Yixin Liu

Phone: (603) 862-3357
Office: Accounting & Finance, Paul College Rm 355F, Durham, NH 03824
Yixin Liu

Dr. Yixin Liu is a Professor of Finance at Peter T. Paul College of Business and Economics at UNH. She earned her Ph.D. from the University of Iowa. Dr. Liu's primary research area is corporate finance. Her research focuses on issues in capital structure, cash policy and corporate governance. Dr. Liu has published in numerous finance journals such as the Journal of Financial Economics, Journal of Corporate Finance, Journal of Banking & Finance and Journal of Business, Finance and Accounting.


  • Ph.D., Finance, University of Iowa
  • M.S., Economics, Southern Illinois University
  • B.A., Economics, Nankai University

Research Interests

  • Finance

Courses Taught

  • ACFI 701: Financial Policy
  • ACFI 801: Corporate Finance
  • ACFI 873: Cases in Finance
  • ACFI 874: Finance Experience
  • ADMN 829: Corporate Financial Strategy
  • PAUL 695: Independent Study

Selected Publications

Qi, W., Jiraporn, P., & Liu, Y. (2024). How do industry tournament incentives affect firm debt maturity?. Research in International Business and Finance, 67, 102081. doi:10.1016/j.ribaf.2023.102081

Liu, Y., Liu, Y., & Wei, Z. (2022). Property rights protection, financial constraint, and capital structure choices: Evidence from a Chinese natural experiment. Journal of Corporate Finance, 73, 102167. doi:10.1016/j.jcorpfin.2022.102167

Liu, Y., Wan, H., & Zhang, Y. (2021). Labor unemployment insurance and accounting conservatism. Review of Financial Economics, 39(3), 232-253. doi:10.1002/rfe.1114

Bao, M. X., Billett, M. T., & Liu, Y. (2020). Customer–Supplier Relationships and Abnormal Accruals. Review of Pacific Basin Financial Markets and Policies, 23(04), 2050027. doi:10.1142/s0219091520500277

Liu, Y., Mauer, D. C., & Zhang, Y. (2018). The hedging benefits of industrial and global diversification: Evidence from economic downturns. Journal of Business Finance & Accounting, 45(9-10), 1322-1351. doi:10.1111/jbfa.12354

Liu, Y., Mauer, D. C., & Zhang, Y. (2014). Firm cash holdings and CEO inside debt. Journal of Banking & Finance, 42, 83-100. doi:10.1016/j.jbankfin.2014.01.031

Jiraporn, P., Chintrakarn, P., & Liu, Y. (2012). Capital Structure, CEO Dominance, and Corporate Performance. Journal of Financial Services Research, 42(3), 139-158. doi:10.1007/s10693-011-0109-8

Liu, Y., & Mauer, D. C. (2011). Corporate cash holdings and CEO compensation incentives. Journal of Financial Economics, 102(1), 183-198. doi:10.1016/j.jfineco.2011.05.008

Liu, Y., & Jiraporn, P. (2010). The effect of CEO power on bond ratings and yields. Journal of Empirical Finance, 17(4), 744-762. doi:10.1016/j.jempfin.2010.03.003

Liu, Y., Ning, Y., & Davidson, W. N. (2010). Earnings Management Surrounding New Debt Issues. Financial Review, 45(3), 659-681. doi:10.1111/j.1540-6288.2010.00265.x

Most Cited Publications