معرفی
Kristine Watson Hankins is the William E. Seale Professor of Finance at the University of Kentucky, where she also served as the Director of Graduate Studies for Finance and was named a University Research Professor for 2022-2023. She is the Managing Editor of the Journal of Corporate Finance and is currently a visiting scholar at the Janeway Institute, University of Cambridge (March 2025).
Education:
- Ph.D. in Finance, University of Florida
- M.S. in Statistics, Rutgers University
- B.A. with College & Departmental Honors, University of Chicago
Research Focus: Professor Hankins’s scholarship centers on corporate finance and risk management. Her work explores why firms hold large cash reserves, how they manage risk through financial and operational hedging, and the real effects of financial policies on firm value, investment, and supply-chain relationships. Recent projects examine the impact of tariff shocks on consumer credit in the auto industry, negotiation skill and price dispersion, and corporate responses to stock-price fragility.
Across her publications, two clear trends emerge: (1) a deep investigation into the determinants and consequences of corporate cash holdings, including tax, precautionary, and governance motives; and (2) a rigorous analysis of risk-management practices, ranging from derivatives usage in financial firms to the design of supply-chain contracts.
Awards & Honors:
- 2012 Jensen Prize (2nd place), Journal of Financial Economics
- 2016 Emerald Citation of Excellence
- 2017 GARP Risk Management Research Program Award
- Paul Woolley Conference Runner-up Best Paper Prize (2016)
- 2022–2023 University of Kentucky University Research Professor
- Fama-DFA Best Paper Prize, Journal of Financial Economics (2010)
Doctoral Advising & Program Leadership: Professor Hankins has chaired or co-chaired a large cohort of PhD students whose dissertations have appeared in top-tier journals such as the Journal of Financial Economics, Review of Financial Studies, and Management Science. She oversees the finance PhD curriculum and teaches doctoral seminars (FIN 745) as well as MBA courses (FIN 600, FIN 611).
