Resume Resume (PDF) Research Teaching
______________________________________
Mark H. Liu, Ph.D.
Associate Professor of Finance
437A Gatton College of Business & Economics
University of Kentucky, Lexington, KY40506
TEL: (859)257-9842
FAX: (859)257-9688
E-mail: mark.liu@uky.edu
EDUCATION
Ph.D. in Finance,
2004
MS in Economics
1998
BS in International Economics
1994
TEACHING
EXPERIENCE
International Finance (Fin 423),
U of Kentucky, Spring 2008-2012
Corp. Investment and Financial Policy
(Fin 645, MBA course), U of
Kentucky, Spring 2007
Seminar in Financial Theory (Fin
700, Ph.D. course),
U of Kentucky, Fall 2006-2010
Capital Investment and Financing
Decisions (Fin 445), U
of Kentucky, Spring 2005-2006
Financial Management (MF704, MBA/MSF
course), Boston College, Spring 2004
Basic Finance (MF021),
Boston College, Spring 2003
Intermediate Microeconomic Theory (ECON
150A), Univ. of
Western Ontario, Summer 1999
ACADEMIC
APPOINTMENTS
Associate Professor of Finance (with
tenure), University of Kentucky, 2011 – present
Visiting Scholar, Boston College, Fall 2011
Assistant Professor of Finance, University
of Kentucky, 2004 – 2011
PUBLICATIONS
“Do Investment Banks Listen to Their Own Analysts?”
2012 Journal of Banking and Finance
36, 1452-1463.
(with Brad Jordan, University of Kentucky, and Qun Wu, SUNY
Oneonta)
“A Theory of Equity Carve-Outs
and Negative Stub Values under Heterogeneous Beliefs,” 2011 the Journal of Financial Economics 100, 616-638.
(with Onur
Bayar, UT San Antonio, and Thomas Chemmanur, Boston College)
“Analysts’ Incentives to
Produce Industry-Level versus Firm-Specific Information,” 2011 the Journal of
Financial and Quantitative Analysis 46, 757-784.
(single-authored)
“Does
More Information in Stock Price Lead to Greater or Smaller Idiosyncratic Return
Volatility?’’ 2011 Journal of Banking
and Finance 35, 1563-1580.
(with Dong Lee, Korea University)
“Institutional Trading,
Information Production, and the Choice between Spin-Offs, Carve-Outs, and
Tracking Stock Issues,” 2011 Journal of Corporate Finance 17, 62-82.
(with Thomas Chemmanur, Boston
College)
“Anti-takeover Provisions in Corporate Spin-offs,” 2010 Journal
of Banking and Finance 34, 813-824.
(with
Thomas Chemmanur, Boston College, Brad Jordan, University of Kentucky, and Qun
Wu, SUNY Oneonta)
“Stock Splits as a Manipulation
Tool: Evidence from Mergers and Acquisitions” , 2008 Financial Management 37, 695-712.
(with
Shourun Guo, Duke Energy, and Weihong Song,
University of Cincinnati)
"Buy-side Analysts, Sell-side Analysts, and Investment
Decisions of Money Managers," 2006, the Journal of Financial
and Quantitative Analysis 41, 51-83.
(with
Yingmei Cheng, Florida State University, and Jun
Qian, Boston College)
WORKING
PAPERS