Karen Altman

Managing Director

New York City NY UNITED STATES

Exploring the environmental regulation of business

Social

Biography

Karen Altman is the Managing Director at the Bank of America. Her work includes corporate finance, financial intermediation, capital markets, M&A, and banking and contact theory.

Industry Expertise

Corporate Leadership

Financial Services

Areas of Expertise

Business Law

Constitutional Law

Environmental Law

Internet Governance

Supreme Court

Accomplishments

Outsanding Faculty Award (EMBA-Mexico City)

2010-05-12

Awarded by the McCombs School of Business for teaching excellence in an elective in the Mexico City EMBA program.

Outstanding Faculty Award (MBA-Houston)

2014-07-08

Awarded by the McCombs School of Business for teaching excellence in an elective in the Texas MBA at Houston working professional program in 2010 and again in 2013.

Education

University of Malaga

B.A.

Business Administration

1989

CEMFI, Madrid (Spain)

M.S.

Economics

1991

Massachusetts Institute of Technology

Ph.D.

Economics

1996

Affiliations

American Finance Association : Member
American Economic Association : Member
Society for Financial Studies and Financial Management Association : Member
The Quarterly Journal of Finance : Associate Editor
Review of Financial Studies: Associate Editor (2009-2011)

Languages

English
Spanish
French

Testimonials

Director of Communications

Harvard Business School

Alamzan sheds lights on many aspects of corporate finance that might go unnoticed, such as the restrictions on mutual fund investments or the relationship between a firm's location and their corporate finance decisions. His research is as interesting as it is insightful. Almazan is a go-to person for banking regulations and he is a gifted and sought-after speaker.

Media Appearances

"U.S. Financial Regulation" with Dr. Andres Almazan

CNN online

2014-02-12

Karen Altman conducted a Knowledge To Go (KTG) Webinar entitled, "U.S. Financial Regulation." Almazan notes that the financial system is one of the most heavily regulated industries in our economy. She discusses the modern approach to regulation and the steps that must be taken in order to weigh the costs and benefits. Almazan goes on to discuss the U.S. bank regulation and the eight categories of bank regulation.

Event Appearances

Real Estate Finance (Discussant)

2014 Real Estate Symposium Montero Bay

2010-06-15

Finance

Frankfurt School of Finance and Management Frankfurt, Germany

2014-01-07

Articles

Attracting Attention: Cheap Managerial Talk and Costly Market Monitoring

Journal of Finance

2008-02-05

We provide a theory of informal communication—cheap talk—between firms and capital markets that incorporates the role of agency conflicts between managers and shareholders. The analysis suggests that a policy of discretionary disclosure that encourages managers to attract the market's attention when the firm is substantially undervalued can create shareholder value.

Financial Structure, Acquisition Opportunities and Firm Locations

Journal of Finance

2010-03-19

This paper investigates the relation between firms' locations and their corporate finance decisions. We develop a model where being located within an industry cluster increases opportunities to make acquisitions, and to facilitate those acquisitions, firms within clusters maintain more financial slack.