Faculty - Christa Bouwman

Associate Professor, Banking and Finance

Ph.D., Michigan Business School, 2005
B.A., University in Groningen, 1993
M.A., University in Groningen, 1993
M.B.A., Cornell University, 1993

Christa Bouwman’s research interests are in corporate finance and financial intermediation. More specifically, she pursues research in the following three areas: bank liquidity creation and the role of bank capital; mergers and acquisitions; and behavioral finance. In the area of bank liquidity creation, she co-developed measures that can be used to assess how effective commercial banks are at achieving one of their prime objectives: creating liquidity. She studies how much liquidity banks create in the U.S. and around the world, the determinants of bank liquidity creation, its effect on economic growth, and its behavior around financial crises. In the area of mergers and acquisitions, she analyzes the link between stock market valuation and merger quality, and the effect of bank monitoring on bank performance. In the area of behavioral finance, she examines how managerial overconfidence / optimism affects financial policies.

Interests

Teaching

Corporate Finance, and Financial Intermediation

Research

Corporate Finance, Financial Intermediation, Mergers and Acquisitions, Behavioral Finance, and Corporate Governance.