Professional Experience
1978 -
Present - Professor of Economics and Finance, A. B. Freeman School of Business,
Tulane University
1981 - 1983 - Associate Dean for the Faculty, School of Business, Tulane University
1973 - 1978 - Associate Professor of Economics & Finance, School of Business, Tulane University
>1970 - 1973 - Assistant Professor of Economics & Finance, School of Business, Tulane University.
Education
University of Washington - Ph.D. - 1970
Tulane University - MBA - 1967
Princeton University - A.B. - 1965
Publications
Books:
Finance, Pitman Publishers, London, 1990.
The Basic Theory of Corporate Finance, Prentice-Hall, Englewood Cliffs, NJ, 1977. (With H. W long.)
Articles:
"Conglomerate Merger. Wealth Redistribution and Debt: A Note" Journal of Finance, Vol.39 (March 1984) ~. 275-281. With Chun lam.)
"Compensating Balances, Deficiency Fees, and Lines of Credit" Journal of Banking and Finance, Vol.7 (1983) pp.307-322. (With Chun Lam.)
"Compensating Balance, Rationality and Optimality," Journal of Banking and Finance, Vol.5. No. 4(1981) pp.451-466. (with Chun Lam.)
'The Weighted Average Cost of Capital as a Cutoff Rate: A Further Analysis," Financial Management, Summer 1979. (With H. W. Long.)
"The Compensation Implicit in Employee Stock Options," Journal of Accounting Research, Vol.14, No. it Spring 1976. (With S.A. Zeff.)
"Divestiture and Stock Price," Journal of Financial and Quantitative Analysis, Vol. X, No.4, November 1975.
"Competitive Rates, Market Efficiency, and the Economics of Analysis," The Financial Analysts Journal, Vol.31, No.2, March/April Security 1975.
"The Profitability of Managerial Enterprise: Comment," Western Economic Journal (Economic Inquiry), Vol. XIII, No. 1, March 1975.
Professional Activities
Editorships
Journal of Financial Research, Associate Editor; Review of Business and Economic Research, Associate Editor.
Referee
Journal of Financial and Quantitative Analysis; Journal of Finance; Financial Management; Economic Inquiry; The Accounting Review; Journal of Marketing Research; Southern Economic Journal; Journal of Financial Research.; Journal of Financial Economics
Memberships:
American Economic Association; American Finance Association; Western Finance Association; Western Economic Association; Southern Finance Association; Southern Economic Association; Financial Management Association; Financial Analysts Federation; Beta Gamma Sigma (University of Washington). >