raymond f - farmer school of business · web viewjournal of investing, vol. 9, no. 3, 2000, with...

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Raymond F. Gorman 202 Roudebush Hall Miami University Oxford OH 45056 513-529-8003 (fax) 513-529-6644 (office) 513-523-4030 (home) [email protected] Employment History Full-time academic appointments Associate Provost and Associate Vice President for Academic Affairs, Miami University, Oxford, OH, 2010- Senior Associate Dean for Academic Affairs, Farmer School of Business, Miami University, Oxford, OH 2004- 2010 Associate Dean for Curriculum, Farmer School of Business, 1999- 2004 Associate Dean for Undergraduate Studies. Farmer School of Business, 1998- 1999 Director, Miami University Center for Sustainable Systems Studies, 1997-2000 Professor of Finance, Miami University 1995 - Associate Professor of Finance, Miami University 1990-1995 Assistant Professor of Finance, Miami University 1985-1990 Assistant Professor of Finance, University of Maryland, College Park, MD 1982-1985 Instructor of Business, Providence College, Providence RI, 1975-1978 Adjunct academic appointments Gorman 1

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Page 1: Raymond F - Farmer School of Business · Web viewJournal of Investing, Vol. 9, No. 3, 2000, with Greg Filbeck “Capital Structure and Asset Utilization: the Case of Resource Intensive

Raymond F. Gorman202 Roudebush Hall

Miami UniversityOxford OH 45056

513-529-8003 (fax) 513-529-6644 (office) 513-523-4030 (home)

[email protected]

Employment HistoryFull-time academic appointments

Associate Provost and Associate Vice President for Academic Affairs, Miami University, Oxford, OH, 2010-

Senior Associate Dean for Academic Affairs, Farmer School of Business, Miami University, Oxford, OH 2004- 2010

Associate Dean for Curriculum, Farmer School of Business, 1999- 2004

Associate Dean for Undergraduate Studies. Farmer School of Business, 1998- 1999

Director, Miami University Center for Sustainable Systems Studies, 1997-2000

Professor of Finance, Miami University 1995 -

Associate Professor of Finance, Miami University 1990-1995 Assistant Professor of Finance, Miami University 1985-1990

Assistant Professor of Finance, University of Maryland, College Park, MD 1982-1985

Instructor of Business, Providence College, Providence RI, 1975-1978

Adjunct academic appointments

Faculty Academy, Bainbridge Graduate Institute, Bainbridge Island, WA, 2003-

Industry experience

Board of Directors, ICValue, Inc., 2003-2009

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EducationD.B.A. Indiana University, Bloomington, Indiana AACSB/R. J. Reynolds Industries Doctoral Dissertation Fellow, 1982

Doctoral Dissertation: "Agency Costs and Utility Maximizing Managerial Behavior in a Capital Market Setting"

M.B.A. Duke University, Durham, North Carolina. Area of specialization: Finance, 1975

B.A. Brown University, Providence, Rhode Island. Major: Mathematical Economics, 1973

Fields Of Specialization

Corporate Finance, Environmental Finance, Public Utility Finance

Teaching and Academic AdvisingUndergraduate courses taught at Miami University

Business 150: First Year Honors Symposium on Business & Sustainability

Entrepreneurship 306: Entrepreneurial Finance

Finance 301: Introduction to Business Finance

Finance 302: Intermediate Finance

Finance 380/494: Sustainability Perspectives in Resources and Business

Finance 401/501: Principles of Investments and Security Markets

Finance 417/517: International Business Finance

Finance 477: Student Initiated Capstone

Finance 475: Strategic Issues in Finance

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Finance 485: Integrative Concepts in Finance

Graduate courses taught at Miami University

Finance 601: Graduate Survey in Finance

Finance 618: Financial Management

Finance 622: Financial Management II

Finance 625: Managerial Finance

Finance 632: Investment Management

Finance 655: Analysis of Business Finance and Investments

Finance 671: Corporate Financial Policy

Finance 681: Special Studies in Finance

At Bainbridge Graduate InstituteFinance, Accounting, and the Triple Bottom Line

At University of MarylandCase Problems in Finance, Doctoral Seminar in Corporate Finance

At Indiana UniversityIntermediate Microeconomics, Intermediate Macroeconomics

At Providence CollegeManagement Information Systems, Business Statistics I and II, Financial Accounting I and II, Principles of Management, Corporate Finance, Operations Research, Money and Capital Markets

Teaching AwardsNominated for Associated Student Government Award 1996Nominated for Effective Educator Award 1997, 2000MBA Teaching Excellence Award 1998

Publications, Presentations, etc.

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Books

“Sustainability Perspectives in Resources and Business with Orie Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds. , Delray Beach, FL: CRC/ Lewis Publishers, 1999Articles, notes, reports

"Collusion Among Many Agents," Journal of Economics and Business, Vol. 38, No. 1, February 1986, with Curt Odle "The Effect of Regulatory Risks on the Cost of Capital," Public Utilities Fortnightly, Vol. 117, No. 5, March 1986, with Philip Fanara

"Executive Compensation and Firm Size: An Agency Perspective," Studies in Economic Analysis, Vol. 10, No. 1, Spring 1986

"On Defining the Agency Cost of Debt," Studies in Economic Analysis, Vol. 10, No. 2, Fall 1986

"Capital Structure, Corporate Taxes, and the Clientele Effect," Journal of the Midwest Finance Association, Vol. 15, 1986, with Elizabeth Shields "An Analysis of Project Abandonment Decisions and the Market Value of the Firm: The Case of Nuclear Power Project Abandonment," Journal of Accounting and Public Policy, Vol. 6 No. 4 Winter 1987, with Chao Chen and Philip Fanara

Special Report: The Tax Reform Act of 1986 and its Effect on the Butler County Economy, Center for Public Management and Regional Affairs, September 1987

"A Comparison of Conventional and Rate Reduction Option Mortgages," Housing Finance Review, Vol. 8, No. 3, Summer 1989, with James Kehr and David Marshall

"MEC and MCC: Another Look," Journal of Financial and Strategic Decisions, Vol. 3, No. 3. Fall 1990

"The States' Regulatory Climate and the Distortion in Public Utility Underwriting Costs," Mid-American Journal of Business Volume 6, No. 1. Spring 1991, with Gautam Vora "Fairness as a Constraint on Profit Seeking: Comment," American Economic Review, Vol. 82, No. 1 March 1992, with James Kehr

"The Effect of Deregulation on the Capital Structure of Airlines," Journal of Financial and Strategic Decisions, Volume 5 No. 2, Summer 1992 "Principles of Information-Base Development for Business-Science Decisions," Environmental Technology and Sustainability in Business, W. H. Renwick, ed. May 1993, with Orie Loucks

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"An Examination of Regulatory Regime and Public Utility Underwriting Costs from an Agency Perspective," Journal of Business Research, Vol. 28, No. 3 November 1993, with Gautam Vora

"Public Utility Underwriting Costs and Regulatory Climate: An Examination of PUC and SEC Overlapping Jurisdictions," Yale Journal on Regulation, Vol. 10, No. 1 Winter 1993, with Martin Grace and Gautam Vora

"Stock Price Reaction to Trademark Related Lawsuits," The Trademark Reporter, Vol. 85, March/April 1995, with Daniel Herron and Greg Filbeck

"Environmental Accounting and Reporting as an Essential Linkage Between Business and Science," Refereed Proceedings, Interdisciplinary Conference on the Environment, June 1995, with Orie Loucks

“MUSP Case Workshop,” Sustainability Perspectives, Special edition issue, Spring 1996

"Behavioral Aspects of the Intra-Industry Capital Structure Decision." Journal of Financial and Strategic Decisions, Summer 1996, with Greg Filbeck and Dianna Preece

“Sustainability Perspectives in Resources and Business: An Interdisciplinary Course for Business and Science Majors,” 1996 Proceedings Decision Science Institute. Winner of Instructional Innovation Award. A summary of this article was published in Decision Line, March 1997, Vol. 28, No. 2

“Fortune’s Most Admired Firms: An Investor’s Perspective,” Studies in Economics and Finance, Vol. 18, No. 1, Fall 1997, with Greg Filbeck and Dianna Preece

“Quality Management and Sustainability,” Quality Management Journal, Volume 4, Issue 4, 1997, with Tim Krehbiel

“Center for Sustainable Systems Studies,” Science, Technology & Society, No. 114, Winter 1997, with Tim Krehbiel, Homer Erekson, and Orie Loucks

“Stock Price Reaction to Equity Issues of Utilities: the Influence of Regulatory Climate,” Managerial and Decision Economics, Volume 18, 1997, with Greg Filbeck and Gautam Vora

“Dialogue: Reply to Professor Johnson,” Quality Management Journal, Volume 5, Issue 3, 1998, with Tim Krehbiel

“Advancing Ecology and Economics through a Business-Science Synthesis,” Ecological Economics, Vol. 28, 1999, with Tim Krehbiel, Homer Erekson, Orie Loucks, and Pam Johnson

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“Employee Stock Ownership Plans: The Role of Employee Perceptions as Motivation,” Journal of Small Business Strategy, Vol. 10, No. 2. Winter 1999, with Greg Filbeck and Sandra Fink

“Built to Last, Built for Value?" Journal of Investing, Vol. 9, No. 3, 2000, with Greg Filbeck

“Capital Structure and Asset Utilization: the Case of Resource Intensive Industries,” 2000 Resources Policy, Vol. 26, with Greg Filbeck

“The Relationship Between Productivity And Leverage,” B>QUEST, 2001, http://www.westga.edu/~bquest/2001/research1.htm, with Greg Filbeck

“The Relationship Between The Environmental And Financial Performance Of Public Utilities,” Environmental and Resource Economics, Vol. 29, no. 2, 2004, with Greg Filbeck

“Regional Ecosystem Services and the Rating of Investment Opportunities,” Frontiers in Ecology and the Environment, Vol. 2, no. 4, May 2004, with Orie Loucks

“Stock Price Reaction to Environmental-Related Company News,” The Journal of Business and Public Affairs, Vol. 31, No. 1, Fall 2004, with Greg Filbeck

“The Stock Price Reaction to Supply Chain Management Advertisements and Company Value,” Journal of Business Logistics, Vol. 26, No. 1, 2005 with Greg Filbeck, Tim Greenlee, and Tom Speh

“Be Brave in This New World: Maximizing the ‘Use Value’ of the Higher Learning Commission Program to Evaluate and Advance Educational Quality,” A Collection of Papers on Self-Study and Institutional Improvement, 2005, Volume 4: Commission Processes for Maintaining Affiliation, with Paul Anderson

“Innovations in Environmental Performance: The Importance of Financial Performance and Management Quality,” International Journal of Business Innovation and Research, Vol. 2, No. 4, 2008, with Homer Erekson and Linsey Molloy 

“The ‘Best Corporate Citizens:’ Are They Good for their Shareholders?” The Financial Review, Vol. 44, No. 2, 2009, with Greg Filbeck and Xin Zhao

“Identifying the Best Companies for Leaders: Does it Lead to Higher Returns?” Managerial and Decision Economics, Vol. 33, April, 2010, with Greg Filbeck and Xin Zhao

“Good to Great: What’s so Good about being Great?’ Financial Decisions, Winter 2010, with Greg Filbeck and Xin Zhao

"Good to Great: Lessons for Managers," Management Research Review, forthcoming, with Greg Filbeck Diane Parent, and Xin Zhao.

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“Sox and the Regulated Firm,” Journal of Accounting and Public Policy, forthcoming, with Greg Filbeck and Xin Zhao.

Chapters In Books:

"Valuation and Reporting," in “Sustainability Perspectives in Resources and Business “Sustainability Perspectives in Resources and Business with Orie Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds., Delray Beach, FL: CRC/ Lewis Publishers, 1999

"Decision-making and the Environment: Integrating Scope and Values," with Homer Erekson, Orie Loucks, Jan Willem Bol, Norman Grant, Tim Krehbiel, Allison Leavitt, and Nigel Strafford, in “Sustainability Perspectives in Resources and Business with Orie Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds., Delray Beach, FL: CRC/ Lewis Publishers, 1999

“Integrating business and Environmental education,” Teaching Business Sustainability, Chris Galea, ed., Greenleaf Publishing, Ltd, with Steven Elliott, Homer Erekson, Greg Hume, Orie Loucks and Tim Krehbiel, 2004

“Approaching Sustainability Through a Business-Science Synthesis,” Teaching Business Sustainability, Chris Galea, ed., Greenleaf Publishing, Ltd., with Steven Elliott, Orie Loucks, Homer Erekson Allan Springer, and Tim Krehbiel, 2004

Cases

"Ashland Chemical: Achieving Sustainability through the use of Responsible Management Systems--Internal Environmental, Health, and Safety Auditing," in “Sustainability Perspectives in Resources and Business with Orie Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds., Delray Beach, FL: CRC/ Lewis Publishers, 1999

"Electricity Load Management and Stakeholders: Cincinnati Gas & Electric Company," with H. Gregory Hume, Alison Ohl, and Orie Loucks, in “Sustainability Perspectives in Resources and Business with Orie Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds., Delray Beach, FL: CRC/ Lewis Publishers, 1999

"General Electric Aircraft Engines: Pollution Control Investment Analysis," with H. Gregory Hume, in “Sustainability Perspectives in Resources and Business with Orie Gorman 7

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Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds., Delray Beach, FL: CRC/ Lewis Publishers, 1999

"Maxxam Group Inc.'s Takeover of the Pacific Lumber Company," with Orie Loucks, Tim Krehbiel, and Nigel Strafford. in “Sustainability Perspectives in Resources and Business with Orie Loucks Homer Erekson Jan Willem Bol, Pam Johnson and Tim Krehbiel eds. , Delray Beach, FL: CRC/ Lewis Publishers, 1999

Editorials in Mid-American Journal of Business

"The Middle Way," Spring 1992

"RGORMAN@MIAMIU," Fall 1992

"Quality," Fall 1993

"New Editor Named," Spring 1994

"MAJB and MUSP," Fall 1994

Other Publications

Answers to End-of-Chapter Questions and Test Bank to accompany Fundamentals of Financial Institutions Management by M. Cornett and A. Saunders, Irwin McGraw-Hill, 1999

Environmental Value Creation through Investment Assessing Applications in the Great Lakes Basis: A Report on Two Workshops, Center for Sustainable Systems Studies, Oxford OH, June 2002

Presentations

"Financial Intermediation and Economic Growth," American Economic Association. Atlanta, GA. December 1979, with John Finkelstein

"Imperfect Information, Moral Hazard, and Optimal Capital Structure," Western Finance Association. Portland, OR. June 1982, with Anjan Thakor

"Agency Costs, Options, and Optimal Capital Structure," Financial Management Association. San Francisco, CA. October, 1982, with Anjan Thakor

"Monitoring Technologies, Agency Theory, and Optimal Capital Structure," Financial Management Association. Atlanta, GA. October 1983

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"Moral Hazard, Agent Collusion, and Wealth Transfers," Eastern Finance Association. Lake Buena Vista, FL. April 1984. with Curt Odle. Abstract published-- The Financial Review, Proceedings, Vol. 19, No. 3, 1984 (reviewed)

"The Determinants of Capital Structure of Regulated Utilities: An Empirical Analysis," Financial Management Association. Toronto ON. October 1984, with Philip Fanara

"A Factor Analytic Definition of Capital Structure," Financial Management Association. Toronto, ON. October 1984, with Gautam Vora

"Executive Compensation and Firm Size: An Agency Perspective," Eastern Finance Association. Williamsburg, VA. April 1985. Abstract published - The Financial Review, Proceedings, Vol. 20. No. 3, 1985, (reviewed)

"The Use of Asset Backed Financing," Financial Management Association. Denver, CO. October 1985, with Andrew Stark and Gregory Udell.

"Capital Structure, Corporate Taxes, and the Clientele Effect," Midwest Finance Association. Chicago, IL. March 1986, with Elizabeth Shields

"An Analysis of Project Abandonment Decisions and the Market Value of the Firm: The Case of Nuclear Power Project Abandonment," Midwest Finance Association. St Louis, MO. March 1987, with Chao Chen and Philip Fanara

"Stock Price Reaction to Trademark-Related Lawsuits," Midwest Finance Association. St Louis, MO. March 1987, with Hee-Kyung Bark

"Asset Securitization, Capital Adequacy Constraints and the Theory of the Banking Firm," Eastern Finance Association. Baltimore, MD. April 1987. Abstract published -- The Financial Review, Proceedings, Vol. 22, No. 3, August 1987 (reviewed)

"Public Utility Underwriting Costs and Regulatory Climate," Financial Management Association. Las Vegas, NV. October 1987, with Gautam Vora

"Asset Securitization, Capital Adequacy Constraints and Reserve Requirements," Midwest Finance Association. Chicago IL March 1988.

"An Analysis of ROL and RIM," Academy of Financial Services. New Orleans, LA. October 1988. with James Kehr and David Marshall (National) Abstract: Published -- Academy of Financial Services, Proceedings, 1988, with James Kehr and David Marshall (reviewed)

"Stock Splits, Tax Clienteles, and Marketability," Midwest Finance Association, Chicago, IL. March 1990

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"Fairness as an Explanation for Credit Rationing," Academy of Financial Services, Orlando, FL. October, 1990, with James Kehr

"Self Deception and Financial Decision Making," Southern Finance Association, Key West FL. November 1991, with Greg Filbeck and Dianna Preece

"Behavioral Aspects of the Intra-Industry Capital Structure Decision," Financial Management Association, San Francisco, CA. October 1992, with Greg Filbeck and Dianna Preece

"Prospect Theory and Incentive Implications of ESOPs on Employee Attitudes Toward Firm Valuation," Southern Finance Association, Jacksonville, FL. November 1992, with Greg Filbeck

"Fortune's Most Admired Firms: An Investors Perspective," Southern Finance Association, Jacksonville, FL. November 1992, with Greg Filbeck and Dianna Preece

"Sustainability as the Means to Interdisciplinary Education," Lilly Conference on College Teaching, Oxford, OH, November 1993, with David Ferguson, Stanley Kane, Orie Loucks, and Homer Erekson

"Environmental Accounting and Reporting as an Essential Linkage Between Business and Science," Refereed Proceedings, Interdisciplinary Conference on the Environment, Boston, MA, June 1995, with Orie Loucks

"Environmental Aspects of Corporate Finance," Financial Management Association, New York, NY, October 1995

"Environmental Accounting and Capital Budgeting," IAMS, Cincinnati, OH, December 1995

“MUSP Case Workshop,” Creating a Curriculum that Integrates Business and Environmental Education, MUSP Conference, Oxford, OH, 1996

“Sustainability Perspectives in Resources and Business: An Interdisciplinary Course for Business and Science Majors,” Decision Science Institute Orlando, FL November 1996. Winner of Instructional Innovation Award, with Timothy Krehbiel

“Workshop for Academics in Finance and Environmental Regulators,” focus group participant, World Resources Institute, Washington, DC, July 1997

"Built to Last, Built for Value?" Southern Finance Association, San Marco Island FL, November, 1998, with Greg Filbeck

“Workshop for Academics in Finance and Accounting,” presenter, sponsored by WRI and University of South Carolina, May 1999

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“Innovations in Undergraduate Environmental Management Education,” BELL Conference, Ann Arbor, July 1999, with Homer Erekson

“Environmental Management and Financial Performance,” EPA Workshop, University of California at Irvine, October 1999.

“Innovations in Undergraduate Programs,” BELL Conference, Nashville, July 2000

“Capital Structure and Asset Utilization: the case of resource intensive industries,” Southern Finance Association meetings, Florida, November 2000, with Greg Filbeck

“The Relationship Between Productivity And Leverage.” Southern Finance Association meetings, Florida, November 2000, with Greg Filbeck

“Capital Markets and Environmental Performance: A Research Agenda Revisited,” EPA Workshop, University of California at Irvine, February 2001

“Bringing the Environmental Perspective into Undergraduate Business Education,” National Undergraduate Business Symposium, University of Minnesota, April, 2001

"Lessons Learned and Next Steps" Panel Discussion at the Conference on Advances in Team Learning, Boston University, June 2001

“Teams in the SBA,” CELT seminar, Miami University, October 2001

“Estimating ‘Contributions to Great Lake Ecosystem Function and Services through Corporate Environmental Fundamentals’,” Workshop on Great Lake Ecosystem Function and Services, Chicago, October 2001

“Supply Chain Management And Company Value,” Southern Finance Association meetings, Florida, November 2001, with Greg Filbeck, Timothy Greenlee, and Thomas Speh

“The Relationship Between The Environmental And Financial Performance Of Public Utilities: The Role Of Regulatory Climate,” Southern Finance Association meetings, Florida, November 2001, with Greg Filbeck

“Environmental Finance in the Curriculum,” BELL Faculty Workshop, Cleveland, April 2002

“Exploring the relationship between Environmental and Financial Performance: A Shareholder Perspective,” EPA Workshop, Laguna Beach, October 2002

“Review of Research in Environmental Finance,” China BELL Faculty Workshop, Shanghai, October 2003

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“Maximizing the Institutional Value of an HLC Self-Study: Making the most of PEAQ and the New Criteria,” Annual meeting of the North Central Association Higher Learning Commission, Chicago, April, 2005, with Paul Anderson

“The Future-Focused Self-Study: Making It Truly Evaluative and Evidence Based,” Annual meeting of the North Central Association Higher Learning Commission, Chicago, April, 2006, with Paul Anderson

“Issues in Environmental Finance,” National Chung Cheng University, Chia-Yi, Taiwan, November, 2006

“The ‘Best Corporate Citizens:’ Are they good for their shareholders?” Southern Finance Association meetings, Deston, FL, November 2006, with Greg Filbeck

“Miami University: the Engaged University,” Chinese-Foreign University Presidents Forum, Shanxi Normal University, Linfen, Shanxi Province, China, September, 2008

“The ‘Best Corporate Citizens:’ Are they good for their shareholders?” Financial Management Association meetings, Grapevine, TX, October 2008, with Greg Filbeck and Xin Zhao

“Sustainability in the B-School Curriculum” AACSB International Annual meeting, Orlando, FL, April 2009

“Sox and the Regulated Firm,” Southern Finance Association meetings, Captiva Island, FL, November, 2009 with Greg Filbeck and Xin Zhao.

"Are the Best of the Best Better than the Rest? A Meta Study of Superlatives," Southern Finance Association meetings in Asheville, NC, November, 2010 with Greg Filbeck and Xin Zhao.

Research Grants

School of Business Administration Summer Research Grant to fund "The Effect of Regulatory Climate on Public Utility Underwriting Costs" 1987

Miami University Summer Research Grant to fund "Stock Splits, Tax Clienteles, and Marketability" 1988

School of Business Administration Summer Research Grant to fund "The Effect of Deregulation on the Capital Structures of Airlines" 1989

Armco Summer Research Grant to fund "Fairness as an Explanation for Credit Rationing" 1990

Miami University Summer Research Grant to Fund, "Public Utility Issues, Regulatory Climate, and Free Cash Flow" 1992

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Miami University Summer Research Grant to Fund, "Productivity and Leverage, Relationship and Causality" 1993

Other Grants

Miami University Sustainability Project:

Liberal Education Council Grant for the development of interdisciplinary capstone course on resource sustainability 1990

Liberal Education Council Grant for the development of interdisciplinary capstone course on resource sustainability 1991

University Summer Scholars Program:

Grant to work with University Summer Scholar Lisa Katterhenry on "Stock Price Reaction to Environmental Initiatives" 1995

Grant to work with University Summer Scholar Cassie Karas on the project “ The Effect of Capital Structure on Resource Utilization" 1997

Grant to work with University Summer Scholar Anita Joarder on the project “ Environmental rankings of S&P 500" 2000

External Grants And Support

Cleveland Foundation Grant--"Moving Environmental Technology into Business Education and Management in Ohio" 1992-1995, $265,332

Great Lakes Protection Fund: grant to fund two workshops on “Using Corporate Environmental Performance Measures and the Capital Markets to Benefit Great Lakes Ecosystem Functions” 2001, $45,000

Service to the ProfessionMid - American Journal of Business 1990-2005.

Associate Editor: 1990-1991

Editor-in-Chief: 1991-1994

Board of Advisors: 1997-2005

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Business Environment Learning Leadership (BELL) Program, Finance and the Environment, 2 nd ed ., 1996. Editorial Review Board

Discussant

Southern Finance Association. November 1983

Midwest Finance Association. March 1989, 1995

Financial Management Association. October 1990, 1994

EPA Environment and Capital Markets workshop, April 2006

Interdisciplinary Conference on the Environment, June 2006

Session Chair

Midwest Finance Association. Chicago, IL. March 1988

Financial Management Association. Chicago, IL. October 1991, 1993

Program Committee

Midwest Finance Association, 1987

Financial Management Association, 1990

Conference Organizer

Environmental Technology and Sustainability in Business 1993

Environmental Technology and Sustainability in Business 1996

The Boundaryless Organization, 2003

Ad-hoc Reviewer - Journals

Environmental and Resource Economics, 2008

Financial Management 1986-1987, 1991

Financial Practice and Education 1998

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Financial Review 1998

Journal of Economics and Business 1983-1986

Journal of Environmental Management, 2008-2009

Journal of the Midwest Finance Association 1986-1988

Land Economics 1989

Managerial Finance 1993

Mid-American Journal of Business 1990, 1998

Quarterly Journal of Business and Economics 1991-1992, 1997

Southern Economics Journal, 2008

Other Professional Activities

Outside reviewer for promotion and tenure: University of Toledo, University of Virginia, Indiana University, Texas Christian University

Service to the university

University Committees

Reviewer/Evaluator BESS subcommittee for summer research grants1989, chair 1994-1998

Committee on Undergraduate Courses and Curriculum of University Senate1990-93

Departmental Liaison to the Committee on the Improvement of Instruction 1993 -

Faculty Conference1994-1997 , Chair, 1996-1997

Faculty Research Committee, of BESS subcommittee for summer research Library Committee, 1997-1998

SBA Dean’s Search Committee, 2001-2002

University Accreditation Committee 2002-2005Gorman 15

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Student Activities Council 2002-2004

Harassment/Discrimination Review Committee 2003-

Assistant to the President for Diversity Search Committee 2004-2005

University Senate 2005-2006

First in 2009 Subcommittee on Departmental Governance, 2005-2006.

China Center Committee, 2006-

Undergraduate Forum Planning Committee 2005-

Presidential Task Force on Environmental Sustainability 2007-2008

Sustainability Committee 2009-

Director of Institute for Sustainability and the Environment Search Committee 2010-

School of Business Committees

Computer Studies Committee 1985-1987

Research Advisory Committee1987-1989 (1990- Ex Officio member)

Course Coordinators Committee1988-1989

Department of Finance Chair Search Committee Chair-1988-1989, 1995-1996; 2005-2006

Library Committee1989-1991

MBA Core Revision Steering Committee 1990-1991

MBA Admissions Committee 1991- 1992

Graduate Studies Committee 1992-1996

MBA Revision Committees 1994- 1996, 2003-2004

Undergraduate Studies Committee 1996- 1998, Chair, 1997- 1998

Cintas Professor Search Committee 2001-2003

Farmer School Executive Committee1998-

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Petters Chair Search Committee, Chair 2006-2007

Dean’s Liaison to numerous divisional committees, 1998-

Divisional Promotion and Tenure Committee, 2010-

Finance Departmental Committee

Chair-Computer Studies Committee1985-1987

Chair-Finance Department workshop 1985-1986

Research Committee1985-1987, 1988-1993

Course coordinator FIN 401/5011987

Chair-Research Advisory Committee 1987-1989

FIN 301 course coordinator 1987-1991

Graduate Studies Committee1986-1996, Chair 1992-1996

Assistant Professor Search Committee 1989-1991, 1998-200 2003, Chair, 1989-1990 Departmental Grievance Committee1991

Ad hoc committee to determine standards for ARA and FIL 1991 Instructor Search Committee 1992

Department Assessment Committee1992-1993

Capstone Course Development Committee1993-

Chair Undergraduate Studies Committee1996-1998

Anderson Chair Search Committee, 2004-2005

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