Umit G. Gurun
Professor of Accounting and Finance

University of Texas at Dallas
800 W Campbell Rd. SM 41
Richardson, TX  75024
Phone: (972) 883-5917
Skype ID: umit.gurun
Email: umit.gurun [at] utdallas.edu

Curriculum Vitae

SSRN Author Page


Brief Biography

Umit Gurun is professor of accounting and finance at the University of Texas at Dallas. He received his PhD from the Michigan State University. He is a past visiting professor at University of Texas at Austin (2010-2011) and Harvard University (2014). He is an associate editor of Management Science and a research economist at NBER. Professor Gurun's research focuses on a variety of issues in empirical asset pricing and corporate finance, including impact of financial media and advertising on asset prices. He is particularly interested in the ways that networks affect firm values and investor portfolio allocation. His research has been published in top journals, including Science, Journal of Finance, Review of Financial Studies, and Journal of Accounting Research. His recent research relates to the effects of patent litigation on corporate innovation. In this vein, he has been awarded a National Science Foundation grant to investigate the effects of patent litigation policy on innovation outputs. Finally, his research has also attracted attention in the popular press, with cites in the Fortune, Institutional Investor, and the Economist.

Selected Working Papers

[1] Trust Busting: The Effect of Fraud on Investor Behavior   
        with Noah Stoffman and Scott Yonker.
       DOWNLOAD PDF
(November 2016)
        Presented at 2016 Western Finance Association Meeting
        Winner of 2016 WFA Meeting Best Empirical Finance Paper Award

[2] Patent Trolls: Evidence from Targeted Firms   
        with Lauren Cohen and Scott Kominers.
       DOWNLOAD PDF
(August 2016)
        Presented at 2016 American Finance Association Meeting

[3] Real Estate Holdings of Public Firms and Collateral Discount   
        with Irem Demirci and Erkan Yonder.
       DOWNLOAD PDF
(November 2016)
        To be presented at 2017 American Finance Association Meeting

[4] Shielded Innovation   
        with Lauren Cohen and Scott Kominers.
       DOWNLOAD PDF
(July 2015)
        To be presented at 2017 American Economic Association Meeting

[5] Earnings and the Value of Voting Rights   
        with Oguzhan Karakas.
       DOWNLOAD PDF
(September 2016)
        To be presented at 2017 NYU/Wharton Conference

[6] ‘Troll’ Check: A Proposal for Administrative Review of Patent Litigation   
        with Lauren Cohen, John Golden and Scott Kominers.
        DOWNLOAD PDF
(August 2016)
        To be presented at 2017 American Economic Association Meeting

[7] Benefits of Publicity         
        DOWNLOAD PDF
(October 2016)

Selected Refereed Publications

[1] Lauren Cohen, Umit G. Gurun, and Chris Malloy, "Resident Networks and Corporate Connections: Evidence from World War II Internment Camps"   
        JOURNAL OF FINANCE, February 2017. DOWNLOAD PDF

[2] Umit G. Gurun, Gregor Matvos, and Amit Seru, "Advertising Expensive Mortgages"   
        JOURNAL OF FINANCE, October 2016. DOWNLOAD PDF

[3] Lauren Cohen, Umit G. Gurun, and Scott Duke Kominers, "The Growing Problem of Patent Trolling"   
        SCIENCE, 29 April 2016. THREE-MINUTE VIDEO SUMMARY OF THE PAPER

[4] Umit G. Gurun, Rick Johnston, and Stan Markov, "Sell Side Debt Analysts and Market Efficiency"  
        MANAGEMENT SCIENCE, 2015. DOWNLOAD PDF

[5] Zhi Da, Umit G. Gurun, and Mitch Warachka, "Frog in the Pan: Continuous Information and Momentum"   
        REVIEW OF FINANCIAL STUDIES, 2014. DOWNLOAD PDF

[6] Umit G. Gurun and Alex Butler, "Don’t Believe the Hype: Local Media Slant, Local Advertising, and Firm Value"  
        JOURNAL OF FINANCE, 2012.     DOWNLOAD PDF     INTERNET APPENDIX         THREE-MINUTE VIDEO SUMMARY OF THE PAPER

[7] Alex Butler and Umit G. Gurun, "Educational Networks, Mutual Fund Voting Patterns, and CEO Compensation"   
        REVIEW OF FINANCIAL STUDIES, 2012. DOWNLOAD PDF

[8] Willam M. Cready, and Umit G. Gurun, "Aggregate Market Reaction to Earnings Announcements"   
        JOURNAL OF ACCOUNTING RESEARCH, 2010. DOWNLOAD PDF

[9] Alex Butler, Jess Cornaggia, and Umit G. Gurun, "Substitution between Sources of Finance in Consumer Capital Markets"   
        MANAGEMENT SCIENCE,forthcoming. DOWNLOAD PDF

[10] Rebecca Files and Umit G. Gurun, "Lender Response to Peer and Customer Restatements"   
        CONTEMPORARY ACCOUNTING RESEARCH, forthcoming. DOWNLOAD PDF


Grants

National Science Foundation - Innovation Policy Grant   
        with Lauren Cohen and Scott Kominers (2015-2018).

Real Estate Research Institute Grant - Real Estate Fire Sales"   
        with Irem Demirci and Erkan Yonder (2015-2016).


Service to Profession

Associate Editor
        Management Science

Ad Hoc Referee
        American Economic Review
        American Economic Review
        Journal of Finance
        Review of Financial Studies
        Journal of Accounting Research
        Accounting Review
        Journal of Financial and Quantitative Analysis
        Management Science
        Review of Finance
        Review of Accounting Studies, and others

Discussant
        2016 Texas Lone star Conference, TCU - Discussant
        2016 ITAM, Mexico City - Discussant
        2015 Federal Reserve Cleveland – Household Finance Conference - Discussant
        2015 Florida State Conference - Discussant
        2015 RFS Cavalcade Conference - Discussant
        2015 AFA - Discussant
        2015 AEA - Discussant
        
Organizing Committee
        2017 FMA Europe Program Committee
        2017 Texas Finance Festival Program Committee
        2017 FMA Mexico Program Committee
        2016 Colorado Finance Summit Program Committee
        2015 FMA Napa Program Committee
        2015 FMA Annual Meeting Program Committee
        2014 FMA Annual Meeting Program Committee
        2013 FMA Annual Meeting Program Committee
        2013 RFS Cavalcade Program Committee
        2013 Midwest Finance Association Meeting Program Committee


Research Presentations

Conference presentations (including presentations by co-authors)
        Wharton 2016 Rodney White Center Conference
        NBER 2015 Behavioral Finance
        NBER 2015 Law and Economics
        NBER 2014 Real Estate
        NBER 2014 Innovation
        NBER 2013 Behavioral Finance
        NBER 2012 International Trade
        NBER 2011 Consumer Finance
        Western Finance Association 2011, 2016
        American Finance Association 2010, 2012, 2013, 2014, 2015, 2017*
        Texas Finance Festival 2009, 2016
        Journal of Accounting Research Conference 2009
        American Accounting Association Meeting 2005, 2010, 2011
        Financial Management Association 2005, 2009, 2010

Talks given at other universities (own presentations only)
        2017: University of Miami*
        2016: University of Illinois at Chicago, Queen's University, University of Cincinnati
        2015: DePaul, Mannheim University, University of Zurich, Sabanci University
        2014: Harvard Business School, HKUST, Singapore Management University
        2013: University of South Florida
        2012: Australia National University, University of Melbourne, Michigan State University
        2010: University of Texas at Austin
        2009: Georgia State University, University of Alabama
        2008: Michigan State University
        2004: University of Texas at Dallas

(*) Scheduled