Dr Xiaoyan Zhou

Lead, Performance, Oxford Sustainable Finance Group

Profile

Dr Xiaoyan Zhou is the Lead on Sustainable Investment Performance at the Oxford Sustainable Finance Programme. Her research interests focus on Energy Transition, Carbon Disclosure/Emissions and Shareholder Engagement. She publishes in journals such as the Review of Finance and the Journals of Business Ethics (FT 50) and serves as a reviewer for various journals. She won the PRI 2019 Best Quantitative Paper Award. She holds a PhD in Finance from the ICMA Centre, Henley Business School and MLitt in Finance and Management from the University of St Andrews.

Projects

Publications

Journal (8)

Open

Zhou X and others, ‘An Empirical Analysis of Climate and Environmental Policy Risk, the Cost of Debt and Financial Institutions’ Risk Preferences’ (2025) 144 Energy Economics

Zhou X, Zhong R and Shrimali G, ‘Environmental Reputation Risk and the Cost of Equity: The Impact of Corporate Response to Climate Change Exposures’

Sautner Z and others, ‘The EU Taxonomy and the Syndicated Loan Market’ [2025] Journal of Financial Services Research 1

Hoepner A and others, ‘ESG Shareholder Engagement and Downside Risk’ (2023) 28 Review of Finance 483

Liu Y and others, ‘Carbon Emissions, Carbon Disclosure and Organizational Performance’ (2023) 90 International Review of Financial Analysis

Lu Y, Zhou X and Simmons B, ‘Empirical Analysis of Chinese Overseas Power Plant Investments: Likelihood of Suspensions and Associated Environmental Risks’ (2023) 26 iScience

Zhou X and others, ‘Bank Green Lending and Credit Risk: An Empirical Analysis of China’s Green Credit Policy’ (2022) 31 Business Strategy and the Environment 1623

Hoepner A, Majoch A and Zhou X, ‘Does an Asset Owner’s Institutional Setting Influence Its Decision to Sign the Principles for Responsible Investment?’ (2019) 168 Journal of Business Ethics 389

Pre-print (1)

Open

Lu Y, Zhou X and Simmons B, ‘Environmental Risks and Power Plant Suspensions’