Anjan Thakor

Senior Associate Dean and John E. Simon Professor of Finance

Areas of Expertise:

Banking and Financial Institutions; Corporate Strategy; Finance/Investments - Corporate Finance; Innovation and Growth

Research interests:

Corporate finance, financial intermediation and economics of asymmetric information.

Selected Publications:

To view publications by this professor, visit the Publications and Working Papers section of our site.

"Relationship Banking, Fragility, and the Asset-Liability Matching Problem," Review of Financal Studies, with F. Song, Forthcoming
"The Entrepreneur's Choice between Private and Public Ownership," Journal of Finance, with A. Boot, R. Gopalan, April 2006
"Capital Requirements, Monetary Policy and Aggregate Bank Lending: Theory and Empirical Evidence," Journal of Finance, Issue 51-1, 279-324, March 1996
"Financial Intermediation as Beliefs-Bridge Between Optimists and Pessimists," Journal of Financial Economics, Issue 75-3, 535-570, with J. Coval, March 2005
"Reputation and Discretion in Financial Contracting," American Economic Review, Issue 83-5, 1165-1183, with A. Boot, S. Greenbaum, December 1993
"Shareholder Preferences and Dividend Policy," Journal of Finance, Issue 45-4, 993-1018, with M. Brennan, September 1990
"Why Do Firms Issue Equity?" Journal of Finance, Issue 62-1, 1-54, with A. Ditmar, February 2007

Academic/professional activities:

Western Finance Association Program Committee: 1985 to 1998, 2006
Publisher: Academic Press (First issue published March 1990)
President: Financial Intermediation Research Society, 2005-07
Associate Editor: Journal of Banking and Finance
Managing Editor: Journal of Financial Intermediation, 1996-2005
Financial Management Guest Editor: Special Issue of Financial Management (Sumn 1993) on "Corporate Investments"

Awards/honors:

Reid MBA Teaching Award, Olin School of Business, Washington University, 2005
Awarded Outstanding Teacher in Doctoral Program for the University of Michigan Business School, 2003
American Finance Association Nominating Committee for Vice-Presidents and Directors, 2001
Outstanding Senior Faculty Research Award at the University of Michigan Business School, 1999
Nobel Prize in Economics Nominating Committee, 1993-2003

Personal interests:

Professor Thakor enjoys painting, skiing and weight lifting.

Prior to joining the Olin Business School, Thakor was The Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has served on the faculties of Indiana University, Northwestern University, and UCLA. He has worked with many companies, including Whirlpool Corporation, Allision Engine Co., Citigroup, RR Donnelley, Dana Corporation, Anheuser-Busch, Zenith Corporation, Lincoln National Corporation, J.P. Morgan, Landscape Structures, Inc., CIGNA, Borg-Warner Automative, Waxman Industries, Reuters, The Limited, Ryder Integrated Logistics, AT&T, CH2M Hill, Takata Corporation, Tyson Foods, Spartech, and Bunge. He also served as an expert witness in many federal cases involving banking litigation.

Anjan Thakor's home page
Anjan Thakor's curriculum vitae (pdf *)
Email: Thakor@wustl.edu

Ph.D. 1979, Northwestern University