Stuart C. Gilson
Steven R. Fenster Professor of Business Administration, Harvard Business School
Analysis Group Contact
Richard Starfield, Maureen Chakraborty
Ph.D., and M.Sc., University of Rochester; M.A., University of British Columbia
Summary of Experience:
Professor Gilson's current research focuses on techniques for valuing bankrupt and distressed companies and on strategies for investing in distressed company securities. He has also investigated determinants of financial leverage and capital structure in highly leveraged or distressed companies and how those firms hire, fire, and compensate their senior managers and directors. For the last five years he has been named one of the nation's top bankruptcy academics by Turnarounds & Workouts magazine and is listed in Who's Who in Economics. Professor Gilson has written extensively on such topics as corporate bankruptcy and debt workouts, tracking stock, equity spin-offs, corporate downsizing, bank mergers, and employee buyouts. His research has been published in The Journal of Finance, The Review of Financial Studies, The Journal of Financial Economics, Financial Analysts Journal, and Harvard Business Review, among others. He has been cited in The Wall Street Journal, The New York Times, Business Week, The Economist, and U.S. News and World Report. He won the prestigious Graham and Dodd Award for his article "Investing in Distressed Situations: A Market Survey." Recently, Professor Gilson's collection of case studies on corporate restructuring, Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups, was published by John Wiley & Sons. Professor Gilson also serves as Business Law Advisor to the Business Law Section Advisors Committee of the American Bar Association (2008 - 2010).