Finance

John A. Haslem

John A. Haslem, Professor Emeritus of Finance, served as the founding academic affairs dean and founding chair of the finance department. He received the Panhellenic Association's "Outstanding Teacher Award" for his mutual funds course, the first in the curriculum of a school of business

Haslem studied at Duke University, Harvard University, and the University of North Carolina, and he also taught at the University of North Carolina and on the faculty of the University of Wisconsin.

Liu Yang

Liu Yang’s research interests include theoretical and empirical corporate finance in the areas of mergers and acquisitions, corporate restructuring, corporate governance, labor economics and financial institutions. Her recent work on merger waves examines how and why public and private firms act differently during merger waves. She also uses corporate restructuring events to compare the quality of human capital in focused and conglomerate firms and to investigate how female leadership affects the gender wage gap for workers.

Russell Wermers

Russ Wermers is Professor of Finance at the Smith School of Business, University of Maryland at College Park, where he won a campus-wide teaching award during 2005 and a Krowe Teaching Award (within the Smith Business School) during 2013.  His main research interests include studies of the efficiency of securities markets, as well as the role of institutional investors in setting stock prices.

Yajun Wang

Yajun Wang’s research interests include theoretical and empirical asset pricing and market microstructure. Her recent work focuses on understanding the effects of market frictions such as margin requirements, information asymmetry, transaction costs, and imperfect competition on asset prices, market volatility, market illiquidity, and social welfare. Her recent work also examines how risk aversion affects the payoff distribution of an investor’s optimal portfolio in a quite general setting. She received her PhD in Finance from Washington University in St. Louis in 2011.

Stephen Wallenstein

Professor Stephen Wallenstein is a recognized expert in corporate governance and best practices for companies in the US and abroad. He is the Director of the Directors’ Institute at the Robert H. Smith School of Business at the University of Maryland, where he is Professor of the Practice of Finance.

Haluk Ünal

Haluk Ünal is a Professor of Finance, at the Robert H. Smith School of Business, University of Maryland, Special Advisor to the Center for Financial Research of the FDIC, and Senior Fellow at the Wharton Financial Institutions Center. He is also the Managing Editor of the Journal of Financial Services Research.

Alexander J. Triantis

Alex Triantis is dean of the Robert H. Smith School of Business at the University of Maryland. Triantis joined the Smith School in 1995, first as a visiting associate professor, then an associate professor of finance, professor of finance, chair of the finance department and co-founder of the Center for Financial Policy, and now as the eighth dean of the Smith School of Business. Smith is a highly ranked business school with multiple undergraduate, MBA and EMBA rankings in the top 25 of various publications.

Mark Taranto

Professor Taranto is interested in empirical corporate finance. Recent areas of research include the underpricing of initial public offerings, the effect of capital structure on the announcement effects of dividend initiation and secondary equity offerings. His recent paper showing how insiders who have stock options can benefit from IPO underpricing won the Best Paper Award from the Conference on Entrepreneurial Finance and Business Ventures. Professor Taranto has taught at MIT's Sloan School of Management and at the Wharton School at the University of Pennsylvania.

Lemma W. Senbet

Lemma W. Senbet is the William E. Mayer Chair Professor of Finance at the Smith School of the University of Maryland and the founding director of the school's Center for Financial Policy. He is the incoming Executive Director of the African Economic Research Consortium (AERC). Professor Senbet was Chair of the Finance Department, 1998-2006, and his tenure saw rapid transformation of the department into world class.

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