Dr. Fairhurst is an associate professor in the Department of Finance and Management Science, where he teaches financial management at various levels. He received a PhD in Finance from the University of Arizona, an MBA with a Finance emphasis from Brigham Young University, and a B.S. in Accounting from Utah Valley University. Dr. Fairhurst’s research focuses on factors impacting managerial decision making related to corporate financing and investment decisions. His work is published in journal such as the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, and the Journal of Corporate Finance. Dr. Fairhurst also has industry experience as a financial analyst, a tax auditor, and a trust accountant.
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We explore the sources of gains in horizontal mergers by exploiting heterogeneity between the merging firms’ geographic footprints. We calculate the geographic overlap between the bidder, target, and their rivals and customers to identify variation in the competitive impact of horizontal (...)
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