Sandy Klasa

Contact Information

• 520.621.8761 office
• 520.621.1261 fax
• sklasa@eller.arizona.edu
• McClelland Hall 315G

Curriculum Vitae

• View or download CV

SSRN Author Page

• View page and papers

Associate Professor

• Ph.D. Finance, University of Oregon, 2002

Current Courses

• FIN 480, Finance for New Ventures, Fall
• FIN 536, New Venture Finance, Fall
• FIN 620A, Financial Markets and Corporate Finance, Fall

Research Interests

• Corporate Finance
• Corporate Governance
• Mergers and Acquisitions
• Entreprenurial Finance

Publications and Working Papers

• “The limitations of industry concentration measures constructed with Compustat data: Implications for finance research,” with Ashiq Ali and Eric Yeung, Review of Financial Studies, Vol. 22 No. 10, 2009, 3839-3871.
  [Lead Article – October Issue]
  
  
• "Do firms have leverage targets? Evidence from acquisitions,” with Jarrad Harford and Nathan Walcott, Journal of Financial Economics, Vol. 93 No. 1, 2009, 1-14.
  [Lead Article – July Issue]
  
  
• "The strategic use of corporate cash holdings in collective bargaining with labor unions,” with William Maxwell and Hernan Ortiz-Molina, Journal of Financial Economics, Vol. 92 No. 3, 2009, 421-442.
  
  
• "Institutional stakeholdings and better-informed traders at earnings announcements,” with Ashiq Ali and Oliver Zhen Li, Journal of Accounting and Economics, Vol. 46 No. 1, 2008, 47-61.
  
  
• "The Influence of Product Market Dynamics on the Firm's Cash Holdings and Hedging Behavior," with David Haushalter and William Maxwell, Journal of Financial Economics, Vol. 84 No. 3, 2007, 797-825.
  
  
• "Why do controlling families of public firms sell their remaining ownership stake?" Journal of Financial and Quantitative Analysis, Vol. 42 No. 2, 2007, 339-368.
  
  
• "Takeover activity as a response to time-varying changes in investment opportunity sets: Evidence from takeover sequences," with Mike Stegemoller, Financial Management, Vol. 36 No. 2, 2007, 19-43.