Box: 353226
Theoretical financial models are important, but they do not exist in a vacuum. We need to understand the link between these models and the business world, both for our own academic research and for the classroom.
Jennifer Koski
- Professor of Finance Kirby L. Cramer Endowed Chair in Finance
- Associate Dean for Academic and Faculty Affairs
Education
- PhD Stanford University (1991)
- MBA Harvard University (1987)
- BS Brown University (1983)
Academic Expertise
- business valuation
- corporate finance
- dividend and payout policy / stock splits
Current Research
- Equity offerings, Short selling, Credit ratings, Convertible bonds, Stock splits, Dividend policy, Information processing in securities markets
Positions Held
- At the University of Washington since 1991
- Financial analyst at Goldman Sachs & Company, 1983-1985
Selected Publications
“Arbitrage vs. Informed Short Selling: Evidence from Convertible Bond Issuers“
Hackney, J., Henry, T., and Koski, J., (2020). Journal of Corporate Finance, Vol. 65.
“Do Upgrades Matter? Evidence from Trading Volume“
Brogaard, J., Koski, J., and Siegel, A., (2019). Journal of Financial Markets, Vol. 43, pp. 54-77.
“Who Wins When Exchanges Compete? Evidence from Competition after Euro Conversion“
Dewenter, K., Han, X., & Koski, J., (2018). Review of Finance, Vol. 22 (6), pp. 2037-2071.
“Ex-Dividend Profitability and Institutional Trading Skill“
Henry, T. and Koski, J., (2017). Journal of Finance, Vol. 72(1), pp. 461-494.
“Short Selling Around Seasoned Equity Offerings“
Henry, T., & Koski, J., (2010). Review of Financial Studies, Vol. 23(12), pp. 4389-4418.
“Does Volatility Decrease after Reverse Stock Splits?“
Koski, J., (2007). Journal of Financial Research, Vol. 30(2), pp. 217-235.
“Information Flow and Liquidity Around Anticipated and Unanticipated Dividend Announcements“
Graham, J., Koski, J., & Loewenstein, U., (2006). Journal of Business, Vol. 79(5), pp. 2301-2336.
“Volatility, Autocorrelations, and Trading Activity After Stock Splits“
Kamara, A., & Koski, J., (2001). Journal of Financial Markets, Vol. 4(2), pp. 163-184.
“Prices, Liquidity, and The Information Content of Trades“
Koski, J., & Michaely, R., (2000). Review of Financial Studies, Vol. 13(3), pp. 659-696.
“How are Derivatives Used? Evidence from the Mutual Fund Industry“
Koski, J., & Pontiff, J., (1999). Journal of Finance, Vol. 54(2), pp. 791-816.
“Measurement Effects and the Variance of Returns After Stock Splits and Stock Dividends“
Koski, J., (1998). Review of Financial Studies, Vol. 11(1), pp. 143-162.
“Who Trades Around the Ex-Dividend Day? Evidence from NYSE Audit File Data“
Koski, J., & Scruggs, J., (1998). Financial Management, Vol. 27(1), pp. 58-72.
“A Microstructure Analysis of Ex-Dividend Stock Price Behavior Before and After the 1984 and 1986 Tax Reform Acts“
Koski, J., (1996). Journal of Business, Vol. 69(3), pp. 313-338.
Honors and Awards
- PACCAR Award for Teaching Excellence, 2001, 2008, 2015
- Charles E. Summer Outstanding Teaching Award, 2000, 2003, 2005, 2007, 2015.
- Daniel R. Siegel Service Award, 2000, 2005, 2006, 2007, 2012, 2013, 2015.
- Ron Crockett Award for Excellence in Graduate Teaching, 2014.
- Ron Crockett Award for Innovation in Education, 2014.
- Lex N. Gamble Family Award for Excellence in Case Development and Curriculum Innovation, 2012.
- Dean’s Citizenship Award, 2004.
- Andrew V. Smith Faculty Development Award, 2003.
- PhD Mentor of the Year Award, 2001.
- Burlington Northern Foundation Faculty Achievement Award, 1993.