Professor at the University of Toronto presented with Governor’s Award from the Bank of Canada

Toronto – Andrey Golubov, an assistant professor of finance at the University of Toronto’s Rotman School of Management, is this year’s recipient of the Bank of Canada’s Governor’s Award.

The award is presented annually and provides financial support to academics who are recognized for their expertise and research in areas important to the Bank’s core functions. The grant is worth up to $30,000 a year over two years.

This is the third time in recent years that the award has been presented to a finance professor at the Rotman School. Prof. Mikhail Simutin received the award in 2017 and Prof. Liyan Yang, who holds the Peter L. Mitchelson/SIT Investment Associates Foundation Chair in Investment Strategy, was the recipient in 2016.

A leading academic expert on mergers and takeovers, Prof. Golubov studies how firms make investment and financing decisions, particularly those involving corporate control considerations. His work falls into two broad streams of financial economics: capital markets and the market for corporate control, and the behaviour of asset prices. His current research examines various aspects of mergers and acquisitions, corporate governance, and firm value and performance. One of his ongoing projects is pioneering the use of new microdata from Canada to better understand the effects of mergers and acquisitions on employee welfare. Prof. Golubov joined the Rotman School in 2015 and holds a PhD from the University of Surrey.

The Rotman School of Management is part of the University of Toronto, a global centre of research and teaching excellence at the heart of Canada’s commercial capital. Rotman is a catalyst for transformative learning, insights and public engagement, bringing together diverse views and initiatives around a defining purpose: to create value for business and society. For more information, visit

http://www.

rotman.

utoronto.

ca

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For more information:

Ken McGuffin

Manager, Media Relations

Rotman School of Management

University of Toronto

Voice 416.946.3818

E-mail

mcguffin@rotman.utoronto.ca