LCB Profile
Wayne Mikkelson
Cameron Distinguished Chair in Finance
Office phone: 541-346-3390
E-mail: wmikkels@lcbmail.uoregon.edu
Personal Web Page: http://odin.lcb.uoregon.edu/wmikkels/homepage.html
Department: Finance
Office: 382 Lillis
Degree History
Ph.D., University of Rochester, 1980
M.S., University of Rochester, 1978
B.A., Macalester College, 1974
Recent Publications
"An Investigation of the Gains from Specialized Equity Claims," Financial Management, 32, 2003 (with Audra Boone and David Haushalter)
"Do Persistent Large Cash Reserves Hinder Performance?," Journal of Financial and Quantitative Analysis, 38, 2003 (with M. Partch)
"The Design of Financial Policies in Corporate Spinoffs," Review of Financial Studies, 16, 2003 (with V. Mehrotra and M. Partch)
"Ownership and Operating Performance of Companies that Go Public," Journal of Financial Economics, 44, 1997 (with M. Partch and K. Shah)
"The Decline of Takeovers and Disciplinary Managerial Turnover," Journal of Financial Economics, 44, 1997 (with M. Partch)
Current Projects:
"Do Favorable Market Conditions Lead to Costly Decisions to Go Public?" with Aziz Alimov, University of Arizona
Biography
Wayne Mikkelson holds the Cameron Distinguished Chair in Finance. His research focuses on corporate financing decisions and corporate governance. His published research deals with equity and convertible bond financing, dual class share structures, transactions in the market for corporate control, initial public offerings, corporate spin-offs and carve-outs, corporate liquidity policies, and tracking stock. Currently, he is investigating the stage of development of companies when they decide to go public. He is also investigating the role of cash reserves in explaining how firms fare when an industry goes into a downturn. Professor Mikkelson received his Ph.D. from the University of Rochester in 1980. In addition to the University of Oregon, he has served on the faculty of Dartmouth College, the University of Chicago, the University of Notre Dame, and University College Dublin. He has served as an editor of the Journal of Financial Economics. Currently, he is an advisory editor for the Journal of Financial EconomicS and an associate editor of the Journal of Financial and Quantitative Analysis. He has also served as director of the Ph.D. Program at the Lundquist College of Business and is currently the Finance Department Chairman.
