David Smith headshot
DS

David Carl Smith

Professor
Virginia Bankers Association Professor
Unit: McIntire School of Commerce
Department: McIntire School of Commerce
Office location and address
364 Rouss & Robertson Halls
40 South Lawn
Charlottesville, Virginia 22904
Education
Ph.D., Finance, Indiana University
B.S., Economics, University of Delaware
Biography
Professor Smith specializes in corporate finance and restructuring. His current research can be broken down into four areas: (1) analyzing the economic importance of corporate credit agreements, (2) investigating the restructuring of highly leveraged firms, (3) documenting the impact of distressed debt trading on bankruptcy outcomes, and (4) studying the influence of corporate contracts and law on the quality of corporate governance. Before joining the McIntire faculty, Professor Smith worked as an economist in the International Finance Division at the Federal Reserve Board. While at the board, he covered the Japanese and Chinese banking sectors and worked on issues related to international financial architecture. He has presented his research at universities and conferences around the world and published in leading academic journals, including The Journal of Finance;Journal of Financial EconomicsJournal of Financial Intermediation; and Journal of Econometrics. Before joining the Federal Reserve, Professor Smith spent five years teaching at the Norwegian School of Management in Oslo, Norway. He has also held visiting scholar positions at the universities of Minnesota and Florida and at the Stockholm School of Economics. 
PLAD 4500: Special Topics
Credits: 3
Topics on a variety of Political issues.
COMM 4559: New Course in Commerce
Credits: 1–4
This course provides the opportunity to offer new topics in the subject of Commerce.
COMM 4720: Advanced Corporate Finance: Valuation and Restructuring
Credits: 3
This course covers corporate valuation and the restructuring of both non-distressed firms (for example, leveraged buyout transactions) and distressed firms. Prerequisite: fourth-year Commerce.
COMM 4993: Independent Study in Commerce
Credits: 1–3
Independent study under the supervision of a Commerce instructor. A project directly related to business must be submitted to, and approved by, the supervising instructor prior to the Commerce School add date. Students may take COMM 4993 only once. Prerequisite: Fourth-year Commerce standing.
PLAD 5500: Special Topics
Credits: 3
Topics on a variety of Political issues.
LPPP 5559: New Course in Public Policy and Leadership
Credits: 3
Investigates a selected issue in public policy or leadership.
COMM 5559: New Course in Commerce
Credits: 1–3
This course provides the opportunity to offer new topics in the subject of Commerce.
GBUS 8008: Democracy and Financial: Politics, Markets, and Institutions
Credits: 3
Today's students likely have an incomplete awareness of the crisis. More broadly, present and future policymakers risk repeating history as the memory of the 2008 crisis fades. It is important that the rising generation of leaders appreciate the causes and consequences of this crisis in anticipation of future crises. Such historical familiarity will be important for the development of leaders in government, business, NGOs, and households.