Yingmei Cheng

Patty Hill Smith Eminent Scholar in Finance and Director, Ph.D. Program with a Major in Finance
Yingmei Cheng
Faculty
Location
422 RBA
Phone
850-644-7869
Academic Specialty
Financial Economics
Education

Ph.D., University of Pennsylvania
M.A., University of Miami
M.A., Princeton University
B.S., University of Science and Technology of China

Areas of Expertise

Stock repurchases
Executive compensation
International investment               

Dr. Yingmei Cheng is the Patty Hill Smith Eminent Scholar in Finance in the Department of Finance at Florida State University’s College of Business. She also serves as the director of the college’s Ph.D. Program in finance. Cheng has taught undergraduate, MBA and doctoral courses in finance and economics. Her research focuses on theoretical and empirical corporate finance, and her work has received four best paper awards since 2003. Cheng’s research has been published in premier finance and economics journals, including Journal of Financial Economics, The Review of Economics and Statistics and Journal of Financial and Quantitative Analysis. Additionally, her papers were accepted by highly selective conferences, such as American Finance Association Meeting, Western Finance Association Meeting, Utah Winter Finance Meeting and NBER Spring Meeting. 

Cheng earned her bachelor’s degree in chemistry at the University of Science and Technology in China. She has a master’s degree in Chemistry from Princeton University and a master’s degree in economics from the University of Miami. Her Ph.D. is in economics from the University of Pennsylvania.

Selected Published Research

Thomas Chemmanur, Yingmei Cheng, and Tim Zhang, "Capital Structure and Employee Pay: An Empirical Analysis", Journal of Financial Economics, Forthcoming.

James Ang, Yingmei Cheng, and Chaopeng Wu, "Does Enforcement of Intellectual Property Rights Matter? Evidence from Financing and Investment Choices in the High Tech Industry", The Review of Economics and Statistics, Forthcoming (Posted Online April 2, 2013).

Yingmei Cheng, Jarrad Harford, and Tim Zhang, "Bonus-driven Repurchases", Journal of Financial and Quantitative Analysis, Forthcoming.

James Ang, Yingmei Cheng, and Chaopeng Wu, "Trust, Investment, and Business Contracting", Journal of Financial and Quantitative Analysis, Forthcoming.

James Ang, and Yingmei Cheng, "The Endogeneity of Information Asymmetry and Corporate Financing Decisions", 2011, Journal of Financial Research, Volume 34, Issue 3, pages 411–440 (Lead article).

Yingmei Cheng, Mark Liu, and Jun Qian, "Buy-side Analysts, Sell-side Analysts, and Investment Decisions of Money Managers", 2006, Journal of Financial and Quantitative Analysis, Vol. 41 (1), 51-83.

James Ang, and Yingmei Cheng, "Direct Evidence of Market-driven Acquisitions Theory", 2006, Journal of Financial Research, Vol. 29 (2), 199-216.

Yingmei Cheng, "Post-listing Underperformance: Is It Really Bad to Move Trading Locations?" 2005, Journal of Corporate Finance, Vol. 12 (1), 97-120. 

James Ang, and Yingmei Cheng, "Single Stock Futures: Listing Selection and Trading Volume", 2005, Finance Research Letters, Vol. 2 (1), 30-40.

Jere Behrman, Yingmei Cheng, and Petra Todd, "Evaluating Programs When Length of Exposure to the Program Varies: A Nonparametric Approach", 2004, The Review of Economics and Statistics, Vol. 86 (1), 108-132.

Honors and Awards

The Best Paper Award, Financial Management Association Asian Meeting, Xiamen, May 2009

"Does Enforcement of Intellectual Property Rights Matter? Evidence from Financing and Investment Choices in the High Tech Industry".

The Best Paper Award, TCFA 15th Annual Conference, New York City, November 2009

"Does Enforcement of Intellectual Property Rights Matter? Evidence from Financing and Investment Choices in the High Tech Industry".

The Best Paper Award, AAA Northeast Regional Meeting, Newport, Rhode Islands, November 2008

"Capital Structure and Employee Pay: An Empirical Analysis".

The Best paper award in Corporate Finance, Eastern Finance Association, Thirty-Ninth Annual Meeting, Lake Buena Vista, Florida, April 2003.

"Buy-side Analysts, Sell-side Analysts, and Investment Decisions of Money Managers".