A full vita is available here.
Stephen M. Ross School of Business, University of Michigan
Michael R. and Mary Kay Hallman Fellow, 2012 - present
Associate Professor (with tenure), Finance Department, 2009 – present
Assistant Professor, Finance Department
Kelley School of Business, Indiana University
Assistant Professor, Finance Department
University of North Carolina, Chapel Hill, NC: Ph.D. in Finance, 2000
Indiana University, Bloomington, IN: B.S. Finance and Bus Econ, 1992
The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation (with Kenneth Ahern), 2011 Quarterly Journal of Economics, forthcoming.
It Pays to Follow the Leader: Acquiring Targets Picked by Private Equity (with Di Li and Amrita Nain), 2011 Journal of Financial and Quantitative Analysis, forthcoming.
Why do firms use private equity to opt out of public markets, (with Sreedhar Bharath), 2010, Review of Financial Studies 23(5) 1772-1818 (lead article).
The Timing of Financing Decisions: An Examination of the Correlation in Financing Waves (with Robert Dittmar), 2008, Journal of Financial Economics 90, 59-83.
Corporate Cash Policy and How to Manage it with Stock Repurchases, 2008, Journal of Applied Corporate Finance 20 (3).
Corporate Governance and the Value of Cash Holdings (with Jan Mahrt-Smith), 2007, Journal of Financial Economics 83, 599-634.
Why Do Firms Issue Equity? (with Anjan Thakor), 2007, Journal of Finance 62, 1-54 (lead article)
Corporate Governance, Incentives, and Industry Consolidations (with Keith Brown and Henri Servaes), 2005 Review of Financial Studies 18, 1.
Capital Structure in Corporate Spin-offs, 2004, Journal of Business 77, 9-43.
Divestitures and Divisional Investment Policies (with Anil Shivdasani), 2003, Journal of Finance 58, 2711-2743.
International Corporate Governance and Corporate Cash Holdings (with Jan Mahrt-Smith and Henri Servaes), 2003 Journal of Financial and Quantitative Analysis 38, 111-134.
Why do Firms Repurchase Stock?, 2000, Journal of Business 73, 331 – 355, Reprinted in Recent Developments in Corporate Finance, 2005, Edward Elgar Publishers, ed. Jay Ritter.
Review of Concentrated Corporate Ownership, 2002, ed. Randall Morck, Journal of Finance 57
Looking in the Rear View Mirror: The Effect of Managers’ Professional Experience on Corporate Cash Holdings , previously entitled The Concentration of Cash: Cash Policies of the Richest Firms (with Ran Duchin)
The Dynamics of Cash (with Ran Duchin)
Does Capital Market Myopia Affect Plant Productivity? Evidence from “going private” Transactions (with Sreedhar Bharath and Jagadeesh Sivadasan)
Can Managers Time the Market? – Evidence Using Repurchase Price Data stock (with Laura Field)
Stock Repurchase Waves: an explanation of the trends in aggregate corporate payout policy (with Robert Dittmar)
SELECTED PROFESSIONAL ACTIVITIES
Associate Editor Journal of Financial Economics, 2011-present
Councilor Society of Financial Studies, 2012-present
Academic Director Financial Management Association, 2011-present
Nominating Committee American Finance Association
Nominating Committee Finance Management Association
Fellows Committee Finance Management Association
Program Committee Western Finance Association Conference
Program Committee American Finance Association Conference
Program Committee European Finance Association Conference
Program Committee Financial Management Association Conference
Program Committee SFS Cavalcade Finance Conference
Panelist Assistant Professor Breakfast Financial Management Association
Panelist Female Professor Breakfast Financial Management Association
HONORS, AWARDS, GRANTS, and FELLOWSHIPS
Best Paper LECG Award for Best Paper in Corporate Finance at EFA Conference 2007
Finalist for the Brattle Prize for best paper in corporate finance in the Journal of Finance in 2007
Best Paper FMA European Conference 2001
NTT Research Award (buyout ½ teaching load), 2009
NTT Research Award ($2,000), 2007
NTT Research Award ($5,000), 2006
Stephen M. Ross School of Business Research Grant ($20,000), 2005
Stephen M. Ross School of Business Department Research Grant ($2,000), 2003
Ford Research Grant Allocation ($5,000), 2001
Kenan-Flagler Business School Dean’s Fellowship, 1998-1999