Danjue Shang
Associate Professor
Department(s):- Economics and Finance
Education
PhD, Finance, University of Arizona, 2016
MS, Mathematics, University of Florida, 2011
MA, Econometrics, Renmin University of China, 2009
BS, Mathematics, East China Normal University, 2007
Awards
Economics & Finance Department Mentor of the Year - 2021
Biography
Dr. Danjue Shang is an Associate Professor of Finance in the Jon M. Huntsman School of Business at Utah State University. She earned her PhD in Finance at the University of Arizona in 2016, and currently teaches Fundamentals of Finance and Derivatives Markets to undergraduate and graduate students. Her research interests include empirical asset pricing, investment, derivatives markets, and international finance. Her work has been published at reputable finance journals such as the Journal of Banking & Finance, Journal of Financial Research, and Journal of International Financial Markets, Institutions, and Money, among others. In 2021, she was recognized as the “Undergraduate Mentor of the Year” in the Department of Economics and Finance. She and her coauthor, Travis Box, were honored with the "2021 Best Paper Award" by the Journal of Financial Research.
Journal Articles
Academic Journal
- Shang, D., (2025). Does the world need more traditional energy? A comparative analysis of ESG activities, free cash flow, and capital market implications. International Review of Financial Analysis
- Shang, D., Fu, C., (2024). CSR Disclosure, Political Risk and Market Quality: Evidence from the Russia-Ukraine Conflict. Global Finance Journal
- Shang, D., (2023). COVID Lockdown, Robinhood Traders, and Liquidity in Stock and Option Markets . International Review of Financial Analysis
- Griffith, T., Shang, D., (2023). Cryptocurrency Regulation and Market Quality . International Financial Markets, Institutions & Money
- Shang, D., (2022). Tax Avoidance Regulations and Stock Market Responses. International Financial Markets, Institutions & Money, 77, 101483.
- Box, T., Shang, D., (2021). Information Driven Stock Price Comovement. Journal of Financial Research
- Griffith, T., Roseman, B., Shang, D., (2020). The effects of an increase in equity tick size on stock and option transaction costs. Journal of Banking and Finance, 114
- Cardella, E., Kalcheva, I., Shang, D., (2018). Financial Markets and Genetic Variation. Journal of International Financial Markets, Institutions, and Money
- Shang, D., Kuzmenko, ., Uryasev, S., (2016). Cash flow matching with risks controlled by buffered probability of exceedance and conditional value-at-risk. Annals of Operations Research
Book Chapters
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.