Xinxin Li

Associate Professor, Finance and International Business
School: School of Business
Phone: (607) 274-3936
Office: Business School 415
Specialty: Corporate Finance, Investment Policy, Capital Structure

Dr. Xinxin Li is an Associate Professor of Finance in the Finance and International Business department. She joined Ithaca College in the fall of 2018 after completing her Ph.D. in finance at the University of North Carolina at Charlotte. Dr. Li’s primary research interest is corporate finance, i.e., mergers and acquisitions, capital structure, and investment policy. She has published in the Quarterly Journal of Finance, Review of Financial Economics, Journal of Financial Education, Review of Finance Case Research, etc., and has several working papers in the pipeline. Dr. Li has taught various undergraduate and graduate-level finance courses, including Business Finance, International Finance, Introduction to Personal Finance, Introduction to Python in Finance, Personal Financial Planning and Wealth Management, Financial Markets and Institutions, and Finance and Economics for MBA Entertainment Industry. Aside from her academic life, Xinxin also enjoys travel, movies, and food. 

Recent Publications

  • Charoenwong, C., Li, X, and Ng, C., forthcoming 2024, To Pay Points or Not in Mortgage Refinance: a Capital Budgeting Analysis. Review of Finance Case Research

  • Li, X. and Ng, C., forthcoming 2023. How to improve grades earned in big Business Finance classes, Journal of Financial Education

  • Charoenwong, C.; Li, X.; and Ng, C.K., 2022. How To Create Cash Flows That Give A Priori IRRs?. Southwestern Business Administration Journal, Vol. 20: Iss. 1, Article 1

  • Li, X. and Ng, C., 2021. To Pay Points or Not in Mortgage Finance: a Capital Budgeting Analysis. Review of Finance Case Research, 19(1), pp.89-96

  • Ji, S., King, T.H.D. and Li, X., 2021. Human capital cost and investment policy. Review of Financial Economics, 39(3), pp.254-279.

  • Chen, J., King, T.H.D. and Li, X., 2018. National culture and governance on bondholder wealth: Evidence from joint ventures and strategic alliances around the world. Quarterly Journal of Finance, 8(01), p.1840003.
Working paper

  • Capital Structure Persistency and Subsequent Equity Financing: Evidence from Zero Leverage and Levered Firms. 

  • Corporate Diversification Discount and Human Capital Relatedness. 

  • Housing Market in China from a National Culture Perspective.