Martin Schmalz is the NBD Bancorp Assistant Professor in Business Administration, Harry H. Jones Research Scholar, and an Assistant Professor of Finance at the University of Michigan’s Stephen M. Ross School of Business. Professor Schmalz is also a Faculty Affiliate of the Center on Finance, Law, and Policy at the University of Michigan, a Research Affiliate at the Centre for Economic Policy Research (London) and at CESIfo (München), and a Research Member with the European Corporate Governance Institute (ECGI). He has won a Teaching Excellence Award for his case-based class on “Valuation” in the daytime MBA curriculum, and now teaches a BBA elective on “Big Data in Finance” as well as a PhD course in corporate financial theory.
Professor Schmalz has published papers on entrepreneurship, corporate finance and governance, behavioral finance and asset pricing, and various studies of the asset management industry. His most recent research projects examine how the ownership structure of firms affects firm behavior and market outcomes. They have affected policy-making and antitrust enforcement worldwide.
His research has been published in The Journal of Finance, Journal of Financial Economics, and Review of Financial Studies, and has won various awards, including a Brattle Group Distinguished Paper Prize for one of the best papers published in The Journal of Finance. It has been covered, among others, by The New York Times, The Economist, Wall Street Journal, Financial Times, Bloomberg, The New Yorker, The Atlantic, Forbes, Fortune, Frankfurter Allgemeine Zeitung. He was invited to present to regulators and policy makers across the globe, including the US Department of Justice, The White House Council of Economic Advisers, European Commission, European Parliament, OECD, various central banks, and at universities across America, Europe, Asia, and Australia.