Dr Tingting Zhu

Job: Senior Lecturer

School/department: Leicester Castle Business School

Address: Hugh Aston Building, De Montfort University

T: +44 (0)116 207 8896

E: tingting.zhu@dmu.ac.uk

W: http://dmu.ac.uk/bal


Personal profile

Ting is a Senior Lecturer in Finance at De Montfort University and a Senior Fellow of the Higher Education Academy. She previoulsy worked at University of Leicester, was a Visiting Lecturer at Universidad Europea and Research Fellow at University of Valencia. Ting's research focuses on corporate finance, corporate governance and includes capital structure decisions, firm performance and sustainability. Ting is also Academic Practice Officer and the point of contact for Transnational Education Partners.

Research group affiliations

The Finance and Banking Research Centre (FiBRe)

Centre for Research on Accountability, Governance and Sustainability (CRAGS) 

American Finance Assiociation

International Finance and Banking Society (IFBAS)

Publications and outputs


2022 ‘Optimal capital structure, model uncertainty, and European SMEs’, co-authored by Tortosa-Ausina, E. and Arribas, I. Journal of Applied Econometrics, under review

2022, ‘Board diversity as strategic choice and why it should matter to SMEs’, co-authored with Puntaier, E. Hughes, P., International Journal of Entrepreneurship Behaviour and Research, https://doi.org/10.1108/IJEBR-03-2022-0225

2020, ‘If Global or Local Investor Sentiments are Prone to Developing an Impact on Stock Returns, is there an Industry Effect?’ co-authored with Ausloos, M. and Shi, J.  International Journal of Finance & Economics, https://doi.org/10.1002/ijfe.2216

2020, ‘Foreign equity portfolio flow and corruption: A cross-country evidence’, co-authored with Kwabi, F., Boateng, A., Fosu, S., and Chijoke-Mgbame, M., International Journal of Finance & Economics, https://doi.org/10.1002/ijfe.2138

2018, ‘Benford’s Law First Significant Digit and Distribution Distance for Testing the Reliability of Financial Reports in Developing Countries’, co-authored with Ausloos, M. and Shi, J., Physica A: Statistical Mechanics and its Applications, https://doi.org/10.1016/j.physa.2017.11.017

Research interests/expertise

Ting's current research interests include: Corporate Finance, Entrepreneurial Finance, Sustainability and Corporate Governance

Areas of teaching

Valuation, Corporate Finance , Entrepreneurial Finance, Financial Modelling, Corporate Governance, International Financial Derivatives, International Finance and Strategic Financial Management


PhD in Finance 

PgCert in Higher Education: Pedagogic Research (Merit ) 

Senior Fellow of the Higher Education Academy

Courses taught

ACFI3309 International Financial Derivatives, LCBS5057 Principles of Business Finance, ACFI2304 Equity and Fixed Income Valuation, ACFI2303 Corporate Finance, ACFI3203 Business Finance, LCBS5000 Entrepreneurial Finance and Financial Management, ACFI3444 Critical Skills for Accountants, BMRM5004 International Finance and Strategic Financial Management

Honours and awards

2022  Highly Commended Program Team of the Year, De Montfort University

2021  Vice Chancellor’s Future Researcher LeadershipDe Montfort University

2018  Nominated the Vice Chancellor’s Teaching Award, De Montfort University

2017  Nominated the Vice Chancellor’s Teaching Award, De Montfort University

Membership of professional associations and societies

Certified Management & Business Educator (CMBE)

Senior Fellow of the Higher Education Academy (SFHEA)

Professional licences and certificates

Professional Development for External Examiner (Advance HE) 


2019 – 2020    Research Fellowship, University of Valencia, Spain

2022,  Founding Member of Institute for Sustainable and Responsible Business, https://www.isrb.org/

Conference attendance


Recent research outputs


Current research students

Bushra Angabeen Zafar

Christiana Cole

Shi Tang

Charles Kariuki

Externally funded research grants information

COST (European Cooperation in Science and Technology) action: “Financial networks and the real economy: Evolution, Interaction and Systemic Stability” with Prof Giulia Rotundo, Spaienza University of Rome, Prof Marcel Ausloos, University of Liege/University of Leicester (€130,000 per year expected amount; 4 years)

COST (European Cooperation in Science and Technology) action: “The missing link - Financial networks, the Real economy and Systemic stability”

Book Chapter

2022, Diversity and inclusive leadership: an entrepreneurial opportunity? In R. Perez-Uribe, D. Ocampo-Guzmán & N. Moreno-Monsalve (Eds.), Handbook of research on promoting an inclusive organizational culture for entrepreneurial sustainability (pp. 44-66), co-authored by Puntaier, E., IGI Global. https://doi.org/10.4018/978-1-6684-5216-5.ch003

Ad-hoc Referee

Business Strategy and the Environment, Corporate Social Responsibility and Environment Management, International Journal of Business Innovation and Research, Journal of Financial Crime

Conference Proceedings

2023    Efficiency and Leverage in European Energy Firms, Energy Policy Conference,  University Jaume I,  Castelló de la Plana, Spain

2022    Resilience and Capital Structure: A European Perspective, Institute for Small Business and Entrepreneurship (ISBE), York

2021    Leadership in SMEs: Gender, Nationality and Firm Performance, ISBE, Cardiff

2017    Capital Market Dysfunctionality, Tenth Annual Paul Woolley Centre (PWC) Conference, London School of Economics 

2016    Discussant, Do China’s hidden debts threaten its future? Urban Construction Investment Bonds and fiscal transparency of local government financing platforms: A case study in China (Bo, L., Fred C. J. Mear, and Huang, J.), FiBRe, Leicester Business School, De Montfort University

2016    What determines the speed of adjustment in Europe? IFABS Conference, Universiti Teknologi Brunei (UTB) and the Authoriti Monetari Brunei Darussalam, Brunei

2015    Capital Structure Choice in Europe: Determinants and Adjustment Speed, IFABS Conference, Zhejiang University, Hangzhou, China

2015 International Finance and Banking Society Oxford Conference

2014 International Finance and Banking Society Lisbon Conference  

2012 International Finance and Banking Society Valencia Conference