Gerard T. Hoberg
Visiting Academic Scholar
Office of Quantitative Research

Visiting Academic Scholar

Division of Risk, Strategy and Financial Innovation

U.S. Securities and Exchange Commission

2011–present

Associate Professor of Finance (with Tenure)

Robert H. Smith School of Business

University of Maryland

2011–present

Assistant Professor of Finance

Robert H. Smith School of Business

University of Maryland

2004–2011

Director of Software Development

Ferrand Consulting, Stamford, CT

1996–2000

Research Associate

Economists Incorporated, Washington, DC

1994–1996

• Gerard Hoberg, Gordon Phillips and Nagpurnanand Prabhala, Product Market Threats, Payouts, and Financial Flexibility, 2012, Journal of Finance, Forthcoming.
• Kathleen Weiss Hanley and Gerard Hoberg, Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings, 2012, Journal of Financial Economics 103, 235-254.
• Gerard Hoberg and Gordon Phillips, Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis, 2010, Review of Financial Studies 23, 3773-3811.
• Kathleen Weiss Hanley and Gerard Hoberg, Litigation Risk, The Information Content of IPO Prospectuses, 2010, Review of Financial Studies 23, 2821-2864.
• Gerard Hoberg and Gordon Phillips, Real and Financial Industry Booms and Busts, 2010, Journal of Finance 65, 45-86.
• Gerard Hoberg and Nagpurnanand Prabhala, Disappearing Dividends, Catering, and Risk, 2009, Review of Financial Studies 22, 79-116.
• Gerard Hoberg, The Underwriter Persistence Phenomenon, 2007, Journal of Finance 62, 1169-1206.

• Gerard Hoberg and Gordon Phillips, Text-Based Network Industries and Endogenous Product Differentiation.
• Christopher Ball, Gerard Hoberg and Vojislav Maksimovic, Redefining Financial Constraints: A Text-Based Analysis.
• Gerard Hoberg and Gordon Phillips, Industry Choice and Product Language.
• Gerard Hoberg and Gordon Phillips, The Stock Market, Product Uniqueness, and Comovement of Peer Firms.
• Gerard Hoberg and Ivo Welch, Optimized vs. Sort-Based Portfolios.
• Brent Goldfarb, Gerard Hoberg, David Kirsch, and Alex Triantis, Does Angel Participation Matter? An Analysis of Early Venture Financing.

Conference Activities

Paper presentation and discussant, 2012 23^rd Annual CFEA Conference

Paper presentation, 2012 City University of Hong Kong International Finance Conference

Paper presentation, 2012 WFA Conference

Discussant, 2011 Washington University Corporate Finance Conference

Discussant, 2011 UBC Winter Finance Conference

Discussant, 2010 CFEA Conference, University of Maryland

Paper presentation, 2010 AFA Conference

Paper presentation, 2009 Washington University Corporate Finance Conference

Paper presentation and discussant, 2008 AFA Conference

Paper presentation and discussant, 2007 AFA Conference

Paper presentation, 2007 NBER Corporate Finance Workshop

Paper presentation, 2007 WFA Conference

Discussant, 2007 Maryland Behavioral Finance Symposium

Paper presentation, 2007 NBER Asset Pricing Workshop

Paper presentation, 2006 AFA Conference

Paper presentation, 2006 Utah Winter Conference

Discussant, 2005 AFA Conference

Discussant, 2004 AFA Conference

University Presentations

University of British Columbia, 2013

University of Pittsburgh, 2013

University of Utah, 2012

University of Michigan, 2012

Nanyang Business School, 2012

National University of Singapore, 2012

University of Chicago, 2012

Singapore Management University, 2012

Kauffman Foundation, 2012

U.S. Securities and Exchange Commission, 2011

Temple University, 2011

George Mason University, 2010

Michigan State University, 2010

University of Arizona, 2010

Barclays Global Investors, 2009

U.S. Department of Justice, 2008

U.S. Securities and Exchange Commission, 2008

University of Michigan, 2006

University of Michigan, 2005

U.S. Securities and Exchange Commission, 2005

Virginia Tech, 2005

Towson University, 2005

University of Maryland, 2004

Indiana University, 2004

University of Rochester, 2004

University of Michigan, 2004