Current Research Topics

Mergers and acquisitions and value creation, investment behavior in nonprofits, financial implications of corporate climate change strategies

Selected Publications

With K. John, “Product Market Games and Signaling Models in Finance: Do We Know What We Know?” in Handbook of Quantitative Finance and Risk Management, Springer, 2010; with K. John, L. Senbet and P. Woodward, “Limited Liability and Market Power,” Review of Quantitative Finance and Accounting, 2006; “Mergers & Acquisitions and Corporate Governance,” in Advances in Mergers and Acquisitions, JAI Press, 2004; with A. Inkpen, “The Corporate Objective Revisited,” Organization Science, 2004, reprinted in Stakeholders, Edward-Elgar Publishing, 2010; with A. Inkpen and K. Rockwood, “Cross-Border Acquisitions of U.S. Technology Assets,” California Management Review, 2000, reprinted in International Mergers & Acquisitions: A Reader, Thomson Press, 2002; with M. Bradley, C. Schipani, and J. Walsh, “The Purposes and Accountability of the Corporation: Corporate Governance at a Crossroads,” Law and Contemporary Problems, 1999; with D. Logue, “Valuation Effects of Foreign Company Listings on U.S. Exchanges,” Journal of International Business Studies, 1996; with K. John and T. John, “Strategic Competition and Firm Values,” Journal of Financial Economics, 1996, reprinted in Essays in Honor of Stephen Ross, McGraw-Hill/Irwin, 2007; with J.S. Black, “The Environment and Internal Organization of Multinational Enterprises,” Academy of Management Review, 1993

Awards

Page Prize for Sustainability Issues in Business Curricula, University of South Carolina, 2009; Distinguished Paper Award, The Academy of Legal Studies in Business, 1999; Co-recipient, Sloan Foundation Grant, 1994; numerous teaching awards

Professional Activities

Academic positions: Visiting Professor of Business Administration, 2005–present, 2001–02, Associate Professor of Business Administration, 1987–94, Tuck School of Business; Faculty Director, Executive Environmental Sustainability Forum (Tuck School), 2009–present; Faculty Director, Tuck Executive Education, 2005–08; Associate Professor of Finance, Thunderbird School of Management, 1996–2005; Visiting Associate Professor, University of Michigan Business School, 1994–96

Nonacademic positions: Co-creator, uValue, a (free) corporate valuation app for the iPad and the iPhone; expert panel member, Katerva Global Sustainability Awards, 2009–present; founding member, Foundation for Advancement of Research in Financial Economics, 2007–present; Consultant, World Bank, 1983–84; Consultant, A.F. Ferguson and Company, 1981–82; Consultant, Operations Research Group, 1979–81; Consultant, Systems Research Institute, 1978–79

Board memberships: Advisory Board, The Energy and Resources Institute of Management, 2007–present 

Editorial positions: Special Issue Coeditor, Law and Contemporary Problems; Editorial Board, Journal of International Business Education, Journal of Multinational Financial Management; Ad Hoc Reviewer for major journals