Allen Michel

Professor, Finance
    Education
  • PhD, Cornell University, 1972
  • MA, Yale University, 1969
  • BS, Carnegie Mellon University, 1967
    Publications
  • Michel, A., Shaked, I., Oded, J. (In Press). "The Impact of Data Breaches on Shareholder Performance", European Financial Management
  • Michel, A., Shaked, I., Oded, J. (In Press). "Institutional Investors and Firm Performance: Evidence from IPOs", The North American Journal of Economics and Finance
  • Michel, A., Oded, J., Shaked, I. (In Press). Behavioral Finance: How Near is the End."Behavioral Finance: How Near is the End", World Scientific Publishers
  • Michel, A., oded, J., Shaked, I. (In Press). "Institutional Investors and Firm Performance: Evidence from IPOs", The North American Journal of Economics and Finance
  • Michel, A., Oded, J., Shaked, I. (In Press). Behavioral Finance: How Near Is the End."Behavioral Finance: How Near Is the End", World Scientific Publishers
  • Michel, A., oded, J., Shaked, I. (In Press). ""Do Security Breaches Matter? The Shareholder Puzzle"", European Financial Management
  • Michel, A., Oded, J., Shaked, I. (2019). ""Do Security Breaches Matter? The Shareholder Puzzle" summarized in the Columbia Law School's Blog on Corporations and the Capital Markets", Columbia Law School's Blog on Corporations and the Capital Markets
  • Michel, A., Oded, J., Shaked, I. (2015). "Index correlation: implications for asset allocation", Managerial Finance, 41 (11), 1236-1256
  • Oded, J., Michel, A. (2015). "Why Does DCF Undervalue Equities?", Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 19 (1)
  • , (2015). "Have We Learned from Previous Stock Meltdowns?", Journal of Global Economics, 03 (03)
  • Albuquerque, R., Gaspar, R., Michel, A. (2015). "Investment Analysis of Autocallable Contingent Income Securities", Financial Analysts Journal, 71 (3), 61-83
  • Michel, A., Oded, J., Shaked, I. (2014). "Ownership structure and performance: Evidence from the public float in IPOs", Journal of Banking and Finance, 40 54-61
  • Oded, J., Michel, A., Feinstein, S. (2011). "Distortion in corporate valuation: implications of capital structure changes", Managerial Finance, 37 (8), 681-696
  • Michel, A., Oded, J., Shaked, I. (2010). "Not All Buybacks Are Created Equal: The Case of Accelerated Stock Repurchases", Financial Analysts Journal, 66 (6), 55-72
  • Oded, J., Michel, A. (2008). "Avoiding Distortion in Corporate Valuation Litigation: An Application of Discounted Cash Flow", Journal of Forensic Economics, 20 (1), 31-48
  • Michel, A., Oded, J. (2008). "Reconciling DCF Valuation Methodologies", Journal of Applied Finance: theory, practice, education
  • Oded, J., Michel, A. (2008). "Stock repurchases and the EPS enhancement fallacy", Financial Analysts Journal, 64 (4), 62-75
  • Michel, A., Shaked, I., Plastino, D. (2007). "Had the Information Been Known: Lessons from Enron's Insolvency", American Bankruptcy Institute Journal
    Awards and Honors
  • 2017, Excellence Award - FT MBA Class of 2017 - Favorite Elective Professor, MBA Class - 2017
  • 2016, Achieved a perfect 5.0/5.0 in course teacher ratings, Fall 2016, FE820 Corporate Finance Class
  • 2016, Achieved a perfect 5.0/5.0 in course teacher ratings, Fall 2015, FE820 Corporate Finance Class
  • 2016, Nominated for "Professor of the Year" by the MBA Students, Spring 2016, MBA Students
  • 2016, Nominated for "Professor of Excellence" by Part Time MBA Students, Spring 2016, Part Time MBA Students
  • 2013, 2013 Professor of the Year, 2nd year MBA students
  • 2013, Recipient of an Alumni Research Gift of $10,000, Development
  • 2012, 2012 Professor of the Year, 2nd Year MBA Students
  • 2009, Graham and Dodd Award of Excellence, CFA Institute
  • 1996, Nominated for "Metcalf Award," the highest teaching honour at Boston University
  • 1995, Listed 9th on the list of the "Most Frequently Cited Financial Management Articles" over the previous 25 years
  • 1987, Article selected for inclusion in the Chartered Financial Analysts Study and Examination Program Review (with I. Shaked)
  • 1982, Winner of Outstanding Article of 1982, Journal of Risk and Insurance