吳震星副教授 / Zhen-Xing Wu
職稱: 副教授
現職: 資產管理所副教授
信箱: zxwu@cgu.edu.tw
電話: (03)211-8800 分機 2635
學歷: 國立中央大學財務金融學系博士
專長領域: 市場微觀結構、公司理財、資產定價、國際金融、程式交易、實驗經濟學
經歷
- 長庚大學資產管理研究所 副教授(2026/08 迄今)
- 中南財經政法大學金融系 副教授(2021/08–2026/07)
- 中南財經政法大學金融系 講師(2018/08–2021/07)
- St. John’s University 訪問學者(2019/07–2019/09)
- 國立中央大學財務金融學系 博士後(2017/10–2018/07)
- George Mason University 訪問博士(2015/07–2016/04)
教學領域
大學部
- 國際金融
- 職業道德倫理(CFA 考試科目)
- 公司金融
- 財務計量
- 國際金融管理
- 行為金融
研究生
- International Finance
- 資產定價
- 中級公司金融
- 投資銀行
- 計量經濟學
博士生
- Advanced Empirical Corporate Finance
- Classical Literature
- Classic Literature on Financial Institutions and Markets
榮譽獎項
- 2021, 台灣財務學會年會 富邦論文獎
- Faculty Advisor, 2020. CFA Institute Research Challenge – China South Sub-region, guiding the team to win Best Team Award and Best Report Award.
- 2017, 台灣財務學會年會 財務金融學刊最佳論文獎
- 2016, 斐陶斐學會會員
- 2015, 國科會千里馬計畫
- 2015, AFA Doctoral Student Travel Grant, American Financial Association, USA.
- 2014, 台灣財務學會年會 富邦論文獎
- 2010, 斐陶斐學會會員
PUBLISHED PAPERS (*INDICATES CORRESPONDING AUTHOR)
- Ma, Y., Rhee, S.G., Huang, G.-Y., & Wu, Z.-X.* (2026). Facilitator or threat? The role of liquidity in insider information exploitation. Journal of International Money and Finance, 167, 103594. (SSCI, NSTC Finance Journal Rank A)
- Zhu, H., Pan, H., Wu, Z.-X.*, & Huang, G.-Y. (2025). Green factory certification, information asymmetry, and stock liquidity. Finance Research Letters, 107816. (SSCI, NSTC Finance Journal Rank A-)
- Ma, X., Liang, L., Wu, Z.-X., Cao, Z., You, Y., & Xu, C. (2025). The relationship between air quality and financial risk aversion: A view of heterogeneous response to air pollution. The Developing Economies, 63(2), 183–206.
- Menkveld, A. J.*, et al. (2024). Non-standard errors. Journal of Finance, 78, 101517. (SSCI, NSTC Finance Journal Rank A+)
- Chao, C. H., Chang, T. Y., Chen, Z. X., & Wu, Z.-X.* (2024). Determinants of disposition effect in the real estate market: Evidence from Taiwan. Pacific-Basin Finance Journal, 87, 102503. (SSCI, NSTC Finance Journal Rank A Tier 2)
- Wu, Z.-X., Gau, Y.-F., & Chen, Y.-L. (2023). Price discovery and triangular arbitrage in currency markets. Journal of International Money and Finance, 137, 102912. (SSCI, NSTC Finance Journal Rank A Tier 1)
- Huang, G.-Y., Shen, C.-H.*, & Wu, Z.-X. (2023). Firm-level political risk and debt choice. Journal of Corporate Finance, 78, 102332. (SSCI, NSTC Finance Journal Rank A Tier 1)
- Wu, Z.-X., & Gau, Y.-F.* (2022). Informativeness of trades around macroeconomic announcements in the foreign exchange market. Journal of International Financial Markets, Institutions and Money, 78, 101533. (SSCI, NSTC Finance Journal Rank A-)
- Huang, G.-Y., Gau, Y.-F., & Wu, Z.-X.* (2021). Price discovery in fiat currency and cryptocurrency markets. Finance Research Letters, 102615. (SSCI, NSTC Finance Journal Rank A-)
- Chen, T.-Y., Chao, C.-H., & Wu, Z.-X.* (2021). Does the turnover effect matter in emerging markets? Evidence from China. Pacific-Basin Finance Journal, 67, 101551. (SSCI, NSTC Finance Journal Rank A Tier 2)
- Chen, T.-Y., Huang, G.-Y., & Wu, Z.-X.* (2021). Overreaction-based momentum in the REIT market. International Review of Finance, 1–19. (SSCI, NSTC Finance Journal Rank B+)
- Wu, Z.-X.*, Hong, Z.-W., & Gau, Y.-F. (2020). The effect of algorithmic trading on intraday price efficiency: Evidence from the foreign exchange market. Journal of Financial Studies, 28, 49–90. (TSSCI)
- Wu, Z.-X., & Chen, T.-Y.* (2019). Information asymmetry, market state, and implementation risk. The North American Journal of Economics and Finance, 59, 101007. (SSCI, NSTC Finance Journal Rank B+)
- Ma, X., & Wu, Z.-X.* (2019). Do sacred texts glorifying Allah facilitate Muslims’ trust and trustworthiness? Evidence from field experiments in China. Journal of Behavioral and Experimental Economics, 83, 101466. (SSCI)
- Gau, Y.-F., & Wu, Z.-X. (2017). Macroeconomic announcement and price discovery in the foreign exchange market. Journal of International Money and Finance, 79, 232–254. (SSCI, NSTC Finance Journal Rank A Tier 1)
- Gau, Y.-F., & Wu, Z.-X.* (2014). Order choices under information asymmetry in foreign exchange markets. Journal of International Financial Markets, Institutions & Money, 30, 106–118. (SSCI, NSTC Finance Journal Rank A-)