Erik Lie
Professor, and Departmental Executive Officer
Amelia Tippie Chair in Finance
Contact
319-335-0846
Office
S252 Pappajohn Business Building (PBB)
Academic history 
PhD in Finance, Purdue University, 1996
MBA, University of Oregon, 1991
BS, University of Oregon, 1990
Awards 
MBA Finance Academy Faculty of the Year, 2012-13, Full-time MBA program, Tippie School of Management, April 2013
Jensen Prize, Journal of Financial Economics, June 2008
Time 100 -- Time Magazine's list of the 100 most influential people in the world, 2007
2007 Notable Contributions to Accounting Literature Award, The American Institute of Certified Public Accountants and the American Accounting Association, August 2007
Power 30 -- SmartMoney Magazine's list of the 30 most influential people on Wall Street, 2006
Selected publications 

The effect of labor unions on CEO compensation. Erik Lie, Feng Jiang, Tingting Que, Qianqian Huang, Journal of Financial and Quantitative Analysis (forthcoming)

Cash holding adjustments and managerial entrenchment. Erik Lie, Zhan Jiang, Journal of Corporate Finance, 2016

The effect of poison pill adoptions and court rulings on firm entrenchment. Randall A. Heron, Erik Lie, Journal of Corporate Finance, 2015

Time Trends and Determinants of the Method of Payment in M&As. Erik Lie, Audra L. Boone, Yixin Liu, Journal of Corporate Finance, 2014, vol 27, 296–304

The Role of Investment Banker Directors in M&A. Qianqian Huang, Feng Jiang, Erik Lie, Ke Yang, Journal of Financial Economics, 2014, vol 112, 269–286

Share repurchases, catering, and dividend substitution. Zhan Jiang, Kenneth A. Kim, Erik Lie, Sean Yang, Journal of Corporate Finance, 2013

The effect of change-in-control covenants on takeovers: Evidence from leveraged buyouts. Erik Lie, Matthew T. Billett, Zhan Jiang, Journal of Corporate Finance, 2010, vol 16, 1-15

Option grant backdating investigations and capital market discipline. Erik Lie, Kenneth Carow, Randall Heron, Robert Neal, Journal of Corporate Finance, 2009, vol 15, 562-572

Financial restructuring in fresh start Chapter 11 reorganizations. Erik Lie, Kimberly J. Rodgers , Randall A. Heron, Financial Management, 2009

What fraction of stock option grants to top executives have been backdated or manipulated?. Erik Lie, Randall A. Heron, Management Science, 2009, vol 55, 513-525

Dividend Changes and Catering Incentives. Wei Li, Erik Lie, Journal of Financial Economics, 2006, vol 80, 293-308

Working papers 

Dividend stickiness, debt covenants, and earnings management. Jaewoo Kim, Kyeong Hun Lee, Erik Lie, accepted at Contemporary Accounting Research

Do stock options overcome managerial risk aversion? Evidence from option exercises. Randall Heron, Erik Lie, Management Science (forthcoming)

Corporate cash holdings and acquisitions. Erik Lie, Yixin Liu

Investor inattention and stock prices: evidence from acquisitions with a choice of payment type. Erik Lie

Union concessions following asset sales and takeovers. Erik Lie, Tingting Que

Current and prior positions 
Wilson P. and Martha Claiborne Stephens Associate Professor, College of William & Mary, 2002 - 2004
Assistant Professor, College of William & Mary, 1996 - 2002
Review and editorial work 

Editor, Financial Management Survey & Synthesis Series, January 2011 - Current

Associate Editor, Financial Management, January 2010 - Current

Presentations 

University of Oregon, May 2014

City University of Hong Kong, Hong Kong, April 2014

Committees and professional service 
MBA committee
EFC, 2009 - 2011
Dean's Advisory Council, 2008 - 2010
P&T Committee, 2008 - 2010