Lei Wedge

Lei WedgeLei Wedge
Assistant Professor

Lei Wedge is an assistant professor of finance who teaches corporate finance courses at undergraduate and MBA levels.

Her research focus is corporate governance and investments, with a concentration on the mutual fund industry. Wedge’s research has been cited in popular mainstream publications including The Wall Street Journal and Smart Money, as well as in academic journals such as the Journal of Financial Economics and Journal of Banking and Finance.

Wedge earned her PhD in finance from Georgia Institute of Technology, an MA in finance and international commerce from the University of Kentucky, and a BA in English and finance from Nanjing University. Wedge was granted the CFA (Chartered Financial Analyst) designation in 2006.

room: BSN 3126 | phone: 813.974.6351 | fax: 813.974.3084 | lwedge@usf.edu

Teaching

  • FIN 4414 - Advanced Corporate Finance
  • FIN 6416 - Advanced Financial Management

Current Research

  • “Board Structure, Mergers and Shareholder Wealth: A Study of the Mutual Fund Industry”, Journal of Financial Economics, Vol. 85, No. 2, 2007, 571-598, with Ajay Khorana and Peter Tufano.
  • “Portfolio Manager Ownership and Fund Performance”, Journal of Financial Economics, Vol. 85, No.1, 2007, 179-204, with Ajay Khorana and Henri Servaes.
  • “Managerial Ownership and the Disposition Effect”, Forthcoming at Journal of Banking and Finance, with Richard Fu
  • “Participation Costs in Higher Education Optional Retirement Plans”, Forthcoming at Journal of Investment Management, with Daniel Bradley
  • “Board Structure and Mutual Fund Manager Turnover”, Forthcoming at Financial Review, with Richard Fu
  • “The Impact of Portfolio Manager Ownership on the Pricing of Closed-end Funds”, with Ajay Khorana and Henri Servaes
  • “What’s the Inside Word? Director-Affiliated Stocks in Mutual Funds”, with Tim Burch