非常抱歉，
你要访问的页面不存在，
非常抱歉，
你要访问的页面不存在，
非常抱歉，
你要访问的页面不存在，
验证码：
职称:Chair
所属学校:Arizona State University-Tempe
所属院系:Finance
所属专业:Finance, General
联系方式:480-965-6300
Education Ph.D., University of Pittsburgh, 2000; B.A., Guilford College, 1991 Research Areas Mergers and Acquisitions; Corporate Governance; and Corporate Liquidity and Cash Holdings Current Projects “Why Has the Value of Corporate Cash Holdings Increased Over Time,” with Jianxin Chi, and Ching-Hung Chang "Why Do Good Takeover Bids Fail? Managerial Bargaining or Bad Faith," with David Becher. “Target CEO Career Incentives and Takeover Bids,” with Robert Parrino and QingQing Wu “Analysts and Corporate Liquidity Policy,” with Ching-Hung Chang and Laura Lindsey Academic Positions Arizona State University: 2009-present. Previous Appointments: University of Arizona, University of Delaware, University of Western Ontario Career and Professional Awards Dean's Council of 100 Scholar, 2009-present; McCoy-Rogers Fellow, Eller College of Management, 2008; Scrivner Teaching and Service Award, 2008 Professional Leadership and Service Panelist member, Arizona Public Media (PBS, NPR), Mid-Year Economic Report, "Is there light at the end of the tunnel?" June 29, 2009; cited in the New York Times article, "The Forever War," August 18, 2008. Ad hoc referee: Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Law, Economics and Organization Executive Education Courses Delivered Previously Managerial Finance, Financial Structure and Valuation, Mathematics for Finance, Capital Structure, Corporate Cash Policy Representative Publications "Why Do U.S. Firms Hold so Much More Cash than They Used To?" with Kathleen Kahle and Rene Stulz, Journal of Finance, 2009, 64(5), 1985-2021. "Board Classification and Managerial Entrenchment: Evidence from the Market for Corporate Control," with David Becher and Michael Lemmon, Journal of Financial Economics, 2008, 87, 656-677. "Shareholder Welfare and Bid Negotiation in Freeze-Out Deals: Are Minority Shareholders Left Out in the Cold?" with Michael Lemmon and James Linck, Journal of Financial Economics, 2006, 81, 681-708.
ASU is a tier 1 research university and W. P. Carey is proud of its strong tradition of teaching and classroom excellence. Our students directly benefit from the research and theories our faculty brings into the classroom. Below is a list of courses being taught during the current semester by this faculty member. Click a course to view it in the ASU course catalog. FIN 499 - Individualized Instruction Provides an opportunity for original study or investigation in the major or field of specialization on an individual and more autonomous basis. Neither a substitute for a catalog course nor a means of taking a catalog course on an individual basis. Requires application well in advance of regular registration with the student's advisor, the advisor's signature, and approval by both the instructor with whom the student will work and the chair of the department offering the course. FIN 590 - Reading and Conference Independent study in which a student meets regularly with a faculty member to discuss assignments. Course may include such assignments as intensive reading in a specialized area, writing a synthesis of literature on a specified topic, or writing a literature review of a topic. FIN 599 - Thesis Supervised research focused on preparation of thesis, including literature review, research, data collection and analysis, and writing. FIN 795 - Continuing Registration Used in situations where registration is necessary but where credit is not needed. Replaces arbitrary enrollment in reading and conference, research, thesis, dissertation, etc. Used by students when taking comprehensive examinations, defending theses or dissertations, or fulfilling the continuous enrollment requirement in doctoral programs. Credit is not awarded, and no grade is assigned.
