Dirk Hackbarth
Associate Professor of Finance and Robert and Karen May Faculty Fellow
Education
Ph.D., Finance
University of California,
2003.
M.S., Finance
University of California,
2000.
M.Sc., Economics
London School of Economics,
1998.
B.S., Business Economics
University of Cologne,
1997.
Research Interests
Capital Structure, Corporate Investment, Mergers and Acquisitions, and Real Options
Research
Journal Articles
"The Firm-Level Credit Multiplier"
M. Campello,
D. Hackbarth,
Journal of Financial Intermediation,
(21)
July,
3
446-472
2012.
SSRN Abstract
"The Dynamics of Mergers and Acquisitions in Oligopolistic Industries"
D. Hackbarth,
J. Miao,
Journal of Economic Dynamics and Control,
(36)
April,
4
585-609
2012.
SSRN Abstract
"Optimal Priority Structure, Capital Structure, and Investment"
D. Hackbarth,
D. Mauer,
Review of Financial Studies,
(25)
March,
3
747-796
2012.
SSRN Abstract
"Governance and Equity Prices: Does Transparency Matter?"
L. Gu,
D. Hackbarth,
Review of Finance,
forthcoming
2012.
SSRN Abstract
"Liquidity Mergers"
H. Almeida,
M. Campello,
D. Hackbarth,
Journal of Financial Economics,
(102)
December,
3
526-558
2011.
SSRN Abstract
"Corporate Bond Credit Spreads and Forecast Dispersion"
L. Güntay,
D. Hackbarth,
Journal of Banking and Finance,
(34)
October,
10
2328-2345
2010.
SSRN Abstract
"Determinants of Corporate Borrowing: A Behavioral Perspective"
D. Hackbarth,
Journal of Corporate Finance,
(15)
September,
4
389–411 (Lead Article)
2009.
SSRN Abstract
"Managerial Traits and Capital Structure Decisions"
D. Hackbarth,
Journal of Financial and Quantitative Analysis,
(43)
December,
4
843-881
2008.
SSRN Abstract
"Stock Returns in Mergers and Acquisitions"
D. Hackbarth,
E. Morellec,
Journal of Finance,
(63)
June,
3
1213-1252
2008.
SSRN Abstract
"Can the Tradeoff Theory Explain Debt Structure?"
D. Hackbarth,
C. Hennessy,
H. Leland,
Review of Financial Studies,
(20)
September,
5
1213-1252
2007.
SSRN Abstract
"Capital Structure, Credit Risk, and Macroeconomic Conditions"
D. Hackbarth,
J. Miao,
E. Morellec,
Journal of Financial Economics,
(82)
December,
3
519-550
2006.
SSRN Abstract
Working Papers
"Asymmetric Information and the Pecking (Dis)Order"
P. Fulghieri,
D. Garcia,
D. Hackbarth,
2013.
SSRN Abstract
"Granularity of Corporate Debt"
J. Choi,
D. Hackbarth,
J. Zechner,
2013.
SSRN Abstract
"Does the Dearth of Mergers Mean More Competition?"
D. Hackbarth,
B. Taub,
2013.
SSRN Abstract
"Real Options and Risk Dynamics"
D. Hackbarth,
T. Johnson,
2012.
SSRN Abstract
"Financial Distress, Stock Returns, and the 1978 Bankruptcy Reform Act"
D. Hackbarth,
R. Haselmann,
D. Schoenherr,
2012.
SSRN Abstract
"Corporate Investment and Financing Dynamics"
D. Hackbarth,
D. Sun,
2012.
"Capital Structure, Product Market Dynamics, and the Boundaries of the Firm"
D. Hackbarth,
R. Mathews,
D. Robinson,
2011.
SSRN Abstract
Chapters in Books
"Financing Decisions"
J. Gider,
D. Hackbarth,
Chapter 21, pp. 393-412
In Behavioral Finance, (Eds: Kent Baker and John Nofsinger),
John Wiley & Sons: New York,
2010.
Honors and Awards
WU Gutmann Center Research Fellow
, Vienna University of Economics and Business
, 2011
List of Teachers Ranked Excellent by Their Students (B.S.)
, University of Illinois
, 2011
List of Teachers Ranked Outstanding by Their Students (B.S.)
, University of Illinois
, 2010
Best Conference Paper Award
, Swiss Society for Financial Market Research
, 2009
List of Teachers Ranked Excellent by Their Students (B.S.)
, University of Illinois
, 2009
List of Teachers Ranked Excellent by Their Students (Ph.D.)
, University of Illinois
, 2009
Campus Research Board's Travel Grant
, University of Illinois at Urbana-Champaign
, 2008
Best Conference Paper Award (Runner-Up Prize)
, European Finance Association
, 2006
Dean’s List of Excellence in Teaching
, Indiana University-Bloomington
, 2004-2005
Doctoral Dissertation Research Fellowship
, John M. Olin Foundation
, 2002
Campus-Wide Outstanding Graduate Student Instructor
, University of California-Berkeley
, 2001