Faculty Directory

Katharina Lewellen

Associate Professor of Business Administration

E-Mailkatharina.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 incentives
  • Nonprofit firms
  • Multinational firms' ownership structures

Selected Publications

  • With D. Jenter, "CEO Preferences and Acquisitions," forthcoming in Journal of Finance
  • With M. Adelino and A.Sundaram, "Investment Decisions of Nonprofit Firms: Evidence from Hospitals," forthcoming in Journal of Finance
  • With J. Lewellen, "Cashflow and Investment: New Evidence," forthcoming in Journal of Financial and Quantitative Analysis
  • 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 Alex Edmans and Vivian W. Fang, "Equity Vesting and Managerial Myopia"
  • With L. Robinson, "Internal Ownership Structures of Multinational Firms"
  • 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

  • Associate Professor of Business Administration at Tuck School at Dartmouth (2011 - present)
  • Assistant Professor of Business Administration at Tuck School at Dartmouth (2005 - 2011)
  • Assistant Professor of Finance, Massachusetts Institute of Technology, 2003–05

Nonacademic positions

  • Economist, Swiss National Bank, 1995–97

Research & Teaching

Professor Lewellen 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 ownership of their foreign operations. Her other current projects focus on investment choices of nonprofit firms. She teaches Corporate Finance.