Michael Hertzel

Michael Hertzel is Professor of Finance at ASU W. P. Carey School of Business and a Dean’s Council of 100 Distinguished Scholar. Formerly, he was the Richard Kraemer Professor of Finance, and a Ford Honors Program Faculty Fellow. Professor Hertzel received his Ph.D. from the University of Oregon in 1988 and earned B.A., M.S., and MBA degrees from the University of Rochester.  

Professor Hertzel has research interests in corporate finance, capital markets, supply-chain finance, and behavioral economics. He has published numerous academic papers in premiere journals including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Accounting and Economics, and Management Science. He is the recipient of the 2008 Journal of Financial Economics best paper award in capital markets.  

Professor Hertzel has presented at more than 50 conferences and universities worldwide. At ASU he has taught corporate finance to undergraduates and to graduate students in the MSF, MBA, and PhD programs. He has been very active in honors and doctoral education serving as a member or chair of numerous honors and doctoral thesis committees.