Faculty & Research

Stewart Myers

Robert C. Merton (1970) Professor of Financial Economics
Professor of Finance

Biography | Publications

Stewart Myers' research has concentrated on the theory and practice of corporate finance, including the role
of information and incentives in corporate financing and methods for evaluating corporate investments. Recent
research projects include the valuation of investments in R&D, risk management, and the allocation of capital
in diversified firms, and the theory of corporate governance. Myers is the co-author of the classic textbook,
Principles of Corporate Finance, which is now in its 8th edition. He is a past president of the American Finance
Association, a research associate of the National Bureau of Economic Research, and a director of the Cambridge
Endowment for Research in Finance.