Connie (Xiangdong) Mao

Profile Picture of Connie (Xiangdong) Mao

Connie (Xiangdong) Mao

  • Fox School of Business and Management

    • Finance

      • Professor

Biography

Dr. Connie X. Mao is an Associate Professor of Finance at Temple University Fox School of Business. She holds a doctorate in Finance from The Johnson School of Management at Cornell University (Ithaca, NY), and a doctorate in Biomedical Science from Cornell University Medical School (New York, NY). Her research expertise is corporate finance. Her primary research interest is in the areas of debt contracting, agency conflicts, and corporate innovation.

Specifically, Dr. Mao's research examines the effect of agency conflicts on the financing decisions of firms and debt contracting, and how the resolution of these conflicts influences firm performance, corporate innovation, and the efficiency of security markets. She has published papers in Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Journal of Financial Markets, and Journal of Corporate Finance. She has been named to the Fox School Dean's Research Honor Roll, a receipt the Andrisani-Frank Undergraduate Teaching Award and the FMA Outstanding Finance Professor Award.

Research Interests

  • Agency Conflicts
  • Debt Contracting
  • Corporate Governance

Courses Taught

Number

Name

Level

FIN 3507

Security Analysis and Portfolio Management

Undergraduate

FIN 9011

Proseminar in Finance

Graduate

FIN 9017

Dissertation Methodologies

Graduate

Selected Publications

Recent

  • Deng, S., Mao, C., & Xia, C. (2021). Bank Geographic Diversification and Corporate Innovation: Evidence from the Lending Channel. Journal of Financial and Quantitative Analysis, 56(3), 1065-1096. doi: 10.1017/S0022109020000083.

  • Mao, X., Balsam, S., Xu, M., & Zhang, J. The Effect of State Minimum Wage Increase on Nonprofit Organizations. Virtual.

  • Mao, X., Balsam, S., Xu, M., & Zhang, J. The Effect of State Minimum Wage Increase on Nonprofit Organizations. Virtual.

  • Mao, C. & Song, W. (2021). Does reciprocity affect analysts’ incentives to release timely information? Evidence from syndication relationships in securities underwriting. Management Science, 67(1), 617-639. doi: 10.1287/mnsc.2019.3435.

  • Mao, X., Han, Y., Tan, H., & Zhang, C. Distracted Analysts: Evidence from Climatic Disasters.

  • Mao, X. & Gu, Y. Local Religious Belief and Workplace Safety. Virtual.

  • Han, Y., Mao, C.X., Tan, H., & Zhang, C. (2020). Climatic Disasters and Distracted Analysts.

  • Mao, X., Bradley, D., & Zhang, C. Do Corporate Taxes Affect Workplace Safety? New Orleans, LA.

  • Mao, X. & Gu, Y. Local Religious Belief and Workplace Safety. San Francisco, CA.

  • Mao, X., Bradley, D., & Zhang, C. Do Corporate Taxes Affect Workplace Safety? San Francisco, CA.

  • Mao, C. & Weathers, J. (2019). Employee Treatment and Firm Innovation. Journal of Business Finance & Accounting, 46, 977-977. doi: 10.1111/jbfa.12393.

  • Balsam, S., Gu, Y., & Mao, C. (2018). Creditor influence and CEO compensation: Evidence from debt covenant violations. Accounting Review, 93(5), 23-50. doi: 10.2308/accr-52013.

  • Mao, C. & Zhang, C. (2018). Managerial Risk-Taking Incentive and Firm Innovation: Evidence from FAS 123R. Journal of Financial and Quantitative Analysis, 53(2), 867-898. doi: 10.1017/S002210901700120X.

  • Gu, Y., Mao, C.X., & Tian, X. Banks' Interventions and Firms' Innovation: Evidence from Debt Covenant Violations. JOURNAL of LAW & ECONOMICS, 60(4), 637-671. Retrieved from http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000431428400003&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=abcd71df5a6dac31fd219478b0a9c638.

  • Hu, Y. & Mao, C. (2017). Accounting quality, bank monitoring, and performance pricing loans. Review of Quantitative Finance and Accounting, 49(3), 569-597. doi: 10.1007/s11156-016-0601-1.

  • Mao, X. & Zhang, C. (2017). Managerial Risk-Taking Incentive and Firm Innovation: Evidence from FAS 123R. San Diego (CA).

  • Deng, S., Elyasiani, E., & Mao, C. (2017). Derivatives-hedging, risk allocation and the cost of debt: Evidence from bank holding companies. Quarterly Review of Economics and Finance, 65, 114-127. doi: 10.1016/j.qref.2016.06.004.