Paul Asquith

Gordon Y Billard Professor of Finance
Professor of Finance

Biography | Selected Publications

Paul Asquith

Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management.

Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including mergers, dividend policy, financial distress, and market efficiency.  An empiricist, he investigates applied problems using real-world data.  His most recent research examines analysts’ forecasts and market efficiency.  MIT Sloan program students have recognized Asquith with 13 Teaching Excellence Awards.

Asquith holds a BA in economics from Michigan State University as well as an AM and a PhD in economics from the University of Chicago.

Current Research Focus: Professor Asquith’s recent research focuses on the effects of regulation. In particular, a recent working paper, “The Effects of Mandatory Transparency in Financial Market Design,” looks at the impact on market volume and market volatility from FINRA’s requirement that all corporate bond trades be transparent. In addition, he is currently examining the effects that sector EFTs have on thinly traded stocks. Older research examines reverse mergers as an alternative to IPOs in a working paper, “A Test of IPO Theories Using Reverse Mergers.”

Full curriculum vitae

Working Papers

 

Contact Information
Office: E62-660
Tel: (617) 253-7177
Fax: (617) 253-0603
Support Staff
Name: Jackie Donnelly
Tel: (617) 324-1198
Name: Ariel Leitao
Tel: (617) 715-4178
Name: Nancy Leonelli
Tel: (617) 253-6130
Group(s)

Research Center(s)

General Expertise
Analysts' forecasts; Bankruptcy; Capital budgeting; Corporate finance; Diversification, corporate; Dividend policy; Valuation