FULL TIME FACULTY
  • Ma, Zhong
  • Title: Professor
  • Tel:86-10-51685674
  • E-mail: zhma@bjtu.edu.cn
  • Department: Accounting
Education Background

Bachelor:1978-1982,Hefei University of Technology

Master:1985-1987,Northern Jiaotong University

Ph.D.:1996-09-2007-01,Beijing Jiaotong University

Work Experience(Including Academic Visiting)

1.1987-07-01,Beijing Jiaotong University,Associate Professor

2.1987-07-01,Beijing Jiaotong University,Lecturer

3.1987-07-01,Beijing Jiaotong University,Professor

Research Interests

Corporate Finance, Corporate Governance, Accounting Theory

Research Project
1. Academic Research

1. (CO-PI)Strategic change willingness and Innovation efficiency of enterprise group executives—A quasi-natural experiment based on text analysis and state-owned enterprise reform,Graduate Innovation Project of Basic Scientific Research Operating Expenses,CO-PI:Zhu, B.(2020-04-01 - 2022-03-31).

2. (CO-PI)Optimal capital allocation and innovation efficiency of enterprise group,Graduate Innovation Project of Basic Scientific Research Operating Expenses,CO-PI:Wang, Q.(2020-04-01 - 2022-03-31).

3. (CO-PI)Research on the formation mechanism of railway tariff,National Development and Reform Commission,CO-PI:Li, W.(2019-09-23 - 2020-06-30).

4. (PI)Research on optimal capital allocation and industrial transformation and upgrading of state-owned enterprise groups in Beijing,Beijing Philosophy and Social Affairs Office,PI:Ma, Z.(2019-07-01 - 2021-06-30).

5. (CO-PI)Research on the calculation of train class and passenger car seat cost in the formation of high-speed railway ticket price,Major Cultivation Project Supported by Humanities and Social Sciences of Basic Scientific Research Operating Expenses,CO-PI:Li, W.(2019-03-15 - 2026-09-30).

6. (CO-PI)The quality of accounting information and the effectiveness of risk supervision in commercial Banks—A study based on the background of international convergence of accounting standards for financial instruments,National Natural Science Foundation of China Youth Fund,CO-PI:Zhang, S.(2019-01-01 - 2021-12-31).

7. (CO-PI)Research on equity diversification, financing structure and corporate governance effectiveness of state owned enterprise groups,Basic Scientific Research Operating Expenses,CO-PI:Yang, X.(2018-04-01 - 2020-03-31).

8. (CO-PI)Monetary policy, overcapacity and dynamic adjustment of enterprise capital structure,Basic Scientific Research Operating Expenses,CO-PI:Cui, R.(2017-01-01 - 2018-12-31).

9. (CO-PI)Pyramid structure grouping operation and capital cost,Basic Scientific Research Operating Expenses,CO-PI:Wang, L.(2017-01-01 - 2018-12-31).

10. (CO-PI)Influence of creditors rights governance on resource allocation of listed companies,Basic Scientific Research Operating Expenses,CO-PI:Shu, G.(2017-01-01 - 2018-12-31).

11. (CO-PI)Research on price clustering problem based on price data of institutional investors based on IPO inquiry stage,MOE,Department of Humanities and Social Sciences Youth,CO-PI:Gao, S.(2016-09-01 - 2019-06-01).

12. (CO-PI)Research on the mechanism of earnings management caused by capital allocation and business distribution of parent and subsidiary companies,Basic Scientific Research Operating Expenses,CO-PI:Zhang, B.(2016-01-01 - 2017-12-31).

13. (PI)Research on the reshaping and implementation mechanism of state-owned capital management system in Beijing,Beijing Philosophy and Social Affairs Office,PI:Ma, Z.(2015-07-30 - 2017-06-30).

2. Consulting Research

1. (CO-PI)Research on governance structure and operation mechanism of Road Bureau Group Company,China Railway,CO-PI:Zhang, M.(2019-01-02 - 2020-12-31).

2. (PI)Research on key technologies of infrastructure finance under lean management,Social Science Commercially Funded Project,PI:Ma, Z.(2018-01-01 - 2020-12-30).

3. (CO-PI)Summary of sustainable development experiences and policy suggestions of central group,Social Science Commercially Funded Project,CO-PI:Pei, J.(2017-07-01 - 2019-01-31).

4. (CO-PI)Case study on sustainable development of central group,Social Science Commercially Funded Project,CO-PI:He, X.(2017-07-01 - 2019-01-31).

5. (PI)Research on management technology of cross-border fund management,Social Science Commercially Funded Project,PI:Ma, Z.(2017-01-01 - 2019-12-30).

6. (PI)Research on key technologies of enterprise finance integration in group enterprises,Social Science Commercially Funded Project,PI:Ma, Z.(2016-01-01 - 2017-12-31).

7. (PI)Investment budget management of power grid project,Social Science Commercially Funded Project,PI:Ma, Z.(2015-10-01 - 2016-09-30).

8. (CO-PI)Research on the internationalization strategy of small and medium-sized enterprises in Weifang,Social Science Commercially Funded Project,CO-PI:He, X.(2015-08-17 - 2015-11-30).

9. (PI)Research on the theory and model of mixed ownership economy in enterprise group,Social Science Commercially Funded Project,PI:Ma, Z.(2015-05-01 - 2016-09-30).

Honors and Awards

1.2017-01-01,First prize of Beijing Higher Education Teaching Achievement Award

2.2017-01-01,Commendation personnel engaged in education for 30 years

3.2016-01-01,National College Students Innovation and entrepreneurship training program project instructor

Teaching Courses

Undergraduate

Financial Management

Comprehensive research on financial management

Professional Introduction

Lectures on Frontiers of Economics and Management

Accounting and financial research methods and methodology

Fundamentals of Financial Management

Introduction to Business Administration

Corporate Governance in Accounting and Finance

Academic year papers

Financial management topics

Management Research Methodology (A)

Postgraduate

Frontier Topics in Corporate Finance Research

Corporate Finance Theory and Frontier Research

Corporate Governance

Financial Theory and Frontier Research

Advanced Econometrics

Research methods and essay writing

Corporate Finance Research Topics

Enterprise System and Corporate Governance Theory and Frontier Research

Research on Finance and Accounting Methods

Corporate governance structure

Empirical and case study methods of accounting and finance (Masters student)

Financial Management

MBA thesis and case writing methods

Accounting and Finance Research Methods (PhD)

Frontier Topics in Research on Enterprise System and Corporate Governance

Special Research on Enterprise System and Corporate Governance

Accounting and Finance Research Methodology (Master)

MBA thesis and case writing

Publications
1. Peer Reviewed Journals

1. Wang, L.,Ma, Z., & Shu, G.(2020).Debt distribution, subsidiaries diversification and cost of debt financing,Contemporary Finance & Economics.

2. Wang, L.,Ma, Z., & Hu, Y.(2020).Customer concentration and capacity utilization of listed companies,Journal of Guangdong University of Finance & Economics.

3. Yang, X.,& Ma, Z.(2020).Institutional investors corporate site visits and its effect on restricting the tunneling behavior of large shareholders,Journal of Central University of Finance & Economics.

4. Ma, Z.,Wang, L., & Cui, R.(2020).The impact of subsidiaries business and debt undertaking on the financing constraints of listed companies,Business Management Journal.

5. Yang, X.,& Ma, Z.(2019).The investigation of institutional investors and the effectiveness of internal control of listed companies,Journal of Zhongnan University of Economics and Law.

6. Li, Y.,Ma, Z., & Zhang, B.(2019).Mode innovation of mixed ownership reform in state-owned group enterprises—Taking China unicom as an example,Communication of Finance and Accounting.

7. Zhang, B.,Ma, Z., & Xia, Z.(2019).The implementation mode of mixed ownership reform based on the optimal allocation of state-owned capital,Reform of Economic System.

8. Zhang, B.,Ma, Z., & Xia, Z.(2018).Theoretical logic and practical enlightenment of mixed ownership reform in monopoly state-owned enterprises,Social Sciences in Xinjiang.

9. Sun, Y.,Ma, Z., & Liang, X.(2018).Debt distribution, debt maturity structure of subsidiaries and cash dividends of listed company,Commercial Research.

10. Sun, Y.,& Ma, Z.(2018).A Study on the double benchmark effect of executive compensation contract of affiliated group enterprise,Journal of Guizhou University of Finance and Economics.

11. Li, Y.,Ma, Z., & Zhang, B.(2018).Constructing a new supervision and assessment system of state-owned capital under the guidance of managing capital,Finance and Accounting Monthly.

12. Ma, Z.,Wang, L., & Yang, X.(2018).Subsidiaries diversification, business distribution and cash holdings—Based on the internal capital allocation of parent-subsidiary,Accounting Research.

13. Zhang, B.,Ma, Z., & Xia, Z.(2017).Theoretical research on the mixed ownership reform in state-owned enterprises,Reform of Economic System.

14. Ma, Z.,Zhang, B., & Xia, Z.(2017).Implementation and optimization of authorized operation system for state capital based on capital management,Economic Review Journal.

15. Liang, X.,& Ma, Z.(2017).Research on the influence of minority ownership ratio on cash dividend distribution of listed companies,Securities Market Herald.

16. Liang, X.,& Ma, Z.(2017).Subsidiaries geographical diversification, control of subsidiaries in group, and cash dividends of listed company,Journal of Shanxi University of Finance and Economics.

17. Xia, Z.,Ma, Z., & Chen, D.(2015).Debt distribution and enterprise risk taking—The test of intermediary effect based on investment efficiency,Nankai Business Review.

18. Xia, Z.,Ma, Z., & Chen, D.(2015).Information asymmetry, accounting conservatism and Group Credit Model,Journal of Zhongnan University of Economics and Law.

19. Chen, D.,& Ma, Z.(2015).Research on diversification and corporate financial liquidity—An overall study based on cash holding level and cash holding value,Securities Market Herald.

2. Textbook

1. Ma, Z.,Cases Analysis of Corporate Financial Management,China Machine Press,2015-04.

2. Ma, Z.,Financial Management,China Machine Press,2015-03.

3. Published Cases

1. Ma, Z., Zhao, J., Xing, Y., &Shu, G.,Private equity financing: good or bad? |A case analysis of NVC Lighting Holding Limited,,The Teaching Case Competition of the National Supervisory Committee for Professional Degrees in Finance,2018-01.

2. Ma, Z., Cui, R., &Shu, G.,Who is the final winner behind the seasoned equity offering? |A case analysis of Tianjin Tianhai Investment & Development Co., Ltd.,,The Teaching Case Competition of the National Supervisory Committee for Professional Degrees in Finance,2018-01.

4. Other publications
Teaching Development Articles

1. Ma, Z., Tao, Q., Xiao, X., Zhang, L.. To lead the construction of industrial and commercial clusters in Beijing and promote the creation of first-class industrial and commercial disciplines. Improving the Quality of Talent Training and Promoting the Construction of Double First-class | Collection of Papers on Undergraduate Teaching Research and Reform of Beijing Jiaotong University (2019). 2018-04..

2. Ma, Z.. Research teaching integration and implementation mode innovation based on OBE results - oriented. Improving the Quality of Talent Training and Promoting the Construction of Double First-class | Collection of Papers on Undergraduate Teaching Research and Reform of Beijing Jiaotong University (2020). 2018-04..

3. Ma, Z., Tao, Q., Xiao, X., Zhang, L.. To lead the construction of industrial and commercial clusters in Beijing and promote the creation of first-class industrial and commercial disciplines. Innovation for the future to promote the construction of double first - class. 2017-12..

4. Ma, Z.. Research teaching integration and implementation mode innovation based on OBE results - oriented. Innovation for the future to promote the construction of double first - class. 2017-12..

5. Ma, Z.. The teaching ability improvement and implementation mechanism of major courses based on mixed learning. The road to the cultivation and construction of undergraduate talents in world-class universities with distinctive features. 2016-04..

Others

1. Ma, Z., Tao, Q., Xiao, X., Zhang, L.. To lead the construction of industrial and commercial clusters in Beijing and promote the creation of first-class industrial and commercial disciplines. Improving the Quality of Talent Training and Promoting the Construction of Double First-class | Collection of Papers on Undergraduate Teaching Research and Reform of Beijing Jiaotong University (2019). 2018-04. .

2. Ma, Z.. Research teaching integration and implementation mode innovation based on OBE results - oriented. Improving the Quality of Talent Training and Promoting the Construction of Double First-class | Collection of Papers on Undergraduate Teaching Research and Reform of Beijing Jiaotong University (2020). 2018-04. .

3. Ma, Z., Tao, Q., Xiao, X., Zhang, L.. To lead the construction of industrial and commercial clusters in Beijing and promote the creation of first-class industrial and commercial disciplines. Innovation for the future to promote the construction of double first - class. 2017-12. .

4. Ma, Z.. Research teaching integration and implementation mode innovation based on OBE results - oriented. Innovation for the future to promote the construction of double first - class. 2017-12. .

5. Ma, Z.. The teaching ability improvement and implementation mechanism of major courses based on mixed learning. The road to the cultivation and construction of undergraduate talents in world-class universities with distinctive features. 2016-04. .

Social Practice
1. Administrative Experience & University and School

1. Head of Department of Accounting, School of Economics and Management, Beijing Jiaotong University ..