Home > By Name > CAI Yu

  • By Department

  • Assistant Professor

    • CAI Yu
    CAI Yu

    Lecturer

    Department: Accounting

    caiyu@tongji.edu.cn

    Research Area: Information disclosures, Financial analysts, Mutual funds, Corporate finance, Public policies.

    PhD, CFA, CPA (China).

    EDUCATION EXPERIENCE TEACHING AND RESEARCH SERVICE AWARDS/RECOGNITION
    • 2012: PhD, Nanyang Business School, Nanyang Technological University, Singapore
    • 2005: M.A, Graduate School of the People's Bank of China
    • 2002: B.A, University of International Business and Economics

    Teaching Positions

    •  2013－Now: School of Economics and Management, Tongji University

    RESEARCH FIELD

    •   Information disclosures
    •   Financial analysts
    •   Corporate finance
    •   Mutual funds
    •   Public policies

    TEACHING INTERESTS

    •  Investments
    •  Financial Management
    •  Corporate governance
    •  Empirical research methods in finance

    Sponsored Research Projects

    • National Natural Science Foundation of China, General Project, 72372097, Research on Intrinsic Motivation of Executives in State-Owned Enterprises, January 1, 2024, to December 31, 2027, 400,000 RMB, Active, Participant
    • National Natural Science Foundation of China, General Project, 72272108, Administrative Hierarchy, Tax Planning, and Corporate Tax Burden, January 1, 2023, to December 31, 2026, 450,000 RMB, Active, Participan
    • China's Ministry of Education, Forecast pessimism and recommendation returns, 2014-2016, Principal Investigator

    Selected Publications

    • Bai, Y., Cai, Y., Dai, L., & Wu, Y. (2026). Tax Revenue Pressure and Taxpaying Credit Ratings. Journal of Accounting Literature. Accepted.
    • Cai, Y., Fu, R., Lau, S., & Yin, H. (2026). Earnings Announcement Informativeness and Expected Stock Returns. Journal of Accounting, Auditing and Finance. Accepted.
    • Zhuo, R., Qiao, Z., Li, A., Sang, B., & Cai, Y. (2025). Supply Network Structure and Firm Tail Risk. Research in International Business and Finance, 103095.
    • Cai, Y., & Wang, Q. (2024). Money and migration: a regional perspective from China. Regional Studies, 1–14. https://doi.org/10.1080/00343404.2024.2418883
    • Yu Cai, and Qing Wang. 2022. Money Funds Manage Returns. Pacific Basin Finance Journal, 71, 101682.
    • Yu Cai, Yanhui Jiang, Huifang Yin, and Huai Zhang. 2020. Do managers choose the proxy material delivery method strategically? Journal of Accounting, Auditing & Finance, 35 (2): 379-405.
    • Yu Cai, Bruce Chapman, and Qing Wang. 2019. Repayment burdens of mortgage-style student loans in China and steps toward income-contingent loans. Economics of Education Review, 71, 95-108.
    • Zheng Qiao, Yu Cai, and Fanglei Chen. 2017. Ownership concentration and market reactions to asset sale announcements, Journal of Xiamen University (Arts and Social Sciences) (3), 67-77. (In Chinese)
    • Yu Cai, and Sie Ting Lau. 2015. Informed trading around earnings and mutual fund alphas. Journal of Banking & Finance, 60, 168-180.
    X Thank you for your interest in Master of Global Management, Tongji University!