Pat Akey

Associate Professor of Finance, Department of Management, University of Toronto Mississauga

Degrees:

2014 PhD in Finance, London Business School
2011 MRes in Finance, London Business School
2009 BCom in Finance, McGill University

Email:

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Personal Website:

https://sites.google.com/view/patakey/home

Bio

Pat Akey is an Associate Professor at the University of Toronto, having completed his PhD in Finance in 2014 from the London Business School. His research focuses on the political economy of finance and the incentives of firms to engage in pro-social behavior. He has presented his research at numerous major academic and practitioner conferences and published in the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He was awarded the 2021 Brattle Prize Distingushed paper for one of the best papers in corporate finance published by the Journal of Finance and the 2016 Rising Scholar Award for the best paper by a young researcher published in the Review of Financial Studies. Major media outlets such as The Economist, Bloomberg, and National Public Radio have cited his work.

Academic Positions

2014-Present

Assistant Professor, University of Toronto

Selected Publications - Papers

Environmental Externalities of Hedge Fund Activism

Pat Akey and Ian Appel

working paper
Noisy Factors

Pat Akey, Adriana Robertson, and Mikhail Simutin

working paper
Closet Active Managrment of Passive Funds

Pat Akey, Adriana Robertson, and Mikhail Simutin

working paper
Hacking Corporate Reputations

Pat Akey, Stefan Lewellen and Inessa Liskovich

working paper
Pushing Boundaries: Political Redistricting and Consumer Credit

Pat Akey, Christine Dobridge, Rawley Heimer, and Stefan Lewellen

working paper
Policy Uncertainty, Political Capital, and Firm Risk-Taking

Pat Akey and Stefan Lewellen

working paper
Price Revelation from Insider Trading: Evidence from Hacked Earnings News

Pat Akey, Charles Martineau, and Vincent Gregoire

Journal of Financial Economics

Issue:Forthcoming

2022
The Limits of Limited Liability: Evidence from Industrial Pollution

Pat Akey and Ian Appel

Journal of Finance

Issue:76/1

2021

Pages: 5-55
Politicizing Consumer Credit

Pat Akey, Rawley Heimer, and Stefan Lewellen

Journal of Financial Economics

Issue:139

2021

Pages: 627-655
Valuing Changes in Political Networks: Evidence from Campaign Contributions to Close Congressional Elections

Pat Akey

Review of Financial Studies

Issue:28

2015

Pages: 3183-3223