- Affiliate Associate Professor of Law
- Associate Professor of Finance, Price College of Business
B.S., University of National & World Economy, 1997
M.S., New York Univeristy, 2003
Ph.D., New York University, 2005
Lubomir Litov joined The University of Oklahoma College of Law as an affiliate faculty member in 2016. He is also 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, and Management Science, among others.
“Staggered Boards and Long-term Firm Value, Revisited” with K. J. Martijn Cremers and Simone Sepe, Journal of Financial Economics, 2017, Vol. 126: 422-444.
“Shared Auditors in Mergers and Acquisitions” with Dan Dhaliwal, Philip Lamoreaux and Jordan Neyland, Journal of Accounting and Economics, 2016, Vol. 61: 49-76.
“Lawyers and Fools: Lawyer-Directors in Public Corporations” with Simone Sepe and Charles Whitehead, Georgetown Law Journal, Vol. 102, 2013.
- Reprinted in the Corporate Practice Commentator.
- Reproduced in T.H. Maynard & D. M. Warren, Business Planning: Financing the Start-up Business and Venture Capital Financing (2014).
“Corporate Strategy, Analyst Coverage, and the Uniqueness Discount” with Todd Zenger and Patrick Moreton, Management Science, 2012, Vol. 58 (10): 1797-1815.
“Creditor Rights and Corporate Risk-taking” with Yakov Amihud and Viral Acharya, 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.
- Winner of the William Sharpe award for the best paper published in JFQA in 2010.
“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 (invited discussion of “Earnings Volatility and Earnings Predictability” by Ilia Dichev and Vicki Tang, Journal of Accounting and Economics, 2009, Vol. 47: 160-181).
“Corporate Governance and Risk-Taking” with Kose John and Bernard Yeung, Journal of Finance, 2008, Vol. 63: 1679-1728.
"Large Investors, Price Manipulation, and Market Breakdown - Anatomy of Market Corners,” with Franklin Allen and Jianping Mei, Review of Finance, 2006, Vol. 10: 645-693.
“Lead Independent Directors: Good Governance or Window Dressing?” with Landon Mauler and Phillip Lamoureux, Journal of Accounting Literature, 2019.
“Actively Keeping Secrets from Creditors: The Uniform Trade Secrets Act and Financial Leverage” with Scott Guernsey and Kose John, Journal of Financial and Quantitative Analysis, forthcoming.
“Expert Advice in the Presence of Conflicts of Interest: The Case of Star-Crossed Acquisitions” with Gil Aharoni, Bryan Lim, and Jordan Neyland, Review of Accounting Studies, forthcoming.
“The Rise of Dual-Class Stock IPOs” with Ofer Eldar, Yael Hochberg, and Dhruv Aggarwal, Journal of Financial Economics, accepted subject to minor revision.
Honors and 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