Matthew Cain conducts research on mergers and acquisitions, private equity, and financial contracting. Professor Cain teaches both undergraduate and MBA-level courses on mergers and acquisitions. He holds a Ph.D. in Finance from Purdue University, and prior to academia he spent several years as an analyst in private placements and loan syndications groups. He currently publishes research in finance, accounting, and law journals and provides consulting services on various aspects of M&A transaction-related litigation.

Areas of Expertise

• - Mergers and Acquisitions
• - Corporate Finance

Education

• - BS, Grove City College
• - Ph D, Purdue University

Teaching

• - Corporate Restructuring, Mergers & Acquisitions
• - Mergers and Acquisitions

Publications

• Information Production by Investment Banks: Evidence from Fairness Opinions, (with David J. Denis), Journal of Law and Economics, forthcoming.


• Delaware's Competitive Reach, 2012, (with Steven M. Davidoff), Journal of Empirical Legal Studies 9, 92-128.


• Form Over Substance? The Value of Corporate Process and Management Buy-outs, 2011, (with Steven M. Davidoff), Delaware Journal of Corporate Law 36, 1-54.


• Earnouts: A Study of Financial Contracting in Acquisition Agreements, 2011, (with David J. Denis, Diane K. Denis), Journal of Accounting and Economics 51, 151-170.

Working Papers

• CEO Personal Risk-Taking and Corporate Policies, (with Stephen B. McKeon), R&R, JFQA.


• A Great Game: The Dynamics of State Competition and Litigation, (with Steven M. Davidoff)., Under Review.


• Broken Promises: Private Equity Bidding Behavior and the Value of Reputation, (with Steven M. Davidoff, Antonio J. Macias), Under Review.

Recent media coverage

• The Harvard Law School Forum on Corporate Governance and Financial Regulation, 3/26/2013, Takeover Litigation in 2012


• New York Times DealBook, 3/8/2013, Debating the Merits of the Boom in Merger Lawsuits


• New York Times, 3/6/2012, A Mirror Can Be a Dangerous Tool for Some C.E.O.s


• Thomson Reuters, 1/17/2012, Study of Competition for M&A Litigation


• The Wall Street Journal, 8/20/2011, Management for Effective CEOs, Look Up


• WSJ MarketBeat, 8/17/2011, Video Blog


• WSJ SmartMoney, 8/16/2011, Which Stocks Are Risky? Ask the F.A.A.


• TheStreet / Yahoo!, 8/11/2011, 'Daredevils' Make Bad Investors, Great CEOs


• Forbes, 8/9/2011, CEOs Who Fly Planes Do Better at the Job