Biography:

Yulong Ma is a Professor of Finance in the Department of Finance and Law at California State University, Long Beach.  Since joined the faculty of the College of Business Administration in 1997, Dr. Ma has been teaching both undergraduate and MBA courses, primarily in the area of Financial Management. His teaching experience also includes undergraduate and graduate business courses in International Finance, Bank Management, Portfolio Management, Investment, Business Forecasting, and the Principles of Economics and Financial Institutions, etc. Professor Ma received his Ph.D. in Finance from University of Houston and his MBA in Finance from University of Hawaii at Manoa. He earned his undergraduate degree, B.S. in Electrical Engineering, from Xi'an University of Electronic Science and Technology, China. He also received additional teaching and research training through the Summer Institute In Finance Program at University of Chicago, taught by professors from both University of Chicago and UCLA.

Dr. Ma's academic and business interests include Corporate Finance, Banking and Financial Institutions, Investments, and International Trade and Finance. He has published 17 research papers in 15 different academic journals and numerous articles in the conference proceedings of annual academic meetings. He has also been serving on the Board of Reviewers for Journal of Business Research since May 2001. He has also appeared on on the “Money Watch” Program on Channel 18 (KSCI). Over the years, Dr. Ma has provided consulting services in the areas of Business Valuation, Corporate Governance, Mergers and Acquisitions, and Portfolio Management.

Publications:

[1]     “Do Insiders Circumvent Insider Trading Regulations? The Case of Stock Repurchases,” co-authored with R. Richardson Pettit and Jia He, Review of Quantitative Finance and Accounting 7 (1), 1996, pp. 81-96. 

[2]     “Insider Trading Behavior Prior To Corporate Announcements In A Sequential Game Framework,” Journal of Business and Behavioral Sciences 3 (1), Fall 1997, pp. 117-136.

 [3]     “Where Should The Line Be Drawn On Insider Trading Ethics?”  co-authored with H.L. Sun, Journal of Business Ethics 17 (1), January 1998, pp. 67-55.

 [4]     “Executive Compensation Structure and Stock Performance: The Effect of Industry and Time,” co-authored with Zhenhu Jin, Journal of the Academy of Business Administration 3 (1), Spring 1998, pp. 27-37.

 [5]     “Global Trade Deficit vs. Bilateral Trade Deficit: The Case Between U.S. and China,” co-authored with Mohammad Robbani, World Competition 21 (5), September 1998, pp. 127-138.

 [6]     “Transparency in Chinese Stocks: A Study of Earnings Forecasts by Professional Analysts,” co-authored with James Ang, Pacific-Basin Finance Journal 7 (2), 1999, pp. 129-155.

 [7]     “An Empirical Examination of An Emerging Market's Mutual Fund Performance,” co-authored with C. Janie Chang, Hui-Mei Tsai, and Jasmine Yur-Austin, Journal of Accounting and Finance Research 7 (2), Fall 1999, pp. 72-82. 

[8]     “Insider Trading Around Stock Split Announcements,” co-authored with Huey-Lian Sun and Jasmine Yur-Austin, Journal of Applied Business Research 16 (3), Summer 2000, pp.13-25.

 [9]     “The Behavior of Financial Analysts during the Asian Financial Crisis in Indonesia, Korea, Malaysia, and Thailand,” co-authored with James Ang, Pacific-Basin Finance Journal 9 (3), June 2001, pp. 233-263.

 [10]   “Insider Trading Behavior Prior to Chapter 11 Bankruptcy Announcements,” Journal of Business Research 54 (1), October 2001, pp. 63-70.

 [11]   “The Intrastate Deregulation and Operating Performance of Trucking Firms,” co-authored with Alex P. Tang, American Business Review 20 (1), January 2002, pp. 33-42.

[12]   “The Stock Return Effect of Political-Risk on Foreign Joint Ventures: Evidence from the Tiananmen Square Incident," with Huey-Lian Sun and Alex P. Tang, Global Finance Journal 14 (1), May, 2003, pp. 49-64..

[13]   “Cross-Cultural Influence on Brand Identity Impressions: KFC in China and the United States,” with Terrence H. Witkowski and Dan Zheng, Asia Pacific Journal of Marketing and Logistics 15 (1/2), 2003, pp. 74-88.

[14]   “Variance-Ratio Test of International Efficiency of Latin Markets: Additional Evidence,” with Tanweer Hasan and Palani-Rajan Kadapakkam,  Latin American Business Review 4 (2), December, 2003, pp. 37-53.

 [15]   “Academic Synergy in the Age of Technology: A New Instructional Paradigm,” with Lowell Runyon, Journal of Education for Business 79 (6), July/August, 2004, pp. 367-371

[16]   “The Valuation Effect of Government’s Merger Challenges: Evidence from a Regulated Industry,” with Huey-Lian Sun and Alex Tang, Quarterly Journal of Business and Economics 43 (1/2), Winter/Spring, 2004, pp. 3-20.

[17]   “The Stock Price Overreaction Effect: Evidence on NASDAQ Stocks,” with Alex Tang and Tanweer Hasan, forthcoming the Quarterly Journal of Business and Economics 44 (3&4), Summer, 2005, pp. 113-127.

 [18]  “Analysts’ Earnings Coverage and Non-Reporting Bias during the Asian Financial Crisis,” with James Ang and Alex P. Tang, Global Business and Finance Review 12 (2), 2007, pp. 1-15.

 [19]  “Do Insiders Have Inside Tracks: An Examination of Wall Street Journal’s Inside Track Columns?” with Huey-Lian Sun and Alex P. Tang, International Review of Business and Finance, forthcoming.

“Do Insiders Have Inside Tracks: An Examination of Wall Street Journal's ‘Inside Track’ Columns?” with Huey-Lian Sun and Alex P. Tang, Abstract Proceedings of the 2005 34^th Western Decision Science Institute Annual Meeting, Vancouver, Canada, March 22-26, 2005.

“Stock Market Overreaction: The Case of Daily Winners and Losers,” The Proceedings of the 2002Annual Meeting of the American Academy of Accounting and Finance Conference, New Orleans, Louisiana, December 5-7, 2002.

“Technology Enhanced And Resource Shared Teaching And Learning: A New Instructional Model,” with Lowell Runyon, The Proceedings of the 2002 International Applied Business Research Conference, Puerto Vallarta, Mexico, March 14-19, 2002.

“Cultural Influences on Brand Identity Impressions:  KFC in China and the United States,” with Terry Witkowski and Dan Zheng, The Proceedings of the 8th Cross Cultural Research Conference, Oahu, Hawaii, December 12-15, 2001.

“Does Price Pressure Explain Return and Trading Volume Volatility When Firms Are Added or Deleted from the S&P 500 Index?” co-authored with Jasmine Yur-Austin, The Proceedings of the 2001 International Applied Business Research Conference.

“Finance Pedagogy-Using Internet Information to Conduct Empirical Model Tests: Jensen Alpha Estimation for Various Industries,” co-authored with Jasmine Yur-Austin, Janie Chang, and Hui-Mei Tsai, The Proceedings of the 2001 International Business Education & Technology Conference.

“Examination of Price Volatility When Brokerage Firms Initiated Downgrade Recommendation,”  with Jasmine Yur-Austin and Peter Ammermann, The Proceedings of the 2000 Decision Science Institute Annual Meeting.

“The Return and Volume Effects of Political-Risk Event on Foreign Joint Ventures: Evidence from the Tiananmen Square Incidence,”  with Huey-Lian Sun and Alex P. Tang, Book of Abstracts of the 2000 Twelfth Annual PACAP/FMA Finance Conference.

“Impacts of Deregulation on the Performance of Trucking Firms,”  with Alex P. Tang, Proceedings of the 2000 National Conference of the Academy of Business Administration.

“Stock Reactions to Coverage Initiations by Brokerage Firms,”  with Jasmine Yur-Austin, Proceedings of the 2000 National Conference of the Academy of Business Administration.

"The Effect of DJIA Futures and Options Trading on the Underlying Stocks,” with  Mohammad Robbani, The Proceedings of the 1999 Southwest Finance Association Annual Meeting.

“The Behavior of Financial Analysts During the Asian Financial Crisis in Indonesia, Korea, Malaysia, and Thailand,” with James Ang, The Abstract Book of the 1999 Eleventh Annual PACAP/FMA Finance Conference.

“An Empirical Examination of An Emerging Market's Mutual Fund Performance,” with C. Janie Chang, Hui-Mei Tsai, and Jasmine Yur-Austin, The Proceedings of the 1998 American Academy of Accounting and Finance Conference.

“A Study of the Earnings Forecasts by Professional Analysts of Chinese Stocks,” with James Ang, The Abstract Book of the 1997 Nineth Annual PACAP/FMA Finance Conference.

“Stock Returns and Real Economic Activity: An Empirical Analysis,” with Zhenhu Jin, The  Conference Proceedings of the 1997 American Society of Business & Behavioral Science.

“Insider Trading Around Stock Split Announcements,” with Huey-Lian Sun, The Proceedings of  the 1997 Academy Economics and Finance Conference.

“The Growing Role Of China In International Trade: The Opportunity And Challenge For U.S.,”  with E. Rahimian, The Conference Proceedings of the 1995 Alabama Academy of Science.

Executive Compensation Structure and Stock Performance: The Effect of Industry and Time,  with Zhenhu Jin,   Global Business Trends: Contemporary Readings, Edited by David L.  Moore, Academy of Business Administration, 1998, pp.1-8.

Personal Interests & Hobbies:

Tennis

Tennis is one of my favorite sports. I have played in the USTA league for two years. My ranking is 4.0.

Photograph

I like taking pictures. It is like a graphical record of history. This site will take you to PBase site, one of the top photography websites. Photography Review is another wonderful website.

Investing

This link will take you to a list of important financial web sites like brokerage firms, stock exchanges, financial news, the top 50 financial sites recommended by Money Magazine.

Culture

This link will take you to the cultural properties on the World Heritage List for culture values.

 

   Great Wall              Guilin              HuangShan          YiHeYuan           Terracotta            LuShan         Forbidden City