Finance People | All Faculty

Yuhai Xuan

Associate Professor of Finance and Robert and Karen May Faculty Fellowship


Educational Background

Ph.D., Business Economics, Harvard University, 2006
A.M., Business Economics, Harvard University, 2002

Positions Held

Professor of Finance, University of Illinois at Urbana-Champaign, present
Academic Director, Online MBA (iMBA) Program, University of Illinois at Urbana-Champaign, 2016 to present
Robert and Karen May Faculty Fellow, University of Illinois at Urbana-Champaign, 2016 to present
Associate Professor of Finance, University of Illinois at Urbana-Champaign, 2015-2018
Associate Professor of Finance, Harvard Business School, 2012-2015
Assistant Professor of Finance, Harvard Business School, 2006-2012

Recent Publications

Lin, C., Schmid, T., Xuan, Y. 2018. Employee Representation and Financial Leverage. Journal of Financial Economics, 127: 303-324

Baker, M., Xuan, Y. 2016. Under New Management: Equity Issues and the Attribution of Past Returns. Journal of Financial Economics, 121: 66-78

Gompers, P., Mukharlyamov, V., Xuan, Y. 2016. The Cost of Friendship. Journal of Financial Economics, 119: 626-644

Honors and Awards

Robert and Karen May Faculty Fellow, University of Illinois at Urbana-Champaign, 2016 to present

Selected to List of Teachers Ranked as Excellent (with "Outstanding" ratings), University of Illinois at Urbana-Champaign, 2017

Voted the Best Professor in a Large Elective Course by the Master of Science in Finance (MSF) Class of 2017, University of Illinois at Urbana-Champaign, 2017

Selected to List of Teachers Ranked as Excellent (with "Outstanding" ratings), University of Illinois at Urbana-Champaign, 2016

Voted the Best Professor in a Large Elective Course by the Master of Science in Finance (MSF) Class of 2016, University of Illinois at Urbana-Champaign, 2016

All-Star Paper, for a high number of citations per year since publication, Journal of Financial Economics, 2015

Marvin Bower Fellow, Harvard Business School, 2012-2015

Service Activities

Associate Editor, Management Science, present
Associate Editor, Journal of Empirical Finance, 2016-present
Associate Editor, Journal of Financial and Quantitative Analysis, 2012-present

Teaching and Research Interests

Corporate Finance, Corporate Governance, Behavioral Finance