The Institute of Modern Management

Weian LI
The Institute of Modern Management
Tel: 022-23498746
  • Biography

  • Research & Achievement

  • Projects

  • Teaching

Research Areas



Nankai University, Tianjin, P. R. China

Directorof China Academy of Corporate Governance, Nankai University/TianjinUniversityof Finance and Economics


April 1992 – October 1996    Ph.D., Business Administration, KeioUniversity, Japan

September 1988 – April 1992  Ph.D., Economics, Nankai University, P. R.China (joint Ph.D Program, Hitotsubashi University, Japan)

September1985 – June 1988 Master, Economics, Nankai University, P. R. China

Professional Experience

NankaiUniversity, Tianjin, P. R. China

ChairProfessor of Nankai University, November 2018 -present


TianjinUniversity of Finance and Economics, Tianjin, P. R. China

President,December 2013- January 2018 

DongbeiUniversity of Finance and Economics in Dalian, Liaoning Province, P. R. China

President,September 2010- October 2013 

NankaiUniversity, Tianjin, P. R. China

Dean,China Academy of Corporate Governance of Nankai University, October 2001-present

ChiefEditor, Nankai Business Review, September 1998 –January 2018

ChiefEditor, Nankai Business Review International, February 2010 –present

Professor,Institute of Modern Management, Business School of Nankai University, November1997 -present

Dean,Business School of Nankai University, November 1997 –June 2011

Director,Institute of Modern Management, Business School of Nankai University, November1997 – December 2007

Professor,Department of Economics of Nankai University, December 1996-November 1997

Lecturer,Department of Economics of Nankai University, January 1989


  1. 2020Second Class Prize of the P. R. China Academic Social Sciences OutstandingAchievement Award rewarded by Ministry of Education of China

  2. 2019First Class Prize of Outstanding Achievement Award on Chinese Enterprisesreform and development

  3. 2019First Class Prize of Tianjin Academic Social Sciences Outstanding AchievementAward

  4. 2018 The ManagementScience Award of China Management Science Society (Academic)

  5. 2017 the NationalLibrary of Philosophy And Social Sciences Achievements

  6. 2015 Second Class Prize ofthe China Academic Social Sciences Outstanding Achievement Award rewarded byMinistry of Education of China

  7. 2015The first (2014) SunYefang Financial Innovation Award (Outstanding Paper)

  8. 2012 Second Class Prize ofthe China Academic Social Sciences Outstanding Achievement Award rewarded byMinistry of Education of China

  9. 2009National May Day Labor Award

  10. 2009 National Award forDistinguished Teacher

  11. 2009 Second Class Prize ofthe China Academic Social Sciences Outstanding Achievement Award rewarded byMinistry of Education of China

  12. 2008 “Corporate Governance”course was appraised as one of National Excellent Courses in ChineseUniversities

  13. 2008 First Class Prize of TianjinAcademic Social Sciences Outstanding Achievement Award

  14. 2007 Excellent ManagementAward

  15. 2007 Second Class Prize ofthe P. R. China Academic Social Sciences Outstanding Achievement Award rewardedby Ministry of Education of China

  16. 2007 China MBA EducationContribution Award of CCTV

  17. 2006 First Class Prize of TianjinAcademic Social Sciences Outstanding Achievement Award

  18. 2005 Second Class Prize ofNational Teaching Achievement Awards of China

  19. 2005 First Class Prize of TeachingAchievement Awards of Tianjin

  20. 2004 First Class Prize of TianjinAcademic Social Sciences Outstanding Achievement Award

  21. 2003 Sun Yefang Award forEconomic Science

  22. 2002 Grand Prize of Tianjin AcademicSocial Sciences Outstanding Achievement Award

  23. 2002 First Class Prize ofthe China Academic Social Sciences Outstanding Achievement Award rewarded byMinistry of Education of China

  24. 2001 the second Jiang YiweiExcellent Works Award of Enterprise Reform and Development Fund

  25. 2001 Young Teacher Award ofHigher Education Institutions rewarded by Ministry of Education of China

  26. 1999 Special GovernmentAllowance given by the State Council of P. R. China

  27. 1999 First Class Prize of TianjinAcademic Social Sciences Outstanding Achievement Award

  28. 1999 Excellent TeachingAward of Baogang Foundation

Social Service

Editor-in-Chief of ChinaEncyclopedia • Business Administration Volume

Co-President of ChineseAcademy of Management

Vice President of ChinaBusiness Management Research Association

Vice-Chairman of ChinaGroup Companies Association

Member of the Professional Qualification Recognition Committeefor External Directors of Central Enterprises

Convener of the 6th Discipline Appraisal Group (Business Administration)of the Academic Degrees Committee of the State Council

Vice Chairman of Business Administration Teaching andInstruction Committee, the Ministry of Education, P. R. China

Memberof the 7th National Higher Education Establishment Appraisal Committee

Member of the Management Department of the 6th Scienceand Technology Committee , the Ministry ofEducation, P. R. China

Chairman ofCCTV Financial Channel Index Expert Committee

Memberof the Expert Committee on Discipline Development and Professional Setting ofthe Ministry of Education, P.R. China

Member of the 5th National MBA Teachingand Instruction Committee, the Ministry of Education, P. R. China

Honorary Consultant of SOItmCSociety of Open Innovation: Technology, Market & Complexity

Member of Academic Advisory Committee of Frontiers ofBusiness Research in China

Member of Editorial Board of Corporate Ownership andControl Journal

Chief editor of Nankai business Review International

Vice Chairman of Academic Committee of China ManagementSciences Society

Executive vice president of Society of management scienceand Engineering Society of China(Previously Appointed)

President of Tianjin Management Association

Adjunct Professor of the Faculty of  Business Administration ,University of Macau

Special advisor, School of management, ZhejiangUniversity

VisitingProfessor, Heriot-Watt University, UK

Consultant Professor, University of International Businessand Economics

Adjunct Professor, Tongji University

Adjunct Professor, Wuhan University

Adjunct Professor, Shandong University

Adjunct Professor, Southwestern University of Finance andEconomics

Distinguished Professor, Capital University of Economics and Business

VisitingProfessor, Keio University, Japan(Previously Appointed)

Adjunct Professor , Northeastern University

Recent Publications:
  1.  “The Urgent Problems and Countermeasures of Emergency Governance System under the Condition of Novel Coronavirus Pneumonia Outbreak” Bulletin of Chinese Academy of Sciences2020,(3)

  2. ”On the cultural construction of securities industry from the perspective of corporate governance,China finance, 2020,(5)

  3. Reconstruction of industrial structure and management of enterprise crisis under epidemic situation”,China Family Business Review,2020.03

  4. “Green Governance Structure, ownship characteristics and Corporate Financial constraint”, Journal of Cleaner Production,2020.

  5. “Stakeholder Pressures and Corporate Environmental Strategies: A Meta-Analysis”,Sustainability,2020,12(3):1172.

  6. “Research on Innovation Strategy of Female Executive Based on Family Attributes and Gender Attributes”, Chinese Journal of Management,2019(11)

  7. “Chairman of the Board's Poverty Experience and Corporate Strategic Risk-taking”, East China Economic Management,2019,(11)

  8. “How to break through the restriction of Administrative economic governance model”, Tsinghua Financial Review,2019,(9)

  9. “Board Informal Hierarchy and Firm Violation”, Finance and Trade Research, 2019,(8)

  10. “Prevention of governance risk of listed financial institutions”, China Banking,2019,(7)

  11. “Research on Green Governance of Chinese Listed Companies and Its Evaluation”, Management World ,2019,(5)

  12. “Study of Chinese Social Organizations Governance Transition Path and Traits Based on the Social Control Theory”, Management Review ,2019,(4)

  13. “Forty Years of Corporate Governance Research:A Review and Agenda”, Foreign Economics & Management,2019,(12)

  14. “Green Governance: New Perspective from Open Innovation”, Sustainability, 2018, 10(11): 3845.

  15. “The Latest Development of Foreign Insurance Company Governance, Based on 2008-2017 Literature Review”, Insurance Studies,2018,(4)

  16. “Interpretation of leveraged buyout from the governance Implication of the ‘Baoneng-Vanke Contest ’,Tsinghua Financial Review,2017,(1)

  17. “Social Networks in Corporate Governance: Comparative Analysis of Domestic and Foreign Literature Based on Scientometrics”, Foreign Economics & Management,2017,(1)

  18. “Board Social Independence and CEO Turnover:Based on Research of Illegal Listed Company”, Journal of Management Science,2017,(2)

  19. “Does ‘Tongxiang Guanxi’ Play a Role in Policy Burden?A Test in the Local State-owned Enterprises”, Wuhan University Journal(Social Science),2017,(2)

  20. “Can Tongxiang Guanxi Play a Role in Executive Promotion? An Empirical Test Based on the Heads of Provincial State-owned Enterprises”, Journal of Finance and Economics,2017,(1)

  21. “Empirical Study on Power Compensation Effect of Private Companies' Leadership Separation”, Chinese Journal of Management,2017,(6)

  22. “Listen Broadly or Not? The Information Effect of Funds Network on Investment Efficiency”, Business Management Journal,2017,(10)

  23. “Do Donors Care about Commonweal Project of Charity Organization: An Empirical Study Based on the Rational Choice Theory”, Nankai Business Review,2017,(4)

  24. “Theoretical Research on Supply Chain Governance:Concept, Intention, and Normative Analysis Framework”, Nankai Business Review,2016,(1)

  25. “Does Corruption Grease or Sand the Wheels of Private Investment?”, Comparative Economic & Social Systems,2016,(2)

  26. “Plitical Performance Drive,Political Connection and Private Enterprises’ Investment Expansion”, Economic Theory and Business Management,2016,(5)

  27. “Corporate Foundations and Their Governance: Research Development and Future Prospects”, Foreign Economics & Management,2016,(6)

  28. “How Does Government Intervention Affect OFDI? An Institutional Theory Perspective”, Journal of Finance and Economics,2016,(3)

  29. “Family Management, Ownership and Management Separation and Accounting Conservatism”, Securities Market Herald ,2016,(3)

  30. “Does Social Capital Matter for Private Enterprises' Debt Sources?”, Economic Management Journal,2016,(4)

  31. “Information Environment Dynamics and Risk Function of Corporate Board—Based on the Perspective of Risk Disclosure”, Research on Economics and Management,2016,(5)

  32. “Pay- Performance Upside Down and Pay Adjustment:On the Maintenance of Pay Justification”, Finance and Trade Research,2016,(2)

  33. “Promotion of political achievements, political connection and investment expansion of private enterprises”, Social Science Digest,2016,(6)

  34. “Research on Power Distribution Model of the SOE Board——Based on the Perspective of Dual Power Coupling Evolution”, China Industrial Economics,2016,(8)

  35. “Corporate governance of rural credit cooperatives”, China Finance,2016,(9)

  36. “Innovation incentives or tax shield?—A study of the tax preferences of high-tech enterprises”, Science Research Management,2016,(11)

  37. “A Study on Anchoring Effects of Acquisition Premiums Decision”, Economic Research Journal ,2016,(6)

  38. “Research on the Effects of Board Informal Hierarchy on Firm Performance and its Affecting Mechanisms”, Journal of Management Science,2015,(1)

  39. “Philanthropy, Political Connection and Debt Finance: Reciprocal Behavior of Governments and Private Enterprises”, Nankai Business Review,2015,(1)

  40. “Accounting Conservatism,Information Asymmetry and M&A Performance:Evidence from Shanghai and Shenzhen A-share Listed Companies”, Economic Management Journal,2015,(2)

  41. “The market valuation of M&A announcements in the United Kingdom”, International Review of Financial Analysis, 201648350-366.

  42. “New Thinking of Corporate Governance in the Era of Self-Organization”, PKU Business Review,2015,(3)

  43. “Managerial Ownership,Accounting Conservatism and M&A Performance:Evidence from Shanghai and Shenzhen A-share Listed Companies”, Journal of Audit & Economics,2015,(4)

  44. “Dynamic Effect of Managers and Their Related Parties’ Ownership: Based on Over-investment”, Journal of Industrial Engineering and Engineering Management,2015,(7)

  45. “Effect of Compliance on Governance Effectiveness in the Corporate Governance Supervision Environment—An Empirical Study Based on China Insurance Industry Data”, China Industrial Economics,2015,(8)

  46. “Does Chinese Listed Financial Institutions Governance Play an Effective Role:A Study from the Perspective of Risk Taking”, Modern Finance and Economics Journal,2015,(11)

  47. “Corporate Governance in China: Research and Evaluation”, John Wiley & Sons Pte. Ltd., 2008.
    “From Corporate Governance to National Governance”, co-authored, Jiangsu People's Publishing Ltd., June 2018

  48. “Report on the Revision of China's Corporate Governance Standards”, Economic Science Press, August 2018

  49. “Green Governance Principle and Comparison of International Governance Rules”, China Science Publishing & Media Ltd., June 2018

  50. “Governance of State Holding Financial Institutions”, China Science Publishing & Media Ltd., May 2018

  51. “Report on Corporate Governance Evaluation of China's Listed Companies in 2015”, The Commercial Press, August 2016

  52. “China Corporate Governance and Development Report”, Peking University Press,April 2016

  53. “Corporate Governance Manual”, Coauthored, Tsinghua University Press, August 2015



  1. “DevelopmentReport of State Holding Listed Companies”, State-owned Assets Supervision andAdministration Commission of the State Council, December2018-December2021

  2. “Researchon the Mechanism And Standard of Green Governance, Humanities and SocialSciences Research Project of the Ministry of Education”, theMinistry of Education, P. R. China, April 2018-May 2019

  3. “Researchon the Governance Style and Management Mode of World-Famous Scientific and TechnologicalCommunities and Its Implication to the Governance of Chinese Scientific andTechnological Communities”, Major Research Projects of China Association forScience and Technology,May 2017-June 2018

  4. “Researchon the Organization and Mode of Modern Social Governance ”, Major Program ofNational Natural Science Foundation of China, August 2015-December 2020

  5. “Researchon the Capital Structure of Modern Enterprises “,the Ministry of Finance ,P. R.China, May 2014-October 2014

  6. “ImprovingCorporate Governance, Compliance Management and Corporate Social Responsibilityof Chinese Enterprises”,Asian Development Bank, February 2013-November 2013

  7. “DevelopmentReport of China's Listed Companies”, Humanities and Social Sciences Project , theMinistry of Education, P. R. China, October 2011-October 2020

  8. “BasicResearch on Chinese Enterprise Management Science: a Special Study on CorporateGovernance”, Development Research Center of the State Concil, September2010-August2012

  9. “Studyof Promoting Corporate Governance in State-owned Financial Institutes”, MajorProject of National Social Science Foundation of China, December 2010 -December 2013

  10. “Research on theSupervision Mode of the Board of Supervisors of the Central Enterprises”, State-ownedAssets Supervision and Administration Commission of the State Council,July2009-May 2010

  11. “Study on BoardStructure, Mechanism and Evaluation”, Key Research Institute of Humanities andSocial Sciences at Universities Project ,the Ministry of Education, P. R. China,2008-2011

  12. “Research on InnovationCapacity of National Large Enterprise Groups”, Major National Soft ScienceResearch Project, 2008-2009

  13. “Information Disclosureof Corporate Governance in China”, UNCTAD project, November 2007

  14. “A comparative study onthe governance models of domestic and foreign enterprises”, the OrganizationDepartment of the Central Committee, June 2006

  15. “Research on ChinaCorporate Governance and Evaluation”, Major Program of National Natural ScienceFoundation of China, 2005-2009

  16. “Research on theEvaluation of Directors of State-Owned Companies”, State-owned AssetsSupervision and Administration Commission of the State Council ,November2005-January 2006

  17. “Research on theEvaluation Index System of the Leading Members in Chinese State-OwnedEnterprises”, State-owned Assets Supervision and Administration Commission ofthe State Council, June 2005- January 2006

  18. “Research on theConstruction of the Board Of Directors of the Wholly State-Owned Company inChina”, State-owned Assets Supervision and Administration Commission of theState Council , June 2005-July 2006

  19. “Research on SMEeconomic development index(SMEI) in China”, the National Development and ReformCommission and the Ministry of Finance of the People’s Republic ofChina,2005-2007

  20. “Research onInstitutional Innovations and Development of China Private Enterprises”, KeyProject of Philosophy and Social Sciences Research, Ministry ofEducation,2004-2007.

  21. “Research on theCurriculum Development of Corporate Governance and Value Management” ,the WorldBank project, January 2004-January 2007

  22. “Research on EvaluationIndex of China Corporate Governance”, Key Research Institute of Humanities andSocial Sciences at Universities project, the Ministry of Education, P. R. China,2004-2007

  23. “Research on theDevelopment of Private Enterprise Cluster and Its Policy System”, National SoftScience Project Fund, November2003-July 2004

  24. “Research on the Effectsof SARS on Society and Economy and Strategies”, National Natural ScienceFoundation, 2003-2004

  25. “Modern corporategovernance and enterprise management innovation”, “211” Project , 2001—2005

  26. “Structure, Mechanismsand Applications of Network Governance”, National Natural Science Foundation,2003- 2005

  27. “Research on OperationMechanism and Governance of Network Organization”, Special Scientific ResearchFund for Doctoral Program of the Ministry of Education,20022004

  28. “Research on RiskControl and the Reform of Governance Structure in Financial Institutes”,National Social Science Foundation, 2002-2004

  29. “Research on the InternalRestriction Mechanism of Enterprise Credit Based on Corporate Governance”, NationalNatural Science Foundation Emergency Project, September 2001—September 2002

  30. “A Study on theCorporate Governance Mechanism of Multinational Corporations in China”, KeyProjects of Tianjin Philosophy and Social Science Foundation, November 2001— November2002

  31. “Modern managementdiscipline construction project in e-management Era”, the “985” Project, July 2001-July2004

  32. “A study on thegovernance mechanism of state-owned enterprises interacting with multinationalcorporations”, Tianjin Social Science Fund , January 2001—January 2003

  33. “Research on the DemandChange of Management Talents and the Reform of Management Education in the 21stCentury”, Teaching Research Association of High-level EducationJanuary 2000—January 2002

  34. “Comparative Studies onCorporate Governance between Japan and China”, National Natural ScienceFoundation, 1999-2001

  35. “Research on ModernCorporate Governance Structure: Financing Channels, Capital Structure andCorporate Governance”, Social Science Planning Fund Project of the Ministry ofEducation, October 1998—October 2001

  36. “Research onShareholding System: Capital Structure, Corporate Governance and theReconstruction of Shareholding System for SOEs”, National Social ScienceFoundation, 1998-2000

  37. “Study on CounterbalanceMechanisms of Managers’ Behaviors in the Transition of P. R. China SOEs”,National Natural Science Foundation, 1998-2000

  38. “A Study on theMechanism of Behavior Control of Managers in Modern Enterprise System”, ExcellentTeachers Fund supported by the Ministry of Education, P. R. China , May 1997—June1999

  39. “An InternationalComparative Study of Corporate Governance”, the JSPS project, April 1997—March 1999

(Large EnterpriseConsulting Projects):

  1. “Researchon the Systematic Supervision Resources of China Shenhua Board of Supervisorsat All Levels”, Shenhua Group of China, October 2012—May 2013

  2. “Researchof Industrial and Commercial Bank of China”, Industrial and Commercial Bank ofChina, March 2011—March 2013

  3. “ConsultingProject of Coca Cola”, Coca Cola Beverage Co., Ltd ,December 2007—December 2009

  4. “GovernanceDiagnosis of Beijing Vantone Real Estate Company”,Beijing Vantone Real Estate ,January2005—December 2006

  5. “ManagementPolicy Consultation of China General Nuclear Power Group”, China GeneralNuclear Power Group, January 2005—December 2007

  6. “Researchon the Upgrading of Enterprise Management of Inner Mongolia Yili IndustrialGroup”, Inner Mongolia Yili Industrial Group ,January 2002—December 2002

  7. “COSCOShipping Bulk Company Management Consulting”, COSCO Shipping Bulk Co.,Ltd, June2001—June 2002

  8. “NewStrategy of Capital Expansion of Sanjiu Enterprise Group”,Shenzhen SanjiuEnterprise Group ,May 2001—October 2001

  9. “CNPCOffshore Egineering Company Management Consulting”, CNPC Offshore EgineeringCompany ,April 1999—December 1999

  10. “Tianjin Peacebay Power GroupManagement Consulting”, Tianjin Peacebay Power Group ,January 1998—December 1998


Seminars on Corporate Governance

Seminars on Governance ofEnterprise Groups

Special topics of CorporateGovernance