Melinda Newman, Ph.D.

Melinda Newman, Ph.D.

Title: Associate Professor
Department: Department of Finance
Office: CBA 228
Phone: (330) 972-6108
Email: newmanm@uakron.edu


Education:

  • Ph.D., Eli Broad Graduate School of Management,
    Michigan State University, 2000
  • Eli Broad Graduate School of Management,
    Michigan State University, 1992-1993
  • B.S., Miami University of Ohio, 1989

Biography

Professional & Academic Experience:

Academic Experience

  • Associate Professor of Finance, University of Akron, 2006 - Present
  • Assistant Professor of Finance, University of Akron, 2000-2006
    • Undergraduate courses taught:
      • Advanced Business Finance (6400:379)
      • Financial Strategy (6400:485)
    • Graduate courses taught:
      • Managerial Finance (6400:602)
  • Building Bridges Program Director, University of Akron, 2000-2005
  • Graduate Assistant, Michigan State University, 1993-1998
    • Undergraduate courses taught:
      • Financial Management (FI 311)
      • Introduction to Investments (FI 312)
  • Administrative Coordinator, Michigan State University, 1994-1998
    • Undergraduate course:
      • Financial Management (FI 311; Mass-lecture format)

Professional Experience

  • Conferences and Seminars:
    • University of Akron Department of Finance Seminar Series, 2001-2002
    • University of Akron Department of Finance Seminar Series, 2000-2001
    • Kent State University Department of Finance Seminar Series, 2000-2001
  • Business Experience:
    • Executive Education/Management Development/Training Programs:
      Lecturer, FirstEnergy Business Management Seminar, 2005
    • Property/Casualty Underwriter,1989-1992
      Heritage Mutual Insurance Company, Cincinnati, Ohio
      Responsible for a $2.5 million premium territory and the analysis of the quality and potential profitability of both new risks and existing business.

Teaching Interests:

  • Managerial Finance
  • Financial Strategy

Research Interests:

  • Corporate Finance
  • Valuation
  • Capital Structure
  • Private Equity


Research Accomplishments

Refereed Journal Articles:

  • "Information Asymmetry Determinants of Sarbanes-Oxley Wealth Effects", with A. Akhigbe and A. Martin, Financial Management, accepted for publication in 2009.
  • “Risk Shifts following Sarbanes-Oxley: Influences of Disclosure and Governance”, with A. Akhigbe and A. Martin, The Financial Review, 43, 2008.
  • "Housing Choices and Mortgage Financing Options for Seniors", with K. Lahey and D. Kim, Journal of Real Estate Portfolio Management, 12(2), 2006.
  • "Market Expectations and Valuation Effects of Equity Issuance", with A. Akhigbe and A. Safieddine, Journal of Financial Research, 29(2), Summer, 2006.
  • "Industry Effects of Analyst Stock Revisions", with A. Akhigbe and J. Madura, Journal of Financial Research, 29(2), Summer, 2006.
  • "Full Retirement? An Examination of Factors that Influence the Decision to Return to Work" with K. Lahey and D. Kim, Financial Services Review, 15(1), 2006.
  • "Can I Retire? Benchmarks to Consider in Making the Retirement Decision", with K. Lahey and D. Kim, Journal of Financial Planning, 17(12), December, 2004.
  • "Exchange Rate Exposure and Valuation Effects of Cross-Border Acquisitions", with A. Akhigbe and A. Martin, The Journal of International Financial Markets, Institutions, and Money, 13(3), July, 2003.
  • "Household Income, Asset Allocation and the Retirement Decision", with K. Lahey and D. Kim, Financial Services Review, 12(3), 2003.
  • "Integrating Real-World Experience with the Classroom Experience: Two Different Approaches", with G. Hruby and D. Kahl, Advances in Financial Education, 1(1), 2003.

Working Papers:

  • “Determinants of the Wealth Effects of Sarbanes-Oxley: A Focus on Technology Firms”, with A. Akhigbe and A. Martin, final draft stage
  • “Sports Sentiment, Localized Trading, and Stock Returns”, with R. Aggarwal and A. Akhigbe, data analysis stage
  • “Acquisitions and Earnouts: The Influence of Acquirer Governance Characteristics”, with A. Akhigbe and Y. Kim, data collection stage
  • "The Effect of Exchange Traded Funds on Closed-End Country Funds: An Empirical Analysis", with A. Akhigbe and D. Kim, data analysis stage

Working Research Grants:

  • College of Business Administration, University of Akron, Summer 2001-2002
  • College of Business Administration, University of Akron, Fall, 2004

Awards:

  • Professional Development: Council of Deans’ Academic Leadership Forum, Institute of Teaching and Learning, University of Akron, 2007-2008
  • American College Outstanding Paper Award for "Housing Choices and Mortgage Options for Seniors", with K. Lahey and D. Kim. Academy of Financial Services meeting, October, 2005.
  • FMA (UA chapter) Finance Professor of the Year Award, 2004
  • Eli Broad Graduate School of Management Scholarship,
    Michigan State University; 1996, 1998-1999
  • Broad Fellowship, Michigan State University, 1992-1993