Heather E. Tookes
Deputy Dean for Faculty and Professor of Finance
Heather Tookes has been on the faculty of Yale School of Management since 2004. She earned her PhD in Finance at Cornell and her BA in Economics at Brown.
Professor Tookes’ research lies at the intersection of capital markets and corporate finance. Much of her work focuses on understanding the ways in which credit market frictions interact with firms’ financing decisions. She has a particular interest in credit default swap and convertible bond markets. She has also studied trader borrowing and has linked margin trading to the sharp declines in stock market liquidity that occur during crises. Recently, she has written a series of papers investigating a range of topics related to COVID-19, including the effectiveness of business restrictions and the impact of the pandemic on the academic finance profession. She teaches Corporate Finance to MBA and Executive MBA students and has won awards for her teaching. Professor Tookes has served on a variety of nonprofit, private and public boards.
- PhD, Cornell University
- BA, Brown University
Female Representation in the Academic Finance Profession
All or Nothing? Partial Business Shutdowns and COVID-19 Fatality Growth
What Explains Differences in Finance Research Productivity During the Pandemic?
Business Restrictions and Covid Fatalities
Why Does an IPO Affect Rival Firms?
Leaving Them Hanging: Student Loan Forbearance, Distressed Borrowers, and Their Lenders
Profitable Price Impact: The Case of Convertible Bond Arbitrage
- Teaching Award, Yale School of Management Alumni Association, 2017
- Yale School of Management Award for Excellence in Teaching, Executive MBA Program, 2015
- Distinguished Referee Award, Review of Financial Studies, 2014
- Teaching Award, Yale School of Management Alumni Association, 2010