Yini Liu
Assistant Professor
PhD, Finance, Alvarez College of Business, University of Texas at San Antonio (2020)
Office: SSC 4217
Phone: 519-661-2111 x88995
Email: yliu4287@uwo.ca
Dr. Yini Liu is a tenure-track Assistant Professor in the DAN Department of Management and Organizational Studies at the University of Western Ontario since 2020. Professor Liu achieved her Ph.D. degree in Finance from the University of Texas at San Antonio, United States. Dr. Liu's primary research field is empirical corporate finance with a focus on private equity offerings, seasoned equity offerings and IPOs, and entrepreneurial finance. Her other research areas include law and finance, and corporate governance. Her research articles have been published in the Journal of Corporate Finance, Journal of Financial Research, Financial Review, and Review of Quantitative Finance and Accounting. She is currently the PI of the SSHRC grant "Sustainable finance, policy uncertainty, and corporate efficiency". She received Dancap Private Equity Faculty Research Award and Faculty of Social Science Research Award at UWO, and Keith Fairchild Teaching Award at UTSA. Professor Liu currently teachers MOS 3311 Advanced Corporate Finance.
DEGREES
- Ph.D. in Finance, University of Texas at San Antonio, United States
- M.A. in Finance, Fudan University, China
- B.A. in Economics, Fudan University, China
TEACHING INTERESTS
- Corporate Finance, Entrepreneurial Finance, Financial Markets, Investments
RESEARCH INTERESTS
- Private Equity Offerings
- Seasoned Equity Offerings and IPOs
- Corporate Governance
- Financial Intermediation
- Entrepreneurial Finance
- Law and Finance
RESEARCH PUBLICATIONS
Bayar, O., Floros, I.V., Liu, Y., and Mao, J (2024). Litigation and information effects on private sales of securities. Journal of Corporate Finance (forthcoming), 102628. (ABDC list A*) https://doi.org/10.1016/j.jcorpfin.2024.102628
Liu, Y., Lu, D., & Tian, S. (2024). The role of existing shareholders in private equity placements in China. Journal of Financial Research (forthcoming), 1–35. (ABDC list A) https://doi.org/10.1111/jfir.12405
Liu, Y., & Nguyen, C. (2023). The role of financial covenants in pricing private investments in public equity. Journal of Corporate Finance, 102466. (ABDC list A*) https://doi.org/10.1016/j.jcorpfin.2023.102466
Bayar, O., Liu, Y., & Mao, J. (2023). Shareholder litigation and short selling ahead to private equity placements. Financial Review, 1-26. (ABDC list A) https://doi.org/10.1111/fire.12347
Liu, Y. (2023). Does Innovation Success Reduce the Cost of Financing? Evidence from Private Investments in Public Equity. Finance Research Letters, 103378. (ABDC list A) https://doi.org/10.1016/j.frl.2022.103378
Bayar, O., Liu, Y., & Mao, J. (2021). How reverse merger firms raise capital in PIPEs: search costs and placement agent reputation. Review of Quantitative Finance and Accounting, 1-42. (ABDC list B) https://link.springer.com/article/10.1007/s11156-020-00889-7
“Private Company Valuation” (with Onur Bayar), in Equity Markets, Valuation, and Analysis, edited by H. Kent Baker, Greg Filbeck, and Halil Kiymaz, John Wiley & Sons, Inc., 2020, Chapter 14, pp.215-228.
PERSONAL WEBSITE
