Education
- PhD University of Rochester (1982)
- MS University of Rochester (1976)
- BA University of California, Santa Barbara (1973)
Expertise
Positions Held
At the University of Washington since 1980
Visiting scholar at Arizona State University, 1997
economics instructor at Colgate University, 1977-1980
Research Associate for Weyerhaeuser's Pension Fund Investments Group, 1988-1991
Selected Publications
“Corporate Ownership Structure and the Choice between Bank Debt and Public Debt”
Lin, C., Malatesta, P., & Xuan, Y., (2013). Journal of Financial Economics, Vol. 109(2), pp. 517–534.
“Corporate Ownership Structure and Bank Loan Syndicate Structure”
Lin, C., Malatesta, P., & Xuan, Y., (2012). Journal of Financial Economics, Vol. 104(1), pp. 1–22.
“Corporate Investment, Government Control, and Financing Channels: Evidence from China’s Listed Companies”
Firth, M., Malatesta, P., Xin, Q., & Xu, L., (2012). Journal of Corporate Finance, Vol. 18(3), pp. 433–450.
“Firm Values and Sovereign Wealth Fund Investments”
Dewenter, K., Han, X., & Malatesta, P., (2010). Journal of Financial Economics, Vol. 98(2), pp. 256–278.
“Managerial Succession and Firm Performance”
Huson, M., Malatesta, P., & Parrino, R., (2004). Journal of Financial Economics, Vol. 74(2), pp. 237–275.
“Earnings Management, Stock Issues, and Shareholder Lawsuits”
DuCharme, L. L., Malatesta, P. H., & Sefcik, S., (2004). Journal of Financial Economics, Vol. 71(1), pp. 27–49.
“State-Owned and Privately-Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity”
Dewenter, K., & Malatesta, P., (2001). The American Economic Review, Vol. 91(1), pp. 320–334.
“Earnings Management: IPO Valuation and Subsequent Performance”
DuCharme, L. L., Malatesta, P. H., & Sefcik, S., (2001). Journal of Accounting, Auditing, and Finance, Vol. 16(4), pp. 369–396.
“Public Offerings of State-Owned and Privately-Owned Enterprises: An International Comparison”
Dewenter, K., & Malatesta, P., (1997). Journal of Finance, Vol. 52(4), pp. 1659–1679.
Honors and Awards
Norman J. Metcalfe Faculty Fellow in Finance, 1997 – 2016
Norman J. Metcalfe Endowed Professor of Finance, 2016 – present
Jensen Prize for the best paper published in the Journal of Financial Economics during the year 2011 in the areas of corporate finance and organizations (first prize)
Consulting
- Office: 200 Dempsey Hall
- Box: 353226
- Phone: 206-685-1987
- Email : [email protected]
Academic Department
Academic Service
Managing editor of the Journal of Financial and Quantitative Analysis, 1987-present
Program committee member of the American Finance Association, 1991, 1993-1995
Executive committee member of the Western Finance Association, 1987-1988
Current Research
Dual Class Shares and Corporate Innovation, Deregulation and the Cost of Debt