Melinda Newman, Ph.D.

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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

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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