The Department of Finance at Lundquist College of Business comprises respected academics who have strong reputations for research productivity and quality.
The latest rankings from the Journal of Financial Economics through 2014 (1974-2014) rank our Finance department 24th in citations in the ranking of all institutions with authors publishing in the JFE over the life of the journal.
View All Department of Finance Faculty
Vineet Bhagwat presented his paper “Pump it Up? Tweeting to Manage Investor Attention to Earnings News” (coauthored with Tim Burch) at the 2014 American Accounting Association (AAA) Annual Meeting in Atlanta.
Vineet Bhagwat presented his paper “Too Much of a Good Thing: Trust and Analyst Accuracy” (coauthored with Xiaoding Liu) at the 2014 Applied FMA Meeting in New York, NY and the 2014 American Accounting Association (AAA) Annual Meeting in Atlanta.
Vineet Bhagwat's paper “What Doesn’t Kill You Only Makes You More Risk-Loving: Early Disasters and CEO behavior” (coauthored with Gennaro Bernile and Raghavendra Rau) was presented at the 2014 European Finance Association Annual Meeting in Lugano, Switzerland, the 2014 Frontiers in Finance Conference in Banff, Canada, the 2015 Western Finance Association Meetings in Seattle and the 2015 Indian School of Business Summer Conference in Hyderabad, India.
Vineet Bhagwat's paper “What Doesn’t Kill You Only Makes You More Risk-Loving: Early Disasters and CEO behavior” (coauthored with Gennaro Bernile and Raghavendra Rau) was accepted for publication in the Journal of Finance. This paper was also awarded the 2015 Ig Nobel Prize in Management at Harvard University and the 2015 Best Paper Award at the IFABS Annual Meeting in Hangzhou, China.
Vineet Bhagwat's paper “Real Effects of Uncertainty of Merger Activity” (coauthored with Robert Dam and Jarrad Harford) was presented at the 2015 Western Finance Association Meetings in Seattle and the 2015 European Finance Association Meetings in Vienna, Austria.
John Chalmers’ paper with Jonathan Reuter, “How Do Retirees Value Life Annuities? Evidence from Public Employees,” was published in the August 2012 issue of the Review of Financial Studies. This paper is the winner of the 2013 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security.
John Chalmers’ paper with Woodrow Johnson and Jonathan Reuter, “Pension Costs and Retirement Decisions in Plans that Combine DB and DC Elements: Evidence from Oregon,” was published in the August 2014 issue of the Journal of Public Economics, 116, 17-34.
John Chalmers’ paper with Jonathan Reuter, “Is Conflicted Advice Better than No Advice?” was cited in the President’s Council of Economic Advisers, “The Effects of conflicted investment advice on the retirement savings,” February 2015. This paper is under review at The Journal of Finance.
John Chalmers’ co-authored research on retirement issues has resulted in an invitation to testify before the Oregon State Joint Interim Task Force on Oregon Retirement Savings, “Promoting Retirement Savings: What works and why?,” July 15, 2014.
John Chalmers’ co-authored research on retirement issues has resulted in invitations to participate in two roundtable discussions with policy makers:
- Participant in Retirement Security Roundtable, invited by Congresswoman Susan Bonamici and U.S. Secretary of Labor, Tom Perez, Alzheimer’s Association, Portland, OR, August 26, 2015.
- Participant in “Retirement Rountable,” Hosted by Senator Ron Wyden, and Treasurer Wheeler, 8/17/2014.
John Chalmers’ paper with Jay Wang and Steve Liu, “Timely Disclosure and Transaction Costs: Evidence from the Municipal bond market was presented at the 2015 Midwest Finance Association meetings and will be presented at the Pacific Northwest Finance Conference. This paper is also cited in: Governing, “Transparency could save Governments Billions in Borrowing”, March 12, 2015, http://www.governing.com/topics/finance/gov-report-transparency-save-governments-billions-borrowing-costs.html.
John Chalmers, Jay Wang, and Hong Yuan were awarded a grant of approximately $75,000 in funding from the Social Security Administration to conduct research on how to best encourage participants to save more toward retirement in pre-tax savings plans.
John Chalmers was the moderator for the Inaugural Fred P. Thompson Speaker Series in May 2015, where we hosted Professor Joshua Rauh of Stanford University and the Hoover Institute, and Oregon State Treasurer Ted Wheeler to address “The Retirement Crisis.”
Diane Del Guercio’s paper (coauthored with Jonathan Reuter) titled “Mutual Fund Performance and the Incentive to Generate Alpha” was published in August 2014 in the Journal of Finance 69, 1673-1704. This research was cited in the Council of Economic Advisers 2015 report on conflicted investment advice and the Department of Labor’s 2015 report on fiduciary investment advice, The Oregonian (3/1/15), and Bloomberg View (4/15/15).
Diane Del Guercio presented her joint research with Elizabeth Odders-White and Mark Ready titled “The Deterrence Effect of SEC Enforcement Intensity on Illegal Insider Trading: Evidence from Run-up Before News Events” at the Western Finance Association meetings in Seattle, WA in June 2015. This paper was also featured on the Harvard Law Forum on Corporate Governance and Financial Regulation (blogs.law.harvard.edu/corpgov/2013/07/19/)
Diane Del Guercio presented her joint research with Egemen Genc and Hai Tran titled “Playing Favorites: Conflicts of interest in Mutual Fund Management” at University of California Irvine in May 2015. This paper has been accepted to the program of the American Finance Association meetings in January 2016 and won the Best Paper in Analytical Excellence at the Academy of Financial Services meeting in October 2015.
Diane Del Guercio was invited to present her joint research with Tracie Woidtke titled “Do the interests of labor union and public pension fund and activists align with other shareholders’? Evidence from the market for directors” at the Ackerman Chair Corporate Governance Conference at Bar Ilan University in Tel Aviv, Israel in December 2015.
Ro Gutierrez presented his paper “Time Variation in Attention to the Stock Market: Through the Lens of the Media” (coauthored with Charles Gaa) at the European Finance Association meetings in Vienna, Austria in August 2015.
Brandon Julio presented his joint research with Youngsuk Yook titled “Policy Uncertainty, Irreversibility, and Cross-Border Capital Flows” at the 2014 American Economic Association Annual Meeting in Philadelphia, at Michigan State University and at Singapore Management University.
Brandon Julio’s paper “The Effects of Securities Litigation on Corporate Liquidity and Investment Policy,” coauthored with Matteo Arena, was published in the February 2015 issue of the Journal of Financial and Quantitative Analysis.
Brandon Julio presented his paper “The Bright Side of Political Uncertainty: The Case of R&D” (coauthored with Julian Atanassov and Tiecheng Leng) at the Cheung Kong Graduate School of Business and at Peking University.
Brandon Julio presented his paper “Political Turnover, Ownership, and Corporate Investment” (coauthored with Tiecheng Leng) at the 2015 China International Finance Conference (CIFC) in Shenzhen and at the 2015 Financial Management Association annual meeting in Orlando.
Stephen McKeon’s paper titled “CEO Personal Risk-Taking” (coauthored with Matthew Cain) is forthcoming at the Journal of Financial and Quantitative Analysis.
Stephen McKeon presented his paper “Do Takeover Laws Matter? Evidence from Five Decades of Hostile Takeovers” (coauthored with Matthew Cain and Steven Davidoff Solomon) at the 2015 American Finance Association meetings in Boston.
Stephen McKeon’s paper “Intermediation in Private Equity: The Role of Placement Agents” (coauthored with Matthew Cain and Steven Davidoff Solomon) was presented at the 2015 American Finance Association meetings in Boston.
Al Sheen’s paper titled “The Real Product Market Impact of Mergers” was published in the December 2014 Journal of Finance.
Al Sheen presented his paper “The Operational Consequences of Private Equity Buyouts: Evidence from the Restaurant Industry” (coauthored with Shai Bernstein) at the 2014 NBER Productivity, Innovation, and Entrepreneurship meeting, the 2014 Jackson Hole Finance Conference, the 2014 Vanderbilt VC/PE Conference, the 2014 Pacific Northwest Finance Conference, and at Texas Tech in 2015.
Jay Wang’s paper titled “Managed Distribution Policies in Closed-End Funds and Shareholder Activism” (coauthored with Martin Cherkes and Jacob Sagi) was published in the December 2014 issue of the Journal of Financial and Quantitative Analysis.
Jay Wang’s paper titled “Fire Sales and Liquidity Provision in the Corporate Bond Market” (coauthored with Hanjiang Zhang and Xinde Zhang) was presented at the 2015 China International Conference in Finance.
Jay Wang’s paper titled “Timely Disclosure and Transaction Costs: Evidence from the Municipal Bond Market” (coauthored with John Chalmers and Steve Liu) was presented at the 2015 Midwest Finance Association meetings.
Youchang Wu’s paper titled “Mutual Fund Flows and Cross-Fund Learning Within Families” (coauthored with David Brown) has been accepted for publication in the Journal of Finance.
Youchang Wu’s paper titled “Corporate Investment over the Business Cycle” (coauthored with Thomas Dangl) has been accepted for publication in the Review of Finance, and presented at the 2014 American Economic Association meetings.
Youchang Wu’s paper titled “Industry Competition, Winner’s Advantage, and Cash Holdings” (coauthored with Liang Ma and Antonio Mello) was presented at the 2015 European Finance Association meetings, the 2014 SFS Finance Cavalcade, the 2014 Financial Intermediation Research Society meetings, the 2014 China International Conference in Finance, and the 2014 Entrepreneurial Finance and Innovation Conference.
Youchang Wu’s paper titled “Asset Volatility and Financial Policy: Evidence from Corporate Mergers” (coauthored with Oliver Levine) was presented at the Dynamic Corporate Policies and Asset Prices conference in 2015, the 2015 Midwest Finance Association meetings, the 2015 China International Conference in Finance, and the 2015 Northern Finance Association meetings.