Journal Articles

• Emery, L., & M. Faccio (2024). "Exposing the revolving door in executive branch agencies." Journal of Financial and Quantitative Analysis vol. forthcoming | Related Website |

• Faccio, M., & J. J. McConnell (2023). "Impediments to the Schumpeterian process in the replacement of large firms." | Related Website |
• Faccio, M., & J. J. McConnell (2023). "Political connections cause resource misallocation: Evidence from the fall of fascism in Italy." | Related Website |

• Business groups and employment

  Professor Mara Faccio discusses her research on business groups and employment

• price of phone plans across countries

  Mara Faccio, Purdue's Hanna Chair in Entrepreneurship, discusses price differences of cell phone plans across countries.

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  Risky Business

  Addressing the gender gap in corporate leadership, research coauthored by Krannert finance professor Mara Faccio breaks new ground by using data from European-based companies that finds female CEOs tend to make less risky choices than their male counterparts.

  Full story: Risky Business

• Taxes and capital structure choices

  Taxes and capital structure choices

• Politics & Profit

  Prof Mara Faccio discusses her work on the connection between politics and money.

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  Thought Leadership: Daniels School faculty expertise sought by peers

  For decades, the Mitchell E. Daniels, Jr. School of Business has produced some of the top thought leaders in management education.

  Full story: Thought Leadership: Daniels School faculty expertise sought by peers

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  Daniels School finance professor named president-elect of FMA
  Mara Faccio has been selected president-elect of the Financial Management Association International, whose membership includes finance practitioners, academics and students who are interested in the techniques and advances which define the field of finance.
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  Krannert professor ranks first in finance research citations
  A recent paper from researchers at the University of Oxford and the University of Technology Sydney has ranked Krannert professor Mara Faccio, Duke Realty Chair in Finance, as the No. 1 cited female scientist in academic finance.
• Krannert prof Mara Faccio wins her second Sharpe Award
  Mara Faccio, the Duke Realty Chair in Finance in the Krannert School of Management, recently won the William F. Sharpe Award for Scholarship in Financial Research for the best papers published in the Journal of Financial and Quantitative Analysis in 2018. The title of the paper is “Taxes, Capital Structure Choices, and Equity Value.” Faccio and co-author of Jin Xu, a former Krannert faculty member, also won the Sharpe Award in 2015 for a paper titled, “Taxes and Capital Structure.” The Sharpe Award recognizes researchers who, through their articles published in the Journal of Financial and Quantitative Analysis, have most contributed to the understanding of important areas of financial economics.
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  Unlimited data draining your wallet? Your plan costs more in U.S. than those in most developed countries
  Have you ever felt a jolt of panic when eyeing your cellphone bill? If you live in the United States, you’re not alone, according to a recent report by Finnish research firm Rewheel, which found Americans pay more for wireless data than consumers in most other developed countries. The report adds to the growing body of evidence that U.S. wireless packages are excessively priced compared with similar services abroad, says Krannert professor Mara Faccio, who in 2017 completed a working paper with co-author Luigi Zingales analyzing mobile phone plans and telecommunication regulations in nearly 150 countries.
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  New York Times Opinion: How E.U.’s Google Fine Explains High Cellphone Costs in the U.S.
  According to Luigi Zingales, a professor at the University of Chicago Booth School of Business and a co-host of the podcast Capitalisn’t, "In an industry like mobile phone services, in which the technology is the same and there are not obvious natural comparative advantages, Mara Faccio of Purdue University and I find that European prices are much lower than American ones."
• Why Your Phone Service Is So Expensive
  The economists Luigi Zingales of the University of Chicago and Mara Faccio of Purdue estimate that Americans pay $50 billion per year more than they would if they instead were paying European prices — for the same quality service. That translates into about an additional $30 per month for every American household.
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  The Pokémon Paradox: Krannert researchers examine costs and benefits of popular game
  When the augmented reality (AR) game Pokémon Go made its debut in 2016, it quickly became the most popular mobile game in U.S. history with more than 20 million active users daily. It’s now at the top of the menu in an industry that generates more than $1 billion in annual revenues. According to a pair of working papers from Purdue University’s Krannert School of Management, tech companies aren’t the only businesses getting a taste of the profits. But how does that balance with the economic costs of playing the game while driving, which include an increased number of vehicular accidents, injuries and even death?
• Professor Mara Faccio elected to the board of the American Finance Association
  Krannert finance professor Mara Faccio, Purdue’s Hanna Chair in Entrepreneurship, has been elected to the Board of Directors of the American Finance Association (AFA), the premier academic organization devoted to the study and promotion of knowledge about financial economics.

2018 Innovator Hall of Fame, Purdue Research Foundation.

All Star Paper Award for “The ultimate ownership of western European corporations” (with L. H. P. Lang), Journal of Financial Economics.

Best Paper Runner-Up for the BlackRock/Brennan Award, Review of Financial Studies, 2012

Listed among the “Authors with the Most Citations to Their JFE Papers, 1974-2018”.

Nominated for the Brattle Prize, American Finance Association, 2007

Paper with L.H.P. Lang is ranked 23rd among the most cited papers published in the JFE through 2020 by G. William Schwert (2021, “The Remarkable Growth in Financial Economics, 1974-2020: Online Appendix,” https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3722314).

Ranked as the #1 female scientist in academic finance by Renée Adams and Jing Xu (2022) (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3998218).

Referee of the Year Award, Review of Corporate Finance Studies, 2016.

Winner of the William F. Sharpe Award for Scholarship in Financial Research - - Recognizing the best paper in the 2015 Volume of the Journal of Financial and Quantitative Analysis.

Winner of the William F. Sharpe Award for Scholarship in Financial Research - - Recognizing the best paper in the 2018 Volume of the Journal of Financial and Quantitative Analysis.

Financial Management Association International: Board of Directors as President-Elect (2023-present)

Journal of Financial and Quantitative Analysis: Advisory Editor (2023-present)

Financial Management Association International: Board of Directors as Immediate Past VP-Program (2022-2023)

Financial Management Association International: Board of Directors as Vice President-Program (2021-2022)

Journal of Financial and Quantitative Analysis: Managing Editor (2020-2023)

Financial Management Association International: Board of Directors as Vice President-Program Elect (2020-2021)

Journal of International Business Studies: Editorial Review Board Member (2019-2022)

Journal of Corporate Finance: Associate Editor (2018-2022)

American Finance Association: Board of Directors (2018-2021)

Journal of Financial and Quantitative Analysis: Associate Editor (2018-2020)

Pacific-Basin Finance Journal: Associate Editor (2016-present)

Journal of Corporate Finance: Co-Editor, Special Issue on “Culture and Finance” (2016)

Financial Management: Associate Editor (2009-2014)

Review of Financial Studies: Associate Editor (2008-2011)