Finance  

Faculty Profile

Gordon Phillips
Bank of America Professor

Ph.D., Harvard University

4425 Van Munching Hall
Phone: 301-405-0347
E-mail: gphillips@rhsmith.umd.edu
Personal Web site

Gordon Phillips

Gordon Phillips received his MA and PhD from Harvard University and his undergraduate degree from Northwestern University. He is a professor at the University of Maryland and a research associate at the National Bureau of Economic Research (NBER). He also has been a visiting professor at Insead (France) MIT and Duke University.

His areas of research include corporate finance and how financial decisions impact firms' strategic decisions, mergers and acquisitions, and contracting in futures and forward oil markets. His work includes studies of private equity issuance, capital structure, Chapter 11 bankruptcy, and how leverage buyouts and other forms of high debt influence a firms' and rivals' investment decisions.  Recent research published in the Journal of Finance, the Journal of Financial Economics and the Review of Financial Studies has been on real and financial industry booms and busts, on how firms organize across multiple markets and on the gains from mergers and acquisitions.   His research has been supported by three separate grants from the National Science Foundation (NSF).

He has presented keynote addresses to the Brazilian Finance Association, the Norwegian Finance Association and an to audience of executives and finance professionals. He has served or is currently serving as an associate editor at the Annals of Finance, Review of Corporate Finance Studies, Review of Financial Studies, Journal of Corporate Finance and Journal of Financial Research.   He has taught the first-year core MBA finance course, an advanced second year corporate finance course and introductory and advanced PhD courses.  He has also taught executive MBA courses in introductory and advanced finance. He has received the Krowe teaching award (2 times) and also the Wikler teaching award for teaching excellence in the MBA program.