Robert Tong

My Professional Experience

Current Research

corporate governance, board structure, mergers and aquisitions, dividend policy, ESG, green finance, sustainable finance

Articles & Book Reviews

• Anti-corruption Campaign in China and corporate finance
  Journal of Financial Crime
  2026
• Does ESG Performance Reduce Bankruptcy Risk?
  International Journal of Financial Studies
  2025
• Corruption and anti-corruption in China: a review and future research agenda
  Asian-Pacific Economic Literature, vol. 36
  2022
• Do ADR Firms Have Different Dividend Policies Than U.S. Firms? A Comparative Study
  International Journal of Financial Studies, vol. 10
  2022
• Do firms adjust board gender diversity in response to economic policy uncertainty?
  Accounting Research Journal, vol. 35
  2022
• How Do Independent Directors View Corporate Social Responsibility (CSR)? Evidence from a Quasi-Natural Experiment
  Financial Review, vol. 55
  2020
• The effect of corporate social responsibility (CSR) on shareholder value: evidence from the 9/11 terrorist attack
  Accounting Research Journal, vol. 34
  2020
• Using geographic density of firms to identify the effect of board size on firm value and corporate policies
  Asia Pacific Journal of Financial Studies, vol. 49
  2020
• Does Board Independence Substitute for External Audit quality? Evidence from an Exogenous Regulatory Shock
  Australian Journal of Management, vol. 43
  2018
• How do powerful CEOs view dividends and stock repurchases? Evidence from the CEO pay slice (CPS)
  International Review Of Economics & Finance, vol. 58
  2018
• Estimating the Value of Steve Jobs Using an Event Study
  Applied Economics Letters, vol. 24
  2017
• Exploring the effect of religious piety on corporate governance: Evidence from anti-takeover defenses and historical religious identification
  Journal Of Business Ethics, vol. 141
  2017
• Using Demographic Identification to Estimate the Effects of Board Size on Corporate Performance
  Applied Economics Letters, vol. 24
  2017
• Liquidity, Ownership Concentration, and Corporate Governance, and Firm Value: Evidence from Thailand
  Global Finance Journal, vol. 31
  2016
• Managerial Talent and Corporate Social Responsibility (CSR): How do Talented Managers View Corporate Social Responsibility
  International Review Of Finance, vol. 16
  2016
• The Causal Effect of Religious Piety on Shareholder Wealth: Evidence from Acquirer Returns and Historical Religious Identification
  Applied Economics Letters, vol. 23
  2016
• The Effect of Managerial Ability on Dividend Policy: How do Talented Managers View Dividend Payouts?
  Applied Economics Letters, vol. 23
  2016
• A Comparative Study of Chinese SOE Firm's Boards and Private Firm's Boards
  Annals of Economics and Finance, vol. 16
  2015
• An Empirical Study on the Performance of M&A of Listed Central Government-owned Enterprises
  Journal of Central University of Finance and Economics
  2015
• Does Corporate Governance Influence Corporate Risk-taking? Evidence from the Institutional Shareholders Services (ISS)
  Finance Research Letters, vol. 13
  2015
• Estimating the Effect of Entrenched Boards on Firm Value Using Geographic Identification
  Finance Research Letters, vol. 12
  2015
• How do Powerful CEOs View Corporate Risk-taking? Evidence from the CEO Pay Slice (CPS)
  Applied Economics Letters, vol. 22
  2015
• Does Religious Piety Inspire Corporate Social Responsibility (CSR)? Evidence from Historical Religious Identification
  Applied Economics Letters, vol. 21
  2014
• Empirical Analysis of the Factors Affecting the Interest Rate of China Urban Investment Bond
  Public Finance Research
  2014
• How the Valuation of the Parent Company Affected the Excess Earnings during the Spin-Off Announcement
  Modern Economic Research
  2014
• On Risk Control and Improvement Countermeasures of Local Government Debt Budget Management (in Chinese)
  Economic Perspectives
  2014
• A comparison of Chinese state-owned enterprise firm's boards and private firm's boards.
  Annual Meeting of the Academy of Behavioral Finance & Economics, Chicago, USA, 2013.
  2013
• A comparison of Chinese state-owned enterprise firm's boards and private firm's boards.
  The Asian Business and Management Conference, Japan, 2013.
  2013
• A comparison of Chinese state-owned enterprise firm's boards and private firm's boards
  The 23rd International Business Research Conference, Melbourne, Australia
  2013
• Do Private Firms Outperform SOE Firms after Going Public in China Given Their Different Governance Characteristics
  Gadjah Mada International Journal of Business, vol. 15
  2013
• Abnormal Returns and In-house Mergers and Acquisitions
  Research In Finance, vol. 28
  2012
• An Examination on Public Firms' Delisting Mechanism in China (in Chinese)
  Economic Perspectives
  2011
• Debt Maturity Structure, Agency Costs, and Firm Value: Evidence from 1973-2004
  journal of Financial and Economic Practice, vol. 10
  2010
• Why Bidding Firms Do not Hire Financial Advisors in Mergers and Acquisitions
  Corporate Ownership & Control, vol. 5
  2008
• Target Firms and In-house Mergers and Acquisitions
  Journal of Applied Finance, vol. 17
  2007
• CEO Illness Announcements and Rules of Succession
  Journal Of Business Strategies, vol. 23
  2006
• Does Capital Structure Affect Institutional Investors' Choices? An Empirical Analysis
  Journal Of Investing, vol. 13
  2004

Awards & Distinctions

•  was awarded the 2018 Outstanding Research Award by School of Business, Siena College.
  Category: Research
  School of Business, Siena College, 2018

Books & Book Chapters

• The History of American Investment Banks (in Chinese)
  China Development Press
  2012
• The Logic of Investment Banks: Analyses on M&A Business of Investment Banks (in Chinese)
  China Development Press
  2011

Presentations

• Do ADR Firms Have Different Dividend Policies than US Firms? A Comparative Study
  March, 2021
  Academy of Business Research, New Orleans, Virtual
• Using geographic density of firms to identify the effect of board size on firm value and corporate policies
  2020
  Southwestern Finance Association Conference, San Antonio, Texas
• How do independent directors view corporate social responsibility (CSR)? Evidence from a quasi-natural experiment
  2019
  Southwestern Finance Association Conference, Houston, Texas
• Using Geographic Density of Firms to Identify the Effect of Board Size on Firm Value and Corporate Policies
  2018
  Asia-Pacific Financial Markets, Seoul, Republic of Korea
• How do Independent Directors View Corporate Social Responsibility (CSR)? Evidence from a Quasi-natural Experiment
  2017
  Journal of Corporate Finance Special Issue Conference, Hong Kong, China- Hong Kong
• How do Powerful CEOs view dividends and stock repurchases? Evidence from CEO pay slices?
  2014
  China Economic Annual Conference 2014, Shenzhen, China
• A Comparison of Chinese SOE firms' boards and Private Firms' Boards?
  2013
  International Business Research Conference (23rd), Melbourne, Australia
• A Comparison of Chinese State-Owned Enterprise Firm's Boards and Private Firm's Boards
  2013
  The Asian Business and Management Conference, Osaka, Japan
• A comparison of Chinese state-owned enterprise firm's boards and private firm's boards.
  2013
  Annual Meeting of the Academy of Behavioral Finance & Economics, Chicago, USA, 2013., Chicago, Illinois
• CEO Illness Announcements and Rules of Succession
  2006
  Financial Management Association International Annual Meeting, Salt Lake City, United States of America
• Does Capital Structure Affect Institutional Investors' Choices? An Empirical Analysis
  2003
  Financial Management Association International Annual Meeting, Denver, United States of America