Armen Hovakimian is a Professor of Finance at the Zicklin School of Business, Baruch College, The City University of New York, where he has taught undergraduate, MBA, and Ph.D. courses in financial management and corporate finance. Armen’srecent research has focused on determinants of corporate capital structure and credit ratings and on the effects of deposit insurance on commercial banks’ risk taking behavior. His research has been presented at a number of international conferences and has been published in the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, the Journal of Business, and others. Professor Hovakimian received his Ph.D. in Finance in 1998 from Boston College. Prior to his academic career in Finance, Armen worked as a Computer Engineer in the former Soviet Union.

By this expert

Tracking Variation in Systemic Risk at US Banks During 1974-2013

Paper Working Paper Series | | Jul 2015

This paper proposes a theoretically based and easy-to-implement way to measure the systemicrisk of financial institutions using publicly available accounting and stock market data.