Yuhai Xuan
Associate Professor of Finance
& Marvin Bower Fellow
Harvard Business School
Baker Library 347
10 Soldiers Field Road
Boston, MA 02163
Phone: (617) 495-6538
E-mail: yxuan@hbs.edu


 
PUBLICATIONS

 

Empire-Building or Bridge-Building? Evidence from New CEOs' Internal Capital Allocation Decisions
  Review of Financial Studies, Vol. 22, No. 12, December 2009, pp. 4919-4948.
Online Appendix
Abstract

Ownership Structure and the Cost of Corporate Borrowing
 
with Chen Lin, Yue Ma, and Paul Malatesta
Journal of Financial Economics, Vol. 100, Issue 1, April 2011, pp. 1-23 (Lead Article; First Place Winner of the 2011 Jensen Prize for the Best Paper in the Areas of Corporate Finance and Organizations published in the Journal of Financial Economics).
Abstract

Ownership Structure and Financial Constraints: Evidence from a Structural Estimation
  with Chen Lin and Yue Ma
Journal of Financial Economics, Vol. 102, Issue 2, November 2011, pp. 416-431.
Abstract

The Role of Venture Capitalists in the Acquisition of Private Companies
 
with Paul Gompers
in Research Handbook on International Banking and Governance, edited by James Barth, Chen Lin, and Clas Wihlborg, Cheltenham, UK: Edward Elgar Publishing, 2012.
 
Corporate Ownership Structure and Bank Loan Syndicate Structure
  with Chen Lin, Yue Ma, and Paul Malatesta
Journal of Financial Economics, Vol. 104, Issue 1, April 2012, pp. 1-22 (Lead Article).
Abstract

The Client is King: Do Mutual Fund Relationships Bias Analyst Recommendations?
  with Michael Firth, Chen Lin, and Ping Liu
Journal of Accounting Research, Vol. 51, Issue 1, March 2013, pp. 165-200.
Abstract

Corporate Ownership Structure and the Choice Between Bank Debt and Public Debt
  with Chen Lin, Yue Ma, and Paul Malatesta
Journal of Financial Economics, Vol. 109, Issue 2, August 2013, pp. 517-534.
Abstract

Acquirer-Target Social Ties and Merger Outcomes
  with Joy Ishii
Journal of Financial Economics, forthcoming.
Abstract


 
WORKING PAPERS

 

The Cost of Friendship
  with Paul Gompers and Vladimir Mukharlyamov
Draft date: April 2014
Abstract

Under New Management: Equity Issues and the Attribution of Past Returns
  with Malcolm Baker
Draft date: January 2014
Abstract

Bridge Building in Venture Capital-Backed Acquisitions
  with Paul Gompers
Draft date: December 2009
Abstract


 
COURSE DEVELOPMENT

 

"Shenzhen Development Bank" (with Li Jin and Xiaobing Bai), Harvard Business School Case 210-020.
  Teaching Note:
 
"Shenzhen Development Bank" (with Li Jin), Harvard Business School Teaching Note 211-070.
  Courseware:
 
"Shenzhen Development Bank", Harvard Business School Spreadsheet Supplement 213-703.
  Abstract

"Magna International, Inc. (A)" (with Timothy Luehrman), Harvard Business School Case 211-044.
"Magna International, Inc. (B)" (with Timothy Luehrman), Harvard Business School Supplement 211-045.
  Teaching Note:
 
"Magna International, Inc. (A) and (B)" (with Timothy Luehrman), Harvard Business School Teaching Note 211-077.
  Courseware:
 
"Magna International, Inc. (A)" (with Timothy Luehrman), Harvard Business School Spreadsheet Supplement 211-707.
  Abstract


 
HARVARD UNIVERSITY

 

Appointments
 
2012-  Associate Professor, Finance Unit, Harvard Business School
2012-  Marvin Bower Fellow, Harvard Business School
2006-2012  Assistant Professor, Finance Unit, Harvard Business School
2004-2006
 
  Head Teaching Fellow, Harvard University
 
Assignments
 
2009-  Corporate Financial Management, MBA Elective Curriculum
2010-  Finance for Senior Executives, Executive Education
2012- 
Global Immersion, Field Immersion Experiences for Leadership Development (FIELD), MBA Required Curriculum
2006-2008  First-Year Finance, MBA Required Curriculum
2004-2006  Corporate Finance; Introductory Econometrics; MBA Analytics Program (Finance)
   Awarded Harvard University Certificate of Distinction in Teaching, 2004, 2005
 

 
EDUCATION

 

2006  Ph.D., Business Economics (Finance), Harvard University (Cambridge, MA)
2002
 
  A.M., Business Economics (Finance), Harvard University (Cambridge, MA)
 

 
INVITED PRESENTATIONS AND DISCUSSIONS

 

University of Amsterdam (Business School), Bentley University (Department of Finance), University of Bristol (School of Economics, Finance and Management), Case Western Reserve University (Weatherhead), University of Chicago (Booth), Chinese University of Hong Kong (Faculty of Business Administration), City University of Hong Kong (College of Business, 2009, 2010), Cornell University (Johnson), Dartmouth College (Tuck), University of Delaware (Lerner), Duke University (Fuqua), Erasmus University (Rotterdam), University of Exeter (Business School), University of Florida (Warrington), George Mason University (School of Management), Harvard Business School, Hong Kong University of Science and Technology (Business School), University of Illinois at Urbana-Champaign (College of Business), University of Iowa (Tippie), Lingnan University (Department of Economics, 2010, 2011), Massachusetts Institute of Technology (Sloan), University of Michigan (Ross, 2006, 2011), Michigan State University (Broad), National University of Singapore (Business School), New York University (Stern), University of North Carolina at Chapel Hill (Kenan-Flagler), Ohio State University (Fisher), University of Rochester (Simon), Singapore Management University (Business School), University of Texas at Austin (McCombs), Tilburg University (School of Economics and Management), Tsinghua University (School of Economics and Management), University of Utah (Eccles), University of Washington (Foster), Washington University in St. Louis (Olin), American Economic Association Meetings (2007), American Finance Association Meetings (2007, 2008, 2009, 2010, 2011, 2012), Drexel University Annual Academic Conference on Corporate Governance (2011), National Bureau of Economic Research Summer Institute Law and Economics Workshop (2010), Singapore International Conference on Finance (2010), Texas Finance Festival (2009), Yale-European Corporate Governance Institute-Oxford Conference on Corporate Governance (2010)


 
PROFESSIONAL ACTIVITIES

 

Associate Editor, Journal of Financial and Quantitative Analysis, 2012-
 
Referee for Emerging Markets Finance and Trade, Journal of Business Finance and Accounting, Journal of Comparative Economics, Journal of Corporate Finance, Journal of Economics and Business, Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Financial Economics, Management Science, Quarterly Journal of Economics, Review of Corporate Finance Studies, Review of Financial Studies, Research Grants Council of Hong Kong, Swiss National Science Foundation
 
Program committee: European Finance Association Annual Meetings (2013-), Utah Winter Finance Conference (2013-), Western Finance Association Annual Meetings (2010-)

 


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