Tom Nohel is a Visiting Professor of Finance at Imperial College, and Professor of Finance at Loyola University’s Quinlan School of Business. Professor Nohel earned his PhD in Finance from the University of Minnesota; he also holds a B.A. in Applied Mathematics from the University of Wisconsin and an M.S. in Applied Mathematics from Northwestern University. He currently teaches graduate courses in corporate finance at Imperial College, and he has also taught at the University of Minnesota, Rensselaer Polytechnic Institute, Cornell University, the University of Michigan, and the Indian School of Business, as well as Loyola. Nohel also was a visiting Economist at the Federal Reserve Bank in Minneapolis and the Federal Reserve Bank of Chicago. Nohel has published numerous articles in leading academic journals including the Journal of Banking and Finance, the Journal of Applied Corporate Finance, the Journal of Corporate Finance, the Journal of Financial Economics, and the Review of Financial Studies, among others. His research has focused on corporate finance and corporate governance, and most recently on SPACs. He presents his work regularly at numerous national and international conferences, and at many of the world’s leading universities, and his work is widely cited by financial and legal scholars and practitioners. Finally, Nohel is a Past President of the Midwest Finance Association.
Thursday December 8, 2022
Understanding the Agency Problem Between SPAC Investors and SPAC Sponsors Inherent in Standard Contractual Arrangements
- Understanding misalignment in the incentives of sponsors and SPAC shareholders
- Assessing the potential for costly agency problems
- Why some sponsors might pursue any deal rather than liquidate
- Fostering good communication between sponsors and shareholders to avoid litigation