Professor of Corporate Finance

Dean of Business School      

Phone: 86-10-82509061(o)  

Email: yizh@ruc.edu.cn

EDUCATION

Ph. D--Finance    
Renmin University of (RUC), Beijing ,  2000.
M.A.—Business Economics
Renmin University of (RUC), Beijing , 1989.
B.A.-- Business Economics
Renmin University of (RUC), Beijing ,1986.

EXPERIENCE

Professor
School of Business Administration , Renmin University of           June, 2001–Present
Design and teach a MBA course in Capital Market· Cover risk-return theory, market participants and structure, interest and bond valuation, derivative market, stock market, debt market. 
Teach an undergraduate course in Finance â€?Cover financial system, time and resourse  allocation, valuation model, risk management and portfolio theory, assets pricing.
Participated in Asia Research Conference on Corporate Governance held by HBS in Shanghai in July of 2001.

Visiting Scholar
Business School , University of Michigan               January 2004-July 2004
Did research on financial system and corporate financial policy ·Cover comparative research on corporate capital structure in different financial system, research on interrelationship of financial system and capital structure.
Economics Department and HBS, Harvard University             August 1997-July 1998
Did research on pension reform �Cover comparative research on pension model in different countries, research on interrelationship of pension fund and capital market.
Associate Professor
School of Business Administration , Renmin University of China   June, 1996â€?May, 2001
Designed and Taught an undergraduate course in Consumption Economics�Cover consume behavior theory, saving-lifecycle model, permanent income model, consumption demand analysis.
Taught an undergraduate course in Corporate Finance�Cover value and capital budgeting, risk, capital structure and dividend policy, financial planning, long-term and short-term financing.
Participated in Asia Pacific Research Conference held by HBS in Hongkong in January of 1999.
Lecturer
School of Business Administration , Renmin University of China          June, 1991â€?May, 1996
Developed and Taught an undergraduate course in Business Economics�Cover consumer choice theory , supply and demand theory, market structure, economic analysis in government business policy.
Research Fellow
National Committee of Economic System Reform              September ,1991-July,1992
Performed macroeconomic analysis �Participated in conducting an international seminar on futures market in China.
Assistant  Professor                                       September ,1989-July,1991
Assisted Business Economics and Consumption Economics course.

RESEARCH  INTERESTS

pension reform and capital market, corporate finance, consumption economics.

SELECTED PUBLICATIONS

1. Zhihong, Yi.& Yan, Du 2005. Empirical Research on the Efficiency of Independent Board Member System “Economic Theory and Management�Magazine, November 2005.
2. Zhihong, Yi. 2005. The Role of Employer-sponsored Pension Plan in Pension System  “Financial and Trade Economyâ€?Magazine, November 2005.
3.Zhihong, Yi. The Case of Capital Market , edited, Published by Press of Renmin University of China, November 2004.
4. Zhihong, Yi.  Consumption Economics , edited, Published by Press of Renmin University of China, September 2004.
5. Zhihong, Yi & Zhiqiang Zhang. Financial Market and Corporate Strategy (Mark Grinblatt & Sheridan Titman),translated, Published by Press of Renmin University of China, June 2003.
6. Zhihong, Yi & Li Jin. Finance (Zvi Bodia & Robert Merton),translated, Published by Press of Renmin University of China, October 2000.
7. Zhihong, Yi. 2000. Pension Reform: Model Selection and its Influence on Financial System. Published by Press of Finance & Economy of , May 2000.
8. Zhihong, Yi. 2000. Research on the model Selection of Pension Reform in , “Economic Theory and Management�Magazine, May 2000.
9. Zhihong, Yi. The Problems in Pension Reform in . “Financial and Trade Economy�Magazine, October 2000.
10. Zhihong, Yi. Innovation and Coordination: the Establishment of Stock Market for Venture Firms, “Science & Technology Daily� May 21, 2001.
11. Zhihong, Yi & Chuanlun Wang, 1998. The Financial Control in Process of Financial liberty.  “Financial and Trade Economyâ€?Magazine, February 1998.
12. Zhihong, Yi & Chuanlun Wang, 1997. The National Import & Export Bank Should have Long-term and Stable Fund Resource . “Financial and Trade Economy�Magazine, January 1997.

CURRENT RESEARCH PROJECTS

The Comparative Research on Financial System and Capital Structure in , and , Center of Asian Study, Renmin University . The Investment of Pension Fund and Development of Capital Market,  Social Science Foundation of .

Research on Income and Investment Return of  Non-profit Organization , Ministry of  Water Conservancy. 

AWARD

1.       Fok Ying Tung Education Foundation “Excellent Young Teacher Award for Higher Educational Schoolâ€? 2002.

2.       The 7th Beijing Philosophy & Social Science Excellent Research Award, 2002.

3.       The National Teaching Achievement Award,2001.