Liu Yang is an Associate Professor in Finance (with tenure) at the Smith School of Business of the University of Maryland. She is also the Executive Director of the University of Maryland Federal Statistical Research Data Center (FSRDC).
Dr. Yang's primary research interest is in the area of corporate finance including mergers and acquisitions, corporate governance, and labor and finance. Her recent paper examines how and why public and private firms act differently on- and off merger waves using the plant-level data from manufacturing industries. She also uses employer-employee data from the Census Bureau to study the interaction between human capital and organizational structures. Dr. 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, Dr. 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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