Andrey Malenko

Faculty

Andrey Malenko

About

Andrey Malenko is an Associate Professor of Finance at the MIT Sloan School of Management.

Malenko’s research focuses on corporate finance, applying option pricing to real investment analysis, and financial auctions. His recent work examines the differences between strategic and financial bidders in takeovers and the optimal design of capital budgeting practices in organizations. Malenko’s work has appeared in leading academic journals, such as the American Economic Review and The Journal of Finance. At MIT Sloan, he teaches 15.401 Finance Theory.

Malenko holds a BSc and an MSc in economics from the Higher School of Economics in Moscow, an MA in economics from the New Economic School, and a PhD in finance from Stanford University.

Current Research Focus:  Malenko’s current research projects include dynamic delegation, the analysis of strategic initiation of auctions, in particular, takeover contests, and interactions between capital budgeting and organizational design.

Publications

"Proxy Advisory Firms: The Economics of Selling Information to Voters."

Malenko, Andrey, and Nadya Malenko. Journal of Finance. Forthcoming. Online Appendix.

"Selling to Advised Buyers."

Malenko, Andrey, and Anton Tsoy. American Economic Review. Forthcoming.

"The Timing and Method of Payment in Mergers when Acquirers are Financially Constrained."

Gorbenko, Alexander S., and Andrey Malenko. Review of Financial Studies Vol. 31, No. 10 (2016): 3937-3978. Online Appendix. Download Paper.

"A Theory of LBO Activity based on Repeated Debt-Equity Conflicts."

Malenko, Andrey and Nadya Malenko. Journal of Financial Economics Vol. 117, No. 3 (2015): 607-627. Online Appendix.

Load More

Recent Insights

Ideas Made to Matter

Here’s what sunk Toys R Us

MIT Sloan experts share their takeaways from the renowned company’s closure.

Read Article