SHASTRI S. SANDY Assistant Professor of Finance Office Phone: (573) 882-4933 Trulaske College of Business Cell Phone: (312) 315-8395 University of Missouri Office Fax: (573) 884-6296 432 Cornell Hall Email: sandys@missouri.edu Columbia, MO 65211 EDUCATION University of Chicago, Booth School of Business Ph.D. in Finance, 2010 MBA, 2010 Support Area: Economics, Coordinated Sequence: Econometrics/Statistics Massachusetts Institute of Technology Masters of Engineering in Electrical Engineering and Computer Science, 2002 Bachelor of Science in Computer Science, 2001 Bachelor of Science in Management Science, 2001 Concentration in Finance, Minor in Economics ACADEMIC EMPLOYMENT University of Missouri Assistant Professor of Finance, 2010 - present RESEARCH Research Interests: Empirical corporate finance, corporate governance, behavioral finance; institutional investors, interaction between investors and the firm Working Papers (Under review at a top journal or being revised to be sent to a top journal) 1. Do Underwriters Place IPO Shares in the Best Hands and Does It Matter? (2 nd round at Journal of Financial Economics) Shastri S. Sandy (312) 315-8395 1
2. Does Shareholder Scrutiny Affect Executive Compensation? Evidence from Say-on- Pay Voting Co-author: Mathias Kronlund - Featured on Harvard Law School Forum on Corporate Governance and Financial Regulation, and on MarketWatch 3. Capital Structure as a Strategic Negotiating Tool: Evidence from Shareholder s Class Action Lawsuits 4. Limited Attention and Actionable Attention Shocks: Evidence from NYSE Opening and Closing Ceremonies Co-authors: Steve Crawford, Wesley Gray Work in Progress 1. What are the Real Effects of Shareholder Say-on-Pay Voting? with Mathias Kronlund 2. Frontrunning by Institutional Investors, with Steve Crawford, Wesley Gray 3. Initiating Mergers and Acquisitions, with Wesley Gray, Jack Vogel 4. Short-Trading by Hedge Funds, with Jaewon Choi Other Publications 1. Chat Assistant: An Online Distance Collaborative Decision Tool, Thesis, Masters of Engineering in Electrical Engineering and Computer Science, MIT. PRESENTATIONS 2014 Financial Management Association (FMA), Does Shareholder Scrutiny Affect Executive Compensation? Evidence from Say-on-Pay Voting, Nashville, TN (co-author presented paper) 2014 Mid-Atlantic Research Conference (MARC), Does Shareholder Scrutiny Affect Executive Compensation? Evidence from Say-on-Pay Voting, Philadelphia, PA 2012 Southwestern Finance Association (SWFA), Capital Structure as a Strategic Negotiating Tool: Evidence from Shareholder s Class Action Lawsuits, New Orleans, LA Shastri S. Sandy (312) 315-8395 2
Invited Finance Workshop Presentations 2015 University of Massachusetts - Amherst (upcoming) 2014 St. Louis University Federal Reserve Bank of Cleveland 2013 Wichita State University 2012 Villanova University SELECTED ACADEMIC AWARDS 2004-2008 University of Chicago, Booth School of Business Fellowship 2005 Center for Research in Security Prices (CRSP) Paper Award Honors 2013-2014 University of Missouri Faculty Scholars (4-campus system) Honor Societies National Society of Collegiate Scholars, Electrical Engineering and Computer Science Honors Society (HKN), Tau Beta Pi (TBP) National Engineering Honors Society INDUSTRY EXPERIENCE 2002-2004 Cornerstone Research, Boston, MA Litigation Consulting Research Analyst PROFESSIONAL ACTIVITIES 2014 Discussant, Northern Finance Association Reviewer for The Financial Review 2013 Reviewer for Journal of Banking and Finance 2012 Discussant, Southwestern Finance Association 2011 Discussant, Corporate Governance Conference, University of Missouri Memberships 2014 Member: NFA 2012-Present Member: WFA 2010-Present Member: AFA and FMA Shastri S. Sandy (312) 315-8395 3
TEACHING University of Missouri Fall 2014 Fall 2013 Fall 2012 Fall 2011 Fall 2010 Assistant Professor, Investments (2 sections) Independent Study Assistant Professor, Investments (4 sections) Assistant Professor, Investments (3 sections) Assistant Professor, Investments (3 sections) Independent Study Assistant Professor, Investments (2 sections) Assistant Professor, Investment Fund Management (1 section) University of Chicago: Booth School of Business Spring 2008 Teaching Assistant, Corporation Finance (2 sections Full Time MBA, 1 section Weekend MBA), Chicago Campus Winter 2007 Teaching Assistant, Business Statistics (2 sections Executive MBA), London and Singapore Campus Fall 2006 Teaching Assistant, Corporation Finance (1 section, Weekend MBA), Chicago Campus Fall 2006 Teaching Assistant, Financial Instruments (2 sections Full Time MBA, 1 section Weekend MBA), Chicago Campus Spring 2006 Teaching Assistant, Financial Instruments (2 sections Full Time MBA, 1 section Evening MBA), Chicago Campus Teaching Awards 2007 Teaching Assistant Award for Executive MBA London Campus Teaching Assistant Award for Executive MBA Singapore Campus UNIVERSITY SERVICE University of Missouri Chapter Advisor to Golden Key, an academic honor society program consisting of graduate and undergraduate students, 2013-Present Faculty Advisor for Reinvest Mizzou, a University of Missouri student run organization seeking to change the University of Missouri endowment investments, 2013-Present Guest Speaker to Trulaske Business Academy, Vasey Academy Students, Exploring Business FIG; speak to underrepresented ethnic minority students and freshmen students about the benefits of taking finance classes, and job prospects with a finance degree, 2011-Present Member of College of Business Internationalization Committee, 2012-2014 Shastri S. Sandy (312) 315-8395 4
UNIVERSITY SERVICE (cont.) Finance Department, Workshop Series Coordinator, Fall 2011-Spring 2013; applied for and received funding through University of Missouri Distinguished Lecture Series Warren Buffett Trip Faculty Coordinator, with 30 Finance students, Omaha, Nebraska, Fall 2011 Member of the College of Business Undergraduate Program Committee, 2010-2012 Faculty supervisor for CFA Global Investment Research Challenge, 2010-2011 CITIZENSHIP STATUS: U.S. Permanent Resident (Green Card holder) Shastri S. Sandy (312) 315-8395 5