Li Shanmin

Professor

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Research Areas£ºM&A and Restructuring, Technology Finance, Institutional Innovation on Free Trade Zone

EDUCATION?

Doctor of Management (Agriculture), Agricultural Economics & Management, Nanjing Agricultural University,??Jun.1990
Master of Agriculture, Agricultural Economics & Management, Nanjing Agricultural University,???Jul.1987
Bachelor of Agriculture, Agricultural Economics, Southwest Agricultural University,??Jul.1984

EXPERIENCE

Academic
04/2004-present????Professor of Management, doctoral supervisor, Sun Yat-Sen University
02/2000-03/2004 ??Professor of Management, doctoral supervisor, Sun Yat-Sen University
09/1997-01/2000 ??Professor of Management, Assistant Dean of School of Business,

Sun Yat-Sen University

05/1993-08/1997??Associate Professor of Management, Deputy Director of Department of Management, Sun Yat-Sen University
05/1992-04/1993??Associate Professor, Southwest Agricultural University
03/1990-04/1992??Lecturer, Southwest Agricultural University


Oversea
08/2007-09/2007??PCMPCL Program, Harvard Business School
02/2001-09/2001??Visiting Scholar, Hayward, California State University
01/1997-02/1997??Visiting Scholar, Pacific Lutheran University

PUBLICATIONS

BOOKS
Scholarly Books
1. ?Xu, Xiaomin, Xu, Jiarui, Guo, Peng and Li, Shanmin [2008]. Research on ?Multi-Campus Financial Management of Higher Education Institutions, Sun ?Yat-Sen University Press£¨In Chinese£©.
2. ?Li, Shanmin, Zhou, Mutang and Yu, Pengyi [2007]. Research on Optimal ?Management and Sustainable Development of Public Resources, Guangdong ?Science and Technology Press£¨In Chinese£©.
3. Li, Shanmin and Mao, Danping [2004]. Personal Financial Planning, China Financial And Economic Publishing House£¨In Chinese£©.
4. ?Li, Shanmin, Chen, Yugang, Zeng, Zhaozao and Wang, Caiping [2003]. ?Empirical Study on Merger and Acquisition of China Listed Companies, ?China Financial And Economic Publishing House£¨In Chinese£©.
5. Li, Shanmin [2003]. New Principles of Economics (2th Edition), Textbook, Sun Yat-Sen University Press£¨In Chinese£©.
Edited and Translated Book
6. Li, shanmin, Chen, Yugang, Zhang, Qiusheng and Xin, Yu, 2010, M&A Forum 2009£ºValue Creation, Industrial Restructuring and Economic Security of M&A, China Economy Press£¨In Chinese£©
7. Zhang, Jun, 2009, Microeconomics [Michael Pakin], Posts and Telecom Press- responsible for Charter 2, 3, 4.

REFEREED JOURNAL ARTICLES (since 2006)?

2010

1. ?Li, Shanmin, Chen, Yugang and Xin, Yu. 2010. The International Meeting ?Summary of M&A¡¯s Value Creation, Industry Restructure and Economic ?Safety£¬Management World (Monthly), No.1:157-161. (In Chinese)
2. ?Li, Shanmin and Liu, Yongxin. 2010. How Does the Post Merger and ?Acquisition Integration affect Firm¡¯s Performance? Based on the Study of ?China LPG Industry£¬Nankai Business Review, Vol. 13 No..4:154-160. (In Chinese)
3. ?Li, Shanmin and Chen Wenting. 2010. Managers Overconfident in the ?Decision- making of M&A: Evidence from Chinese Listed Companies, ?Journal of Sun Yat-Sen University (Social Science Edition), ?No.5:192-201. (In Chinese)
4. Chen,Yugang, Li, Shanmin, 2010, How Can ?Divesture Cease to Destroy Enterprise Value? An Empirical Study Based ?on Value-driven Indicators, Management Review,Vol.22,No.1 105-114.(In ?Chinese)


2009

5. ?Li, Shanmin and Zhang, Yuanchun. 2009. Institutional Environment, ?Transaction Rule and Efficiency of Corporate Control Transfer£¬Economic Research Journal, No.5:92-105. (In Chinese)
6. ?Li, Shanmin, Mao, Yajuan and Zhao, Jingjing. 2009.Executive ?Equity-Based Compensation, Executive Private Benefits and Corporate ?M&As£¬Journal of Management Sciences, No.6:2-12. (In Chinese)
7. Li, shanmin, Chen, Tao and Liu, Ying. 2009. Collars of M&A Payment£¬Economic Theory and Business Management, No.12:31-36. (In Chinese)
8. ?Li, Shanmin and Wang, Caiping. 2009.A Model about Factors Influencing ?Institutional Investors Decision in Corporate Governance£¬Chinese Journal of Management, No.4, Vol.6:458-463. (In Chinese)

2008

9. Zhou, Xiaochun and Li, Shanmin. 2008.A Study on the Influential factors Created by the Value of Merger and Acquisition£¬Management World (Monthly), No. 5:134-143. (In Chinese)
10. Li, Shanmin, Mao, Yajuan and Liu, Ying. 2008. A New Development of the Stakeholder Theory£¬Economic Theory and Business Management, No.12:32-36. (In Chinese)
11. ?Ye, Hui and Li, Shanmin, 2008. Institutional Environment, Government ?Control and the Pricing of Control Right: Evidence from Chinese Listed ?Companies£¬Nankai Business Review, No 5: 79-84. (In Chinese)

2007

12. ?Li, Shanmin and Zhou Xiaochun. 2007. Firm characteristics, industry ?characteristic and acquisition strategy: An empirical study of Chinese ?listed firm£¬Management World (Monthly), No.4:130£­137 . (In Chinese)
13. ?Chen Yugang and Li, Shanmin. 2007. The Predictability of Acquiring ?Companies in M&A: Based on the Perspective of Transaction Cost£¬Economic Research Journal, No.4:90£­100. (In Chinese)
14. ?Li, Shanmin and Zheng, Nanlei. 2007. Research on the Impact of ?Shareholder- Stakeholder Game on the Shareholder Wealth Effect in ?M&A£¬Journal of Financial Research, No.8£º141-153. (In Chinese)
15. ?Jiang, Chunfu, Liang, Sian and Li, Shanmin,2007. Empirical ?Investigation of Distribution Feature of Return in China Stock Market£¬Application of Statistics and Management, Vol.26 No.4:710-717. (In Chinese)
16. Li, Shanmin and Zhang Yuanchun. 2007.Benefit of Control and Specific Management Ability: Analysis Through Transaction£¬China Industrial Economics. No.5:48£­55. (In Chinese)

2006

17. ?Li, Shanmin and Zhu, Tao. 2006. Long Run Performance of Conglomerate ?Merger Companies: Empirical Evidence from China Listed Companies, ?Management World (Monthly), No.3:129-139. (In Chinese)
18. Li, ?Shanmin and Yu, Pengyi. 2006. Study of Property of Ultimate Ownership ?and Governance Mechanism¡äs Impact on Corporate Performance£¬Journal of Management Sciences, No.5£º9£­16. (In Chinese)
19. Yang, Xuelai, Liang, Sian and Li, Shanmin, 2006. System Risk Factor Shortfall Risk D-CAPM Asymmetric Laplace Distribution. Journal of Financial Research, NO.1:86-93. (In Chinese)
20. Li, Shanmin, Zhu, Tao and Zhang, Yifang. 2006. An Empirical Study: Value Creation of China Listed Companies by Real Options£¬Chinese Journal of Management, No.2:222-228 . (In Chinese)

OTHER PUBLICATIONS

1. ?Li Shanmin, Chen, Wenting(2010), Are Manager Overconfident in ?Decision-making of M&A? Evidence from China Listed Companies, Asia ?Pacific Advances in Mergers and Aqusitions vol.3(2009), Edited by Zhang ?Qiusheng etc, Science Press USA Inc. ISBN 978-1-933100-35-7, PP12-26
2. ?Li Shanmin, Zhou, Xiaochun, Firm characteristics, industry ?characteristic and acquisition strategy: An empirical study of Chinese ?listed firm, Frontiers of Business Research in China, 2009,3(2): 224-241 ?ISSN1673 -7362£¬CN11-5746/F
3. ?Li, shanmin, Zhao, Jingjing and Liu, Ying, Industry Opportunities, ?Political Connection and Diversification by M&A, China Management ?Studies, 2009,4(4), p.1-17, Economic Science Press
4. Li, Shanmin and Wang, Mansi, Empirical Analysis on Effect of Debt Financing on Equity Structure of Listed Companies£¬Globalization ?Challenge and management Transformation (VOL.I) Eds??by Zhang ?Jianglong, Zhang Wei, Xia Xinping and Liao Jianqiao, Science Process, ?Beijing,China. ISBN 978-7-03-019372-8/C.246
5. Zhu, Tao and Li, ?Shanmin, Governance Environment, Government Intervention and Listed ?Company M&A Performance, Quarterly Journal of Finance, P67-87, No.1, ?Vol. 3, 2007, Peking University Press

RANK AND AWARDS?

CICF Best Paper-2009 China International Conference in Finance, Jul.2009
Citi Award, Education Fund of Citigroup, Sep.2008
Advanced Accounting Worker£¬Department of Finance of Guangdong Province, March.2009
Excellent Scholar of Liberal Art, Sun Yat-Sen University, Dec.2006
Outstanding Genius£¬the Ministry of Education, 2005
GF Award£¬The 9th Global Finance Academy, 2002
Baogang Excellent Teacher, Baogang Education Fund, Nov.2000
Guangdong Promising Young Teacher, Government of Guangdong, Sep.1998

PROFESSIONAL

Research Funding?
National Natural Science Foundation of China£¬2001£¬2005£¬ 2008£¬2009
National Social Science Fund, 2002
Humanity and Social Science Fund of the Ministry of Education, 1998£¬2007
Guangdong Natural Science Fund, 2000£¬2008

Editorial Responsibilities

Editor

China Journal of Finance (Vol.2, 2008)
Sun Yat-Sen Management Review (Vol.4, 2009)
Editorial Board
China Journal of Finance (since 2007)
Ad Hoc Reviewer
Social Sciences in China
Economic Research Journal
Journal of Management Science and Engineering
Journal of Financial Research
Nankai Business Review
Journal of Systems Engineering
Journal of Management Sciences
Chinese Journal of Management
China Finance Review
Quarterly Journal of Finance
Other Academic Services
Researcher, ?The Center for Studies of Hong Kong, Macao and Pearl River Delta, ?Humanities and Social Science Research Bases approved by the Ministry of ?Education
Researcher, Accounting and Finance Research Center, Sun Yat-Sen University -Guangdong Provincial Key Liberal Science Base
Academic member, Enterprise Research Center, Jinan University -Guangdong Provincial Key Liberal Science Base
Academic member, Corporate M&A Research Center, Beijing Jiaotong University
International Academy Chairmen, The 3rd M&A Forum??
Professional Associations?
Vice Chairmen, Guangdong Asset Appraisal Association
Vice Chairmen, Guangdong Corporate Financial Management Academy
Vice Chairmen, Guangdong Institutional Reform Association
Deputy Secretary-General, Guangdong Academy of Economics
Conference Presentations?
Li, ?Shanmin. Nov.2010. Reflection on EMBA Managerial Economics Teaching, ?National EMBA Managerial Economics Teaching Seminar, Tianjin
Li, ?Shanmin. Nov.2010. Research on Market for Corporate Control, The First ?National Merger and Acquisition Teaching Seminar, Beijing

Teaching (since 2006)

Investment Bank Management (undergraduate-2007)
Merger and Acquisition (MBA-2006)
Managerial Economics (EMBA-2010)
Principles of Corporate Finance (graduate-2008)
Research Methods of Finance (graduate-2009)

University Service (since 2006)

University Financial and Asset Management Office Head (since 2004)
School of Business Degree Awarding Board??(since 2004)
School of Business Academic Personnel Board (since 2004)
Lingnan College Academic Personnel Board (since 2004)
University Financial Leader Team Member (since 2004)

Doctoral Advising & Dissertation Committee(since 2006)

Sun Yat-Sen University
Xiamen University
Chongqing University
Southeast University
Jinan University