Reputation Management in Financial Firms
Speaker: William Wilhelm, William G. Shenkir Eminent Scholar, McIntire School of Commerce, University of Virginia
Centre for Corporate Reputation Programme Director, Alan Morrison (pictured right), welcomed William Wilhelm (pictured left) to a seminar at The Saïd Business School. Focusing on the role reputation has played in financial firms and how reputation concerns are reshaping the industry, the seminar provoked lively discussion.
Read the seminar presentation here
Biography: William Wilhelm
William Wilhelm is the William G. Shenkir Eminent Scholar, McIntire School of Commerce, University of Virginia. Prior to joining McIntire, Wilhelm was the American Standard Companies Visiting Professor of Management Studies, Said Business School, University of Oxford and Associate Professor of Finance, Carroll School of Management, Boston College.
Books
“Investment Banking: Institutions, Politics, and Law,” with Alan Morrison, Oxford University Press (2007, 2nd (paperback) ed., 2008). “Information Markets,” with Joseph Downing, Harvard Business School Press (November 2001).
Selected Journal Articles:
“A Comparative Analysis of IPO Proceeds Under Alternative Regulatory Environments,” with Lawrence Benveniste, Journal of Financial Economics 28, 1990, 173-207. “What's Special About the Specialist?” with Lawrence Benveniste and Alan Marcus, Journal of Financial Economics 32, 1992, 61-86. “IPO Allocations: Discriminatory or Discretionary?” with Alexander Ljungqvist, (Lead Article) Journal of Financial Economics 65, Issue 2, August 2002. “Evidence of Information Spillovers in the Production of Investment Banking Services,” with Lawrence Benveniste, Alexander Ljungqvist and Xiaoyun Yu, Journal of Finance, April 2003. “Partnership Firms, Reputation and Human Capital,” with Alan Morrison, American Economic Review 94, December 2004, 1682-92. “Does Prospect Theory Explain IPO Market Behavior?” with Alexander Ljungqvist, Journal of Finance 60, August 2005, 1759-90. “Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations,” with Alexander Ljungqvist and Felicia Marston, Journal of Finance 61, February 2006, 301-40. “Why are European IPOs so Rarely Priced Outside the Indicative Price Range?” with Tim Jenkinson and Alan Morrison, Journal of Financial Economics 80, 2006, 185-209. “The Demise of Investment-Banking Partnerships: Theory and Evidence,” with Alan Morrison, Journal of Finance 63, February 2008, 311-350. A Theory of the Transition to Secondary Market Trading of IPOs,” with Zhaohui Chen, Journal of Financial Economics 90, 2008, 219-236. “Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments,” with Alexander Ljungqvist and Felicia Marston, Review of Financial Studies 22, October 2009, 3977-4007.