Foster School of Business
Professor of Finance


  • PhD University of Rochester (1982)
  • MS University of Rochester (1976)
  • BA University of California, Santa Barbara (1973)

Academic Expertise

  • corporate governance

Current Research

  • Dual Class Shares and Corporate Innovation, Deregulation and the Cost of Debt

Positions Held

  • At the University of Washington since 1980
  • Visiting scholar at Arizona State University, 1997
  • economics instructor at Colgate University, 1977-1980
  • Research Associate for Weyerhaeuser’s Pension Fund Investments Group, 1988-1991

Honors and Awards

  • Norman J. Metcalfe Faculty Fellow in Finance, 1997 – 2016
  • Norman J. Metcalfe Endowed Professor of Finance, 2016 – present
  • Jensen Prize for the best paper published in the Journal of Financial Economics during the year 2011 in the areas of corporate finance and organizations (first prize)

Academic Service

  • Managing editor of the Journal of Financial and Quantitative Analysis, 1987-present
  • Program committee member of the American Finance Association, 1991, 1993-1995
  • Executive committee member of the Western Finance Association, 1987-1988

Read about executive education

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