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Deniz Yavuz

Deniz Yavuz

Hanna Rising Star Associate Professor of Management
Finance

Education

Yale School of Management (Ph.D.) 2002-2007
Yale School of Management (MBA) 2000-2002
Bogazici University Institute of Social Sciences (MA in Management) 1995-1997
Bogazici University (B.S. in Industrial Engineering) 1991-1995

CV

Yavuz has 5 years of work experience in corporate banking and project finance. He also worked as a consultant to multinational organizations, investment banks and corporations. Yavuz likes to focus on important, practical issues and empirical puzzles, which are not always confined within a given literature. His research papers are published at Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Management Science, Review of Financial Studies, Review of Finance, Organization Science and covered by news outlets such a Bloomberg. Yavuz received Distinguished Teacher Award 9 times between 2010-2019 and Impact Award for Doctoral Leadership in 2018. He has also received several research awards; Institute for Quantitative Investment Research (INQUIRE) Europe Award 2020, John and Marry Willis Young Faculty Scholar Award, CIBER Faculty International Research Award, Purdue Research Foundation (PRF) Research Grant, Blake Family Fund for Ethics, Governance and Leadership Research Award. Yavuz was at Washington University in St Louis and Arizona State University before joining Purdue.

Journal Articles

  • Faccio, M., Morck, R. and Yavuz, M. D., (2021). Business Groups and the Incorporation of Firm-specific Shocks into Stock Prices.. Journal of Financial Economics, vol. 139 (3), 852-871.
  • Ozmel, U., Yavuz, M.D., Gulati, R. and Trombley, T. (2020). The Effect of Inter-firm Ties on Performance in Financial Markets. Organization Science, vol. 31 (3), 698-719. | Related Website |
  • Basak, S., Chabakauri, G., and Yavuz, M.D. (2019). Investor Protection and Asset Prices. Review of Financial Studies, vol. 32 (12), 4905–4946. | Related Website |
  • Morck, R., Yavuz, M.D., and Yeung, B. (2019). State-run Banks, Money Growth, and the Real Economy.. Management Science, vol. 65 (12), 3914-5932. | Download Download |
  • Ozmel, U., Trombley, T., and Yavuz, M.D. (2019). Outside Insiders: Does Access to Information Prior to an IPO Generate a Trading Advantage After the IPO?. Journal of Financial and Quantitative Analysis, | Download |
  • Ozmel, U., Yavuz, D., Reuer, J.J. and Zenger, T. (2017). Network prominence, bargaining power, and the allocation of value capturing rights in high-tech alliance contracts.. Organization Science,, vol. 28(5) 947-964.. | Download |
  • Conrad J., and Yavuz, M.D., 2017. (2017). Momentum and Reversals: Does What Goes up Always Comes Down?. Review of Finance, (21 (2)), 555-581. | Download |
  • R. Marquez, V. Nanda and M.D. Yavuz (2015). Private Equity Fund Returns and Performance Persistence. Review of Finance, vol. 19 (5) 1783-1823.. | Download |
  • Ozsoylev H., Walden, J., Yavuz, M.D, Bildik R. (2014). Investor Networks in the Stock Market. Review of Financial Studies, vol. 27(5) 1323-1366. | Download |
  • Wahal, Sunil and Yavuz, M Deniz (2013). Style Investing, Comovement and Return Predictability. Journal of Financial Economics 107 (1), pg. 136-154., | Download |
  • Marquez, Robert and Yavuz, M. Deniz (2013). Specialization, Productivity and Financing Constraints. Review of Financial Studies, vol. 26 (11) 2961-2984. | Download |
  • Randall Morck, M. Deniz Yavuz, Bernard Yeung (2011). Bank Control, Capital Allocation, and Economic Performance. Journal of Financial Economics, vol. 100 (2), 264-283. | Download |
  • Small Innovators

    Deniz Yavuz discusses resent research on Small Innovators

  • Briefcase

    Outside Insiders

    Does access to information prior to an initial public offering (IPO) generate a trading advantage after the IPO? That's the question posed by researchers from Purdue University’s Krannert School of Management, who find that the information obtained by non-insider institutions through their connections prior to the IPO may remain valuable after the IPO.

    Full story: Outside Insiders

  •   No way to select an investment manager.  Photographer: LILLIAN SUWANRUMPHA/AFP/Getty Images

    There's an Ugly Side to Investment Beauty Contests

    A new paper from the Swiss Finance Institute by Amit Goyal of the University of Lausanne, Sunil Wahal of Arizona State University and M. Deniz Yavuz of Purdue University, called Choosing Investment Managers, looks at how the outcome of these beauty contests is affected by prior personal connections.

    Full story: There's an Ugly Side to Investment Beauty Contests

  • Steve Martin and Michael Caine as Those Pension Fund Consultants Orion Pictures Corp/Courtesy Everett Collection
    Opinion: Pension fund parasites exposed
    Investment managers hired by pension funds, endowments, foundations, and sovereign-wealth funds are actually likely to perform worse than their competitors by nearly a full percentage point a year over the next three years, according to a new study conducted by Amit Goyal of the University of Lausanne, Sunil Wahal of Arizona State University and M. Deniz Yavuz of Purdue University.

Contact

myavuz@purdue.edu
Phone: (765) 494-1337
Office: KRAN 436

Quick links

SSRN Page