ACADEMIC EXPERIENCE

Finance Program Director, Schools of Business, Wake Forest University. Academic years 2004 – present. Oversee curriculum and implementation, student job placements, scheduling, course offerings, academic advising and external liaison.

Associate Finance Professor, Tenured, School of Business, Wake Forest University. Academic year 1996 – present; teaching: Corporate Finance, Financial Derivatives, International Finance, Quantitative Methods of Finance.

Visiting Associate Professor, Bilkent University, Ankara, Turkey. January – June, 2017.

Visiting Assistant Finance Professor, The Wayne Calloway School of Business and Accountancy, Wake Forest University, Academic year 1996-1997; teaching: International Finance and Fundamentals of Financial Management.

Visiting Assistant Finance Professor, The University of North Carolina at Chapel Hill, NC, Academic year 1995-1996: MBA and Master of Accounting: Fundamentals of Financial Management.

EDUCATION

University of North Carolina Chapel Hill, NC Ph.D.1996, Major: Finance

University of North Carolina Greensboro, NC MA,1990, Major: Economics

University of North Carolina Greensboro, NC BA,1985, Major: Economics

Furman University Greenville, SC  BA,1982, Major: Political Philosophy

PUBLICATIONS

With Naz Sayari, 2022, “Board Systems, employee representation, and neo-institutional theory: The moderating effect of economic freedom on corporate boards and financial performance” Managerial Decision Economics https://onlinelibrary.wiley.com/doi/full/10.1002/mde.3638

With Naz Sayari, 2018, “Reducing Risk in the Emerging Markets: Does Enhancing Corporate Governance Work?” Business Research Quarterly. https://doi.org/10.1016/j.brq.2018.01.002

With Naz Sayari, 2017, “Do US Corporate Governance Standards Effectively Discourage Risk in the Emerging Markets?” Australian Accounting Review, https://doi.org/10.1111/auar.12160.

With G. J. Goddard, 2014, “The Case of the Discounted Sellout: Reducing the Risk of Condo Project Finance,” RMA Journal, 44-49.

With Dale Martin and Deon Strickland, 2013, “U.S. Firms: Still Holding Too Much Cash?” Journal of Corporate Accounting Finance, Winter, 27-34.

With G. J. Goddard, 2012, “A World of Herf: The Importance of Market Concentration in CMBS Risk Assessment, RMA Journal, 36-42.

With Dale Martin and Deon Strickland, 2011, “Are U.S. Firms Stockpiling Too Much Cash?” The Journal of Corporate Accounting and Finance, 9-18.

With G. J. Goddard, 2011, “The Good, the Bad and the 1031 Exchange,” RMA Journal, 44-47.

With G. J. Goddard 2011, “The Crowd is Untruth: The Problem of Cap Rates in a Declining Market,” RMA Journal, 26-32.

With Michael Cooper and Roberto C. Gutierrez, Jr., 2005 “On the Predictability of Stock Returns in Real Time,” Journal of Business, 78, 469-499.

With James Cotter and Dale Martin, 2003, “A Cure for Outdated Capital Budgeting Techniques,” Journal of Corporate Accounting and Finance, 14: 71-80.

With Sheri Bridges and J. Kline Harrison, 2003, “The Relation Between Employee Perceptions of Stakeholder Balance and Corporate Financial Performance,” SAM Advanced Management Journal, 22: 55-75.

With Don Robin, “Understanding Ethical Attitudes of Insurance Practitioners,” 2003, CPCU Journal, 56, Vo. 5.

With Sheri Bridges, 2001, “Back to Business Basics: Buyers, Benefits and Brands on the Internet,” Journal of Business and Entrepreneurship, 13: 71-82.

With James Cotter, 2001, “The Limits of Reverse Auction Pricing and Priceline.com,” Journal of Business and Entrepreneurship, 13: 23-32.

BOOKS

With G. J. Goddard., 2012, “Real Estate Investment: A Value Based Approach,” Springer.

BOOK CHAPTERS

With Naz Sayari, 2018, “Corporate Governance and Financial Performance in the Emerging Markets: Do ADRs Perform any Better than Non-Cross-Listed Firms?” In Financial Management from an Emerging Market Perspective. InTech.

WORKING PAPERS

With Deon Strickland, “Dividends in a Time of Peril: Market-Wide Risk and the Performance of the Aristocrats,” Working Paper.
With Naz Sayari, 2021, “Corporate Social Responsibility and Financial Performance: A Bayesian Item Response Theory Approach,” Under submission.

AWARDS and HONORS

Wall Street Partners Fellow, 2016 – present
Associate, BB&T Center for the Study of Capitalism 2015 – present
Horace Kelly Alumni Teaching Award, 2015 – 2016
Service Award, 2015 – 2016
Horace Kelly Alumni Teaching Award, 2013 – 2014
Outstanding Educator Award, Wake Forest Charlotte Saturday MBA Program, 2013
Outstanding Educator Award, Wake Forest Charlotte Saturday MBA Program, 2012
Senior Teaching Award, Wake Forest University School of Business, 2009 – 2010
Senior Teaching Award, Wake Forest University School of Business, 2006 – 2007
Senior Teaching Award, Wake Forest University School of Business, 2003 – 2004

CONFERENCE PRESENTATIONS

American Finance Association meetings.
American Accounting Association meetings.
Annual Conference on Accounting and Finance.
Western Finance Association meetings.
Financial Management Association meetings.
Conference organizer: The Impact of Corporate Social Responsibility, Wake Forest University, 2016.

CONSULTING

BB&T Executive Education (2016-present)
Wishart, Norris, Henninger & Pittman, P.A. – Expert Witness (2013)
Robinson & Lawing, LPP – Expert Witness (2022)
First Union (now Wachovia): Executive Training – Corporate Finance
Fred Alger Management, Inc. – Asset Allocation, Pricing, Return Distributions
J.P. Morgan – Asset Management.
Greensboro Economic Summit, host and facilitator, Feb. 2009, 2010, 2011.