Rui Albuquerque
He’s the associate editor of the Journal of Banking and Finance, as well as of the Portuguese Economic Journal. And he’s the newest full-time faculty member of the Carroll School of Management. Associate Professor of Finance Rui Albuquerque arrived on the Heights in January from Boston University, where he taught and conducted research for the previous ten years. His other professorial experience has been primarily with Universidade Catolica Portuguesa, Catolica-Lisbon School of Business and Economics, and the University of Rochester, where he also earned his Ph.D. Just in the past year, at least four of Albuquerque’s articles (with titles including “Long-run Bulls and Bears,” about the high correlation between stock returns and the fundamentals of company performance through ups and downs of the market) have appeared in leading journals such as the Journal of Finance. His teaching and research interests are in capital markets, international finance, and governance. And, his first course is MFIN663101 International Financial Management. Albuquerque adds to the 10 new tenure-track faculty members who came to the Carroll School at the start of the academic year. They took their places in the Departments of Accounting, Finance, Information Systems, Management and Organization, and Operations Management. See the slide show featuring those professors.

Rui Albuquerque

Associate Professor, Finance

He’s the associate editor of the Journal of Banking and Finance, as well as of the Portuguese Economic Journal. And he’s the newest full-time faculty member of the Carroll School of Management.

Associate Professor of Finance Rui Albuquerque arrived on the Heights in January from Boston University, where he taught and conducted research for the previous ten years. His other professorial experience has been primarily with Universidade Catolica Portuguesa, Catolica-Lisbon School of Business and Economics, and the University of Rochester, where he also earned his Ph.D.

Just in the past year, at least four of Albuquerque’s articles (with titles including “Long-run Bulls and Bears,” about the high correlation between stock returns and the fundamentals of company performance through ups and downs of the market) have appeared in leading journals such as the Journal of Finance. His teaching and research interests are in capital markets, international finance, and governance. And, his first course is MFIN663101 International Financial Management.

Albuquerque adds to the 10 new tenure-track faculty members who came to the Carroll School at the start of the academic year. They took their places in the Departments of Accounting, Finance, Information Systems, Management and Organization, and Operations Management.


Photo by Gary Gilbert

Isil Alev
He’s the associate editor of the Journal of Banking and Finance, as well as of the Portuguese Economic Journal. And he’s the newest full-time faculty member of the Carroll School of Management. Associate Professor of Finance Rui Albuquerque arrived on the Heights in January from Boston University, where he taught and conducted research for the previous ten years. His other professorial experience has been primarily with Universidade Catolica Portuguesa, Catolica-Lisbon School of Business and Economics, and the University of Rochester, where he also earned his Ph.D. Just in the past year, at least four of Albuquerque’s articles (with titles including “Long-run Bulls and Bears,” about the high correlation between stock returns and the fundamentals of company performance through ups and downs of the market) have appeared in leading journals such as the Journal of Finance. His teaching and research interests are in capital markets, international finance, and governance. And, his first course is MFIN663101 International Financial Management. Albuquerque adds to the 10 new tenure-track faculty members who came to the Carroll School at the start of the academic year. They took their places in the Departments of Accounting, Finance, Information Systems, Management and Organization, and Operations Management. See the slide show featuring those professors.

Işıl Alev

Assistant Professor, Operations Management

Ph.D. in Industrial Engineering, H. Milton Stewart School of Industrial & Systems Engineering, Georgia Institute of Technology

Representative publication:
“Extended Producer Responsibility and Secondary Markets” (with Vishal Agrawal and Atalay Atasu), under review

“My research interests lie in sustainable operations management, with a particular emphasis on business practices subject to environmental policy. The motivation for my research arises from prevalent real-world managerial problems and existing gaps between practice and literature in this context. My research also draws on collaborations with practitioners involved in crafting and implementing environmental policies. Analyzing operational implementation details on the ground, I investigate drivers of the gaps between intended and realized outcomes in this context. Overall, my research provides managerial insights and policy guidelines from an operational perspective to inform environmental policy-making toward achieving better environmental and economic outcomes.”


 

Ian Appel

Ian Appel 

Assistant Professor, Finance

Ph.D. in Finance, The Wharton School, University of Pennsylvania

Representative publication:
“Passive Investors, Not Passive Owners” (with Todd A. Gormley and Donald B. Keim), working paper

“My research focuses on factors that influence corporate behavior. I am particularly interested in institutional investors and the intersection between law and finance. My dissertation studied the role of shareholder litigation rights in corporate governance. In other recent work, I study how the actions of ‘passive’ institutional investors influence different corporate policies.”


 

Mengyao Cheng

Mengyao Cheng

Assistant Professor, Accounting

Ph.D. in Accounting, Emory University

Representative publication:
“Going Public Privately: The Role of the Cost of Premature Disclosure in the IPO Process,” working paper

“My research interests are in financial reporting issues, disclosure, and the effects of regulation and governmental policies. My current research focuses on changes in mandatory disclosures, firm compliance with such changes, and capital market consequences of those changes. I also examine the economic determinants and consequences of voluntary disclosures. Furthermore, I seek to understand the forces underlying governmental policy-making and the resulting implications for corporations.”


 

Vyacheslav (Slava) Fos

Vyacheslav (Slava) Fos

Assistant Professor, Finance

Ph.D. in Finance, Graduate School of Business, Columbia University

Representative publication:
“Shareholder Democracy in Play: Career Consequences of Proxy Contests” (with Margarita Tsoutsoura), Journal of Financial Economics, 114, 2014

“My research interests are in the areas of financial markets, corporate governance, and corporate finance. I study the role of activist shareholders in corporate governance, the role of stock liquidity in corporate governance, and investment and employment consequences of share repurchases. My most recent research projects show how proxy contests affect directors’ careers, firms’ corporate policies, and stock prices.”


 

Carlo Gallimberti

Carlo Gallimberti 

Assistant Professor, Accounting

Ph.D. in Economics with a major in Accounting, Bocconi University, Milan

Representative publication:
“Borrowers’ Accounting Information and Banks’ Lending Decisions,” dissertation

“I am interested in the tensions that arise from the information imbalance between borrowers and lenders. When companies apply for a loan, the bank doesn’t know with whom they are dealing. The information contained in the financial reports becomes then potentially very valuable. I study how such information impacts banks’ lending decisions. I also study whether and to what extent close relationships with banks or how debt contracts are written affect borrowers’ behaviors and corporate governance structures.”


 
Tingliang Huang

Tingliang Huang 

Assistant Professor, Operations Management 

Ph.D. in Operations Management, Kellogg School of Management, Northwestern University

Representative publication:
“Clickstream Data and Inventory Management: Model and Empirical Analysis” (with Jan A. Van Mieghem), Production and Operations Management, 23, 2013, and “Sell Probabilistic Goods? A Behavioral Explanation for Opaque Selling” (with Yimin Yu), Marketing Science, 33, 2014

“The first line of my research concerns how firms can use online data (e.g., clickstream data, consumer reviews) to improve inventory management and pricing decisions. In a recent paper, my coauthors and I show how clickstream data can improve operational forecasting and inventory management. My second line of research focuses on the implications of customer behavior, such as bounded rationality and irrational biases, for firm operational (e.g., strategic capacity management) and marketing decisions (e.g., pricing and transparent or opaque selling).”


 
Suntae Kim

Suntae Kim 

Assistant Professor, Management and Organization

Ph.D. in Business Administration (Management & Organizations), Stephen M. Ross School of Business, University of Michigan

Representative publication:
“Entrepreneurial Imagination in Detroit: Ethnography of Nascent Entrepreneurship in the Post-industrial Economy,” dissertation

“The contemporary economy is marked by an increase in organizational diversity. Alternative organizational forms to shareholder-centered corporations are rapidly emerging, such as B Corps, Flexible Purpose Corps, L3Cs, worker cooperatives, and mutuals. I study entrepreneurship in this historical context, where creating a business may have completely different meanings than building a corporation. The contexts of my inquiry include new organizational forms for social entrepreneurship, alternative business incubators, and novel manufacturing technologies enabling new ways of organizing. I study these emerging phenomena by employing various methods including ethnographic field study, quantitative archival research, and lab experiments.”


 

Mario Kokkodis

Mario Kokkodis 

Assistant Professor, Information Systems

Ph.D. in Information Systems, Stern School of Business, New York University

Representative publication:
“Reputation Transferability in Online Labor Markets” (with Panagiotis G. Ipeirotis), Management Science, published online, 2015

“My research focuses on understanding and optimizing design aspects of online marketplaces. I analyze massive amounts of data from multiple sources and propose technical/econometric models/algorithms that increase the transactional efficiency of these marketplaces. My current projects include understanding and analyzing the matching process between employers and workers, and the development of a career path adviser in online labor markets.”


 

Leonard Kostovetsky

Leonard Kostovetsky 

Assistant Professor, Finance

Ph.D. in Economics, Princeton University

Representative publication:
“Red & Blue Investing: Values and Finance” (with Harrison Hong), Journal of Financial Economics, 103, 2012

“My research focuses on developing a better understanding of how non-market forces such as political beliefs, government actions, social responsibility, and trust affect financial decisions and financial markets. Over the last decade, we’ve seen an upcoming deadline in Washington, DC, causing wild gyrations in the stock market, activist investors convincing boards and management to spend billions to become more socially responsible, and an exodus of talent from the industry due to more financial regulation and oversight. These kinds of events motivate my research.”


 

Zhuoxin (Allen) Li

Zhuoxin (Allen) Li

Assistant Professor, Information Systems 

Ph.D. in Information, Risk, and Operations Management, The University of Texas at Austin

Representative publication:
“Supplier Encroachment under Asymmetric Information” (with Stephen Gilbert and Guoming Lai), Management Science, 60, 2014

“My research interests focus on firm strategies in platform ecosystems and IT-enabled value chains. In my dissertation, I studied encroachment behaviors—firms that encroach into their partners’ businesses. I investigated the impact of such encroachment behaviors and provided managerial insights into how to manage the intriguing cooperation and competition relationship.”