Mike Stegemoller

Harriette L. and Walter G. Lacy, Jr., Chair of Banking and Finance - Finance, Insurance and Real Estate

Contact Information

Mailing Address:  One Bear Place #98004
Waco, TX  76706
Office Location:  Paul L. Foster Campus for Business and Innovation 320.49

Office Hours

By appointment

Educational Background

  • PHD - Business Administration, University Of Georgia
  • MBA - Business Administration, Baylor University
  • BS - Animal Science, Abilene Christian University Abilene

Work Experience

  • Professor of Finance, Baylor University (2017 - Present)
  • Associate Professor of Finance, Baylor University (2010 - 2017)


Basic or Discovery Scholarship

"Does Shareholder Voting Matter? Evidence from the Takeover Market." 2018. Wake Forest Law Review 53(1), 157-209. (coauthors: Usha Rodrigues, Michael Stegemoller, Steven Utke)

"Investment Banking Relationships and Analyst Affiliation Bias: The Impact of Global Settlement on Sanctioned and Non-Sanctioned Banks," Journal of Financial Economics, Vol. 124, No. 3, (June 2017), pp. 614-631 (coauthors: Shane Corwin, Stephannie Larocque).

"What All-Cash Companies Tell Us about IPOs and Acquisitions," Journal of Corporate Finance, Vol. 29, (December 2014), pp. 111-121 (coauthors: Usha Rodrigues).

Applied or Integration/Application Scholarship

"BlackBerry’s Debt Offering Can Be Read as a Vote of Confidence by Fairfax," Vol. 5, (November 2013).

Basic or Discovery Scholarship

"Exit, Voice, and Reputation: The Evolution of SPACs," Delaware Journal of Corporate Law, Vol. 37, No. 3, (2013), pp. 849-927 (coauthors: Usha Rodrigues).

Applied or Integration/Application Scholarship

"Investment vs. Gambling," Christian Reflection, Vol. 4, (2011), pp. 37-44.

Basic or Discovery Scholarship

"Implications of Data Screens on Merger and Acquisition Analysis: A Large Sample Study of Mergers and Acquisitions from 1992-2009," Review of Financial Studies, The, Vol. 24, No. 7, (2011), pp. 2316-2357 (coauthors: Jeffry M Netter, M Babajide Wintoki).

Applied or Integration/Application Scholarship

"Corporate Takeovers and Restructurings," : John Wiley & Sons, Inc., 2010, pp. 517-533 (coauthors: Kent Baker, Ronald Anderson).

Basic or Discovery Scholarship

"Placebo Ethics," Virginia Law Review, Vol. 96, No. 1, (2010), pp. 1-68 (coauthors: Usha Rodrigues).

"Target-firm information asymmetry and acquirer returns," Review of Finance, Vol. 13, (2009), pp. 467-493 (coauthors: Micah Officer, Annette Poulsen).

"The rise of corporate governance in corporate control research,," Journal of Corporate Finance, Vol. 15, (2009), pp. 1-9 (coauthors: Jeffry Netter, Annette Poulsen).

"The underpricing of private targets," Journal of Financial Economics, Vol. 93, (2009), pp. 51-66 (coauthors: Jack Cooney, Thomas Moeller).

"Moving firms from private to public ownership: Selling out to public firms vs. initial public offerings," Financial Management, Vol. 37, (2008), pp. 81-101 (coauthors: Annette Poulsen).

"Protective governance choices and the value of acquisition activity," Journal of Corporate Finance, Vol. 14, (2008), pp. 550-566 (coauthors: Scott Bauguess).

"An inconsistency in SEC disclosure requirements? The case of the “insignificant” private target," Journal of Corporate Finance, Vol. 17, (2007), pp. 251-269 (coauthors: Usha Rodrigues).

"Takeover activity as a response to time-varying changes in investment opportunity sets: Evidence from takeover sequences," Financial Management, No. 36, (2007), pp. 19-43 (coauthors: Sandy Klasa).

"What do returns to acquiring firms tell us? Evidence from firms that make many acquisitions," Journal of Finance, Vol. 57, (2002), pp. 1763-1793 (coauthors: Kathleen Fuller, Jeffry M Netter).
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