Finance
Learn from research’s biggest names.
The Simon community is small by design. In fact, it is the smallest of the top-ranked business schools, which offers students the opportunity to work closely with world class scholars. Simon doesn’t require a specific undergraduate major or a minimum work experience; scholars are free to choose from any of our six research focus areas.
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| Finance | Marketing | Operations Management |
Finance
Finance at Simon Business School deals with problems of corporate financial policy, individual consumption-investment choices, and capital market equilibrium in an uncertain environment. The principles of price theory, mathematics, and statistics provide the basis for analyzing these problems. Close attention is given to investor-management behavior induced by utility maximization, how this behavior is affected by information, regulation, and contractual arrangements, and the implications of these considerations for systematic, measurable phenomena in financial markets. The methodological approach taken at Simon places strong emphasis on formal modeling of these problems and empirical testing of alternative theories.
Christian Opp, Faculty Director of PhD and Associate Professor in Finance, discusses his research in the field of finance.
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Media mentions boost mutual funds.
Ron Kaniel and Robert Parham
It pays to be a mutual fund mentioned in Category Kings, the prominent Wall Street Journal feature. The Journal’s quarterly rankings give a surprisingly heavy boost to mutual funds that make it into the Top 10, according to research by Simon professor Ron Kaniel and co-author Robert Parham, a current PhD student. They found that the quarterly capital flows of Top 10 funds grew an average of 31 percent more than those of funds just missing the list.
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How can Timing Optimize Employee Effort
Dmitry Orlov
What is the optimal way for supervisors to design performance evaluations and incentive pay? A paper by Simon professor Dmitry Orlov shows that partial transparency about employee performance is the way to go. “Well-managed firms are neither fully transparent nor fully opaque with their employees,” Orlov writes in “Optimal Design of Internal Disclosure.” Giving feedback to employees can improve productivity, Orlov says. However, the greater the feedback, the higher the cost of compensation over time.
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Measuring a Prolific Career
G. William Schwert
The remarkable career of Eugene Fama gets a by-the-numbers look in a new paper co-authored by Simon professor G. William Schwert.
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Investment Unfazed by Interest Rates
Jerold Warner
How is corporate investment affected when changes in profits, stock returns, market uncertainty, and interest rates come into play?
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Looking at Liquidity before Litigation
Frank Torchio and Sunita Surana
A new paper by Simon adjunct lecturer Frank Torchio ’82S (MBA) and colleague Sunita Surana provides new insight into the proper way to perform a discounted cash flow valuation for fair-value assessments.
Learn more about our Finance faculty and their research interests
