Faculty & Research

Bob Hamada

Robert S. Hamada

Edward Eagle Brown Distinguished Service Professor of Finance Emeritus

5807 South Woodlawn Avenue
Chicago, IL 60637

  • Biography
  • Selected Publications

Robert S. Hamada is the Edward Eagle Brown Distinguished Service Professor of Finance Emeritus at the University of Chicago Booth School of Business. Hamada served as dean of the Chicago Booth from 1993 until 2001; deputy dean for the faculty from 1985 until 1990; and director of the Center of Research for Security Prices (CRSP) from 1980-85. Hamada has held numerous titles at the school, including instructor of finance; assistant professor of finance; associate professor of finance; professor of finance; Edward Eagle Brown Professor of Finance; and Edward Eagle Brown Distinguished Service Professor of Finance.

Hamada is an elected member of numerous boards, including TIAA/CREF; Northern Trust Company; Manville Corp.; Fleming Corp.; Chicago Board of Trade as public director, serving three four-year terms; Riverwood International; Coremark Corp.; Van Straaten Chemical Co.; Merchants Exchange; A.M.Castle & Co.; Flying Food Fare; and Federal Signal Corp. 

In addition, he serves as an elected member of several nonprofit boards, including National Health Foundation; University of Chicago Laboratory Schools; Terra Museum and Foundation; National Bureau of Economic Research (NBER); WTTW/WFMT (public television); Hyde Park Harper Court Foundation; Hyde Park Neighborhood Club; Hyde Park Coop; and American Finance Association.

Hamada has been a member of the faculty of the University of Chicago since 1966. He holds bachelor’s degree in chemical engineering from Yale University, and a master of science in industrial management and PhD in finance, both from the Sloan School of Management at Massachusetts Institute of Technology.

He is the former associate editor of the Journal of Finance, Journal of Financial and Quantitative Analysis, and Journal of Applied Corporate Finance; and former consulting editor in finance, Scott, Foresman & Co. He received the McKinsey Award for Excellence in Teaching, 1981.

“Differential Taxes and the Structure of Equilibrium Rates of Return: Managerial Implications and Remaining Conundrums,” Advances in Financial Planning and Forecasting, vol. II, (1986).

With Myron Scholes, "Taxes and Corporate Financial Management," in Altman and Subrahmanyan, eds., Recent Advances in Corporate Finance (Irwin Press, 1985).

"Financial Theory and Taxation in an Inflationary World: Some Public Policy Issues," Journal of Finance (May 1979).

"The Effect of the Firm's Capital Structure on the Systematic Risk of Common Stocks," Journal of Finance (May 1972).

"Investment Decision with a General Equilibrium Mean-Variance Approach," Quarterly Journal of Economics (November 1971).

"Portfolio Analysis, Market Equilibrium and Corporation Finance," Journal of Finance (March 1969); reprinted in Stephan Archer and Charles A. D'Ambrosio, eds., The Theory of Business Finance: A Book of Readings (Macmillan Publishing Co., 1976).