Eliezer Fich, PhD

Trustee Professor, Finance

Fich studies whether CEOs of public firms are paid appropriately; whether and how CEOs exploit weaknesses in securities laws for personal gain; and whether shareholder wealth improves after different firms execute various corporate deals. Fich can provide expert commentary in both English and Spanish on a variety of financial economic subjects. His research has been profiled by business press, including The Wall Street Journal, The Financial Times, Forbes, and The Economist and he has provided expert commentary in media outlets such as Telemundo and CNBC.

He earned a PhD in Business Administration with honors from the NYU Stern School of Business and undergraduate and graduate degrees from the Fu Foundation School of Engineering at Columbia University. He has delivered research talks in over 100 different academic venues worldwide, either as an invited seminar speaker or as a conference presenter.

In The News

¿Qué Se Afecta Primero Con la Política de Arancelaria de Trump?
Eliezer Fich, PhD, trustee professor of Finance in LeBow College of Business, was interviewed in an April 30 WWSI-TV (Telemundo-62) segment about the impact of tariffs.
Dow Closes Down 345 Points Amid Tariff Fallout
Eliezer Fich, PhD, trustee professor of Finance in LeBow College of Business, was interviewed in an April 7 WPVI-TV (6-abc) story about recent tariffs and the stock market’s volatility.
Cuál Sería El Impacto de la Nueva Ronda de Aranceles de Trump
Eliezer Fich, PhD, trustee professor of Finance in LeBow College of Business, was interviewed in an April 1 WWSI-TV (Telemundo-62) segment about economic impact of the latest round of tariffs set to go into effect today.
How Would a New Sixers Stadium Impact Philadelphia's Economy?
Eliezer Fich, PhD, trustee professor of Finance in LeBow College of Business, was interviewed in a Jan. 13 WWSI-TV (Telemundo-62) segment about the recent announcement that the Sixers will remain in South Philly and not develop the Market East area for their new arena, and how it will impact Philadelphia’s economy.
¿Cómo Impactaría Un Nuevo Estadio de Los Sixers en la Economía de Filadelfia?
Eliezer Fich, PhD, trustee professor of Finance in LeBow College of Business, was interviewed in a Jan. 13 WWSI-TV (Telemundo-62) segment about the recent announcement that the Sixers will remain in South Philly and not develop the Market East area for their new arena, and how it will impact Philadelphia’s economy.
Cómo Te Beneficiaría El Recorte en la Tasa de Interés
Eliezer Fich, PhD, trustee professor of Finance in LeBow College of Business, was interviewed in a Dec. 23 WWSI-TV (Telemundo-62) segment about the financial benefits of the Fed’s recent interest rate cuts.
Cómo Ahorrar en la Compra de la Cena de Thanksgiving
Eliezer M. Fich, PhD, trustee professor of Finance in the LeBow College of Business, was quoted in Nov. 25 and 22 WWSI-TV (Telemundo-62) stories. The Nov. 25 story is about the increase of credit card interest and how it will impact credit card users. The Nov. 22 story is about the cost of hosting Thanksgiving dinner and how consumers can save money.
NBC10 @Issue: Historic Fare Hikes
Eliezer M. Fich, PhD, trustee professor of Finance in the LeBow College of Business, was quoted in a Nov. 17 WCAU-TV (NBC-10) “@Issue” story about SEPTA’s financial issues resulting in fare hikes and potential service cuts.

Related Articles

Reopening of I-95 with fire truck and U.S. flag Drexel Dragons at the Heart of I-95’s Swift Rebuild
Amid the sounds of celebratory car horns and a parade of Philadelphia's beloved sports mascots, the Interstate 95 highway triumphantly reopened on Friday, restoring flow to the East Coast’s most critical artery just 12 days after a devastating tanker fire collapsed a section in Northeast Philadelphia. At the forefront of this engineering challenge has been Buckley & Co., a Philadelphia-based company run for decades by Drexel alumnus Bob Buckley.
stock photo of executives moving puzzle pieces together Merger Bonuses Important to Protecting Shareholder Wealth of Acquired Companies
Research consistently shows that when target CEOs receive extra benefits during mergers, takeover premiums are lower. According to Eliezer Fich, PhD, professor of finance in Drexel University’s LeBow College of Business, this is often interpreted as a conflict of interest: target CEOs sacrifice premiums for personal gain, facilitating a wealth transfer from target to acquirer shareholders.
Dr. Eliezer Fich of Drexel University's LeBow College of Business Study Looks at Why CEOs Get Merger Bonuses When Selling Cheaply
In about one in every four deals, the CEO of an acquired firm is awarded a merger bonus according to a recent study that examined more than 949 merger and acquisition offers that occurred in the U. S. between 1999 and 2009. The study also found that target shareholders received inferior premiums when their firms were sold while their CEOs received a merger bonus.