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Tracy Yue Wang



  • PhD 2005
    Finance Robert H. Smith School of Business, University of Maryland
  • MA 2000
    Economics Ohio State University
  • BA 1998
    International Finance Renmin University of China


  • Corporate governance, law and economics, behavioral finance


Tracy Wang is the John Spooner Professor of Finance. Her expertise lies in the fields of corporate governance, law and economics, and behavioral finance. Her current research explores the impact of prominent societal trends such as increasing attention to ESG and DEI, increasing polarization in ideology, and increasing income inequality on corporate finance and corporate governance. She has also established expertise in research related to corporate securities fraud,  securities market regulation, and the value impact of management. She has published in top economics, finance, and accounting journals such as Journal of Finance, Review of Financial Studies, Review of Economic Studies, Journal of Law, Economics, and Organization, Journal of Accounting and Economics. She currently serves as an editor for Journal of Corporate Finance.


Selected Works & Activities

  • Journal Articles
    “Corporate Scandals and Household Stock Market Participation,” (with Mariassunta Gianneti). Journal of Finance 71, 2591-2636.
  • Journal Articles
    “CEO Investment Cycles,” (with Yihui Pan and Michael Weisbach). Review of Financial Studies 29, 2955-2999.
  • Journal Articles
    “Do Equity Markets Care About Income Inequality: Evidence from Pay Ratio Disclosures,” (with Yihui Pan, Elena Pikulina, and Stephan Siegel). Journal of Finance 77 (2): 1371-1411.
  • Journal Articles
    “Public Attention to Gender Equality and Board Gender Diversity,” (with Mariassunta Giannetti). Journal of Financial and Quantitative Analysis.
  • Journal Articles
    “Tolerance for Failure and Corporate Innovation,” (with Xuan Tian). Review of Financial Studies 27, 211-255.

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