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  • Stewart C. Myers  

    Stewart C. Myers

    Robert C. Merton (1970) Professor of Finance, MIT Sloan School of Management


    Stewart C. Myers is the Robert C. Merton (1970) professor of finance at the MIT Sloan School of Management. His research is primarily concerned with the valuation of real and financial assets, corporate financial policy, and financial aspects of government regulation of business. He is a past president of the American Finance Association and elected fellow of the Financial Management Association. A former director of the Cambridge Endowment for Research in Finance, Professor Myers is active as a financial consultant, advising major corporations on mergers and acquisitions, capital investment decisions, methods of financing, measurement of the cost of capital, and valuation. He is the author of influential research papers on many topics, including adjusted present value, rate of return regulation, pricing and capital allocation in insurance, real options, and moral hazard and information issues in capital structure decisions. Professor Myers is co-author of the classic textbook, Principles of Corporate Finance, now in its 10th edition, a research associate of the National Bureau of Economic Research, a principal of The Brattle Group, Inc., and a director of Entergy Corporation. He received an AB from Williams College and an MBA and PhD from Stanford University.