Raghavendra Rau: Difference between revisions

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'''Raghavendra Rau''' holds the [[Sir Evelyn de Rothschild Professorship of Finance]] at the [[Judge Business School]] at the [[University of Cambridge]]. He isand the currentMercer’s FinanceSchool andMemorial AccountingProfessor subjectof group headBusiness at the[[Gresham schoolCollege]]. andHe is a founding director of the Cambridge Centre for Alternative Finance.
 
Before joining the University of Cambridge, Rau was an academic in the US teaching at universities such as the [[University of California at Berkeley]], the [[University of California at Los Angeles]] and [[Purdue University]]. He received his undergraduate degree in chemistry from [[Delhi University]] in 1987, an [[MBA]] from [[IIM Bangalore]] in 1989, and a Ph.D. degree from [[INSEAD]] in 1997. He is a past President of the [[European finance association|European Finance Association]] and the program chair for the 2023 annual 40th anniversary meetings of the [[EuropeanFinancial financeManagement associationAssociation|EuropeanFinancial FinanceManagement Association]] meetings in CambridgeChicago.
 
He is known for his research on [[market efficiency]]. His most heavily cited papers have been a paper that showed how glamour acquirers (acquirers with a high market-to-book ratio) underperformed relative to value acquirers in the long-term after making an acquisition,<ref>{{cite web | url=https://ssrn.com/abstract=262687 | title=Glamour, Value and the Post-Acquisition Performance of Acquiring Firms | date=18 April 2001 | last1=Vermaelen | first1=Theo | last2=Rau | first2=P. Raghavendra }}</ref> how firms that added a dotcom to the ends of their names during the 1999-2001 dotcom bubble experienced a surge in their stock prices,<ref>https://ssrn.com/abstract=242376</ref> and how firms in Hong Kong tunnel value away from their minority shareholders using related party transactions.<ref>https://ssrn.com/abstract=1008780</ref>
 
He is a past editor of ''Financial Management'',<ref>{{cite web |url=http://www.fma.org/Publications/FM/FMIndex.htm |title=Financial Management |website=www.fma.org |url-status=dead |archive-url=https://web.archive.org/web/20130821231206/http://www.fma.org/Publications/FM/FMIndex.htm |archive-date=2013-08-21}} </ref>. andHe Associateserves Editoron the editorial boards of several journals including the ''InternationalJournal Reviewof Corporate Finance'', ''Journal of Banking and Finance'', and the ''QuarterlyFinancial Journal of FinanceReview''. He won the Ig Nobel Prize in Management<ref>{{cite web | url=http://www.improbable.com/ig/winners/#ig2015 | title=Past Ig Winners | date=August 2006 }}</ref> in 2015 for his paper "What does not kill you will only make you risk-loving: Early-life disasters and CEO behavior".
 
==References==