Nickolay Gantchev

Associate Professor
Ph.D. Finance (Wharton School, University of Pennsylvania, 2011)
MBA & MS Finance (Carroll School, Boston College, 2002)

Finance

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  • Bio

    Nickolay Gantchev is an Associate Professor of Finance at the Cox School of Business at Southern Methodist University. Prior to joining Cox, he served on the faculty of the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. Dr. Gantchev received his PhD in Finance from the Wharton School at the University of Pennsylvania, and completed his MBA and MS in Finance degrees at Boston College.

    Dr. Gantchev’s primary research area is empirical corporate finance, with a focus on corporate governance and shareholder activism. He studies the role of institutional investors in monitoring management and improving firm governance and performance. Dr. Gantchev’s publications examine the incentives of large shareholders to become active monitors and the effects of institutional trading in the emergence of hedge fund activism. His recent work investigates whether peer firms undertake real policy changes under the threat of activism and study specific mechanisms through which activist hedge funds influence M&A outcomes at targeted firms.

  • Research

    Empirical corporate finance, corporate governance, shareholder activism, institutional investors, hedge funds, mergers and acquisitions, CEO turnover and succession, private equity placements
  • Select Publications

    The Costs of Shareholder Activism: Evidence from a Sequential Decision Model
    Journal of Financial Economics 107(3), 610-631, March 2013

    Does Shareholder Coordination Matter? Evidence from Private Placements (with Indraneel Chakraborty)
    Journal of Financial Economics 108(1), 213-230, April 2013

    Institutional Trading and Hedge Fund Activism (with Pab Jotikasthira)
    Management Science, forthcoming

    Activism Mergers (with Nicole M. Boyson and Anil Shivdasani)
    Journal of Financial Economics, forthcoming

    For current list of publications and recent working papers, visit Dr. Gantchev's research website.