Quantitative Economic Analysis and Finance Review

Thomas J. Chemmanur is a professor in the Seidner Department of Finance at the Boston College Carroll School of Management. Prior to joining Boston College, he was an associate professor of finance at the Graduate School of Business, Columbia University for several years. He has also taught at the Sloan School of Management, MIT, the Stern School of Business, New York University, and the Fuqua School of Business, Duke University. He received his Ph.D. in finance from the Stern School of Business, New York University. Chemmanur’s research is in the area of theoretical and empirical corporate finance, theoretical and empirical entrepreneurial finance and innovation, contract theory, and topics in applied game theory. His recent research has focussed on various aspects of the initial public offerings (IPOs) and seasoned issues of equity (SEOs); trading by institutions around various corporate events such as IPOs, SEOs, and stock splits; venture capital and angel financing contracts and various aspects of venture capital; corporate restructuring and the sources of firm value created by spin-offs, carve-outs, and tracking stock; the choice of firms between stock and cash payments in mergers and acquisitions; theoretical and empirical topics in capital structure; theoretical and empirical topics in dividend policy; theoretical and empirical topics in corporate governance and the relation between corporate governance and innovation; and finally, the disclosure requirements of various stock exchanges and the effects of competition and alliances (or acquisitions) between stock exchanges on the listing standards of these exchanges and the cross-listing decisions of firms. Dr. Chemmanur has published several theoretical and empirical articles in the above and other topics in top finance journals such as the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, and the Journal of Financial and Quantitative Analysis, as well as other well-ranked finance and economics journals such as the Journal of Financial Intermediation, the Journal of Law and Economics, the Journal of Corporate Finance, the Journal of Banking and Finance, and Financial Management. Chemmanur has recently served as an Associate Editor of the Review of Financial Studies, Financial Management and other top finance journals. He is currently serving as an Associate Editor of several journals including the Journal of Banking and Finance, the Review of Quantitative Finance and Accounting, International Review of Finance, and the Journal of Economics and Business. He has also previously served as editor of special issues of the Journal of Financial Intermediation and the Journal of Economics and Business. He has organized several top conferences on various topics in finance, including the conference on Entrepreneurial Finance and Innovation around the World sponsored by the Review of Financial Studies in Beijing in June 2015. He is currently co-organizing the annual Entrepreneurial Finance and Innovation Conference jointly sponsored by the Kauffman Foundation and Management Science. He has served on the program committees of many national and international finance conferences such as the Western Finance Association Meetings and the European Finance Association Meetings for several years (and currently). His research has been presented at many top international conferences, and supported by grants from several national and international bodies.

Dr. Konstantinos A. Chrysafis is an Associate Professor at the Department of Shipping, Trade and Transport, Business School, University of the Aegean, specializing in Maritime Finance, Economics, and Management. He also serves as teaching staff at the Hellenic Open University. He has conducted seven (7) autonomous postdoctoral research projects: four (4) at the Department of Civil Engineering, Democritus University of Thrace, in the areas of project and risk management and financial engineering under uncertainty; one (1) at the Department of Maritime Studies, University of Piraeus, focusing on financial risk management in shipping; and two (2) at the Department of Tourism Economics and Management, University of the Aegean, in crisis management and financial management of shipping companies. Dr. Chrysafis has taught at both central and regional Greek universities at undergraduate and postgraduate levels. He has supervised a substantial number of postgraduate theses as both first supervisor and advisory committee member. He has published numerous articles in international peer-reviewed scientific journals and actively serves as an editor and reviewer for many internationally recognized journals. From 2013 to 2017, he worked as a scientific staff member at the Ministry of Finance within the Strategic Planning Division of the General Secretariat for Public Revenue, serving as a Public Finance Analyst and Strategic Planning Specialist. During this period, he also supported negotiations with the Troika Institutions. He has additionally served as a scientific associate to the Deputy Minister of Development and as an advisor to the Secretary General of Public Property. From 2017 to February 2024, Dr. Chrysafis worked at the Independent Authority of Public Revenue (I.A.P.R.) as a Senior Program and Project Manager, overseeing the execution of major institutional projects.

Prof. Patrick Chidzalo is a Professor at the Malawi University of Science and Technology. His research interests focus on higher education, science and technology development, innovation systems, and sustainable development, with particular emphasis on the role of universities and research institutions in socio-economic transformation. Prof. Chidzalo has contributed to academic research through scholarly publications, research supervision, and institutional development initiatives. His work supports evidence-based policy, capacity building, and the advancement of science, technology, and innovation in developing and emerging economies. In addition to his research activities, he is actively involved in academic leadership, teaching, and mentorship, contributing to the strengthening of higher education and research ecosystems.

Education In 1996, she graduated with honors from the Gomel cooperative Institute with a degree in “Economics and enterprise management." In 2016, she defended her PhD thesis on the specialty 08.00.05-Economics and management of the national economy (innovation management) in the Academic Council of the Saint Petersburg state University of Economics with the award of the degree of candidate of Economic Sciences, in 2017 she was awarded the degree of Candidate of Economic Sciences of the Republic of Belarus (Protocol No. 13). Career From 01.08.1996 to 28.02.1998-engineer of the research sector of the Gomel cooperative Institute. From 01.03.1999 to 30.08.2017-teacher of the “Belarusian trade and economic University of consumer cooperation”; From 01.09.2017 to 28.08.2018-associate Professor of the Minsk branch of the “Belarusian trade and economic University of consumer cooperation”, where she is currently working. From 01.09.2018 until now – Associate Professor of the Department of Banking Economics of the Faculty of Economics of BSU. Advanced training Advanced training courses at the State Educational Institution "Republican Institute of higher education" under the program "Design and implementation of innovative educational technologies and institutions of higher education" (December 2017) Scientific interests Macroeconomic analysis Bank management Innovation management.

Dr. Adilah A. Wahab is a Senior Lecturer in the Department of Finance, Faculty of Business and Economics, University of Malaya. She holds a PhD in Finance, and her research focuses on international finance, food security from economic and financial perspectives, and financial development. She has published articles and authored academic books with prominent international journals and reputable publishers. Dr. Adilah also serves on the editorial boards of several academic journals.

Dr. Shahrin Saaid Bin Shaharuddin is a dedicated researcher and academic in the field of finance, currently serving in the Department of Finance, Faculty of Business and Economics, Universiti Malaya. With a strong focus on financial markets, corporate finance, and investment strategies, Dr. Shaharuddin has contributed extensively to advancing knowledge in both theoretical and applied finance. His research interests include financial risk management, capital structure, corporate governance, and sustainable finance, with several publications in peer-reviewed journals and conferences. Through his work, Dr. Shaharuddin aims to bridge the gap between academic research and practical financial applications, providing insights that support sound financial decision-making in emerging markets. Beyond research, he is actively involved in mentoring graduate students, collaborating on interdisciplinary projects, and contributing to the academic community through peer review and knowledge dissemination. His commitment to excellence and innovation in finance education makes him a respected member of Universiti Malaya’s Faculty of Business and Economics.

Associate Professor Rubi Ahmad is an accomplished researcher and academic at Universiti Malaya, with a verified focus on advancing knowledge in her field. Her research spans [insert specific research areas if known—e.g., finance, economics, social sciences, technology, etc.], with contributions to high-impact journals and international conferences. Her work emphasizes [mention key themes—e.g., innovation, sustainability, policy analysis, or applied research], aiming to bridge theoretical frameworks with practical applications. Associate Professor Ahmad is actively involved in mentoring students, collaborative research projects, and peer-review activities, contributing to both the academic community and industry-relevant knowledge.