Skip to content
Merrick School of Business

Chih-Hsien Yu

Chih-Hsien Yu, Ph.D.

Chair, Department of Finance and Economics
Associate Professor of Finance

Department of Finance and Economics
Office: Business Center 415
Phone: 410.837.4078
E-mail: cyu@ubalt.edu

    Education:
  • Ph.D., Syracuse University
  • M.A., University of Iowa
  • B.A., National Taiwan University

Dr. Yu is the chair of the department of finance and economics and teaches courses in the areas of investments and financial management. His research focuses on institutional investors' behavior, behavioral finance, and financial analysts forecasting.

Intellectual Contributions

Refereed Journal Articles

Yu, C., Wang, W., & Lin, T. (2014). Mutual Fund Herding and Price Discovery - Evidence from an Emerging Market. Advances in Investment Analysis and Portfolio Management. 6.

Morse, J. N., Nguyen, H. H., & Yu, C. (2011). The Effect of Option Listing on Momentum Returns and Reversals. Global Business and Finance Review. Spring 2011. 16-30.

Chiang, M., Lin, T., & Yu, C. (2009). Liquidity Provision of Limit Order Trading in the Future Market Under Bull and Bear Markets 36(7)&(8), 1007-1038. Journal of Business Finance and Accounting.

Presentations

Yu, C., & Wang, W. Multinational Finance Society Conference, "The Earnings Present-Value Relation: Theory and Evidence," Multinational Finance Society, Prague, Czech Republic. (2014).

Yu, C., Huang, H., & Lin, T. International Business Research Conference, "Strength versus Weight of the Analysts’ Recommendations – An Empirical Study for the IPO Events," American Research and Publications International, Las Vegas, NV. (2013).

Yu, C., & Huang, H. Global Business Conference, "Corporate Governance and Price Momentum," Croatia. (2012).

Morse, J. N., Nguyen, H. H., & Yu, C. Southwestern Finance Association Annual Meeting, "The Effect of Option Listing on Return Momentum and Reversal," Southwestern Finance Association, Houston, Texas. (2011).

Yu, C., & Wang, W. Southern Finance Association Annual Meeting, "Mutual Fund Herding and Price Discovery--Evidence from an Emerging Market," Southern/South-western Finance Association, Asheville, North Carolina. (2010).

Yu, C., & Huang, H. Northeast Business and Economics Association Conference, "Corporate Governance and M&A's Performance," Morristown, New Jersey. (2010).

Yu, C. European Finance Association Annual Meeting, "Which Matters? Accuracy or Boldness? – Financial Analysts Earnings Forecast and Institutional Holdings," European Finance Association, Milan, Italy. (2009).

Morse, J. N., Nguyen, H. H., & Yu, C. IQPC Third Volatility Summit, "Momentum and Optionality," IQPC,a leading conference organizing firm, NY,NY. (2009).

Research in Progress

"Bank CEO Overconfidence and Risk-taking" (Planning)
We analyze the contribution of behavioral biases of CEOs, in particular their overconfidence to bank risk-taking.

"Institutional Ownership and IPO Performance" (On-Going)
This study explore the relationship between the degree of institutional ownership and IPO's performance. Since institutional investors are better-informed and have better foresight about IPO's future performance, we expect that IPO firms with continuously high institutional ownership will tend to have better performance, both in short term and long term.

"Media Exposure, Mutual Fund Growth and Performance"

"Permanent and Temporary Components in the Dynamics between Stock Market and Economy" (On-Going)

"Presence of Listed Equity Options and Price Momentum Using the DB Ivy Database" (Writing Results)
Published in 2011