Education

Ph.D. in Business Economics, Department of Economics and Graduate School of Business Administration, Harvard University, 1986.
M.Sc. in Mathematical Economics and Econometrics, London School of Economics, University of London, 1977.
B.Sc.(Econ.) in Mathematical Economics and Econometrics, London School of Economics, University of London, 1976.

Professional Employment Record

2013 - present William A. Longbrake Chair in Finance, Robert H. Smith School of Business, University of Maryland.
2011 - present Department Chair. Department of Finance, Robert H. Smith School of Business, University of Maryland.
2007 - 2013 Dean's Chair in Finance, Robert H. Smith School of Business, University of Maryland.
2000 - 2007 Bank of America Professor of Finance, Robert H. Smith School of Business, University of Maryland.
1992 - 1999 Associate Professor, Robert H. Smith School of Business, University of Maryland.
1991 - 1992 Associate Professor, Faculty of Commerce, University of British Columbia.
1985 - 1991 Assistant Professor, Faculty of Commerce, University of British Columbia.
1983 - 1985 Instructor, Department of Economics, Harvard University. 
1980 - 1983 Teaching Fellow, Department of Economics, Harvard University.

Visiting Appointments

2005 - present Visiting Professor of Finance, Imperial College of Science and Technology, University of London.
2003 - 2004 Visiting Professor of Finance (International Appointment), University of Oxford.
1989 Visiting Assistant Professor, College of Business, University of Maryland.
1980 Temporary Economist, International Monetary Fund.

Research Interests

Corporate Finance (Empirical and Theoretical), Economics of Organizations, and Microeconomics, Industrial Organization, Competitive Strategy, and International Corporate Finance.