Wei-Ling Song

Wei-Ling Song

J.P. Morgan Chase/Chuck McCoy Distinguished Professor in Finance #2
Associate Professor, Department of Finance
2921 Business Education Complex North
501 South Quad Drive
Baton Rouge, LA 70803
Email: wsong@lsu.edu
Phone: 225-578-6258
Fax: 225-578-6366

Biographical Summary

Wei-Ling Song has been a member of the E.J. Ourso College of Business at Louisiana State University since 2005 and a research fellow of Wharton Financial Institutions Center since 2003. Professor Song's research focuses on how information asymmetry shapes the behavior of players in the financial markets and the roles of these participants in the financial systems. She is interested in the empirical testing of self-selection, signaling, and moral hazard - the games that agents play in the area of finance. Her work on underwriting syndicate formation won the 2002 FMA Competitive Paper Awards in the area of Financial Institutions. She has published articles in the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and Journal of Corporate Finance. Professor Song taught at Drexel University from 1999 to 2005. Her teaching responsibility includes Fundamentals of Financial Analysis, Risk Management, and Financial Institutions and Markets in the MBA Program. She also taught Seminar in Finance, Introduction to Finance, and Financial Management at the undergraduate level. Professor Song has a B.A. in Agricultural Chemistry from National Taiwan University, an M.S. in Food Science, specializing in sensory evaluation and wine, from the University of California, Davis, an MBA in Finance, and an M.A. in Economics and a Ph.D. in Finance from Michigan State University. Prior to attending graduate schools in U.S., Professor Song worked as a TV program hostess and executive producer in Taiwan.

Education

  • Ph D Finance, Michigan State University
  • BS Agricultural Chemistry, National Taiwan University
  • MS Food Science, University of California, Davis
  • MBA Finance, Michigan State University
  • MA Ecomonics, Michigan State University

Awards

  • Best Paper, Midwest Finance Association, 2015
  • Research Excellence Award, E. J. Ourso College of Business, Louisiana State University, 2012
  • Wharton Financial Institutions Center, 2012
  • Best paper, 2009 NTU International Conference on Economics, Finance, and Accounting, Taipei, Taiwan, 2009
  • Financial Management Association, 2002

Interests

  • Teaching Interests: Corporate Finance, Risk Management, Financial Markets and Institutions, Investments
  • Research Interests: Financial Intermediation and Institutions, Corporate Finance and Governance

Selected Research Publications

  • Song, W. and Shivdasani, A. (2011). Breaking Down the Barriers: Competition, Syndicate Structure, and Underwriting Incentives. Journal of Financial Economics, 99, 581-600.
  • Song, W. (2004). Competition and Coalition among Underwriters: The Decision to Join a Syndicate. Journal of Finance, 59, 2421-2444.
  • Song, W. and Szewczyk, S. H. (2003). Does Coordinated Institutional Investor Activism Reverse the Fortune of Underperforming Firms?'. Journal of Financial and Quantitative Analysis, 38, 317-336.

Presentations

  • Chen, J., Sanger, G. C., and Song, W. (2013, November). The Relationship Insurance Role of Financial Conglomerates:. Presented at Southern Finance Association sponsored by Southern Finance Association, Fajardo, Puerto Rico.

Working Papers

  • 2014-Do Institutional Investors Know Banks Better: Evidence from Institutional Trading Surrounding the 2008 Financial Crisis

Employed by LSU since

August 15, 2005