Edward Rice

Edward Rice

Associate Professor of Finance and Business Economics

PhD, University of California, Los Angeles, 1978
MBA, University of Rochester, 1973
BA, University of Rochester, 1972

Corporate control, general corporate finance, applied microeconomics, Alaskan native corporations.

Positions Held
At the University of Washington since 1979
Visiting associate professor at University of Chicago (1986-88)
Assistant professor at University of Illinois, Urbana-Champaign (1977-79)

Current Research
Correcting biases in discount rates used for capital budgeting
The meaning of stock price changes when events affect shareholders differently
The effect of health insurance on trauma care

Honors and Awards
Evening MBA Professor of the Year, Class of 2010 (2008)
Charles Summer Outstanding Teaching Award (2006)
Evening MBA Professor of the Quarter for Autumn, Class of 2009 (2007)
Evening MBA Professor of the Quarter for Autumn, Class of 2008 (2005, 2007)
Outstanding Professor, Evening MBA, Class of 2005 (2003)
Evening MBA Core Professor the Year, Class of 2004 (2003)
Evening MBA Outstanding Professor, Class of 2003 (2003)
MBA Elective Professor of the Quarter for Spring 2003 (2003)
MBA Core Professor of the Year (1995)
Bank of America Faculty Excellence Award (1984)
Distinguished Speaker in Finance from the Administrative Science Association of Canada (1983)

Academic Service
Associate editor of the Journal of Financial and Quantitative Analysis (1985-93)
Program committee member for the Western Finance Association (1988)
Member of numerous UW and Business School committees, including dissertation committees.

Selected Publications
"Organizational Form, Share Transferability, and Firm Performance: Evidence from the ANCSA Corporations," with J. Karpoff, Journal of Financial Economics, September 1989.

"Going Private: Minority Freezeouts and Stockholder Wealth," with H. DeAngelo and L. DeAngelo, Journal of Law and Economics, October 1984.

"Antitakeover Charter Amendments and Stockholder Wealth," with H. DeAngelo, Journal of Financial Economics, April 1983.

Selected Consulting Experience
Price Costco and Amgen, expert witness.

Contact Information

Office:569 Paccar Hall

Mailing Address

Foster School of Business
University of Washington
Box 353226
Seattle, WA 98195-3226

"Productive activities are not randomly organized, and the observed characteristics of the typical organization exist because they improve its ability to compete. The cost of using an inappropriate organizational structure can be substantial."