Ashbel Smith chaired professor of finance and accounting at the University of Texas at Dallas
Umit Gurun is Ashbel Smith chaired professor of finance and accounting at the University of Texas at Dallas. He received his PhD from the Michigan State University. He is a past visiting professor at University of Texas at Austin (2010-2011) and Harvard University (2014).
He is an associate editor of Management Science and a research economist at NBER. Professor Gurun’s research focuses on a variety of issues in empirical asset pricing and corporate finance, including the impact of financial media and advertising on asset prices; impact of counterfeit products on brand images and firm valuation, among others. He is particularly interested in the ways that networks affect firm values and investor portfolio allocation. His research has been published in top journals, including Science, American Economic Review: Insights, Journal of Finance, Review of Financial Studies, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Accounting Research, Management Science, and Harvard Business Review. His recent research relates to the effects of patent litigation on corporate innovation. In this vein, he has been awarded a National Science Foundation grant to investigate the effects of patent litigation policy on innovation outputs. He received distinguished associate editor awards from Management Science six times between 2015 and 2020, and a distinguished referee award from Review of Financial Studies in 2019. Finally, his research has also attracted attention in the popular press, with cites in the Financial Times, Wall Street Journal, Fortune, Institutional Investor, and the Economist.