Education
Ph D, Finance, University of Arkansas, 2010
MS, Risk Management, University of Tulsa, 2006
MBA, Finance, University of Arkansas, 2003
Yingying Shao
Professor, Department of Finance
Currently Teaching
- Spring: FIN350.001 - FINANCIAL MODELING CORP FINANC
- Spring: FIN351.001 - ADVANCED CORPORATE FINANCE
- Spring: FIN351.002 - ADVANCED CORPORATE FINANCE
Areas of Expertise
Banking
Risk managementCorporate FinanceEmerging marketsSelected Publications and Presentations
- Extending Trade Credit as Socially Responsible Companies: Evidence from the COVID-19 Pandemic,
Publisher: International Journal of Managerial Finance, April (2nd Quarter/Spring), 2025 - Is it beneficial to be part of a banking group?,
Publisher: , January (1st Quarter/Winter), 2025 - To stay or not to stay? How companies’ business actions in a sanctioned country affect consumer responses,
Publisher: , January (1st Quarter/Winter), 2025 - Family firm governance and working capital management policy,
Publisher: , August, 2024 - FinTech in Maryland: Evidence from Paycheck Protection Program,
Publisher: , January (1st Quarter/Winter), 2024 - Religiosity and Bank Lending: Evidence surrounding the Pandemic in the United States,
Publisher: Studies in Economics and Finance, April (2nd Quarter/Spring), 2023 - Corporate Social Responsibility and Risk-Taking in Banking,
Publisher: Social Responsibility Journal, March, 2023 - Family Firms’ Cross-Border Mergers and Acquisitions,
Publisher: International Review of Financial Analysis, July (3rd Quarter/Summer), 2022 - Innovation and New Business Formation: the Role of Large Innovative Firms,
Publisher: Small Business Economics, March, 2022 - PPP Loans in Maryland,
Publisher: Baltimore Business Review, December, 2021 - Religiosity and Corporate Social Responsibility: Do They Mix Well Together?,
Publisher: Studies in Business and Economics, September, 2021 - The Management of Interest Rate Risk: Are Maryland Banks Different?,
Publisher: Baltimore Business Review, December, 2019 - Regulatory Compliance Cost for Small Maryland Banks,
Publisher: Baltimore Business Review, December, 2017 - Steward Effects of Target Founder-CEO: Evidence from Takeovers,
Publisher: Emerging Markets Finance and Trade , December, 2017 - FAMILY OWNERSHIP, GOVERNANCE CHOICES AND POST-IPO PERFORMANCE,
Publisher: Corporate Ownership & Control, August, 2017 - Determinants of financial policy in the hospitality sector in the U.S.,
Publisher: Tourism Economics, May, 2017 - Mortgage Loan Securitization and Personal Consumption Smoothening,
Publisher: Journal of Economics and Finance, January (1st Quarter/Winter), 2017 - Do small businesses get the credit they need?,
Publisher: Baltimore Business Review, December, 2016 - Institutions, Capital Control, and Liquidity Creation,
Publisher: Journal of Financial Economic Policy, August, 2016 - Banking and income inequality of the American community: an analysis,
Publisher: Banks and Bank Systems, April (2nd Quarter/Spring), 2016 - Homeownership and Income Inequality in United States Urban Areas,
Publisher: Housing Finance International, April (2nd Quarter/Spring), 2016 - Corporate Social Responsibility in Maryland,
Publisher: Baltimore Business Review, December, 2015 - Finance Laboratory = Enhancing Students’ Learning,
Publisher: Baltimore Business Review, December, 2015 - Industry cluster and performance sensitivity,
Publisher: Journal of Economics and Finance, October (4th Quarter/Autumn), 2015 - Family Firm Governance and Financial Policy Choices in Newly Public Firms,
Publisher: Corporate Governance: An International Review, September, 2015 - Government Intervention and Corporate Policies: Evidence from China,
Publisher: Journal of Business Research, March, 2015 - Does Securitization Support Entrepreneurial Activity?,
Publisher: Journal of Financial Services Research, January (1st Quarter/Winter), 2015 - Family Involvement and Post-IPO Investment Policy,
Publisher: Family Business Review, November, 2014 - Governance, Crash Risk and Systemic Risk: Evidence from Large U.S. Banks,
Publisher: International Journal of Corporate Governance, October (4th Quarter/Autumn), 2014 - The Impact of Lending Growth on the Riskiness of Chinese Banks,
Publisher: Chinese Economy, October (4th Quarter/Autumn), 2014 - The Growth Payback, a reinterpretation of the PEG Ratio,
Publisher: Journal of Business and Economic Perspectives, July (3rd Quarter/Summer), 2014 - Liquidity crisis, relationship lending and corporate finance,
Publisher: Journal of Banking and Finance, February, 2014 - Distance in small business lending in Maryland,
Publisher: Baltimore Business Review, December, 2013 - Financial derivatives, opacity, and crash risk: Evidence from large U.S. banks,
Publisher: Journal of Financial Stability, December, 2013 - Inventory accumulation, location and financial structure: evidence from China,
Publisher: Studies in Economics and Finance, August, 2013 - The Liquidity Crisis: Evidence from the US Hospitality Industry,
Publisher: Tourism Economics, June, 2013 - Governance, Product Market Competition and Cash Management in IPO Firms,
Publisher: Journal of Banking and Finance, March, 2013 - Leverage, wholesale funding and national risk attitude,
Publisher: Journal of International Financial Markets, Institutions & Money, February, 2013 - Securitization and entrepreneurial activity in Maryland,
Publisher: Baltimore Business Review, December, 2012 - Small business loan securitization and interstate risk sharing,
Publisher: Small Business Economics, May, 2012 - Bank Lending in Maryland under CPP Funding,
Publisher: Baltimore Business Review, December, 2011 - Board Risk Oversight, Hedging, Intensity, and the Idiosyncratic Risk of U.S. Banks,
Publisher: Risk Management and Corporate Governance , Routledge, September, 2011 - The Powerful Network of Maryland Corporate Board Members,
Publisher: Baltimore Business Review, December, 2010 - Did the Repeated Debt Ceiling Controversies Embed Default Risk in U.S. Treasury Securities?,
Publisher: Journal of Banking and Finance, March, 2009
Grants & Contracts
- Research Innovation Grant
Sponsor: Faculty Development and Research Committee, Towson University, - Summer Research Grant
Sponsor: , 2022 - Summer research grant
Sponsor: College of Business and Economics, 2020 - Summer research grant
Sponsor: College of Business and Economics, 2016 - Summer Research Grant
Sponsor: College of Business and Economics, 2011