Assistant Professor of Finance

            Warwick Business School 
            University of Warwick

            Email: Onur.Tosun@wbs.ac.uk
            Phone: +44(0)2476 524 541

Address: C2.42, Finance Group 
            Warwick Business School, 
University of Warwick
            Coventry, CV4 7AL, United Kingdom

            Curriculum Vitae



      ·        Ph.D. Finance, minor in Economics, 2013. University of Maryland, Smith School of Business           

      ·        MBA, 2008. Bogazici University, Faculty of Economics and Administrative Sciences

      ·        B.S., Industrial Engineering, 2006. Istanbul Technical University, Faculty of Management





      ·        Empirical Corporate Finance: Executive Compensation, Capital Structure, Corporate Governance, Corporate Social Responsibility.





      ·        “Is Firms' CSR Sufficient Enough to Explain Socially Responsible Investment?”; (2015)

      ·        “Does Internal Board Monitoring Affect the Debt Maturity? - A Natural Experiment”; (2012).

      ·        “Changes in Corporate Governance: Externally Dictated vs Organically Determined”; (with Michael Faulkender); (2012).

      ·        “The Effect of Industry Structure on Debt Maturity”; (2010).

      ·        “The Effect of (In)Flexibility in Capital Allocation on Leverage and Liquidity”; (2009).




      ·        "The Effect of CEO Option Compensation on the Capital Structure: A Natural Experiment"; (2015); Financial Management, Forthcoming.



      ·        IB9X9: Advanced Corporate Finance (Masters); University of Warwick
      ·        IB236: Corporate Finance (Undergraduate); University of Warwick

      ·        BMGT 446: International Finance (Undergraduate); University of Maryland




  • (June 23, 2015), “Independent Directors for Good Governance”, Business Review Europe

  • (June 22, 2015), “Banks lend more to firms with independent boards”, South China Morning Post

  • (3rd Edition, 2015), “On CEO Compensation and Firm Capital Structure”, WBS CORE

  • (September 26, 2014), “The increasing cost of being disliked”, Financial Times

  • (September 25, 2014), “Investors Hike up interest rates if CEOs are paid with share options”, Consultant News

  • (September 24, 2014), “CEOs’ share options rise debt prices”, The WBS News

  • (May 2014), “British bosses should be paid more, but bonuses are risky”, The Conversation.


  • Member of: American Finance Association, European Finance Association, European Financial Management Association, Financial Management Association, Western Finance Association, Southwestern Finance Association, Society of Financial Studies, Financial Intermediation Research Society

Subpages (1): Curriculum Vitae