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Jonathan B. Berk, PhD

The A.P. Giannini Professor of Finance

Stanford Graduate School of Business

Economic Research, Economics, Editor, Finance, Financial Markets

Jonathan Berk is the A.P. Giannini Professor of Finance at the Stanford Graduate School of Business (GSB). His research is primarily theoretical in nature and covers a broad range of topics in finance, including delegated money management; the pricing of financial assets; valuing a firm鈥檚 growth potential; the capital structure decision; and the interaction between labor markets and financial markets. He has also explored individual rationality in an experimental setting.

Professor Berk has coauthored two finance textbooks: Corporate Finance and Fundamentals in Finance. The first edition of Corporate Finance is the most successful first edition textbook ever published in financial economics and is a standard text in almost all top MBA programs around the world. At the GSB, he teaches courses in Institutional Money Management and Critical Analytical Thinking.

Professor Berk鈥檚 research is internationally recognized and has won numerous awards, including the Stephen A. Ross Prize in Financial Economics, the TIAA-CREF Paul A. Samuelson Award, the Smith Breeden Prize, Best Paper of the Year in the Review of Financial Studies, and the FAME Research Prize. His article, 鈥淎 Critique of Size-Related Anomalies,鈥 was selected as one of the two best papers ever published in the Review of Financial Studies, and was also honored as one of the 100 seminal papers published by Oxford University Press. In recognition of his influence on the practice of finance, he has received the Graham and Dodd Award of Excellence, the Roger F. Murray Prize, and the Bernstein Fabozzi/Jacobs Levy Award.

He served as an associate editor of the Journal of Finance from 2000-2008, is currently an associate editor of the Journal of Portfolio Management, and is a research associate at the National Bureau of Economic Research. Also, he is a member of the board of directors of the Financial Management Association.

Professor Berk received his PhD in finance from Yale University. Before joining Stanford he was the Sylvan Coleman Professor of Finance at Haas School of Business at the University of California, Berkeley. He was born and grew up in Johannesburg, South Africa.

Economic Research, Economics

Nick Bloom is a Professor in the department of economics and Professor, by courtesy, at the Graduate School of Business. He is also the Co-Director of the Productivity, Innovation and Entrepreneurship program at the National Bureau of Economic Research (NBER), and a fellow of the Centre for Economic Performance, and the Stanford Institute for Economic Policy Research.

Nick was an undergraduate in Cambridge, a masters student at Oxford, and a PhD student at University College London. While completing his PhD he worked part-time at the Institute for Fiscal Studies, a London based tax think-tank. After completing his PhD Nick worked as a business tax policy advisor to the UK Treasury, and then joined McKinsey & Company as a management consultant. In 2003 he moved to the London School of Economics to focus on research, before joining Stanford University in 2005.

Professor Bloom鈥檚 research focuses on measuring and explaining management practices. He has been working with McKinsey & Company as part of a long-run effort to collect management data from over 10,000 firms across industries and countries. The aim is to build an empirical basis for understanding what factors drive differences in management practices across regions, industries and countries, and how this determines firm and national performance. More recently he has also been working with Accenture on running management experiments. He also works on understanding the impacts of large uncertainty shocks鈥搒uch as the credit crunch, the 9/11 terrorist attacks and the Cuban Missile crisis鈥搊n the US economy, for which he won the Frisch Medal in 2010.

Nick lives on Stanford campus with his wife and three children. As a born and bred Londoner, married to a Scottish wife, with kids attending US schools, he lives in a multi-lingual English household.

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