Faculty Directory
Katharina Lewellen
Associate Professor of Business Administration
E-Mailkatarzyna.a.lewellen@tuck.dartmouth.edu
Phone603-646-8247
DegreePhD, University of Rochester, 2003; Doctorate, University of Zurich, 1997; MS, University of Zurich, 1995
AREAS OF EXPERTISECorporate finance, corporate governance, capital structure
Current Research Topics
CEO preferences and acquisitions, nonprofits investments, multinational firms' ownership structures
Selected Publications
With D. Jenter and J. Warner, "Security Issue Timing: What Do Managers Know and When Do They Know It?", Journal of Finance, 66(2), March 2011; "Financing Decisions When Managers Are Risk Averse," Journal of Financial Economics, 82(3), 2006; "Risk, Reputation, and IPO Price Support," Journal of Finance, 61(2), 2006; with E. Demers, "Marketing Role of IPOs: Evidence from Internet Stocks," Journal of Financial Economics, 68(3), 2003
Working Papers
With D. Jenter, "CEO Preferences and Acquisitions"; with M. Adelino and A.Sundaram, "Investment Decisions of Nonprofit Firms: Evidence from Hospitals"; with L. Robinson, "Internal Ownership Structures of Multinational Firms"; with J. Lewellen, "Cashflow and Investment: New Evidence"; with D. Jenter, "Performance-Induced CEO Turnover"
Awards
Alfred P. Sloan Foundation Grant, 2012; Nasdaq Educational Foundation Fellowship, 2002; Olin Fellowship, 1999–2000, Fellowship, 1998–2000, Simon Graduate School of Business Administration, University of Rochester; Swiss National Science Foundation Fellowship, 1997
Professional Activities
Academic positions: Tuck School of Business, 2005–present; Assistant Professor of Finance, Massachusetts Institute of Technology, 2003–05
Nonacademic positions: Economist, Swiss National Bank, 1995–97
Personal Website
Professor Lewellen’s expertise is in corporate finance, capital structure, investments, and corporate governance. She studies various aspects of corporate financing and investment decisions, such as managerial incentives, taxes, and financing constraints. In her recent work, she investigates how U.S. multinational firms structure ownerhsip of their foreign operations. Her other current projects focus on investment choices of nonprofit firms. Lewellen has received several honors and awards, including The Alfred P. Sloan Foundation grant, The Nasdaq Stock Market Educational Foundation award and the Swiss National Science Foundation Fellowship.