About Me

I am a Professor of Finance and holder of the C.R. Williams Professorship in Financial Services in the Neeley School of Business at Texas Christian University. I am also a research member at the European Corporate Governance Institute (ECGI).  I am an Associate Editor at the Journal of Corporate Finance and have refereed for several top finance and accounting journals.

Previously, I served as a senior financial economist at the U.S. Securities and Exchange Commission (SEC) working in the financial intermediaries group of the Division of Economic and Risk Analysis. I also served as a visiting scholar at the SEC to work on litigation and policy issues related to corporate finance and investments. I was an Associate Professor and held the Gina and William H. Flores ’76 Endowed Professorship in Finance in the Department of Finance of the Mays Business School at Texas A&M University from 2011 to 2015. I was previously on the faculty at the University of Kansas and the College of William & Mary. I received my B.S. from the University of Kansas and earned my Ph.D. in finance from Pennsylvania State University. I have held visiting positions at Vanderbilt during the Fall of 2018 and at the University of Texas at Austin in the Department of Finance for the 2014-2015 academic year. 

My research interests include mergers & acquisitions, corporate restructuring, governance structures, and disclosure. According to Google Scholar, my papers have been cited over 6,500 times. My work has appeared in top finance, accounting, and a law journals including Journal of Finance, Journal of Financial Economics Review of Financial Studies,  Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Corporate Finance, Financial Management, Accounting Review, and Journal of Law and Economics. 

My work on corporate mergers and acquisitions investigates the private phase of the bidding process, including method of sale (auctions versus negotiations), the winner's curse, termination provisions, appraisal litigation, and M&A teams.

Research on corporate governance includes examining the determinants of board size and composition, the reasons parent firms maintain ownership stakes in subsidiaries following divestitures, exploring specialized equity claims, and the spillover effects when  when one party to a strategic alliance or joint venture files for bankruptcy. 

Work on disclosure includes the effect of institutional ownership, particularly by indexers, on a firm's public information environment, firms that redact information at their initial public offering, and  exploring  the consequences of the SEC's policy to defer to the foreign firm’s home-market rules for the content, timing, and materiality threshold of periodic and ongoing disclosures on Form 6-K.  Other work examines the consequences on employees of disclosing of the CEO pay ratio, which is a relatively simple, yet salient, metric.

A PDF version of my CV can be found here: Boone CV (July 2024)