Professor Di Luo
Professor
University of Dundee School of Business, School of Business
Economic Studies, School of Business
Contact
Biography
Professor Di Luo is Associate Dean of People & Culture, Professor (Chair) of Finance and Economics within Business School at the University of Dundee. Di completed his PhD in Finance from Nottingham University Business School, he also holds a MSc in Finance and a Bachelor of Finance from Nankai University, China. He has published in Review of Finance, Journal of Banking and Finance, European Financial Management, Journal of Financial Research, Financial Review, Journal of Business Research, Journal of International Financial Markets Institutions and Money, and European Journal of Finance. His research interests are asset pricing, market microstructure, behaviour finance, ESG, Fintech, and corporate finance. Prior to joining the University of Dundee, he was Associate Professor at Southampton Business School, the University of Southampton and Lecturer at Swansea University.
Research
Area of research expertise
- Asset Pricing
- Financial Economics
- Market Microstructure
- Behaviour Finance
- ESG
- Fintech
- Corporate Finance
Research grants & awards
- National Natural Science Foundation of China, Grant No.71991473
- National Natural Science Foundation of China, Grant No.71671076
- Southampton Business School Grant, University of Southampton
- Faculty of Social Science Grant, University of Southampton
- Best Paper Award in the Asset Pricing/Financial Markets/Market Microstructure/Funds Management category at the 13th Financial Markets and Corporate Governance (FMCG) Conference
Publications
Ahmet Karpuz, Di Luo, Rongbing Xiao, and Huainan Zhao. The effect of labour protection laws on the relationship between leverage and wages. Journal of Banking & Finance. 2023. 148, p.106722.
Di Luo. ESG, Liquidity, and Stock Returns. Journal of International Financial Markets, Institutions & Money. 2022. 78, 101526.
Weimin Liu, Di Luo, Seyoung Park, and Huainan Zhao. The Cross-sectional Return Predictability of Employment Growth: A Liquidity Risk Explanation. Financial Review. 2022. 57(1), 155-178.
Cynthia Gong, Xindan Li, Di Luo, and Huainan Zhao. The Bias of Growth Opportunity. European Financial Management. 2022. 28(4), 926-963.
Jeremy Eng-Tuck Cheah, Di Luo, Zhuang Zhang, and Ming-Chien Sung. Predictability of Bitcoin Returns. European Journal of Finance. 2022. 28(1), 66-85.
Cynthia Gong, Di Luo, and Huainan Zhao. Liquidity Risk and the Beta Premium Journal of Financial Research. 2021. 44, 789-814.
Di Luo, Tapas Mishra, Larisa Yarovaya, and Zhuang Zhang. Investing during a Fintech Revolution: Ambiguity and Return Risk in Cryptocurrencies. Journal of International Financial Markets, Institutions & Money. 2021. 73, p.101362.
Xiafei Li and Di Luo. Increase in Cash Holdings: The Role of the Healthcare and Technology Industries. Journal of Business Research. 2020. 118: 286-298.
Xiafei Li and Di Luo. Financial Constraints, Stock Liquidity, and Stock Returns. 2019, Journal of International Financial Markets, Institutions & Money. 2019. 63: 101-139.
Xiafei Li and Di Luo. Investor Sentiment, Limited Arbitrage, and the Cash Holding Effect. Review of Finance. 2017. 21(6): 2141-2168.
Weimin Liu, Di Luo, and Huainan Zhao. Transaction Costs, Liquidity Risk, and the CCAPM. Journal of Banking and Finance. 2016. 63: 126-145.
Weimin Liu, Di Luo, and Huainan Zhao. The Epstein–Zin Model with Liquidity Extension. Financial Review. 2016. 51 (1): 113-146.
Teaching
- BU51021 Derivatives and Risk Management
- BU52018 Business Analytics