Sheng-Jun Xu
Contact
Assistant Professor, Alberta School of Business - Department of Finance
- sxu7@ualberta.ca
- Phone
- (780) 492-8057
- Address
-
2-32D Business Building
11203 Saskatchewan Drive NWEdmonton ABT6G 2R6
Overview
About
Education
BMath, University of Waterloo, 2008
BBA, Wilfrid Laurier University, 2008
PhD, University of British Columbia, 2017
Research
I am interested in how imperfections in labor markets and political institutions affect the allocation of financial capital in the economy. Thus, my research focus lies at the intersection of corporate finance, labor economics, and political economy.
Examples of broad research questions that I seek to answer include:
- How do labor market barriers related to immigration policy affect firms' demand for capital?
- How do political incentives affect the benefits and funding policies of public pension plans?
- Does geographically-targeted government spending distort the allocation of financial capital in local economies?
Teaching
I teach Capital Investment (FIN 422) and Corporate Financial Planning (FIN 430) during the winter term.
Courses
FIN 322 - Capital Investment
Capital budgeting and the determination of the cost of capital to the firm. Prerequisite: FIN 201 or 301 and MGTSC 212 or 312. Students may not receive credit for both FIN 322 and FIN 422.
FIN 430 - Corporate Financial Planning
Advanced discussion of valuation and financial policies. Prerequisites: FIN 412. Restricted to 4th year students.
FIN 473 - Mergers, Restructuring, and Corporate Control
Financial and economic aspects of corporate mergers, asset restructuring, downsizing, and financial restructuring are examined. Particular attention is paid to valuation and shareholder wealth effects of mergers. Relations between corporate ownership and financial structure and performance are investigated. The course also examines anti-takeover devices and their effect on corporate performance. Finally, international mergers are examined from a strategic perspective. Prerequisite: FIN 412.
FIN 673 - Mergers, Restructuring, and Corporate Control
Financial and economic aspects of corporate mergers, asset restructuring, downsizing, and financial restructuring are examined. Particular attention is paid to valuation and shareholder wealth effects of mergers. Relations between corporate ownership and financial structure and performance are investigated. The course also examines anti-takeover devices and their effect on corporate performance. Finally, international mergers are examined from a strategic perspective. Prerequisite: FIN 501 or FIN 503.