Professor of Finance
- Heather Tookes' Website
Professor Tookes’ research lies at the intersection of capital markets and corporate finance. Much of her work focuses on understanding the ways in which capital market frictions can impact market outcomes. In market microstructure, a primary theme in her work is the structure of liquidity and efficiency “externalities” (how trading in one market affects liquidity and price formation in related markets). In corporate finance, her focus is on understanding the roles that capital supply frictions and product market competition play in firms’ financing decisions. Professor Tookes teaches the Corporate Finance elective in both the full-time MBA and the MBA for Executives programs.