Simon Mayer

I am an Assistant Professor of Finance at Carnegie Mellon University, Tepper School of Business, where I hold the Carnegie Bosch Junior Chair. I received my PhD from Erasmus University Rotterdam in 2021, and I am an Associate Editor at Management Science.

You can find my CV here.

Email: simonmay@andrew.cmu.edu

Publications

1. Strategic Digitization in Currency and Payment Competition (with Will Cong)

Journal of Financial Economics (2025), 168: 10455

2. A Theory of Cash Flow-Based Financing with Distress Resolution (w. B. Hartman-Glaser and K. Milbradt)

Review of Economic Studies (2025): rdaf009

3. The Dynamics of Loan Sales and Lender Incentives (with S. Gryglewicz and E. Morellec)

Review of Financial Studies (2024), 37: 2403-2460

4. Dynamic Contracting with Intermediation: Operational, Governance, and Financial Engineering (with S. Gryglewicz)

Journal of Finance (2023): 78: 2779-2836

5. Financing Breakthroughs under Failure Risk

Journal of Financial Economics (2022), 144: 807-848

6. Optimal Financing with Tokens (with S. Gryglewicz and E. Morellec)

Journal of Financial Economics (2021), 142: 1038-1067

7. Agency Conflicts and Short- Vs. Long-Termism in Corporate Policies (with S. Gryglewicz and E. Morellec)

Journal of Financial Economics (2020), 163: 718-742

Under Revision

Investor Activism and the Green Transition (with S. Gryglewicz and E. Morellec)

Journal of Financial Economics, Revised and Resubmitted

How Private Equity Fuels Non-Bank Lending (with S. Haque and Teng Wang)

Review of Financial Studies, Revise and Resubmit

Simon Mayer

I am an Assistant Professor of Finance at Carnegie Mellon University, Tepper School of Business, where I hold the Carnegie Bosch Junior Chair. I received my PhD from Erasmus University Rotterdam in 2021, and I am an Associate Editor at Management Science.

You can find my CV here.

Email: simonmay@andrew.cmu.edu

Publications

1. Strategic Digitization in Currency and Payment Competition (with Will Cong)

2. A Theory of Cash Flow-Based Financing with Distress Resolution (w. B. Hartman-Glaser and K. Milbradt)

3. The Dynamics of Loan Sales and Lender Incentives (with S. Gryglewicz and E. Morellec)

4. Dynamic Contracting with Intermediation: Operational, Governance, and Financial Engineering (with S. Gryglewicz)

5. Financing Breakthroughs under Failure Risk

6. Optimal Financing with Tokens (with S. Gryglewicz and E. Morellec)

7. Agency Conflicts and Short- Vs. Long-Termism in Corporate Policies (with S. Gryglewicz and E. Morellec)

Under Revision

Investor Activism and the Green Transition (with S. Gryglewicz and E. Morellec)

How Private Equity Fuels Non-Bank Lending (with S. Haque and Teng Wang)

Working Papers

A Unifying Theory of Shareholder Activism, Ownership Dynamics, and Firm Policies (with S. Gryglewicz and E. Morellec)

Private Debt versus Bank Debt in Corporate Borrowing (with Sharjil Haque and Irina Stefanescu)

Private Equity and Corporate Borrowing Constraints: Evidence from Loan Level Data (with S. Haque and YS Jang)

Data Union and Regulation in a Data Economy (with Will Cong)

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoins and Crypto Shadow Banking (with Ye Li)

Review Papers

Capital Structure in Private Equity (with YS Jang)

Palgrave Encyclopedia of Private Equity (forthcoming)

Older and Subsumed Working Papers

PE for the Public: The Rise of SPACs (with S. Gryglewicz and B. Hartman-Glaser)

Token-Based Platforms and Speculators

Corporate Liquidity Management under Moral Hazard (with B. Hartman-Glaser and K. Milbradt)

Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data (with Will Cong)