Education
- M.S., Ph.D., Carnegie Mellon University
- B.S., Brigham Young University
- B.A., Brigham Young University
Personal Interests
Soccer, tennis, skiing, reading, backpacking, fly-fishing, etc. I grew up in Southeast Idaho, a few hours away from Jackson Hole Wyoming, so I'm excited about living in the beautiful northwest—with magnificent forests and picturesque mountains close by, but without the cold weather!
Research Interests
Corporate Finance, Investments, Asset Pricing, IPOs, M&As, Lending Relationships, Business Ethics
Honors and Awards
Atkinson Graduate School of Management, Dean's Research Award 2013–2014, 2009-2010
Atkinson Graduate School of Management, Outstanding Faculty Research Award, 2012
Marriott School Research Grant 2004-2007
Finance Society’s Best Undergraduate Teaching Award (BYU) 2005-2006
Carnegie Bosch Institute International Management Fellowship 2002-2003
Humane Studies Fellowship 2001-2002
William Larimer Mellon Fellowship 1998-2001
Research Scholarship Award (BYU) 1996-1997
Selected Professional Activities
Ad hoc referee for:
- Journal of Finance
- Journal of Financial and Quantitative Analysis
- Journal of Comparative Policy Analysis
- Emerging Markets Finance and Trade
- Review of Finance
- Journal of Banking & Finance
Selected Publications
Published Research:
"Financing Development Stage Biotechnology Companies: RMs vs. IPOs" with Mark Ahn and Wei Wu, Journal of Health Care Finance, Fall 2011, vol. 38(1), 32-54.
"Private Investment and Public Equity Returns" with Wei Wu, Journal of Economics and Business, March-April 2012, vol. 64(2), 160-184.
"The Desire to Acquire and IPO Long-Run Underperformance" with James Brau and Ninon Sutton, Journal of Financial and Quantitative Analysis, June 2012, vol. 47(3), 493-510.
"Interest Tax Shields: A Barrier Options Approach" with Wei Wu and Michael Dothan, Review of Quantitative Finance and Accounting, July 2012, vol. 39(1), 123-146.
"Economy Suspended: The Possibilities of a Badiouian Business Ethics" with Joseph Spencer, Business Ethics: A European Review, October 2013, vol. 22(4), 404-416.
"Education Reform and Cross-Sector Financing: A Practice Based Approach" with Sam Brunson and Grant Matthews, in Creating Public Value in Practice: Advancing the Common Good in a Multi-Sector, Shared-Power, No-One Wholly-in-Charge World, eds. John Bryson, Barbara Crosby, Laura Bloomberg, February 2015 (CRC Press / Taylor & Francis Group), ch. 7, 129-144.
"Reverse Stock Splits in the Biotech Industry: An Effectuation Approach" with Mark Ahn, Yulianto Suharto, and Wei Wu, Journal of Commercial Biotechnology, January 2015, vol. 21(1), 3-18.
"The Virtue of Employee Governance: A MacIntyrean Alternative to Shareholder Maximization" with Caleb Bernacchio, Business Ethics: A European Review, August 2015, vol. 24(S2), 130-143.
"The Fair Value Option for Liabilities and Stock Returns During the Financial Crisis" with Wei Wu, The Quarterly Review of Economics and Finance (forthcoming).
"The Fair Value Option for Liabilities During the Financial Crisis: An Option for Lemons?" with Wei Wu and Nicole Thibodeau, Journal of Accounting, Auditing, and Finance (forthcoming).
"A Payback Approach to Generational Inequity," Public Budgeting & Finance (forthcoming).
Papers Under Review:
"Are Fair Value Options Created Equal? A Study of SFAS 159 and Earnings Volatility," under review at Journal of Banking and Finance.
Selected Presentations
"The Fair Value Option for Liabilities During the Financial Crisis: An Option for Lemons?" presented at the Journal of Accounting, Auditing, and Finance conference in Mumbai, India, "Research Challenges in Accounting and Finance in a Globalized Economy: Fair Value Measurements, Valuation Models, and Management Practices" (January 2015).
"The Virtue of Employee Governance: A MacIntyrean Alternative to Shareholder Maximization" presented at the Crafts, Traditions, Ideologies: Relations Between Theory and Practice in the Thought of Alasdair MacIntyre conference hosted by The International Society for MacIntyrean Enquiry, Grand Valley State University (July 2013).
"Education Reform and Cross-Sector Financing: A Practice Based Approach" with Sam Brunson and Grant Matthews, presented at the Creating Public Value in a Multi-Sector, Shared-Power World conference hosted by the Center for Integrative Leadership, University of Minnesota (September 2012).
"The Promise and Peril of Corporate Mission Statements: A MacIntyrean-Agambenian Approach," presented at the MacIntyre as Critic and Educator conference sponsored by The International Society for MacIyntyrean Enquiry, Providence College (July 2011).
"Suspending the Economy: On Badiou’s Lack of a Theory of Political Economy" with Joseph Spencer, presented at Badiou, Business, Ethics Conference, University of Leicester (May 2011).
"The Desire to Acquire and IPO Long-Run Underperformance," Financial Management Association (October 2010), Korea Advanced Institute of Science and Technology, Sungkyunkwan University, International University of Japan, Hong Kong Polytechnic University (2009), Brigham Young University, (2008).
"Private Investment and Public Equity Returns," University of Utah (March 2007), Brigham Young University (March 2007), Carnegie Mellon University (September 2007).