Weather Derivatives", Financial Review, 41, 1, 55-76.
  • Wang, M. and Yang, C., and Zou, H. (2004), "Is One-time Charge Really Trivial? Evidence from the US Insurance Industry", Journal of Insurance Issues, 27, 2, 160-180.
  • Zou, H., Adams, M.B. and Buckle, M.J. (June 2003), "Corporate Risk and Property Insurance: Evidence from the People’s Republic of China", Journal of Risk and Insurance, 70, 2, 289-314, (field top).
  • Zou, H. (2003), "Corporate Insurance in China: Some Macro and Micro Perspectives", Managerial Finance, 29, 5-6, 65-81.
Accepted Journal Articles (forthcoming)
  • Lin, C., Officer, M., Wang, R., Zou,H. (2013), "Directors' and Officers' Liability Insurance and Loan Spreads", accepted by Journal of Financial Economics, forthcoming.
Books and Book Chapters
  • Adams M. and Zou, H. (2004), "An Introduction to the Chinese Insurance Market: The Dangers and the Prizes", IMC Publisher, UK.