Dr. Prabhala's research interests include empirical corporate finance and financial econometrics. He has written on several topics including self-selection, event studies, payout policy, executive compensation, financial fraud, mergers and acquisitions, venture capital, and IPOs. His work has been published in the major finance journals including Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. Dr.
Rich Mathews conducts theoretical research in the areas of corporate finance, industrial organization, and corporate governance. In one line of research, he studies the strategic implications of inter-firm relationships such as mergers, alliances, and private trades of minority equity stakes. In another, he studies the corporate governance implications of anonymous trading by hedge funds, large shareholders, and corporate managers.
"Max" Maksimovic is the William A. Longbrake Chair in Finance & Chair of the Department of Finance. His recent research focuses on how a firm's organizational structure affects the flow of resources across its divisions. He has also worked on how competition in high technology industries determines the timing of initial public offerings. Maksimovic is interested in international finance, specifically in how a country's legal and institutional environment influences the financing and investment by firms.
Dilip Madan is Professor of Finance at the Robert H. Smith School of Business. He specializes in Mathematical Finance. Currently he serves as a consultant to Morgan Stanley, Meru Capital and Caspian Capital. He has also consulted with Citigroup, Bloomberg, the FDIC and Wachovia Securities. He is a founding member and Past President of the Bachelier Finance Society. He received the 2006 von Humboldt award in applied mathematics, was the 2007 Risk Magazine Quant of the year, received the 2008 Medal for Science from the University of Bologna and held the 2010 Eurandom Chair.
Professor Loewenstein's research interests include asset pricing, portfolio selection, and employee compensation valuation and design. His recent work focuses on asset pricing when there are limits to arbitrage, portfolio selection when investors face transactions costs, and valuation of employee stock options. His work has appeared in the Journal of Finance, Review of Financial Studies, the Journal of Economic Theory and elsewhere.
Professor Albert S. (Pete) Kyle has been the Charles E. Smith Chair Professor of Finance at the University of Maryland’s Robert H. Smith School of Business since 2006. He earned is B.S. degree in mathematics from Davidson College (summa cum laude, 1974), studied philosophy and economics at Oxford University as a Rhodes Scholar from Texas (Merton College, 1974-1976, and Nuffiled College, 1976-1977), and completed his Ph.D.
Sarah Kroncke brings over 15 years of professional experience to her position as lecturer and advisor to two of our student managed investment funds, the Mayer Fund and Senbet Fund. Prior to joining Smith, she was with Wachovia Securities where she was a Vice President in technology investment banking, focusing on public equity, convertible securities, M&A, and private equity transactions. Prior to Wachovia, she worked in the Equity Private Placements group at Deutsche Bank.
Professor Elinda F. Kiss' primary areas of research include Bank Regulation, Finance and Banking Crises and Fixed Income Securities. She teaches Corporate Finance, Banking, Business Finance and International Finance. Prior to teaching at the Smith School Professor Kiss has served as Associate Professor in the Departments of Finance and Accounting at Rutgers University and as Assistant Professor or Lecturer at the Wharton School, Wellesley College, and Temple University.
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.
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.