Dr Bo Guan
(he/him)
BSc,MSc,PhD,FHEA
- Available for postgraduate supervision
Teams and roles for Bo Guan
Lecturer in Accounting and Finance
Overview
I am a Lecturer in Accounting and Finance at Cardiff Business School. My research interests include empirical asset pricing, volatility spillovers across financial markets, exchange-traded funds, and forecasting.
Education
- PhD in Business Management (Accounting and Finance), Cardiff Business School, 2021
- MSc in Social Science Research Methods, Cardiff University
- MSc in Accounting and Finance, London School of Economics and Political Science
- BSc in Accounting and Finance (First-Class Honours), Cardiff University
Previous Position
- Postdoctoral Research Associate, Department of Accounting and Finance, Cardiff Business School
Fellowship
- Fellow, UK Higher Education Academy (Advance HE)
- Formerly Associate Fellow, UK Higher Education Academy (Advance HE)
Academic and Professional Membership
- Member, School Research Ethics Committee (SREC)
Publications
Publications in:
- Annals of Tourism Research (ABS 4; ABDC A*; SSCI)
- Energy Economics (ABS 3; SSCI)
- Journal of Forecasting (SSCI)
- SAGE Open (SSCI)
- Journal of Risk and Financial Management (CiteScore Q1)
- Journal of Tourism and Hospitality (CiteScore Q1)
Reviewing Activities
Reviewer for:
- Journal of International Financial Markets, Institutions and Money
- The European Journal of Finance
- International Review of Economics & Finance
- International Journal of Finance & Economics
- Global Finance Journal
- Applied Economics Letters
- Finance Research Letters
- Entrepreneurship & Regional Development
- SAGE Open
Research Recognition
- Author of a top-cited paper published in the Journal of Forecasting in 2020–2021
Award
- Contributor to Cardiff University’s Violence Research Group, a recipient of the Royal Statistical Society’s 2026 Award for Statistical Excellence in Trustworthiness, Quality and Value for the National Violence Surveillance Network and Cardiff Model—the first Welsh institution or university to receive this award
Research Groups and Networks
- Cardiff Sustainable Finance Research Group
- Cardiff Corporate Governance Research Group
- Environmental, Ecological and Extinction Accounting, Governance and Economics Research Group
- National Violence Surveillance Network
Conferences and Competitions
- Chinese Tourism Forecasting Competition, team participant
- Xiamen–Cardiff–Newcastle Tri-University Conference
- International Symposium on Forecasting, Thessaloniki, Greece (2019) and Beijing, China (2024)
- Quarterly Forecasting Forum
Media Coverage:
- Research with Cardiff University National Violence Research Group featured by BBC News and in the Office for Statistics Regulation report
Publication
2025
- Sivarajasingam, V. et al. 2025. Serious violence in England and Wales in 2024 - An accident and emergency perspective. Cardiff: Cardiff University.
- Fang, Y. et al., 2025. Optimal forecast combination for Japanese tourism demand. Tourism and Hospitality 6 (2) 79. (10.3390/tourhosp6020079)
2024
- Fang, Y. , Guan, B. and Yang, G. 2024. From banks or venture capitals? The financing choices of Chinese high-tech enterprises during the start-up period. SAGE Open 14 3. (10.1177/21582440241266021)
- Xu, Y. et al. 2024. Macroeconomic shocks and volatility spillovers between stock, bond, gold and crude oil markets. Energy Economics 136 107750. (10.1016/j.eneco.2024.107750)
- Fang, Y. et al., 2024. An investigation of the co-movement between spot and futures prices for Chinese agricultural commodities. Journal of Risk and Financial Management 17 (7) 299. (https://doi.org/10.3390/jrfm17070299)
- Guan, B. , Mazouz, K. and Xu, Y. 2024. Asymmetric volatility spillover between crude oil and other asset markets. Energy Economics 130 107305. (10.1016/j.eneco.2024.107305)
- Sivarajasingam, V. et al. 2024. Serious violence in England and Wales in 2023: An Accident & Emergency perspective. Project Report.Cardiff: Cardiff University.
2023
- Sivarajasingam, V. et al. 2023. Serious violence in England and Wales in 2022: An Accident and Emergency perspective. Project Report.[Online].Cardiff: Cardiff University. Available at: https://www.cardiff.ac.uk/violence-research-group/research-projects/national-violence-surveillance-system.
2022
- Guan, B. et al. 2022. Forecasting tourism growth with state-dependent models. Annals of Tourism Research 94 103385. (10.1016/j.annals.2022.103385)
- Sivarajasingam, V. et al. 2022. Violence in England and Wales in 2021: an accident and emergency perspective. Project Report.Cardiff University.
2021
- Sivarajasingam, V. et al. 2021. Violence in England and Wales in 2020: an accident and emergency perspective. Project Report.[Online].Cardiff: Crime & Security Research Institute. Available at: https://static1.squarespace.com/static/57875c16197aea2902e3820e/t/609a42af2c701e11a63bdaf4/1620722430096/Violence+In+England+and+Wales+in+2020_NVSN+Cardiff+University+Report.pdf.
2020
- Fang, Y. et al. 2020. Optimal forecast combination based on ensemble empirical mode decomposition for agricultural commodity futures prices. Journal of Forecasting 39 (6), pp.877-886. Volume39, Issue6 September 2020 Pages 877-886. (10.1002/for.2665)
- Sivarajasingam, V. et al. 2020. Violence in England and Wales in 2019. An accident and emergency perspective. Project Report.Cardiff: Crime & Security Research Institute.
- Guan, B. 2020. Applications of state dependent models in finance. PhD Thesis , Cardiff University.
Articles
- Fang, Y. et al., 2025. Optimal forecast combination for Japanese tourism demand. Tourism and Hospitality 6 (2) 79. (10.3390/tourhosp6020079)
- Fang, Y. , Guan, B. and Yang, G. 2024. From banks or venture capitals? The financing choices of Chinese high-tech enterprises during the start-up period. SAGE Open 14 3. (10.1177/21582440241266021)
- Xu, Y. et al. 2024. Macroeconomic shocks and volatility spillovers between stock, bond, gold and crude oil markets. Energy Economics 136 107750. (10.1016/j.eneco.2024.107750)
- Fang, Y. et al., 2024. An investigation of the co-movement between spot and futures prices for Chinese agricultural commodities. Journal of Risk and Financial Management 17 (7) 299. (https://doi.org/10.3390/jrfm17070299)
- Guan, B. , Mazouz, K. and Xu, Y. 2024. Asymmetric volatility spillover between crude oil and other asset markets. Energy Economics 130 107305. (10.1016/j.eneco.2024.107305)
- Guan, B. et al. 2022. Forecasting tourism growth with state-dependent models. Annals of Tourism Research 94 103385. (10.1016/j.annals.2022.103385)
- Fang, Y. et al. 2020. Optimal forecast combination based on ensemble empirical mode decomposition for agricultural commodity futures prices. Journal of Forecasting 39 (6), pp.877-886. Volume39, Issue6 September 2020 Pages 877-886. (10.1002/for.2665)
Monographs
- Sivarajasingam, V. et al. 2025. Serious violence in England and Wales in 2024 - An accident and emergency perspective. Cardiff: Cardiff University.
- Sivarajasingam, V. et al. 2024. Serious violence in England and Wales in 2023: An Accident & Emergency perspective. Project Report.Cardiff: Cardiff University.
- Sivarajasingam, V. et al. 2023. Serious violence in England and Wales in 2022: An Accident and Emergency perspective. Project Report.[Online].Cardiff: Cardiff University. Available at: https://www.cardiff.ac.uk/violence-research-group/research-projects/national-violence-surveillance-system.
- Sivarajasingam, V. et al. 2022. Violence in England and Wales in 2021: an accident and emergency perspective. Project Report.Cardiff University.
- Sivarajasingam, V. et al. 2021. Violence in England and Wales in 2020: an accident and emergency perspective. Project Report.[Online].Cardiff: Crime & Security Research Institute. Available at: https://static1.squarespace.com/static/57875c16197aea2902e3820e/t/609a42af2c701e11a63bdaf4/1620722430096/Violence+In+England+and+Wales+in+2020_NVSN+Cardiff+University+Report.pdf.
- Sivarajasingam, V. et al. 2020. Violence in England and Wales in 2019. An accident and emergency perspective. Project Report.Cardiff: Crime & Security Research Institute.
Thesis
- Guan, B. 2020. Applications of state dependent models in finance. PhD Thesis , Cardiff University.
Teaching
Teaching Contributions at Cardiff Business School
Dr Bo Guan has made substantial and sustained contributions to teaching and learning across undergraduate and postgraduate programmes at Cardiff Business School. His responsibilities span the full teaching cycle, including delivering lectures and tutorials, leading computer-based workshops, designing and marking examinations, supervising and assessing Master’s dissertations, and supervising PhD students.
Module Leadership
- BST950 Accounting and Finance in Context - The module has received consistently strong student feedback across recent years, including 94.15% positive evaluations in 2024/25 and 100% positive evaluations in 2025/26.
Postgraduate Teaching
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BST713 Analysing Financial Performance
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BST903 Financial and Business Analytics
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BST950 Accounting and Finance in Context
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BST960 Financial Derivatives
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BST969 Research Methods
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BST956 Quantitative Methods in Finance
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BST158 Big Data Analytics in Finance
Undergraduate Teaching
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BS3515 Financial Derivatives (Year 3)
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BS3519 Exploratory Data Analysis (Year 3)
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BS3615 Security Analysis and Portfolio Management (Year 3)
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BS3576 International Financial Management (Year 3)
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BS2508 Corporate Financial Management (Year 2)
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BS1512 Foundations of Business Accounting (Year 1)
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BS1503 Introduction to Accounting (Year 1)
Biography
Cardiff Business School - United Kingdom
- Bachelor of Science (BSc) in Accounting and Finance
- Master in Social Science Research Methods
- Doctor of Philosophy (Ph.D.)
London School of Economics and Political Science - United Kingdom
- Master in Accounting and Finance (Finance)
Contact Details
+44 29225 11772
Aberconway Building, Room R30, Colum Road, Cathays, Cardiff, CF10 3EU
Research themes
Specialisms
- Innovation
- Forecasting
- Finance
- corporate sustainability