WRDS Advanced Research Scholar Program – Faculty Speakers

Christopher Armstrong – Accounting Department
Professor Christopher Armstrong’s research focuses issues related to corporate governance, debt and executive compensation contracting, corporate valuation, and cost of capital. Professor Armstrong serves on the editorial boards of the Journal of Accounting and Economics, Journal of Accounting Research, and The Accounting Review. Professor Armstrong’s research has been published in top-tier academic journals including The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Journal of Financial Economics, Review of Financial Studies, Operations Research, Review of Accounting Studies, and Journal of Financial Reporting.  Professor Armstrong teaches Introduction to Financial Accounting (ACCT 611) in the MBA program. He received a PhD in Accounting from the Stanford University Graduate School of Business, Master of Professional Accounting from the University of Texas at Austin, and BS in Commerce from the University of Virginia. More>>

Itamar Drechsler – Finance Department
Professor Drechsler’s areas of research are asset pricing, financial intermediation, macro finance, and monetary policy. His work has been published in top-tier economics and finance journals, including The Quarterly Journal of Economics, The Journal of Finance, and The Review of Financial Studies. He is currently an associate editor of The Journal of Finance and the Journal of Political Economy, a Research Associate with the National Bureau of Economic Research, and a regular speaker at the seminar series of top finance departments, the Federal Reserve banks, and at academic conferences. Prior to joining Wharton, Professor Drechsler was an associate professor of finance at New York University’s Stern School of Business, where he worked for nine years. He received his B.S. in Economics, his B.S.E. in Computer Science and his M.A. in Mathematics from the University of Pennsylvania, and his Ph.D. in Finance from the Wharton School of the University of Pennsylvania. More>>

Donald Keim – Finance Department
Donald Keim is the John B. Neff Professor of Finance and Director of the Rodney L. White Center for Financial Research at the Wharton School, University of Pennsylvania.  His research has dealt with: the relation between stock returns and firm characteristics (dividend yields, market cap, earnings/price ratios); tests of asset pricing models; the behavior of institutional investors with respect to trading, stock holdings, and corporate governance; the investment choices of participants in defined contribution pension plans; and the risks and returns of stock market-based real estate investments.  He is currently a member of the FTSE Group`s Academic Advisory Board, a member of the advisory board of Wharton Research Data Service (WRDS), and a member of the Investment Committee of the University of Pennsylvania Tax-Deferred Retirement Plan. He received his undergraduate degree from Bucknell University and a PhD from the University of Chicago. More>>

Daniel Taylor – Accounting Department
Professor Daniel Taylor’s research focuses on the economic consequences of financial reporting, and how managerial incentives affect financial reporting. His research appears in leading academic journals including The Accounting Review, Contemporary Accounting Research, Journal of Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, Journal of Financial Economics, and Management Science. His research has been featured in the popular media, including such outlets as the Wall Street Journal and the New York Times, and has been cited in final rulings by the U.S. Securities and Exchange Commission. He regularly attends and presents at professional meetings and was previously awarded a Deloitte Foundation Fellowship. Professor Taylor teaches Introduction to Financial Accounting to undergraduates and Empirical Design in Accounting Research to PhD students. He received a PhD in Business from Stanford University, a MA in Economics from Duke University, and a BS in Economics from the University of Delaware. More>>