Sara Xiaoya Ding

Sara Xiaoya Ding

Assistant Professor

Assistant Professor Sara Xiaoya Ding joined USF in 2011 as specialist in the fields of international finance and corporate governance. Her research and teaching span both the U.S. and Chinese markets and explore financial decision making in multinational firms, capital budgeting and analysis of foreign investments, tax, accounting, international markets, foreign currency hedging, working capital management, and financial control systems.

Dr. Ding’s recent work investigates the advantages of foreign vs. local ownership and management of business, as well as when and if the state should intervene. She believes this discussion is especially relevant to students studying in a city like San Francisco, given the West Coast’s ever-increasing interaction and investment in businesses based on the Pacific Rim, and vice versa. Professor Ding has presented her work at a number of prestigious academic conferences around the world.


Ph.D., Finance and Economics, Queen's University, Kingston, Ontario, Canada, 2011
M.A., Economics, University of Guelph, Ontario, Canada
Master in Finance, Nankai University, China
Bachelor in Finance, Nankai University, China

Courses Offered
  • The following courses represent the last 3 years of teaching and do not represent the current course offerings.
  • BUS 305: Financial Management
  • BUS 430: International Financial Management -

The following list is a selection of recent publications and does not represent the entire body of research.

"Where Do Local and Foreign Investors Lose Their Edge? The Mediating Role of State Ownership in Shaping Their Relative Informational Advantage," 2010 (with O. Guedhami, Y. Ni and J. Pittman)

"Corporate Payout Policy and Change in Housing Prices," 2011 (with K. John, Y. Ni and S. Saadi)  

Honors and Awards

Geoffrey Wood Scholarship, 2008

D.I. McLeod Fellowship, 2005 - 2008

Richard Hand Graduate Bursary, 2007 


Graduate of the Teaching Matters Program, Centre for Teaching and Learning, Queen's University, Ontario, Canada, 2010

Graduate of the Teaching and Learning in Management and Business Program, Queen's School of Business, Ontario, Canada, 2005

Sarah Ding, University of San Francisco School of Management