STEPHEN P. HUFFMAN, Ph.D., CFA, FRM


Professor of Finance

College of Business Administration

University of Wisconsin Oshkosh

800 Algoma Blvd., Oshkosh, WI 54901

Work: (920) 424-7202, Messages: (920) 424-1215

Email:  huffman@uwosh.edu


AREAS OF INTEREST


Research: Risk Management, Market Efficiency, and Asset Allocation

Teaching: Investments, Markets, Financial Management, and Global Business Issues


EDUCATION AND PROFESSIONAL DESIGNATIONS


Ph.D. Florida State University Tallahassee, Florida (August 1990)

Major Area: Finance; Support Area: Accounting; Chair Professor: Pam Peterson Drake

Dissertation: Tests of the Free Cash Flow Theory of Takeovers

M.B.A. James Madison University Harrisonburg, Virginia (May 1985)

B.B.A. James Madison University Majors: Accounting and Finance (May 1983)

Chartered Financial Analyst® charterholder (September 2003)

Financial Risk Manager certified by Global Association of Risk Professionals (November 2004)


EXPERIENCE


Professor of Finance, Finance and Business Law Team (July 2000 to Present)

John E. Kerrigan International Endowed Professor (September 2005 to June 2009)

Team Leader, Finance and Business Law Team (September 1999 to June 2004)

EAA/C.R. Meyer Endowed Professor (September 1998 to June 2002)

Associate Professor, Dept. of Finance & Business Law (July 1995 to June 2000)

Assistant Professor, Dept. of Finance & Business Law (September 1990 to June 1995)

All the above at University of Wisconsin Oshkosh, Oshkosh, Wisconsin

Teaching and Research Assistant

Florida State University, Tallahassee, Florida (August 1986 to May 1990)

James Madison University, Harrisonburg, Virginia (August 1984 to May 1985)


Financial Analyst (May 1985 to July 1986)

ARA/Smith's Transfer Corporation, Verona, Virginia


Co-owner/President (July 1983 to September 1986)

University Goods and Services, Inc., Keezletown, Virginia


REFEREED PUBLICATIONS (26)


The Value of a Simple Market-Based Metric in Predicting Bankruptcy, Co-authored with M. H. Schellenger.  Journal of Business and Economic Perspectives.  36(1) forthcoming.

A Three-Factor Model Investigation of Foreign Exchange Rate Exposure, Co-authored with S.D. Makar and S.B. Beyer. Global Finance Journal. 21(1), 1-12.

VaR as a Determinant of Capital Structure and Bankruptcy Prediction, Co-authored with M. H. Schellenger.  Financial Decisions, (Summer 2009), 21(1) Article 5. http://www.financialdecisionsonline.org/current/HuffmanSchellenger.pdf

UK Multinationals Effective Use of Financial-Currency Hedge Techniques:  Estimating and Explaining Foreign Exchange Exposure Using Bilateral Exchange Rates, Co-authored with S. D. Makar.  Journal of International Financial Management and Accounting, 19 (Autumn 2008), 219-235.

Value-at-Risk: An analysis of January and non-January returns, Co-authored with C. R. Moll. Quarterly Journal Finance and Accounting, 47 (Winter 2008), 97-107.

An analysis of the January effect using returns and trading volume momentum measures, Co-authored with C. R. Moll. Journal of Business and Economic Perspectives, 32 (Fall/Winter 2006), 143-157.

Additional evidence of the tax-loss selling hypothesis and the January effect, Co-authored with C. R. Moll. Central Business Review, 25 (Winter 2006), 23-28.

Exchange rate exposure and foreign exchange derivatives: Do ineffective hedgers modify future derivatives use? Co-authored with S. D. Makar and B. Anderson. Research in International Business and Finance, 18 (2004), 205-216.

The effectiveness of currency-hedging techniques over multiple return horizons for foreign-denominated debt issuers, Co-authored with S. D. Makar. Journal of Multinational Financial Management, 14 (2004), 105-115.

Foreign-denominated debt and foreign currency complements or substitutes in hedging foreign currency risk? Co-authored with W. Elliott and S. D. Makar. Journal of Multinational Financial Management, 13: 2 (2003), 123-139.

An empirical analysis of managing foreign currency risk over the return horizon: Derivative use and natural hedging, Co-authored with S. D. Makar. Review of the Academy of Finance, 2:1 (March 2002), 167-175.

Foreign exchange derivatives, exchange rate changes, and the value of the firm: U.S. multinationals' use of short-term financial instruments to manage currency risk, Co-authored with S. D. Makar. Journal of Economics and Business, 53 (July/August 2001), 421-437.

The management of foreign currency risk: Derivatives use and the natural hedge of geographic diversification, Co-authored with S. D. Makar and J. DeBruin. Accounting and Business Research, 29 (1999), 229-237.

The influence of going-private prediction models on abnormal returns, Co-authored with B. Niendorf. Journal of Business and Economic Perspectives, 23 (Spring/Summer 1997), 43-53.

Foreign currency risk management practices in U.S. multinationals, Co-authored with S. D. Makar. Journal of Applied Business Research, 13:2 (Spring 1997), 73-86.

Seasonality in the returns of defaulted bonds: The January and October effects, Co-authored with D. J. Ward. Quarterly Journal of Business and Economics, 36: 3 (Summer 1997), 3-10.

The use of derivatives in foreign exchange rate hedging, Co-authored with S. D. Makar. Central Business Review, 15:2 (Summer 1996), 51-59.

A comparison of acquired firms' returns: By medium of exchange and exchange listing, Co-authored with B. Niendorf. Journal of Business and Economic Perspectives, 32:2 (Fall/Winter 1996), 43-53.

Stock price effect of high yield debt issues, Co-authored with D. J. Ward. Journal of Economics and Finance, 20 (Spring 1996), 133-146.

A test of market efficiency for Business Week data, Co-authored with G. L. Griepentrog and M. H. Schellenger. Central Business Review, 15:1 (Winter 1996), 44-50.

The prediction of default for high yield bond issues, Co-authored with D. J. Ward. Review of Financial Economics, 5:1 (Winter 1996), 75-89.

Can free cash flow predict going-private transactions? Journal of Business and Economic Perspectives, 21:2 (Fall 1995), 43-57.

The ability of prediction models to explain abnormal returns of acquired firms, Co-authored with B. Niendorf. Journal of the Midwest Finance Association, 20 (1992), 55-67.

An investigation of market reaction to the choice of accounting method, Co-authored with P. P. Peterson and J. Sullivan. WIU Journal of Business, 3 (1992), 89-103.

Role of free cash flow in determining the pairing of mergers. Journal of the Midwest Finance Association, 20 (1991), 34-46.

The impact of the degrees of operating and financial leverage on the systematic risk of common stocks: Another look. Quarterly Journal of Business and Economics, 28 (Winter 1989), 83-100.


PROCEEDINGS and OTHER PUBLISHED WORKS (4)


Integrating the top-down approach in a simulated trading program, Co-authored with S. B. Beyer and M. H. Schellenger.  Abstract published in the Academy of Finance, 2010 Proceedings.

The finance academic job search: What your dissertation chair may not tell you about finding a job, Co-authored with D. C. Goff. Financial Decisions, 17:2, Special Issue Article 1 (September 2005), 1-20.

UK multinationals' foreign currency risk management practices: The effective use of financial and non-financial hedges over the return horizon, Co-authored with S. P. Makar. Las Vegas, NV: 2002 Association of Global Business Conference Proceedings.

A comparison of acquired firms' returns by medium of exchange and exchange listing, Co-authored with B. Niendorf. 1995 Proceedings: Western Decision Sciences Institute.

 


REFEREED PRESENTATIONS AT PROFESSIONAL MEETINGS (35)


Integrating the top-down approach in a simulated trading program, Co-authored with S. B. Beyer and M. H. Schellenger.  Presented at the 2010 Academy of Finance meeting Chicago, Il.

A 3-Factor Model Investigation on the Determinates of Foreign Exchange Rate Exposure, Co-authored with S. D. Makar and S. B. Beyer.  Presented at the 2008 Financial Management Association meeting, Dallas, TX.

VaR as a predictor of bankruptcy, Co-authored with M. H. Schellenger. Presented at the 2008 Eastern Finance Association meeting, St. Pete Beach, FL.

Using simulated trading in the classroom, Co-authored with M. H. Schellenger and S. B. Beyer. Presented at the 2008 Academy of Finance meeting, Chicago, IL.

VaR as a determinate of capital structure and bankruptcy prediction, Co-authored with M. H. Schellenger. Presented at the 2007 Southern Finance Association meeting, Charleston, SC.

Asset allocation location: Cases and model development, Co-authored with B. Mulholland and S. B. Beyer. Presented at the 2007 Academy of Financial Services meeting, Orlando, FL.

An analysis of the January effect using returns and trading volume momentum measures, Co-authored with C. R. Moll. Presented at the 2006 Financial Management Association meeting, Salt Lake City, UT.

Additional evidence of the tax-loss selling hypothesis and the January effect, Co-authored with C. R. Moll. Presented at the 2006 Midwest Finance Association, Chicago, IL.

UK multinationals’ effective use of financial currency-hedge techniques: A firm-specific approach to estimating and explaining foreign exchange exposure, Co-authored with S. D. Makar. Presented at the 2006 Midwest American Accounting Association meeting, Chicago, IL.

Exchange rate exposure and foreign exchange derivatives: Do ineffective hedgers modify future derivative use? Co-authored with S. Makar. Presented at the 2003 International Conference of the Association for Global Business meeting, Atlanta, GA.

The effectiveness of multiple hedging techniques: Foreign-denominated debt issuers and currency risk, Co-authored with S. D. Makar. Presented at the 2003 Midwest Finance Association annual meeting, St. Louis, MO.

UK multinationals' foreign currency risk management practices: The effective use of financial and non-financial hedges over the return horizon, Co-authored with S. D. Makar. Presented at the 2002 Association for Global Business Conference, Las Vegas, NV. Abstract is found in the 2002 Association of Global Business Proceedings.

An empirical analysis of managing foreign currency risk over the return horizon: Derivative use and natural hedging, Co-authored with S. D. Makar. Presented at the 2002 Midwest Business Administration Association meeting, Chicago, IL.

Foreign currency risk management and capital structure decision, Co-authored with S. D. Makar. Presented at the 2000 International Business and Economics Conference, St. Norbert’s University, De Pere, WI.

Foreign exchange derivatives, exchange rates, and the value of the firm: An empirical study of foreign exchange exposure, Co-authored with S. D. Makar. Presented at the 1999 Midwest Finance Association annual meeting, Nashville, TN.

The management of foreign currency risk: Derivatives use and natural hedging, Co-authored with S. D. Makar and J. DeBruin. Presented at the 1998 American Accounting Association annual meeting, St. Louis, MO.

How are foreign exchange derivatives used? Understanding the foreign currency risk management practices of U.S. MNC, Co-authored with S. D. Makar. Presented at the 1997 American Society for Competitiveness international conference, San Diego, CA.

The use of derivatives in foreign exchange rate hedging, Co-authored with S. D. Makar. Presented at the 1996 American Accounting Association regional meeting, Cleveland, OH.

The influence of going-private prediction models on abnormal returns, Co-authored with B. Niendorf. Presented at the 1996 Eastern Finance Association meeting, Charlotte, NC.

BusinessWeek Stock Trends, Co-authored with G. L. Griepentrog and M. H. Schellenger. Presented at the 1996 Eastern Finance Association meeting, Charlotte, NC.

A comparison of acquired firms' returns by medium of exchange and exchange listing, Co-authored with B. Niendorf. Presented at the 1995 Western Decision Sciences Institute meeting, San Francisco, CA.

Seasonality in the returns of defaulted bonds: The January and October effects, Co-authored with D. J. Ward. Presented at the 1995 Eastern Finance Association meeting, Hilton Head, SC.

A test of market efficiency for Business Week data, Co-authored with G. Griepentrog and M. H. Schellenger. Presented at the 1995 Eastern Finance Association meeting, Hilton Head, SC.

A comparison of acquired firms' returns by medium of exchange and exchange listing, Co-authored with B. Niendorf. Presented at the 1993 Eastern Finance Association meeting, Richmond, VA.

Stock price reaction to high debt issuers, Co-authored with D. J. Ward. Presented at the 1993 Eastern Finance Association meeting, Richmond, VA.

The prediction of default for high yield bond issues, Co-authored with D. J. Ward. Presented at the 1993 Midwest Finance Association meeting, Indianapolis, IN.

Market reaction to high yield debt issuers, Co-authored with D. J. Ward. Presented at the 1993 Midwest Finance Association meeting, Indianapolis, IN.

Determinates of default for high yield bond issues, Co-authored with D. J. Ward. Presented at the 1992 Eastern Finance Association meeting, Tampa, FL.

The ability of prediction models to explain abnormal returns of acquired firms, Co-authored with B. Niendorf. Presented at the 1992 Midwest Finance Association meeting, Chicago, IL.

Prediction of going-private transactions. Presented at the 1991 Southern Finance Association meeting, Key West, FL.

The role of free cash flow in identifying acquired firms. Presented at the 1991 Financial Management Association meeting, Chicago, IL.

Are merger participants matched by level of free cash flow? Presented at the 1991 Eastern Finance Association meeting, Hot Springs, VA.

Role of free cash flow in determining the pairing of mergers. Presented at the 1991 Midwest Association meeting, St. Louis, MO.

Free cash flow and corporate restructuring. Presented at the 1990 Eastern Finance Association meeting, Charleston, SC.

Market power as a source of takeover gains, Co-authored with P. P. Peterson and D. R. Peterson. Presented at the 1988 Eastern Finance Association meeting, Bal Harbour, FL.

 


University Funded Research Projects (14) and Sabbaticals (2)

The Impact of Asymmetry on Returns, supported by Faculty Development Board for summer 2010, Co-authored with C. Moll FDR580).

Asset Allocation Location, supported by Faculty Development Board for summer 2007, Co-authored with B. Mulholland and S. Beyer (FDR 406, completed February 2008).

A Survivorship Bias Investigation of Stock Market Anomalies, supported by Faculty Development Board for summer 2006, Co-authored with S. Beyer (FDR 343, completed February 2007).

VaR as a Predictor of Bankruptcy and a Determinate of Capital Structure, supported by Faculty Development Board for summer 2006, Co-authored with M. Schellenger (FDR 347, completed February 2007).

Professional Development in Financial Risk Management, sabbatical supported by Faculty Development Board, for fall 2004 and spring 2005 (FDS 290).

How Does Customer Satisfaction Affect the Financial Performance of a Firm? supported by Faculty Development Board for summer 2003, Co-authored with M. Tippins and B. Leisen (FDR044, completed February 2004).

Foreign Currency Risk Management, supported by Faculty Development Board for summer 1999, Co-authored with S. D. Makar (FDR725, completed February 2000).

Professional Development in Investments, sabbatical supported by Faculty Development Board for spring 1998 (FDS176, completed fall 1998).

Foreign Exchange Derivatives, Exchange Rate Changes and the Value of the Firm: Empirical Evidence of Foreign Currency Exposure, supported by Faculty Development Board for summer 1997, Co-authored with S. D. Makar (FDR489, completed February 1998).

How Are FXDs Used? supported by Faculty Development Board for summer 1996, Co-authored with S. D. Makar (FDR484, completed October 1996).

A Survey of the Capital Budgeting Process, supported by Faculty Development Board for summer 1995 (FDR335, completed October 1997).

A Test of Market Efficiency: Is the Trend Your Friend? supported by Faculty Development Board for summer 1994, Co-authored with M. H. Schellenger and G. Griepentrog (FDR291, completed April 1995).

The Economic Value of Going-Private Prediction Models, supported by Faculty Development Board for summer 1993 (FDR158, completed June 1994).

The Impact of the Issuance of Junk Bonds on Common Stock Prices, supported by Faculty Development Board for summer 1992, Co-authored with D. J. Ward (FDR141, completed January 1993).

The Ability of Prediction Models to Explain Price Reactions of Acquired Firms, supported by Faculty Development Board for summer 1992 (FDR 112, completed December 1992).

Prediction of Going-Private Transactions, supported by Faculty Development Board for summer 1991 (FDR050, completed February 1992).

 


SERVICE ACTIVITIES


Service to Department of Finance and Business Law

  • Member of the Milwaukee Chapter of the Financial Executives International, FEI (1999 to present). Provides scholarship opportunities and awards to finance majors.
  • Advisor to students participating in the CFA Institute's Global Investment Research Challenge, GIRC, 2009-2010 Competition sponsored by the CFA Society of Milwaukee
  • Grader for the GIRC for the 2008-2009 competition for the CFA Society of Milwaukee
  • Accompanied students to the annual Redefining Investment Strategy Education, RISE, Conference at the University of Dayton in March 2009 and 2010
  • Team Leader (September 1999 to June 2004)
  • Team Search and Screen Committee Co-chair (2000-2001)
  • Team Search and Screen Committee Chair (1998-1999)
  • Initiated and drafted the finance emphases at undergraduate level (1994)
  • Finance Program Review contributor (2002 and 1993)
  • Student Chapter of Financial Management Association Advisor (1991 to 1996)
  • New Finance Faculty Search and Screen Committee (1993, 1994, and 1995)
  • Personnel Committee member (1996 to present), Chairperson (1997 to 1998)

 

Service to College

  • Faculty Review & Development Team (2006-2007)
  • Full Professor Committee (2002 to 2004)
  • Dean Evaluation Committee (2001 to 2004)
  • Enterprise Resource Planning, ERP, Task Force Member (May 2001 to 2004)
  • COBA Council (September 1999 to 2004)
  • International Team (January 2000 to Fall 2002)
  • Scholarship Evaluation Task Force (Spring 2000)
  • Curriculum Committee (1990 to 1997)
  • Mentor for new Accounting Faculty (1994/1995)
  • Mentor for new Finance Faculty (1999/2000)
  • Social Committee (1990 to 1992)
  • Accounting Program Review (1992)

 

Service to College to Internationalize the Business Program and
Professional Development in Global Business

  • Participant in the Business Faculty Tour to Mainland China in June of 2008.  A two-week faculty tour with company visits in Shanghai, Hangzhou, Ninghai, Ningbo, and Beijing.
  • Accompanied Professor M. Schellenger on the Study Tour to Peru in January 2005.
  • Accompanied Professors F. Fukuta and D. Gudmundson on the Study Tour to Japan in May 2004. Met with officials at Asia Pacific University in Beppu to discuss Global MBA proposal.
  • Lead professor on the second Job Shadow to Mexico City program in March 2002, accompanied by J. Graff (Director of Office of International Education), Professor C. Herrera, and 10 students.
  • Lead professor on the first Job Shadow to Mexico City program in March 2001, accompanied by J. Graff, Professor I. Alvarez, Professor D. Gomez-Torres, and 12 students.
  • Arranged (with J. Graff) a UW System-wide symposium on “The Relationship between Business and Culture in Mexico,” at the Valley Inn, Neenah, WI, October 2000.
  • Presented at two UW System-sponsored Institute for Global Studies (IGS) events (April 2000 and April 2001).
  • Traveled to Mexico in January 2000 to interview potential companies that would be willing to have UW Oshkosh students shadow their employees. Accompanied by J. Graff to Mexico City and Queretaro, where we spoke with Business Deans from the Instituto Tecnológico y de Estudios Superiores de Monterrey, ITESM, Queretaro campus, about the program and possible exchange programs.
  • Awarded an Institute for Global Studies (IGS) Fellowship from the University of Wisconsin System, with Professor F. Fukuta and Professor D. Gudmundson, in Fall 2000 to develop a system-wide symposium on “The Relationship between Business and Culture in Mexico.”
  • Awarded a Vander Putten grant from the University of Wisconsin Oshkosh to develop the Mexican Job Shadow Study Tour in Fall 1999.
  • Participant in the Business Faculty Tour to “Eastern” Europe in May of 1999. A two-week faculty tour with company visits in Berlin, Prague, Krakow, Budapest, and Vienna.
  • Member of international committee that helped to develop/reorganize the Globalization Committee (1994 to 2002).
  • Lead Professor for European Tour in January 1995. A two-week travel tour to Amsterdam, Brussels, Paris and London with company visits and seminar presentations.
  • Assisted Professor R. Marks on European Tour in January 1994, with the intent of leading the tour the following year. A two-week travel tour to Amsterdam, Brussels, Paris and London with company visits and seminars.

 

Service to University

  • Faculty Development Board (July 2008 through June 2011 and previously from July 2000 through June 2003)
  • Consultant to the UW Oshkosh Foundation on Hillenbrand family donation (Fall 2007—Spring 2008)
  • Rosebush Professor Review Committee (July 2007 to June 2010)
  • Search and Screen Committee for Assistant Vice-Chancellor (January 2001)
  • Graduate Council (1991 to 1995)
    • Outstanding Thesis (1991 to 1995)
    • Graduate Council Appeals/Exceptions Committee, chair (1992 to 1995)
  • Graduate Dean Evaluation Committee (1993, 1994)
  • Improvement of Instruction Committee (1993 to 1999)

 

Service to Discipline

  • CFA Institute’s Council of Examiners Level I member (2007 to present)
  • Writer of FRM exam questions (20100
  • CFA Program Curriculum Reviewer - member Candidate Curriculum Committee Working Body (2006 to present)
  • Writer of CFA Level I exam curriculum materials (for 2011 exam)
  • CFA Level III exam grader (June 2009, June 2010), Senior grader (June 2010)
  • Preparer of study materials for Financial Risk Manager (FRM) and Chartered Alternative Investment Analyst (CAIA) designations (2005 to 2008)
  • External reviewer of faculty for tenure and promotion at Coggin College of Business at the University of North Florida and Indiana University Purdue University Columbus (2007 and 2005)
  • Participant at CFA Institute’s Standard Setting Workshops (Level II in June 2006 and Level III in June 2007)
  • Ad Hoc reviewer for the following Journals: Journal of Multinational Finance, Financial Management, Journal of Economics and Business, Journal of Midwest Finance Association and Quarterly Journal of Business and Economics
  • Writer of 18 article summaries for CFA Digest from (May 2006 through present)
  • Writer of 3 article summaries for Contemporary Finance Digest (1998, 1999, 2000)
  • Reviewer of textbooks and computer software in finance area for Pearson Addison-Wesley, Thomson South-Western, McGraw-Hill, Harper Collins, Dryden, and Irwin.
  • 1996 EFA Program Committee, 1995 FMA Competitive Paper Committee and 1992 MFA Program Committee

 

Article Summaries for CFA Digest (18) and Contemporary Finance Digest (3)

 

Cooper, Gulen and Ovtchinnikov (2010), "Corporate Political Contributions and Stock Returns," published in Journal of Finance. CFA Digest, 40 (2) 687-724.

Kini, Mian, Rebello and Venkateswaran (2009), On the Structure of Analyst Research Portfolios and Forecast Accuracy, published in Journal of Accounting Research.  CFA Digest 40:1 (February, 2010), 74-76.

Zingales (2009), The Future of Securities Regulation, published in Journal of Accounting Research.  CFA Digest 39:4 (November, 2009), 18-20.

Morey, Gottesman, Baker, and Godridge (2009). Does Better Corporate Governance Result in Higher Valuations in Emerging Markets? published in Journal of Banking & Finance.  CFA Digest 39:3 (August, 2009), 13-15.

Clifford (2008), Value Creation or Destruction? Hedge Funds as Shareholder Activists, published in Journal of Corporate Finance.  CFA Digest 39:2 (May, 2009), 14-16.

Fama and French (2008), Dissecting Anomalies published in Journal of Finance.  CFA Digest 39:1 (February, 2009), 68-70.

Dechow, Richardson and Sloan (2008), The Persistence and Pricing of the Cash Component of Earnings, published in Journal of Accounting Research. CFA Digest 38:4 (November, 2008), 41-43.

Feng and Seasholes (2008), Individual Investors and Gender Similarities in Emerging Stock Market, published in Pacific-Basin Finance Journal. CFA Digest 38:3 (August 2008), 49-50.

Ferreira and Gama (2007), Does Sovereign Debt Ratings News Spill Over to International Stock Markets? published in Journal of Banking and Finance.  CFA Digest 38:2 (May 2008), 69-71.

Popova, Morton, Popova and Yau (2007), Optimizing Benchmark-Based Portfolios with Hedge Funds, published in Journal of Alternative Investments. CFA Digest 38:1 (February 2008), 67-69.

Hong and Stein (2007), Disagreement and the stock market, published in Journal of Economic Perspectives. CFA Digest, 37:4 (November 2007), 47-49.

Jiraporn and Ning (2006), Dividend policy, shareholder rights and corporate governance, published in Journal of Applied Finance. CFA Digest, 37:4 (November 2007), 10-11.

Miller (2007), Measuring the true cost of active management by mutual funds, published in Journal of Investment Management. CFA Digest, 37:3 (August 2007), 74-76.

Faugere and Van Erlach (2006), The equity premium: Consistent with GDP growth and portfolio insurance, published in Financial Review. CFA Digest, 37:2 (May 2007), 33-35.

Houge and Loughran (2006), Do investors capture the value premium? published in Financial Management. CFA Digest, 37:1 (February 2007), 68-70.

Mitchell and Utkus (2006), How behavioral finance can inform retirement plan design, published in Journal of Applied Corporate Finance. CFA Digest, 36:4 (November 2006), 62-64.

Danielson and Press (2006), When does R&D expense distort profitability estimates? published in Journal of Applied Finance. CFA Digest, 36:3 (August 2006), 51-53.

Ritter (2006), Economic growth and equity returns, published in Pacific-Basin Finance Journal. CFA Digest, 36:2 (May 2006), 71-73.

Childs, Ott and Triantis (1998), Capital budgeting for interrelated projects:  a real options approach.  Contemporary Finance Digest, 3:1 (2000), 43-44.

Amir and Lev (1996), Value-relevance of non-financial information: The wireless communications industry, published in Journal of Account and Economics. Contemporary Finance Digest, 2:1 (Spring 1998), 73-74.

Fama (1996), Discounting under uncertainty, published in Journal of Business. Contemporary Finance Digest, 1:1 (Autumn 1997), 27-28.

 

Service to Community

  • Organized/participated in presentations to university donors the results of Student-Managed Endowment Fund (2001 and 2002)
  • Developed and organized with J. Graff a two-day UW System Symposium, “The Relationship between Business and Mexican Culture,” Valley Inn, Neenah, WI, October 2000, funded by UW Institute for Global Studies
  • Team taught a finance class at Kimberly Clark's Conference Center (Fall 1996)
  • Ad hoc committee on fees for the UW Oshkosh Credit Union, 1995
  • Wrote an article for the Oshkosh Northwestern on September 25,1994
  • Participated in the V.O.I.C.E. program for Japanese Students (1991 and 1994)

Other Awards, Grants and Activities


UW System Institute for Global Studies (IGS) Fellow (1999)

  • Organized UW System Symposium, “The Relationship between Business and Mexican Culture,” Valley Inn, Neenah, WI, October 2000, funded by UW Institute forGlobal Studies
  • Presented progress at the IGS Workshop, Milwaukee, WI, April 2000
  • Presented at the IGS Best Practices Conference in Spring Green, WI, May 2001

 

UW Oshkosh Vander Putten Funding to Develop a Job Shadow Course in Mexico

  • Exploratory trip to Mexico City (January 2000)
  • 12 students and 2 faculty from Foreign Languages participated in course (March 2001)
  • 10 students and 1 faculty from Foreign Languages participated in course (March 2002)

 

UW Oshkosh John E. Kerrigan International Endowed Professor

  • Awarded September 2005

UW Oshkosh EAA/C.R. Meyer Endowed Professor

  • Awarded September 1998

UW Oshkosh College of Business Administration Dean’s Exceptional Performance Award

  • Awarded February 2002 and 2004

Teaching Responsibilities at UW Oshkosh

BUS 331 Business Finance (3 credit course)

BUS 331 Essentials of Finance (2 credit course)

BUS 333 Financial Markets

BUS 334 Investment Management

BUS 335 International Business Finance

BUS 432 Security Analysis

BUS 438 Student-Managed Endowment Fund (Previously BUS 439)

BUS 494/694 Business Job Shadow in Mexico

BUS 494/694 European Business Study Tour

BUS 730 Finance Foundations (3 credit course and 1.5 credit course)

BUS 731 Financial Management

BUS 732 Investment Analysis and Portfolio Management

Team taught the first M.B.A. foundation courses taught at Kimberly Clark (1996)

First to teach BUS 730 and BUS 732 on the internet (1998)

Wrote several modules in the first finance foundation course for the M.B.A. internet consortium (1998)

Memberships in Academic and Professional Organizations

§  CFA Institute (issuer of the CFA® designation)

§  CFA Society of Milwaukee

§  Financial Executives International, FEI, and Milwaukee Chapter of FEI

§  The American Finance Association, AFA

§  The Financial Management Association, FMA

§  American Association of Individual Investors, AAII

§  The Eastern Finance Association, EFA

 

 

 

 

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