Richard S. Ruback is the Willard Prescott Smith Professor of Corporate Finance at Harvard Business School, where his research is currently focused on applied corporate finance, especially on corporate-control transactions and valuation. Ruback has taught a variety of corporate finance courses throughout his career, with particular expertise in mergers and takeovers. Over the last few years, he and Royce Yudkoff have been developing and teaching a new second-year case course, “The Financial Management of Smaller Firms,” and a field course, “Entrepreneurship through Acquisition,” both of which are focused on the entrepreneurial acquisition of smaller firms. Ruback has served as a consultant to corporations on corporate finance issues and has acted as an independent advisor to outside directors. He also served as an expert witness on valuation and security issues.
EARLY CAREER & EXPERTISE
Ruback taught at the MIT Sloan School of Management before joining the HBS faculty as a visiting professor in 1987.
He was appointed associate professor in 1988 and full professor in 1989.
Ruback has served as an editor for the Journal of Financial Economics and is the author of numerous articles on corporate finance and valuation.
He also has expertise in setting appropriate discount rates for valuing risky projects, capital budgeting, valuation, and other aspects of corporate control.
He publishes widely on corporate finance, taxation, and valuation, and appears regularly at national symposia.