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Faculty and Staff Profile

Tilan Tang

Assistant Professor of Finance

Office: 336E Sirrine Hall
Phone: 864-656-2337

 Educational Background

Ph.D Finance
Michigan State University 2009

Master Economics
Florida State University 2004

BA Business Adminstration
Shanghai Jiao Tong University 2002

BS Computer Science
Shanghai Jiao Tong University 2002

 Courses Taught

International Finance
Derivative Analysis
Introduction to Finance
Financial Management


Tilan Tang is an Assistant Professor of Finance at Clemson University since 2009. Dr. Tang has once held the position of visiting professor of Finance at University of Georgia in 2013-2014. Since earning her Ph.D. from Michigan State University, Dr. Tang has papers accepted by academic journals such as the Journal of Accounting and Economics and her research has won “the Best Paper in Corporate Finance” in 2013 Eastern Finance Association Annual Conference. Dr. Tang‘s research has also been accepted for presentation at conferences such as European Finance Association Meeting, and Financial Management Association Meeting.

 Research Interests

Mergers and Acquisitions, Executive Compensation, Board Directors, Financial Policies and Product Market Relationships

 Research Publications


“Effects of Managerial Labor Market on Executive Compensation: Evidence from Job-hopping”, with Gao and Luo, Journal of Accounting and Economics 59, 2015, 203-220. §Winner of the Best Paper Award in Corporate Finance at 2013 EFA Conference

“Bidder's Gain: Evidence from Termination Returns”, International Review of Finance 15:4, 2015, 457–487.


“Cash Flow and Product Market Competition: An Empirical Analysis”

“Effect of Horizontal Mergers on Customers: Market Power, Cost Efficiencies, or Bargaining Power”, with Chorniy and Miller (Revise & Resubmit at American Economic Journal: Economic Policy)

“Valuation Effects of REIT Mergers and the Role of Diversification”, with Alexander and Springer (Revise & Resubmit at Journal of Real Estate Research)

"Corporate Governance, Principal Customers, and Firm Value", with Cen and Dasgupta


"The Morning Risk Report: Why Firms Overpay Executives", The Wall Street Journal, March 23,2015 (Gao, Luo and Tang (2015))


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