Professor of Finance
Boston College, Carroll School of Management
Catching Outliers: Committee Voting and the Limits of Consensus when Financing Innovation (with Ramana Nanda, Matthew Rhodes-Kropf, and Savitar Sundaresan), February 2023, revise and resubmit, Journal of Finance.
Asymmetric Information and Security Design under Knightian Uncertainty (with Anton Tsoy), March 2023, revise and resubmit, Journal of Finance.
Charles River Associates Award for Best Paper on Corporate Finance, WFA 2022.
2022 ECGI Finance Prize for Best Paper in the ECGI Finance Working Paper Series.
CICF Best Paper Award, 2022.
Burridge Center Award for Best Paper at 2022 Colorado Finance Summit.
Reputation, Contract Renegotiation and Price Rigidity (with Rajkamal Iyer and Antoinette Schoar), September 2017.
Corporate Governance Implications of the Growth in Indexing (with Alon Brav and Nadya Malenko), Oxford Research Encyclopedia of Economics and Finance, forthcoming. (CLS Blue Sky Blog)
Advising the Management: A Theory of Shareholder Engagement (with Ali Kakhbod, Uliana Loginova, and Nadya Malenko), Review of Financial Studies 36(4): 1319-1363, April 2023. (Online Appendix)
Lead article and Editor's choice article.
Strategic Decisions in Takeover Auctions: Recent Developments (with B. Espen Eckbo and Karin S. Thorburn), Annual Review of Financial Economics, 12: 237-276, 2020.
Proxy Advisory Firms: The Economics of Selling Information to Voters (with Nadya Malenko), Journal of Finance, 74(5): 2441-2490, October 2019. (Summary for the SEC, Online Appendix)
2019 Journal of Finance Brattle Group Prize for Distinguished Paper in Corporate Finance.
The Timing and Method of Payment in Mergers When Acquirers are Financially Constrained (with Alexander S. Gorbenko), Review of Financial Studies 31(10): 3937-3978, October 2018. (Online Appendix)
Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment (with Steven R. Grenadier and Nadya Malenko), American Economic Review 106(9): 2552-2581, September 2016. (Online Appendix)
A Theory of LBO Activity Based on Repeated Debt-Equity Conflicts (with Nadya Malenko), Journal of Financial Economics 117(3): 607-627, September 2015. (Online Appendix)
Strategic and Financial Bidders in Takeover Auctions (with Alexander S. Gorbenko), Journal of Finance 69(6): 2513-2555, December 2014. (Online Appendix)
Investment Busts, Reputation, and the Temptation to Blend in with the Crowd (with Steven R. Grenadier and Ilya A. Strebulaev), Journal of Financial Economics 111(1): 137-157, January 2014.
Real Options Signaling Games with Applications to Corporate Finance (with Steven R. Grenadier), Review of Financial Studies 24(12): 3993-4036, December 2011.
A Bayesian Approach to Real Options: The Case of Distinguishing between Temporary and Permanent Shocks (with Steven R. Grenadier), Journal of Finance 65(5): 1949-1986, October 2010. (Online Appendix)