Andrey Malenko

Associate Professor of Finance

Education
PhD Stanford University 2011
MSc State University- Higher School of Economics 2007
MA New Economic School 2006
BSc State University- Higher School of Economics 2005
Biography

Andrey Malenko is an Associate Professor of Finance at the University of Michigan's Ross School of Business. His research is in the area of corporate investment and financing, corporate governance, mergers and acquisitions, as well as auction theory and economics of information. Recent work has examined the optimal design of securities, regulation of shareholder voting, auctions of companies, and the role of institutional investors in corporate governance. His work has been published in leading academic journals, such as American Economic Review, Review of Economic Studies, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. He is the recipient of the 2020 Brattle Prize for a distinguished paper in corporate finance in the Journal of Finance. He is a Board Member of Finance Theory Group, a Research Fellow of Centre for Economic Policy and Research, and an Associate Editor at the Journal of Finance, Management Science, Review of Finance, and Review of Corporate Financial Studies. Before joining Michigan Ross, he was on the faculty of MIT Sloan School Management and Boston College's Carroll School of Management. Professor Malenko received a Ph.D. in Finance in 2011 from Stanford Graduate School of Business, and Master and Bachelors degrees from New Economic School and NRU - Higher School of Economics in Moscow, Russia. He currently teaches MBA and PhD courses in Corporate Financial Policy and Finance Theory.

Latest Faculty News & Research
Optimal Dynamic Capital Budgeting
Authors
Malenko, A.
Published Date
07/2019
Authors
Malenko, A.
Source
Review of Economic Studies
Volume
86
Issue
4
Pages
1747-1778
Proxy Advisory Firms: The Economics of Selling Information to Voters
Authors
Malenko, A.; Malenko, N.
Published Date
10/2019
Authors
Malenko, A.; Malenko, N.
Source
Journal of Finance
Volume
74
Issue
5
Pages
2441-2490
Selling to Advised Buyers
Authors
Malenko, A.; Tsoy, A.
Published Date
04/2019
Authors
Malenko, A.; Tsoy, A.
Source
American Economic Review
Volume
109
Issue
4
Pages
1323-1348
The Timing and Method of Payment in Mergers when Acquirers are Financially Constrained
Authors
Gorbenko, A.; Malenko, A.
Published Date
10/2018
Authors
Gorbenko, A.; Malenko, A.
Source
Review of Financial Studies
Volume
31
Issue
10
Pages
3937-3978
Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment
Authors
Grenadier. S.; Malenko, A.; Malenko, N.
Published Date
09/2016
Authors
Grenadier. S.; Malenko, A.; Malenko, N.
Source
American Economic Review
Volume
106
Issue
9
Pages
2552-2581
A Theory of LBO Activity based on Repeated Debt-Equity Conflicts
Authors
Malenko, A.; Malenko, N.
Published Date
09/2015
Authors
Malenko, A.; Malenko, N.
Source
Journal of Financial Economics
Volume
117
Issue
3
Pages
607-627
Investment Busts, Reputation, and the Temptation to Blend in with the Crowd
Authors
Grenadier, S.; Malenko, A.; Strebulaev, I.
Published Date
01/2014
Authors
Grenadier, S.; Malenko, A.; Strebulaev, I.
Source
Journal of Financial Economics
Volume
111
Issue
1
Pages
137-157
Strategic and Financial Bidders in Takeover Auctions
Authors
Gorbenko, A.; Malenko, A.
Published Date
12/2014
Authors
Gorbenko, A.; Malenko, A.
Source
Journal of Finance
Volume
69
Issue
6
Pages
2513-2555
Competition among Sellers in Securities Auctions
Authors
Gorbenko, A.; Malenko, A.
Published Date
08/2011
Authors
Gorbenko, A.; Malenko, A.
Source
American Economic Review
Volume
101
Issue
5
Pages
1806-1841
Real Options Signaling Games with Applications to Corporate Finance
Authors
Grenadier, S.; Malenko, A.
Published Date
12/2011
Authors
Grenadier, S.; Malenko, A.
Source
Review of Financial Studies
Volume
24
Issue
12
Pages
3993-4036
A Bayesian Approach to Real Options: The Case of Distinguishing Between Temporary and Permanent Shocks
Authors
Grenadier, S.; Malenko, A.
Published Date
10/2010
Authors
Grenadier, S.; Malenko, A.
Source
Journal of Finance
Volume
65
Issue
5
Pages
1949-1986