Professor Bruce Grundy received his PhD in Finance from the University of Chicago. Before moving to the University of Melbourne, he was a faculty member in the Graduate School of Business at Stanford University and the Wharton School of the University of Pennsylvania.
He has been a visiting faculty member at the University of Chicago, Goethe University Frankfurt, Singapore Management University, and London Business School. He is a past Managing Editor of the International Review of Finance and a past Associate Editor of the Journal of Finance, Review of Financial Studies, Journal of Financial Research, Journal of Financial and Quantitative Analysis and Accounting and Finance. He has published extensively on momentum trading strategies, option pricing, dividend policy, convertible bond pricing and design, hedge funds, rational expectations models, and corporate governance. His current research interests include the valuation of real options and charitable fund raising. He has consulted for investment banks, corporations, mutual funds and regulators in Australasia, Europe and the US. Professor Grundy has won many teaching and research awards including a Geewax-Terker Prize, Batterymarch Fellowship, Hauck Award, and FIRN Best Policy Paper Prize.
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An Investigation Of The Links Between Australia'S Taxation System And Investment In Austra..
Can Socially Responsible Firms Survive Competition? An Analysis of Corporate Employee Matc..
The buyers' perspective on security design: Hedge funds and convertible bond call provisio..
Storage And The Hotelling Valuation Principle: Understanding The Dynamics Of The Oil Indus..
Displaying the 3 most recent projects by Bruce Grundy.
Displaying the 22 most recent scholarly works by Bruce Grundy.
Why Do Option Prices Predict Stock Returns? The Role of Price Pressure in the Stock Market
Luis Goncalves-Pinto, Bruce D Grundy, Allaudeen Hameed, Thijs van der Heijden, Yichao Zhu
Journal article | 2020 | Management Science
Stock and options markets can disagree about a stock’s value because of informed trading in options and/or price pressure in the s..
Can Socially Responsible Firms Survive Competition? An Analysis of Corporate Employee Matching Grant Schemes
Ning Gong, Bruce D Grundy
Journal article | 2019 | Review of Finance
Employee matching grant schemes are coordination mechanisms that reduce free-riding by socially conscious employee-donors. Matchin..
Do option markets undo restrictions on short sales? Evidence from the 2008 short-sale ban
BD Grundy, BY Lim, P Verwijmeren
Journal article | 2012 | Journal of Financial Economics
The effectiveness of any sanction depends on the costs of avoiding its restrictions. We examine whether bearish option strategies ..