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Personal Data:

Date of Birth: September 29, 1962
Marital Status: Married, two children
Citizenship: United States of America

Academic and Professional Appointments:

2010-present	Founding Director, Program for Financial Studies
2008-present	A. Barton Hepburn Professor of Economics in the Faculty of Business
1998-2008	Professor of Finance and Economics
1996-1998	Associate Professor of Finance and Economics (with tenure)
	Graduate School of Business, Columbia University
2006-2008	Managing Director, Global Head of Alternative Investment Strategies
	Deutsche Bank
1999-2006	Director/Trustee
	Merrill Lynch Investment Managers
1992-1996	Associate Professor of Finance
1988-1992	Assistant Professor of Finance
	J. L. Kellogg Graduate School of Management Northwestern University
1991-1992	Arch W. Shaw National Fellow
	Hoover Institution on War, Revolution and Peace
	Stanford University

Recent Outside Activities:

2011-present	Consultant to global financial advisory and asset management firm
2008-2009	Deutsche Bank Alternative Trading

Education:

June 1988 Ph.D., Economics, Stanford University
Dissertation: "Essays on Financial Structure and Corporate Control"

May 1984 B.A., summa cum laude, Duke University (economics)

Academic Honors and Grants:

National Science Foundation Presidential Young Investigator Award, 1991-1998

Lynde and Harry Bradley Foundation Grant, 1993-1994, 1994-1998

Smith Breeden Prize for Distinguished Paper in the Journal of Finance in 1992 ("Dutch Auction Repurchases: An Analysis of Shareholder Heterogeneity")

Roger F. Murray Award for Excellence in Quantitative Research in Finance, presented by The Institute for Quantitative Research in Finance, 1992

National Fellow, Hoover Institution on War, Revolution and Peace, Stanford University, 1991-1992

Selected one of "Forty Under Forty," Crain's Chicago Business, 1991

National Science Foundation Grant SES-8821666, "Dividends and Corporate Financial Policy" (joint with Doug Bernheim), 1989-1991

Trefftzs Award for Best Student Paper, presented by the Western Finance Association, 1988 ("Share Repurchase and Takeover Deterrence")

Phi Beta Kappa, Beta Gamma Sigma

Teaching Honors:  

Presidential Award for Outstanding Teaching, Columbia University, 2006

Singhvi Professor of the Year for Scholarship in the Classroom: Graduate School of Business, Columbia University, 1997, 2005, 2006

Rated Outstanding Faculty at Columbia Business School, Business Week, 2000, 2002, 2004

Rated Most Popular Teacher at Columbia Business School, Business Week, 1998

Finalist, Outstanding Professor of the Year: Kellogg Graduate School of Management, Northwestern University, 1994, The Masters in Management Program

Outstanding Professor of the Year: Kellogg Graduate School of Management, Northwestern University, 1991, The Managers' Program

Publications:

"Liquidity: Considerations of a Portfolio Manager" (joint with Pam Moulton), 2009. Financial Management, Spring, 59-74.

"Synergies and Internal Agency Conflicts: The Double-Edged Sword of Mergers" (joint with Paolo Fulghieri), 2006. Journal of Economics & Management Strategy, Vol. 15, No. 3, 549-576.

"Predicting Equity Liquidity" (joint with Bill Breen and Bob Korajczyk), 2002. Management Science, Vol. 48, No. 4, 470-483.

"Does Stock Price Elasticity Affect Corporate Financial Decisions?", 1999. Journal of Financial Economics, Vol. 52, No. 2, 225-256.

"Veblen Effects in a Theory of Conspicuous Consumption" (joint with Doug Bernheim)*, 1996. American Economic Review, Vol. 86, No. 3, 349-373.

"Influence Costs and Capital Structure" (joint with Josef Zechner),* 1993. Journal of Finance, Vol. 48, No. 3, 975-1008.

"Dutch Auction Repurchases: An Analysis of Shareholder Heterogeneity," * 1992. Journal of Finance, Vol. 47, No. 1, 71-105.

"Share Repurchase and Takeover Deterrence,"* 1991. RAND Journal of Economics, Vol. 22, No. 1, 72-88.

"Shareholder Heterogeneity: Evidence and Implications,"* 1991. American Economic Review, Vol. 81, No. 2, 218-221.

"Cash Distributions to Shareholders" (joint with John Shoven),* 1989. Journal of Economic Perspectives, Vol. 3 No. 3, Summer, 129-140. Reprinted in The Corporate Finance Reader, edited by Robert Kolb, Kolb Publishing Company, 202-213, first edition.

"Share Repurchases and Acquisitions: An Analysis of Which Firms Participate" (joint with John Shoven),* 1988. In Corporate Takeovers: Causes and Consequences, edited by Alan Auerbach, University of Chicago Press, 191-220.

Comments on "Converting Corporations to Partnerships through Leverage" by Myron S. Scholes and Mark A. Wolfson,* 1990. In Taxes, Debt, and Corporate Restructuring, edited by John Shoven and Joel Waldfogel, The Brookings Institution, 196-200.

* Published as Laurie Simon Bagwell

Teaching Cases, Articles, and Published Teaching Materials:

“Four Princesses, Meet the Fantastic Four: Disney's 2009 Acquisition of Marvel,” 2011. Columbia CaseWorks #110314.

"Don’t Be Evil: Google’s 2004 Dutch Auction IPO," 2009. Columbia CaseWorks #090327.

"Cash is King: Microsoft’s 2004 Cash Disbursement," 2008. Columbia CaseWorks #070302.  

"The War of the Handbags: The Takeover Battle for Gucci Group N.V." (joint with Sean Carr and Robert Bruner), 2005. Darden Case No. UVA-F-1473.  

"Walgreen Company, 1990: The Cash Distribution Decision," 2008. Columbia CaseWorks #080322.

“Dutch Auctions,” Columbia Business School Ideas at Work, June 2005.

"Google’s IPO: A Dutch auction works, if you let it," Columbia Business School Hermes Magazine, Fall 2004.  

Research Roundtable Discussion: The Diversification Discount, Financial Economics Network Educator, 2004.

Working Papers:

“Self-Selection and Stock Returns Around Corporate Security Offering Announcement” (joint with Marie Dutordoir), Unpublished Working Paper, latest revision January 2012.

“Do Stock Splits Enhance Liquidity?” (joint with Bob Korajczyk), Unpublished Working Paper, first draft October 1999.

“Management Forecasts at Walgreen Company: The Best Laid Plans,” Unpublished Working Paper, Columbia University, latest revision September 1998.

“Cash Yield” (joint with Kristen Willard), Unpublished Working Paper, first draft November 1998.

Professional Activities:

Series 7 and 63 Certification

Coeditor, Journal of Economics & Management Strategy, 2005-2010

Associate Editor, Journal of Finance, 2000-2003, Financial Management, 1999-2006

Advisory Editor, Social Sciences Electronic Publishing, Financial Economics Network Educator: Courses, Cases, and Teaching Abstracts, 2000-present, Financial Economics Network Course Electronic Journal, 1998-2000

Program Committee, Western Finance Association Meetings, 1996-2006

Program Committee, Financial Management Association European Conference, 2005-2006

Nominated for Director, American Finance Association, 2004

Panelist, Financial Management Association Doctoral Consortium, 2001

Nominations Committee, American Finance Association, 1995

Recent Major Speeches:

2011 Columbia Women in Business Mentoring Lunch

2011 Columbia Business School Inaugural Program for Financial Studies Conference, Corporate Finance in a World of Uncertain Valuations (Moderator)

2011 Columbia Business School Conference, Financial Careers in Banking and Corporations (Moderator)

2011 Columbia Business School Graduation, Faculty Showcase

2010 Columbia Business School Conference, Financial Careers in Banking and Corporations (Moderator)

2010 Columbia Business School Orientation Reception Speaker

2010 Columbia Business School Reorientation Speaker

2010 Columbia Business School Graduation, Faculty Showcase

2010 Columbia Business School Reunion Case Teaching

2010 Columbia Business School External Relations Academy

2009 Columbia Business School Investment Banking Club Interview Power Prep

2009 Columbia Business School Conference, Financial Careers in Banking and Corporations (Moderator)

2009 Columbia Business School Faculty Orientation Presentation

2009 Columbia Business School Admissions Open House

2009 Columbia Business School Orientation Session on Corporate Governance

Session Chair:

Five Star Conference on Research in Finance, 2008

Summer Meetings of The Western Finance Association, 1996, 1999, 2003

Winter Meetings of The Econometric Society, 1992

Discussant:

Annual Conference on Financial Economics and Accounting, 1995, 1997

Columbia/NYU Joint Conference, 1997

Fall NBER Corporate Finance Workshop, 2001, 2002

Five Star Conference on Research in Finance, 2004

Spring NBER Corporate Finance Workshop, 1995, 1997

Summer NBER Corporate Finance Workshop, 1998

Summer Meetings of The Western Finance Association, 1990, 1991, 1993, 1994, 1996, 1997, 1998

Winter Meetings of The American Economic Association, 1989

Winter Meetings of The American Finance Association, 1992, 1993, 1998, 2000, 2004, 2005

Winter Meetings of The Econometric Society, 1988

Charitable Activities:

Duke University:
Alumni Interviewer, 1999-2011
Graduate School Board of Visitors, 2010
Leadership Gifts Committee, 2003-2004, 2008-2009
20th Reunion Planning Committee, 2003-2004
Admissions Forum, Panelist, 2001

Horace Mann School:
Class Captain Annual Fund, 2004-2005, 2005-2006, 2006-2007

Junior League of Greenwich:
Sustainer, 2008-Present

Junior League of Central Westchester:
Sustainer, 2005-2008
Active Advisory, 2003-2005
Chair, Helping Hands, 2002-2003
Advisory Planning, 2001-2002
Nominating and Placement, 2000-2002
Director, 1999-2000
Treasurer, 1999-2000
First Year Active Volunteer Achievement Award, 1999
Finance Chair, 1998-1999
Chair, Fund Development Ways and Means, 1998-1999
Art Auction Committee, Spring 1998
Provisional, Fall 1997

St. James the Less:
Capital Campaign Committee, 2005
Enhancements Committee, 2005
Altar Guild, 2003-2004

Scarsdale Union Free School District:
PT Budget Study Committee, 1999-2000, 2000-2001, 2001-2002, 2004-2005

Convent of the Sacred Heart School:
Class Captain/Vice Chair Annual Fund, 2002-2003, 2003-2004
Treasurer, Auction Gala, 2003

Fox Meadow School:
Learning to Look, Educator, 1997-1998, 1998-1999, 1999-2000, 2000-2001 Faculty Recognition Luncheon Committee, Member, 1998-1999, 1999-2000