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Author

Li Chen

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Review Open access Aug 2026

Audit in ESG research: a bibliometric analysis (2015–2025)

The credibility of environmental, social and governance (ESG) information is increasingly regarded as the cornerstone of sustainable financial and corporate environmental accountability. However, the academic picture of linking the audit mechanism with ESG research is still fragmented and lacks systematic integration....

Li Chen, Qianying Zhang, Bin Zhao · 0 citations
Preprint Aug 2026

When ratios fall: A dynamic approach to contingent convertibles

We propose a novel valuation framework for contingent convertible (CoCo) bonds based on the issuing bank's Common Equity Tier 1 (CET1) ratio, which is widely acknowledged as an indicator of a bank's solvency. Our approach develops a bivariate jump-diffusion model that captures the dynamic relationship linking the CET1...

Li Chen, Liang Wang, W. Xia · 1 citation

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