Faculty & Research

Robert Vishny

Robert W. Vishny

Myron S. Scholes Distinguished Service Professor of Finance and Neubauer Faculty Director of the Davis Center

Robert Vishny’s area of expertise is behavioral and institutional finance. He currently teaches a course titled Behavioral and Institutional Finance. Vishny previously taught Cases in Financial Management and Corporation Finance at Booth over a 20 year period while he held the titles of Assistant Professor through the Eric J. Gleacher Distinguished Service Professor of Finance.

Amongst the areas that Vishny studied in the past were the market for corporate control, corporate governance around the world, privatization and the role of government in the economy, investor sentiment, and the limits of arbitrage.

Past professional experiences for Vishny include Founding Partner of LSV Asset Management; Trustee of College Retirement Equity Fund (CREF); Director of Program in Corporate Finance, National Bureau of Economic Research; Director of American Finance Association; and Advisor of Russian Privatization Ministry.

Vishny earned an A.B. with highest distinction in economics, mathematics, and philosophy from the University of Michigan and a Ph.D. from Massachusetts Institute of Technology.


2020 - 2021 Course Schedule

Number Title Quarter
31702 Leadership Effectiveness and Development (LEAD) Lab 2021  (Spring)
35215 Behavioral and Institutional Finance 2021  (Winter)


Research Activities

Behavioral and institutional finance; corporate governance around the world; political economy.

With A. Shleifer, “Large Shareholders and Corporate Control,” Journal of Political Economy (1986).

With A. Shleifer, “The Limits of Arbitrage,” Journal of Finance (1997).

With A. Shleifer, “A Survey of Corporate Governance,” Journal of Finance (1997).

With R. La Porta, F. Lopez-de-Silanes, and A. Shleifer, “Law and Finance,” Journal of Political Economy (1998).

With A. Shleifer, “Unstable Banking,” Journal of Financial Economics (forthcoming).