Faculty Directory
Katharina Lewellen
Associate Professor of Business Administration
E-Mailkatarzyna.a.lewellen@tuck.dartmouth.edu
Phone603-646-8247
DegreeMS, University of Zurich, 1995; Doctorate, University of Zurich, 1997; PhD, University of Rochester, 2003
AREAS OF EXPERTISECorporate finance, corporate governance, capital structure
Current Research Topics
CEO turnover, executive compensation, cashflow and investment
Selected Publications
With E. Demers, "Marketing Role of IPOs: Evidence from Internet Stocks," Journal of Financial Economics, 68(3), 2003; "Risk, Reputation, and IPO Price Support," Journal of Finance, 61(2), 2006; "Financing Decisions When Managers Are Risk Averse," Journal of Financial Economics, 82(3), 2006; with D. Jenter and J. Warner, "Security Issue Timing: What Do Managers Know and When Do They Know It?", Journal of Finance, forthcoming
Working Papers
With J. Lewellen, "Internal Cashflow and Investment"; with D. Jenter, "Performance-Induced CEO Turnover"
Awards
Swiss National Science Foundation Fellowship, 1997; Fellowship, 1998–2000, Olin Fellowship, 1999–2000, Simon Graduate School of Business Administration, University of Rochester; Nasdaq Educational Foundation Fellowship, 2002
Professional Activities
Academic positions: Lecturer, Massachusetts Institute of Technology, 2002–03; Assistant Professor of Finance, Massachusetts Institute of Technology, 2003–05; Tuck School of Business, 2005–present
Nonacademic positions: Economist, Swiss National Bank, 1995–97
Personal Website
Professor Lewellen’s expertise is in corporate finance, capital structure, and corporate governance. She studies various aspects of corporate financing decisions, such as managerial incentives, taxes, and initial public offerings. In her recent work, she investigates how corporate managers time the stock market with security sales. Her current projects focus on the link between corporate governance and firm performance.