Tao Shu

 

Associate Professor of Finance

Terry College of Business,

University of Georgia,

Athens, GA 30602     

taoshu@terry.uga.edu 

Phone: (706)542-3649

 

 

 

Academic Appointments

2013-          Associate Professor of Finance (with tenure)

                  BB&T Scholar in Finance

                   Terry College of Business, University of Georgia

 

2014-2015    Visiting Associate Professor of Finance

                  Hong Kong University of Science and Technology (HKUST)  

 

2007-2013  Assistant Professor of Finance

                   Terry College of Business, University of Georgia

                   

 

 

Education

2003-2007   McCombs School of Business, University of Texas at Austin

                    Ph.D. in Finance

                    Dissertation Committee: Sheridan Titman (Chair), Laura Starks, John Griffin, Lorenzo Garlappi, Stephen Donald 

 

2001-2003   Department of Mathematics, University of Texas at Austin

                    M.S. in Statistics

 

1993-1997   Department of Finance, Zhongnan University of Finance and Economics  (China)

                    B.Econ. in Finance

Curriculum Vitae

 

 

Publications

Nonlocal Disadvantage: A Direct Examination of Social Media Sentiment, with Robert Giannini and Paul Irvine 

Review of Asset Pricing Studies, Forthcoming.

 

Price Impact or Trading Volume: Why is the Amihud (2002) Measure Priced? with Xiaoxia Lou

Review of Financial Studies 2017, 30, 4481-4520.

 

Can Managers Use Discretionary Accruals to Ease Financial Constraints? Evidence from Discretionary Accruals Prior to Investment, with James Linck and Jeffry Netter

Accounting Review 2013, 88, 2117-2143.

 

Institutional Investor Participation and Stock Market Anomalies

Journal of Business Finance and Accounting 2013, 40, 695-718.

 

Local Religious Beliefs and Mutual Fund Risk-Taking Behaviors,  with Johan Sulaeman and P. Eric Yeung 

Management Science 2012, 58, 1779-1796. Lead Article.

 

Examining the Dark Side of Financial Markets: Do Institutions Trade on Information from Investment Bank Connections?  with John Griffin and Selim Topaloglu 

Review of Financial Studies 2012, 25, 2155-2188.

 

Who Drove and Burst the Tech Bubble? with John Griffin, Jeffery Harris, and Selim Topaloglu

Journal of Finance 2011, 66, 1251-1290.

 

Default Risk, Shareholder Advantage, and Stock Returns, with Lorenzo Garlappi, and Hong Yan.

Review of Financial Studies 2008, 21, 2743-2778.

 

 

 

Working Papers  

 

 

Expectation Management in Mergers and Acquisitions, with Jie (Jack) He, Tingting Liu, and Jeffry Netter

Under 3rd round review, Management Science

 

The Convergence and Divergence of Investors’ Opinions around Earnings News: Evidence from a Social Network, with Robert Giannini and Paul Irvine

Under 2nd round review, Journal of Financial Markets

 

Is the Chinese Corporate Anti-Corruption Campaign Authentic? with John Griffin, and Clark Liu

Internet Appendix

 

The Employee Clientele of Corporate Leverage: Evidence from Employee Labor Income Diversification, with Jie (Jack) He and Huang Yang

 

Busy Patent Examiners and Stock Returns, with Xintong Zhan

 

Cost of Bereavement: How Does Parental Loss Affect Mutual Fund Managers? with Johan Sulaeman and P. Eric Yeung

 

 

 

 

Honors:

The Talk of the Town Award, Finance Down Under Conference, 2014

Hugh O. Nourse Outstanding MBA Teacher Award, University of Georgia, 2013

Terry Sanford Research Award, Terry College of Business, University of Georgia, 2013

3rd TCFA Best Paper Award, 2012

Outstanding Undergraduate Teacher in Finance, Alpha Kappa Psi, 2012

Terry Sanford Research Award, Terry College of Business, University of Georgia, 2012

Outstanding Teaching Award, University of Georgia, 2012

Terry Sanford Research Award, Terry College of Business, University of Georgia, 2010, 2011

Outstanding Teaching Award, University of Georgia, 2009

Houston Endowment President's Excellence Scholarship, University of Texas at Austin, 2006

Dean’s Fellowship, McCombs School of Business, University of Texas at Austin, 2004, 2005 

Bonham Fund Fellowship, McCombs School of Business, University of Texas at Austin, 2005.

University Pre-emptive Fellowship, University of Texas at Austin, 2003.

 

 

 

 

News Mentions:

CNN

US News & World Report

Financial Post

Pittsburgh Post Gazette

Barron’s