Education:

• Ph.D. - Virginia Tech, Major: Business Administration, Finance, Minors: Accounting and Management Science, 1982
• Master of Accountancy - Virginia Tech, 1980
• MBA - Virginia Tech, 1977
• BS - James Madison University, Major: Business Administration, Minors: Journalism and Political Science

Research Interests:

• Corporate Governance
• Mergers and Acquisitions
• International Finance

Teaching Interests:

• Corporate Finance
• Financial Management
• Analysis of Financial Information
• Capital Investment and Financing Decisions
• Financial Theory
• Financial Institutions
• Financial Management
• Corporate Financial Analysis

Honors and Activities:

• Who’s Who among Students in American Universities and Colleges, James Madison University, 1974-75.
• Pi Gamma Mu.  National Social Sciences Honorary Society, James Madison University, 1975.
• James Madison Leadership Society, Honors Society, James Madison University, 1975.
• Beta Alpha Psi, National Accounting Honorary Society, Virginia Tech, 1978.
• Doctoral Student Teaching Excellence Award, Virginia Tech, 1980-81.
• Financial Management Association Doctoral Student Seminar Participant, 1980.
• Beta Gamma Sigma, National Business Honorary Society, Virginia Tech, 1981.
• Certificate in Management Accounting, 1984 
Financial Management Association, National Honor Society, University of Delaware, 1987.
• Who's Who - in the East and in Emerging Leaders, 1988-93.
• Certificate in Financial Planning Program Faculty Coordinator
• Ad hoc Committee on a joint EFA/SFA meeting
• Chairman Board of Trustees - Eastern Finance Association 2005-2007
• President - Eastern Finance Association 2004-2005
• President (elect) - Eastern Finance Association 2003-2004
• Vice President - 2002 Program Eastern Finance Association
• Nominations Committee – 2002 Southern Finance Association, 2005, 2006 Eastern Finance Association
• Member of the Board of Directors of the Southern Finance Association, 1995-1997.
• Member of the Editorial Board, Mid-Atlantic Journal of Business, 1988-2001. 
• CRSP Database Administrator, 1987-2002.

Recent Publications:

• "Financial Distress, Liquidity Policy, and Financial Policy: A Comparison of Korea and the United States" (with H.Y. Lee), Journal of Finance and Banking, 2, 2003 pp. 159-177.
• "The Impact of Interstate Banking Legislation on Target and Buyer Bank Stock Returns" (with H. A. Black and R. Schweitzer),  Managerial Finance, Vol. 22:7,1996, pp. 24-42.
• "Finance and the Regulatory Environment, - An Introduction," Managerial Finance, 1996.
• "Firm Size, Antitakeover Charter Amendments, and the Effect of State Antitakeover Legislation" (with J.M. Todd), Managerial Finance, Vol 21:5,1995, pp. 35-51.
• "Corporate Finance and the Legal Environment, - An Introduction," Managerial Finance, 1995.
• "Capital Budgeting and the Learning Curve Phenomenon," In Capital Budgeting Under Uncertainty. Advances and New Perspectives, ed. R. Aggrawal, 1993.
• "Prediction of Acquisition Candidates: Methodological Comparisons," Mid-Atlantic Journal of Business (with R. Clayton), Vol. 27:3, December 1991, pp. 233-250. With R. Clayton.
• "Portfolio Selection and An Optimal Cutoff Probability in Predicting Acquisition Targets," Advances in Investment Analysis and Portfolio Management, Vol. 1, 1991, pp. 279-293
• "Effect of the Learning Curve on the Capital Budgeting Process," Managerial Finance, Vol. 17:2-3, March 1991, pp. 28-41..
• "Changes in Interstate Banking Laws: The Impact on Shareholder Wealth (with H. Black & R. Schweitzer)," Journal of Finance, Vol. 45:5, December 1990, pp. 1663-1672.
• "The Wealth Effects of Corporate Lawsuits: Pennzoil v. Texaco," Journal of Business Research,Vol. 21:2, September 1990, pp. 143-158.
• "Discriminant Analysis and the Prediction of Acquisition Targets," Journal of Economics and Finance, Vol. 13:2, Summer 1990, pp. 85-94.
• "Should Dividend Discount Models be Yield Tilted? Comment," Journal of Portfolio Management, Vol. 15:2. Winter 1989, pp. 80-83.
• "On Allocating the Variance of Output Growth to Permanent and Cyclical Components" (with T. Hall & W. Fields), Economics Letters, Vol. 30:4, October 1989, pp. 323-326.
• "The Effect of Chernobyl on Electric Utility Stock Prices" (with V. Janjigian), Journal of Business Research, Vol. 18:1, January 1989, pp. 81-87.
• "The Merger Profile and Size Effect Anomalies: An Empirical Examination of Their Relationship" (with A. Keown),  Quarterly Journal of Business and Economics, Vol. 27:1, Winter 1988, pp. 70-82.
• "An Empirical Investigation of Merger Premiums," Managerial Finance, Vol. 14:4, 1988, pp. 19-23. With I. Chew & K. Johnson