Alexander Dyck
Bio
Alexander Dyck is a Professor of Finance and Economic Analysis and Policy at the Rotman School and holds the Manulife Financial Chair in Financial Services. He is a graduate of Western University (BA) and Stanford University (PhD). He is Academic Director of the Director’s Education Program, Director of the Capital Markets Institute, a Fellow at the Michael Lee-Chin Family Institute for Corporate Citizenship, and serves on the Academic Advisory Board of the Canadian Coalition of Good Governance, and on the External Advisory Board, OSFI, Culture and Conduct Risk Division. Previously, he was Associate Professor at the Harvard Business School where he taught in the MBA, doctoral and executive education programs, and has been a visiting scholar at INSEAD and Yale.
He teaches courses in Corporate Finance, Mergers and Acquisitions and Private Equity in the PhD, MBA and undergrad programs. His research interests include corporate governance, corporate finance, sustainability, pensions, regulation and privatization, the media and financial markets, and taxation.
Other Info
Academic Director, Directors' Education Programme; Past Board Member, Rotman International Centre for Pension Management; Fellow, Michael Lee-Chin Family Institute for Corporate Citizenship
Academic Positions
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2009- present
Professor of Finance and Economic Analysis and Policy, Manulife Financial Chair in Financial Services, Rotman School of Management, University of Toronto
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2016-2017
Vising Senior Research Scholar(Law) and Visiting Professor of Finance, Yale
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2009-2010
Visiting Scholar, INSEAD
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2004-2009
Associate Professor, Rotman School of Management, University of Toronto
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1998-2004
Associate Professor, Harvard Business School
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1993-1998
Assistant Professor, Harvard Business School
Non-Academic Positions
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2023-
Research Member, European Corporate Governance Institute
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2023-2027
Scientific Advisory Board Member, German Institute for Economic Research (DIW), Berlin
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2021-
Member, Culture External Advisory Committee (CEAC), Office of the Superintendent of Financial Institutions (OSFI)
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2004- present
Academic Director, Director's Education Program, Rotman School of Management
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2008-2010, 2013-2016
Board Member, Rotman International Centre for Pension Management
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1998 - 2004
Executive Education, Harvard Business School
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1999-2002
Consultant, World Bank
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Summer 91-92
Research Associate, German Institute for Economic Research, Berlin
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Summer 1990
Research Associate, C.D. Howe Institute, Toronto
Selected Publications - Papers
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Alexander Dyck, Adair Morse, Luigi Zingales
Review of Accounting Studies
2023
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Alexander Dyck, Paulo Manoel, Adair Morse
Review of Financial Studies
Issue:Volume 35, Issue 6
2022
Pages: 2928-2980
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Alexander Dyck, Karl Lins, Lukas Roth, Mitch Towner, Hannes Wagner
Journal of Accounting Research
2022
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Alexander Dyck, Craig Doidge, Hamed Mahmudi, and Aazam Virani
Review of Finance
Issue:23
2019
Pages: 893-933
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Alexander Dyck, Karl Lins, Lukas Roth and Hannes Wagner
Journal of Financial Economics
Issue:131:3
2019
Pages: 693-714
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Dyck, A., Pomorski, L.
Review of Finance
2015
Pages: 1-26
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Doidge and Dyck
Journal of Finance
Issue:70
2015
Pages: 45-89
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Dyck, Moss and Zingales
Journal of Law and Economics
Issue:56
2013
Pages: 521-553
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The Value of Active Management: International Evidence
Dyck, A., Lins, K., Pomorski, L.
Review of Asset Pricing Studies
Issue:3
2013
Pages: 200-228
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Dyck, Morse, Zingales
Journal of Finance
Issue:Vol. 65, Nol. 6
2010
Pages: 2213-2254
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Alexander Dyck, Natalya Volchkova, Luigi Zingales
Journal of Finance
Issue:Vol. 63, No. 3
2008
Pages: 1093-1136
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Mihir Desai, Alexander Dyck, Luigi Zingales
Journal of Financial Economics
Issue:Vol. 84, Issue 3
2007
Pages: 591-623
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With Luigi Zingales
FinanceThe Bank of America Journal of Applied Corporate Finance
Issue:Vol. 16, Iss. 2-3, Spring/Summer
2004
Pages: 51-73
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With Luigi Zingales
Journal of Finance
Issue:Vol. LIX, No. 2
2004
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With Michael Cragg
Journal of Law, Economics and Organization
Issue:Vol. 19, No. 1
2003
Pages: 176-217
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With Michael Cragg
Rand Journal of Economics
Issue:Vol. 30, No. 3
1999
Pages: 475-497
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I. J. Alexander Dyck
American Economic Review
Issue:Vol. 87, No. 4
1997
Pages: 565-597
Selected Publications - Books and Chapters
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Alexander Dyck, Adair Morse, Paulo Manuel
Review of Financial Studies
2021
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The Bubble and the Media,” in, Cornelius, Peter and Bruce Kogut (eds.), Corporate Governance and Capital Flows in a Global Economy
With Luigi Zingales
New York: Oxford University Press
2003
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With Luigi Zingales
Washington: The World Bank
2002
Recent Presentations
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Lins, K., Roth, L, Wagner, H.
Elsevier B.V.
2015
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Doidge, C, Mahmudi, H., Virani, A.
Elsevier B.V.
2015
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Dyck and Pomorski
European Winter Finance Conference
2011
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Dyck and Morse
NBER Asset Pricing Meetings
2010
Featured Work
'How Pervasive is Corporate Fraud?', by Dyck, Morse, and Zingales, Review of Accounting Studies, January 2023.
Paper available here: https://rdcu.be/c2RhV
Article about paper in New York Times Dealbook here: https://www.nytimes.com/2023/01/14/business/dealbook/how-common-is-corporate-fraud.html?referringSource=articleShare
Article about paper in Globe and Mail here: https://www.theglobeandmail.com/business/article-corporate-fraud-undetected-study/
Research and Teaching Interests
corporate governance, institutional investors, sustainability, corporate finance, pensions, international business, privatization, regulatory reform
Honors and Awards
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1987
1987 Nisbet Award in Economics, Saint Andrews University (Scotland)
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1988
1988 Gold medal for Economics and Political Science, University of Western Ontario
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1989-1993
Social Sciences and Humanities Research Council of Canada Doctoral Fellowship,
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1992
Linde and Harry Bradley Foundation Fellowship, Stanford University Fellowship, Outstanding Teaching Assistant, Economics, Stanford University
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20,092,006
Professor of the Year, Rotman School of Management
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2013, 2012, 2011, 2009,2008,2006,2005
Excellence in Teaching Award, Rotman School of Management
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2007
Jensen Award for Best Paper (second prize), Journal of Financial Economics
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2011
Toronto CFA Society and Hillsdale Canadian Investment Research Award, CFA
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2013
Best Paper Award, Review of Asset Pricing Studies
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2015 -
Fellow of Michael Lee-Chin Family Institute for Corporate Citizenship , Rotman School of Management
Professional Affiliations/Memberships
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Institute of Corporate Directors
Academic / Professional Service
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2019-present
External Advisory Board member, OSFI, Conduct and Risk Division
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2019-present
External Advisory Board member, OSFI, Conduct and Risk Division
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2002-2004
Faculty Search Committee, BGIE area, Harvard Business School
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2002-2004
Academic Performance committee, Harvard Business School
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2007-2010
National Academic Director, Director's edcation Program, Rotman School of Management
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2008-2009
Elected Member, Executive Committee, Rotman School of Management
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2005-2009
Director, PhD program in Finance, Rotman School of Management
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2008-2010
Chair, PhD Program Committee, Rotman School of Management
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2011-2013, 2021-2022
Chair, Executive Committee, Rotman School of Management
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2007-2009, 2012-present
Board Member, International Centre for Pension Management, Rotman
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2009-2012
Research Committee, Rotman International Centre for Pension Management
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2006-present
Academic Director, Directors Education Program, Rotman School of Management
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2015 -2018
Chair, Specialized Graduate Programs Committee, Rotman School of Management