Staff profile

Professor Xiangkang Yin

Head (Department of Finance), Professor of Economics and Finance

Faculty of Business, Economics and Law

La Trobe Business School
Department of Finance

Donald Whitehead Building - Room 333, Melbourne (Bundoora)

 

Qualifications

BSc Fudan, MEng Shanghai Jiaotong, PhD Shanghai Jiaotong

Area of study

Finance

Brief profile

Xiangkang received his PhD degree from Shanghai Jiaotong University (SJTU) in 1989. In the following three years, he held a position as a lecturer and later as an associate professor at SJTU and devoted his research to the control and optimisation of economic systems. He moved to Université Louis Pasteur in 1992 and to Monash University in 1994, focusing on the research of innovation theory, the Chinese economy and micro-macroeconomic analysis. He was appointed to La Trobe University as a lecturer in 1995 and to the Professor of Economics and Finance in 2006.

Research interests

Asset pricing and investment

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Corporate finance and governance

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Financial and economic theory

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Financial markets microstructure and information

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Recent publications

Selected journal articles

X. Yin, forthcoming, “Two-Part Tariffs Set by a Risk-Averse Monopolist”, Journal of Economics.

W. Lou, D. Prentice and X. Yin, 2012, “What Difference Does Dynamics Make? The Case of Digital Cameras”, International Journal of Industrial Organization, vol. 30, no. 1, 30-40.

S. Basov and X. Yin, 2011, “Liquidity Supply by a Risk-Averse Market Maker”, Economic Record, vol. 21, no. 279, 617-628.

B. Li and X. Yin, 2011, “Information and Capital Asset Pricing”, European Journal of Finance, vol. 17, no.7, 505-523.

H. Chou, H. Li and X. Yin, 2010, “The Effects of Financial Distress and Capital Structure on the Work Effort of Outside Directors”, Journal of Empirical Finance, vol. 17, no. 3, 300-312.

S. Basov and X. Yin, 2010 “Nonlinear Pricing by Risk-Averse Principals”, B.E. Journal of Theoretical Economics, vol. 10, no. 1 (Topics), Article 8.

C. Choe and X. Yin, 2009, “Diversification Discount, Information Rents, and Internal Capital Markets”, Quarterly Review of Economics and Finance, vol. 49, no. 2, 178-196.

X. Yin, 2008, “Going-Public vs. Private Sales: A Two-Tiered Agency Approach”, International Review of Financial Analysis, vol. 17, no. 3, 523-538.

C. Choe and X. Yin, 2006, “Should Executive Stock Options Be Abandoned?”, Australian Journal of Management (lead paper, runner-up of 2006 E. Yetton Best Paper Award), vol. 31, no. 2, 163-179.

V. Mongkolporn and X. Yin, 2005, “How Does the Entry of New Firms Change Demand? An Empirical Estimation for a Thai Telecommunications Company”, Journal of Asian Economics, vol. 16, no. 4, 688−703.

X. Yin, 2005, “A Comparison of Centralized and Fragmented Markets with Costly Search”, Journal of Finance, vol. 60, no. 3, 1567-1590.

D. Prentice and X. Yin, 2004, “Constructing a Quality-Adjusted Price Index for a Heterogeneous Oligopoly”, The Manchester School (lead paper), vol. 72, no. 4, 423-442.

X. Yin, 2004, “Two-Part Tariff Competition in Duopoly”, International Journal of Industrial Organization, vol. 22, no. 6, 799-820.

X. Yin, 2003, “The Strategic Choice of Managers and Managerial Discretion”, Australian Economic Papers, vol. 42, no. 4, 373-385.

X. Yin, 2003, “Corrective Taxes under Oligopoly with Inter-Firm Externalities”, Environmental and Resources Economics, vol. 26, no. 2, 269-277.

X. Yin, 2001, “A Dynamic Analysis of Overstaff in China’s State-Owned Enterprises”, Journal of Development Economics, vol. 66, no. 1, 87-99.

X. Yin and E. Zuscovitch, 2001, “Interaction of Drastic and Incremental Innovations: Economic Development through Schumpeterian Waves”, Economie Appliquée (lead paper), vol. 54, no. 2, 7-35.

X. Yin, 2001, “A Model of Shareholder Discounts”, Economic Record, vol. 77, no. 236, 89-102.

C. Choe and X. Yin, 2000, “Do China’s State-Own Enterprises Maximize Profits?”, Economic Record, vol. 76, no. 234, 273-284.

C. Choe and X. Yin, 2000, “Contract Management Responsibility System and Profit Incentive in China’s State-Owned Enterprises”, China Economic Review, vol. 11, no. 1, 98-112.

X. Yin and E. Zuscovitch, 1998, “Is Firm Size Conducive to R&D? A Strategic Analysis of Product and Process Innovations”, Journal of Economic Behavior and Organization, vol. 35, no. 2, 243-262.