Professor Beardsley researches market microstructure and the implication of market microstructure on asset pricing and investment. She also focuses on electronic communication networks, exchange traded funds and mutual funds.

Beardsley became a professor because she cherishes the “creativity involved in research and I love teaching!” she said.  She especially enjoys SIU because of her esteemed colleagues in the College of Business.  Beardsley teaches Finance 331, 341 and 433.

A native of northeastern China, Beardsley was born and raised in the city of Anshan in Liaoning Province. She earned a bachelor’s degree from Tsinghua University in Beijing in 1997 and a doctorate from The Pennsylvania State University in 2003.

RESEARCH INTERESTS

• Market microsturcture and the implication of market microstructure on asset pricing and investment
• Electronic communication networks
• Exchange traded funds
• Mutual funds

PUBLICATIONS

“Liquidity commonality and return co-movement”, with Ian Domowitz and Oliver Hansch, Journal of Financial Markets 8 (2005), page351-376, lead article.

“Order Placement Strategies in a Pure Limit Order Book Market”, with Charles Cao and Oliver Hansch, Journal of Financial Research 31-2 (Summer 2008), page113-140.

“Decomposing Liquidity along the Limit Order Book”, with David Rakowski, Journal of Banking and Finance 32-8 (August 2008), page1687-1698.

“The Informational Content of an Open Limit Order Book”, with Charles Cao and Oliver Hansch, Journal of Futures Markets 29-1 (January 2009), page 16-41.

“CEO Successor Compensation: Outside vs. Inside Successions“ with Wallace Davidson III, and Eahab Elsaid, Forthcoming, Journal of Management and Governance.

“The Dynamics of Short-term Mutual Fund Flows and Returns: A Time-series and Cross-sectional Investigation“, with David Rakowski, Accepted, Journal of Banking and Finance.

AWARDS

Morgan Stanley Equity Market Microstructure Research Grant (with Charles Cao and Oliver Hansch), 2004

SIU faculty seed grant, 2004

Honor Roll, College of Business 'Undergraduate Teacher of the Year', SIUC, 2007-08