Family name： Song
First name：Yuchen
Nationality：Chinese
Title & Position：Professor / PHD Supervisor
Date& place of birth：October 11, 1965, in Jilin Province
E-mail：songyuchen@163.com
Research Fields：
Finance and financial decisions, Financial markets, Corporate finance
Working experience:
2009.10- Professor and PhD Supervisor, School of Business, Jilin University
1999.05-2009.07 Associate Professor, School of Business, Jilin University
1988.07-1995.07 Lecturer, Jilin Business and Technology College
Education：
2002.09-2006.12 Ph.D., Jilin University
1995.09-1998.07 M.A., Northeast Normal University
1984.09-1988.07 B.A., Northeast Normal University
Selected Publications：
[1] Yuchen Song, Mingqi Zhu. Supply Chain Finance and Enterprise Digital Technology Innovation: Impact Effect, Mechanism and Effect Evaluation under Local Government Support Policies[J], Journal of Business Research, 2024, Issue 2, pp. 74-83.
[2] Yuchen Song, Mingqi Zhu, The staggered tenure of CEO and board secretary and information disclosure quality, Finance Research Letters，2023-08， 58 (2023) 104681.pp:47-53.
[3] Xiaoxuan Shi, Yuchen Song, Xi Wang. Intellectual property rights enforcement and mergers and acquisitions: Evidence from China, Pacific-Basin Finance Journal, 2023-05, Volume 79, 102014.
[4] Yuchen Song, Jingshu Ma, Shuai Guan and Yongfu Liu. Fiscal Decentralization, Regional Innovation and Industrial Structure Distortions in China[J], Sustainability, 2023-01, 15(1), pp:710.
[5] Haofeng Ren,Yuchen Song,Yanyan Zhang. Research on the Impact of Optimal Capital Structure Deviation on Firm Innovation[J], Chinese Journal of Management, 2023, No. 9, pp. 1344-1352.
[6]Song Yuchen, Li Fangyan. Implications of the development of China's digital Economy: Changes, challenges and Opportunities [J]. Taxation and Economics, No. 3, 2023, pp. 58-65.
[7] Song Yuchen, Sun Hongyuan. The Dynamic evolution characteristics and regional Differences of China's economic resilience [J]. Statistics and Decision, No. 9, 2023, pp. 109-114.
[8] Song Yuchen, Li Fangyan. Heterogeneous bonds and the correlation mechanism between energy prices and carbon prices: Evidence from Guangzhou Carbon Emission Exchange [J]. Journal of Finance and Economics, 2022 (9), pp. 75-82.
[9] Song Yuchen, Sun Hongyuan. Dynamic characteristics of risk contagion in stock market: Intertemporal and time-varying Perspectives [J]. Journal of Finance and Economics, 2022 (5), pp. 15-30.
[10] Song Yuchen, Lv Jingru. [J]. Journal of Quantitative Economics, 2022 (1), pp.15-33.
[11] Song Yuchen, Ren Haofeng, Zhang Yanyan. Does equity refinancing promote innovation in manufacturing enterprises: An explanation from the perspective of competition [J]. Nankai Management Review, No.5, 2022, pp. 41-55.
[12] Song Yuchen, Lv Jingru. Evolution trend of international financial risk contagion and Countermeasures: Evidence from stock market [J]. Learning and Exploration, No.9, 2021, pp. 130-138+192.
[13] Song Yuchen, Li Yang. Emergency and systemic risk of capital market: Institutional interpretation and empirical evidence [J]. Shanghai Economic Research, 4th Issue, 2021, pp. 100-113.
[14] Song Yuchen, Li Yang. Systematic risk Identification in capital Market under the background of Emergencies: Typical facts, theoretical mechanism and regional characteristics [J], Journal of Yunnan University of Finance and Economics, No. 4, 2021, pp. 28-42.
[15] Song Yuchen. Financial Countermeasures for Constructing the new development Pattern of "double Cycle" in Jilin Province [J]. Jilin Finance Research, No.3, 2021, pp. 1-4.
[16] Song Yuchen, Li Yang. Accumulation, release and resolution of systemic risks from the perspective of District system transformation: Based on investor sentiment driven perspective [J]. Journal of Finance and Economics, 2020 (10), pp. 1-12.
[17] Song Yuchen, Huang Shan. The Asymmetric characteristics of the accumulation and release of systemic financial risks in stock market [J]. Inner Mongolia Social Sciences, No.4, 2020, pp. 109-115+213.
[18] Song Yuchen, Zhang Han. The cross-market information transmission mechanism of financial market-oriented reform policy [J]. Reform, 2020 (1), pp. 111-122.
[19] Song Yuchen, Zhang Han. The Irrational Evolution and Future Orientation of Capital market System Construction [J]. Economic System Reform, No.5, 2019.
[20] Song Yuchen, Zhang Han. The long-term codynamic Effect of Capital market and economic Growth: Based on the analysis of the world's three largest economies [J]. Learning and Exploration, No.9, 2019.
[21] Song Yuchen, Huang Shan, Sun Hongyuan. Systemic Financial risk Prevention and Resolution from the perspective of Market efficient Cycle [J]. Social Science Front, No.10, 2019.
[22] Qiao Muzi, Song Yuchen. Research on the external impact effect of monetary policies of developed economies on systemic financial risks in China [J]. Economic Review, 2018 (3), pp. 114-122.
[23] Song Yuchen, Qiao Muzi. Research on the dynamic influence mechanism of monetary policy on systemic financial risk in China [J]. Academic Research, 2018 (3), pp. 106-114.
[24] Wang Haoming, Song Yuchen, Li Zhichuang. The impact and Countermeasures of rural economic Development in China's rural financial Development, Shenzhen Finance, No.12, 2017, pp. 33-37.
[25] Huang Shan, Song Yuchen, Li Lianwei. Earnings Management Effect of equity incentive and its impact on corporate Performance [J]. Journal of Quantitative Economics, No.2, 2017, pp. 77-99.
[26] Song Yuchen, Li Lianwei. The Effect path of equity incentive on Listed Companies: An Empirical Study based on Structural Equation Model [J]. Journal of Northeastern University, No.2, 2017, pp. 133-139.
[27] Song Yuchen, Qiao Muzi, Li Lianwei. An empirical study on the impact of equity incentive on the investment efficiency of listed companies [J]. Economic Review, 2017, No.5, pp. 105-111.
[28] Song Yuchen, Li Lianwei. Measurement of the influence of equity Incentive on the Governance Efficiency of Listed companies [J]. Journal of Shanxi University of Finance and Economics, 2017 (3), pp. 85-96.
[29] Song Yuchen, Li Lianwei. Paradigm Evolution and Framework Construction of Enterprise Investment Efficiency: from the perspective of Literature Analysis [J], Jianghai Academic Journal, 2017 (3), pp. 69-75.
[30] Song Yuchen, Qiao Muzi. The asymmetric adjustment characteristics and co-movement Effect of Information Shock in Chinese and American stock Markets: An error correction Model based on Threshold Co-integration [J]. Zhejiang Social Sciences, 2016 (9), pp. 59-65.
[31] Song Yuchen, Zang Yunte. The Impact of investor Heterogeneity on the price discovery function of stock market [J]. Social Science Front, 2016 (9), pp. 45-50.
[32] Song Yuchen, Xu Hui. Inefficiency investment of GEM listed companies: Problems and Countermeasures [J]. Financial Market Research, 2016 (2), pp. 62-70.
[33] Song Yuchen, Zang Yunte. Study on the dynamic effect of Japanese technical barriers to Trade and Chinese agricultural exports [J]. Economic Issues, 2016, 3 (3) : 156-163.
[34] Song Yuchen, Ji Yu. International Comparative Research on the price discovery function of stock market [J]. Learning and Exploration, 2015 (3), pp. 107-109.
[35] Song Yuchen, Wang Yuyang. Asymmetric mean reversion and the formation mechanism of financial crisis: An empirical study based on ANST-GARCH Model [J]. Business Research, 2015 (3), pp. 9-17.
[36] Song Yuchen, Wang Wenbin. Ownership assumption, equity incentive and Corporate governance path selection [J]. Economic and Management Review, 2015, 3 (3), pp. 91-99.
[37] Song Yuchen, Li Nanbo. Research on the Matching between Stock market and economic growth [J], Qushu, No.4, 2014, pp. 99-104.
[38] Song Yuchen, Li Nanbo. Research on Financing efficiency of technology innovative enterprises listed on GEM [J]. Theory and Practice of Finance and Economics, 2014 (4), pp. 38-42.
[39] Song Yuchen, Wang Yuyang. Financial Conflicts and Solutions in the process of rural institutional Reform in China [J]. Social Science Front, No.8, 2014, pp. 102-108.
[40] Song Yuchen, Ma Qiuyan. A Review of Agricultural modernization and Financial Support [J]. Academic Research in China, No.2, 2014, pp. 11-12.
Research Projects:
[1] Song Yuchen: The Strategic Research Project on the development and opening Pilot Area of Jilin Province: The Research on the Industrial Transfer of Beijing-Tianjin-Hebei and the Industrial docking of Our Province was approved by Liu Guozhong, Governor of Jilin Province on June 20, 2017. He won the 2nd prize of the 12th Social Science Outstanding Achievement Award of Jilin Province.
[2]2016 Key Research Base of Humanities and Social Sciences of Ministry of Education, Major Project, "Research on the Long-term Coordinated Development of China's Capital Market and Economic Growth under the New Normal" (Project approval number: 16JJD790016, funding: 700,000 Yuan)
[3] Project of National Development and Reform Commission in 2016: "Research on Promoting the Establishment of a Multi-level Financing Guarantee System to Serve the Construction of the Belt and Road" (Batch number: 2016-10, 100,000 Yuan).
[4]2014 National Philosophy and Social Science Achievement Library Project, 14KGL001, Construction, Demonstration and Application of Market Efficient Cycle Theory (supported by National Achievement Library), RMB 200,000
[5]2017 Horizontal project of Bank of Jilin "Research on Wealth Management Business Model of City Commercial Bank" 2017.08 50,000 yuan
[6]2013 Major Project of Social Science Fund of Jilin Province (Special subject of the 18th National Congress), "Research on Financial Countermeasures of Agricultural Modernization Construction of Jilin Province" (Fund 30,000 yuan 2013A06)
[7]2012 National Natural Science Foundation of China, "The Double Divergence between Modern Financial Theory and Financial Practice and the Theory and Method of the Solution Path" (Batch number: 71273112, Fund: 540,000 Yuan)
[8]2011 Humanities and Social Sciences Planning Project of Ministry of Education, "Discovering the Absence of Price Function: An Analysis on the Resignation and Fulfillment Behavior of Senior Executives of Listed Companies in chinext" (Batch number: 11YJA790131, 90,000 yuan).
[9]2011 Social Science Fund Project of Jilin Province, "Research on Listing Path of Private Science and Technology Enterprises in GEM Market of Jilin Province" (Batch No. : 2011B030, fund: 5,000 yuan)
[10] Soft Science Project of Science and Technology Department of Jilin Province, "Research on Financing Path of High-tech Innovative Enterprises Listed on GEM" (Batch number: 20110642, 50,000 yuan)
[11] Changchun Philosophy and Social Science Planning Project, "Research on Accelerating the Development of Changchun Financial Industry" (closed in 2011, with an expenditure of 5,000 yuan)
[12] Soft Science Project of Science and Technology Department of Jilin Province, "Research on the Development of Financial Market in Jilin Province" (Batch No. 20080615) (Closed in 2011, with an appropriation of 40,000 Yuan).
[13]2007 Social Science Fund Project of Jilin Province, "Research on Countermeasures of Using Capital Market to Promote Economic Growth of Jilin Province" (Batch No. 2007045). (2010 settlement, appropriation of 3,000 yuan)
[14] The sub-project independently undertakes the "985" project of Jilin University, "Research on the Use of Capital market to promote economic growth". (Closed in 2006, with an appropriation of 5,000 yuan)
Books:
[1] Construction, Demonstration and Application of Market Efficient Cycle Theory, China Renmin University Press, 2015.
[2] Experimental Course of Financial Market Investment, Jilin University Press, 2008.