Dr Ziwen Bu

Dr Ziwen Bu

The Department of Finance
Assistant Professor in Finance

Contact details

Birmingham Business School
University of Birmingham
B15 2TT

Ziwen Bu is an Assistant Professor in Finance at Birmingham Business School. His research interest lies in asset pricing and its connection with corporate finance and financial markets.


  • PhD in Finance
  • MSc in Finance
  • BSc (Hons) in Economics


  • Numeracy, Statistical Analysis & Financial Literacy B
  • Financial Econometrics


Recent publications


Ahmed, S, Bu, Z & Ye, X 2022, 'Illiquidity, R&D investment, and stock returns', Journal of Money, Credit and Banking.

Ahmed, S, Bu, Z & Ye, X 2022, 'Product market competition, labor mobility, and the cross-section of stock returns', Review of Asset Pricing Studies. https://doi.org/10.1093/rapstu/raad001

Sha, Y, Bu, Z & Wang, Z 2022, 'What drives the distress risk-return puzzle? A perspective on limits of arbitrage', International Journal of Finance and Economics. https://doi.org/10.1002/ijfe.2608

Sha, Y, Qiao, L, Li, S & Bu, Z 2021, 'Political freedom and earnings management', Journal of International Financial Markets, Institutions and Money, vol. 75, 101443. https://doi.org/10.1016/j.intfin.2021.101443

Bu, Z, Mansley, N, Sha, Y & Wang, Z 2020, 'Does default risk matter for investors in REITs', International Journal of Strategic Property Management, vol. 24, no. 5.

Ahmed, S, Bu, Z & Tsvetanov, D 2019, 'Best of the best: a comparison of factor models', Journal of Financial and Quantitative Analysis, vol. 54, no. 4, pp. 1713-1758. https://doi.org/10.1017/S0022109018000947

View all publications in research portal