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教員紹介

教員名
朱 文慧

■所属
札幌大学

■職名
講 師

■学位
博士(神戸大学)

■専門分野
ファイナンス

■所属学会
Nippon Finance Association (2022〜)
American Finance Association (2024〜)
Japan Society of Monetary Economics (2026〜)

■学生へのメッセージ
財務データと非財務データを活用し、ファイナンス分野における実証研究を行っています。特に、企業活動、金融市場の効率性、情報性、安定性に注目しています。主に担当している科目はデータ分析と計量経済学で、Pythonを用いて、GLS、MLE、GMM、そして機械学習を利用した様々なモデルの指導および活用を行っています。
My current research focuses on corporate behavior, as well as the efficiency, informativeness, and stability of the securities market, using empirical methods. The main courses I teach are data analysis and econometrics, where I talk about models that use GLS, MLE, GMM, and machine learning in Python.

実績紹介

【~2026年3月】

■研究活動

▼学術論文
・Zhu, W., & Hatakeda, T. (2026). Bank Efficiency and The Role of Intangible Assets: Evidence from Multinational Analysis and a Meta-SFA Approach. Research in International Business and Finance, 103416.
・Zhu, Wenhui, Does ESG Information Increase Crash Risk? Evidence on Monitoring from Credit Lines and Governance by Institutional Investors (February 15, 2026).Available at SSRN: https://ssrn.com/abstract=6268838
・Zhu, Wenhui and Hatakeda, Takashi, Changes in Stock Return Synchronicity and Risk Composition of Banking Acquirers: An Investigation from the Perspective of Bank Opacity (November 10, 2023).Available at SSRN: https://ssrn.com/abstract=4645467 or http://dx.doi.org/10.2139/ssrn.4645467

▼学会発表等
1.Does ESG Information Increase Crash Risk? Evidence on Monitoring from Credit Lines and Governance by Institutional Investors, Japan Society of Monetary Economics (Hokkaido), March 2026.
2.Do Bank M&As (De)Increase Stock Return Synchronicity? The interplay of Asset Opacity and Risk Composition, Hitotsubashi University, October 2025.
3.M&As, Stock Synchronicity, and Risk Composition: Empirical Evidence from Japanese Banking Sector and a Causality Analysis, Southwestern Finance Association, The 64th Annual Conference, February 2025.
4.M&As, Stock Synchronicity, and Risk Composition: Empirical Evidence from Japanese Banking Sector and a Causality Analysis, Nippon Finance Association, The 6th Fall Conference, November 2024.
5.The Impact of Technology-Related M&As on Bank Opacity: Empirical Evidence from Japan and a Causality Analysis, International Conference in Finance, Accounting and Banking, September 2024.
6.M&As, Stock Synchronicity, and Risk Composition: Empirical Evidence from Japanese Banking Sector and a Causality Analysis, Korea Japan Finance Workshop, August 2024.
7.Bank Efficiency and Intangible Assets: Evidence from Multinational Analysis and a Meta-SFA Approach, Nippon Finance Association, The 32nd Annual Conference, June 2024.
8.Bank Efficiency and Intangible Assets: Evidence from Multinational Analysis and a Meta-SFA Approach, World Finance Banking Symposium, December 2023.

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