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Lubomir P. Litov

Michael F. Price Professor, Associate Professor of Finance

Lubomir P. Litov

Department: Finance Division
Program Area: Corporate Governance, Mergers and Acquisitions, Corporate Finance, Corporate Strategy 
Office: Adams Hall Room 319
Phone: (917) 714-8794
E-mail: litov@ou.edu

Personal Website

CV (PDF)

 

Lubomir Litov is the Michael F. Price professor and associate professor in finance at the University of Oklahoma. He received his Ph.D. in Economics from Leonard Stern School of Business at the New York University. Prior to joining the Price College of Business, Dr Litov worked at the University of Arizona and the Washington University in St. Louis. He is also a research associate at the Financial Institutions Center at the Wharton School of the University of Pennsylvania. Dr Litov has published research in the Journal of Finance, Journal of Financial Economics, Journal of Accounting and Economics, Management Science, among others.

Accomplishments/Awards:

  • Best Paper Award, Corporate Governance Symposium, University of Delaware, 2014.
  • Cramer Faculty Award for Ethics, University of Arizona, 2013 (student-voted).
  • Don Wells Award for Outstanding Faculty Mentor, University of Arizona, 2013 (student-voted).
  • Eller “Undergraduate Faculty of the Year” Award, University of Arizona, 2012 (student-voted).
  • McGuire Entrepreneurship Center Grant Award, University of Arizona, 2012.
  • W. Sharpe Award for Best Paper published in Journal of Financial & Quantitative Analysis, 2011.
  • McGuire Entrepreneurship Center Grant Award, University of Arizona, 2011.
  • Reid Award for Excellence in Teaching, Washington University in St. Louis, 2008 (student-voted).
  • Glucksman Award for Best Working Paper in Finance, New York University, 2005.
  • Dean’s Commendation for Excellence in Teaching, New York University, 2004.
  • Paul Willensky Fellowship, New York University, 2004.
  • Benjamin Levy Fellowship, New York University, 2003.
  • Derivatives Research Project/ Salomon Center Fellowship, New York University, 2002-2003.
  • Leonard Stern School of Business Doctoral Fellowship, 2000-2002.
  • Nuffic Fellowship, Erasmus University Rotterdam, 1996.
  • Ashkenazi Fund Scholarship for Academic Excellence, 1994-1997.
  • Fund for American Studies Fellowship, 1995.

Degrees Earned:

Ph.D. in Economics, Leonard Stern School of Business, New York University

Publications:

• "Staggered Boards and Long-Term Firm Value, Revisited", with K.J. Martijn Cremers and Simone Sepe, Journal of Financial Economics, forthcoming.

• "Shared Auditors in Mergers and Acquisitions,” with Dan Dhaliwal, Phillip Lamoreaux and Jordan Neyland, Journal of Accounting and Economics, forthcoming.

• "Corporate Strategy, Analyst Coverage, and the Uniqueness Paradox," with Todd Zenger and Patrick Moreton, Management Science, 2012, Vol. 58, No. 6, 1-19.
[Lead Article – June Issue]

• "Lawyers and Fools: Lawyer-Directors in Public Corporations,” with Simone Sepe and Charles Whitehead, Georgetown Law Journal, Vol. 102, forthcoming.

• "Creditor Rights and Corporate Risk-Taking," with Viral Acharya and Yakov Amihud, Journal of Financial Economics, 2011 , Vol. 102, 150-166.

• "Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements," with Malcolm Baker, Jessica Wachter and Jeffrey Wurgler, Journal of Financial and Quantitative Analysis, 2010, Vol. 45, 1111-1131.
[Lead Article – August Issue]
[Winner of the William Sharpe Award for the best paper published in 2010 in the Journal of Financial and Quantitative Analysis.]

• "Managerial Entrenchment and Capital Structure: New Evidence," with Kose John, Journal of Empirical Legal Studies, 2010, Vol. 7, 693-742.

• "Earnings Persistence," with Richard Frankel, Journal of Accounting and Economics, 2009, Vol.47, 182-190.

• "Corporate Governance and Managerial Risk Taking," with Kose John and Bernard Yeung, Journal of Finance, 2008, Vol. 63, 1679-1728.

• "Large Investors, Price Manipulation, and Market Breakdown: An Anatomy of Market Corners," with Franklin Allen and J.P. Mei, Review of Finance, 2006, Vol. 63, 645-693.

• "Corporate Governance and Financing Policy: New Evidence," with Kose John, revision requested at the Journal of Financial Intermediation.