Yuhai Xuan

Yuhai Xuan

Dean’s Professor, Finance and Associate Dean, Masters Programs

SB2 409

949.824.5615    Personal website  


PhD, Harvard University
AM, Harvard University

Research Interest

Corporate Finance

Corporate Governance

Behavioral Finance

Yuhai Xuan is Dean's Professor of Finance in The Paul Merage School of Business at the University of California, Irvine, and an Associate Editor of the Journal of Financial and Quantitative Analysis, Management Science, and the Journal of Empirical Finance.  Prior to joining UC Irvine, he served on the faculty of the University of Illinois at Urbana-Champaign (2015–2019) and the Harvard Business School (2006–2015).

Professor Xuan's research focuses on empirical corporate finance, corporate governance, and behavioral finance.  His work has been published in leading academic journals in finance, and has been covered in various media outlets, including Bloomberg, The Economist, the Financial Times, Forbes, The New York Times, Reuters, and The Wall Street Journal.  He has been awarded the 2011 Jensen Prize (First Place Winner) for the best corporate finance paper published in the Journal of Financial Economics, and has presented his work at more than 40 universities and numerous national and international conferences.

Professor Xuan has taught a variety of courses in the MBA, Master of Finance, and Executive Education programs and won multiple teaching awards.  He has been selected to the List of Teachers Ranked as Excellent and earned three consecutive Best Professor awards at Illinois, and has been awarded the Harvard University Certificate of Distinction in Teaching. Additionally, he served as the inaugural Academic Director of the Online MBA program at Illinois and was the recipient of the 2018–2019 Dean's Impact Award for his leadership role in the program.

Professor Xuan holds an AM and a PhD in Business Economics from Harvard University.

Selected Publications, News and Honors


For Professor Xuan’s publications, including download links to his articles and working papers, please visit his personal website

Honors and Awards

  • Management Science Distinguished Service Award, Management Science, 2019
  • Dean’s Professor, The Paul Merage School of Business, University of California, Irvine, 2019–
  • Dean’s Impact Award, Gies College of Business, University of Illinois at Urbana-Champaign, 2018–2019 (awarded State of Illinois Recognition by Senator Scott Bennett of the 100th General Assembly, December 6, 2018)
  • List of Teachers Ranked as Excellent, with “Outstanding” ratings (top 10%), University of Illinois at Urbana-Champaign, 2016–2018
  • Best Professor, voted by the Master of Science in Finance graduating classes of 2016, 2017, and 2018, Gies College of Business, University of Illinois at Urbana-Champaign, 2016–2018
  • CICF Best Paper Award, China International Conference in Finance (CICF), 2018
  • Robert and Karen May Faculty Fellow, Gies College of Business, University of Illinois at Urbana-Champaign, 2016–2019
  • All-Star Paper, for a high number of citations per year since publication, Journal of Financial Economics, 2015
  • Marvin Bower Fellow, Harvard Business School, Harvard University, 2012–2015
  • Jensen Prize, First Place Winner, for the Best Paper in the Areas of Corporate Finance and Organizations, Journal of Financial Economics, 2011
  • Certificate of Distinction in Teaching, Harvard University, 2004, 2005
  • Doctoral Fellowship, Harvard Business School, Harvard University, 2000–2005