The Robert Bendheim Chair Professor in Economics
and Financial Policy
Professor of Finance and Area Chair
Finance and Business Economics
Co-Director of the Center for Research in Contemporary Finance
Joined Fordham: 2001
Martino Hall, Room 607
New York, NY 10023
Email: [email protected]
An Yan is the Robert Bendheim Chair Professor in Economics and Financial Policy and area chair at the Gabelli School of Business. Professor Yan is also the director of the Doctor of Professional Studies in Business program in collaboration with Peking University’s National School of Development, and co-director of the Center for Research in Contemporary Finance.
Professor Yan received his undergraduate degree from Tsinghua University, China, and his Ph.D. in finance from Boston College. His main research interest is in theoretical and empirical corporate finance. He has published his research in the Journal of Financial Economics, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis and other significant academic outlets.
- Ph.D.: Boston College
- Master's: Boston College
- Bachelor's: Tsinghua University, China
- Corporate Restructuring
- Initial Public Offerings
- Corporate Social Responsibility
- Behavior Finance
- Capital Structure
- “A Theory of Corporate Spin-offs” (with Thomas Chemmanur), Journal of Financial Economics, 2004, 72, 259-290.
- “Leasing and Debt Financing: Substitutes or Complements?” Journal of Financial and Quantitative Analysis, 2006, 41, 709-731.
- “Value of Conglomerates and Capital Market Conditions,” Financial Management, 2006, 35, 5-28, Lead article.
- “Using Innovative Securities under Asymmetric Information: Why do Some Firms Pay with Contingent Value Rights?” (with Sris Chatterjee), Journal of Financial and Quantitative Analysis, 2008, 63, 1001–1036.
- “Product Market Advertising and New Security Issues” (with Thomas Chemmanur), Journal of Financial Economics, 2009, 92, 40-65.
- “A Theory of Contractual Provisions in Leasing” (with Thomas Chemmanur and Yawen Jiao), Journal of Financial Intermediation, 2010, 19, 116-142.
- “Internal Capital Markets under Various Capital Market Conditions” (with Zaihui Yang and Jie Jiao), Journal of Banking and Finance, 2010, 34, 103–115.
- “Convertible Securities in Merger Transactions” (with John Finnerty and Jie Jiao), Journal of Banking and Finance, 2012, 36, 275-289.
- “Takeovers and Divergence of Investor Opinion” (with Sris Chatterjee and Kose John), Review of Financial Studies, 2012, 25, 227-277.
- “Valuing Financial Assets with Liquidity Discount: An Implication to Basel III” (with Ren-raw Chen, William Filonuk, Dilip Patro), Journal of Fixed Income, 2013, 22, 45-63.
- “The Diversification Effect on the Heterogeneity of Investor Beliefs” (with Jie Jiao and Bin Qiu), Journal of Banking and Finance, 2013, 37, 3435-3453.
- “A Theory of Mandatory Convertibles?” (with Thomas Chemmanur, Debarshi Nandy, and Jie Jiao) Journal of Banking and Finance, 2014, 42, 352-370.
- “Product Market Advertising, Heterogeneous Beliefs, and the Long-Run Performance of Initial Public Offerings” (with Thomas Chemmanur) Journal of Corporate Finance, 46, 2017, 1-24.
- “Advertising, Attention, and Stock Returns,” (with Thomas Chemmnur), Quarterly Journal of Finance, 9, 2019, 1-51.
- “Firm Social Networks, Trust, and Security Issuances,” (with Ming Fang, Iftekhar Hasan, Zeru Sharma), European Journal of Finance, 2021, 27.
- “Enterprise Feedback Management (EFM): What Lies Beyond the Hype?” (with Lerzan Aksoy, Sabine Benoit, Shreekant Joag, Jay Kandampully, Timothy Keningham), Journal of Service Management, 2021, 32, 53-69.
- “Stock Liquidity, Empire Building, and Valuation,” (with Sris Chatterjee, Iftekhar Hasan, Kose John), Journal of Corporate Finance, 2021, 70.