Liu Yang is an Associate Professor in Finance (with tenure) at the Smith School of Business of the University of Maryland.
Her research interests include theoretical and empirical corporate finance in the areas of mergers and acquisitions, corporate restructuring, corporate governance, labor economics and financial institutions. Her recent work examines how and why public and private firms act differently on- and off merger waves. She also uses worker-level data from Census Bureau to study the interaction between human capital and organizational structures. Liu Yang’s work has been published in all three leading academic journals in finance including the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies.
Before joining the Smith School, Liu Yang was on the faculty at UCLA's Anderson School of Management. She received her Ph.D. in Finance from the University of Maryland, her M.S. (in both Economics and Statistics) from the University of Illinois and her B.A. from Peking University. Prior to earning her doctorate, Liu Yang worked as a Senior Financial Analyst in the Structured Finance group in Federal Home Loan Mortgage Corporation in McLean, VA.
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