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About the Author

J. Randall Woolridge, Ph.D. is the Goldman, Sachs & Co. and Frank P. Smeal Endowed University Professor of Finance at The Pennsylvania State University. His teaching and research interests are in corporate finance with an emphasis on the valuation consequences of corporate strategic investment and financial decisions. He has won the Excellence in Teaching Award at the Penn State MBA Program. Dr. Woolridge has also participated in over 300 executive development programs in more than 20 countries in North and South America, Europe, Asia and Africa. His specialty areas in executive programs include: corporate financial management and strategy, financial engineering, security analysis, and creating shareholder value. He has consulted for numerous corporate clients including: AT&T, Merrill Lynch, Goldman Sachs, Morgan Stanley, Bankers Trust, Paine Webber, Bank of Boston, and Knight Ridder, among others.

Dr. Woolridge has published over 25 articles in leading academic and professional journals including: the Journal of Finance, the Journal of Financial Economics, and the Journal of Applied Corporate Finance. His research has been highlighted extensively in the financial press, including: The New York Times, The Wall Street Journal, Barron’s, Fortune, Forbes, and Business Week. He has appeared on CNN’s Money Line and CNBC’s Business Today.