Jonathan W. Lewellen

Jonathan W. Lewellen is the Carl E. and Catherine M. Heidt Professor of Finance at the Tuck School of Business at Dartmouth College, where he also serves as Area Chair in Finance. He previously taught at MIT's Sloan School of Management before joining Tuck in 2005. His academic roles include teaching Capital Markets in the MBA program and Corporate Finance in the Business Bridge program. Lewellen holds a PhD (2000), MS (1997), and BS (1994) in Finance from the University of Rochester and Indiana University, respectively.

His research focuses on stock price behavior, investor decision-making, and corporate finance, with a particular emphasis on factor models of returns, ownership structures, and autocorrelation in asset returns. He is a Research Associate at the National Bureau of Economic Research (NBER) and has published extensively in top-tier journals like the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies.

Lewellen’s recent work explores institutional investor governance, the predictive power of accruals, and the dynamics of corporate investment. His articles consistently address core questions in asset pricing and market efficiency, often challenging conventional models through empirical rigor. He has no listed scientific awards but maintains an active speaking schedule at finance conferences and institutions, including the NBER Summer Institute and the American Finance Association Annual Meeting.

No formal advisees or grants are explicitly listed, though his involvement in PhD-level teaching (e.g., Advanced Financial Economics III at MIT) implies potential mentorship roles. He is affiliated with the Tuck School’s finance department and NBER’s Asset Pricing Group.