Gayle R. Erwin

Associate Professor of Commerce
Finance

+1 434-924-7552
Office: 
308
Education: 
Ph.D., Economics, Krannert Graduate School of Management, Purdue University
M.S., Economics, Krannert Graduate School of Management, Purdue University
B.S., Finance and Economics, University of Illinois, Chicago
Areas of Expertise: 
Finance
Corporate finance
Mergers and acquisitions
Bankruptcy
Liquidation and restructuring
Equity offerings
Governance
Professional Activities: 

Professor Erwin specializes in the field of corporate finance. Her current research focuses on corporate restructurings, bankruptcy, mergers and acquisitions, and corporate governance issues. She teaches undergraduate and graduate courses in corporate finance and mergers and acquisitions.

Professor Erwin has published articles in a variety of academic and practitioner journals. She has also presented her research at numerous academic conferences across North America and Europe. Her recent publications include “To Live or Let Die? An Empirical Analysis of Voluntary Corporate Liquidations,” in Journal of Corporate Finance; “The Liquidity Effects Associated with Addition of a Stock to the S&P 500 Index: Evidence from Bid/Ask Spreads,” in The Financial Review; and “The Intra-Industry Effects of Open Market Share Repurchases: Contagion or Competitive?” in Journal of Financial Research. Professor Erwin has also presented several papers at the Financial Management Association national conference, including “The Effect of Corporate Governance and Ownership on the Outcome of Chapter 11 Reorganizations,” “Diversification, Operating Performance, and Shareholder Value: Evidence from Bank Mergers,” and “Evidence of Informed Trading in Options Markets Preceding Tender Offer Announcements.” She is an active member of The American Finance Association, the Financial Management Association, and the Eastern Finance Association. She also serves as an ad hoc reviewer for several academic journals.