University of Pittsburgh

Faculty

Chad J. Zutter

Assistant Professor of Finance

Office: 363 Mervis Hall
Phone: 412-648-2159
E-mail: czutter@pitt.edu
Homepage: http://www.pitt.edu/~czutter

Photo of Chad J. Zutter in front of the Cathedral of Learning

Degrees

PhD, Finance, Indiana University (Bloomington)
BBA, Finance, University of Texas (Arlington)

Courses Recently Taught

BUSFIN 1321 Investment Management (CBA)
BUSFIN 1030 Introduction to Finance (CBA)
BFIN 2006 Financial Management (MBA)

Interest Group

Finance

Profile

Professor Zutter's research interests are in corporate finance and include initial and seasoned public offerings, mergers and acquisitions, and governance structure. He has received numerous awards, including the Students' Choice Award, the NASDAQ Research Fellowship, the Teaching Excellence Recognition Award, and the Ronald E. McNair Research Fellowship. Professor Zutter has taught courses in financial management, investments, and market microstructure.

Recent Publications

"Why Do Private Acquirers Pay So Little Compared to Public Acquirers?" with Leonce Bargeron, Frederik Schlingemann, and René Stulz, 2008, Journal of Financial Economics, forthcoming

"Dual Class IPOs Are Underpriced Less Severely" with Scott Smart, 2008, Financial Review, 43, 85-106.

"What's in a Vote? The Short- and Long-Run Impact of Dual-Class Equity on IPO Firm Value" with Scott Smart and Ramabhadran Thirumalai, 2008, Journal of Accounting and Economics, 45, 94-115.

"Information Revelation in the Futures Market: Evidence from the Single Stock Futures Market" with Kuldeep Shastri and Ramabhadran Thirumalai, 2008, Journal of Futures Market, 28, 1-19.

"Control as a Motivation for Underpricing: A Comparison of Dual- and Single-Class IPOs," with Scott B. Smart, Journal of Financial Economics, Vol. 69, pp. 85-110, 2003.

Recent Working Papers

  • "Acquisitions, Strategic IPO Underpricing, and Firm Survival" with Thomas Boulton and Scott Smart
  • "Earnings Quality and International IPO Underpricing" with Thomas Boulton and Scott Smart
  • "Governance and International IPO Underpricing" with Thomas Boulton and Scott Smart
  • "Sarbanes-Oxley and Corporate Risk-Taking" with Leonce Bargeron and Kenneth Lehn
  • "The Short and Long-run Financial Impact of Corporate Outsourcing Transactions" with Ning Gao and Kuldeep Shastri
  • "Ownership Structure and Target Returns" with Scott Bauguess, Sara Moeller, and Frederik Schlingemann
  • "Why Do Firms Go Public? Evidence from the Banking Industry" with Evren Ors, Richard Rosen, and Scott Smart