B.S. in Economics and Business, Mankato State College, Minnesota
Biography
Professional & Academic Experience:
Academic Experience
The University of Akron, College of Business Administration, 1986 - Present
State University of New York, College of Fredonia, 1985-1986
University of the West Indies (Jamaica), 1982-1985
State University of New York, College at Cortland, 1978-1982
Teaching Interests:
International Business Finance
International Banking
International Financial Markets and Investments
Techniques of Financial analysis
Multinational Corporate Finance
Research Interests:
Emerging Equity markets performance
Research Accomplishments
Recent Publications:
"The Pharmaceutical Industry of Puerto Rico: Ramifications of Global Competition." Journal of Policy Modeling, (2011).
“Estimating the impact of Financial liberalization on equity returns in South East Asian markets” (with Doseong Kim). Multinational Business Review, Vol.16, 1, Winter 2008, 101-118.
“Estimating Efficiency in the Foreign Operations of the USA Legal services Industry”, International Business and Economics Research Journal, vol. 3, April 2004, 49-59.
“Stock Returns and Fundamental Variables in Emerging Equity Markets: Further Evidence”, Journal of Investing, Vol. 13, #1, Spring 2004, 45-56.
“Estimating the Impact of Risks on Emerging Market Performance: Further evidence on data from rating agencies”, Multinational Business Review, vol 11, Winter 2003, 77-90.
“Evaluating the Impact of Credit Risk on Emerging Market Stock Returns”, American Business Review, Volume XXI, June 2003, pp 81-87, (with Il Woon Kim).
“Firm Size and Executive Compensation,” Multinational Business Review, Vol. 10, Fall 2002, pp. 138-146.
“An Empirical Analysis of the P/E Ratio in Emerging Equity Markets,” Emerging Markets Review, Vol. 3, June 2002, pp. 165-178.
“Oil Production Reponses to Price Changes: An Empirical Application of the Competitive Model to OPEC and non-OPEC Countries,” Energy Economics, Vol. 24, 2002, pp. 97-106.
“OPEC’s production under fluctuating oil prices: further test of the target revenue theory” Energy Economics, vol. 23, 2001, pp. 667-681
“An Empirical Model of Dividend Policy in Emerging Equity Markets” Emerging Markets Quarterly, vol. 5, no.1, Spring 2001, pp. 39-49
“Estimating Productivity and Returns to Scale in the US Textile Industry” Empirical Economics, vol. 26, 2001, pp. 515-524
“The Determinants of Demand for Automobile Loans: An Empirical Analysis” Southern Business and Economic Journal, vol. 24, #1, Winter 2001, pp. 25-39
“Less Developed Countries Borrowing from the International Capital Markets: An Analysis of Country Risk” Global Business and Finance Review, vol. 4, #1, Spring 2001, pp. 23-36
“Productivity, Returns to Scale and the Elasticity of Factor Substitution in the U.S.A. Apparel Industry,” International Journal of Production Economics, Volume 73, #3,2001 pp.285-291
“The Impact of Bank Merger on Foreign Exchange Trading Income: A Study of Large US Banks” American Business Review, vol. XIX, #2, Spring 2001, pp. 13-19
“Inter-Firm Linkages and Profitability in the Automobile Industry: The Implications for Supply Chain Management” Journal of Supply Chain Management, vol. 37, #1, 2001, pp.11-18.
“Foreign Direct Investments in Central and Eastern Europe: An Analysis of Regulatory and Country Risk Factors” American Business Review, Vol. 18, #2, June 2000, 1-9
“The sensitivity of Foreign Exchange Trading Income to Exchange Rate Changes: A Study of Large U.S. Banks” Multinational Business Review, Vol. 8, Spring 2000, 39-50
“The Need for International Accounting Harmonization: An Examination and Comparison of the Practices of Russian Banks,” American Business Review, (Vol. XVII, Jan. 2000), 1-9
“Foreign Direct Investment and Country Risk: Further Empirical Evidence”, Global Economic Review, 1999, Vol. 28, #3, 49-60
“The Determinants of Secondary Market Prices for Developing Country Loans: The Impact of Country Risk,” Global Finance Journal, Vol. X, #2, 1999, 173-186
“U.S. Foreign Direct Investment Abroad: The Cheap Labor Motive Examined”, Global Business and Finance Review, Vol. 4, #2, Fall 1999, 65-71
“Trade Liberalization in Services: An Analysis of the Obstacles and the Opportunities for Trade Expansion by U.S. Law Firms,” Multinational Business Review. Vol. VII, #1 Spring 1999, 27-37
“International Bank Lending to Developing Countries: An Empirical Analysis of Country Risk,” Multinational Business Review. Vol. VII, #1 Spring 1999, 83-92
“Obstacles and Opportunities in International Trade in Accounting Services in an Era of Globalization,” American Business Review, Jan. 1999, 94-103
Research seminars/presentations:
Market structure, Liquidity and the performance of Emerging Equity Market, Southwest Finance Association Meeting, March 9-12, 2011, Houston, Texas.
Estimating the production Efficiency of US Foreign Direct Investment, Eastern Finance Association Meeting, April 13-16, 2011, Savannah, Georgia.
Awards:
Best paper award “Estimating Efficiency in the Foreign Operations of the USA Legal services Industry”, International Business and Economics Research Conference, Las Vegas, Nevada October, 2003.
Selected for Who’s Who in Business Higher Education, July 2003.
Nominated for Outstanding Researcher Award, 2004 (The University Of Akron)
Invited to participate at the Oxford Round Table Conference, Oxford University, Aug. 2004
Finance Advisory Board Faculty Research Excellence Award, 1996-1997 academic year
Finance Advisory Board Faculty Research Excellence Award, 1994-1995 academic year