Photo of Dr Yang Zhao

Dr Yang Zhao PhD

Senior Lecturer in Financial Data Analysis Finance and Accounting


    Personal Statement

    Dr. Yang Zhao studies the impact of professional and social networks on issues in corporate finance and corporate governance, which includes executive compensation, mergers and acquisitions, executive turnover and insider trading. His research finds that director networks can create informational advantages, which improve companies' operational efficiency when information asymmetry is present. On the other hand, directors can gain managerial power via director networks, which would give rise to entrenchment and excessive compensation.

    Dr. Yang Zhao is also interested in the following areas of research:

    Director networks
    Insider trading
    Corporate innovation
    Corporate governance