Steven Wu
Professor in Finance
- Area
- School of ManagementFaculty of Mgmt, Law & Social Sciences
- Phone

Biography
Prof. Yuliang (Steven) joined the University of Bradford in 2015. He previously held a lectureship at Queens University Belfast. His research interests include asset pricing, corporate finance, and SME finance. His research has been recognized by funding bodies and prestigious academic journals. In particular, he has been awarded research grants by the Qatar National Research Fund and the Banking and Payment Federation Ireland. He has published research papers in the Journal of Corporate Finance, Journal of Banking and Finance, Journal of Future Markets, British Accounting Review, Financial Review, among others. He welcomes potential PhD students, who have research interests in the areas of asset pricing or corporate finance.
1. Jin, H, Mazouz, K., Wu, Y., and Xu, B. 2023, Can star analysts make superior coverage decisions in poor information environment? Journal of Banking and Finance, 146, 106650
2. Mazouz, K., Wu, Y., Ebrahim, R. and Sharma, A., 2023, Dividend policy, systematic liquidity risk, and the cost of equity capital, Review of Quantitative Finance and Accounting, forthcoming
3. Harrison, R., Li, Y., Vigne, S., and Wu, Y., 2022, Why do small businesses have difficulty in accessing bank financing? International Review of Financial Analysis, 84, 10352
4. K. Mazouz and Y. Wu, 2022, Why do firm fundamentals predict stock returns? Evidence from short selling, International Review of Financial Analysis, 79, p.101974
5. H.J. Tsai, Y. Wu and B. Xu, 2021, Does capital market drive corporate investment efficiency? Evidence from equity lending supply, Journal of Corporate Finance, 102042
6. Q. Ye, Y. Wu and J. Liu, 2019, Institutional preferences, demand shocks, and the distress anomaly, British Accounting Review, 51, 72-91
7. D. Zhang, Y. Wu, Q. Ye and J. Liu, 2019, Do seasoned offerings improve the performance of issuing firms? Evidence from China, International Review of Financial Analysis, 64, 104-123
8. T. Hsieh, Y. Li, D. McKillop and Y. Wu, 2018, Liquidity skewness in the London Stock Exchange, International Review of Financial Analysis, 56, 11-18
9. J. Liu, Y. Wu and M. Uddin, 2018, Capital market and corporate misbehaviour, China Finance Review International, 8 (2), 118-121
10. Y. Wu and K. Mazouz, 2016, Long-term industry reversals, Journal of Banking and Finance, 68, 236-250
11. D. French, Y. Wu and Y. Li, 2016, Identifying the relative importance of stock characteristics in the UK market, Journal of Multinational Financial Management, 34, 80-91
12. K. Mazouz., Y. Wu. and S. Yin, 2015 Trading activity in options and stocks around price sensitive news announcements, Journal of Futures Markets, 35(12), 1173-1194
13. Y. Wu and M. Bowe, 2012, Information disclosure and depositor discipline in the Chinese banking sector, Journal of International Financial Markets, Institutions and Money, 855-878
14. Y. Wu, Y. Li and P. Hamill, 2012, Do low-priced stocks drive long-term contrarian performance on the London Stock Exchange, Financial Review 501-530
15. Y. Wu and Y. Li, 2011, Long-Term Return Reversals -Value and Growth or Tax? UK Evidence, Journal of International Financial Markets, Institutions, and Money, 347-368
16. Y. Wu and M. Bowe, 2010, Information Disclosure, Market Discipline and the Management of Bank Capital: Evidence from the Chinese Financial Sector, Journal of Financial Services Research, 38, 159-186
Research
Yuliangs main research interests are market efficiency, Chinese stock markets and banking risk management.
Teaching
Corporate Finance, Financial Markets, and Investment, and Mergers and Acquisitions.
Modules
- Corporate Finance - AFE7513-A
- Finance and Accounting for Managers - AFE4015-B
- Financial Management - AFE5011-B
Publications
Editorial (1)
Guest Editiorial: Capital market and corporate misbehaviour
Liu, J.; Wu, Yuliang; Uddin, M. (2018)
Peer reviewed journal (15)
Can star analysts make superior coverage decisions in poor information environment?
Jing Han; Khelifa Mazouz; Yuliang Wu; Bing Xu (2022) Journal of Banking and Finance. Unknown
Dividend policy, systematic liquidity risk, and the cost of equity capital
Yuliang Wu (2022) Review of Quantitative Finance and Accounting. Nil
Why do small businesses have difficulty in accessing bank financing?
Richard Harrison, Youwei Li, Samuel Vigne and Yuliang Wu (2022) International Review of Financial Analysis. 84
Does capital market drive corporate investment efficiency? Evidence from equity lending supply
Hsin-Ju Tsai, Yuliang Wu and Bin Xu (2021) Journal of Corporate Finance. 69
Why do firm fundamentals predict returns? Evidence from short selling activity
Yuliang Wu; Khelifa Mazouz (2021) International Review of Financial Analysis. Nil
Institutional preferences, demand shocks and the distress anomaly
Ye, Q.; Wu, Yuliang; Liu, J. (2019)
Do seasoned offerings improve the performance of issuing firms? Evidence from China
Zhang, D.; Wu, Yuliang; Ye, Q.; Liu, J. (2019)
Liquidity skewness in the London Stock Exchange
Hsieh, T-H.; Li, Y.; McKillop, D.G.; Wu, Yuliang (2018)
Long-Term Industry Reversals
Wu, Yuliang; Mazouz, Khelifa (2016)
Identifying the relative importance of stock characteristics
French D.;Wu Y.;Li Y. (2016) Journal of Multinational Financial Management. 34, 80-91.
Trading activity in options and stock around price-sensitive announcements
Mazouz, Khelifa; Wu, Yuliang; Yin, S. (2015)
Information disclosure and depositor discipline in the Chinese banking sector
Wu Y.;Bowe M. (2012) Journal of International Financial Markets, Institutions and Money. 22, 855-878.
Do Low-Priced Stocks Drive Long-Term Contrarian Performance on the London Stock Exchange?
Wu Y.;Li Y.;Hamill P. (2012) Financial Review. 47, 501-530.
Long-term return reversals-Value and growth or tax? UK evidence
Wu Y.;Li Y. (2011) Journal of International Financial Markets, Institutions and Money. 21, 347-368.
Information Disclosure, Market Discipline and the Management of Bank Capital: Evidence from the Chinese Financial Sector
Wu Y.;Bowe M. (2010) Journal of Financial Services Research. 38, 159-186.