Professor
Finance

Jimmy Yang

Overview
Overview
Background
Publications

Overview

Career Interests

Jimmy Yang is a Professor of Finance in the College of Business. He currently teaches courses in Corporate Finance and International Financial Management. His research has focused on market stabilization mechanisms, international financial markets, and equity offerings.

Background

Education

Ph.D. University of Cincinnati (2003)
Finance                            

MBA Saint Louis University (1997)               
Finance  

BA National Chung Hsing University (1993)
Public Finance  

Experience

  • Professor, College of Business, Oregon State University (2015 - present)
  • Associate Professor, College of Business, Oregon State University (2009 - 2015)
  • Assistant Professor, College of Business, Oregon State University (2003 - 2009)
  • Instructor, College of Business Administration, University of Cincinnati (2001 - 2002)

 

Professional Affiliations

  • American Finance Association
  • Financial Management Association
  • Western Finance Association

Honors & Awards

  • Toomey Faculty Fellow, COB, Oregon State University (2012-2014)
  • Faculty International Grant, International Programs, Oregon State University (2013)
  • International Programs Faculty Grant, Oregon State University (2011, 2012)
  • Newcomb Fellowship, COB, Oregon State University (2009)
  • Gazette-Times Faculty Leadership Award, COB, Oregon State University (2009)
  • Outstanding Faculty Service Award, COB, Oregon State University (2007, 2008)
  • Summer Research Fellowships, COB, Oregon State University (2004, 2005, 2006, 2008, 2009, 2010, 2013)
  • University Distinguished Dissertation Fellowship for Behavioral & Social Sciences, University of Cincinnati (2002-2003)
  • University Graduate Scholarships, University of Cincinnati (1998-2002)
  • Summer Research Fellowships, University of Cincinnati (2000)

Publications

Academic Journal
Finance

“What makes circuit breakers attractive to financial markets? A survey”

After the stock market crash of October 1987, the Brady Report (1988) and several academic researchers suggested the imposition of "circuit breakers" to prevent the market from fluctuating excessively. Most financial markets in the world have imposed circuit breaker systems, in the form of price limits and trading halts, in an attempt to reduce excessive market volatility. Similar to any other regulations, circuit breakers have proponents and opponents. In this survey, we analyze the benefits and costs of each type of circuit breaker, provide existing theoretical models and predictions related to each type of circuit breaker, and present findings from empirical studies to justify or disqualify the existence of circuit breakers. In addition, we synthesize existing studies and offer directions for further research in this area.
Details