Faculty & Staff Directory

iconiconiconNameJohn BizjakImageJohn BizjakFirstnameJohnLastnameBizjakOffice Phone817-257-4260
VitaeDownload Vita
Position:ProfessorDepartment:Finance DepartmentOffice:Neeley 3133Professorship / Chair:Robert and Maria Lowdon Chair of FinanceRole:FacultyEducation
  • Ph.D. University of Utah
  • B.A. University of California, Berkeley
Areas of Expertise / Research
  • Corporate Finance
  • Law & Economics
Courses Taught
  • Introductory and Advanced Corporate Finance
  • Managerial Economics
  • Financial Theory
Key Publications
  • Why Do Insiders Hedge Their Ownership? An Empirical Examination,” with Carr Bettis and Swami Kalpathy, forthcoming Financial Management.
  • Are all CEOs above average? An empirical analysis of compensation peer groups and pay design (with Mike Lemmon and Thanh Ngyuen), June 2011, Journal of Financial Economics.
  • Stock and Option Grants with Performance-Based Vesting Provisions, (with Carr Bettis, Jeff Coles, and Swaminathan Kalpathy), January 2010, Review of Financial Studies.
  • Option backdating and board interlocks, (with Mike Lemmon and Ryan Whitby), 2009. Review of Financial Studies, v22 (11), 4822 - 4847.
  • Does the use of peer groups contribute to higher pay and less efficient compensation?, (with Mike Lemmon and Lalitha Naveen), 2009. Journal of Financial Economics, v90 (2),152-168.
  • Exercise behavior and the value and incentives of employee stock options, (with Carr Bettis and Mike Lemmon), 2005. Journal of Financial Economics, v76 (2), 445 - 470.
  • The effect of private antitrust litigation on the stock-market valuation of the firm, (with Jeffrey Coles), 1995. The American Economic Review, v85 (3) 436 - 461.
Awards / Recognition
  • 2015 J.R. Beyster Fellowship, for “Performance-contingent equity awards to nonexecutive employees.”
  • 2014 EFMA Larry Lang Award, Best Paper in Corporate Governance, “Performance-Vesting Provisions in Executive Compensation.”
  • AACSB/GMAC National Doctoral Fellowship in Business and Management - 1989
  • Distinction at graduate, University of California, Berkeley - 1993
  • Equity Methods LLC Verus Research LLC
  • Invited member of the Financial Accounting Standards Board's Option Valuation Group for Determining the Expensing of Employee Stock Options - 2003.