Joseph Gerakos

Joseph Gerakos studies incentive problems and their relation to accounting and compensation systems. His current research focuses on financial contracting between hedge fund managers and investors, specifically on how investors' redemption rights vary with the potential for fraud and financial misreporting on the part of hedge fund managers. This research is funded by the Chicago Booth's Initiative on Global Markets.

Gerakos was a Nathan Foundation Doctoral Fellow in 2006, a KPMG Foundation Doctoral Fellow in 2005, and an American Accounting Association Doctoral Consortium Fellow in 2005. Along with his co-author Gavin Cassar, he recently received a research grant from the Global Association of Risk Professionals to investigate the risk management practices of hedge funds.

Gerakos earned a Ph.D. in applied economics from the University of Pennsylvania, an M.B.A. in finance and accounting from the Wharton School of the University of Pennsylvania, and an A.B. in Russian language and literature from Dartmouth College.

Selected Publications

CEO Pensions: Disclosure, Managerial Power, and Optimal Contracting (working paper).

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With Brian Bushee and Mary Ellen Carter, "Institutional Investor Preferences for Corporate Governance Mechanisms" (working paper).

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With Chris Ittner and Frank Moers, "Compensation Objectives and Non-Cash Pay: An Investigation of Benefits and Broad-Based Equity Grants" (working paper).

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