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Alexander Dyck

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Alexander Dyck

Professor of Finance and Economic Analysis and Policy
Manulife Financial Chair in Financial Services
Cross Appointed to Faculty of Law
Academic Director, David & Sharon Johnston Centre for Corporate Governance
Director, Capital Markets Institute.

Degrees:

PhD in Economics, Stanford University
BA (Hons.), Economics and Political Science, University of Western Ontario

Email:

Send an email to Alexander Dyck

Phone:

(416) 946-0819

Personal Website:
http://inside.rotman.utoronto.ca/dyck/

Bio

Alexander Dyck is a Professor of Finance and Economic Analysis and Policy, Director of Capital Markets Institute and Academic Director, David & Sharon Johnston Centre for Corporate Governance 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

  • 2009- present

    Professor of Finance and Economic Analysis and Policy, Manulife Financial Chair in Financial Services, Rotman School of Management, University of Toronto

  • 2016-2017

    Vising Senior Research Scholar(Law) and Visiting Professor of Finance, Yale

  • 2009-2010

    Visiting Scholar, INSEAD

  • 2004-2009

    Associate Professor, Rotman School of Management, University of Toronto

  • 1998-2004

    Associate Professor, Harvard Business School

  • 1993-1998

    Assistant Professor, Harvard Business School

Non-Academic Positions

  • 2023-

    Research Member, European Corporate Governance Institute

  • 2023-2027

    Scientific Advisory Board Member, German Institute for Economic Research (DIW), Berlin

  • 2021-

    Member, Culture External Advisory Committee (CEAC), Office of the Superintendent of Financial Institutions (OSFI)

  • 2004- present

    Academic Director, Director's Education Program, Rotman School of Management

  • 2008-2010, 2013-2016

    Board Member, Rotman International Centre for Pension Management

  • 1998 - 2004

    Executive Education, Harvard Business School

  • 1999-2002

    Consultant, World Bank

  • Summer 91-92

    Research Associate, German Institute for Economic Research, Berlin

  • Summer 1990

    Research Associate, C.D. Howe Institute, Toronto

Selected Publications - Papers

Selected Publications - Books and Chapters

Recent Presentations

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

  • 1987

    1987 Nisbet Award in Economics, Saint Andrews University (Scotland)

  • 1988

    1988 Gold medal for Economics and Political Science, University of Western Ontario

  • 1989-1993

    Social Sciences and Humanities Research Council of Canada Doctoral Fellowship,

  • 1992

    Linde and Harry Bradley Foundation Fellowship, Stanford University Fellowship, Outstanding Teaching Assistant, Economics, Stanford University

  • 20,092,006

    Professor of the Year, Rotman School of Management

  • 2013, 2012, 2011, 2009,2008,2006,2005

    Excellence in Teaching Award, Rotman School of Management

  • 2007

    Jensen Award for Best Paper (second prize), Journal of Financial Economics

  • 2011

    Toronto CFA Society and Hillsdale Canadian Investment Research Award, CFA

  • 2013

    Best Paper Award, Review of Asset Pricing Studies

  • 2015 -

    Fellow of Michael Lee-Chin Family Institute for Corporate Citizenship , Rotman School of Management

Professional Affiliations/Memberships

  • Institute of Corporate Directors

Academic / Professional Service

  • 2019-present

    External Advisory Board member, OSFI, Conduct and Risk Division

  • 2019-present

    External Advisory Board member, OSFI, Conduct and Risk Division

  • 2002-2004

    Faculty Search Committee, BGIE area, Harvard Business School

  • 2002-2004

    Academic Performance committee, Harvard Business School

  • 2007-2010

    National Academic Director, Director's edcation Program, Rotman School of Management

  • 2008-2009

    Elected Member, Executive Committee, Rotman School of Management

  • 2005-2009

    Director, PhD program in Finance, Rotman School of Management

  • 2008-2010

    Chair, PhD Program Committee, Rotman School of Management

  • 2011-2013, 2021-2022

    Chair, Executive Committee, Rotman School of Management

  • 2007-2009, 2012-present

    Board Member, International Centre for Pension Management, Rotman

  • 2009-2012

    Research Committee, Rotman International Centre for Pension Management

  • 2006-present

    Academic Director, Directors Education Program, Rotman School of Management

  • 2015 -2018

    Chair, Specialized Graduate Programs Committee, Rotman School of Management