Dr Junhong (John) Yang

Lecturer in Finance

Room: B054
Phone: +44 (0)114 222 3339
Email: Junhong.yang@sheffield.ac.uk

Junhong Yang is a Lecturer in Finance at the Management School. He joined Sheffield in 2015 following the completion of his PhD in Finance from Durham University. He holds an MSc in Finance and Investment from Durham University. He also obtained a BSc and an MSc in Marine Isotope Chemistry, both from Xiamen University (China).


Junhong currently teaches on the following modules in Accounting and Finance

Undergraduate: Corporate Finance (MGT321)

Graduate: International Finance (MGT6117), Corporate Finance (MGT6097) Quantitative Methods for Finance and Accounting (MGT6096), Research Methods for Finance and Accounting (MGT6171)

Research Interests

Corporate finance; Financial Technology; Social Media; Financial Inclusion; Innovations; Mergers and acquisitions; Economic development; Financial Intermediation; The economics of transition in China; Emerging Market Economies; Behavioural Finance; Environmental Economics.

PhD Supervision

Junhong welcomes PhD applications in the areas of his research interests. particularly focusing on Corporate finance, Financial Technology, Social Media, and Innovations

Research grants

  • 2018: The Research Stimulation Funding of Sheffield University Management School: “Brexit and Market attention” (CI; £5,270.00 with A. Tunyi et al.).
  • 2017: Marie Curie Host Fellowship is funded by the European Commission’s Framework 7 Industry-Academia Partnerships Programme (IAPP) grant no. 611259 entitled “Out of the shadows: developing capacities and capabilities for tackling undeclared work in Bulgaria, Croatia and FYR Macedonia” (GREY, the total cost: €1,263,163.11; the fellowship funding, £34,196.81).
  • 2017: The Research Stimulation Funding of Sheffield University Management School: “Innovation, competition and financial constraints” (PI; £5,960.00 with P. Bo, M. Awais, et al.).
  • 2017: Higher Education Funding Council for England (HEFCE) Official Development Assistance (ODA). “Uncovered Equity ‘Disparity’ in Emerging Markets” (HEFCE Newton Fund Award RI350011), (CI; £7706.76, with C. Yan et al.).


Yang, J., Guariglia, A., Guo, J., 2019. To what extent does corporate liquidity affect M&A decisions, method of payment and performance? Evidence from China. Journal of Corporate Finance 54, 128-152

Littlewood, D., Rodgers, P., Yang, J., 2018. ‘The price is different depending on whether you want a receipt or not’: examining the purchasing of goods and services from the informal economy in South-East Europe. The Service Industries Journal 38, 688-707

Guariglia, A., Yang, J., 2016. Adjustment behavior of corporate cash holdings: the China experience. The European Journal of Finance, 1-29

Guariglia, A., Yang, J., 2016. A balancing act: Managing financial constraints and agency costs to minimize investment inefficiency in the Chinese market. Journal of Corporate Finance 36, 111-130

Multimarket Competition and Profitability: Evidence from Ukrainian banking” (with T. Pham, and O. Talavera). Oxford Economics Papers (forthcoming).

Full list of publications