Dr. David Kass has published articles in corporate finance, industrial organization, and health economics. He currently teaches Advanced Financial Management and Business Finance, and is the Faculty Champion for the Sophomore Wall Street Fellows. Prior to joining the faculty of the Smith School in 2004, he held senior positions with the Federal Government (Federal Trade Commission, General Accounting Office, Department of Defense, and the Bureau of Economic Analysis). Dr.
Professor Kadyrzhanova's research interests are in corporate finance, with a focus on mergers and acquisitions and corporate governance. Her research to date focuses on understanding corporate governance mechanisms and their impact on firm value, with an emphasis on the role of product markets. She is currently studying peer effects in corporate governance and the role of institutional investors in the merger wave of the late 90s. Professor Kadyrzhanova's teaching interests include corporate finance, mergers and acquisitions, and corporate governance.
Gerard Hoberg's research interests include corporate finance, security issuance, payout policy, industrial organization, and empirical asset pricing. His recent work in IPOs examines the role of the underwriter and the role of prospectus disclosure in IPO pricing. His recent work on product markets examines the role of competition in industry booms, merger decisions, payout policy, and industry formation.
Steve Heston graduated with a BS double major in Mathematics and Economics from the University of Maryland, College Park in 1983. He attended the Graduate School of Industrial Administration and earned an MBA in 1985 followed by a PhD in Finance in 1990. He has held previous faculty positions at Yale, Columbia, Washington University, and the University of Auckland in New Zealand. He has worked in the private sector with Goldman Sachs in Fixed Income Arbitrage and in Asset Management Quantitative Equities.
Karen Hallows is a fulltime lecturer in the finance department at the Robert H. Smith School of Business at the University of Maryland since August of 2011. She currently teaches business finance in the undergraduate program and will be conducting two short term study abroad programs to Chile and Nicaragua in 2015. She has published in academic and trade journals in the areas of the economics of education, financial management education, and international business education. Currently, her research is focusing on case writing in financial management.
Laurent Frésard is an Assistant Professor of Finance at the Robert H. Smith School of Business at the University of Maryland. His research interests are mainly in empirical corporate finance, with a focus on the interactions between product market competition and corporate policies, and the determinants and consequences of international cross-listings. His work has recently been published the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, and Review of Finance. Professor Frésard’s teaching interests include corporate finance, and valuation.
Michael Faulkender’s research focuses on empirical corporate finance in the areas of capital structure, risk management, corporate liquidity, and executive compensation. His work has been published in theJournal of Finance, Journal of Financial Economics, and Review of Financial Studies and has been cited in the Wall Street Journal, Washington Post, and The New York Times.
Professor Bakshi's research interests include asset pricing, international finance, term structure of interest rates, default risk, and pricing of derivative securities. His works have been published in theAmerican Economic Review, Journal of Business, Journal of Finance, Journal of Financial Economics, Management Science, Journal of Financial and Quantitative Analysis, and Review of Financial Studies. His recent work focuses on studying the valuation structures of technology stocks, risk premiums, investor irrationality, probability of stock market crashes, and credit risks.