Yuehua Tang
- Scott J. Friedman Professor of AI in Finance
- Full Professor
- Graduate Coordinator, PhD – Finance Insurance and Real Estate
Location
- Warrington College of Business
- Eugene F. Brigham Finance, Insurance and Real Estate Department
- PhD – Finance Insurance and Real Estate
- Stuzin Hall 317A
Dr. Yuehua Tang is the Scott J. Friedman Professor of AI in Finance and Finance Ph.D. Coordinator at the Warrington College of Business, University of Florida. His research interests include investments, institutional investors, fintech, climate finance, capital markets, and corporate finance. He has published in leading academic journals such as the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, and Management Science. His work has received many research excellence awards, including the Q-Group Research Award, Chicago Quantitative Alliance (CQA) Best Paper Awards (three times), AMTD FinTech Centre Prize, BlackRock Best Paper Award (AFBC Sydney), and Yihong Xia Best Paper Award. He currently serves as a senior editor at the Oxford Research Encyclopedia of Economics and Finance. His research has been featured in The Wall Street Journal, The Economist, Bloomberg News, Forbes, CNBC, Yahoo Finance, Fortune, and The New York Times.
Expertise and interest areas
- AI in Finance
- Climate Finance
- Corporate Finance
- FinTech
- Hedge Funds
- Investments
- Mutual Funds
News
Companies ignoring climate risks get punished by markets, new study reveals – March 29, 2024 – GAINESVILLE, Fla. – A pioneering study from the University of Florida has quantified corporations’ exposure to climate change risks like hurricanes, wildfires, and climate-related regulations…
Exposing the dual role of mutual funds in connection with investment banks – May 18, 2023 – GAINESVILLE, Fla. – Institutional investors and investment banks are two key players in today’s financial system. The relationship between these two is complex, and according…
Mutual funds generate better returns with thematic investing – March 23, 2023 – GAINESVILLE, Fla. – Risky, trendy, volatile. These are just a few recent descriptions of thematic investing, an emergent investment strategy that focuses on using research…
Secrets don’t make friends: New research shows hedge funds gain information advantage from unique relationships with investment banks – September 24, 2019 – GAINESVILLE, Fla. – Keeping a secret is often easier said than done, especially when there’s money on the table. For years, news outlets like The…
Courses taught
- Advanced Research (FIN7979)
- Corporation Finance (FIN6425)
- Finance II: Capital Structure and Risk Management Issues (FIN5439)
- Finance Research Workshop (FIN7938)
- Financial Decision Making (FIN6429)
- Individual Work in Finance (FIN6905)
- Research for Doctoral Dissertation (FIN7980)
Education
- PhD – Finance, Georgia State University, 2013
- MA – Economics, Renmin University of China, 2008
- MA – Economics (with Distinction), University of Antwerp, 2008
- BA – Economics, Nankai University, 2006
Honors and awards
- BlackRock Best Paper Award The 36th Australasian Finance and Banking Conference — 2023
- AMTD FinTech Centre Prize Asian Finance Association Conference — 2022
- UF Term Professorship University of Florida — 2021
- Emerson-Merrill Lynch Professorship University of Florida — 2020
- Yihong Xia Best Paper Award China International Conference in Finance — 2018
- First Prize Chicago Quantitative Alliance Academic Competition — 2017
- Best Paper Award Conference of the Paul Woolley Centre for the Study of Capital Market Dysfunctionality — 2015
Journal article publications
- “Security Comes at a Cost: The Economic Consequences of U.S. Government Interventions in Foreign Investments”
- Status: Working Paper
- Authors: Andy Naranjo, Yuehua Tang, Sichong Chen
- Can ChatGPT Forecast Stock Price Movements? Return Predictability and Large Language Models
- Status: 1st Revise and Resubmit
- Authors: Alejandro Lopez-Lira, Yuehua Tang
- Corporate Climate Risk: Measurement and Responses
- Status: Published
- Journal: Review of Financial Studies, The
- Published Year: 2024
- Authors: Qing Li, Hongyu Shan, Yuehua Tang, Vincent Yao
- Corporate Climate Risk: Measurement and Responses
- Status: Accepted
- Journal: Review of Financial Studies, The
- Accepted Year: 2023
- Author: Yuehua Tang
- Peer versus Pure Benchmarks in the Compensation of Mutual Fund Managers
- Status: Accepted
- Journal: Journal of Financial and Quantitative Analysis
- Accepted Year: 2023
- Author: Yuehua Tang
- Non-Standard Errors
- Status: Accepted
- Journal: Journal of Finance
- Accepted Year: 2023
- Author: Yuehua Tang
- Customers as Friendly Shareholders: Uncovering the Complex Mutual Fund-Broker Relationship
- Status: Accepted
- Journal: Management Science
- Accepted Year: 2023
- Authors: Nitish Kumar, Yuehua Tang, Kelsey Wei
- Artificial Market Timing in Mutual Funds
- Status: Accepted
- Journal: Journal of Financial and Quantitative Analysis
- Accepted Year: 2022
- Author: Yuehua Tang
- Fund Manager Skill in an Era of Globalization: Offshore Concentration and Fund Performance
- Status: Accepted
- Journal: Journal of Financial Economics
- Published Year: 2021
- Author: Yuehua Tang
- Double-Adjusted Mutual Fund Performance
- Status: Published
- Journal: The Review of Asset Pricing Studies
- Published Year: 2021
- Author: Yuehua Tang
- Prime (Information) Brokerage
- Status: Published
- Journal: Journal of Financial Economics
- Published Year: 2020
- Author: Yuehua Tang
- Prime (information) brokerage
- Status: Published
- Journal: Journal of Financial Economics
- Published Year: 2020
- Authors: Nitish Kumar, Kevin Mullally, Sugata Ray, Yuehua Tang
- Transaction Costs, Portfolio Characteristics, and Mutual Fund Performance
- Status: Published
- Journal: Management Science
- Published Year: 2020
- Author: Yuehua Tang
- Portfolio Manager Ownership and Mutual Fund Risk Taking
- Status: Published
- Journal: Management Science
- Published Year: 2019
- Author: Yuehua Tang
- Portfolio Manager Compensation in the U.S. Mutual Fund Industry
- Status: Published
- Journal: Journal of Finance
- Published Year: 2019
- Author: Yuehua Tang
- When Does Competition Mitigate Agency Problems?
- Status: Published
- Journal: Journal of Corporate Finance
- Published Year: 2018
- Author: Yuehua Tang
- Can Information Be Locked-up? Informed Trading Ahead of Macro-News Announcements
- Status: Published
- Journal: Journal of Financial Economics
- Published Year: 2016
- Author: Yuehua Tang
- Mandatory Portfolio Disclosure, Stock Liquidity, and Mutual Fund Performance
- Status: Published
- Journal: Journal of Finance
- Published Year: 2015
- Author: Yuehua Tang
- Uncovering Hedge Fund Skill from the Portfolio Holdings They Hide
- Status: Published
- Journal: Journal of Finance
- Published Year: 2013
- Author: Yuehua Tang