UMass Boston

Corporate Finance, Investments

PhD, Finance, University of Connecticut
MBA, Finance, University of Connecticut
BA, Business Administration, Marmara University, Istanbul, Turkey

• Ertugrul, M., & Marciukaityte, D. (2021). Labor unions and corporate social responsibility. Journal of Banking & Finance, 125, 106061.
• Bardos, K. S., Ertugrul, M., & Gao, L. S. (2020). Corporate social responsibility, product market perception, and firm value. Journal of Corporate Finance, 62, 101588.
• Chemmanur, T. J., Ertugrul, M., & Krishnan, K. (2019). Is it the investment bank or the investment banker? A study of the role of investment banker human capital in acquisitions. Journal of Financial and Quantitative Analysis, 54(2), 587-627.
• Ertugrul, M., Lei, J., Qui, J., Wan, C. (2017). Annual Report Readability, Tone Ambiguity, and the Cost of Borrowing. Journal of Financial and Quantitative Analysis, 52(2), 811-836.
• Ertugrul, M. (2015). Bargaining Power of Targets: Takeover Defenses and Top-Tier Target Advisors. Journal of Economics and Business, 78, 48-78.
• Ertugrul, M., Krishnan, K. (2014). Investment Banks in Dual Roles: Acquirer M&A Advisors as Underwriters, Journal of Financial Research 37, 159-189.
• Ertugrul, M. (2013). Employee-Friendly Acquirers and Acquisition Performance, Journal of Financial Research, 36, 347-370.
• Ertugrul, M., Krishnan, K. (2011). Can CEO Dismissals be Proactive? Journal of Corporate Finance, 17, 134-151.
• Ertugrul, M., Giambona, E. (2011). Property Segment and REIT Capital Structure. Journal of Real Estate Finance and Economics, 43(4), 505-526.
• Ertugrul, M., Hegde, S. (2009). Corporate Governance Ratings and Firm Performance. Financial Management, 38, 139-160.
• Ertugrul, M., Hegde, S. (2008). Board Compensation Practices and Agency Costs of Debt. Journal of Corporate Finance, 14, 512-531.
• Ertugrul, M., Sezer, O., Sirmans, C.F (2008). Financial Leverage, CEO Compensation, and Corporate Hedging: Evidence From Real Estate Investment Trusts. Journal of Real Estate Finance and Economics, 36(1), 53-80.

Websites

SSRN: http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=664358

Google Scholar: http://scholar.google.com/citations?user=dzxYb34AAAAJ&hl=en

Awards

• 2016 Donald Shephard Award for Distinguished Research, University of Massachusetts Boston 
• Outstanding Corporate Finance Paper Award at the Eastern Finance Association Meetings in 2007
• 2006 Summer Research Award at the University of Toledo, the Doctoral Dissertation Award
• Stephen Messner Outstanding PhD Student in Finance Award at the University of Connecticut

Professional Activities

• Associate Editor – Finance and Accounting, Journal of Business Research
• Program committee member for several Eastern Finance Association and Financial Management Association Meetings
• Served as referee for the Journal of Banking and Finance, Journal of Corporate Finance, Real Estate Economics, Journal of Real Estate Finance and Economics, and The Financial Review
• Ertugrul’s research has been cited in media outlets such as Bloomberg and Dow Jones Newswires.