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The Business of Writing - Lundquist College of Business - University ...

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EStEEMEd Pr<strong>of</strong>ESSor,<br />

rESPEctEd acadEMIc<br />

M. Megan Partch, 58, a longtime and revered member <strong>of</strong> the finance<br />

faculty, died on October 24, 2007, after a years-long battle with cancer.<br />

the condolences and remembrances poured forth from<br />

around the world as colleagues and former students<br />

remembered Partch for changing their lives and contributing<br />

pr<strong>of</strong>oundly to the advancement <strong>of</strong> finance research.<br />

Born and raised in Cleveland, Ohio, Partch completed her<br />

undergraduate work at Carleton <strong>College</strong> and came to the<br />

<strong>Lundquist</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong> in 1981 after earning M.B.A. and<br />

Ph.D. degrees at the <strong>University</strong> <strong>of</strong> Wisconsin. She served as head<br />

<strong>of</strong> the Department <strong>of</strong> Finance from 1997 to 2006, was the U. S.<br />

Bank Research Scholar from 1994 to 2006, and had recently<br />

been named John B. Rogers Pr<strong>of</strong>essor <strong>of</strong> Banking and Finance.<br />

During her tenure, Partch was largely responsible for advancing<br />

the reputation <strong>of</strong> the college for finance research excellence. Her<br />

work in corporate financial policy and corporate governance<br />

is among the most cited in the area, and her papers appeared<br />

in top-quality journals, including the Journal <strong>of</strong> Finance and<br />

Journal <strong>of</strong> Financial and Quantitative Analysis. In 1997,<br />

subscribers to the Journal <strong>of</strong><br />

Financial Economics voted<br />

Partch’s article “<strong>The</strong> Decline<br />

<strong>of</strong> Takeovers and<br />

Disciplinary Management<br />

Turnover” as the Best Paper<br />

in the Area<br />

<strong>of</strong> Corporate Finance.<br />

As Jonathan M. Karp<strong>of</strong>f,<br />

the Norman J. Metcalfe<br />

Pr<strong>of</strong>essor <strong>of</strong> Finance at the<br />

<strong>University</strong> <strong>of</strong> Washington,<br />

explained, “Megan changed<br />

how we think—about the<br />

reasons firms issue securities,<br />

how firms structure their<br />

ownership rights, and how<br />

markets assist firm governance.”<br />

<strong>The</strong> flowers outside her <strong>of</strong>fice door were a testament to how<br />

pr<strong>of</strong>oundly Megan impacted the lives <strong>of</strong> students and colleagues.<br />

Megan Partch<br />

I n memorI am<br />

Partch was also remembered<br />

as a gracious and dedicated<br />

teacher who took great joy<br />

in helping others succeed.<br />

At the <strong>Lundquist</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>, she pioneered some <strong>of</strong><br />

the first experiential education opportunities for students,<br />

and she was instrumental in attracting and mentoring<br />

promising junior finance faculty and Ph.D. students.<br />

“Megan was by far the best teacher I have ever had,”<br />

said Lawrence Abbott, now an associate pr<strong>of</strong>essor at the<br />

<strong>University</strong> <strong>of</strong> Memphis. “I learned how to be both a better<br />

Ph.D. student and a better teacher thanks to her. I am deeply<br />

indebted to her and her wisdom.”<br />

Others echoed that sentiment, commenting that Partch made<br />

finance “come alive” and challenged students to learn on a<br />

higher level.<br />

As Pr<strong>of</strong>essor Emeritus Rick Mowday so eloquently summed<br />

up, “Megan was a complete academic. She was a gifted<br />

scholar, excellent teacher, and caring colleague who<br />

contributed much to building her department and the<br />

college. She was also a wonderful human being. She will<br />

be greatly missed.”<br />

For more remembrances, please visit http://lcb.uoregon.edu/<br />

news/news.php?issue=100107&story=partch.<br />

31

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