Stacey Jacobsen
Tenure and Tenure-Track Faculty
Associate Professor
Fabacher Endowed Professor of Alternative Asset Management
Finance
| Phone |
214-768-2767 |
| Office |
DBMQ 2211聽 |
| CV |
Education
PhD, Finance, Indiana University
Biography
Stacey Jacobsen is an Associate Professor of Finance and the Fabacher Endowed Professor of Alternative Asset Management at the Cox School of Business. She holds a Ph.D. in Finance from Indiana University.
Jacobsen specializes in the areas of market microstructure and corporate finance. Her research in market microstructure focuses on liquidity, market design, and regulatory issues in the corporate bond and equity markets. In corporate finance, her work examines the impact of merger and acquisition decisions on corporate outcomes. Her research has been published in leading journals, including the Journal of Finance and the Journal of Financial Economics, and has been featured in the business press, including the New York Times and the Financial Times.
Jacobsen teaches courses in corporate finance and financial modeling. She has received the 青涩直播 Boghetich Family Distinguished Teaching Award and was named among “The Best 40 B-School Profs Under the Age of 40” by Poets & Quants. Before entering academia, she worked in investment banking and strategy.
Teaching
FINA 6238 Financial Modeling
FINA 6205 Finance Theory and Practice
Research
Market Microstructure
Empirical Corporate Finance
Publications
Receiving Investors in the Block Market for Corporate Bonds, 2025, with Kumar Venkataraman, Forthcoming to the Journal of Financial Economics.
The (Missing) Relation Between Announcement Returns and Value Creation, 2025, with Itzhak Ben-David, Utpal Bhattacharya, and Ruidi Huang. Forthcoming to the Journal of Finance.
Overallocation And Secondary Market Outcomes in Corporate Bond Offerings, 2022, with Hank Bessembinder, Bill Maxwell, and Kumar Venkataraman, Journal of Financial Economics 146, 444-474.
Capital Commitment and Illiquidity in Corporate Bonds, 2018, with Hank Bessembinder, Bill Maxwell, and Kumar Venkataraman, Journal of Finance, v73i4, 1615-1661.
The Share Repurchase Announcement Puzzle: Theory and Evidence, 2016, with Utpal Bhattacharya, Review of Finance 20, 725-758.
The Empirical Analysis of Liquidity, with Craig W. Holden and Avanidhar Subrahmanyam, 2015, Foundations and Trends in Finance 8, No 4, 263-365.
The Death of the Deal: Are Withdrawn Acquisition Deals Informative of CEO Quality? 2014, Journal of Financial Economics 114, 54-83.
Liquidity Measurement Problems in Fast, Competitive Markets: Expensive and Cheap Solutions, 2014, with Craig W. Holden, Journal of Finance 69, 1747-1785.
* SAS code to implement our recommended solutions for Daily TAQ (DTAQ) and Monthly TAQ (MTAQ) is available here: Click to download code
Penny Wise, Dollar Foolish: Buy-Sell Imbalances On and Around Round Numbers, 2012, with Utpal Bhattacharya and Craig Holden, Management Science (Special Issue in Behavioral Economics and Finance) 58, 413-431.