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Olin Faculty


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Faculty Details
Mark Leary

Assistant Professor of Finance


Area of Expertise:

Asset Pricing, Financial Economics, Corporate Finance

Research Interests:

Empirical corporate finance - capital structure, payout policy, security issuance and financial intermediaries


Selected Publications:

  • "The Pecking Order, Debt Capacity, and Information Asymmetry", Journal of Financial Economics, with M. Roberts, 2010
  • "Bank Loan Supply, Lender Choice, and Corporate Capital Structure", Journal of Finance, 2009
  • "Do Firms Rebalance their Capital Structures?", Journal of Finance, with M. Roberts, 2005

View More Publications

Academic/Professional Activities:

  • Committee Member, 2007 Utah Winter Finance Conference
  • Committee Member, 2008 Utah Winter Finance Conference
  • Committee Member, 2009 Utah Winter Finance Conference
  • Committee Member, 2010 Utah Winter Finance Conference
  • Committee Member, 2010 Western Finance Conference
  • Reviewer, Ad Hoc Reviewer, Journal of Finance
  • Reviewer, Ad Hoc Reviewer, Journal of Financial Economics
  • Reviewer, Ad Hoc Reviewer, Review of Financial Studies
  • Discussant, Caesarea Center Academic Conference
  • Committee Member, FIRS Conference
  • Discussant, Olin Business School Corporate Finance Conference
  • Discussant, Western Finance Association Meeting
  • Discussant, American Finance Association Meeting
  • Committee Member, Caesarea Center Academic Conference
  • Discussant, American Finance Association Meeting


Awards/Honors:

  • Clifford H Whitcomb Faculty Fellowship, 2009
  • Brattle Group Prize for Distinguished Paper, Journal of Finance, 2006
  • Best Paper in Corporate Finance, Southwestern Finance Association Meetings, 2004
  • Competitive Paper Award in Corporate Finance, Financial Management Association Meetings, 2004


Personal Interests:

Professor Leary enjoys jazz and blues music, sports, and spending time with his family.
Mark  Leary

Professor Leary joined Olin in 2010. He taught previously at Cornell University and, prior to his academic career, worked for CVS Corp. and the Federal Reserve Bank of NY. Leary's research investigates the motives behind corporate financial policy decisions, including leverage, security issuance, dividend and share repurchase decisions. His work has demonstrated the roles of adjustment costs, credit conditions, and peer firms in affecting financial policy.

Mark Leary's Curriculum Vitae
Email: leary@wustl.edu
Phone: (314) 935-6394

PhD 2006, Duke University
MBA 1998, New York University, Stern School of Business
BA 1994, Rutgers University