Faculty Directory

Jennifer Koski

 

Office: 577 PACCAR Hall
Phone: 206-543-7975
Fax: 206-543-7472
Email: jkoski(at)uw.edu

Foster School of Business
University of Washington
Box: 353226
Seattle, WA 98195-3226

“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

Associate Professor of Finance
Kirby L. Cramer Endowed Chair in Finance

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
venture capital

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

  1. “Who Wins When Exchanges Compete? Evidence from Competition after Euro Conversion“
    Journal Article: Dewenter, K., Han, X., & Koski, J., (forthcoming). Review of Finance,
  2. “Ex-Dividend Profitability and Institutional Trading Skill“
    Journal Article: Henry, T. and Koski, J., (2017). Journal of Finance, Vol. 72(1), pp. 461-494.
  3. “Short Selling Around Seasoned Equity Offerings“
    Journal Article: Henry, T., & Koski, J., (2010). Review of Financial Studies, Vol. 23(12), pp. 4389-4418.
  4. “Does Volatility Decrease after Reverse Stock Splits?“
    Journal Article: Koski, J., (2007). Journal of Financial Research, Vol. 30(2), pp. 217-235.
  5. “Information Flow and Liquidity Around Anticipated and Unanticipated Dividend Announcements“
    Journal Article: Graham, J., Koski, J., & Loewenstein, U., (2006). Journal of Business, Vol. 79(5), pp. 2301-2336.
  6. “Volatility, Autocorrelations, and Trading Activity After Stock Splits“
    Journal Article: Kamara, A., & Koski, J., (2001). Journal of Financial Markets, Vol. 4(2), pp. 163-184.
  7. “Prices, Liquidity, and The Information Content of Trades“
    Journal Article: Koski, J., & Michaely, R., (2000). Review of Financial Studies, Vol. 13(3), pp. 659-696.
  8. “How are Derivatives Used? Evidence from the Mutual Fund Industry“
    Journal Article: Koski, J., & Pontiff, J., (1999). Journal of Finance, Vol. 54(2), pp. 791-816.
  9. “Measurement Effects and the Variance of Returns After Stock Splits and Stock Dividends“
    Journal Article: Koski, J., (1998). Review of Financial Studies, Vol. 11(1), pp. 143-162.
  10. “Who Trades Around the Ex-Dividend Day? Evidence from NYSE Audit File Data“
    Journal Article: Koski, J., & Scruggs, J., (1998). Financial Management, Vol. 27(1), pp. 58-72.
  11. “A Microstructure Analysis of Ex-Dividend Stock Price Behavior Before and After the 1984 and 1986 Tax Reform Acts“
    Journal Article: 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.
MBA Core Professor of the Year: 1994, 1996, 2001-2008.
MBA Elective Professor of the Year: 2012, 2013, 2015
Evening MBA Professor of the Year: Class of 2013
Undergraduate Finance Instructor of the Quarter: Autumn 2009.