Christo A. Pirinsky

Financial Economist
Office of Corporate Finance

Education Summary

  • Ph.D. Finance, Ohio State University, 2001
  • M.S. Mathematics, University of Sofia, 1995

Fields of Interest

  • Corporate Governance
  • Behavioral Finance
  • Financing Policy and Capital Structure

  • Financial Economist
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
    2016–present
  • Senior Economist
    Cornerstone Research
    2015-2016
  • Assistant Professor of Finance
    George Washington University
    2008–2014
  • Professor of Finance
    CSU - Fullerton
    2006–2008
  • Assistant Professor of Finance
    Texas A&M University
    2001–2006
  • "How Do Acquirers Choose Between Mergers and Tender Offers?" with David Offenberg, Journal of Financial Economics 116, 2015, 331-348.
  • "Social Influence in the Housing Market" with Carrie Pan, Journal of Financial and Quantitative Analysis 50, 2015, 757-779.
  • "Employees and the Market for Corporate Control" with Antonio Macias, Journal of Corporate Finance 31, 2015, 33-53.
  • "Confidence and Economic Attitudes", Journal of Economic Behavior and Organization 91, 2013, 139-158.
  • "Geographic Proximity and Price Discovery: Evidence from NASDAQ" with Amber Anand, Vladimir Gatchev, Leonardo Madureira, and Shane Underwood, Journal of Financial Markets 14, 2011, 193-226; lead article
  • "Market Segmentation and the Cost of Capital in a Domestic Market: Evidence from Municipal Bonds" with Qinghai Wang, Financial Management 40, 2011, 455-481.
  • "Geographic Location and Corporate Finance: A Review" for Handbook of Emerging Issues in Corporate Governance, World Scientific Publishing, 2010
  • "The Role of Underwriter-Investor Relationships in the IPO Process," with Murat Binay and Vladimir Gatchev, Journal of Financial and Quantitative Analysis 42, 2007, 785-810.
  • "Why Do Firms Become Widely Held? An Analysis of the Dynamics of Corporate Ownership," with Jean Helwege, and Rene Stulz, Journal of Finance 62, 2007, 995 – 1028; lead article
  • "Momentum, Reversal, and the Trading Behaviors of Institutions," with Roberto Gutierrez,Journal of Financial Markets 10, 2007, 48-75.
  • "Does Corporate Headquarters Location Matter for Stock Returns?" with Qinghai Wang, Journal of Finance 61, 2006, 1991-2015; profiled in the New York Times.
  • "Compliance and Finance" with Robert Davidson
  • "Executive Options and Liquidity" with Kuan-Hui Lee and Carrie Pan
  • "Competition and Fees in the Mutual Fund Industry: Evidence from a Multi-market Setting" with Qinghai Wang

CONFERENCE ACTIVITIES

  • 2016 World Finance Conference, "Executive Options and Liquidity"
  • 2014 AFA Annual Meeting, "How do Acquireres Choose Between Mergers and Tender Offers?"
  • 2013 Boulder Summer Conference on Consumer Financial Decision Making, "Social Influence in the Housing Market"
  • 2012 Miami Behavioral Conference "Compliance with Norms and Financial Contracting"

Previous SEC Positions: