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Dr. Stella Liao

Associate Professor
Office
SFHB State Farm Hall of Business 420
  • About
  • Education
  • Awards & Honors
  • Selected Research

Current Courses

FIL 370.001 Educational Investment Fund

FIL 242.003 Investments

FIL 242.007 Investments

FIL 370.001 Educational Investment Fund |  Syllabus

FIL 242.001 Investments |  Syllabus

FIL 242.002 Investments |  Syllabus

Teaching Interests & Areas

Investments
International Finance
Corporate Finance

Research Interests & Areas

Corporate Governance
Board of Directors
Cross-Listings
M&As

PhD

University of Missouri - Columbia

MBA

University of Illinois-Urbana-Champaign

Journal of Financial Research Editors' Choice Award

Journal of Financial Research
2024

Outstanding Teaching Award

Department of Finance, Insurance, & Law
2024

Dixie Mills Faculty Award

College of Business
2023

Outstanding Service Award

Department of Finance, Insurance, & Law
2022

Outstanding Teaching Award

Department of Finance, Insurance, & Law
2021

Summer Research Grant

College of Business
2021

University Research Grant

College of Business
2021

Emerald Literati Outstanding Paper Award

Emerald
2020

Manahan Family Award for Teaching Excellence in Business

College of Business
2020

University Research Grant

Illinois State University
2020

COB Featured Research

College of Business
2019

COUNTRY Financial Faculty Scholar Award

College of Business
2019

Outstanding Service Award

Department of Finance, Insurance, & Law
2019

Best Paper Awards

MBAA International Convention
2018

Best Paper First Prize

CFA Institute Investment Management at the 8th India Finance Conference
2018

Best Paper in Track Award

Academy of Finance MBAA International Convention
2018

Outstanding Teaching Award

Department of Finance, Insurance, & Law
2017

Grants and Contracts

University Research Grant
Stella Liao
College of Business. 2020 - 2021

Newspaper, Article

Mergers and the Market for Busy Directors: An International Analysis
Stephen Ferris, Narayan Jayaraman, & Min-Yu Liao
Columbia Law School Blog on Corporations and the Capital Markets, (2018)
Better Directors or Distracted Directors? An International Analysis of Busy Boards
Stephen Ferris, Narayanan Jayaraman, & Min-Yu Liao
Harvard Law School Forum on Corporate Governance and Financial Regulation, (2017)

Presentations

CEO Outside Directorship Experience and Investment Efficiency
Min-Yu Liao
Financial Management Association (FMA), Grapevine, TX, October 18, 2024
CEO Outside Directorship Experience and Investment Efficiency
Md Raihan Uddin Chowdhury, Erik Devos, Min-Yu Liao
Financial Management Association(FMA), Dallas, Texas, October 18, 2024
Cultural, Trust, and Transparency Effects on the Use of Anchoring in Mergers and Acquisitions
Stella Liao
Research Seminar, Taiwan, February, 2023
I’ve Got to Catch a Flight: The Effects of Investor Travel on Earnings Announcement Responses
Stella Liao
COB Research Seminar, Normal, September, 2022
Anchor Pricing in the Global Market for Mergers and Acquisitions
Stella Liao
COB Research Presentations, Normal, September, 2021
An International Analysis of Director Equity Incentives and Earnings Management
Min-Yu Liao
Chicago Illinois, , 2018
Corporate Governance and Delisting: Evidence from Emerging Markets
Min-Yu Liao
Chicago Illinois, , 2018
The Compensation of Busy Directors: An international Analysis
Stephen Ferris, Min-Yu Liao, Chris Tamm
San Antonio Texas, , 2018
The Effect of Countries' Economic Freedom on Firm Performance
Min-Yu Liao
Chicago Illinois, , 2018
The Incidence and Usefulness of Busy Boards: The Global Examination
Min-Yu Liao, Stephen Ferris, Narayanan Jayaraman
Chicago Illinois, , 2017
The Incidence and Usefulness of Busy Boards: The Global Examination
Min-Yu Liao, Stephen Ferris, Narayanan Jayaraman
Las Vegas Nevada, , 2016