Jerry Yu, Ph.D.
Associate Professor of Finance
Department of Finance and Economics
Office: Business Center 405
- Ph.D., Syracuse University
- M.A., University of Iowa
- B.A., National Taiwan University
Institutional Investors' Behavior, Behavioral Finance, Financial Analysts Forecast, IPO.
Investments, Financial Management
Refereed Journal Articles
Lin, T., Yu, J. C., & Lin, C. (2021). IPO's Long-Run Performance - Hot Market vs. Earnings Management. Journal of Risk and Financial Management. (14), 132.
Wang, C., & Yu, C. (2018). The Holdings Marking-up Behavior of Institutional Investors � Evidence from An Emerging Market. Review of Quantitative Finance & Accounting.
Yu, C., Huang, G., & Huang, H. Multinational Finance Society Annual Meeting, "CEO Payratio and Bond Yield Spread," Multinational Finance Society, Budapest, Hungary. (2018).
Research in Progress
"Gender Diversity on the Board and CEO Compensation" (On-Going)
We employ the staggered passage and implementation of the paid family leave insurance programs in some U.S. states as a quasi-natural experiment to examine the impact of the gender diversity on the board on CEO pay-performance sensitivity, pay-volatility sensitivity, total compensation, pay slice (the ratio of CEO compensation to the median compensation of the top four executives in the company other than the CEO) and pay ratio (the ratio of CEO total compensation to the median total compensation of the employees in the firm).
"Independent Executives and Corporate Policies" (On-Going)
I examine the influencing of independent directors who are also active executives of other firms, which we call independent executives (IEs) on corporate policies. The results suggest that the impact of IEs on the receiver firms' corporate policies depends on the relative size of the sender firm and receiver firm, as well as whether the IEs are CEOs.