David C. Mauer is the Torrence E. Hemby, Sr. Distinguished Professor in the Department of Finance in the Belk College of Business at UNC Charlotte. Previously, he was on the finance faculties of the University of Iowa, Texas A&M University, Southern Methodist University, and the University of Wisconsin at Madison. He has won numerous awards for teaching and research, including the prestigious university-wide Altshuler Distinguished Teaching Award at Southern Methodist University. Dr. Mauer’s research has appeared in Journal of Finance, Review of Financial Studies, Journal of Financial Economics, Journal of Business, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Journal of Corporate Finance, Financial Management, and many other finance and economics journals. He currently serves on the editorial boards of several finance journals. He has a B.B.A. from the University of Iowa and a Ph.D. from Purdue University.