Karl V. Lins

R. Thayne Robson Faculty Fellow

Associate Professor of Finance

David Eccles School of Business
University of Utah
1645 E Campus Center Dr Rm 109
Salt Lake City, UT 84112-9303

801-585-3171   office
801-581-3956   fax
finkvl@business.utah.edu   email


Vita

Last Updated January 2009

Extended Biography


Research

Publications

International Evidence on the Value of Corporate Diversification co-authored with Henri Servaes, The Journal of Finance 54, 1999, 2215-2239.

Is Corporate Diversification Beneficial in Emerging Markets? co-authored with Henri Servaes, Financial Management Summer 2002, 5-31.

Equity Ownership and Firm Value in Emerging Markets The Journal of Financial and Quantitative Analysis 38, 2003, 159-184.

Ownership Structure, Corporate Governance, and Firm Value:  Evidence from the East Asian Financial Crisis
        co-authored with Mike Lemmon, The Journal of Finance 58, 2003, 1445-1468.

ADRs, Analysts, and Accuracy: Does Cross Listing in the U.S. Improve a Firm's Information Environment and Increase Market Value?
        co-authored with Mark Lang and Darius Miller, The Journal of Accounting Research 41, 2003, 317-345.

The Effect of Capital Structure when Expected Agency Costs are Extreme co-authored with Campbell Harvey and Andrew Roper, The Journal of Financial Economics 74, 2004, 3-30.

Concentrated Control, Analyst Following, and Valuation: Do Analysts Matter Most When Investors are Protected Least?
        co-authored with Mark Lang and Darius Miller, The Journal of Accounting Research 42, 2004, 581-623.

Do Non-U.S. Firms Issue Equity on U.S. Exchanges to Relax Capital Constraints? co-authored with Deon Strickland and Marc Zenner, The Journal of Financial and Quantitative Analysis 40, 2005, 109-133.

International Evidence on Cash Holdings and Expected Managerial Agency Problems, co-authored with Ivalina Kalcheva, The Review of Financial Studies 20, 2007, 1087-1112.

Changes in Ownership and Changes in the Market Value of the Firm, co-authored with John J. McConnell and Henri Servaes, Journal of Corporate Finance 14, 2008, 92-106 -- For a previous version of this paper with additional tests and discussion click here: Changes in Market Values and Analysts' EPS Forecasts around Insider Ownership Changes

Private Benefits of Control, Ownership, and the Cross-Listing Decision co-authored with Craig Doidge, Andrew Karolyi, Darius Miller, and René Stulz, forthcoming, The Journal of Finance 2008

Do Foreigners Invest Less in Poorly Governed Firms, co-authored with Christian Leuz and Frank Warnock, forthcoming, The Review of Financial Studies 2008

Working Papers

Does Derivative Accounting Affect Risk Management? International Survey Evidence, co-authored with Henri Servaes and Ane Tamayo, November 2008

What Drives Corporate Liquidity? An International Survey of Cash Holdings and Lines of Credit, co-authored with Henri Servaes and Peter Tufano, November 2008

Transparency, Liquidity, and Valuation: International Evidence, co-authored with Mark Lang and Mark Maffett, January 2009

Teaching

Courses Spring 2009

EMBA:

Finance 6123 -- Global Financial Management (Note: WebCT is online host for this course)

Undergraduate:

Finance 3041 -- Honors Financial Management -- Click for Syllabus -- (Note: WebCT is online host for this course)

Finance 4550 -- International Financial Management -- Click for Syllabus -- (Note: WebCT is online host for this course)

Awards

R. Thayne Robson Faculty Fellow Award, 2005 - present

R. Thayne Robson Emerging Scholar Award, 2003 - 2005

Brady Superior Teaching Award, April 2008

ASUU Student's Choice Award for Teaching, April 2001

Outstanding Doctoral Student Award, University of North Carolina at Chapel Hill, 2000