Faculty & Research

Christopher B. Yenkey

Assistant Professor of Organizations and Strategy

Phone :
1-773-834-4115
Address :
5807 South Woodlawn Avenue
Chicago, IL 60637

Chris Yenkey joined Chicago Booth in 2011 as Assistant Professor of Organizations and Strategy. Yenkey studies the construction of nascent financial markets in developing economies, modeling processes of new investor recruitment into emerging stock exchanges, behavioral differences between inexperienced investors and their institutional counterparts, and the effects of fraud and price volatility on continued participation in the market. Yenkey’s research extends and applies institutional theory, diffusion analysis, organizational theory, and theories of trust in market exchange from sociology to this set of interdisciplinary research questions. In regards to his current research on emerging stock markets in East Africa, Yenkey states, “Emerging markets provide outstanding natural laboratories in which to study in real time processes that underlie the construction and development of market institutions.”

This research received several awards in 2011, including the William H. Newman Award from the Academy of Management, the Louis R. Pondy Best Paper Award from the Organization and Management Theory Division of the AOM, and the Ronald S. Burt Outstanding Paper Award from the American Sociological Association’s Section on Economic Sociology.

While earning his PhD in Sociology at Cornell University, Yenkey conducted extensive fieldwork from 2007-10 at Kenya’s Nairobi Stock Exchange and the Dar es Salaam Stock Exchange in Tanzania and served as a visiting scholar at the Institute for Economic Affairs in Nairobi, Kenya. More recently, he was Associate Director of the Center for the Study of Economy and Society at Cornell University from 2010-11. Prior to his graduate studies, Yenkey received a BA in Economics from the University of Texas-Austin in 2001 and served as a Research Associate in the Department of Economic Research at the Federal Reserve Bank of Kansas City from 2001-03.

When he’s not studying the social construction of markets, Chris prefers to be with his family, exercising outside, or some combination of the two.

 

2013 - 2014 Course Schedule

Number Name Quarter
39002 Strategic Leadership 2014 (Spring)
39600 Workshop in Organizations and Markets 2013 (Fall)

2014 - 2015 Course Schedule

Number Name Quarter
39002 Strategic Leadership 2015 (Spring)
39600 Workshop in Organizations and Markets 2015 (Spring)

REVISION: The Social Structure of Speculation: Investor Attributes and Short Term Share Ownership in Kenya’s
Date Posted: Aug  04, 2010
This study examines how investors of varying levels of wealth, experience in and proximity to Kenya’s emerging stock exchange take advantage of short term profit opportunities in a politically manipulated market characterized by significant early gains in IPO share prices. Analysis of individual-level data for all Kenyan IPO investors shows that first-time investors are often the most likely to sell shares in the first month of trading, while lower income investors quickly learn to imitate the s


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