RESEARCH

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Bisetti, Emilio, Stefan Lewellen, Arkodipta Sarkar, and Xiao Zhao. (2026). Smokestacks and the Swamp, Review of Financial Studies.

(Claire) Yurong Hong, Xiaomeng Lu and Jun Pan. (2025). Financial Inclusion via FinTech: From Digital Payments to Platform Investments. Management Science, Accepted.

Francisco Gomes, Cameron Peng, Oksana Smirnova and Ning Zhu. (2025). Reaching for yield: Evidence from households. Journal of Financial Economics, 168, No. 104057.

Billet, Mathew, Mark (Shuai) Ma, and Xiaoyun Yu. (2024). Torpedo Your Competition: Strategic Reporting and Peer Firm IPO. The Accounting Review, 99(6), 51-73.

He, L., Whited, T. M., & Guo, R. (2025). Relative Performance Evaluation and Strategic Competition. Review of Financial Studies. Advance online publication.

Nan Jia, Rongrong Xie, Yongxiang Wang and Nianhang Xu,. 2025. Spreading the Style: The Effect of Firm Leaders' Early Life Experiences on Employees' Behavior and Performance, Management Science.

Hong, Claire Yurong, Xiaomeng Lu, and Jun Pan. (2024). Fintech Platforms and Mutual Fund Distribution. Management Science, Published Online.

Chen, Kedong, Hung‐Chung Su, Kevin Linderman, and William Li. (2024). Last‐minute coordination: Adapting to demand to support last‐mile operations. Journal of Operations Management, Accepted.

Smokestacks and the Swamp

Review of Financial Studies, 2026

ZHAO, Xiao Assistant Professor of Finance

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Financial Inclusion via FinTech: From Digital Payments to Platform Investments

Management Science, 2025

HONG, Yurong Associate Professor of Finance

PAN, Jun Professor of Finance
SAIF Chair Professor

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Reaching for yield: Evidence from households

Journal of Financial Economics, 2025

ZHU, Ning Professor of Finance

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Torpedo Your Competition: Strategic Reporting and Peer Firm IPO

The Accounting Review, 2024

YU, Xiaoyun Chair Professor of Finance
Deputy Dean

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Relative Performance Evaluation and Strategic Competition

Review of Financial Studies, 2025

GUO, Ran Assistant Professor of Finance

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Spreading the Style: The Effect of Firm Leaders' Early Life Experiences on Employees' Behavior and Performance

Management Science, 2025

WANG, Yongxiang Chair Professor of Finance
Deputy Dean
Ph.D. Program Faculty Director

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Fintech Platforms and Mutual Fund Distribution

Management Science, 2024

HONG, Yurong Associate Professor of Finance

PAN, Jun Professor of Finance
SAIF Chair Professor

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Last-minute coordination: Adapting to demand to support last-mile operations

Journal of Operations Management, 2024

LI, William Chair Professor of Management

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NEWS

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Dean of Nanyang Business School Leads Delegation to SAIF

Both sides reached a preliminary consensus on deepening cooperation, beginning with executive programs that draw on their complementary strengths and the distinctive China-Singapore dynamic itself, to open a new chapter in their partnership.

May 20, 2026 MORE →

Review of Financial Studies Publishes Professor Xiao Zhao’s Latest Paper

A paper titled “Smokestacks and the Swamp” by Xiao Zhao, Assistant Professor of Finance at Shanghai Advanced Institute of Finance (SAIF), together with Emilio Bisetti, Stefan Lewellen, and Arkodipta Sarkar, has been published online in The Review of Finan

May 19, 2026 MORE →

2026 U.S.-China Track II Economic Dialogue Convened in Shanghai

From April 14 to 15, the 30th round of the U.S.-China Track II Economic Dialogue was convened in Shanghai by the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University. The meeting marked the first time the dialogue has been held i

May 19, 2026 MORE →

SAIF Launches Digital Intelligence Global MBA

On March 28th, the SAIF MBA program of the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University (SJTU) held a forum to launch its latest curriculum upgrade, transforming the original MBA into the new Digital Intelligence Global M

April 26, 2026

SAIF Convenes Faculty & Staff Assembly and Hosts 2025 Recognition and Award Ceremony

The Shanghai Advanced Institute of Finance (SAIF) recently held its Spring Semester Assembly combined with the 2025 Recognition and Award Ceremony on March 20th, 2026. The event reviewed SAIF’s achievements over the past year, recognized outstanding indiv

April 25, 2026

SAIF and Schwab Release 2025 Financial Literacy Report on Chinese Residents

On March 25th, Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University (SJTU) and Charles Schwab jointly released the 2025 China Residents Financial Literacy Report.

April 24, 2026

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