Stewart Myers
Stewart Clay Myers (born August 1, 1940 ) is an American economist.
Myers graduated from Williams College with a bachelor's degree and Stanford University with an MBA. From 1966 he taught at the Sloan School of Management at the Massachusetts Institute of Technology , where he is Robert C. Merton Professor of Finance.
He dealt in particular with the capital structure and financing of companies and wrote a textbook about it that is widely used in the USA. He also examined financial aspects of government regulation of companies. He introduced the term real option in 1977 . With Nicholas Majluf he developed the pecking order theory of corporate finance in 1984 .
He was president of the American Finance Association and is a partner in the financial advisory firm The Brattle Group .
In 2017 he was one of the Clarivate Citation Laureates in Economics.
Fonts (selection)
- with Alexander A. Robichek: Optimal financing decisions, Prentice-Hall, 1965
- Published in: Modern Developments in Financial Management, Dryden Press, 1976
- with Richard Brealey, Franklin Allen: Principles of Corporate Finance, 12th Edition, McGraw Hill 2016
- with Richard Brealey: Capital Investment and Valuation, McGraw Hill 2003
Web links
| personal data | |
|---|---|
| SURNAME | Myers, Stewart |
| ALTERNATIVE NAMES | Myers, Stewart Clay (full name) |
| BRIEF DESCRIPTION | American economist |
| DATE OF BIRTH | August 1, 1940 |