Michael S. Weisbach
Education
Ph.D., economics, Massachusetts Institute of Technology; B.S., mathematics, University of Michigan
Summary of Experience
Professor Weisbach has broad-ranging research and teaching interests in finance and economics, with specialties in corporate finance, corporate governance, and private equity. He has previously taught at the University of Illinois, the University of Chicago, the University of Rochester, and the University of Arizona. In addition to his teaching, he has provided business-economics and litigation-support consulting. Professor Weisbach is an editor of The Review of Financial Studies, one of the leading academic journals in finance, and has been an associate editor of five other academic journals. His many publications on finance and related topics have been cited more than 1,500 times. Professor Weisbach is also a research associate of the National Bureau of Economic Research.
His recent research includes: "Why Are Buyouts Leveraged? The Financial Structure of Private Equity Firms" (with Ulf Axelson and Per Strömberg; The Journal of Finance, forthcoming); "Motivations for Public Equity Offers: An International Perspective" (with Woojin Kim; Journal of Financial Economics, 2008); "World Markets for Raising New Capital" (with Brian J. Henderson and Narasimhan Jegadeesh; Journal of Financial Economics, 2006); "Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Evidence" (with Benjamin E. Hermalin; Economic Policy Review, 2003); "Financial Flexibility and the Choice Between Dividends and Stock Repurchases" (with Murali Jagannathan and Clifford P. Stephens; Journal of Financial Economics, 2000); and "The Influence of Institutions on Corporate Governance through Private Negotiations: Evidence from TIAA-CREF" (with Willard T. Carleton and James M. Nelson; Journal of Finance, 1998).