Eliezer Fich, PhD

Trustee Professor, Finance

Fich studies whether CEOs of public firms are paid appropriately; whether and how CEOs exploit weaknesses in securities laws for personal gain; and whether shareholder wealth improves after different firms execute various corporate deals. Fich can provide expert commentary in both English and Spanish on a variety of financial and economic subjects, including how global events impact local economies, gas and oil prices and personal financial topics. His research has been profiled by business press, including The Wall Street Journal, The Financial Times, Forbes, and The Economist and he has provided expert commentary in media outlets such as Telemundo and CNBC.

He earned a PhD in Business Administration with honors from the NYU Stern School of Business and undergraduate and graduate degrees from the Fu Foundation School of Engineering at Columbia University. He has delivered research talks in over 100 different academic venues worldwide, either as an invited seminar speaker or as a conference presenter.

In The News

Pennsylvania Planners Rush To Ready Townships for Data Center Proposals: “We’re Nonstop”
Eliezer Fich, PhD, a trustee professor in LeBow College of Business, was quoted in a Sept. 23 KYW-TV (CBS-3) story about work at the Lehigh Valley Planning Commission to help make sure municipalities in Lehigh and Northampton counties in Pennsylvania are ready when data center proposals come.
Proposed Data Center in Lehigh County, Pennsylvania, Faces Community Backlash: “We’re Here for the Long Fight”
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in a Sept. 16 KYW-TV (CBS-3) story about the potential economic impact of proposed data centers on local communities.
Freedom Fuel, Praised by Trump, Sells Cheap Gasoline. But How?
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in an Aug. 7 Washington Post story about the business model of the Freedom Fuel Network. The article was republished by the Seattle Times and Yahoo! News.
At Trump-Promoted Freedom Fuel Gas Stations, Prices Are up and Questions Linger
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in a July 21 Philadelphia Inquirer story about the business model of the Freedom Fuel Network.
Philadelphia-Area Gas Prices Remain Above $4 Despite National Decline
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in a June 18 WCAU-TV (NBC-10) story about gas prices and what the expectations are for consumers going forward.
No Habrá Caída Inmediata de Los Precios de la Gasolina
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in a June 15 WWSI-TV (Telemundo-62) story about the potential for gas prices to come down and what the expectations are for consumers.
Bracing for Higher Prices on Imported Goods Amid War in Iran
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in March 11 WCAU-TV (NBC-10) and WWSI-TV (Telemundo-62) stories about the how the war in the Middle East is impacting imported goods and foods.
How Surging Oil Prices Are Affecting Consumers at the Gas Pump and Beyond
Eliezer Fich, PhD, trustee professor in LeBow College of Business, was quoted in a March 10 WCAU-TV (NBC-10) story about the how the conflict in Iran is impacting oil and gas prices and the resulting cost increase of other goods and services.

Related Articles

Reopening of I-95 with fire truck and U.S. flag Drexel Dragons at the Heart of I-95’s Swift Rebuild
Amid the sounds of celebratory car horns and a parade of Philadelphia's beloved sports mascots, the Interstate 95 highway triumphantly reopened on Friday, restoring flow to the East Coast’s most critical artery just 12 days after a devastating tanker fire collapsed a section in Northeast Philadelphia. At the forefront of this engineering challenge has been Buckley & Co., a Philadelphia-based company run for decades by Drexel alumnus Bob Buckley.
stock photo of executives moving puzzle pieces together Merger Bonuses Important to Protecting Shareholder Wealth of Acquired Companies
Research consistently shows that when target CEOs receive extra benefits during mergers, takeover premiums are lower. According to Eliezer Fich, PhD, professor of finance in Drexel University’s LeBow College of Business, this is often interpreted as a conflict of interest: target CEOs sacrifice premiums for personal gain, facilitating a wealth transfer from target to acquirer shareholders.
Dr. Eliezer Fich of Drexel University's LeBow College of Business Study Looks at Why CEOs Get Merger Bonuses When Selling Cheaply
In about one in every four deals, the CEO of an acquired firm is awarded a merger bonus according to a recent study that examined more than 949 merger and acquisition offers that occurred in the U. S. between 1999 and 2009. The study also found that target shareholders received inferior premiums when their firms were sold while their CEOs received a merger bonus.
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