Dr Shuxing Yin
Lecturer in Finance
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Shuxing holds a BSc in Finance from Sichuan University (China), a MSc in International Securities and Investment Banking from University of Reading, and a PhD from the University of Manchester. Before joining the School of Management in February 2009, she worked as Senior Lecturer in Finance at University of Hertfordshire. Her previous work experience also includes employment in the Investment Banking Division for Western Securities Company in China.
Teaching
Shuxing is the module leader of a third year undergraduate finance module:
- MGT 321 Corporate Finance
The course covers more advanced topics in corporate finance, such as financing and investment decisions under asymmetric information, valuation techniques for investment appraisal such as real option pricing. Equity financing, hybrid financing, and mergers & acquisitions are discussed. The efficient market hypothesis is challenged and an alternative approach to finance, behavioural finance, is reviewed.
She also co-lectures a second year undergraduate finance module:
- MGT 230 Introduction to Corporate Finance and Asset Pricing
The module builds upon the concepts developed in MGT 212. The module focuses on the more quantitative and advanced aspects of finance and is aimed at those students who intend to specialise in finance.
She is also the module leader of a core module in the MSc Accounting and Finance:
- MGT 6097 Corporate Finance
The purpose of the course is to give a solid foundation in principles of corporate finance and asset pricing to understand and analyse the major issues affecting the financial policies of corporations. More specifically, the following topics will be dealt with: the time value of money, valuation of bond and equity, capital budgeting techniques, risk/return tradeoffs, portfolio theory, capital structure, payout policy, sources of financing and market efficiency.
Research Interests
Shuxing's research interests include corporate finance, corporate governance, market efficiency and anomalies. She has acted as referee for Journal of Corporate Finance, Journal of International Financial Markets, Institutions and Money and British Accounting Review.
She welcomes PhD applicants in the field of corporate finance, particularly focusing on Chinese (mainland and Hong Kong) markets, initial public offerings and market efficiency.
Publications
Yin, S., K. Mazouz, and D. Alrabadi (2011) "Systematic liquidity risk and stock price reaction to shocks: Evidence from London Stock Exchange", Accounting and Finance, forthcoming
Yin, S., K. Mazouz, D. Alrabadi and M. Freeman (2010) "Systematic Liquidity Risk and Asset Pricing: Evidence from London Stock Exchange", International Journal of Banking, Accounting and Finance 2 (4), 387-403.
Yin, S., M. Goergen, and K. Mazouz (2010) "Price and volume effects associated with the expiry of the lock-in agreements: Evidence from the Hong Kong IPO market", Pacific-Basin Finance Journal 18 (5), 442-459.
Yin, S., K. Mazouz, and B,Saadouni (2009) "Offering methods and issuer-oriented underpricing cost: Evidence from the Hong Kong IPO market", Journal of International Financial Markets, Institutions and Money 19 (5), 937-949.
Yin, S., K. Mazouz, and B,Saadouni (2008) "The Long Term Performance of Share-only Versus Unit IPOs: Evidence from the Hong Kong Stock Market", Journal of Multinational Financial Management 18(3), 209-228.
Yin, S., K. Mazouz, and B,Saadouni (2008) "Warrants in IPOs: Evidence from Hong Kong", Pacific-Basin Finance Journal 16(5), 539-554.