Xiaowei Xu

  • Associate Dean for Graduate Programs and Research, Associate Professor
  • Finance
  • Phone: 401.874.5489
  • Email: xiaowei@uri.edu
  • Office Location: 310, Ballentine

Biography

Xiaowei Xu is an Associate Professor of Finance and currently serves as the Associate Dean for Graduate Programs and Research at the College of Business. Her research focuses on topics such as human capital, corporate governance, and corporate social responsibility. Her work has been published in leading academic journals including the Strategic Management Journal, Journal of Business Ethics, Journal of Corporate Finance, and Financial Review. Xiaowei’s research has also attracted attention from major media outlets such as Harvard Business Review, Financial Times, and The Washington Post. She holds both her Bachelor’s and Ph.D. degrees from the University of Alberta. Xiaowei has taught corporate finance at the undergraduate, MBA, and Ph.D. levels.

Scholar page

Education

Ph.D., Finance, University of Alberta
B.Com., Finance, University of Alberta

Selected Publications

CEO Religion and Corporate Social Responsibility: A Socio-behavioral Model, with Isabelle Le Breton-Miller, Danny Miller and Zhenyang Tang. Journal of Business Ethics, 2024, 195(1), pp.167-189.

Corporate Integrity Culture and Credit Rating Assessment, with Xin Bao, Meini Han and Raymond Lau. Journal of International Financial Markets, Institutions & Money, 2024, 93, 102007.

Information Flows from CDS to Equity Markets: Evidence from Mergers and Acquisitions, with Iuliana Ismailescu and Blake Phillips. The Quarterly Journal of Finance, 2023, 13(04), p.2350014.

Foreign Institutional Ownership Externalities and Supplier Innovation, with Zhaoying Yi, Minghai Wei, and Bingxuan Lin. Journal of Corporate Finance. 2023, 80, 102421.

CSR and Pro-Social Conduct in US Communities: A Study of Social Distancing During the Covid-19 Pandemic, with Isabelle Le Breton-Miller, Danny Miller and Zhenyang Tang. Journal of Business Ethics, 2022,179, 387-410.

Does Investment Banker Human Capital Matter in Acquisitions? Evidence from China, with Bingxuan Lin, Liuyang Ren, and Liangyong Wan. Journal of Corporate Finance, 2021, 70, 102048.

Religion, Risk Aversion, and Merger Premiums: A cross-border Study, with Min Maung, Zhenyang Tang and Craig Wilson. Journal of International Financial Markets, Institutions & Money, 2021, 70,101262.

The Role of Institutional Investors in Post-Earnings Announcement Drift: Evidence from China, with Guilong Cai, Bingxuan Lin and Minghai Wei. Accounting and Business Research, 2021,51(2), 206-236.

Value-Enhancing Social Responsibility: Market Reaction to Donations by Family vs. Non-Family Firms with Religious CEOs, with Min Maung, Danny Miller and Zhenyang Tang. Journal of Business Ethics, 2020, 163, 745–758.

Ismailescu, Iuliana, Blake Phillips, and Xiaowei Xu. 2023. “Price Discovery in the CDS Market: Evidence from Corporate Acquisitions.” The Quarterly Journal of Finance, October, 2350014. [Abdc: A; SJR: Q1]

“Does Investment Banker Human Capital Matter in Acquisitions? Evidence from China”, with Bingxuan Lin, Liuyang Ren, and Liangyong Wan. Journal of Corporate Finance. 2021.

“CSR and Pro-Social Conduct in US Communities: A Study of Social Distancing During the Covid-19 Pandemic”, with Isabelle Le Breton-Miller, Danny Miller and Zhenyang Tang. Journal of Business Ethics. 2021.

“Religion, Risk Aversion, and Merger Premiums: A cross-border Study”, with Min Maung, Zhenyang Tang and Craig Wilson. Journal of International Financial Markets, Institutions & Money, 2021, 70,101262.

“The Role of Institutional Investors in Post-Earnings Announcement Drift: Evidence from China”, with Guilong Cai, Bingxuan Lin and Minghai Wei. Accounting and Business Research,2021,51(2), 206-236.

“Return Synchronicity and Insider Trading Profitability”, with Claire Liang and Zhenyang Tang. International Review of Finance, 2020, 20(4), 857-895.

“Religion and Venture Investing: A Cross-Country Analysis”, with Min Maung and Zhenyang Tang. The Financial Review, 2020, 55(3), 433-460.

“CEO Long-Term Orientation and Elite University Education”, with Danny Miller. Strategic Organization, 2020, 18(4), 520-546.

“Value-Enhancing Social Responsibility: Market Reaction to Donations by Family vs. Non-Family Firms with Religious CEOs”, with Min Maung, Danny Miller and Zhenyang Tang. Journal of Business Ethics, 2020, 163, 745–758.

“The Effect of Short Sale Constraints on Analyst Forecast Quality: Evidence from A Natural Experiment in China”, with Li Hao, Zhisheng Li and Bingxuan Lin. Economic Modelling, 2019, 81, 338-347.

“Uncertainty, Momentum, and Profitability”, with Claire Liang and Zhenyang Tang. Journal of Portfolio Management, 2019, 45(4) 91-104.

“MBA CEOs, Short-term Management and Performance”, with Danny Miller. Journal of Business Ethics, 2019, 154(2), 285-300.

“A Fleeting Glory: Self-Serving Behavior among Celebrated MBA CEOs”, with Danny Miller. Journal of Management Inquiry, 2016, 25(3), 286-300.

“When is Human Capital a True Resource? The Performance Effects of an Ivy League Education among Celebrated CEOs”, with Danny Miller and Vikas Mehrotra. Strategic Management Journal, 2015, 36(6), 930-944. 

Media Mentions

Studies show CEOs with MBAs more likely to fail, The Globe and Mail, Mar 2017.
MBAs are more self-serving than other CEOs, Harvard Business Review, December, 2016.
Among star CEOs, those with MBAs tend to be more self-serving, Washington Post, October, 2015