Tracy Yue Wang

Education

PhD 2005
Finance Robert H. Smith School of Business, University of Maryland

MA 2000
Economics Ohio State University

BA 1998
International Finance Renmin University of China

### Expertise

• Corporate governance, law and economics, empirical corporate finance

Biography

Tracy Wang is the John Spooner Professor of Finance and an editor for Journal of Corporate Finance. Her expertise lies in the fields of corporate governance, law and economics, and behavioral finance. Her current research explores the impact of prominent societal trends such as the increasing attention to ESG and DEI and the increasing polarization in ideology on corporate finance and corporate governance. She has also established expertise in research related to corporate securities fraud, securities market regulation, and the value impact of management. She has published in top economics, finance, and accounting journals such as Journal of Finance, Review of Financial Studies, Review of Economic Studies, Journal of Law, Economics, and Organization, Journal of Accounting and Economics.

Selected Works

• “Corporate Scandals and Household Stock Market Participation,” (with Mariassunta Gianneti). Journal of Finance 71, 25912636.

• “CEO Investment Cycles,” (with Yihui Pan and Michael Weisbach). Review of Financial Studies 29, 29552999.

• “Learning of CEO Ability and Stock Return Volatility,” (with Yihui Pan and Michael Weisbach). Review of Financial Studies 28, 16231666.

• “Corporate Risk Culture,” (with Yihui Pan and Stephan Siegel). Journal of Financial and Quantitative Analysis forthcoming.

• “Tolerance for Failure and Corporate Innovation,” (with Xuan Tian). Review of Financial Studies 27, 211255.