Cornell University The Johnson School at Cornell University
S. Abraham  Ravid

S. Abraham Ravid

Visiting Professor of Finance
PhD, Cornell University

S. Abraham Ravid's research interests include corporate finance, including mergers, bankruptcy and debt structure, and contracting as well as interactions of production and financial decisions, and applications of corporate finance and contracting to the media industries, in particular, the movie industry. At the Johnson School he teaches NBA 547, Advance Topics in Corporate Finance, and NRE 511, Doctoral Seminar in Corporate Finance. He has taught at Rutgers University, Yale University, NYU, UCLA Columbia University and Haifa University in Israel. He also taught numerous doctoral courses and seminars in Finland, Sweden, London, and the European Institute in Brussels.

Ravid has published over 35 refereed academic articles and papers, as well as many book chapters and other articles. His work has appeared in the most highly respected journals in finance, economics, and marketing, including the Journal of Finance, Quarterly Journal of Economics, Review of Financial Studies, Bell Journal of Economics, Journal of Business and the Journal of Marketing. He is the recipient of several research awards, including the Mallen award for the best published research on the economics and business of film (2004). He has presented his work at dozens of conferences around the world, and at the invitation of numerous of schools around the world, including Yale, Berkeley, UCLA, Columbia, NYU, Dartmouth, Emory, University of Southern California, Vanderbilt, Hebrew University, Stockholm School of Economics, and INSEAD. His work on the media industries was cited in the press in four continents including in the New York Times, Wall Street Journal, CNBC, Fox News, BBC, the Independent of London, the Australian, the New Yorker, Variety, and Fortune magazine. He taught courses on the economics of the entertainment industries at NYU, UCLA and Yale. Ravid has also consulted to government and private industry. Prior to receiving his PhD from Cornell, Ravid was a professional radio journalist and a documentary film maker.

Professor Ravid's vita


Selected Publications

"Choosing to Co-Finance: an Analysis of Project-Specific Alliances in the Movie Industry" (with Darius Palia and Natalia Reisel), Review of Financial Studies, forthcoming.

"On Toeholds and Bidding Contests" (with M. Spiegel), Journal of Banking and Finance, July 1999, Vol. 23 # 8 pp. 1219-1242.

"Information Blockbusters and Stars: A study of the motion pictures industry." Journal of Business, October, 1999.

"Asymmetric Information, Corporate Myopia and Implications for Capital Gains Tax Rates" (with T. Chemmanur), Journal of Financial Intermediation, 1999, vol. 8 pp. 205-231.

On leverage and bidding strategies: A theoretical and empirical study (with M. Clayton), Review of Financial Studies, Summer 2002, pp. 723-750.

"The Impact of Critics on the Success and Failure of Motion Pictures Influencers vs. Predictors" (with S. Basuroy and S. Chatterjee), Journal of Marketing, vol. 67, October 2003, pp. 103-117.

"Executive Objective Function, the R-Rated puzzle and the Production of Violent Films" (with S. Basuroy), Journal of Business, April 2004.

"Distributors and Critics: Does it take two to tango? " (with J. Wald and S. Basuroy), Journal of Cultural Economics, Volume 30 (3), December 2006, pp.201-218.

"Film Production in the Digital Age." Chap. 2 in A Concise Handbook of Movie Industry Economics, C. Moul, editor, Cambridge University Press, 2005.


sr424@cornell.edu
343 Sage Hall

607-254-8336