Veljko Fotak

• Chair, Undergraduate Programs Committee

Education

• PhD, University of Oklahoma
• MS, Rochester Institute of Technology
• MBA, Rochester Institute of Technology
• BS, Rochester Institute of Technology

Teaching

• Corporate finance
• International financial management

Research

• State capitalism
• Government ownership
• Sovereign wealth funds
• Government expropriations
• Cross-border financing

Selected Publications

Veljko Fotak, Vikas Raman and Pradeep K. Yadav (2014). "Fails-to-Deliver, Short Selling and Market Quality." Journal of Financial Economics 114, 493-516.

Ginka Borisova, Veljko Fotak, Kate Holland and William L. Megginson (2015). "Government Ownership and the Cost of Debt: Evidence from Government Investments in Publicly Traded Firms." Journal of Financial Economics, forthcoming.

Bernardo Bortolotti, Veljko Fotak and William Megginson (2015). "The Sovereign Wealth Fund Discount: Evidence from Public Equity Investments." Review of Financial Studies, forthcoming.

Works in Progress

"Why Do Governments Lend?"

"Rise of the Fiduciary State: A Survey of Sovereign Wealth Fund Research." Co-authorship with William Megginson.

"The Impact of Political Risk on Foreign Lending: Evidence on Bilateral Investment Treaties, Expropriations, and Syndicated Loans." Co-authorship with Hae Kwon Lee.

"Seasoned Equity Offerings and Stock Price Crashes." Co-authorship with Rodney D. Boehme and Anthony D. May.

"The Impact of Blog Recommendations on Security Prices and Trading Volumes."