Prof. Miriam Schwartz-Ziv

Dr. Miriam Schwartz-Ziv
Prof.
Miriam
Schwartz-Ziv

Prof. Schwartz-Ziv is an Associate Professor of Finance at the Business School of the Hebrew University of Jerusalem. She is also a Fellow of the European Corporate Governance Institute. She has published research papers in leading academic journals such as the Review of Financial Studies and the Journal of Financial Economics and is an associate editor of three academic journals: Financial Management, Financial Review, and the Leadership Quarterly. She was a research fellow at the Harvard Law School, Harvard Kennedy School, and Harvard's Edmond J. Safra Center for Ethics. She was then an assistant professor of finance at Michigan State University. Prof. Schwartz-Ziv specializes in corporate governance, ESG, boards, controlling shareholders, institutional investors, shareholder votes, and shareholder meetings.

Prof. Schwartz-Ziv has won several prestigious and large grants, including from the European Research Council (ERC) and the Israel Science Foundation (ISF), amounting to $1.8 million. Before her academic career, Prof. Schwartz-Ziv worked as a privatization economist and was the head of the energy unit at Israel's Governmental Companies Authority (GCA). She was the GCA's representative on several boards of directors, including the Electric Corporation and the Postal Company. Prof. Schwartz-Ziv is currently an advisor to the research department at the Bank of Israel, and on the board and investment committee of “Heatid”.

Finance Research

Publications

“Big Tech Directors, SPACs, and Antitrust Evasion Tactics”,  with Anat Alon-Beck, John Livingstone, and Moran Ofir, 2024. The University of Pennsylvania Journal of Business Law, forthcoming.

“Is Blockholder Diversity Detrimental?”, with Ekaterina Volkova, 2023. Management Science, forthcoming.

“Do Institutional Investors Monitor their Large vs. Small Investments Differently? Evidence from the Say-On-Pay Vote”, with Russ Wermers, 2022. Journal of Banking and Finance 141, 106532.                                 

 “When Shareholder Disagree: Trading After Shareholder Meetings”, with Sophia Li and Ernst Maug, 2022. Review of Financial Studies 35(4), 1813-1867.

 “Blockholder Heterogeneity and the Dance between Blockholders”, with Charles Hadlock, 2019. Review of Financial Studies, 32: 4196-4227.

 “Gender and Board Activeness: The Role of a Critical Mass”, 2017. Journal of Financial and Quantitative Analysis 52: 751-780.

What do Boards Really Do? Evidence from Minutes of Board Meetings”with Michael S. Weisbach, 2013. Journal of Financial Economics 108: 349–366.

In the News

The Wall Street Journal “Shareholders Feel Muted as Companies Switch to Virtual Annual Meetings”, 8/23/2020

Financial Times “Private investors left in the dark by online AGMs” – 9/3/2018

New York Times – “U.S. Activists Complain That Virtual Shareholder Meetings

Let Companies Silence Them” – 8/18/2020

Yahoo! Finance “U.S. activists complain that virtual shareholder meetings let companies silence them”– 8/18/2020

Al Jazeera “Are virtual shareholder meetings freezing out ESG activists?” – 8/18/2020 

The Irish Times “Virtual agms show little regard for small investors – 9/5/2020

Globes – “ישיבות דירקטוריון בימי הזום: כך תהפכו את המבלות ליתרונות” – 12/3/2020

NY Times, “Seeking Critical Mass of Gender Equality in the Boardroom”, 9/11/2012

Glamour, “How Many Women Does It Take to Change a Congress?”, 10/10/2018

The Wall Street Journal, “Do Index Funds Cost 100 Times as Much As You Think?”, 4/20/2018

Forbes, “Women on Corporate Boards Bring More Aggressive Action”, 1/7/2013.

Bloomberg, “Why Corporate Boards Need More Women”, 1/4/2013

Awards

2023           European Research Council (1,500,000 Euro) 

2023           Israel Science Foundation ($120,000)

2020           Israel Science Foundation ($90,000)

2020          Abe Gray prize for excellence

2019           The Golda Meir Fellowship

2010-12      Israeli Ministry of Science and Technology Yuval Neeman Ph.D. Scholarship