Jeffrey Zwiebel

Jeffrey   Zwiebel
Professor, Finance
Contact Info
JeffreyZwiebel
Academic Area: 
Finance

Research Statement

Jeffrey Zwiebel’s research focuses on the fields of corporate finance, organizations, the theory of the firm, and microeconomic theory. Particular topics of research interest include financial contracting, bargaining theory, intrafirm bargaining, contract theory, organizational design, political and social belief formation, corporate governance, executive compensation, capital structure, mergers and acquisitions, corporate valuation, and the economics of sports.

Bio

Jeffrey Zwiebel is the James C. Van Horne Professor of Finance at the Graduate School of Business, Stanford University. His research focuses on the fields of corporate finance, organizations, the theory of the firm, and microeconomic theory. Recent and ongoing research includes work on executive compensation, financial contracting, bargaining theory, mergers and acquisitions, persuasion bias in political and social belief formation and transmission, and the “hot-hand” in sports.

Jeff has taught MBA classes on Corporate Finance, Corporate Valuation, and Mergers and Acquisitions, and PhD classes on Corporate Finance Theory. He has been a National Fellow at the Hoover Institution and has received an Alfred P. Sloan Research Fellowship. Jeff received his PhD in Economics at MIT. He received an AB in Economics (with highest honors) at Princeton, where he also received the Halbert White ’72 Prize for the outstanding student in the economics department, and the Wolf Balleison Prize for the outstanding senior thesis in economics.

Academic Degrees

  • PhD, Massachusetts Institute of Technology, 1991
  • AB, Princeton University, 1987

Academic Appointments

  • At Stanford University since 1991
  • National Fellow, Hoover Institution, 1996
  • Alfred P. Sloan Research Fellow, 1996

Awards and Honors

  • Philip F. Maritz Faculty Fellow, 2017-2018
  • GSB Trust Faculty Fellow, 2015-2016

Publications

Journal Articles

Nicolae Gârleanu, Jeffrey Zwiebel. Review of Financial Studies. 2009, Vol. 22, Issue 2, Pages 749-781.
Peter M. DeMarzo, Dimitri Vayanos, Jeffrey Zwiebel. Quarterly Journal of Economics. 2003, Vol. 118, Issue 3, Pages 909-968.
Jeffrey Zwiebel. American Economic Review. 1996, Vol. 86, Issue 5, Pages 1197-1215.
Lars A. Stole, Jeffrey Zwiebel. Review of Economic Studies. 1996, Vol. 63, Issue 3, Pages 375-410.
Jeffrey Zwiebel. Journal of Political Economy. 1995, Vol. 103, Issue 1, Pages 1-25.

Teaching

Degree Courses

2018-19

This course covers the foundations of corporate finance including the management of capital structure, financial forecasting, dividend policy, financial distress, cost of capital and capital budgeting. It discusses the major financial decisions...

This course considers a wide range of topics in theoretical corporate finance (broadly interpreted). Topics include capital structure decisions, agency conflicts in the firm, dividend policy, security design, optimal financial contracting, the...

2017-18

This course will develop and apply the basic tools and models of corporate finance to real-world corporate decisions. This course is designed to be the second course in the standard finance sequence; that is, it is designed to be the natural...

(Same as FINANCE 214) This course will develop and apply the basic tools and models of corporate finance to real-world corporate decisions. This course is designed to be the second course in the standard finance sequence; that is, it is designed...

This course considers a wide range of topics in theoretical corporate finance (broadly interpreted). Topics include capital structure decisions, agency conflicts in the firm, dividend policy, security design, optimal financial contracting, the...

2016-17

This course will develop and apply the basic tools and models of corporate finance to real-world corporate decisions. This course is designed to be the second course in the standard finance sequence; that is, it is designed to be the natural...

This course considers a wide range of topics in theoretical corporate finance (broadly interpreted). Topics include capital structure decisions, agency conflicts in the firm, dividend policy, security design, optimal financial contracting, the...

Insights by Stanford Business

March 25, 2014
A Stanford finance professor finds that hot streaks in sports are no illusion. Economists should take heed.