Dongmin Kong

Department of Finance, Huazhong University of Science and Technology

Professor of Finance

Wuhan, Hubei 430074

China

School of Finance, Zhongnan University of Economics and Law

Professor of Finance

Wuhan, Hubei 430073

China

SCHOLARLY PAPERS

45

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Top 15,532

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4,601

SSRN CITATIONS
Rank 31,870

SSRN RANKINGS

Top 31,870

in Total Papers Citations

19

CROSSREF CITATIONS

7

Scholarly Papers (45)

1.

China’s Anti-Corruption Campaign and Entrepreneurship

Journal of Law and Economics, Forthcoming
Number of pages: 46 Posted: 11 Nov 2020
Dongmin Kong and Ni Qin
Department of Finance, Huazhong University of Science and Technology and School of Economics, Huazhong University of Science and Technology
Downloads 397 (104,941)

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Corruption; Entrepreneurship; China; Quasi-experiment

2.

Do Analysts Gain an Informational Advantage by Visiting Listed Companies?

Contemporary Accounting Research, Forthcoming
Number of pages: 43 Posted: 21 Aug 2017
Bing Han, Dongmin Kong and Shasha Liu
University of Toronto, Rotman School of Management, Department of Finance, Huazhong University of Science and Technology and School of Management, Jinan University
Downloads 389 (107,451)
Citation 5

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Analyst Visit, Forecast Accuracy, Informational Advantage; Geography

3.

Higher Education and Corporate Innovation

Journal of Corporate Finance, Forthcoming
Number of pages: 67 Posted: 20 Jul 2020 Last Revised: 11 Feb 2022
Dongmin Kong, Bohui Zhang and Jian Zhang
Department of Finance, Huazhong University of Science and Technology, The Chinese University of Hong Kong, Shenzhen and School of Business and Management, Shanghai International Studies University
Downloads 267 (160,982)
Citation 1

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corporate innovation; higher education expansion; human capital; high-skilled labor; China

4.

Whose Money is Smart? Individual and Institutional Investors’ Trades Based on Analyst Recommendations

Number of pages: 51 Posted: 04 Aug 2016 Last Revised: 13 May 2020
Department of Finance, Huazhong University of Science and Technology, The University of Hong Kong - Faculty of Business and Economics, School of Management, Jinan University and Education University of Hong KongThe Education University of Hong Kong
Downloads 238 (179,514)

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analyst recommendation; individual/institutional investors; buy-side pressure; information transparency; corporate governance.

5.

Labor Cost Stickiness and Managerial Decisions on Human Capital Adjustment

Number of pages: 51 Posted: 18 Feb 2021
Dongmin Kong, Shasha Liu and Rui Shen
Department of Finance, Huazhong University of Science and Technology, School of Management, Jinan University and The Chinese University of Hong Kong, Shenzhen - School of Management and Economics
Downloads 225 (189,220)

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Sticky cost, Human capital, Labor cost, Employee education level, Firm performance

6.

Accuracy in the Air: Pollution and Analyst Forecasts

Number of pages: 53 Posted: 09 Jan 2019 Last Revised: 08 Feb 2019
Dongmin Kong, Chen Lin, Shasha Liu and Yu-Jane Liu
Department of Finance, Huazhong University of Science and Technology, The University of Hong Kong - Faculty of Business and Economics, School of Management, Jinan University and Peking University - Guanghua School of Management
Downloads 221 (192,593)

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Air Pollution; Analyst Forecasts; Earnings Announcements; Management Forecasts; Information Processing Abilities

7.

Institutional Investors and Equity Prices: Information, Behavioral Bias, and Arbitrage

Rotman School of Management Working Paper No. 2926401
Number of pages: 54 Posted: 06 Mar 2017
Bing Han and Dongmin Kong
University of Toronto, Rotman School of Management and Department of Finance, Huazhong University of Science and Technology
Downloads 190 (221,134)
Citation 1

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Institutional/Individual Investors, Chinese stock market, Split–share Reform, Disposition Effect, Arbitrage

8.

Does Information Acquisition Alleviate Market Anomalies? Categorization Bias in Stock Splits

Review of Finance, Forthcoming
Number of pages: 53 Posted: 03 May 2017
Dongmin Kong, Chen Lin and Shasha Liu
Department of Finance, Huazhong University of Science and Technology, The University of Hong Kong - Faculty of Business and Economics and School of Management, Jinan University
Downloads 186 (225,239)
Citation 1

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Information acquisition; Comovement; Investor trading behavior; Stock splits.

9.

When to Go Abroad: Economic Policy Uncertainty and Chinese Firms’ Overseas Investment

Number of pages: 53 Posted: 24 Jan 2018 Last Revised: 09 Oct 2018
Ji (George) Wu, Dongmin Kong, Yiwen Wu and Jian Zhang
Massey University - School of Economics and Finance, Department of Finance, Huazhong University of Science and Technology, Massey University - School of Economics and Finance and School of Business and Management, Shanghai International Studies University
Downloads 164 (250,649)
Citation 1

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Economic policy uncertainty, Overseas investment, China

10.

Company Visit Disclosure Regulation and Analysts’ Information Acquisition

Number of pages: 55 Posted: 30 Jun 2021 Last Revised: 14 Jul 2022
Bin Ke, Dongmin Kong and Shasha Liu
National University of Singapore, Department of Finance, Huazhong University of Science and Technology and School of Management, Jinan University
Downloads 146 (275,651)

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company visit; analysts; disclosure regulation; chilling effect; China

11.

Politically Affiliated Analysts

Number of pages: 53 Posted: 27 Apr 2021 Last Revised: 03 May 2021
Dongmin Kong, Chen Lin, Shasha Liu and Yuhai Xuan
Department of Finance, Huazhong University of Science and Technology, The University of Hong Kong - Faculty of Business and Economics, School of Management, Jinan University and University of California, Irvine - Paul Merage School of Business
Downloads 146 (275,651)

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analyst recommendations; political pressure; institutional investors; conflicts of interest; learning

12.

Do Extreme Returns Matter in Emerging Markets? Evidence from the Chinese Stock Market

Journal of Banking and Finance, 2017
Number of pages: 48 Posted: 01 Feb 2015 Last Revised: 06 Mar 2017
Gilbert Nartea, Dongmin Kong and Ji (George) Wu
University of Canterbury - College of Business and Law, Department of Finance, Huazhong University of Science and Technology and Massey University - School of Economics and Finance
Downloads 140 (284,855)
Citation 4

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Cross-section of stock returns; Extreme returns; Predictability; China

13.

Language and Innovation: The Real Effect of Informal Institutions

Number of pages: 45 Posted: 10 Jul 2019
Dongmin Kong, Jialong Wang, Yanan Wang and Jian Zhang
Department of Finance, Huazhong University of Science and Technology, Southwestern University of Finance and Economics (SWUFE), Zhongnan University of Economics and Law and School of Business and Management, Shanghai International Studies University
Downloads 136 (291,383)

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Languages, Innovation, Future-time reference

14.

Employee Stock Ownership Plans and Corporate Environmental Engagement

Number of pages: 36 Posted: 03 Sep 2021
Dongmin Kong, Yanan Wang and Yanan Wang
Department of Finance, Huazhong University of Science and Technology and Zhongnan University of Economics and LawZhongnan University of Economics and Law
Downloads 119 (321,627)

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Employee incentives, Corporate environmental engagement, Stakeholder

Does it Pay to Communicate with Firms? Evidence from Firm Site Visits of Mutual Funds

Journal of Business Finance & Accounting, Forthcoming
Number of pages: 56 Posted: 27 Dec 2016 Last Revised: 06 Mar 2017
Shasha Liu, Yunhao Dai and Dongmin Kong
School of Management, Jinan University, Huazhong University of Science and Technology and Department of Finance, Huazhong University of Science and Technology
Downloads 114 (333,315)
Citation 1

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Communication, Mutual Fund, Information Advantage, Site Visits

Does it Pay to Communicate with Firms? Evidence from Firm Site Visits of Mutual Funds

Journal of Business Finance & Accounting, Vol. 44, Issue 5-6, pp. 611-645, 2017
Number of pages: 35 Posted: 05 May 2017
Shasha Liu, Yunhao Dai and Dongmin Kong
School of Management, Jinan University, Huazhong University of Science and Technology and Department of Finance, Huazhong University of Science and Technology
Downloads 4 (884,811)

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communication, mutual fund, information advantage, site visits

16.

US–China Trade War and Corporate Social Responsibility: Evidence from China

Number of pages: 41 Posted: 06 Jan 2022
Dongmin Kong, Chen Liu and Ling Zhu
Department of Finance, Huazhong University of Science and Technology, Huazhong University of Science and Technology - School of Economics and Huazhong University of Science and Technology
Downloads 113 (333,486)

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US–China trade war, tariff shocks, corporate social responsibility.

17.

Does the Mandatory Disclosure of Audit Information Affect Analysts’ Information Acquisition?

Number of pages: 47 Posted: 02 Aug 2021
Dongmin Kong, Mianmian Ji and Shasha Liu
Department of Finance, Huazhong University of Science and Technology, Huazhong University of Science and Technology and School of Management, Jinan University
Downloads 111 (337,699)

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Sell-side analysts; Key audit matters disclosure; Corporate site visits; Analyst forecasts; Market efficiency.

18.

Corruption-induced CEO compensation: Evidence from a natural experiment in China

Number of pages: 54 Posted: 05 May 2021
Dongmin Kong and Ling Zhu
Department of Finance, Huazhong University of Science and Technology and Huazhong University of Science and Technology
Downloads 106 (348,421)

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corruption, CEO compensation, incentive efficiency, natural experiment, China

19.

Returnee Talent and Corporate Investment: Evidence from China

European Accounting Review, Forthcoming
Number of pages: 44 Posted: 22 Nov 2016
Yunhao Dai, Dongmin Kong and Shasha Liu
Huazhong University of Science and Technology, Department of Finance, Huazhong University of Science and Technology and School of Management, Jinan University
Downloads 105 (350,667)

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Human Capital; Returnee Talent; Investment Efficiency; China

20.

Trust and innovation: Evidence from CEOs' early-life experience

Journal of Corporate Finance, Forthcoming
Number of pages: 47 Posted: 23 May 2021 Last Revised: 05 Jan 2022
Dongmin Kong, Ying Zhao and Shasha Liu
Department of Finance, Huazhong University of Science and Technology, Xiamen University and School of Management, Jinan University
Downloads 99 (364,431)

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informal institutions, CEO’s trust level, corporate innovation, social trust

21.

Air Pollution-induced Brain Drain: Evidence from Inventor Mobility

Number of pages: 44 Posted: 18 Feb 2021 Last Revised: 30 Aug 2021
Dongmin Kong, Shasha Liu and Jian Zhang
Department of Finance, Huazhong University of Science and Technology, School of Management, Jinan University and School of Business and Management, Shanghai International Studies University
Downloads 92 (381,590)

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air pollution, toxic emissions, inventor, innovation

22.

Investment in Hard Times: Unintended Effects of Mandatory Dividend Policy in State-Owned Business Group

Number of pages: 48 Posted: 07 Jun 2021
Dongmin Kong and Lihua Liu
Department of Finance, Huazhong University of Science and Technology and Huazhong University of Science and Technology
Downloads 80 (414,911)

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Mandatory dividend policy; Investment efficiency; Business group; Related party transactions; Corporate governance, China.

23.

Employee Cash Profit-Sharing and Earnings Management

Forthcoming at European Accounting Review
Number of pages: 45 Posted: 20 Jan 2021
Dongmin Kong, Ni Qin, Wei Yang and Jian Zhang
Department of Finance, Huazhong University of Science and Technology, School of Economics, Huazhong University of Science and Technology, East China University of Science and Technology (ECUST) - School of Business and School of Business and Management, Shanghai International Studies University
Downloads 74 (433,560)

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Employee; Stakeholder; Earnings Management; Cash Profit Sharing

24.

Do Foreign Investors Crowd Out Sell-Side Analysts? Evidence from China

Number of pages: 43 Posted: 23 May 2021
Dongmin Kong, Qi Tang and Xinwei Zheng
Department of Finance, Huazhong University of Science and Technology, Huazhong University of Science and Technology and Department of Finance
Downloads 68 (453,521)

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Foreign investors; Analyst coverage; Information disclosure; Corporate governance.

25.

Policy Certainty and Heterogeneous Firm Innovation: Evidence from a Developing Country

Number of pages: 37 Posted: 03 Jan 2019
Xiandeng Jiang, Dongmin Kong and Chengrui Xiao
Southwestern University of Finance and Economics (SWUFE), Department of Finance, Huazhong University of Science and Technology and Southwestern University of Finance and Economics (SWUFE)
Downloads 67 (457,007)
Citation 1

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Policy Certainty; Innovation; China

26.

Individual Investors’ Dividend Tax Reform and Corporate Social Responsibility

Number of pages: 36 Posted: 11 Oct 2021
Dongmin Kong and Mianmian Ji
Department of Finance, Huazhong University of Science and Technology and Huazhong University of Science and Technology
Downloads 64 (467,680)

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dividend tax reform; corporate social responsibility; individual investor.

27.

Efficiency Wages as Gift Exchange: Evidence from Corporate Innovation in China

Number of pages: 53 Posted: 17 Aug 2019
Dongmin Kong, Yanan Wang, Yanan Wang and Jian Zhang
Department of Finance, Huazhong University of Science and Technology, Zhongnan University of Economics and LawZhongnan University of Economics and Law and School of Business and Management, Shanghai International Studies University
Downloads 58 (490,540)

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Efficiency Wage; Corporate Innovation; Human Capital

28.

Can Economic Policy Uncertainty Reduce a Firm’s Trade Credit?

Number of pages: 20 Posted: 07 May 2020
Kun Su, Dongmin Kong and Ji (George) Wu
Northwestern Polytechnic University (NPU), Department of Finance, Huazhong University of Science and Technology and Massey University - School of Economics and Finance
Downloads 56 (498,437)

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economic policy uncertainty; trade credit; China

29.

Minimum Wages and Non-Listed Firm's Earnings Management: Evidence from a Geographic Discontinuity Design

Journal of Accounting and Public Policy, Forthcoming
Number of pages: 57 Posted: 05 Jan 2022
Junyi Xiang, Dongmin Kong and Wei Yang
Huazhong University of Science and Technology, Department of Finance, Huazhong University of Science and Technology and East China University of Science and Technology (ECUST) - School of Business
Downloads 55 (502,461)

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Earnings management, Geographic discontinuities, Minimum wage.

30.

Foreign Institutional Investors and Executive Compensation Incentives: Evidence from China

Number of pages: 64 Posted: 30 Jan 2022
Dongmin Kong and Xu Cheng
Department of Finance, Huazhong University of Science and Technology and Central South University
Downloads 52 (515,099)

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Foreign institutional investors, Executive compensation, Shanghai/Shenzhen-Hong Kong Stock Connect

31.

Does Corruption Shape Firm Centralization? Evidence from State-owned Enterprises in China

Number of pages: 45 Posted: 26 Apr 2021
Dongmin Kong and Ling Zhu
Department of Finance, Huazhong University of Science and Technology and Huazhong University of Science and Technology
Downloads 51 (519,552)

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anti-corruption campaign, centralization, SOEs, natural experiment, China

32.

Do allocations of education resources affect individuals’ long-term cognitive abilities? Evidence from China

Number of pages: 38 Posted: 16 Mar 2022
Yawen Cheng and Dongmin Kong
Huazhong University of Science and Technology and Department of Finance, Huazhong University of Science and Technology
Downloads 48 (537,396)

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cognitive ability, school closing and merging, education resources, China

33.

Typhoons and Housing Prices

Number of pages: 33 Posted: 14 Jan 2022
Dongmin Kong and Chenhao Liu
Department of Finance, Huazhong University of Science and Technology and Peking University - College of Environmental Science and Engineering
Downloads 43 (556,680)

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Typhoon, Real estate price, Climate risk, Shenzhen

34.

COVID-19, Lifestyle Change, and Municipal Solid Waste: Evidence from 252 Communities’ Littering Records in China

Number of pages: 32 Posted: 24 Jan 2022
Dongmin Kong and Chenhao Liu
Department of Finance, Huazhong University of Science and Technology and Peking University - College of Environmental Science and Engineering
Downloads 36 (593,386)

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COVID-19, Lockdown, Municipal solid waste, China.

35.

Unexpected Housing Wealth Appreciation and Stock Market Participation

Number of pages: 44 Posted: 23 May 2021
Dongmin Kong, Yawen Cheng and Lihua Liu
Department of Finance, Huazhong University of Science and Technology, Huazhong University of Science and Technology and Huazhong University of Science and Technology
Downloads 36 (593,386)

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housing appreciation; stock market participation; regression discontinuity; China

36.

How Smart is Smart Money? Evidence from Mutual Funds’ Exposure on Corporate Misconduct

Number of pages: 37 Posted: 28 Mar 2022
Dongmin Kong and Zhao Zhao
Department of Finance, Huazhong University of Science and Technology and Huazhong University of Science and Technology - Department of Economics
Downloads 23 (677,749)

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mutual funds, corporate misconduct, performance, China.

37.

Bystander of Sandstorm: The Psychological Bias of Public Opinion to Environmental Events

Number of pages: 35 Posted: 14 Jan 2022
Dongmin Kong, Chenhao Liu, Ling Han and Hengxing Yin
Department of Finance, Huazhong University of Science and Technology, Peking University - College of Environmental Science and Engineering, Peking University and Peking University
Downloads 22 (685,517)

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psychological effect, projection bias, public opinion, media, local air pollution

38.

Shifting Stakeholders Logics: Foreign Institutional Ownership and Corporate Social Responsibility

Number of pages: 40 Posted: 07 Jun 2022
Xu Cheng and Dongmin Kong
Central South University and Department of Finance, Huazhong University of Science and Technology
Downloads 21 (693,212)

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Foreign institutional ownership; corporate social responsibility; social norms; China

39.

Governments’ fiscal squeeze and firms’ pollution emissions: Evidence from a natural experiment in China

Number of pages: 54 Posted: 28 Mar 2022
Dongmin Kong and Ling Zhu
Department of Finance, Huazhong University of Science and Technology and Huazhong University of Science and Technology
Downloads 19 (708,863)

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government fiscal squeeze, agricultural tax reform, firm emission, environment quality, China.

40.

Invisible Enemy: The Health Impact of Ozone

China Economic Review, Forthcoming
Number of pages: 47 Posted: 14 Jan 2022 Last Revised: 06 Feb 2022
Dongmin Kong, Junwei Liang and Chenhao Liu
Department of Finance, Huazhong University of Science and Technology, Guangdong University of Foreign Studies and Peking University - College of Environmental Science and Engineering
Downloads 17 (725,281)

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Air pollution, Health, Ozone, China, Diagnostic data

Effect of International Working Experience of Individual Auditors on Audit Quality: Evidence from China

Journal of Business Finance & Accounting, Vol. 44, Issue 7-8, pp. 1073-1108, 2017
Number of pages: 36 Posted: 03 Aug 2017
Jiujiang University, Huazhong University of Science and Technology, Department of Finance, Huazhong University of Science and Technology and Education University of Hong KongThe Education University of Hong Kong
Downloads 3 (897,702)
Citation 4

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international working experience, individual auditor, auditor working experience, audit quality, China

Effect of International Working Experience of Individual Auditors on Audit Quality: Evidence from China

Journal of Business Finance & Accounting, Forthcoming
Posted: 05 May 2017
Jiujiang University, Huazhong University of Science and Technology, Department of Finance, Huazhong University of Science and Technology and Education University of Hong KongThe Education University of Hong Kong

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Individual Auditor, Auditor Working Experience, Audit Quality, China

42.

Effects of the COVID-19 on Air Quality: Human Mobility, Spillover Effects, and City Connections

Posted: 11 May 2020
Gaowen Kong, Shasha Liu and Dongmin Kong
Guangzhou University, School of Management, Jinan University and Department of Finance, Huazhong University of Science and Technology

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COVID-19, air quality, human mobility, spillover, connections.

43.

Political Uncertainty and A-H Share Premium

Posted: 12 Sep 2019
Xu Cheng, Junbo Wang and Dongmin Kong
Central South University, Dept. of Economics and Finance, City Univ. of HK and Department of Finance, Huazhong University of Science and Technology

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A-H premium, Political uncertainty, Local leaders

44.

Investor Reactions to Food Safety Incidents: Evidence from the Chinese Milk Industry

Food Policy, Vol. 43, 23-31, 2013
Posted: 14 Sep 2013
Yunhao Dai, Dongmin Kong and Maobin Wang
Independent, Department of Finance, Huazhong University of Science and Technology and University of International Business and Economics - School of Banking and Finance

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Food safety incidents, Investor reaction, Firm values, Event study, Difference-in-differences

45.

Corporate Social Responsibility, Investor Behaviors, and Stock Market Returns: Evidence from a Natural Experiment in China

Journal of Business Ethics, Vol. 101, pp. 127-141, 2011
Posted: 23 Jan 2011 Last Revised: 16 Aug 2013
Maobin Wang, Chun Qiu and Dongmin Kong
University of International Business and Economics - School of Banking and Finance, McGill University - Desautels Faculty of Management and Department of Finance, Huazhong University of Science and Technology

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Corporate Social Responsibility, Financial Performance, Stock Markets, Event Study, Investors’ Behaviors, Emerging Markets, Chinese Stock Market