CHRIS HRDLICKA

ABOUT CHRIS

Christopher Hrdlicka is a graduate of Wentzville High School where he was an avid mathelete under the mentorship of Ake Takahashi. Currently, Christopher is an Assistant Professor of Finance and Business Economics at the University of Washington's Foster School of Business. He holds a PhD and MBA from the University of Chicago Booth School of Business and an MA in mathematics and BA in economics and mathematics from the University of Washington in St. Louis.
Christopher's research interests include university and non-profit endowments, corporate cash portfolio management, trading volume, beta estimation and risk measurement under uneven information flows, measuring the incorporation of information into financial markets, and empirical asset pricing. Examples of his current work with coauthors from the University of Washington include:
•“Why Do University Endowments Invest So Much in Risky Assets?” which won the 2013 European Finance Association Commonfund Prize for the Best Paper on Foundation and Endowment Asset Management and is published in the Review of Financial Studies;
• “Precautionary Savings with Risky Assets: When Cash is Not Cash” which investigates the investment of $1.5 trillion of financial assets held by corporations in the S&P500 and is published in the Journal of Finance; and
• “Are the monitors monitored: Evidence of Inattention to Director Networks from Return Predictability” which investigates the attention investors pay to directors of corporations.