---
source_url: "https://www.snai.edu/overseas/2018/1206/79486.shtml"
title: "MA Changfeng"
meta_description: "Ma Changfeng, associate professor at Shanghai National Accounting Institute, works with Python, SAS and Stata. His research on individual and institutional investor trading behavior has appeared in journals including the North American Journal of Economics and Finance and Emerging Markets Finance and Trade."
publish_date: "2018-12-06"
modify_date: "2025-09-25"
author: "上海国家会计学院"
publisher: "上海国家会计学院"
category: "Supervisors"
language: "zh-CN"
priority: 0.5
---

# MA Changfeng
> Ma Changfeng, associate professor at Shanghai National Accounting Institute, works with Python, SAS and Stata. His research on individual and institutional investor trading behavior has appeared in journals including the North American Journal of Economics and Finance and Emerging Markets Finance and Trade.

## 一、详细说明 
MaChangfeng,associateprofessorofSNAI

**Tools:**： 

**Python(textanalysis+webscrawler)/SAS(fordataprocessing)/Stata(foreconometricanalysis)**： 

**Publication**： ：

ØChangfengMa,ZhijuanChen,CommercialEconomicsandManagement,“Whatcanexplaintheimpactoftradingvolumeonvolatility:tradesizeortradesnumber?”,2017,9:72-85.(inChinese)

ØZhijuanChen,WilliamT.Lin,**ChangfengMa(**： **Correspondingauthor)**： ,Shih-ChuanTsai,“Liquidityprovisionsbyindividualinvestortradingpriortodividendannouncements:EvidencefromTaiwan”,TheNorthAmericanJournalofEconomicsandFinance**(SSCI)**： ,Vol.28:358–374.

ØZhijuanChen,WilliamT.Lin,**ChangfengMa(**： **Correspondingauthor)**： ,ZhenlongZheng,“Theimpactofindividualinvestortradingonstockreturns”,EmergingMarketsFinanceandTrade**(SSCI)**： ,Vol.49:62-69.

ØZhijuanChen,ZhenlongZheng,ChangfengMaandWilliamLin，“AStudyonthetradingbehaviorofindividualinvestor—evidencefromTaiwan”，EconomicResearchJournal,2011,Vol46,Issue525:67-79(inChinese)

ØZhijuanChen,ChangfengMaandWilliamLin,AStudyonthetradingbehaviorofinstitutionalinvestor:evidencefromTaiwan”CommercialEconomicsandManagement,2012,3:52-64(inChinese)

ØGuojinChen,ChangfengMa，“Asurveyonthetheoryoffinancialcrisisfromtheangleofnetwork”，EconomicPerspective,2010,2:116-120(inChinese)

**Courses**： **：**： 

**FinancialRiskManagement,Fintech,DataAnalysiswithPython**： 

**Workingpaper**： **：**： 

ØAreindividualinvestorsliquidityproviders?Evidencefromanemergingmarket,submittedtoAccounting&Finance**(SSCI,**： Revision&Resubmission**)**： 

ØAreInstitutionalInvestorsInformed?EvidencefromChina,withZhijuanChenandShunmingZhang(JournalofBankingandFinance**(SSCI,**： Revision&Resubmission**)**： 

ØAnovelmeasureofinnovationbasedontext-analysis,withElviraSojli,WingWahTham,BohuiZhang

ØIndividualinvestors’liquiditydemandingandprovidingbeforeearningsannouncements,withTeng-TsaiTu

ØTestingsecurityspanning,withapplicationtotheemergingoffshoreYuanmarket,withRogerBowden

**Conference**： **：**： 

Ø2014.4.25，Brisbane,Australia，6thFMCG

Ø2013.12.7，Soul(Korea)，7thCAFM

Ø2013.7.11，Taipei

Ø2012.5，Taipei，2012EAF

Ø2011.7，Wuhan，CICF

**Visiting**： **：**： 

Ø2016.10.16-2017.10.17，UniversityofNewSouthWalse,Australia

Ø2013.7.11-2013.9.8，TaipeiUniversityofTaiwan,China

Ø2012.5.25-2012.6.18，TamkangUniversityofTaiwan,China

**Education**： **：**： 

Ø2007.8-2010.6,XiamenUniversity,China,PhD

Ø2001.9-2004.4,SoutheastUniversity,China，Masterofengineering

Ø1997.9-2001.7,ShandongNormalUniversity，Bachelorofscience(Physics)

**Jobexperience**： **：**： 

Ø2018.4-present,ShanghaiNationalAccountingInstitute,assistantprofessor

Ø2010.7-2018.3,ZhejiangGongshangUniversity,assistantprofessor

Ø2004.4-2007.8,NanjingNari-relaysCo,Engineer

## 二、引用与来源
- 原文来源：<>
- 机构：上海国家会计学院
- 版权声明：上海国家会计学院版权所有