Todd Gormley
Professor of Finance; Area Chair; Academic Director of GMF
Area of Expertise:
Econometrics, Law and Economics, Corporate Finance, Corporate Governance, Finance/Investments, Financial Economics, Banking and Financial Institutions, Corporate Finance, Corporate Governance
Research Interests:
Corporate Governance, Mutual Funds, Empirical Methods
Selected Publications:
- "More Informative Disclosures, Less Informative Prices? Portfolio and Price Formation Around Quarter-ends", Journal of Financial Economics, Issue 2, 665-688, with Z. Kaplan, A. Verma, 2022
- "The Big Three and Board Gender Diversity: The Effectiveness of Shareholder Voice", with V. Gupta, D. Matsa, S. Mortal, L. Yang
- "When do Judges Throw the Book at Companies? The Influence of Partisanship in Corporate Prosecutions", with M. Kaviani, H. Maleki
- "Identification using Russell 1000/2000 Index Assignments: A Discussion of Methodologies", Critical Finance Review, with I. Appel, D. Keim
- "Passive Investors, Not Passive Owners", Journal of Financial Economics, Issue 1, 111-141, with I. Appel, D. Keim, 2016
- "Who's Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives", Journal of Financial Economics, Issue 1, 152-178, with E. Gilje, D. Levit, 2020
- "Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism", Review of Financial Studies, with I. Appel, D. Keim
- "Playing it Safe? Managerial Preferences, Risk, and Agency Conflicts", Journal of Financial Economics, Issue 3, 431-455, with D. Matsa, 2016
- "Common Errors: How to (and Not to) Control for Unobserved Heterogeneity", Review of Financial Studies, Issue 2, 617-661, with D. Matsa, 2014
- "Too Big to Fail? Government Policy vs. Investor Perceptions", Review of Finance, 491-518, with S. Johnson, C. Rhee, 2015
Academic/Professional Activities:
- Member, American Economics Association
- Member, American Finance Association
- Member, Financial Intermediation Research Society
- Member, Western Finance Association
- Member, Society for Financial Studies
- Editor, Associate Editor, Review of Financial Studies
- Editor, Associate Editor, Review of Finance
- Member, European Corporate Governance Institute
- Editor, Associate Editor, Journal of Financial Economics
Awards/Honors:
- Master of Science in Corporate Finance Reid Teaching Award, Olin Business School, Washington University in St. Louis, 2018
- Research Member, European Corporate Governance Institute, 2018
- Best Paper Award, Investor Responsibility Research Center Institute, 2015
- Best Paper Award, Investor Responsibility Research Center Institute, 2014
- Distinguished Referee Award, Review of Financial Studies, 2014
- Honorable Mention, Marshall Blume Prize in Financial Research, 2014
- Honorable Mention, Marshall Blume Prize in Financial Research, 2012
- Cynthia and Bennett Golub Endowed Faculty Scholar Award, 2011
- Excellence in Teaching Award -- Wharton MBA Elective, 2011
- Honorable Mention, Marshall Blume Prize in Financial Research, 2011
- Most Significant Paper, Journal of Financial Intermediation, 2010
- Best Paper in Corporate Finance, WFA Meeting, 2009
- Best Teaching Assistant for Graduate Economics, MIT, 2005
- Graduate Fellowship, National Science Foundation, 2001
Personal Interests:
Todd Gormley enjoys spending time with his wife and three kids, Henry, Eleanor, and Madeline.
|
Todd Gormley originally joined Olin in 2006 before moving to The Wharton School in 2009. Todd returned to Olin in 2016. His research focuses on why managers sometimes fail to act in the best interest of shareholders and what governance arrangements mitigate these conflicts. His most recent research has analyzed the growing impact of indexed investment products on firms and markets.
Todd Gormley's Home Page
Todd Gormley's Curriculum Vitae
Email: lastname [@] wustl [dot] edu
Phone: (314) 935-7171
PhD 2006, Massachusetts Institute of Technology
BA 2001, Michigan State University
|
