Faculty Directory
Andrey Malenko
Professor
Hillenbrand Family Faculty Fellow
Andrey Malenko
Contact
Fulton Hall 320C
Telephone: 617-552-3985
Email: andrey.malenko@bc.edu
Education
- BS, Higher School of Economics
- MA, New Economic School
- MS, Higher School of Economics
- Ph.D., Stanford University
Courses
Corporate Finance; Corporate Finance Theory
Research Interests
Corporate Finance; Corporate Governance; Auctions; Information Economics; and Organizational Economics.
Expertise
- Corporate Finance
- Capital Markets
- Innovation
- Financial Institutions & Asset Management
- Valuation, Asset Pricing, and Financial Statement Analysis
Google Scholar
Department
Selected Publications
“Corporate Governance Implications of the Growth in Indexing.” (With Alon Brav and Nadya Malenko.) Oxford Research Encyclopedia of Economics and Finance, forthcoming.
“Auctions with Endogenous Initiation.” (with Alexander S. Gorbenko.) Journal of Finance, forthcoming.
“Advising the Management: A Theory of Shareholder Engagement.” (With Ali Kakhbod, Uliana Loginova, and Nadya Malenko.) Review of Financial Studies, 36 (4), 1319-1363. April 2023. Editor’s Choice Article.
“Strategic Decisions in Takeover Auctions: Recent Developments.” (With B. Espen Eckbo and Karin S. Thorburn.) Annual Review of Financial Economics, 12, 237-276. 2020.
“Proxy Advisory Firms: The Economics of Selling Information to Voters.” (With Nadya Malenko.) Journal of Finance, 74 (5), 2441-2490. October 2019. Journal of Finance Brattle Group Prize for Distinguished Paper in Corporate Finance.
“Optimal Dynamic Capital Budgeting.” Review of Economic Studies, 86 (4), 1747-1778. July 2019.
“Selling to Advised Buyers.” (With Anton Tsoy.) American Economic Review, 109 (4), 1323-1348. April 2019.
“The Timing and Method of Payment in Mergers when Acquirers are Financially Constrained.” (With Alexander S. Gorbenko.) The Review of Financial Studies, 31 (10), 3937-3978. October 2018.
“Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment.” (With Steven R. Grenadier and Nadya Malenko.) American Economic Review, 106 (9), 2552-2581. September 2016.
“A Theory of LBO Activity based on Repeated Debt-Equity Conflicts.” (With Nadya Malenko.) Journal of Financial Economics, 117 (3), 607-627. September 2015.
“Strategic and Financial Bidders in Takeover Auctions.” (With Alexander S. Gorbenko.) Journal of Finance, 69 (6), 2513-2555. December 2014.
“Investment Busts, Reputation, and the Temptation to Blend in with the Crowd.” (With Steven R. Grenadier and Ilya A. Strebulaev.) Journal of Financial Economics, 111 (1), 137-157. January 2014.
“Real Options Signaling Games with Applications to Corporate Finance.” (With Steven R. Grenadier.) Review of Financial Studies, 24 (12), 3993-4036. December 2011.
"Competition among Sellers in Securities Auctions.” (With Alexander S. Gorbenko.) American Economic Review, 101 (5), 1806-1841. August 2011.
- “A Bayesian Approach to Real Options: The Case of Distinguishing Between Temporary and Permanent Shocks.” (With Steven R. Grenadier.) Journal of Finance, 65 (5), 1949-1986. October 2010.
Appointments and Awards
- Burridge Center Award for Best Paper at 2022 Colorado Finance Summit
- 2022 ECGI Finance Prize for Best Paper in the ECGI Finance Working Paper Series
- Charles River Associates Award for Best Paper on Corporate Finance, WFA (2022)
- China International Conference in Finance Best Paper Award (2022)
- Journal of Finance Brattle Group Prize for Distinguished Corporate Finance Paper (2019)
- Frank E. Perkins Award for Excellence in Graduate Advising in MIT Sloan School of Management (2019)
- 2020 Excellence in Refereeing Award, Journal of Accounting Research
- Distinguished Service Award for services as an Associate Editor, Management Science (2015, 2017, 2018, 2019, 2020, 2021)
- Distinguished Referee Award, Review of Financial Studies (2015)