Faculty Research - Finance
Developing new insights in finance
Our faculty have diverse expertise within the finance profession, from mergers to corporate governance. Their research within the discipline creates new insights and observations.
Zhongdong (Ronnie) Chen
Ronnie researches in the areas of banking, corporate finance, and empirical assets pricing. One focus of his research is the drivers of the risk-taking behavior in the banking industry. Another focus is the behavior of retail investors and its impact on stock demand and stock returns. Ronnie is currently studying the influence of retail investors on corporate decisions made by managers.
Ryan’s research has spanned a variety of areas in finance. His early work focused on the effectiveness of financial intermediaries, looking primarily at the consequences of hedge fund activism on firm value and the investment value of securities analyst content. More recently, Ryan’s work has been in corporate governance and corporate ESG-related issues. His work is published in top finance journals that include Financial Review, the Journal of Corporate Finance, and the Journal of Financial and Quantitative Analysis. Various media outlets have also covered Ryan’s work, including Institutional Investor, the Columbia Law School Blue Sky Blog, and the Harvard Business Review.
Arun researches in the areas of behavioral finance, corporate finance, empirical asset pricing and real estate. One focus of his research is on the impact of market as well as investor sentiment on asset pricing. Another focus of his research has been the impact of political connections on firm value and executive behavior. Arun is currently studying the long-run and short-run relationship between various assets and the impact of sentiment on various corporate activities.
Brett C. Olsen
Brett's research interests include a broad range of topics, including security issuance, investment and financing decisions, corporate governance, and restructuring. One of his favorite papers is the application of a baseball statistic (Wins Above Replacement) to the C-suite, where he and his coauthors developed the Alpha Above Replacement stat for CEOs of the firm, trying to determine what characteristics of a company's leader bring added return for shareholders.