Assistant Professor of Finance
Yale School of Management

165 Whitney Avenue
New Haven, CT 06511-3729

Phone: +1 (203) 436-4687
E-mail: song.ma@yale.edu

Curriculum Vitae
Google Scholar

Research Interests

Primary: Corporate Finance, Entrepreneurial Finance, Innovation, Big Data
Secondary: Behavioral Finance, Education, Law and Economics, Antitrust

Working Papers

• “Killer Acquisitions,” with Colleen Cunningham and Florian Ederer, 2019, Revise and Resubmit, Journal of Political Economy
  

  • Charles River Associates Award for the Best Paper on Corporate Finance, WFA

  • Mark A. Satterthwaite Award for Outstanding Research in Healthcare Markets

  • Sumantra Ghoshal Research and Practice Award, AOM Strategic Management

  • Academy of Management Annual Meeting Best Paper

• “Payout Taxation and Corporate Investment: The Agency Channel,” 2019, Revise and Resubmit, Review of Finance
  

• “Selling Innovation in Bankruptcy,” with Joy Tianjiao Tong and Wei Wang, 2019
  

  • Insight Grants, Social Sciences and Humanities Research Council, Government of Canada

• “Young Firms, Old Capital,” with Justin Murfin and Ryan Pratt, 2020
  

• “Human Interactions and Financial Investment: A Video-Based Approach,” with Allen Hu, 2020
  

• “Private Equity and Financial Stability: Evidence from Failed Bank Resolution in the Crisis,” with Emily Johnston-Ross and Manju Puri, 2020
  

Preliminary

• “The Education-Innovation Gap,” with Barbara Biasi, 2020
  

Publications

• “The Life Cycle of Corporate Venture Capital,” 2020, Review of Financial Studies, 33 (1), 358-394 [Online Appendix]
  

  • AQR Top Finance Graduate Award

  • Yihong Xia Best Paper Award, China International Conference in Finance

  • Coller Institute of Venture Research Award, Runner-up

  • PhD Outstanding Paper Award in Honor of Stuart I. Greenbaum

• “How Does Hedge Fund Activism Reshape Corporate Innovation,” with Alon Brav, Wei Jiang, and Xuan Tian, 2018, Journal of Financial Economics, 130 (2), 237-264 [Online Appendix]
  

  • Journal of Financial Economics Best Corporate Finance Paper Award (Jensen Prize)

  • Best Paper Award, John L. Weinberg Center Corporate Governance Symposium

  • IRRC Institute Research Award, Honorable Mention

• “Firm Age, Investment Opportunities, and Job Creation,” with Manuel Adelino and David Robinson, 2017, Journal of Finance, 72 (3), 999-1038 [Online Appendix] [Data Appendix]
  

  • Best Paper Award, Red Rock Finance Conference

Useful Links

• WEFI: Workshop on Entrepreneurial Finance and Innovation

  • A bi-weekly, virtual workshop featuring research in entrepreneurial finance and innovation

  • Co-organizers: Michael Ewens, Yael Hochberg, and David Robinson