Associate Professor of Finance
Coulter Family Faculty Scholar for 2012-2013
Professor Jenter's work focuses on the interaction of managers and firms with (possibly inefficient) capital markets. Recent research projects have examined the capital structure decisions of U.S. firms, option and stock compensation for top executives and other employees, insider trading by managers, the role of institutional investors in mergers and acquisitions, and the effects of the business cycle on forced CEO turnover.
Dirk Jenter is an Associate Professor of Finance at the Graduate School of Business, Stanford University. He won the MBA Distinguished Teacher Award at the Stanford Graduate School of Business in 2012. Before joining Stanford, Professor Jenter was an Assistant Professor of Finance at the MIT Sloan School of Management where he taught corporate finance in both the MBA and executive education programs. He won the MIT Sloan Teacher of the Year Award in 2005 and the MIT Sloan Award for Excellence in Teaching in 2007. Professor Jenter received his undergraduate education at the University of Frankfurt (Germany) and the University of Cambridge (UK), an M.Phil. degree in Economics from the University of Cambridge, and his M.A. and Ph.D. degrees in Business Economics from Harvard University.
Professor Jenter's research focuses on the interaction of managers and firms with capital markets. Recent research projects have examined the capital structure decisions of U.S. firms, option and stock compensation for top executives and other employees, insider trading by managers, the role of institutional investors in mergers and acquisitions, and the effects of the business cycle on forced CEO turnover. His research has won several awards and been featured in The Wall Street Journal, the Financial Executive Magazine, Smart Money Online, and on CNN. Professor Jenter is a Faculty Research Fellow of the National Bureau of Economic Research and serves as a referee for all top finance and economics journals.
Harvard University, Ph.D. in Business Economics, 1997-2002.
Thesis: Essays on the Interaction of Firms and Equity Markets.
University of Cambridge, Trinity College (UK) M. Phil. in Economics, 1996-1997.
Visiting Student Part II Economics, 1995-1996.
University of Frankfurt (Germany)
Pre-Diploma (Vordiplom) in Economics, 1993-1995
At Stanford since 2007. MIT Sloan School of Management, Cambridge. Assistant Professor of Finance, 2002-2007. Ford International Career Development Professor, 2006-2007. Robert C. Merton Career Development Professor, 2005-2006. National Bureau of Economic Research, Cambridge. Faculty Research Fellow, 2005-today.
- "Employee sentiment and stock option compensation": Journal of Financial Economics, Vol. 84 No. 3, June, 2007
- “Market Timing and Managerial Portfolio Decisions”: Journal of Finance, Vol. 60 No. 4, August, 2005
- “Selling Company Shares to Reluctant Employees: France Télécom’s Experience”: Journal of Financial Economics, Vol. 71 No. 1, January, 2004
- “CEO Turnover and Relative Performance Evaluation” (2008), with Fadi Kanaan.
- “Security Issue Timing: What Do Managers Know, and When Do They Know It?” (2007), with Katharina Lewellen and Jerold B. Warner.
- “Conflicts of Interests Among Shareholders: The Case of Corporate Acquisitions” (2007), with Jarrad Harford and Kai Li.
- “Executive Compensation, Incentives, and Risk” (2002)
- 1992: CEO Turnover and Relative Performance Evaluation
- 2069: CEO Compensation
- 2089: CEO Preferences and Acquisitions
Awards and Honors
- The MBA Distinguished Teacher Award, Stanford GSB, 2012
- Award for Excellence in Teaching, MIT Sloan School of Management, 2007
- Award for the Best Corporate Finance Paper, Western Finance Association Meeting, 2006
- Nomination for the Brattle Prize for the Best Corporate Finance Paper in the Journal of Finance, 2005
- Teacher of the Year, MIT Sloan School of Management, 2005
- Award for the Outstanding Doctoral Student Paper, Southern Finance Association Meeting, 2001
- Harvard Business School Fellowship, 1997-2001., 1997
- Senior Scholar and Research Scholar of Trinity College, Cambridge (UK), 1996-1997, 1996
- Scholar of the European Trust, Cambridge (UK), 1996-1997., 1996
- Scholarship from the British Council (UK), 1995-1996., 1995
- Scholarship from the German Academic Exchange Service (Germany), 1995-1996., 1995
- Member of the German National Scholarship Association (Germany), 1994-1997., 1994
- FINANCE 310: Managerial Finance - Advanced
- Member of the Program Committee: American Finance Association Meeting, 2008
- Member of the Program Committee: Financial Management Association Meeting, 2006
- Member of the Program Committees: Western Finance Association Meetings, 2006, 2007, and 2008
- Referee: Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Review of Finance, American Economic Review
- Referee: Journal of Political Economy, Quarterly Journal of Economics, Journal of Economic Theory, Economic Journal