Paul Pfleiderer provides expert testimony in matters involving financial markets and corporate finance, including bankruptcy, corporate governance, short selling, mutual funds, and other securities-related issues. He has testified on a number of high-profile cases, including Unsecured Creditors of Iridium v. Motorola, Inc. and In Re Broadcom Securities Litigation. Professor Pfleiderer has also testified before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
Professor Pfleiderer focuses on information asymmetry in financial markets. He has developed models that analyze how information is incorporated into prices through trading, and how information flows determine trading volume. In addition, Professor Pfleiderer researches market microstructure, asset allocation, corporate governance, and the regulation of financial institutions.
Professor Pfleiderer has published his research in the Journal of Finance, Econometrica, the Journal of Political Economy, and as well as numerous other leading journals. For more than three decades at the Stanford Graduate School of Business (GSB), he has taught courses in investment management, public and private equity markets, and entrepreneurial finance. In 2012, the GSB honored Professor Pfleiderer with the Robert T. Davis Faculty Award for lifetime achievement.
Professor Pfleiderer has consulted to corporations and banks and has been involved in developing risk models and optimization software for use by portfolio managers.