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Veljko Fotak

Assistant Professor
Finance and Managerial Economics Department


PhD, University of Oklahoma
MS, Rochester Institute of Technology
MBA, Rochester Institute of Technology
BS, Rochester Institute of Technology

Research Interests


Works in Progress

Quiet Leviathans: Sovereign Wealth Fund Investment, Passivity, and the Value of the Firm. Co-authorship with Bernardo Bortolotti and William L. Megginson.

Naked Short Selling: Fails-to-Deliver and Market Quality: The Emperor’s New Clothes? Co-authorship with Vikas Raman and Pradeep K. Yadav.

Why Do Governments Lend?

Government Ownership and the Cost of Debt: Evidence from Government Investments in Publicly Traded Firms. Co-authorship with Ginka Borisova, Kate Holland, and William L. Megginson.

Awards, Grants and Honors Professional Affiliations

Other Affiliations

Bocconi Research Fellow - Sovereign Investment Lab, Paolo Baffi Centre on Central Banking and Financial Regulation, Università Bocconi

Contact Information

Veljko Fotak
Assistant Professor
Finance and Managerial Economics
School of Management
University at Buffalo
236 Jacobs Management Center
Buffalo, NY 14260-4000

Tel: 716-645-1541