Skip to main content

Aydogan Alti

Associate Professor

Department:     Finance

Research Areas:     Finance - Corporate

Aydogen Alti

Aydogan Alti is an associate professor of finance at The University of Texas at Austin’s McCombs School of Business.

Alti’s research interests lie in both theoretical models and empirical analysis of various issues in corporate finance, as well as quantitative models of investment management and behavioral finance. His research has won awards for investigating corporate investment and financial policies and quantitative investment management practices. His work has been featured in The Journal of Finance, The Review of Financial Studies, the Journal of Financial Intermediation, and the Journal of Financial Economics.

Alti earned a Ph.D. in financial economics from Carnegie Mellon University. He also holds a master’s in finance from Carnegie Mellon and a bachelor’s in business administration from Boğaziçi University.



Jack Treynor Prize



CBA Foundation Research Excellence Award for Assistant Professors, University of Texas at Austin, McCombs School of Business


Brattle Group Prize for Distinguished Paper in The Journal of Finance


Brattle Group Prize for Distinguished Paper in The Journal of Finance


Alexander Henderson Award for Excellence in Economic Theory, Carnegie Mellon University


Carnegie Bosch Institute Fellowship Award, Carnegie Mellon University


Aydogan Alti and Sheridan Titman. 2019. A Dynamic Model of Characteristic-based Return Predictability. Journal of Finance 74(6), 3187-3216.


Aydogan Alti and Paul C. Tetlock. 2014. Biased Beliefs, Asset Prices, and Investment: A Structural Approach. Journal of Finance 69(1), 325-361.


Aydogan Alti and Johan Sulaeman. 2012. When Do High Stock Returns Trigger Equity Issues? Journal of Financial Economics 103 (1), 61-87.


Aydogan Alti, Ron Kaniel, and Uzi Yoeli. 2012. Why Do Institutional Investors Chase Return Trends? Journal of Financial Intermediation 21(4), 694-721.


Aydogan Alti. 2006. How Persistent Is the Impact of Market Timing on Capital Structure? Journal of Finance 61, 1681-1710.


Aydogan Alti. 2005. IPO Market Timing. Journal of Finance 18, 1105-1138.


Aydogan Alti. 2003. How Sensitive Is Investment To Cash Flow When Financing Is Frictionless? Journal of Finance 58, 707-722.