Artur Raviv is the Alan E. Peterson Distinguished Professor of Finance. He has been a member of the Kellogg faculty since 1981, and served as the chairman of the Finance Department during the years 1986-1989. Prior to joining Kellogg Raviv taught at Carnegie Mellon University and Tel Aviv University. He is the past President of the Western Finance Association.
Professor Raviv's research interests are in the areas of corporate finance, agency theory, information economics, and industrial organization. He has investigated optimal financing decisions, innovative financial instruments, corporate control issues, management compensation and incentive schemes and pricing and auction design problems. He currently studies capital budgeting processes, corporate governance and organization design. Artur is the recipient of a number of grants, including five from the National Science Foundation and one from the Bradley Foundation.
His research was published in leading scholarly journals, including the Journal of Finance, the Journal of Financial Economics, Review of Financial Studies and the American Economic Review. His article, "Capital Structure and the Informational Role of Debt," (with Milton Harris) was selected as a distinguished article to appear in the Journal of Finance in 1990. He was an Associate Editor of the Journal of Finance from 1989 to 2000 and served on the Board of Editorial Advisors for the Journal of Accounting, Auditing, and Finance and the Journal of Economics and Management Strategy.
The graduates of Kellogg's Executive Master's Program named Professor Raviv Outstanding Professor of the Year eighteen times since 1983. He developed and directs three highly successful executive programs (Merger Week, Corporate Financial Strategy and Finance for Executives) and teaches regularly in Kellogg's executive programs at the James L. Allen Center and Kelloggs regular MBA program.
Artur has lectured at many universities in the United States and abroad, has been a guest speaker for the American, Western, and European Financial Associations, and serves as a consultant to numerous firms. In 2008 he was elected as the President of the Western Finance Association. He received his Ph.D. in Managerial Economics from Northwestern University in 1975.
