刘建祥，男，1996年10月生，博士，毕业于上海财经大学金融专业，主要从事机构投资者、微观公司金融等相关领域的研究，参与省级和市级等多项课题，发表SSCI论文10篇。

联系方式：E-mail：kabike2023@163.com

主要研究领域：机构投资者；微观公司金融。

近年来发表的代表性学术论著：

[1]Liu J*, Yi W Y. Does the style drift caused by frequent cross-industry portfolio rebalancing harm fund performance? Evidence from China[J]. Finance Research Letters, 2024, 60: 104838.

[2]Liu J, Yi W, Lin Y. How does the social responsibility preference of funds affect stock price synchronicity?[J]. Finance Research Letters, 2024, 65: 105596.

[3]Liu J, Chen L. Devil in FIPA: the motivations and consequences of frequent inter-industry portfolio adjustments in the Chinese mutual fund market[J]. Applied Economics, 2024: 1-18.

[4]Chen L,Liu J*. Mutual fund illiquidity, selling pressure, and left-tail risk in stocks[J]. Economics Letters, 2024, 242: 111856.

[5]Chen L,Liu J*. How does leverage manipulation affect corporate default risk?[J]. Applied Economics Letters, 2024: 1-7.

[6]Chen L,Liu J*. Does labour outsourcing reduce the cost of equity?[J]. Applied Economics, 2025: 1-19.

[7]Liu J*, Yi W Y. The impact of business environment on corporate default risk: Evidence from China[J]. Applied Economics Letters, 2025, 32(5): 644-651.

[8]Li Z, Ji Y,Liu J. Government subsidies, supply chain development and firm valuation[J]. Applied Economics Letters, 2025: 1-6.

[9]Wei, A., Zhang, J.,Liu, J., & Cao, A. (2025). Sponsor co-investment and valuation bias of affiliated analysts. Applied Economics Letters, 1–8.

[10]Liu J*, Zhao P.,Does frequent cross-industry portfolio rebalancing by mutual funds introduce vulnerability into stocks[J]Applied Economics. (Accepted)