Staff profile

Wenjuan Ruan holds a PhD in Finance from the University of Wollongong (Australia). She has established a research track record through publications in areas of corporate finance, corporate governance, sustainable finance, and FinTech. She has secured several research grants from the UK, Australia, and China.

Wenjuan has taught a wide range of subjects at the UG and PG level, including Corporate Finance, International Finance, Security Investment Analysis and Digital Entrepreneurship.

Mini Biography

Wenjuan (Wendy) Ruan is Assistant Professor of Finance (Education Track) at Durham University Business School, .

Prior to joining Durham in 2023, She was a Senior Lecturer of FinTech and Financial Innovation at Teesside University (UK) and a Lecturer of Finance at Murdoch university (Australia).

• Corporate Finance
• Corporate Governance
• Enviromental and Energy Economics
• FinTech

Journal Article

• Ruan, W., Tian, G., & Ma, S. (online). Managerial Ownership, Capital Structure and Firm Value: Evidence from China’s Civilian-run Firms
• Li, Q., Ruan, W., Li, R., & Li, H. (online). Do institutional investors’ holdings affect corporate environmental information disclosure? Evidence from China. Environment, Development and Sustainability, https://doi.org/10.1007/s10668-022-02686-9
• Li, Q., Ruan, W., Shi, H., Xiang, E., & Zhang, F. (. (2022). Corporate environmental information disclosure and bank financing: Moderating effect of formal and informal institutions. Business Strategy and the Environment, 31(7), https://doi.org/10.1002/bse.3055
• Chen, H., An, M., Wang, Q., Ruan, W., & Xiang, E. (2021). Military executives and corporate environmental information disclosure: Evidence from China. Journal of Cleaner Production, 278, https://doi.org/10.1016/j.jclepro.2020.123404
• Cheng, F., Ruan, W., Huang, G., & Zhang, L. (2021). Aftershock: CEO Great Famine Experience and Stock Price Crash Risk. Frontiers in Psychology, 12, https://doi.org/10.3389/fpsyg.2021.816034
• Li, Q., Ruan, W., Sun, T., & Xiang, E. (2020). Corporate governance and corporate environmental investments: Evidence from China. Energy and Environment, 31(6), https://doi.org/10.1177/0958305x19882372
• Xiang, E., Gasbarro, D., Cullen, G., & Ruan, W. (2020). Does R&D expenditure volatility affect stock return?. Journal of Contemporary Accounting and Economics, 16(3), https://doi.org/10.1016/j.jcae.2020.100211
• Ruan, W., Xiang, E., & Ma, S. (2018). Lending to Private Firms: Evidence from China on the Role of Firm Openness and Bribery. The Chinese Economy, 51(1), https://doi.org/10.1080/10971475.2017.1368905
• Li, Q., Li, T., Chen, H., Xiang, E., & Ruan, W. (2018). Executives' excess compensation, legitimacy, and environmental information disclosure in Chinese heavily polluting companies: The moderating role of media pressure. Corporate Social Responsibility and Environmental Management, 26(1), https://doi.org/10.1002/csr.1676
• Li, Q., Ruan, W., Shao, W., & Huang, G. (2017). Information disclosure in an environmental emergency. Disaster Prevention and Management, 26(2), https://doi.org/10.1108/dpm-06-2016-0125
• Wang, Y., Xiang, E., Cheung, A. (. K., Ruan, W., & Hu, W. (2017). International oil price uncertainty and corporate investment: Evidence from China's emerging and transition economy. Energy Economics, 61, https://doi.org/10.1016/j.eneco.2016.11.024
• Tian, X., Ruan, W., & Xiang, E. (2017). Open for innovation or bribery to secure bank finance in an emerging economy: A model and some evidence. Journal of Economic Behavior and Organization, 142, https://doi.org/10.1016/j.jebo.2017.08.002
• Ruan, W., Cullen, G., Ma, S., & Xiang, E. (2014). Ownership control and debt maturity structure: evidence from China. International Journal of Managerial Finance, 10(3), https://doi.org/10.1108/ijmf-06-2013-0064