Image of Board Seal

Dalida Kadyrzhanova

Education

  • Ph.D., Economics, Columbia University, 2006
  • B.A., Economics, Bryn Mawr College, 1999
Current Research Topics
  • Corporate Finance, Capital Structure, Bank Lending
  • Intangible Capital, Innovation, Governance
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2020 - present
  • Assistant Professor of Finance

    Robinson College of Business, Georgia State University

    2014 - 2020
  • Visiting Assistant Professor of Finance

    Fuqua School of Business, Duke University

    2011
  • Assistant Professor of Finance

    Smith School of Business, University of Maryland

    2006 - 2014
  • Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut
    Antonio Falato, Dalida Kadyrzhanova, Jae W. Sim, and Roberto Steri
    Journal of Finance (Forthcoming)
    See also » FRB Working Paper (2013)
  • Bank Lending in the Knowledge Economy
    Giovanni Dell’Ariccia, Dalida Kadyrzhanova, Camelia Minoiu, and Lev Ratnovski
    Review of Financial Studies (2021)
    https://doi.org/10.1093/rfs/hhaa144
    See also » FRB Working Paper (2020)
  • Distracted Directors: Does Board Busyness Hurt Shareholder Value?
    Antonio Falato, Dalida Kadyrzhanova, and Ugur Lel
    Journal of Financial Economics (2014)
    https://doi.org/10.1016/j.jfineco.2014.05.005
  • Governing Misvalued Firms
    Dalida Kadyrzhanova and Matthew Rhodes-Kropf
    NBER Working Paper Series (2014)
    https://doi.org/10.3386/w19799
  • Concentrating on Governance
    Dalida Kadyrzhanova and Matthew Rhodes-Kropf
    Journal of Finance (2011)
    https://doi.org/10.1111/j.1540-6261.2011.01684.x
  • Executive Compensation: An Overview of Research on Corporate Practices and Proposed Reforms
    Michael Faulkender, Dalida Kadyrzhanova, N. Prabhala, and Lemma Senbet
    Journal of Applied Corporate Finance (2010)
    https://doi.org/10.1111/j.1745-6622.2010.00266.x
  • conference

    2021

    Western Finance Association

    Capital Structure with Imperfect Competition: Theory and Evidence

  • conference

    2020

    Midwest Finance Association

    Capital Structure with Imperfect Competition: Theory and Evidence

  • seminar

    2020

    Federal Reserve Board

    Bank Lending in the Knowledge Economy

  • discussion

    2020

    SFS Cavalcade

    Financial Constraints and Product Market Decisions: the Role of Production Cycles

  • discussion

    2019

    Conference on Financial Economics and Accounting

    Common Ownership and Startup Growth

  • conference

    2018

    Financial Stability Implications of New Technology, Atlanta Fed

    Bank Lending in the Knowledge Economy

  • discussion

    2018

    Western Finance Association

    Dissecting Conglomerates

  • conference

    2017

    Adam Smith Workshop in Corporate Finance

    Bank Lending in the Knowledge Economy

  • conference

    2017

    American Economic Association Meeting, Chicago, IL

    Bank Lending in the Knowledge Economy

  • conference

    2017

    Conference on Financial Economics and Accounting

    Bank Lending in the Knowledge Economy

  • conference

    2017

    Finance Down Under Conference

    Do Classified Board Deter Takeovers? Evidence from Merger Waves

  • conference

    2017

    NBER Summer Institute

    Bank Lending in the Knowledge Economy

  • conference

    2017

    Wharton Conference on Liquidity and Financial Fragility

    Bank Lending in the Knowledge Economy

  • seminar

    2017

    Clemson University

    Managerial Entrenchment and Merger Waves

  • seminar

    2017

    University of Melbourne

    Capital Structure with Imperfect Competition: Theory and Evidence

  • seminar

    2017

    University of New South Wales

    Bank Lending in the Knowledge Economy

  • discussion

    2017

    American Finance Association

    The Effect of Inversions on Corporate Governance

  • discussion

    2017

    Conference on Financial Economics and Accounting

    Why Do Firms Hold Cash? Evidence from Demographic Demand Shifts

  • conference

    2016

    Financial Intermediation Research Conference

    Managerial Entrenchment and Merger Waves

  • seminar

    2016

    Bristol University

    Managerial Entrenchment and Merger Waves

  • seminar

    2016

    Exeter University

    Managerial Entrenchment and Merger Waves

  • seminar

    2016

    University of Miami

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • discussion

    2016

    American Finance Association

    Labor Unions and Payout Policy: a Regression Discontinuity Analysis

  • conference

    2015

    Midwest Finance Association

    Governing Misvalued Firms

  • discussion

    2015

    China International Conference in Finance

    Investment Efficiency and Product Market Competition

  • conference

    2015

    All-Georgia Finance Conference

    Managerial Entrenchment and Merger Waves

  • conference

    2015

    Finance Theory Group Summer School

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • seminar

    2015

    International Monetary Fund

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • discussion

    2015

    American Finance Association

    The Bonding Hypothesis of Takeover Defenses: Evidence from IPO Firms

  • discussion

    2015

    American Finance Association

    Can Changes in the Cost of Cash Resolve the Corporate Cash Puzzle?

  • conference

    2014

    American Finance Association

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • conference

    2014

    FSU SunTrust Conference

    Governing Misvalued Firms

  • conference

    2014

    UBS Summer Finance Conference

    Governing Misvalued Firms

  • seminar

    2014

    Swiss Finance Institute, EPFL, Lausanne

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • discussion

    2014

    American Finance Association

    Economic Effects of SOX Section 404 Compliance: A Corporate Insider Perspective

  • discussion

    2014

    Conference on Financial Economics and Accounting

    The Real Costs of Corporate Credit Ratings

  • discussion

    2014

    ESSFM, Gerzensee

    Does Hedging Reduct the Cost of Delegation

  • discussion

    2014

    Rotschild Caesarea Center Conference

    Staggered Board and Firm Value, Revisited

  • discussion

    2014

    UBC Summer Conference

    The Information Advantage of Underwriters in IPOs

  • conference

    2014

    Ackerman Conference on Corporate Governance

    Managerial Entrenchment and Merger Waves

  • conference

    2013

    American Finance Association

    Managerial Entrenchment and Merger Waves

  • conference

    2013

    ESSFM, Gerzensee

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • conference

    2013

    European Finance Association

    Governing Misvalued Firms

  • conference

    2013

    Financial Intermediation Research Conference

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • conference

    2013

    Miami Behavioral Finance Conference

    Governing Misvalued Firms

  • seminar

    2013

    Atlanta Fed

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • seminar

    2013

    Georgia State University

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • conference

    2013

    European Finance Association

    Governing Misvalued Firms

  • seminar

    2013

    Georgetown Law

    Managerial Entrenchment and Merger Waves

  • seminar

    2013

    Rutgers University

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • seminar

    2013

    SEC

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • discussion

    2013

    American Finance Association

    Thirty Years of Shareholder Rights and Stock Returns

  • discussion

    2013

    Financial Intermediation Research Conference

    Good Monitoring, Bad Monitoring

  • discussion

    2013

    NBER Summer Institute

    The Macroeconomics of Firms' Savings

  • discussion

    2013

    SFS Cavalcade

    Performance Vesting Provisions in Executive Compensation

  • seminar

    2012

    Stockholm School of Economics

    Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

  • discussion

    2012

    Conference on Financial Economics and Accounting

    Are Busy Boards Detrimental?

  • discussion

    2012

    NBER Summer Institute

    A Theory of Income Smoothing when Insiders Know More than Outsiders

  • discussion

    2012

    Western Finance Association

    Why Ratings Matter: Evidence from the Lehman Brothers Index Rating Redefinition

Awards
  • 2013

    Western Finance Association

    CRA Award for Best Paper in Corporate Finance

  • 2007

    General Research Board, University of Maryland

    Summer Research Award

  • 2003

    Columbia University

    Dissertation Fellow

Conference Organization
  • 2021, 2022

    SFS Cavalcade

    Program Committee Member

  • 2021, 2022 | Chicago

    Midwest Finance Association

    Track Chair

  • 2020 | San Francisco

    Western Finance Association

    Session Chair

  • 2019 | Atlanta

    Financing Tangible and Intangible Capital, GSU-CEAR Finance Conference

    Conference Organizer

  • 2018 | Barcelona

    Financial Intermediation Research Society Meeting

    Session Chair

  • 2015 | Shenzhen

    China International Conference in Finance

    Session Chair

  • 2018-2022 | Philadelphia

    Center for Corporate Governance, LeBow College of Business, Drexel University

    External Fellow

  • 2012-2022

    Western Finance Association

    Program Committee Member

  • 2013-2022

    European Finance Association

    Program Committee Member

  • 2013-2020

    Midwest Finance Association

    Program Committee Member

  • 2015-2020

    Rotschild Caesarea Center Conference in Finance

    Program Committee Member

  • 2018-2020

    Finance Down Under Conference

    Program Committee Member

Referee
  • Journal of the European Economic Association
  • Journal of Finance
  • Journal of Financial Economics
  • Journal of Law and Economics
  • Management Science
  • Review of Corporate Financial Studies
  • Review of Finance
  • Review of Financial Studies
Professional Affiliation
  • American Finance Association
  • Midwest Finance Association
  • Western Finance Association
Back to Top
Last Update: August 2, 2024