Professor Minton’s research focuses on corporate risk management, derivatives valuation, and corporate finance and governance. Her research has been published in top-tier financial economic journals, including the Journal of Financial Economics and Journal of Finance.

She has consulted for the Federal Reserve Bank of Chicago and the IPC Group and has conducted research for Salomon, Inc. and the Federal Reserve Bank of New York. Minton was nominated for the Smith Breeden Award in 1997 and received the Dean’s Summer Fellowship in 1999, the Fisher College’s Honors Program Undergraduate Teaching Award and the 2000 Pace Setters Undergraduate Teaching Award and Research Award.

Minton teaches business finance and derivatives to undergraduate business students and derivatives to MBA students, and has taught related topics for Fisher College’s executive education programs.

Areas of Expertise

• Exchange and Interest Rates
• Derivatives
• Valuation and Risk Strategies

Education

• PhD, University of Chicago, 1994
• MA, University of Chicago, 1990
• BA, Mount Holyoke College, 1986

Honors and Awards

• GARP Research Grant, 2007
• FDIC Research Grant, 2006
• Undergraduate Teaching Award, Fisher College of Business, 2005
• Caesarea Award, Western Finance Association Meetings, 2004
• Journal of Financial Economics, All-Star Paper for "Appointments of Outsiders to Japanese Boards: Determinants and Implications for Mergers"
• 2000 Forty Under Forty Honoree, Columbus, Ohio
• The Pace Setters Research Award, Fisher College of Business, 2000
• The Pace Setters Undergraduate Teaching Award, Fisher College of Business, 2000
• Fisher College of Business Small Seed Grant, 2000
• Undergraduate Teaching Award, Undergraduate Honors Program, 1999
• Nominated for Smith Breeden Award, 1997
• University Seed Grant, The Ohio State University, 1997
• Dean's Summer Fellowship Award, Fisher College of Business, The Ohio State University, 1997-2003 and 2006-2010
• University of Chicago Fellowships, 1989-1994
• Mount Holyoke Alumnae Graduate Fellowship, 1989

Finance 620-Honors - Business Finance

This course has been designed to help you prepare for a successful career in business.
You will develop the skills needed to examine how financial managers make value-maximizing
decisions.

Publications in Refereed Journals

• "Appointments of Outsiders to Japanese Boards: Determinants and Implications for Managers," with Steven N. Kaplan, Journal of Financial Economics, 1994
• "An Empirical Examination of Basic Valuation Models for Plain Vanilla Interest Rates Swaps," Journal of Financial Economics, 1997.
• "Why Firms Use Currency Derivatives," with Christopher Géczy and Catherine Schrand
Journal of Finance, 1997.
• "Does Cash Flow Volatility Affect Firm Value: Its Impact on Discretionary Investment and the Costs of Debt and Equity Financing," with Catherine Schrand, Journal of Financial Economics, 1999.
• "Interest-Rate Derivatives and Bank Lending," with Elijah Brewer, III and James T. Moser,Journal of Banking and Finance, 2000.
• "The Role of Volatility in Valuation," with Catherine Schrand and Beverly Walther, Review of Accounting Studies, 2002.
• "The Use of Multiple Risk Management Strategies: Evidence from the Natural Gas Industry," with Christopher Géczy and Catherine Schrand, Journal of Risk, 2006.
• "Taking a View: Corporate Speculation and Governance," with Christopher Géczy andCatherine Schrand, Journal of Finance, 2007.
• "How Much Do Banks Use Credit Derivatives to Hedge Loans?," with René M. Stulz and Rohan Williamson, Journal of Financial Services Research, 2009.
• "The Many Facets of Exchange Rate Exposure," with Sohnke Bartram and Gregory Brown,Journal of Financial Economics, 2010.
• "How Has CEO Turnover Changed?," with Steven N. Kaplan, International Review of Finance, 2011.
• "Former CEO Directors: Lingering CEOs or Valuable Resources?," with Rüdiger Fahlenbrach and Carrie H. Pan, Review of Financial Studies, 2011, 3486-3518.
• "Financial Expertise of The Board, Risk Taking, and Performance: Evidence from Bank Holding Companies," with Jérôme A. Taillard and Rohan Williamson, Journal of Financial and Quantitative Analysis, forthcoming.

• "Equity-Holding Institutional Lenders: Do They Receive Better Terms?" with Jongha Lim and Michael Weisbach, 2012.
• "Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance?" with Jérôme P. A. Taillard and Rohan Williamson
• "Former CEO Directors: Lingering CEOs or Valuable Resources?", with Rüdiger Fahlenbrach and Carrie H. Pan, 2010
• "How Has CEO Turnover Changed?", with Steven N. Kaplan, 2010
• "Information Asymmetries, Learning, and Investor Preferences for Industry Exposure," with Catherine Schrand and Phil Davies, 2010.
• "Financial Expertise of The Board, Risk Taking and Value: Evidence from Financial Firms", with Jérôme A. Taillard and Rohan Williamson, 2010.