Mark Leary

Area of Expertise:

Corporate Finance, Corporate Finance

Research Interests:

Empirical corporate finance - capital structure, payout policy, security issuance and financial intermediaries

Awards/Honors:

• Marshall Blume Prize in Financial Research (First prize), Rodney White Center, 2014
• Terker Family Prize in Financial Research, First Prize, Rodney L. White Center for Financial Research, 2010
• Brattle Group Prize for Distinguished Paper, Journal of Finance, 2009
• Brattle Group Prize for Distinguished Paper, Journal of Finance, 2006
• Competitive Paper Award in Corporate Finance, Financial Management Association Meetings, 2004

Professor Leary joined Olin in 2010. He taught previously at Cornell University and, prior to his academic career, worked for CVS Corp. and the Federal Reserve Bank of NY. Leary''s research investigates the motives behind corporate financial policy decisions, including leverage, security issuance, dividend and share repurchase decisions. His work has demonstrated the roles of adjustment costs, credit conditions, and peer firms in affecting financial policy.