Charles M. Stone Associate Professor of Finance & Director of the Financial Economics Institute (FEI)
Areas of Expertise:
Nishant Dass is joining the Robert Day School of Economics and Finance as the Charles M. Stone Associate Professor of Finance. He is an empiricist by training and his field of research is Corporate Finance. He started his research career with a focus on two broad fields within Corporate Finance – Financial Intermediation and Corporate Governance. His interest in Financial Intermediaries was motivated by the important role that these entities play in capital allocation in the economy. His research in this field has highlighted both the effect that financial intermediaries have on firms as well as the internal functioning of these intermediaries, which include commercial banks, mutual funds, and venture capital firms. His interest in research on Corporate Governance is primarily driven by the fundamental role that Chief Executive Officers (CEOs) and Boards of Directors play within the firm. A special focus of his research has been the advisory role of directors and the effect of CEO’s incentive contracts. Over time, his research in financial intermediation and corporate governance intersected to highlight the role of innovative firms, thus sparking a new line of research on innovation over the last few years. He continues to research the many unique aspects of innovative firms and their special role in the economy.