Kristoph Kleiner
- Associate Professor of Finance
- Daniel C. Smith Faculty Fellowship in Finance
Campus: Bloomington
Biography
I'm an Associate Professor of Finance and Daniel C. Smith Fellow at Indiana University. I have a secondary appointment in the
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I'm an Associate Professor of Finance and Daniel C. Smith Fellow at Indiana University. I have a secondary appointment in the Department of Advanced Business Technologies. I also serve as a visiting scholar with the FDIC and Associate Editor at The Review of Financial Studies. Prior to starting at Indiana University, I completed my PhD at Duke University and interned with the Federal Reserve Bank of New York and the Federal Reserve Board.
I study empirical corporate finance with a focus on (1) debt relief policy and (2) labor and finance. This work has been published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, and Review of Finance. I teach a PhD course called Financing Innovation, Labor, and Households, as well as undergraduate, and MBA courses in Banking, Fintech, Machine Learning, and Artificial Intelligence. In honor of these efforts, I've received recognitions including the Journal of Finance Brattle Prize, Review of Financial Studies Distinguished Referee Award, and Poets and Quants 40 under 40 Best MBA Professors.
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Areas of Expertise
Entrepreneurship & Management, Banking & Household Finance
Academic Degrees
- Ph.D., Duke University, 2014
Professional Experience
- Indiana University, Kelley School of Business: Associate Professor, July 2020-present
- Indiana University, Kelley School of Business: Assistant Professor, July 2014-June 2020
- Visiting Scholar, FDIC, 2018-present
- Dissertation Intern, Federal Reserve Board, 2013
- Dissertation Intern, Federal Reserve Bank of New York, 2012
Awards, Honors & Certificates
- 2025 Poets and Quants 40 under 40 Best MBA Professors
- 2025 Best Discussant Award at the UIC Finance Conference
- 2023 Best Discussant Award at the Mitsui Finance Conference
- 2023 Kelley School of Business Faculty Research Award
- 2023 Brattle Prize Distinguished Paper Award from the Journal of Finance
- 2022 Kelley School of Business Doctoral Program Distinguished Teaching Award
- 2022 Best Paper Award at the University of Texas AIM Conference
- 2022 Best Discussant Award at the Craig Holden Memorial Conference
- 2021 Distinguished Referee Award from the Review of Financial Studies
Selected Publications
- Kleiner, K. and Hüther, N. (2025). Justice Good as Random? The Journal of Finance, in press.
- Hacamo, I., and Kleiner, K. (2024). No Experience Necessary: The Peer Effects of Intended Entrepreneurship. Review of Finance, 28(4), 1311–1344.
- Hacamo, I., and Kleiner, K. (2022). Competing for Talent: Firms, Managers, and Social Networks. Review of Financial Studies, 35(1), 207–253.
- Hacamo, I., and Kleiner, K. (2022). Forced Entrepreneurs. Journal of Finance, 77(1), 49-83.
- Kleiner, K., Stoffman, N., and Yonker, S. (2021). Friends with Bankruptcy Protection Benefits. Journal of Financial Economics, 139(2), 578-605
- Gao, J., Kleiner, K., and Pacelli, J. (2020). Credit and Punishment: Are Corporate Bankers Disciplined for Risk Taking? Review of Financial Studies, 33(12), 5706–5749.
Edited on October 20, 2025
