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Jan Mahrt-Smith

Jan Mahrt-Smith

Associate Professor of Finance
Cross-Appointed to the School for the Environment


PhD in Financial Economics, Massachusetts Institute of Technology (MIT)
BSc in Business Administration, Boston University, 1991


Jan Mahrt-Smith is an Associate Professor of Finance and cross-appointed to the School for the Environment. He teaches MBA, Commerce, and Executive Education courses in Corporate Finance and Sustainable Finance. He has won several of the highest teaching awards from the MBA students and the Dean. Jan has consulted with Citibank, Scotia, Corus Entertainment and others. He has published in the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, among others. Jan holds a PhD from M.I.T. (1998) and was on the faculty of the London Business School from 1998-2002.

Academic Positions

  • 2015-present

    Academic Director, FT MBA Program, Rotman

  • 2007-Present

    Associate Professor of Finance, Rotman School of Management, University of Toronto

  • 2002-2007

    Assistant Professor of Finance, Rotman School of Management, University of Toronto

  • 1998-2002

    Assistant Professor of Finance, London Business School, UK

Selected Publications - Papers

  • Corporate Governance and the Value of Cash

    with Amy Dittmar (Michigan)

    Journal of Financial Economics



  • Should Banks Own Equity Stakes in their Borrowers?

    Journal of Banking and Finance



  • The Interaction of Capital Structure and Ownership Dispersion

    Journal of Business



  • International Corporate Governance and Corporate Cash Holdings

    with Amy Dittmar (Michigan) and Henri Servaes (London Business School)

    Journal of Financial and Quantitative Analysis



Research and Teaching Interests

Sustainable Finance, Corporate Finance

Honors and Awards

  • 2004

    MBA Award for "Best 24/7 Service" (1st and 2nd Year), Rotman School of Management

  • 2005

    Roger Martin and Nancy Lang Award for Excellence in Teaching, Rotman School of Management

  • 2003 & 2007

    MBA Professor of the Year (1st Year), Rotman School of Management

  • 2015, 2016

    Most Engaged Professor, Rotman

Professional Affiliations/Memberships

  • Society for Teaching and Learning in Higher Education

  • Financial Management Association

  • Northern Finance Association

  • Western Finance Association

  • American Finance Association

Academic / Professional Service

  • 2004 - 2007

    Executive Committee, Rotman School of Management

  • 2006 - 2012

    Academic Director, Master of Finance Program, Rotman School of Management

  • 2013-present

    Graduate Education Council, SGS, University of Toronto

  • 2015-present

    University Governing Council, University of Toronto