Assistant Professor of Business Administration
Bo Becker is an assistant professor in the Finance Unit and has taught in the MBA curriculum and in executive programs. He currently teaches creating value through corporate restructuring in the second year of the MBA program. His research, which has been published in The Journal of Finance and the Journal of Financial Economics and other journals examines corporate credit markets and corporate ownership structure. His recent work on credit markets has concerned institutions such as credit ratings and bankruptcy law. His work on ownership concerns the determinants of payout policy and the role of large owners. Professor Becker is a Faculty Research Fellow in the National Bureau of Economic Research’s Corporate Finance program.
Professor Becker received a Ph.D. from the University of Chicago Booth School of Business and an undergraduate degree from the Stockholm School of Economics. He has taught at the University of Illinois. Before beginning his doctoral studies, he worked as a consultant and as an advisor to the prime minister of Sweden.
Professor Becker’s research revolves around the way financing supply and financial conditions affect firm behavior, investment, and financing choices. His work on financial contracting has revealed that, in recent years, greater competition has tended to lower rather than improve credit ratings quality. He has also studied the importance of bank finance for investment and growth among midsized firms. In several papers, Professor Becker has exploited geographical variation in the supply of finance and examined, among other things, payout policy and the impact of large shareholders on companies.
See the ‘Publications & Course Materials’ tab for links to papers.
Bond market; Bank lending; Credit markets institutions; Credit ratings
Large shareholders; agency conflicts between various investors; payout policy.