Sauder School of Business

Hernan  Ortiz-Molina

Hernan Ortiz-Molina
BS (Buenos Aires), MA (CEMA), PhD (Maryland)

Associate Professor

Office:    Henry Angus 873
Phone:     +1-604-822-6095
Fax:    +1-604-822-4695
Email:    < hernan.ortiz-molina at >

University of British Columbia
Sauder School of Business
2053 Main Mall, Vancouver BC, V6T 1Z2

Curriculum Vitae

Personal Homepage

Research Interests
Corporate Finance and Governance, Executive Compensation, Interaction Between Real and Financial Decisions, Cross-Sectional Determinants of Stock Returns.

Selected Publications

Jan Bena and Hernan Ortiz-Molina
Pyramidal Ownership and the Creation of New Firms
Journal of Financial Economics, forthcoming

Hernan Ortiz-Molina and Gordon Phillips
Real Asset Illiquidity and Cost of Capital
Journal of Financial and Quantitative Analysis, forthcoming

Huafeng (Jason) Chen, Marcin Kacperczyk, and Hernan Ortiz-Molina
Do Non-financial Stakeholders Affect the Pricing of Risky Debt? Evidence from Unionized Workers
Review of Finance, Vol. 16, 2012, 347-383

Sandy Klasa, William F. Maxwell, and Hernan Ortiz-Molina
The Strategic Use of Corporate Cash Holdings in Collective Bargaining with Labor Unions
Journal of Financial Economics, Vol. 92, 2009, 421-442.

Hernan Ortiz-Molina
Executive Compensation and Capital Structure: The Effects of Convertible Debt and Straight Debt
Journal of Accounting and Economics, Vol. 43, 2007, 69-93.

Hernan Ortiz-Molina
Top-Management Incentives and the Pricing of Corporate Public Debt
Journal of Financial and Quantitative Analysis, Vol. 41, 2006, 317-340.

Awards, Recognitions, and Relations
2012 - Runner up for the Spaengler IQAM Prize for the best paper published in the Review of Finance in 2012.

2007 - Winner of the Best Paper Award in Valuation at the Northern Finance Association Meetings 2007.

2006 - Winner of the William F. Sharpe Award for the best paper published in the JFQA during the year 2006.