Robert Parrino
Lamar Savings Centennial Professor
Department: Finance
Dr. Robert Parrino is the Lamar Savings Centennial Professor of Finance at the McCombs School of Business. He has been a member of the finance faculty at McCombs since 1992, where he teaches MBA courses, executive education programs, and customized courses for executives in financial and non-financial corporations. Firms for which he has taught programs include Merrill Lynch, Chase Bank, Banco do Brasil, Ibbotson Associates, Dell Computer Corporation, Texas Instruments, Tivoli Systems, Shell Oil Company, Accor, Inc., and Cemex. These courses cover topics such as working capital management, capital budgeting, capital structure policy, leasing policy, risk management, business valuation, value-based management, security analysis and equity portfolio management.
Parrino’s research includes work on corporate governance, corporate financial policies, private equity, corporate restructuring, and mergers and acquisitions, as well as research on private equity markets. He is Associate Editor of the Journal of Corporate Finance and the Journal of Financial Research and has won numerous awards for teaching and research. His research has been published in the Journal of Financial Economics, Journal of Finance, Journal of Financial and Quantitative Analysis, Financial Analysts Journal, Journal of Portfolio Management, and Directors and Boards. He also holds a Chartered Financial Analyst (CFA) certification. He is co-founder of the National Forum for Corporate Finance, the Financial Research Association, and was Founding Director of the Hicks, Muse, Tate and Furst Center for Private Equity Finance.
Before entering academia, Dr. Parrino was President of Sprigg Lane Financial, a financial consulting firm with offices in Charlottesville, Virginia and New York City. He was a Senior Planning Analyst on the Corporate Business Planning and Development staff at Marriott Corporation joining Sprigg Lane. In recent years, he has consulted with a number of firms, principally on issues related to valuation.