Steven Kaplan (economist)
Encyclopedia
Steven Kaplan is the Neubauer Family Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He started teaching at the business school in 1988, and was named Neubauer Professor in 1999. He is also the Faculty director of the Polsky Center for Entrepreneurship, at the University.
and graduated with a PhD in business economics in 1988.
, in Fontainebleau
, France.
He is a Research Associate at the National Bureau of Economic Research
,
He is Associate Editor, Journal of Finance
, Journal of Financial Economics
,
European Financial Management, 1994- Journal of Corporate Finance, 2000-; Journal
of Empirical Finance 2001-; Journal of Financial and Quantitative Analysis. 1994-1998, Review
of Financial Studies, 1993-1996.
He is editor of "Mergers and Productivity,"(National Bureau of Economic Research, 2000)
Education
Steven Kaplan went to Harvard for college and graduated in 1981. Following this he went to Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
and graduated with a PhD in business economics in 1988.
Teaching
Steven Kaplan teaches advanced courses in corporate finance and entrepreneurial finance. His areas of expertise are: Venture Capital, Corporate Governance, Private Equity, Mergers and Acquisitions, Boards of Directors, and E-Commerce. He was named one of the top twelve business school teachers in U.S., Business Week, 1994, and one of the top four business school entrepreneurship professors in U.S., Business Week, 1996.Notability
In 2001, he was Visiting Professor at INSEADINSEAD
INSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel...
, in Fontainebleau
Fontainebleau
Fontainebleau is a commune in the metropolitan area of Paris, France. It is located south-southeast of the centre of Paris. Fontainebleau is a sub-prefecture of the Seine-et-Marne department, and it is the seat of the arrondissement of Fontainebleau...
, France.
He is a Research Associate at the National Bureau of Economic Research
National Bureau of Economic Research
The National Bureau of Economic Research is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community." The NBER is well known for providing start and end...
,
He is Associate Editor, Journal of Finance
Journal of Finance
The Journal of Finance is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association. It was established in 1946. Its current editors are Campbell R. Harvey and John R. Graham...
, Journal of Financial Economics
Journal of Financial Economics
The Journal of Financial Economics or JFE, is a peer-reviewed academic journal covering the theory of financial economics. Together with the Journal of Finance and the Review of Financial Studies, it is considered to be among the top three finance journal. The editor is Bill Schwert...
,
European Financial Management, 1994- Journal of Corporate Finance, 2000-; Journal
of Empirical Finance 2001-; Journal of Financial and Quantitative Analysis. 1994-1998, Review
of Financial Studies, 1993-1996.
Publications
He has published 27 peer-reviewd papers in the top journals in his subject. The most recent are:- “Private Equity Performance: Returns, Persistence and Capital Flows,” with Antoinette Schoar, Journal of Finance, Volume 60, August 2005.
- “Characteristics, Contracts, and Actions: Evidence From Venture Capitalist Analyses,” with Per Strömberg. Journal of Finance, Volume 59, October 2004, 2177-2210.
- “What is the Price of Hubris? Using Takeover Battles to Infer Overpayments and Synergies,” with Pekka Hietala and David T. Robinson, Financial Management, Volume 32, Number 3, Autumn, 2003. Awarded Addison-Wesley Prize for 2nd Best Paper in Autumn, 2002 to Summer, 2004 issues.
- “The State of U.S. Corporate Governance: What’s Right and What’s Wrong?” (with Bengt Holmstrom), Journal of Applied Corporate Finance, Spring 2003, 8-20.
- “Financial Contracting Theory Meets the Real World: Evidence From Venture Capital Contracts,” with Per Strömberg, Review of Economic Studies, Volume 70, April 2003, 281-316.
- “The Effects of Business-to-Business E-Commerce on Transaction Costs,” with Luis Garicano, Journal of Industrial Economics, December, 2001, 463-485.
He is editor of "Mergers and Productivity,"(National Bureau of Economic Research, 2000)