Professor Yung specializes in security issuance, IPOs, venture capital, and the theory of innovation. His research explores the role of underwriters and insiders in initial public offerings, as well as the structural and informational frictions in the venture capital industry. He has taught corporate finance and investments across all levels from undergraduate to doctoral programs.

His work has been published in leading finance journals, including Journal of Financial Economics; The Review of Financial Studies; Journal of Financial and Quantitative Analysis; Management Science; and Review of Finance. He received both the Graham and Dodd Award of Excellence and the Readers’ Choice Award from CFA Institute for his practitioner-oriented article, “The Misuse of Expected Returns.” His 2024 article “Is News Really News? The Effects of Selective Disclosure Regulations” received the IQAM Best Paper Award for the best investment paper published in Review of Finance.