Mingming Zhou

ACADEMIC AND PROFESSIONAL ENGAGEMENT ACTIVITIES

Dr. Zhou is a full professor of finance and NYSE endowed chair at Pace University. She earned her Ph.D. at Rensselaer Polytechnic Institute in 2007 and joined Pace in 2019. She works in the area of banking and corporate finance. Before joining Pace University, she worked for University of Alaska Fairbanks from 2007 to 2009 (tenure-track assistant professor), and University of Colorado at Colorado Springs (tenured and promoted to associate professor in 2016) from 2009 to 2019. Before pursuing a Ph.D., she worked as an industry analyst and portfolio analyst from 2001 to 2002 in China.

Courses taught at Pace University:
Financial Management
Corporate Finance
Private Equity and Venture Capital
Finance Risk Management
Corporate Risk Management
Applied Financial Risk Management
Doctoral Foundation Seminar in Finance and Economics

SELECTED CONTRIBUTIONS & PUBLICATIONS

Zhou, M., Yang, S., Zhang, J., Zhao, H. (2025). Other Comprehensive Income Volatility and Bank Risk. Journal of International Financial Markets, Institutions and Money. 99.

Gonzalez-Padron, T., Fan, Y., Zhou, M. (2025). The Power of Focus, Emphasis, and Intent Exploring the Impact of CSR Strategic Orientation on Market Performance. Asian Journal of Business Ethics.

Zhang, H., Peng, J., Zhou, M. (2024). CEO Turnovers as Organizational Responses to Shocks in Competition. International Review of Economics & Finance. 96

Zhou, M., Moon, S.H., Zhu, Y. (2023). What’s in a Name? Leaders’ Names, Compensation, and Firm Performance. Journal of Financial Stability. 64

Zhou, M., Liu, F., Chen, Z., Peng, J., Zhang, H. (2022). Bank Loan Securitization and Bank Efficiency. Advances in Financial Economics. 21191-222.

Zhao, H., Li, J., Lei, Y., Zhou, M. (2022). Risk Spillover of Banking Across Regions: Evidence From the Belt and Road Countries. Emerging Markets Review.

Chen, Z., Liu, F., Peng, J., Zhang, H., Zhou, M. (2022). Securitization and Bank Efficiency. Advances in Financial Economics.

Francis, B.B., Hasan, I., Sun, X., Zhou, M. (2022). Trust, politics and post-IPO performance: SOEs vs. the private sector. Economic and Political Studies. 1-24.

Zhou, M., Cheng, M., Zhao, H. (2020). Foreign Strategic Investors, State Ownership, and Non-interest Activities: Evidence from China Non-interest Activities: Evidence from China. Journal of Financial Stability. 501-20.

Chen, M., Zhao, H., Zhou, M. (2020). Foreign Strategic Investors, State Ownership, and Non-interest Activities: Evidence from China. Journal of Financial Stability. 50

Francis, B.B., Hasan, I., Kullu, A., Zhou, M. (2018). Should banks diversify or focus? Know thyself: The role of abilities. Economic Systems. 42(1), 106--118.

Chen, Z., Liu, F.H., Opong, K., Zhou, M. (2017). Short-term safety or long-term failure? Empirical evidence of the impact of securitization on bank risk. Journal of International Money and Finance. 7248-74.

Hasan, I., Kobeissi, N., Wang, H., Zhou, M. (2017). Bank financing, institutions and regional entrepreneurial activities: Evidence from China. International Review of Economics & Finance. 52257--267.

Fungacova, Z., Weill, L., Zhou, M. (2017). Bank capital, liquidity creation and deposit insurance. Journal of Financial Services Research. 51(1), 97--123.

Cheng, M., Zhao, H., Zhou, M. (2016). The effects of foreign strategic investors on business models in China’s commercial banks: does ownership structure matter?. Applied Economics. 48(58), 5676--5698.

Chiaramonte, L., Liu, H., Poli, F., Zhou, M. (2016). How accurately can Z-score predict bank failure?. Financial Markets, Institutions and Instruments. 25(5), 333--360.

Li, H., Liu, H., Siganos, A., Zhou, M. (2016). Bank regulation, financial crisis, and the announcement effects of seasoned equity offerings of US commercial banks. Journal of Financial Stability. 2537--46.

Shaffer, S., Hasan, I., Zhou, M. (2015). New small firms and dimensions of economic performance. Economic Development Quarterly. 29(1), 65--78.

Hasan, I., Kobeissi, N., Wang, H., Zhou, M. (2015). Banking Structure, Marketization, and Small Business Development: Regional Evidence From China. Pacific Economic Review . 20(3), 487--510.

Hasan, I., Wang, H., Zhou, M. (2015). Regional Banking Development and Small Business Growth: Evidence from China. In Scott L Newbert (Ed.), Small Business in a Global Economy [2 volumes]: Creating and Managing Successful Organizations. Santa Barbara, California: Praeger.

Brau, J.C., Dahl, D., Zhang, H., Zhou, M. (2014). Regulatory reforms and convergence of the banking sector: evidence from China. Managerial Finance. 40(10), 956-968.

Francis, B.B., Hasan, I., Zhou, M. (2013). The effects of stock splits on the bid-ask spread of syndicated loans. . 5(1-2), 159--187.

Francis, B.B., Hasan, I., Zhou, M. (2012). Strategic conservative earnings management of technology firms: Evidence from the IPO market. Financial Markets, Institutions and Instruments. 21(5), 261--293.

Du, W., Waisman, M., Wang, H., Zhou, M. (2012). Do Bondholders Care about Managerial Stability? Evidence from the Financial Services Industry. Journal of Investing. 21(2), 92--100.

Berger, A.N., Hasan, I., Zhou, M. (2010). The effects of focus versus diversification on bank performance: Evidence from Chinese banks. Journal of Banking & Finance. 34(7), 1417--1435.

Hasan, I., Wachtel, P., Zhou, M. (2009). Institutional development, financial deepening and economic growth: Evidence from China. Journal of Banking & Finance. 33(1), 157--170.

Hasan, I., Wang, H., Zhou, M. (2009). Do better institutions improve bank efficiency? Evidence from a transitional economy. Managerial Finance. 35(2), 107-127.

Berger, A.N., Hasan, I., Zhou, M. (2009). Bank ownership and efficiency in China: What will happen in the world’s largest nation?. Journal of Banking & Finance. 33(1), 113--130.

Berger, A.N., Hasan, I., colorado, (2009). Institutional development, ownership structure, and business strategies: a new era in the Chinese banking industry. China’s Emerging Financial Markets. (pp. 369--401). Boston, MA: Springer.

Hasan, I., Zhou, M. (2008). Financial sector development and growth: the Chinese Experience. Domestic Resource Mobilization and Financial Development. (pp. 89--111). London: Palgrave Macmillan.