Paul Pfleiderer

The C.O.G. Miller Distinguished Professor of Finance at Stanford Graduate School of Business

Schools

Stanford Graduate School of Business

Expertise

Biography

Stanford Graduate School of Business

Research Statement

Paul Pfleiderer’s early research was primarily focused on issues arising in financial markets when traders are asymmetrically informed. In pursuing that research he developed theoretical models that analyze how information is incorporated in prices through trading and how information flows determine trading volume. He also analyzed how information is sold to investors when the value of the information is reduced the more widely it is disseminated. In other research he studied problems involved in measuring active funds’ performance, contracting concerns in venture financing, and policy issues related to disclosure requirements. His most recent research addresses issues in corporate governance and the regulation of banks and other financial institutions.

Research Interests

Market microstructure
Asset allocation
Corporate governance
Regulation of financial institutions

Bio

Paul Pfleiderer received BA, MPhil, and PhD degrees from Yale University, all in the field of economics. He has been teaching at Stanford since 1981. His research, much of which has been jointly pursued with Anat Admati, another professor of finance at the GSB, is generally concerned with issues that arise when agents acting in financial markets are differentially informed. His current research concerns corporate governance. In addition to his academic research, Professor Pfleiderer has consulted for various corporations and banks and has been involved in developing risk models and optimization software for use by portfolio managers.

Academic Degrees

PhD in Economics, Yale University, 1982
MPhil in Economics, Yale University, 1979
BA, Yale University, 1976

Academic Appointments

At Stanford University since 1981.

Awards and Honors

Susan Ford Dorsey Faculty Fellow for 2021–22

Courses Taught

Finance and Accounting for the Nonnfinancial Executive

Stanford Graduate School of Business

Online

Demystify Decision Making

Stanford Graduate School of Business

Online

Seed Transformation Program

Stanford Graduate School of Business

Online

Stanford Lead Online Business Program

Stanford Graduate School of Business

Online

Sep 11

Read about executive education

Cases

Citadel Capita (A) Managing for Opportunity and the Unexpected | F287A William Meehan, Paul Pfleiderer, Debra McCoy2013

Citadel Capital (B): Managing for Opportunity and the Unexpected | F287 William F. Meehan III, Paul C. Pfleiderer, Debra McCoy2013

IFC and Emerging Market Private Equity | F288 William Meehan III, Paul Pfleiderer, Michael Kennedy, Debra McCoy2013

Leopard Capital, Private Equity in Cambodia | F279 Michael Kennedy, Debra McCoy, William Meehan III, Sheila Melvin, Paul Pfleiderer2013

Managing for Value at the Global Environment Fund | F285 Michael Kennedy, Debra McCoy, William Meehan III, Paul Pfleiderer2013

Zephyr Peacock India: Perfectly Diligent | F283 William Meehan, Paul Pfleiderer, Sheila Melvin, Debra McCoy2013

Asia Alternatives, Approaching the Frontier | F278 William Meehan III, Paul Pfleiderer, Michael Kennedy, Debra McCoy, Sheila Melvin2012

Standard Chartered Private Equity Africa, Value at the Frontier | F280 William Meehan III, Paul Pfleiderer, Michael Kennedy, Debra McCoy2012

A Note on the Involvement of U.S. Commercial Banks in Venture Capital | SM26 Paul Pfleiderer, Thomas Hellmann1996

Liz Claiborne, Inc. | F255 Anat R. Admati, Paul Pfleiderer, George Noroian1995