Faculty Directory

Katharina Lewellen

Associate Professor of Business Administration





Personal Website



PhD, University of Rochester, 2003; Doctorate, University of Zurich, 1997; MS, University of Zurich, 1995

Areas of Expertise

Corporate finance, corporate governance, capital structure


Katharina Lewellen teaches Corporate Finance at Tuck.

Current Research Topics

  • CEO incentives
  • Nonprofit firms
  • Multinational firms' ownership structures

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, 2003–2005

Nonacademic positions

  • Economist, Swiss National Bank, 1995–1997

Working Papers

  • With A. Edmans and V. Fang, "Equity Vesting and Managerial Myopia"
  • With L. Robinson, "Internal Ownership Structures of Multinational Firms"
  • With D. Jenter, "Performance-Induced CEO Turnover"


  • 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

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