Dr. Stewart C. Myers '58
Stewart C. Myers is the Robert C. Merton (1970) Professor of Finance at the MIT Sloan School of Management. He is past President of the American Finance Association and elected Fellow of the Financial Management Association. He is co-author of the classic textbook, Principles of Corporate Finance, now in its 11th edition. His research is primarily concerned with the valuation of real and financial assets, corporate financial policy and financial aspects of government regulation of business. He is the author of influential research papers on many topics, including adjusted present value (APV), rate of return regulation, pricing and capital allocation in insurance, real options, and moral hazard and information issues in capital structure decisions. Dr. Myers is a Research Associate of the National Bureau of Economic Research, a Principal of The Brattle Group, Inc. and a former Director of Entergy Corporation.