Richard Herron

Assistant Professor

Academic Division: Finance
Tomasso
# 326

Bio

Richard Herron is an Assistant Professor of Finance at Babson College. Prior to joining Babson in 2015, he earned a Ph.D. in finance at Baruch College and The Graduate Center of The City University of New York (CUNY). He also taught undergraduate finance and economics courses at Baruch College as an Adjunct Professor. Baruch College recognized him for both research and teaching with the 2015 Oscar Lasdon Memorial Award for best doctoral dissertation in finance, the 2014 Helen Mills and Gary Tannenbaum Scholarship, and the 2013 John A. Elliot Award for outstanding teaching by a Ph.D. candidate. Prior to earning his Ph.D. in finance Richard was a submarine officer in the U.S. Navy. As a submariner he completed two deployments aboard USS Alexandria (SSN 757) home ported in Groton, CT. These include Alexandria's Circumnavigation deployment and a Mediterranean-Indian Ocean-Persian Gulf deployment, where he became a Shellback. After serving in Alexandria his shore tour was as a Senior Instructor in the Mechanical Engineering Department of the U.S. Naval Academy, where he decided to pursue a career in research and education. Prior to serving in Alexandria Richard earned an S.M. in Nuclear Engineering at the Massachusetts Institute of Technology and a B.S. in Mechanical Engineering at the U.S. Naval Academy, where he was a Trident Scholar. Richard's research interests are empirical corporate finance, with a focus on mergers and acquisitions, boards of directors, and payout policy.

Academic Degrees

  • Ph D, The Graduate Center and Baruch College, City University of New York
  • MBA, Zicklin School of Business, Baruch College, City University of New York
  • MS, Massachusetts Institute of Technology
  • BS, United States Naval Academy

Academic Interests

Corporate Governance; Corporate Finance; Finance; International Finance; Mergers and Acquisitions; Payout Policy

Awards & Honors

  • 2017 - Semifinalist for Top Corporate Finance Paper, 2017 FMA Annual Meeting
  • 2017 - Top 10% Author, SSRN

Courses

Degree Courses 2016-2017

  • SME 2021: PRINCIPLES OF FINANCE

Degree Courses 2015-2016

Presentations

  • Ambiguity, Risk, and Dividend Payout Policy
    Herron, R., Dahya, J., Izhakian, Y. Ambiguity, Risk, and Dividend Payout Policy 2017 FMA Annual Meeting, Boston, Massachusetts (2017)
  • Payout Policy and the Interaction of Firm- and Country-Level Governance
    Herron, R. Payout Policy and the Interaction of Firm- and Country-Level Governance 2017 FMA Annual Meeting, Boston, Massachusetts (2017)
  • Ambiguity, Risk, and Dividend Payout Policy
    Herron, R., Dahya, J., Izhakian, Y. Ambiguity, Risk, and Dividend Payout Policy 2017 European Meeting of the Econometric Society, Lisbon, Portugal (2017)
  • Ambiguity, Risk, and Dividend Payout Policy
    Herron, R., Dahya, J., Izhakian, Y. Ambiguity, Risk, and Dividend Payout Policy 2017 FMA European Conference, Lisbon, Portugal (2017)
  • Ambiguity, Risk, and Dividend Payout Policy
    Herron, R., Dahya, J., Izhakian, Y. Ambiguity, Risk, and Dividend Payout Policy 2017 International Conference of the Financial Engineering and Banking Society, University of Strathclyde, Glasgow (2017)
  • Payout Policy and the Interaction of Firm- and Country-Level Governance
    Herron, R. Payout Policy and the Interaction of Firm- and Country-Level Governance 2017 International Conference of the Financial Engineering and Banking Society, University of Strathclyde, Glasgow (2017)
  • Do investors follow directors?
    Herron, R., Dahya, J. Do investors follow directors? 2016 FMA Annual Meeting, Las Vegas, NV (2016)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? 2016 FMA Annual Meeting, Las Vegas, NV (2016)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? 2016 FMA European Conference, Helsinki, Finland (2016)
  • Do investors follow directors?
    Herron, R., Dahya, J. Do investors follow directors? 8th Boston Area Finance Symposium (BAFS), Lowell, MA (2016)
  • Do Investors Follow Directors?
    Herron, R., Dahya, J. Do Investors Follow Directors? 2016 MFA Annual Meeting, Atlanta, GA (2016)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Babson College, Babson Park, MA (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Cornerstone Research, New York, NY (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Federal Reserve Bank, Charlotte, NC (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Florida State University, Tallahassee, FL (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Sacred Heart University, Fairfield, CT (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? University of Minnesota (Duluth), Duluth, MN (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Elon University, Elon, NC (2014)
  • How much does your banker's target-specific experience matter?
    Herron, R. How much does your banker's target-specific experience matter? Ohio University, Athens, OH (2014)

Media Contributions

  • The Columbia Law School Blue Sky Blog
    Internet (2017)