Finance

Recent Highlights

  • Our department is reinventing itself, adding 11 new research faculty members in the last five years. This makes for one of the youngest and most energetic departments among peer schools. As a consequence, the Department of Finance is at the forefront of new techniques and new research.
  • The dynamism and collegiality of the finance research group generates a stimulating and creative research environment. The group has an unrelenting commitment to be among the best research departments and to develop students who will become significant leaders in the profession.

Areas of Faculty Research

One of the key strengths of our faculty is our breadth of expertise, offering students the opportunity to work with faculty in numerous domains, such as:

  • asset pricing
  • banking and financial intermediation
  • corporate finance
  • corporate governance
  • derivative securities
  • entrepreneurship
  • executive compensation
  • household finance
  • investment and portfolio management
  • labor economics
  • liquidity
  • market microstructure
  • mergers and acquisitions
  • political economy and finance
  • private equity
  • real estate finance
  • risk management
  • venture capital

Our faculty are leaders in their areas of expertise, serving as associate editors and on the editorial review board for leading journals, including:

  • Journal of Banking and Finance
  • Journal of Entrepreneurial Finance and Business Ventures
  • Journal of Financial Markets
  • Journal of Financial Services Research
  • Journal of Money, Credit, and Banking
  • Management Science
  • Review of Finance
  • Review of Financial Studies

Lee, Jung Hoon, Charles Trzcinka, Shyam Venkatesan (2018). “Do Portfolio Manager Contracts Contract Portfolio Management?” Journal of Financehttps://ssrn.com/abstract=2844962

Beneish, Daniel, C. Marshall, J. Yang (2017). “Explaining CEO Retention in Misreporting Firms.” Journal of Financial Economics, Volume 123, Issue 3, pp: 512-535.

Borisov, A., E., E. Goldman, N. Gupta (2016). “The Corporate Value of (Corrupt) Lobbying.” Review of Financial Studies, Volume 29, Issue 4, pp: 1039-1071.

Cornaggia, J., Mao, Y., Tian, X., and Wolfe, B. (2015). "Does Banking Competition Affect Innovation?" Journal of Financial Economics, 115 (1): 189-209.

My colleagues are doing top research both in my own field and across others. Their insights are incredibly useful to my own work. The intellectual vibrance of Kelley sets it apart.Dr. Matt Billett, Professor of Finance