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Michael Roberts

Michael Roberts, PhD

William H. Lawrence Professor; Professor of Finance, The Wharton School

Research Interests:Applied econometrics, corporate investment, capital structure

About Michael

Professor Michael Roberts' primary research is in the area of corporate finance and in particular: capital structure, investment policy, financial contracting, and payout policy. Recent work has examined issues including the design of debt securities and the role of control rights in influencing financial and investment policy. His research has received several awards including the Brattle Prize for Distinguished Paper published in the Journal of Finance, and Best Paper awards at the Financial Management Association and Southwestern Finance Association annual conferences. He earned his BA in Economics from the University of California at San Diego, and his MA in Statistics and PhD in Economics from the University of California at Berkeley. In addition to his experience at the Wharton School, he has taught at Duke University's Fuqua School of Business.

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Executive Education Programs Taught

Advanced Finance Program

Accelerate your career by mastering multiple in-demand disciplines within the finance industry. This comprehensive, tailored learning journey takes you through six open-enrollment programs — each led by Wharton’s renowned Finance faculty. Upon completion, you will be granted highly sought-after Wharton alumni status.

Business Essentials for Executives

Accelerate your career with an in-depth understanding of the core concepts that drive business in every industry. Tap into the minds of Wharton’s world-renowned MBA faculty to become a stronger, more decisive leader.

Corporate Valuation

Academic Director

Learn how to evaluate the financial implications of strategic business decisions through financial modeling. Become more effective at communicating the consequences of financial decisions to your organization’s key stakeholders.

Executive Development Program

Ascend to greater levels of management by honing your business acumen in multiple core competencies and advance your strategic decision-making capabilities to think faster, smarter, and more creatively. Intensive executive coaching from Wharton’s world-renowned faculty prepares you to lead your organization through the massive disruption happening in industries everywhere.

Wharton Finance for Executives

Academic Director

Demystify the process of creating shareholder value; gain techniques to evaluate the financial impact and value of strategic decisions; and explore issues such as capital structures, diversification, and risk.