Professor Shang-Jin Wei’s Paper is Accepted and Published in International Level A+ Journal, Focusing on New Empirical Laws of National Accounting Standards and International Trade Relations | Heavyweight

Release time：2025-06-06    

The paper entitled “Accounting Standards and Antidumping Investigation” coauthored by Shang-Jin Wei, Academic Visiting Professor in Finance and Economics of FISF and Tenured Chair Professor at Columbia University, and his partners Teng Sun and Jin Xie, was accepted and published in the International Level A+ Journal, Journal of Accounting and Economics, and would soon be printed.

Professor Introduction

Shang-Jin Wei

Fudan International School of Finance

Academic Visiting Professor in Finance and Economics

Tenured Chair Professor at Columbia University

Main contents of the paper:

We document a new fact regarding the relationship between accounting standards and international trade: Following the mandatory adoption of International Financial Reporting Standards (IFRS), exporters accused of dumping in a destination market are more successful in defending their cases and are more likely to obtain exemption from duties. The greater the reduction in the gap between the firms’ accounting standards and IFRS around adoption, the stronger the effects. The effects are robust to the exclusion or inclusion of China, and are especially strong in countries with stronger improvement in accounting reporting enforcement. We discuss channels through which accounting standards globalization either mitigates importing countries’ trade protectionism or curtail exporters’ dumping activities.

Ever since establishment, FISF has witnessed 39 professors publishing a total of 175 papers on world-famous academic journals, among which 123 academic papers were published on international level-A journals (including A+, A and A-). The teaching team of the school has always upheld the school motto of “Unified FISF, Excellence, Responsibility, Innovation”, devoting themselves wholeheartedly to the academic research work. They manage to maintain a high level of academic achievements in both quantity and quality, which fully reflects the excellent strength of the teaching team of FISF in the field of academic research. In the future, FISF will keep on pursuing international cutting-edge scientific research achievements and continue to make greater contributions to the promotion of first-class financial and economic disciplines.