Faculty
Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management.
Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including mergers, dividend policy, financial distress, and market efficiency. An empiricist, he investigates applied problems using real-world data. His most recent research examines analysts’ forecasts and market efficiency. MIT Sloan program students have recognized Asquith with 13 Teaching Excellence Awards.
Asquith holds a BA in economics from Michigan State University as well as an AM and a PhD in economics from the University of Chicago.
Current Research Focus: Asquith's recent research focuses on the effects of transparency on markets. The working paper, "The Effects of Mandatory Transparency in Financial Market Design," looks at the impact on market volume and market volatility from FINRA's requirement that all corporate bond trades be transparent. In addition, he is currently examining the effects of bond issuances and using them to test some of the theories of equity IPO’s. He is continuing a research project evaluating market design of short selling in the equity markets and the effects of the current structure which has a dealer serve as an intermediary between the lender and borrower of securities to be shorted.
Asquith, Paul, and Lawrence A. Weiss. Hoboken, New Jersey: John Wiley & Sons, Inc., 2019.
Weiss, Lawrence A. and Paul Asquith. Cambridge, MA: CreateSpace Independent Publishing Platform, 2014.
Asquith, Paul, Andrea Au, Thomas Covert and Parag Pathak. Journal of Financial Economics Vol. 107, No. 1 (2013): 155-182.
Asquith, Paul, Rebecca Oman and Christopher Safaya. Journal of Financial Markets Vol. 13, No. 1 (2010): 157-173.
Asquith, Paul, Anne Beatty and Joseph P. Weber. Journal of Accounting and Economics Vol. 40, No. 1 (2005): 101-128.
Asquith, Paul. Journal of Financial Economics Vol. 78, No. 2 (2005): 243-276.
‘Matt has been at the forefront of the financial services industry throughout his career’
