David Haushalter

Associate Professor of Finance, Academic Director Smeal Trading Room
Department: Finance
Office: 343 Business Building
Phone: 814-863-7969
Fax: 814-865-3362
E-mail: gdh12@psu.edu
Member of Faculty Since: 2004


Introduction

David Haushalter joined Smeal in 2004. Prior to joining Smeal he was an educational and corporate research associate with Susquehanna International Group and an assistant professor of finance at the University of Oregon. He has also taught at the University of Virginia, Darden School of Business. David was an equity options trader before pursuing his Ph.D. at Purdue University.


Current Research

Professor Haushalter's current research focuses on the financing and investment decisions of small companies around credit and cash flow shocks.


Expertise

Empirical Corporate Finance
Corporate Risk Management
Derivative Securities


Publication List

with Michelle Lowry, "When do banks listen to their analysts? Evidence from mergers and acquisitiions", Review of Financial Studies, February 2011.

with Susan Chaplinsky , "Financing under extreme uncertainty: Contract terms and returns to private investment in public equity", Review of Financial Studies, July 2010.

with Vladimir Atanasov and Audra Boone, "Is there shareholder expropriation in the United States? An analysis of publicly-traded subsidiaries", Journal of Financial and Quantitative Analysis, February 2010.

with Sandy Klasa, and William Maxwell, "The influence of product market dynamics on the firm's cash holdings and hedging behavior", Journal of Financial Economics, June 2007.

with Greg Brown and Pete Crabb, "Are firms successful at selectively hedging?", Journal of Business, November 2006.

with Audra Boone and Wayne Mikkelson, "An investigation of the gains from specialized equity claims", Financial Management, August 2003.

with Randall Heron and Erik Lie, "Price uncertainty and corporate value", Journal of Corporate Finance, July 2002.

, "Financing policy, basis risk, and corporate hedging: Evidence from oil and gas producers", Journal of Finance, February 2000.


Education

Ph..D. , Finance, Purdue University,   
MBA, Finance, West Virginia University,   
B.S., Finance, West Virginia University,   


Courses

FIN 414, Financial Trading and Applications
FIN 531, Financial Management