Michael S. Weisbach

Ralph W. Kurtz Chair in Finance

Fisher College of Business

The Ohio State University

 

Michael S. Weisbach is the Ralph W. Kurtz Chair in Finance as well as a research associate of the National Bureau of Economic Research. He has taught previously at the University of Illinois, the University of Chicago, the University of Rochester, and the University of Arizona. Weisbach is an editor of The Review of Financial Studies, one of the leading academic journals in finance, and has been an associate editor of five other academic journals. He is a senior advisor of The Brattle Group, a Cambridge, MA, business-economics and litigation-support consulting firm. Weisbach has broad-ranging research and teaching interests in finance and economics with specialties in corporate finance, corporate governance, and private equity. He is responsible for 39 publications on these and related topics, and his works have been collectively cited more than 13,000 times, according to Google Scholar. Weisbach holds a BS degree from University of Michigan and a PhD in Economics from Massachusetts Institute of Technology.

Content by this Author

  • A New Case for Acquisitions: Target Firms that Benefit from Financial Synergy

    Middle market interest in mergers and acquisitions is stronger than in recent years, with close to 40% of mid-sized companies at least open to - if not actively seeking - suitors. But, which target to go after? Frequently, the recommendation is to pair up with a target such that the combination will produce operational synergies, whether it is the elimination of redundant costs or new growth through the pooling of their joint capabilities. But, what about financial synergy? Could not a well-endowed acquirer benefit a resource-constrained target, which might otherwise pass on profitable investments? Helping the target to fund these profitable investments could create value for the mutual benefit of the acquirer and target. Therein lies a new recommendation for seeking a target, particularly in the days ahead when surely the Fed's stimulus will end and capital will be harder to obtain.  Read More >

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