Personal Information

Assistant Professor at Shenzhen Audencia Financial Institute / WeBank Institute of Fintech, Shenzhen University. Ph.D. in Finance from Goethe University Frankfurt. Formerly Assistant Professor at Lingnan College, Sun Yat-sen University. Main research interests include corporate finance, corporate governance, corporate innovation, and ESG. Additional research interests include the impact of large language models on firms and household economics.

Education

Ph.D in Finance  Goethe University Frankfurt, Germany 2014.10-2020.07

MSc in Quantitative Goethe University Frankfurt, Germany 2014.10-2017.10

MA World Economy Fudan University 2011.09-2014.07

BA World Economy Fudan University 2007.09-2011.07

Research Interests

Primary: Corporate Finance, Corporate Governance, Corporate Innovation, and ESG

Other: Impact of Large Language Models on Firms, Micro-level Applications of Telecommunication Big Data, Household Economics

Work Experience

Assistant Professor, Shenzhen Audencia Financial Institute / WeBank Institute of Fintech, Shenzhen University, Mar. 2024 – Present

Assistant Professor, Lingnan College, Sun Yat-sen University, Oct. 2020 – Nov. 2023

Visiting Scholar, Dyson School of Applied Economics and Management, Cornell University, Feb. 2019 – May 2019

Publications

Chinese Publications

1. Lu, D., Wu, Q.*, & Zhang, Y. (2026). The Impact of Large Language Models on Employee Efficiency: An Empirical Study Based on Telecommunication Big Data. China Economic Quarterly, 26(3), 895–917.

2. Lu, D., Zhang, X., & Wu, Q.* (2025). Investing for Childbearing: The Impact of the "Selective Two-Child Policy" on Household Risk Asset Allocation. Journal of Economics and Management, 4(1), 105–132.

English Publications

1. Hang, J., Lu, D., & Sha, W.* (2026). Rounding error and misallocation. Economics Letters, 113038.

2. Bao, Y., & Lu, D.* (2026). Son Preference, Gender Gap in Higher Education Attainment and High‐Skilled Occupations: Evidence From China. Review of Development Economics, 30(2), 967–981.

3. Liu, Y., Lu, D.*, & Tian, S. (2025). The role of existing shareholders in private equity placements in China. *Journal of Financial Research*, 48(1), 351–385.

4. Deng, J., & Lu, D.* (2024). The old boys' club and board gender diversity: evidence from the anti-corruption campaign in China. Journal of Economic Behavior & Organization, 221, 626–656.

5. Liu, G., Lu, D.*, & Yang, J. (2023). Innovation for promotion: The effect of executive involvement on inventors' innovation choice. Journal of Corporate Finance, 80, 102394.

6. Lu, D., Liu, G., & Liu, Y. (2022). Who are better monitors? Comparing styles of supervisory and independent directors. International Review of Financial Analysis, 83, 102305.

Research Grants

1. National Natural Science Foundation of China (NSFC) Youth Project, Jan. 2025 – Dec. 2027, Principal Investigator, Ongoing.

2. Young Faculty Research Startup Fund, Shenzhen University, Jan. 2024 – Dec. 2026, Principal Investigator, Ongoing.

Recruitment

One postdoctoral researcher in corporate finance is sought.