Professor Carola Frydman

Carola Frydman is the Harold L. Stuart Professor of Finance and the Faculty Director of the John L. Ward Center for Family Enterprises at the Kellogg School of Management, and a Research Associate at the National Bureau of Economic Research. Professor Frydman's research focuses on corporate finance and on American business and financial history. Recent research projects examine the evolution of financial markets during the early twentieth century, with special emphasis on the role of financial intermediaries for firm growth, and on financial crises. She has also studies the long-run trends in executive compensation, the market for managers, and corporate governance. Her work has been published at journals such as the American Economic Review, the Journal of Political Economy, the Journal of Financial Economics, the Review of Financial studies, and the Journal of Economic History, and featured in media outlets such as The Wall Street Journal, the New York Times, NPR, and The Economist, among others. She currently serves as an Associate Editor of the Journal of Finance, and has previously served as Co-Editor of Explorations in Economic History and on the board of various journals, including the Review of Financial Studies and the Journal of Economic History. Prior to joining Kellogg, Professor Frydman was an Assistant Professor of Finance at the MIT Sloan School of Management (2006-2011) and an Assistant Professor of Economics at Boston University (2011-2016). She holds a Ph.D. in Economics from Harvard University, and B.A. and M.A. degrees in Economics from Universidad de San Andres, Argentina.