Yuhai Xuan

University of California, Irvine - Paul Merage School of Business

Dean's Professor of Finance

4291 Pereira Drive

Irvine, CA California 92697-3125

United States

http://yuhai.merage.uci.edu/

SCHOLARLY PAPERS

31

DOWNLOADS
Rank 4,496

SSRN RANKINGS

Top 4,496

in Total Papers Downloads

15,348

SSRN CITATIONS
Rank 2,650

SSRN RANKINGS

Top 2,650

in Total Papers Citations

494

CROSSREF CITATIONS

139

Scholarly Papers (31)

1.

The Role of Venture Capitalists in the Acquisition of Private Companies

AFA 2008 New Orleans Meetings Paper
Number of pages: 51 Posted: 23 Feb 2007
Paul A. Gompers and Yuhai Xuan
Harvard Business School - Finance Unit and University of California, Irvine - Paul Merage School of Business
Downloads 1,801 (16,700)
Citation 14

Abstract:

Loading...

Venture capital, mergers and acquisitions, private companies

2.

Gender Gaps in Venture Capital Performance

Number of pages: 58 Posted: 04 Jun 2014 Last Revised: 02 Sep 2020
Harvard Business School - Finance Unit, Georgetown University - McDonough School of Business, University of California, Los Angeles (UCLA) - Luskin School of Public Affairs and University of California, Irvine - Paul Merage School of Business
Downloads 1,690 (18,381)
Citation 12

Abstract:

Loading...

3.

More than Money: Venture Capitalists on Boards

The Journal of Law, Economics, and Organization (2019)
Number of pages: 45 Posted: 30 Mar 2015 Last Revised: 04 Aug 2022
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Harvard Business School - Finance Unit and University of California, Irvine - Paul Merage School of Business
Downloads 1,287 (27,789)
Citation 14

Abstract:

Loading...

Corporate Finance, Corporate Governance, Venture Capital, Private Equity, Econometrics

4.

Acquirer-Target Social Ties and Merger Outcomes

AFA 2010 Atlanta Meetings Paper, Fourth Singapore International Conference on Finance 2010 Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 52 Posted: 17 Mar 2009 Last Revised: 25 Mar 2014
Joy L. Ishii and Yuhai Xuan
Stanford Graduate School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 1,070 (36,126)
Citation 107

Abstract:

Loading...

Mergers and acquisitions, Social ties

5.

Ownership Structure and the Cost of Corporate Borrowing

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 62 Posted: 15 Dec 2009 Last Revised: 23 Feb 2012
Chen Lin, Yue Ma, Paul H. Malatesta and Yuhai Xuan
The University of Hong Kong - Faculty of Business and Economics, City University of Hong Kong (CityU) - Department of Economics & Finance, University of Washington - Michael G. Foster School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 955 (42,526)
Citation 78

Abstract:

Loading...

Ownership structure, Excess control rights, Control-ownership wedge, Cost of debt, Bank loans

6.

Employee Representation and Financial Leverage

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 60 Posted: 31 Dec 2014 Last Revised: 20 Oct 2016
Chen Lin, Thomas Schmid and Yuhai Xuan
The University of Hong Kong - Faculty of Business and Economics, The University of Hong Kong - Faculty of Business and Economics and University of California, Irvine - Paul Merage School of Business
Downloads 908 (45,582)
Citation 36

Abstract:

Loading...

Capital structure, financial leverage, employee representation, labor rights, bank ownership, tax reform

7.

Corporate Ownership Structure and the Choice Between Bank Debt and Public Debt

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 51 Posted: 16 Mar 2012 Last Revised: 22 May 2013
Chen Lin, Yue Ma, Paul H. Malatesta and Yuhai Xuan
The University of Hong Kong - Faculty of Business and Economics, City University of Hong Kong (CityU) - Department of Economics & Finance, University of Washington - Michael G. Foster School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 711 (63,365)
Citation 45

Abstract:

Loading...

8.

Bridge Building in Venture Capital-Backed Acquisitions

AFA 2009 San Francisco Meetings Paper
Number of pages: 46 Posted: 07 Mar 2008 Last Revised: 16 Mar 2009
Paul A. Gompers and Yuhai Xuan
Harvard Business School - Finance Unit and University of California, Irvine - Paul Merage School of Business
Downloads 709 (63,604)
Citation 30

Abstract:

Loading...

Venture capital, mergers and acquisitions, private companies

9.

"Trading" Political Favors: Evidence from the Impact of the STOCK Act

Number of pages: 43 Posted: 19 Apr 2016 Last Revised: 01 May 2023
Ruidi Huang and Yuhai Xuan
Southern Methodist University (SMU) - Finance Department and University of California, Irvine - Paul Merage School of Business
Downloads 628 (74,500)
Citation 4

Abstract:

Loading...

10.

Corporate Ownership Structure and Bank Loan Syndicate Structure

Journal of Financial Economics (JFE), Vol. 104, No. 1, 2012, AFA 2012 Chicago Meetings Paper
Number of pages: 51 Posted: 18 Dec 2010 Last Revised: 22 May 2013
Chen Lin, Yue Ma, Paul H. Malatesta and Yuhai Xuan
The University of Hong Kong - Faculty of Business and Economics, City University of Hong Kong (CityU) - Department of Economics & Finance, University of Washington - Michael G. Foster School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 574 (82,950)
Citation 28

Abstract:

Loading...

Ownership Structure, Syndicated Loan, Excess Control Rights

11.

The Contract Year Phenomenon in the Corner Office: An Analysis of Firm Behavior During CEO Contract Renewals

Number of pages: 35 Posted: 11 May 2014 Last Revised: 28 Sep 2020
Ping Liu and Yuhai Xuan
Krannert School of Management, Purdue University and University of California, Irvine - Paul Merage School of Business
Downloads 501 (98,418)
Citation 9

Abstract:

Loading...

12.

Ownership Structure and Financial Constraints: Evidence from a Structural Estimation

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 44 Posted: 16 Apr 2010 Last Revised: 23 May 2011
Chen Lin, Yue Ma and Yuhai Xuan
The University of Hong Kong - Faculty of Business and Economics, City University of Hong Kong (CityU) - Department of Economics & Finance and University of California, Irvine - Paul Merage School of Business
Downloads 457 (109,687)
Citation 6

Abstract:

Loading...

Ownership Structure, Insider Excess Control Rights, Financial Constraints

13.
Downloads 443 (113,716)
Citation 90

The Cost of Friendship

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 58 Posted: 18 Mar 2012 Last Revised: 04 Dec 2014
Harvard Business School - Finance Unit, Georgetown University - McDonough School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 307 (169,930)
Citation 1

Abstract:

Loading...

The Cost of Friendship

NBER Working Paper No. w18141
Number of pages: 48 Posted: 16 Jun 2012 Last Revised: 17 Jul 2023
Harvard Business School - Finance Unit, Georgetown University - McDonough School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 136 (361,623)
Citation 69

Abstract:

Loading...

14.

Are Share Repurchases Really Flexible?

Number of pages: 44 Posted: 07 Dec 2015 Last Revised: 01 May 2023
Heitor Almeida, Ruidi Huang and Yuhai Xuan
University of Illinois at Urbana-Champaign, Southern Methodist University (SMU) - Finance Department and University of California, Irvine - Paul Merage School of Business
Downloads 397 (129,206)

Abstract:

Loading...

15.

Under New Management: Equity Issues and the Attribution of Past Returns

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 30 Posted: 10 Apr 2009 Last Revised: 28 Oct 2015
Malcolm P. Baker and Yuhai Xuan
Harvard Business School and University of California, Irvine - Paul Merage School of Business
Downloads 397 (129,206)
Citation 19

Abstract:

Loading...

16.

Director Job Security and Corporate Innovation

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 80 Posted: 22 Jan 2020 Last Revised: 28 Sep 2022
Po-Hsuan Hsu, Yiqing Lü, Hong Wu and Yuhai Xuan
National Tsing Hua University - Department of Quantitative Finance, New York University (NYU) - New York University (NYU), Shanghai, Fudan University - School of Economics and University of California, Irvine - Paul Merage School of Business
Downloads 382 (134,947)

Abstract:

Loading...

director reelection, job security, corporate governance, innovation, exploration and exploitation

17.

How Does Health Insurance Affect Firm Employment and Performance? Evidence from Obamacare

Number of pages: 56 Posted: 21 Nov 2017 Last Revised: 21 Nov 2023
University of Illinois at Urbana-Champaign, Southern Methodist University (SMU) - Finance Department, Krannert School of Management, Purdue University and University of California, Irvine - Paul Merage School of Business
Downloads 381 (135,715)

Abstract:

Loading...

18.

Empire-Building or Bridge-Building? Evidence from New CEOs' Internal Capital Allocation Decisions

Review of Financial Studies, Forthcoming
Number of pages: 61 Posted: 14 Jun 2007 Last Revised: 10 Jun 2011
Yuhai Xuan
University of California, Irvine - Paul Merage School of Business
Downloads 367 (141,025)
Citation 5

Abstract:

Loading...

CEO, International capital markets, capital allocation, bargaining power

19.

Do Banks Overreact to Disaster Risk?

Number of pages: 52 Posted: 06 Jul 2021 Last Revised: 06 Apr 2022
City University of Hong Kong, University at Buffalo - School of Management, University of California, Irvine - Paul Merage School of Business and Nanjing University - School of Business
Downloads 339 (153,678)
Citation 1

Abstract:

Loading...

Disaster Risk; salience bias

20.

The Client is King: Do Mutual Fund Relationships Bias Analyst Recommendations?

Forthcoming, Journal of Accounting Research
Number of pages: 44 Posted: 19 Mar 2009 Last Revised: 12 Sep 2012
Michael Firth, Chen Lin, Ping Liu and Yuhai Xuan
Lingnan University - Department of Finance and Insurance, The University of Hong Kong - Faculty of Business and Economics, Krannert School of Management, Purdue University and University of California, Irvine - Paul Merage School of Business
Downloads 307 (170,806)
Citation 21

Abstract:

Loading...

Business relations, Analyst recommendations, Mutual fund, Client pressure

21.

Politically Affiliated Analysts

Management Science, Accepted.
Number of pages: 76 Posted: 27 Apr 2021 Last Revised: 28 Sep 2023
Dongmin Kong, Chen Lin, Shasha Liu and Yuhai Xuan
School of Economics, Huazhong University of Science and Technology, The University of Hong Kong - Faculty of Business and Economics, School of Management, Jinan University and University of California, Irvine - Paul Merage School of Business
Downloads 269 (197,210)

Abstract:

Loading...

analyst recommendations; political pressure; institutional investors; conflicts of interest; learning

22.

Directors' Disaster Experience and Corporate Environmental Performance

Number of pages: 49 Posted: 24 Jan 2022 Last Revised: 27 Jul 2022
City University of Hong Kong, University at Buffalo - School of Management, University of California, Irvine - Paul Merage School of Business and City University of Hong Kong (CityU), Department of Economics & Finance, Students
Downloads 204 (256,507)

Abstract:

Loading...

23.

Do Professional Rankings Affect Analyst Behavior? Evidence from a Regression Discontinuity Design

Number of pages: 1 Posted: 02 Oct 2020 Last Revised: 13 Jul 2021
University of Delaware - Alfred Lerner College of Business and Economics, New York University (NYU) - New York University (NYU), Shanghai, Fudan University - School of Economics and University of California, Irvine - Paul Merage School of Business
Downloads 157 (320,971)

Abstract:

Loading...

Sell-Side Analysts, Reputation, Stock Market Reaction, Professional Behavior, All-Star Award, Forecast Optimism, Forecast Boldness

24.

Lending Next to the Courthouse: Exposure to Adverse Events and Mortgage Lending Decisions

Number of pages: 63 Posted: 28 Oct 2019 Last Revised: 08 Mar 2023
Derek Huo, Bo Sun, Mingzhu Tai and Yuhai Xuan
Department of Real Estate and Construction, The University of Hong Kong, University of Virginia Darden School of Business, The University of Hong Kong, Faculty of Business and Economics and University of California, Irvine - Paul Merage School of Business
Downloads 149 (337,005)

Abstract:

Loading...

mortgage lending, foreclosure, salience

25.

Does Mobile Payment Adoption Reduce Corruption? Cross-country Evidence

Number of pages: 66 Posted: 25 Jul 2022 Last Revised: 19 Sep 2023
Lin Tang, Yuhai Xuan and Hong Zou
The University of Hong Kong - Faculty of Business and Economics, University of California, Irvine - Paul Merage School of Business and The University of Hong Kong - Faculty of Business and Economics
Downloads 138 (358,176)

Abstract:

Loading...

FinTech, Mobile payment, Digital payment, Regulation, Corruption, Cross-country

26.
Downloads 124 (388,785)

Governance by One-Lot Shares

Number of pages: 1 Posted: 21 Sep 2020 Last Revised: 14 Dec 2021
Feng Cao, Yuhai Xuan, Rongli Yuan and Hong Zou
Hunan University - Business School, University of California, Irvine - Paul Merage School of Business, Renmin University of China - School of Business and The University of Hong Kong - Faculty of Business and Economics
Downloads 122 (395,220)

Abstract:

Loading...

investor protection, shareholder activism, independent director voting, tunneling

Governance by One-Lot Shares

Number of pages: 78 Posted: 21 Sep 2020
Feng Cao, Yuhai Xuan, Rongli Yuan and Hong Zou
Hunan University - Business School, University of California, Irvine - Paul Merage School of Business, Renmin University of China - School of Business and The University of Hong Kong - Faculty of Business and Economics
Downloads 2 (1,084,893)

Abstract:

Loading...

investor protection, shareholder activism, independent director voting, tunneling

27.

Local Environmental Beliefs and Corporate Environmental Performance

Number of pages: 1
Yue Li, Hong Wu and Yuhai Xuan
University of California, Irvine - Paul Merage School of Business, Fudan University and University of California, Irvine - Paul Merage School of Business
Downloads 3

Abstract:

Loading...

corporate environmental performance, pollution prevention, emissions, local beliefs

28.

Magna International, Inc. (A)

Harvard Business School Finance Case No. 211-044
Posted: 28 Feb 2012
Timothy Luehrman and Yuhai Xuan
Harvard Business School - Finance Unit and University of California, Irvine - Paul Merage School of Business

Abstract:

Loading...

29.

Magna International, Inc. (B)

Harvard Business School Finance Case No. 211-045
Posted: 28 Feb 2012
Timothy Luehrman and Yuhai Xuan
Harvard Business School - Finance Unit and University of California, Irvine - Paul Merage School of Business

Abstract:

Loading...

30.

Empire-Building or Bridge-Building? Evidence from New CEOs’ Internal Capital Allocation Decisions

The Review of Financial Studies, Vol. 22, Issue 12, pp. 4919-4948, 2009
Posted: 24 Nov 2009
Yuhai Xuan
University of California, Irvine - Paul Merage School of Business

Abstract:

Loading...

G30, G31

31.

Shenzhen Development Bank

HBS Case No. 210-020, Harvard Business School Finance Unit
Posted: 19 Nov 2009
Li Jin, Yuhai Xuan and Xiaobing Bai
Harvard Business School - Finance Unit, University of California, Irvine - Paul Merage School of Business and Harvard Business School

Abstract:

Loading...