Craig Doidge

Professor of Finance, Professorship in Corporate Governance, Vice Dean Faculty

Degrees:

PhD, Ohio State University
MSc, University of Saskatchewan
B.Comm., University of Saskatchewan

Email:

Bio

Craig Doidge is a Professor of Finance and Vice Dean, Faculty at Rotman. His research and teaching interests include international financial markets and corporate finance. He has published numerous papers in leading finance journals. His research was awarded the Fama-DFA Prize for Best Paper in Capital Markets and Asset Pricing (2004) and the Jensen Prize for Best Paper in Corporate Finance and Organizations (2017). In 2017, he was voted as the Executive MBA Outstanding Faculty of the Year. Craig is formerly an Associate Editor of the Review of Financial Studies, a guest editor for the Emerging Markets Review, and served on several editorial boards. He previously served as the Finance Area coordinator from 2012-2018.

Academic Positions

2020-

Vice Dean, Faculty, Rotman School of Management, University of Toronto
2016-

Professorship in Corporate Governance, Rotman School of Management, University of Toronto
2015-

Professor, Rotman School of Management, University of Toronto
2008-2015

Associate Professor, Rotman School of Management, University of Toronto
2002-2008

Assistant Professor, Rotman School of Management, University of Toronto

Selected Publications - Papers

Collective action and governance activism

A. Virani, C. Doidge, A. Dyck, H. Mahmudi

Review of Finance

Issue:23

2019

Pages: 893-933
Eclipse of the public corporation or eclipse of the public markets?

C. Doidge, K. Kahle, A. Karolyi, and R. Stulz

Journal of Applied Corporate Finance

Issue:30

2018

Pages: 8-16
The U.S. listing gap

C. Doidge, A. Karolyi, and R. Stulz

Journal of Financial Economics

Issue:123

2017

Pages: 464-487
Taxes and corporate policies: Evidence from a quasi natural experiment

C. Doidge and A. Dyck

Journal of Finance

Issue:70

2015

Pages: 45-89
The U.S. left behind? Financial globalization and the rise of IPOs outside the U.S.

C. Doidge, A. Karolyi, and R. Stulz

Journal of Financial Economics

Issue:110

2013

Pages: 546-573
Does cross-listing facilitate changes in corporate ownership and control?

M. Ayyarari and C. Doidge

Journal of Banking and Finance

Issue:34

2010

Pages: 208-223
Why do foreign firms leave U.S. equity markets?

C. Doidge, A. Karolyi, and R. Stulz

Journal of Finance

Issue:65

2010

Pages: 1507-1553
Has New York become less competitive than London in global markets? Evaluating foreign listing choices over time

C. Doidge, A. Karolyi, and R. Stulz

Journal of Financial Economics

Issue:91

2009

Pages: 253-287
Private benefits of control, ownership, and the cross-listing decision

C. Doidge, A. Karolyi, K. Lins, D. Miller, and R. Stulz

Journal of Finance

Issue:64

2009

Pages: 425-466
Why do countries matter so much for corporate governance?

C. Doidge, A. Karolyi, and R. Stulz

Journal of Financial Economics

Issue:86

2007

Pages: 1-39
Measuring the economic importance of exchange rate exposure

C.Doidge, J. Griffin, and R. Williamson

Journal of Empirical Finance

Issue:4-5

2006

Pages: 550-576
U.S cross-listings and the private benefits of control: Evidence from dual-class firms

C. Doidge

Journal of Financial Economics

Issue:72

2004

Pages: 519-553
Why are foreign firms listed in the U.S. worth more?

C. Doidge, A. Karolyi, and R. Stulz

Journal of Financial Economics

Issue:71

2004

Pages: 205-238
Volatility Forecasting and the Efficiency of the Toronto 35 Index Options Market

C. Doidge and J. Wei

Canadian Journal of Administrative Sciences

Issue:15

1998

Pages: 28-38

Research and Teaching Interests

Corporate Finance, International Finance.

Honors and Awards

2017

Jensen Prize for Corporate Finance and Organizations, Journal of Financial Economics
2017

Executive MBA Outstanding Faculty of the Year, Rotman School of Management
Various years

Teaching Award, Rotman School of Management
2013

Research Grant, Rotman - ICPM
2005-2009

Research Grant, SSHRC
2004

Fama-DFA Prize for Capital Markets and Asset Pricing, Journal of Financial Economics
1998

Research Award, The Toronto Society of Financial Analysts

Academic / Professional Service

2019-2020

Director, Faculty Recruiting, Rotman School of Management
2012-2018

Finance Area Coordinator, Rotman School of Management
2016

Co-Chair, China International Conference in Finance
2014-

Advisory Editor, Journal of Multinational Financial Management
2019-2020

Associate Editor, Journal of Empirical Finance
2014-2020

Associate Editor, International Review of Finance
2013

Guest Editor, Emerging Markets Review
2013-2020

Associate Editor, Emerging Markets Review
2011-2014

Associate Editor, Review of Financial Studies

Craig Doidge

Craig Doidge

Bio

Academic Positions

Vice Dean, Faculty, Rotman School of Management, University of Toronto

Professorship in Corporate Governance, Rotman School of Management, University of Toronto

Professor, Rotman School of Management, University of Toronto

Associate Professor, Rotman School of Management, University of Toronto

Assistant Professor, Rotman School of Management, University of Toronto

Selected Publications - Papers

Collective action and governance activism

Eclipse of the public corporation or eclipse of the public markets?

The U.S. listing gap

Taxes and corporate policies: Evidence from a quasi natural experiment

The U.S. left behind? Financial globalization and the rise of IPOs outside the U.S.

Does cross-listing facilitate changes in corporate ownership and control?

Why do foreign firms leave U.S. equity markets?

Has New York become less competitive than London in global markets? Evaluating foreign listing choices over time

Private benefits of control, ownership, and the cross-listing decision

Why do countries matter so much for corporate governance?

Measuring the economic importance of exchange rate exposure

U.S cross-listings and the private benefits of control: Evidence from dual-class firms

Why are foreign firms listed in the U.S. worth more?

Volatility Forecasting and the Efficiency of the Toronto 35 Index Options Market

Research and Teaching Interests

Honors and Awards

Jensen Prize for Corporate Finance and Organizations, Journal of Financial Economics

Executive MBA Outstanding Faculty of the Year, Rotman School of Management

Teaching Award, Rotman School of Management

Research Grant, Rotman - ICPM

Research Grant, SSHRC

Fama-DFA Prize for Capital Markets and Asset Pricing, Journal of Financial Economics

Research Award, The Toronto Society of Financial Analysts

Academic / Professional Service

Director, Faculty Recruiting, Rotman School of Management

Finance Area Coordinator, Rotman School of Management

Co-Chair, China International Conference in Finance

Advisory Editor, Journal of Multinational Financial Management

Associate Editor, Journal of Empirical Finance

Associate Editor, International Review of Finance

Guest Editor, Emerging Markets Review

Associate Editor, Emerging Markets Review

Associate Editor, Review of Financial Studies