Mendoza Directory

Faculty & Research

Photo of KatherineSpiess

Katherine Spiess

Associate Professor


Associate Finance Professor D. Katherine Spiess has expertise in mergers and acquisitions, corporate financing, and capital budgeting decisions. She earned her B.S. and her Ph.D. from the University of Missouri. Spiess’ distinctions and awards include an All Star Paper recognition from the Journal of Finance, a Kaneb Teaching Award, and a BP Amoco Outstanding Teacher Award.




  • Corporate Risk Management
  • Mergers & Acquisitions
  • Real Options Analysis
  • Advanced Corporate Finance
  • Mergers and Acquisitions


"The Long-run Performance of Common Stock Returns Following Debt Offerings," (with John F Affleck-Graves),  Journal of Financial Economics, 54, 1999, 45-73.

"The IPO and First Seasoned Equity Sale: Issue Proceeds, Owner/Managers' Wealth, and the Underpricing Signal," (with Richard H. Pettway),  Journal of Banking and Finance, 1997, 967-988.

"The Private Securities Litigation Reform Act of 1995: The Stock Market Casts Its Vote...," (with Paula A. Tkac),  Managerial and Decision Economics, 18, 1997, 545-561.

"Underperformance in Long-run Stock Returns Following Seasoned Equity Offerings," (with John Affleck-Graves),  Journal of Financial Economics, 1995, 243-267.

"Japanese Foreign Direct Investment: Impacts of Purchases and Sales of U.S. Assets," (with Richard Pettway, Neil W. Sicherman, ),  Financial Management , 1993, 82-95.