Chih-Hsien Yu
Chih-Hsien Yu, Ph.D.
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 joined the Merrick School of Business in 2007 and teaching 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
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.
Yu, C. (2008). Institutional Trading and Price Momentum. International Review of Finance. 8(1-2), 81-102.
Presentations
Yu, C., & Huang, H. Yes "Corporate Governance and Price Momentum," Croatia. (2012).
Morse, J. N., Nguyen, H. H., & Yu, C. Yes "The Effect of Option Listing on Return Momentum and Reversal," Southwestern Finance Association, Houston, Texas. (2011).
Yu, C., & Wang, W. Yes "Mutual Fund Herding and Price Discovery--Evidence from an Emerging Market," Southern/South-western Finance Association, Asheville, North Carolina. (2010).
Yu, C., & Huang, H. Yes "Corporate Governance and M&A's Performance," Morristown, New Jersey. (2010).
Yu, C. Yes "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. Yes "Momentum and Optionality," IQPC,a leading conference organizing firm, NY,NY. (2009).
Yu, C. Yes "Which Matters? Accuracy or Boldness? – Financial Analysts Earnings Forecast and Institutional Holdings," Southern Finance Association, Florida, USA. (2008).
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