Liu Yang’s 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 on merger waves examines how and why public and private firms act differently during merger waves. She also uses corporate restructuring events to compare the quality of human capital in focused and conglomerate firms and to investigate how female leadership affects the gender wage gap for workers.
Professor Yang’s work has been published in leading academic journals such as the Journal of Financeand the Review of Financial Studies. Before joining the Smith School, she was on the faculty at UCLA’s Anderson School of Business. She received her Ph.D. from the University of Maryland. Prior to earning her doctorate, she worked as a Senior Financial Analyst in the structured finance group in Federal Home Loan Mortgage Corporation.