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Stewart Myers

From Wikipedia, the free encyclopedia
Stewart Myers
NationalityAmerican
Academic background
Alma materWilliams College
Stanford University
Academic work
DisciplineEconomics
Sub-disciplineFinancial Economics
InstitutionsMIT Sloan School of Management

Stewart Clay Myers is the Robert C. Merton Professor of Financial Economics at the MIT Sloan School of Management.[1] He is notable for his work on capital structure and innovations in capital budgeting and valuation, and has had a "remarkable influence" on both the theory and practice of corporate finance.[2] Myers, in fact, coined the term "real option". He is the co-author with Richard A. Brealey and Franklin Allen of Principles of Corporate Finance, a widely used and cited business school textbook, now in its 11th edition. He is also the author of dozens of research articles.[3]

Career

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He holds an A.B. from Williams College and a Ph.D. and MBA from Stanford University.[4] He began teaching at MIT Sloan School of Management in 1966.[5]

His contributions are seen as falling into three main categories:[6]

Recent projects include the valuation of investments in R&D, risk management, and the allocation of capital in diversified firms, and the theory of corporate governance.

As of 2010, he was a principal of economic consulting firm The Brattle Group.[7] He is a past president of the American Finance Association,[8] a research associate of the National Bureau of Economic Research,[9] and a director of the Cambridge Endowment for Research in Finance.

Works

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  • Stewart C. Myers (ed) Modern Developments in Financial Management, Dryden Press, 1976, ISBN 9780275341008
  • Alexander A. Robichek, Stewart C. Myers, Optimal financing decisions, Prentice-Hall, 1965
  • Richard Brealey; Stewart Myers; Franklin Allen; Pitabas Mohanty (1988). Principles of Corporate Finance, 11e. MacGraw-Hill. ISBN 978-93-392-0502-7.
  • Richard A. Brealey, Stewart C. Myers, Capital Investment and Valuation, McGraw Hill Professional, 2003, ISBN 9780071383776

References

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  1. ^ "MIT Sloan". Archived from the original on December 7, 2007.
  2. ^ Wiley Interscience
  3. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2016-03-04. Retrieved 2010-05-12.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ "Stocks". 15 June 2023.[dead link]
  5. ^ "Why Stew Myers matters - MIT Sloan School of Management". mitsloan.mit.edu. Retrieved 2016-08-15.
  6. ^ "The Contributions of Stewart Myers to the Theory and Practice of Corp…". archive.ph. 2013-01-05. doi:10.1111/j.1745-6622.2008.00200.x. S2CID 31095247. Archived from the original on 2013-01-05. Retrieved 2021-12-20.
  7. ^ "Stewart (Stew) Myers - the Brattle Group". Archived from the original on 2011-07-08. Retrieved 2010-10-29.
  8. ^ "American Finance Association Fellows". Archived from the original on 2010-04-20. Retrieved 2010-05-12.
  9. ^ "Stewart C. Myers".
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