Andrew Winton

Andrew Winton is a Professor and Minnesota Banking Industry Endowed Chair at the University of Minnesota's Carlson School of Management since 1998. Previously, he served at Northwestern University's Kellogg Graduate School of Management (1991-1998) and worked in the asset/liability management department of CoreStates Financial Corp (1982-1987).

• Education
  • AB in Mathematics, Princeton University (1980)
  • MBA in Finance, University of Pennsylvania (1982)
  • PhD in Finance, University of Pennsylvania (1990)

His research focuses on corporate finance, financial contracting, and financial institutions, particularly analyzing:

• Bank monitoring of loans and borrower fraud incentives
• Reputation concerns vs. loan retention in screening decisions
• Loan retention dynamics over time
• Credit exclusion policies' economic impact
• Ownership structure's influence on corporate fraud

Recent publications examine credit risk management, financial synergies, and institutional liquidity in journals like the Journal of Finance and Review of Financial Studies. His editorial roles include Associate Editor at the Journal of Financial Intermediation and Journal of Money, Credit & Banking.

• Scientific Awards
  • Nominee for Carlson MBA Outstanding Professor (2005-2006)
  • Top five nominee for Carlson MBA Professor of the Year (2000-2001)

Winton's work combines theoretical modeling with empirical analysis of banking practices, addressing critical issues in corporate governance, financial regulation, and market structure. He actively explores how institutional incentives shape financial behavior in both developed and transitional economies.