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 Finance and 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.