Onur Bayar, Ph.D.

Professor, Ph.D. Advisor, Finance

Onur Bayar Headshot



Personal Faculty Website

Onur Bayar, professor of finance, holds a Ph.D. in finance from Boston College, an M.S. in financial economics from Carnegie Mellon University, and a B.S. in industrial engineering. His research focuses on theoretical and empirical corporate finance with emphasis in IPOs, mergers & acquisitions, capital structure, entrepreneurial finance and venture capital and market microstructure. Dr. Bayar currently teaches Intermediate Corporate Finance (FIN 3023) and Entrepreneurial Business Finance (FIN 5853).

Research Interests

  • Corporate finance, security issuance, capital structure
  • IPOs, mergers and acquisitions
  • Entrepreneurial finance and venture capital
  • Market microstructure


  • Ph.D. Boston College
  • M.S. Carnegie Mellon University
  • B.S. Bogazici University


  • “A Model of the Editorial Process in Academic Journals,” with Thomas J. Chemmanur, Research Policy, Vol. 50, No. 9, 2021, 104339.
  • “Dividends Versus Stock Repurchases and Long-Run Stock Returns under Heterogeneous Beliefs,” with Thomas J. Chemmanur and Mark Liu, Review of Corporate Finance Studies, Vol. 10, No. 3, 2021, pp. 578-632.