Fei Leng, Ph.D., CFA, FRM

Associate Professor ; Graduate Faculty

Specialty: Finance

Leng, Fei

Contact information

Dept: Milgard School of Business
Room: DOU 306
Phone: 253-692-5688
Email: fleng@uw.edu


  • Ph.D., University of Tennessee, Knoxville, 2006.
  • M.A., Economics, University of Tennessee, Knoxville, 2004.
  • M.A., Finance, University of International Business and Economics, Beijing, 2001.
  • B.A., International Trade, Dongbei University of Finance and Economics, Dalian, 1997.


Fei Leng earned his Ph.D. in Finance from University of Tennessee in 2006. He is a finance faculty member at University of Washington Tacoma. His research interests include corporate governance, bankruptcy, stock market anomalies, and fixed-income securities. He teaches corporate finance, investments, derivatives, and portfolio management at the undergraduate and MBA levels. He is a CFA charterholder and FRM Certified.


Corporate Finance and Investments

Selected Publications

  • Corporate Governance and Default Risk of Firms Cited in the SEC's Accounting and Auditing Enforcement Releases, with Ehsan Feroz, Sergio Davalos and Zhiyan Cao. Review of Quantitative Finance and Accounting, forthcoming.
  • Minimum Maturity Rules: The Cost of Selling Bonds before their Time, with Darrin DeCosta and Gregory Noronha, Financial Analysts Journal, 2013, Vol. 69, No. 3, 45-56.
  • Information and Long-Term Stock Performance Following Open-Market Share Repurchase, with Gregory Noronha, Financial Review, 2013, Vol. 48, No. 3, 461-487.
  • The Long-Term Performance and Failure Risk of Firms Cited in the US SECs Accounting and Auditing Enforcement Releases, with Ehsan Feroz, Sergio Davalos and Zhiyan Cao, Journal of Business Finance and Accounting, 2011, Vol. 38, No. 7-8, 813-841.
  • Pay-performance Sensitivity in a heterogeneous Managerial Labor Market, with Hui Chen, Journal of Management Accounting Research, 2004, Vol.16, 16-33.

Current Research

  • Bankruptcy
  • Share repurchases
  • Corporate bonds


  • American Finance Association
  • Financial Management Association
  • CFA Institute
  • Global Association of Risk Professionals