Research Areas
Corporate governance; executive compensation; mergers and acquisitions; behavioral finance
Current Projects
The role of large shareholders in corporate governance; Optimal executive compensation schemes; The relationship between firm value and takeover vulnerability; The pricing of intangibles by the stock market
Representative Publications
(with D. Garcia and O. Norli)
“Sports Sentiment and Stock Returns.” Journal of Finance 62(4) (2007).
“Blockholder Trading, Market Efficiency, and Managerial Myopia.” Journal of Finance (forthcoming).
(with X. Gabaix and A. Landier)
“A Multiplicative Model of Optimal CEO Incentives in Market Equilibrium." Review of Financial Studies (forthcoming).
(with G. Manso)
“Governance Through Exit and Voice: A Theory of Multiple Blockholders.” (working paper, 2008)
(with X. Gabaix)
“Tractability and Detail-Neutrality in Incentive Contracting.” working paper, 2008.
Education
PhD, Massachusetts Institute of Technology, 2007; BA, University of Oxford, 2001
Career and Recent Professional Awards; Teaching Awards
Distinguished Referee Award, Review of Financial Studies, 2009; Finalist, Smith-Breeden Prize for Best Paper in the Journal of Finance, 2007; Moskowitz Prize for Best Paper in Socially Responsible Investing, 2007; Wharton MBA Core Teaching Award, 2008, 2009; Wharton MBA Core Curriculum Award (“Goes Above and Beyond the Call of Duty”), 2008, 2009; Wharton MBA Core Curriculum Award (“Tough, But We’ll Thank You In Five Years”), 2009; MIT Graduate Teaching Award, 2007; MIT Sloan Outstanding Teaching Assistant of the Year, 2005
Academic Positions Held
Wharton: 2007-present
Other Positions
Summer Associate, Morgan Stanley Fixed Income, 2004; Financial Analyst, Morgan Stanley Investment Banking, 2001-03
