Michelle Lowry

Michelle is the TD Bank Professor of Finance at the LeBow School of Business, Drexel University. She received her PhD from the University of Rochester, and was previously a professor at Penn State University. In addition, she is a past visiting professor at INSEAD and at the Wharton School. 

She is an editor of the Review of Corporate Finance Studies, and past associate editor of both the Journal of Financial Economics and the Review of Financial Studies. She is a founding member of AFFECT (Academic Female Finance Committee), which strives for gender equality among the field of finance academics. Currently, she serves as a member of the AFFECT advisory board. She is President of the Financial Management Association (FMA), and she is a director of the American Finance Association (AFA) and a past director of the European Finance Association (EFA).

Her research focuses on a variety of issues in empirical corporate finance, including initial public offerings, corporate governance, shareholder voting, environmental and social issues, and mergers. She is particularly interested in the ways that companies’ corporate governance affects their performance around these corporate events. Her research has been published in top finance journals, including the Journal of Financial Economics, the Review of Financial Studies, and the Journal of Finance. She is also winner of the 2021 Jensen Prize, for Best Paper published in The Journal of Financial Economics in the areas of Corporate Finance and Organization. Her research also relates to the effects of policy on firm outcomes, in particular regulation related to firm governance and shareholder voting. In this vein, she participated in an SEC panel on shareholder voting. Her research has also attracted attention in the popular press, with cites in the Wall Street Journal, USA Today, NPR's Morning Edition, Forbes, and the Economist.