Nataliya Zaiats, PhD

Biography

Dr. Zaiats is an Associate Professor of Finance. She earned her Ph.D. in Finance from the University of Wisconsin-Milwaukee, a diploma (M.A. equivalent) in International Finance and English Interpretation from Franko National University of Lviv and a B.A. in Economics from Hartwick College.

Dr. Zaiats's current research spans a multitude of topics in the area of corporate governance, corporate finance, and empirical investments/asset pricing. Within these broad areas, her studies can be classified into one or more sub-areas such as executive compensation, firm-level corporate governance, mutual fund governance, dual class ownership structure, earnings management, dividend policy, mergers and acquisitions, cash holdings, and short selling. Her dissertation focused on agency conflicts and effects of regulations on corporate governance and won the 2007 Sheldon B. Lubar Doctoral Scholarship, a reward of an outstanding research performance in the Ph.D. program. Among others, she has published in the Journal of Banking and Finance, Journal of Corporate Finance, both top-tier finance journals, which are ranked among the Top 10 finance journals.

Dr. Zaiats's teaching interests include corporate finance, investments, financial institutions, capital markets, international finance, and microeconomics.

Honors and Awards

• AJFS Best Reviewer Award, 2019-2020, AJFS, fall 2020
• Suffolk SGA Teaching Award Nominee, Suffolk University, MA, spring 2016
• Sheldon Lubar Doctoral Scholarship, University of Wisconsin-Milwaukee, WI, summer 2007
• GoldStar Teaching Award, University of Wisconsin-Milwaukee, fall 2005, spring 2006, fall 2006

Publications

Recent Intellectual Contributions

"Existing methods provide unreliable estimates of the marginal value of cash", with Joe Halford, John McConnell, and Val Sibilkov, Critical Finance Review, 2022, forthcoming.

"Short seller attention", with Rui Dai and Lilian Ng, Journal of Corporate Finance 72, 2022, 102149.

"Do short sellers anticipate late filings?" with Rui Dai, Ting Li and Rey Zhao, Journal of Corporate Finance 69, 2021, 102045.

“Corporate governance and firm value at dual class firms,” with Ting Li, Review of Financial Economics 36, 2018, 47-71. SSRN Top Ten List

“Dividend policy and earnings management across countries,” with Wen He, Lilian Ng, and Bohui Zhang, Journal of Corporate Finance 42, 2017, 267-286. SSRN Top Ten List. FMA Top Ten Session/Top 5% Paper

“Information environment and earnings management of dual class firms around the world,” with Ting Li, Journal of Banking and Finance 74, 2017, 1-23. Lead Article. SSRN Top Ten List

Intellectual Contributions

• Nataliya Zaiats' Intellectual Contributions [PDF]