Julie Wu

Associate Professor of Finance Finance University of Nebraska-Lincoln

Address: HLH 425T
Lincoln NE 68588-0490
Phone: 402-472-2330 On-campus 2-2330
Email: juliewu@unl.edu
Website: Personal Website
Website: SSRN

Dr. Julie Wu earned her Ph.D. in Finance from Mays Business School at Texas A&M University. She comes to College of Business from the University of Georgia, where she was an assistant professor of finance in the Terry College of Business.

Dr. Wu is interested in what affects information processing in the financial market and its implications on corporate decisions. She has published in Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Review of Finance, Contemporary Accounting Research, Journal of Financial Markets, Journal of Corporate Finance, Journal of Banking and Finance, among others. She and her co-author received first prize in the Spängler-IQAM award for the Best Investments Paper for "What do short sellers know?" in 2021 and runner-up prize for the Review of Financial Studies Michael J. Brennan Best Paper Award for "Short selling and the price discovery process" in 2014.

Education

Ph.D., Finance, Texas A&M University

Areas of Expertise

Capital markets
Short selling
Market microstructure
ESG

CliftonStrengths ®

Learner
Analytical
Responsibility

Scholarship

Selected Publications

Standing out from the crowd via CSR engagement: Evidence from non-fundamental-driven price pressure, with L. Gao and J. He, 2024 Journal of Financial and Quantitative Analysis 59: 39-67.
How Do Stronger Creditor Rights Impact Corporate Acquisition Activity and Quality?, With M. Rainville and E. Unlu, 2022, Journal of Banking and Finance 144, 106625
Longs, Shorts, and the Cross-Section of Stock Returns, with P. Nezafet, T. Shen, and Q. Wang, 2022, Journal of Banking and Finance 138, 106410.
Algorithmic Trading and Market Quality: International Evidence, with E. Boehmer and K. Fong, 2021, Journal of Financial and Quantitative Analysis 56: 2659 - 2688.
Institutional Allocations in the Primary Market for Corporate Bonds, with S. Nikolova and L. Wang, 2020, Journal of Financial Economics 137: 470-490.
What Do Short Sellers Know?, with E. Boehmer, C. Jones, and X. Zhang, 2020 Review of Finance 24, 1203-1235.
- First prize in the Spängler-IQAM award for the Best Investments Paper in Review of Finance, 2021
Short Selling and Market Anomalies, with A. Zhang, 2019, Journal of Financial Markets, 46.
Vote Avoidance and Shareholder Voting in Mergers and Acquisitions, with K. Li and T. Liu, 2018, Review of Financial Studies 31: 3176-3211.
Earnings Attribution and Information Transfers, with D. Koo and E. Yeung, 2017, Contemporary Accounting Research 34: 1547–1579.
Equity Short Selling and Bond Downgrades, with T. Henry and D. Kisgen, 2015, Journal of Financial Intermediation 24:89-111.
Merger Arbitrage Short Selling and Price Pressure, with T. Liu, 2014, Journal of Corporate Finance 27: 36-54.
High Short Interest Effect and Aggregate Volatility Risk, with A. Barinov, 2014, Journal of Financial Markets 21: 98-122.
Short Selling and the Price Discovery Process, with E. Boehmer, 2013, Review of Financial Studies 26: 287-322. [Lead article]
- Runner Up prize for the Review of Financial Studies Michael J. Brennan Best Paper Award, 2014

Courses

Graduate Courses

Finance seminar (PhD)

Undergraduate Courses

Investment Principles (Undergraduate)

Service

Associate Editor, The Financial Review, 2023 - Present
Discussant, Northern Finance Association, 2023
Discussant, Financial Management Association, 2021, 2020, 2012
Discussant, China International Conference in Finance, 2021
Program Committee, Dayton Summer Finance Workshop 2020
Discussant, SFS Cavalcade North America, 2019
Program Committee, Midwest Finance Association, 2019, 2008
Program Committee, Financial Management Association, 2020, 2019
Discussant, Fixed Income and Financial Institutions Conference 2017
External grant proposal reviewer for the Research Grants Council of Hong Kong, 2016, 2015, 2013
Discussant, Vanderbilt Conference on Institutional Investors and Price Efficiency, 2013
Discussant, NBER Microstructure meeting, 2008

Noteworthy

Selected Awards

Distinguished Teaching Award Nomination, College of Business, UNL, 2024
Distinguished Research Award, College of Business, UNL, 2023
Semifinalist for Best Paper Award at the FMA, 2022
First prize in the Spängler-IQAM award for the Best Investments Paper in Review of Finance, 2021
Distinguished Research Award, College of Business, UNL, 2019
Runner Up prize for the Review of Financial Studies Michael J. Brennan Best Paper Award, 2014

Selected Media Coverage

Spear’s Magazine (4/27/2021) “Three reasons why we need short sellers” by Anna Soloman (https://spearswms.com/short-sellers-three-reasons/)
The Street (2/21/2021) “How to Short Stocks the Right Way” by Doug Kass (https://www.thestreet.com/investing/when-short-selling-is-done-right)
Safkhet Capital Management letter to German regulators featured in Business Insider (2019) (https://www.businessinsider.com/fahmi-quadir-posts-takedown-of-germanys…)
Harvard Law School Forum on Corporate Governance and Financial Regulation (2017) (https://corpgov.law.harvard.edu/?s=corporate+goodness)
Harvard Law School Forum on Corporate Governance and Financial Regulation (2016) (https://corpgov.law.harvard.edu/2016/09/20/shareholder-approval-in-ma/)
New Yorker (2015) (https://www.newyorker.com/magazine/2015/05/18/new-ways-to-crash-the-mar…)