Anjan Thakor

John E. Simon Professor of Finance

Anjan Thakor

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Biography

Prior to joining the Olin Business School, Thakor was The Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has served on the faculties of Indiana University, Northwestern University and UCLA. He has worked with many companies, including Whirlpool Corporation, Allision Engine Co., Citigroup, RR Donnelley, Dana Corporation, Anheuser-Busch, Zenith Corporation, Lincoln National Corporation, J.P. Morgan, Landscape Structures, Inc., CIGNA, Borg-Warner Automative, Waxman Industries, Reuters, The Limited, Ryder Integrated Logistics, AT&T, CH2M Hill, Takata Corporation, Tyson Foods, Spartech and Bunge. He also served as an expert witness in many federal cases involving banking litigation.

WashU in the News

Stories

Having a higher purpose promotes happiness, lowers stress

Having a higher purpose promotes happiness, lowers stress

Having a personal higher purpose promotes well-being, more happiness and even lower stress from the COVID-19 pandemic, according to findings from a new survey by two Washington University in St. Louis researchers from Olin Business School. Also, employees of organizations with higher-purpose statements are happier and prouder of their organizations than are employees at workplaces without a statement, the results show.
New theoretical model links loans to bank’s capital on hand

New theoretical model links loans to bank’s capital on hand

A Washington University in St. Louis finance and regulations scientist has published a paper with a theoretical model that basically proposes bridging the divide between bankers and politicians to link such capital requirements to something of a political football: credit allocation — a bank’s business of financing loans.
Insolvency, not liquidity, is the problem

Insolvency, not liquidity, is the problem

Reviewing empirical and theoretical papers in the aftermath of the 2007-09 financial crisis, Olin Business School finance expert Anjan Thakor cites a twofold finding from his study. First, U.S. and European banks need to understand that insolvency was the issue that rocked the world, not liquidity; and second, the current standards for bank capital are all wrong and require adjustment.

Books

The Economics of Higher Purpose

Eight Counterintuitive Steps For Creating a Purpose-Driven Organization

Two distinguished scholars offer eight steps to help organizations discover and embrace an authentic higher purpose–something that will dramatically improve every aspect of any enterprise, including the bottom line.