Dr Xicheng Liu
Lecturer
Accounting & Finance
Telephone: (01792) 606156
Room: Office 227 - 227
Second Floor
School of Management
Bay Campus

Dr. Liu completed a PhD in Accounting and Finance from University of Bristol in 2014 and joined Swansea University as Lecturer in Finance in the same year.

Prior to PhD study, he had been working as an analyst at HSBC, specialising in leveraged and acquisition finance, and structured finance, in both London and Hong Kong office.

Dr. Liu also has a Master and Bachelor degree in economics and finance at University of Bristol. Dr. Liu's research interest includes performance impact of corporate manager's skill, executive compensation, corporate governance, and corporate social responsibility.

Recently, Dr. Liu has been investigating the impact of CEO skill set on firm’s CSR engagement and firm corporate governance choices.

Supervisory Topics: topics related to CEO’s incentive, corporate governance (internal and/or external monitoring), corporate innovation, and corporate social responsibility.

Areas of Expertise

  • Empirical Corporate Finance
  • Corporate Governance
  • Managerial Compensation
  • Corporate Social Responsibility

Publications

  1. & Managerial shareholding policies and retention of vested equity incentives. Journal of Empirical Finance 27, 116-129.

Teaching

  • MN-3002 Financial Market Efficiency

    The module is designed to develop an awareness of the hypothesis of financial market efficiency and the challenges to this hypothesis from behavioural finance.

  • MN-D002 Independent Project

    The report documents the result of an independently researched analysis of a finance related topic or issue. It is intended to provide a degree of synthesis of the various course components. The student should be able to demonstrate he/she is able to apply knowledge and skills gained and that he/she has an understanding of the wider context of the programme of study undertaken.

  • MN-M008 International Financial Markets and Institutions

    The financial sector is one of the most dynamic sectors of a modern global economic system. Innovations within the financial system of developed economies have been increasingly important in recent years and they have been evolving continuously. It is, therefore, important to analyse and understand the main institutions in financial markets, and examine the nature of the financial instruments (securities) they use. This module aims to provide students with an in-depth knowledge of financial systems, institutions, markets and instruments. In addition, this module also provides the gateway for students to understand the practice, policy and contemporary topics related to the financial markets and institutions.

  • MN-M051 Quantitative Research Method

    The module aims to teach students the basic understanding of academic research under the context of accounting and finance study, equip students with necessary skill to formulate research questions, to set up research database, and to perform regression analysis. By the end of the study, students should be prepared to move to more advanced data analysis modules.

Supervision

  • My topic is about the attributes of female busy directors affect the busy board (current)

    Student name:
    PhD
    Other supervisor: Dr Yuzhi Cai
  • Corporate governance, incentive and tax avoidance (current)

    Student name:
    PhD
    Other supervisor: Dr Dimitrios Vougas
  • Corporate governance: The effect of CSR on innovation (current)

    Student name:
    PhD
    Other supervisor: Dr Yuzhi Cai