Finance

Education

N/A International Economics - Universite de Montpellier III France 1991
BA Economcis/Int’l Relations - The College of William and Mary Williamsburg, VA 1992
Ph.D. Finance - Pennsylvania State University University Park, PA 1999

Selected Works

Articles

Becher, David A, Mulherin, Harold and Walkling, Ralph A. “Industry Shocks and Merger Activity: An Analysis of U.S. Public Utilities” JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS . (Feb 2012)

Becher, David A and Frye, Melissa B. “Does Regulation Substitute or Complement Governance?” JOURNAL OF BANKING AND FINANCE 35.3 (Mar 2011):736-751

Becher, David A. “Bidder Returns and Merger Anticipation: Evidence from Banking Deregulation” JOURNAL OF CORPORATE FINANCE 15.1 (Feb 2009):85-98

Bates, Thomas W, Becher, David A and Lemmon, Michael L. “Board Classification and Managerial Entrenchment: Evidence from the Market for Corporate Control” JOURNAL OF FINANCIAL ECONOMICS 87.3 (Mar 2008)656 – 677

Becher, David A, Campbell, Terry L and Frye, Melissa B. “Incentive Compensation for Bank Directors: The Impact of Deregulation” JOURNAL OF BUSINESS 78.5 (Sep 2005):1753-1777

Anderson, Christopher W, Becher, David A and Campbell, Terry L. “Bank Mergers, the Market for Bank CEOs, and Managerial Incentives” JOURNAL OF FINANCIAL INTERMEDIATION 13.12 (Sep 2004):6-27

Becher, David A. “The Valuation Effects of Bank Mergers” JOURNAL OF CORPORATE FINANCE 6.2 (Sep 2000):189-214

Chapters

Becher, David A. “The Valuation Effects of Bank Mergers” Mergers & Corporate Governance Ed. J. Harold Mulherin. :Edward Elgar Publishing Ltd., Sep 2004. :90-115

Presentations

Becher, David A and Bates, Thomas W. Bid Resistance by Takeover Targets: Manageria… American Finance Association : Chicago, IL Jan 2012

Becher, David A, Cai, Jie and Ouyang, Wenjing . Do Shareholders Listen? M&A Advisor Opinions an… Financial Intermediation Research Society Conference on Banking, Corporate Finance and Intermediation : Sydney Australia, Jun 2011

Bates, Thomas W and Becher, David A. Bid Resistance by Takeover Targets: Managerial Bargaining or Bad Faith? American Law & Economics Association meetings, Columbia University : New York, NY May 2011

Becher, David A, Cai, Jie and Ouyang, Wenjing . Do Shareholders Listen? M&A Advisor Opinions an… Conference on Financial Economics and Accounting (FEA) : College Park, MD Nov 2010

Becher, David A, Cai, Jie and Ouyang, Wenjing . Do Shareholders Listen? M&A Advisor Opinions and Shareholder Voting American Law and Economics Association meetings, Princeton University : Princeton, NJ May 2010

Becher, David A, Mulherin, Harold and Walkling, Ralph A. Industry Shocks and Merger Activity: An Analysis of U.S. Public Utilities Western Finance Assocation Meetings : Waikoloa, HI Jun 2008

Becher, David A and Frye, Melissa B. Does Regulation Substitute or Complement Governance? Financial Intermediation Research Society Conference on Banking, Corporate Finance and Intermediation : Anchorage, AK Jun 2008

Becher, David A and Juergens, Jennifer . Analyst Recommendations and Mergers: Do Analysts Matter? 18th Conference on Financial Economics and Accounting (FEA) : New York, NY Oct 2007

Becher, David A. Bidder Returns and Merger Anticipation: Evidence from Banking Deregulation Financial Intermediation Research Society Conference on Banking, Corporate Finance, and Intermediation : Shanghai, CH Jun 2006

Becher, David A, Deltas, George and Pinteris, George . Reconsidering the Degree of Inefficiency of Financial Institutions Annual Conference on Bank Structure and Competition : Chicago, IL May 2006

Proceedings

Becher, David A, Deltas, George and Pinteris, George . Reconsidering the Degree of Inefficiency of Financial Institutions Bank Structure and Competition Conference Proceedings May 2006 Federal Reserve Bank of Chicago:Jun 2006

Becher, David A and Campbell, Terry L. How do Banks Compete? Strategy, Regulation & Technology Annual Conference on Bank Structure and Competition May 2004 Federal Reserve Bank of Chicago:Jun 2004

Becher, David A, Campbell, Terry L and Frye, Melissa B. Corporate Governance: Implication for Financial Services Firms Annual Conference on Bank Structure and Competition May 2003 Federal Reserve Bank of Chicago:Jun 2003

Professional Experience

Corporate-Office of the Comptroller of the Currency Research Analyst, Risk Analysis & Bank Research Divisions Washington DC Jun 1992 - Aug 1994
Academic-Pennsylvania State University RA/Instructor University Park PA Aug 1994 - Jul 1999
Corporate-Office of the Comptroller of the Currency Research Assistant Washington DC May 1995 - Aug 1995
Corporate-PNC Bank Special Assistant to Senior Vice President: Risk Management Division Pittsburgh PA May 1996 - Aug 1996
Academic-Northern Illinois University Assistant Professor DeKalb IL Aug 1999 - Jun 2003

Awards

2008-2009 Best Professor - OYMBA (LeBow College of Business)
2008-2009 Best Professor - Malvern Lead (LeBow College of Business)
2008 Excelling in Teaching Award (LeBow College of Business)
2007-2008 Fellow, Wharton Financial Institutions Center (University of Pennsylvania)
2007 Excelling in Research Award (LeBow College of Business)
2007 Drexel Class of 2007 Undergraduate recipient, Excellence in Teaching Award (LeBow College of Business)
2006-2007 Fellow, Wharton Financial Institutions Center (University of Pennsylvania)
2005 Drexel Student-Athletes Make a Difference Award (Drexel University)
2004 Excelling in Teaching Award (LeBow College of Business)

Areas of Expertise

  • Banking and Bank Regulation
  • Corporate Control and Mergers and Acquisitions
  • Corporate Governance
  • Executive Compensation
  • Regulation of Financial Service Firms