Rui Albuquerque
Associate Professor, Finance
He鈥檚 the associate editor of the听Journal of Banking and Finance, as well as of the听Portuguese Economic Journal. And he鈥檚 the newest full-time faculty member of the Carroll School of Management.
Associate Professor of Finance听Rui Albuquerque听arrived on the Heights in January from Boston University, where he taught and conducted research for the previous ten years. His other professorial experience has been primarily with Universidade Catolica Portuguesa, Catolica-Lisbon School of Business and Economics, and the University of Rochester, where he also earned his Ph.D.
Just in the past year, at least four of Albuquerque鈥檚 articles (with titles including 鈥淟ong-run Bulls and Bears,鈥� about the high correlation between stock returns and the fundamentals of company performance through ups and downs of the market) have appeared in leading journals such as the听Journal of Finance. His teaching and research interests are in capital markets, international finance, and governance. And, his first course is MFIN663101 International Financial Management.
Albuquerque adds to the 10 new tenure-track faculty members who came to the Carroll School at the start of the academic year. They took their places in the Departments of Accounting, Finance, Information Systems, Management and Organization, and Operations Management.
Photo by Gary Gilbert
I艧谋l Alev
Assistant Professor, Operations Management
Ph.D. in Industrial Engineering, H. Milton Stewart School of Industrial & Systems Engineering, Georgia Institute of Technology
Representative publication:
鈥淓xtended Producer Responsibility and Secondary Markets鈥� (with Vishal Agrawal and Atalay Atasu), under review
鈥淢y research interests lie in sustainable operations management, with a particular emphasis on business practices subject to environmental policy. The motivation for my research arises from prevalent real-world managerial problems and existing gaps between practice and literature in this context. My research also draws on collaborations with practitioners involved in crafting and implementing environmental policies. Analyzing operational implementation details on the ground, I investigate drivers of the gaps between intended and realized outcomes in this context. Overall, my research provides managerial insights and policy guidelines from an operational perspective to inform environmental policy-making toward achieving better environmental and economic outcomes.鈥�
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Ian Appel听
Assistant Professor, Finance
Ph.D. in Finance, The Wharton School, University of Pennsylvania
Representative publication:
鈥淧assive Investors, Not Passive Owners鈥� (with Todd A. Gormley and Donald B. Keim), working paper
鈥淢y research focuses on factors that influence corporate behavior.听I am particularly interested in institutional investors and the intersection between law and finance.听My dissertation studied the role of shareholder litigation rights in corporate governance.听In other recent work, I study how the actions of 鈥榩assive鈥� institutional investors influence different corporate policies.鈥�
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Mengyao Cheng
Assistant Professor, Accounting
Ph.D. in Accounting, Emory University
Representative publication:
鈥淕oing Public Privately: The Role of the Cost of Premature Disclosure in the听IPO Process,鈥� working paper
鈥淢y research interests are in financial reporting issues, disclosure, and the effects of regulation and governmental policies. My current research focuses on changes in mandatory disclosures, firm compliance with such changes, and capital market consequences of those changes. I also examine the economic determinants and consequences of voluntary disclosures. Furthermore, I seek to understand the forces underlying governmental policy-making and the resulting implications for corporations.鈥�
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Vyacheslav (Slava) Fos
Assistant Professor, Finance
Ph.D. in Finance, Graduate School of Business, Columbia University
Representative publication:
鈥淪hareholder Democracy in Play: Career Consequences of Proxy Contests鈥� (with Margarita Tsoutsoura),听Journal of Financial Economics, 114, 2014
鈥淢y research interests are in the areas of financial markets, corporate governance, and corporate finance. I study the role of activist shareholders in corporate governance, the role of stock liquidity in corporate governance, and investment and employment consequences of share repurchases. My most recent research projects show how proxy contests affect directors鈥� careers, firms鈥� corporate policies, and stock prices.鈥�
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Carlo Gallimberti听
Assistant Professor, Accounting
Ph.D. in Economics with a major in Accounting, Bocconi University, Milan
Representative publication:
鈥淏orrowers鈥� Accounting Information and Banks鈥� Lending Decisions,鈥� dissertation
鈥淚 am interested in the tensions that arise from the information imbalance between borrowers and lenders. When companies apply for a loan, the bank doesn鈥檛 know with whom they are dealing. The information contained in the financial reports becomes then potentially very valuable. I study how such information impacts banks鈥� lending decisions. I also study whether and to what extent close relationships with banks or how debt contracts are written affect borrowers鈥� behaviors and corporate governance structures.鈥�
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Tingliang Huang听
Assistant Professor, Operations Management听
Ph.D. in Operations Management, Kellogg School of Management, Northwestern University
Representative publication:
鈥淐lickstream Data and Inventory Management: Model and Empirical Analysis鈥� (with Jan A. Van Mieghem),听Production and Operations Management,听23, 2013, and 鈥淪ell Probabilistic Goods? A Behavioral Explanation for Opaque Selling鈥� (with Yimin Yu),听Marketing Science, 33, 2014
鈥淭he first line of my research concerns how firms can use online data (e.g., clickstream data, consumer reviews) to improve inventory management and pricing decisions. In a recent paper, my coauthors and I show how clickstream data can improve operational forecasting and inventory management. My second line of research focuses on the implications of customer behavior, such as bounded rationality and irrational biases, for firm operational (e.g., strategic capacity management) and marketing decisions (e.g., pricing and transparent or opaque selling).鈥�
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Suntae Kim听
Assistant Professor, Management and Organization
Ph.D. in Business Administration (Management & Organizations), Stephen M. Ross School of Business, University of Michigan
Representative publication:
鈥淓ntrepreneurial Imagination in Detroit: Ethnography of Nascent Entrepreneurship in the Post-industrial Economy,鈥� dissertation
鈥淭he contemporary economy is marked by an increase in organizational diversity. Alternative organizational forms to shareholder-centered corporations are rapidly emerging, such as B Corps, Flexible Purpose Corps, L3Cs, worker cooperatives, and mutuals. I study entrepreneurship in this historical context, where creating a business may have completely different meanings than building a corporation. The contexts of my inquiry include new organizational forms for social entrepreneurship, alternative business incubators, and novel manufacturing technologies enabling new ways of organizing. I study these emerging phenomena by employing various methods including ethnographic field study, quantitative archival research, and lab experiments.鈥�
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Mario Kokkodis听
Assistant Professor, Information Systems
Ph.D. in Information Systems, Stern School of Business, New York University
Representative publication:
鈥淩eputation Transferability in Online Labor Markets鈥� (with Panagiotis G. Ipeirotis),听Management Science, published online, 2015
鈥淢y research focuses on understanding and optimizing design aspects of online marketplaces. I analyze massive amounts of data from multiple sources and propose technical/econometric models/algorithms that increase the transactional efficiency of these marketplaces. My current projects include understanding and analyzing听the matching process between employers and workers, and the development of a career path adviser in online labor markets.鈥�
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Leonard Kostovetsky听
Assistant Professor, Finance
Ph.D. in Economics, Princeton University
Representative publication:
鈥淩ed & Blue Investing: Values and Finance鈥� (with Harrison Hong),听Journal of Financial Economics, 103, 2012
鈥淢y research focuses on developing a better understanding of how non-market forces such as political beliefs, government actions, social responsibility, and trust affect financial decisions and financial markets. Over the last decade, we鈥檝e seen an upcoming deadline in Washington, DC, causing wild gyrations in the stock market, activist investors convincing boards and management to spend billions to become more socially responsible, and an exodus of talent from the industry due to more financial regulation and oversight. These kinds of events motivate my research.鈥�
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Zhuoxin (Allen) Li
Assistant Professor, Information Systems听
Ph.D. in Information, Risk, and Operations Management, The University of Texas at Austin
Representative publication:
鈥淪upplier Encroachment under Asymmetric Information鈥� (with Stephen Gilbert and Guoming Lai),听Management Science, 60, 2014
鈥淢y research interests focus on firm strategies in platform ecosystems and IT-enabled value chains. In my dissertation, I studied encroachment behaviors鈥攆irms that encroach into their partners鈥� businesses. I investigated the impact of such encroachment behaviors and provided managerial insights into how to manage the intriguing cooperation and competition relationship.鈥�
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