Kevin Francis Rock

Kevin Rock conducts research on the structure, behavior, and efficiency of public and private securities markets. He studies privatizations, joint ventures, and the mergers and acquisitions of banks and insurance companies in the developing world and emerging markets. Rock's research includes "Why New Issues Are Underpriced" in the Journal of Financial Economics, "The Transactions Process and Rational Stock Price Dynamics" with Terry A. Marsh; and "Dividend Policy under Asymmetric Information," a chapter in Selected Works of Merton H. Miller: A Celebration of Markets: Volume 1: Finance.

Prior to joining the Chicago Booth faculty, Rock was a visiting associate professor of finance at the Sloan School of Business at the Massachusetts Insitutue of Technology, where he was named Teacher of the Year in 2003, 2000, and 1996, and where he taught courses in corporate finance and mergers and acquisitions. He was also a professor at the Wharton School of of the University of Pennsylvania and Harvard University. Additionally, he was a consultant-on-retainer at Goldman, Sachs & Co. and co-head of the Financial Institutions Mergers and Acquisitions Group of Citicorp Securities, Inc.

Rock earned a bachelor's degree from Harvard University in 1974. He earned an MBA in 1980, an MA in 1981, and a PhD in 1982, all from the University of Chicago.

Selected Publications