Gustavo Grullon

Gustavo Grullon is the Jesse H. Jones Professor of Finance at the Jesse H. Jones Graduate School of Business at Rice University. He received his B.B.A. in finance and economics from the University of Puerto Rico in 1991 and his Ph.D. in finance from Cornell University in 1999. He has been a faculty member at the Jones School since 1998, and has also served as a Visiting Professor at the Wisconsin School of Business, University of Wisconsin–Madison. He teaches courses on mergers and acquisitions and corporate financial policy in the MBA program and a corporate finance course in the Ph.D. program.

Professor Grullon's research covers a wide range of topics in empirical corporate finance, including how firms determine their investment, financing, and payout policies. His research also provides rational explanations for several documented anomalies in the asset-pricing literature, such as the closed-end fund discount, the tendency of investors to buy familiar stocks, the sharp increase in idiosyncratic risk during the internet boom, and the effect of managerial flexibility on firm value. His work has been published in the Journal of Finance, the Review of Financial Studies, the Journal of Financial Economics, the Journal of Business, the Journal of Financial and Quantitative Analysis, and the Journal of Financial Intermediation, among others, and has been featured in the Financial Times, the New York Times, the Washington Post, and The Wall Street Journal.