Ruoke Yang

Financial Economist, Office of Corporate Finance (DERA)

Education Summary

  • Ph.D. Finance, Columbia Business School, 2019
  • M.S. Financial Mathematics, Stanford University, 2014
  • B.S. Mathematics and Computational Sciences, Stanford University, 2014

Fields of Interest

  • Ratings and rating agencies
  • Portfolio choice and investment decisions
  • Non-bank financial institutions
  • ESG, corporate social responsibility

Financial Economist
Division of Economic and Risk Analysis
U.S. Securities and Exchange Commission
2022–present

  • Yang, Ruoke, 2022, What do we learn from ratings about corporate social responsibility? New evidence of uninformative ratings, Journal of Financial Intermediation (52): 100994.
  • Yang, Ruoke, 2013, When is BitCoin a Security Under U.S. Securities Law? Journal of Technology Law and Policy 18(2): 99-129.
  • Yang, Ruoke, 2013, Could the Virtual Be Similar to the Real? A First Look from an Efficient Markets Perspective, The Quarterly Journal of Finance 3(4): 1-21.
  • Yang, Ruoke, 2012, Virtual World Bots: A Defense for Fair Use, Arizona State Sports and Entertainment Law Journal 2(2): 95-138.
  • Koehler, Matthew, Yang, Ruoke, and Leonard Gray, 2012, Cell-based Volume Integration for Boundary Integral Analysis, International Journal for Numerical Methods in Engineering 90(7): 915–927.

  • Yang, Ruoke, 2022, Socially Responsible Investing in a Free and Democratic Society​, Imperial College.
  • Yang, Ruoke, 2021, Credit Ratings in the Age of Environmental, Social, and Governance (ESG), Imperial College.
  • Yang, Ruoke and Iva Koci, 2020, Socially Conscious Investors Mitigating Stock Market Losses in a Time of Crisis: Evidence from the COVID-19 Crash, Imperial College.
  • Calomiris, Charles, Mamaysky, Harry, and Ruoke Yang, 2019, Measuring the Cost of Regulation: A Text-based Approach, Columbia University.

CONFERENCE ACTIVITIES

  • Paper presentation, 2023, JCF SI Conference on Ownership and Corporate Social and Sustainable Policies
  • Participant, 2023, Stanford Carbon Accounting Roundtable for Policymakers
  • Paper presentation, 2023, Conference for Financial Market Regulation
  • Panelist, 2023, American Accounting Association Conference: The Rise of ESG and the Future of Financial Reporting
  • Paper presentation, 2021, Eastern Finance Association Conference
  • Paper presentation, 2020, Southern Economic Association Conference
  • Discussant, 2020, European Finance Association
  • Discussant, 2019, Adam Smith Junior Conference

OTHER PRESENTATIONS

  • ​U.S. Securities and Exchange Commission, 2021
  • Cato Institute, 2021
  • Imperial College, 2020
  • Columbia University Data Science Institute, 2019
  • Univ. of Illinois at Urbana-Champaign, 2019
  • Univ. of California at Davis, 2019
  • George Washington University, 2019
  • World Bank, 2019
  • Imperial College, 2019
  • New York University, 2018
  • Columbia Business School, 2018
  • University of Reading, 2017
  • Stanford University, 2013
  • Andreessen Horowitz, 2013

Last Reviewed or Updated: June 28, 2024