Thomas Bates

Contact Information

• 520.621.3794 office
• 520.621.1261 fax
• batest@email.arizona.edu
• McClelland Hall 315D

Curriculum Vitae

• View or download CV

SSRN Author Page

• View page and papers

Associate Professor

• Ph.D. Finance, The University of Pittsburgh, 2000

Current Courses

• FIN 513, Valuation Modeling (Fall/Spring)
• FIN 532, Corporate Financial Strategy, Spring

Research Interests

• Corporate Finance
• Corporate Governance
• Mergers and Acquisitions
• Valuation

Publications and Working Papers

• “Why Do U.S. Firms Hold so Much More Cash than They Used to?” with Kathleen Kahle and Rene Stulz, Journal of Finance, forthcoming.
  
  
• “Board classification and managerial entrenchment: Evidence from the market for corporate control,” with David Becher and Michael Lemmon, Journal of Financial Economics, 2008, 87, 656–677.
  
  
• "Shareholder wealth effects and bid negotiation in freeze-out deals: are minority shareholders left out in the cold?" with Mike Lemmon and James Linck, Journal of Financial Economics, 2006, v81, pp. 681–708.
  
  
• "Asset Sales, Investment Opportunities, and the Use of Proceeds,” Journal of Finance, 2005, v.60, pp.105-135.
  
  
• "Breaking up is Hard to Do? An Analysis of Termination Fee Provisions and Merger Outcomes,” with Michael Lemmon, Journal of Financial Economics, 2003, v.69, pp. 469-504.
  
  
• "Corporate Governance and Firm Diversification," with Ronald Anderson, John Bizjak, and Michael Lemmon, Financial Management, Spring 2000, v.29, no. 1, pp. 5-22.

Awards and Honors

• Scrivner Teaching Award, 2008