Marie Sushka

Emeritus Professor


Marie Sushka is a professor in the W. P. Carey School of Business at Arizona State University. She is also a Distinguished Scholar on the Dean's Council of 100 at ASU.

Professor Sushka's research focuses on banking, corporate governance and private equity. Prior to joining ASU in 1984, she held academic positions with Georgia Institute of Technology, Boston University, and University of Georgia. She was also an economist on the Board of Governors of the Federal Reserve System's Division of Research and Statistics (1970-1976) and associate researcher with the RAND Corporation (1969-1970). 


  • Ph.D. Georgetown University
  • M.A. Economics, Georgetown University
  • M.A. Russian Area Studies, Georgetown University
  • B.A. Sweet Briar College

Research Interests

Professor Suska's research focuses on banking, corporate governance and private equity.

Current Projects

  • "Exit of Private Equity by Secondary Public Offerings
  • Fairness in a Conflicted Going-concern Transaction: An Analysis of Affiliate Purchases of Parent-held Control Blocks"
  • Monitoring, Liquidity, and Firm Value:  An Analysis of Corporate Secondary Public Offerings"


Representative Publications:

  • “Freedom of Choice between Unitary and Two-tier Boards:  An Empirical Analysis," with F. Belot, E. Ginglinger, M. Slovin,  Journal of Financial Economics, 112, (3), (June 2014), 364-385. 
  • “Large Shareholder Diversification, Corporate Risk Taking, and the Benefits of Changing to Differential Voting Rights,” with S. Bauguess and M. Slovin, Journal of Banking and Finance, Vol. 36, No. 4, (April 2012), 1244-1253.
  • "Equity or Cash? The Signal Sent by the Way You Pay," with U. Hege, Harvard Business Review, 87 (5), May 2009.
  • "Equity and Cash in Intercorporate Asset Sales: Theory and Evidence," U. Hege, S. Lovo, and M. Slovin, Review of Financial Studies, 22 (2), February 2009, 681-714.
  • "Analyzing Joint Ventures as Corporate Control Activities," with M. Slovin and T. Mantecon, Journal of Banking and Finance, 31 (8), August 2007, 2365-2382.



  • The Sir Edward Youde Memorial Fund Visiting Professorship, Hong Kong, 2008
  • Dean's Council of 100, Distinguished Scholar



  • Ad Hoc Reviewer: Journal of Finance, American Economic Review, Journal of Banking and Finance, and Journal of Economic History 
  • Second Paris Corporate Finance Spring Conference Program Committee, 2010
  • First Paris Corporate Finance Spring Conference Program Committee, 2009
  • FMA Annual Meeting Program Committee, 2006
  • Program Committee European Finance Association 2015
  • Program Committee ASU Sonora Conference 2012-2017