Liu Yang Directory Page

Liu Yang

Liu Yang

Associate Professor

Ph.D., University of Maryland

Contact

4419 Van Munching Hall

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 founding Executive Director of the Federal Statistical Research Data Center at the University of Maryland.

Dr. Yang's primary research interest is in the area of corporate finance, including labor and finance, entrepreneurship, mergers and acquisitions, corporate governance, and banking and financial institutions. 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.

News

Smith Helps Quantify the Federal Government's Financial Impact on Maryland
Smith School faculty and graduate students partnered with the Maryland Comptroller’s Office to analyze the economic impact of federal…
Read News Story : Smith Helps Quantify the Federal Government's Financial Impact on Maryland
20 Faculty Teams Awarded Smith Internal Research Grants
The Smith School has awarded 2025 Smith Internal Research Grants to 20 faculty-led teams to support high-impact research in areas including…
Read News Story : 20 Faculty Teams Awarded Smith Internal Research Grants
Smith Faculty Leading, Collaborating in UMD Grand Challenges Projects
Robert H. Smith School of Business faculty members are engaged in three projects selected by the University of Maryland for Grand…
Read News Story : Smith Faculty Leading, Collaborating in UMD Grand Challenges Projects

Research

Public Firms Are Not Shortsighted and Respond More to Investment Opportunities Than Do Private Firms
Read the article : Public Firms Are Not Shortsighted and Respond More to Investment Opportunities Than Do Private Firms

Insights

UMD Grand Challenges Grant Funds Work to Better Understand How Small Business Thrive
Read the article : UMD Grand Challenges Grant Funds Work to Better Understand How Small Business Thrive
New Study Shows Social Capital as Key Driver of Small Business
Read the article : New Study Shows Social Capital as Key Driver of Small Business

Publications

Working Papers