By Nathaniel Luce
NASHVILLE, Tenn. — Vanderbilt’s Owen Graduate School of Management adds to its strong research and teaching faculty with the addition of five new professors starting in the academic year 2013-2014.
“I’m pleased to welcome these accomplished new faculty members to Vanderbilt,” said Owen Dean, M. Eric Johnson. “The research our professors undertake has an important impact in the classroom — as well as the real world of business and organizations. I look forward to the contributions our newest professors will make.”
The new faculty members are:
Nicholas G. Crain
Assistant Professor of Management
Nicholas Crain came to Owen in 2013 after earning his Ph.D. in finance from the McCombs School of Business at the University of Texas at Austin. His dissertation, “Career Concerns and Venture Capital,” which examines the effect of career concerns on the pattern of investments selected by venture capital fund managers, was awarded the Runner-up 2012 Coller Ph.D. Prize by the London Business School. Prior to graduate school, Crain served as associate professor of naval science at the University of Idaho and as a division officer in the U.S. Navy aboard the USS Augusta, a nuclear-powered submarine.
Ph.D., Finance, University of Texas, 2013
M.S., Finance, University of Texas, 2009
M.A., Applied Economics, Washington State University, 2007
B.S., Mechanical Engineering, Carnegie Mellon University, 2001
His research interests include venture capital, private equity, corporate finance, and initial public offerings.
Kelly L. Haws
Associate Professor of Management
Marketing professor Kelly Haws studies consumer behavior, with a particular focus on issues related to consumer welfare. Prior to arriving at Owen in 2013, she served as assistant professor of marketing and Mays Research Fellow at Texas A&M University’s Mays Business School, where she was a three-time winner of the student-led SLATE Teaching Excellence Award. Her research has appeared in numerous publications, including the Journal of Consumer Research, the Journal of Marketing Research and the Journal of Consumer Psychology. She is also an editorial review board member for the Journal of Consumer Research and the Journal of Consumer Psychology, and the Journal of Public Policy & Marketing.
Ph.D., Marketing, University of South Carolina, 2007
M.B.A., Mississippi State University, 2000
B.B.A., Business Administration, Mississippi State University, 1999
Her research interests include self-control strategies, optimal consumption, measurement issues, and behavioral pricing.
Catherine F. Lee
Assistant Professor of Management
Catherine Lee joined the Accounting group at Owen in 2013 after earning her Ph.D. from the Booth School of Business at the University of Chicago. She studies political influence on financial statements, particularly with regard to the American Jobs Creation Act of 2004, which included one of the largest corporate tax cuts in years. Her research also has examined the impact of the introduction of credit default swaps on the debt market. In 2003–2007, Lee worked at JPMorgan Chase & Co., first as a finance and accounting analyst, and then as an investment banking associate in renewable energy.
Ph.D., Accounting, University of Chicago, 2013
M.B.A., University of Chicago, 2007
B.S.E., Operations Research and Financial Engineering, Princeton University, 2003
Her research interests include political influence, managerial decisions around financial reporting, regulation and standards setting, managerial incentives, the effect of taxes on business decisions, and risk management.
Michael D. Stuart
Assistant Professor of Management
Michael Stuart came to Owen in 2013 after receiving his Ph.D. in Business Administration (Accounting Emphasis) from the Sam M. Walton College of Business at the University of Arkansas. His research about the relation between CEO inside debt holdings and the riskiness of firm investment and financial policies appeared in the Journal of Financial Economics in 2012. Michael’s dissertation investigates the determinants and consequences of cheap stock awarded to CEOs in IPOs. He is also collaborating on a paper about short selling and the informativeness of stock prices with respect to future earnings. Michael is a certified public accountant and worked as an audit manager at Mayer Hoffman McCann, P.C. and as an audit senior at Ernst & Young, LLP.
Ph.D., Business Administration (Accounting Emphasis), University of Arkansas, 2013
C.P.A., Utah, 2006
M.Acc., Brigham Young University, 2002
B.S., Accountancy, Brigham Young University, 2002
His research interests include financial reporting, executive compensation, capital markets, and corporate governance.
Edward D. Van Wesep
Associate Professor of Management
Edward Van Wesep studies labor contracting, in theory and practice. For example, he considers how pay should be timed to help workers smooth consumption, how signing bonuses can signal a firm’s belief in its match with a potential hire, and how firms can out-earn their peers by establishing reputations for rewarding top performers with better job titles. Ongoing work concerns the design of teacher contracts and performance measures. His research has been published in the Review of Financial Studies, the Journal of Financial Economics and Management Science, as well as in other outlets. In the past, he worked as a business analyst at Capital One Financial and an associate at McKinsey & Co., and has entrepreneurial experience as a co-founder of the specialty finance firm Risk Allocation Systems.
Ph.D., Economics, Stanford University, 2007
Sc.B., Applied Mathematics – Economics, Brown University, 2003
His research interests include contracting, compensation, finance, game theory, microeconomics, and political economy.
Contact Person: Ryan Underwood Business Editor Owen Graduate School of Management
Contact Phone: (615) 322-3469
Contact Email: ryan.underwood@owen.vanderbilt.edu