Dean's Council of 100 Distinguished Scholar
Ph.D., Georgetown University; M.A., Economics, Georgetown University; M.A., Russian Area Studies, Georgetown University; B.A., Sweet Briar College
Banking; Corporate Governance; and Private Equity
“An Analysis of Non-Corporate Secondary Offerings”
“Divestitures of Corporate Block Holdings”
“Secondary Buyouts versus Private Equity Exits: Success or Failure?”
Arizona State University: 1984-present. Previous appointments: Georgia Institute of Technology, Boston University, University of Georgia
Career and Professional Awards; Teaching Awards
The Sir Edward Youde Memorial Fund Visiting Professorship, Hong Kong, 2008; Dean's Council of 100, Distinguished Scholar
Professional Leadership and Service
Ad Hoc Reviewer: Journal of Finance, American Economic Review, Journal of Banking and Finance, Journal of Economic History; Second Paris Corporate Finance Spring Conference Program Committee, 2010; First Paris Corporate Finance Spring Conference Program Committee, 2009; FMA Annual Meeting Program Committee, 2006.
Corporate and Public Sector Leadership
Economist, Board of Governors of the Federal Reserve System, Division of Research and Statistics, 1970-1976; Associate Researcher, RAND Corporation, 1969-1970
“Large Shareholder Diversification, Corporate Risk Taking, and the Benefits of Changing to Differential Voting Rights,” with S. Bauguess and M. Slovin, Journal of Banking and Finance, Vol. 36, No. 4, (April 2012), 1244-1253.
"Equity or Cash? The Signal Sent by the Way You Pay," with U. Hege, Harvard Business Review, 87 (5), May 2009.
"Equity and Cash in Intercorporate Asset Sales: Theory and Evidence," U. Hege, S. Lovo, and M. Slovin, Review of Financial Studies, 22 (2), February 2009, 681-714.
"Analyzing Joint Ventures as Corporate Control Activities," with M. Slovin and T. Mantecon, Journal of Banking and Finance, 31 (8), August 2007, 2365-2382.