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Mary Anne Majadillas

Mary Anne Majadillas

Assistant Professor

Anderson School of Management
University of New Mexico
Albuquerque, NM 87131-1221

Phone: (505) 277-6471

Curriculum Vitae

Academic Employment

Assistant Professor, University of New Mexico, 2012 – present
Visiting Assistant Professor, University of New Mexico, 2011 – 2012
Assistant Professor, California State University, Northridge, 2009 – 2012


Ph.D. in Finance, Florida State University, Tallahassee, Florida, 2009
M.A. Economics, University of the Philippines, 1999
B.S. Business Economics, University of the Philippines, 1992

Areas of Interest

Research: Executive Turnover, IPOs, Corporate Governance, Mergers and Acquisitions

Teaching: Valuation, Corporate Finance, Investments

Publications and Working Papers*

“Executive Pay and Firm Performance in the Philippines”, with Angelo Unite, Michael J. Sullivan, Jeffrey Brookman, and Angelo Taningco. 2008. Pacific Basin Finance Journal 16(5),606 – 623

“Managerial Divestment in Leveraged Buyouts”* with James Ang and Irena Hutton (invited for third round review, European Financial Management Journal)

*Please review my Curriculum Vitae for more publications and working papers.

Works In Progress

“Industry Valuations and Insider Selling During IPOs,” with Ansley Chua

“Market Reaction to CEO Turnover Announcements,” with Michelle Arthur and Leslie Boni

“CEO Power and Management Turnover,” with Ansley Chua

“A Comparison of Short Selling Around Departure Announcements of Superstar and Non-Superstar CEOs” with Michelle Arthur and Leslie Boni

Meetin Presentations

“Short Selling Around CEO Turnover Announcements”

  • FMA Conference, Atlanta, October 2012

“Managerial Divestment in Leveraged Buyouts”

  • FMA Conference, New York, October 2010
  • European Financial Management Symposium, Montreal, Canada, April 2010
  • California Corporate Finance Conference, November 2009
  • Southern Finance Conference, Key West, Florida, November 2008

“The Role of Debt in Private Equity Acquisitions”, Department of Finance, Florida State University, July 2007.

Other Teaching Experience

Instructor, Financial Management of the Firm (undergraduate course), Department of Finance, Florida State University, Summer 2006, Fall 2008, Spring 2009

Lecturer, Calculus for Business, Introduction to Microeconomics, Introduction to Economics, Managerial Economics (undergraduate courses), Department of Economics, De La Salle University – Manila, January 2002 – May 2005.

Teaching Fellow, Introduction to Economics, School of Economics, University of the Philippines, 1996 – 1998.

Other Work Experience

Economic policy research for various Philippine government institutions including the Housing and Urban Development Coordinating Council, the Philippine Institute for Development Studies, and the Department of Agriculture. 1998 – 2002.

Research Associate/Money Market Trader, Multinational Investment Bancorporation, 1992-1994.

Professional Affiliations

American Finance Association
Financial Management Association
Western Finance Assocoiation


Conference Discussion:

  • Southern Finance Association Conference, 2008
  • California Corporate Finance Conference, 2009
  • European Financial Management Symposium, 2010
  • Financial Management Association Conference, 2012

FITE Department:

  • Undergraduate Curriculum Committee, Fall 2012 – present
  • Recruiting Committee (search for Asst. Prof. in Finance), Fall 2012