Research
PUBLICATIONS (in refereed journals)
"An Initial Examination of Seasonality in Foreign Exchange Markets" The Journal of
Global Business Issues, Vol.3 Issue 2, August/September 2009 With R.W. Powell
"Applicability of Rosenberg's Beta Factor Decomposition Analysis to the Construction
of a Growth Stock Portfolio within the Standard & Poor's 1500 Index" The Journal of
Global Business Issues, Vol.1, Issue 2, Summer 2007 with D.J. Stanley and M. D. Kinsman
"The Investment Value of Analysts' Recommendations: Evidence from the Dartboard Contest,"
Managerial Finance 2000, Vol. 26, No. 6 with D. J. Stanley
"Asset Sales: Restructuring, Financing, or an Agency Problem," Advances In Financial
Economics, Vol. 4, Privatization: Financial Perspectives 1999, with M. B. Slovin and
M. E. Sushka
"A Comparison of the Information Conveyed by Equity Carve-outs, Spin-offs, and Asset
Sell-offs," Journal of Financial Economics 37 (1995) 89-104, with M. B. Slovin and
M. E. Sushka.
PUBLICATIONS (in practitioner oriented publications)
"The Buffett Approach to Valuing Stocks" Graziadio Business Report, Vol. 12 No. 3,
2009
"Investing for Income in a Down Economy" Graziadio Business Report, Vol. 12 No. 2,
2009
"Recognize the True Cost of Compensation: Expensing Options Increases Transparency
in Financial Reporting" Graziadio Business Report, Vol. 6 No. 1, 2003
"Who is Driving American Firms? Directors Facing New Responsibilities" Graziadio Business
Report, Summer 2002 with Linnea McCord
"NYCB: An Illustration of Value Creation" The Bridge (a publication of H. Roark Investment
Bank – circulation approximately 1000 small and micro cap publicly traded companies),
Vol. II No. 2 March-April 2002
"Strategic Options in the Commercial Banking Industry" The Bridge (a publication of
H. Roark Investment Bank – circulation approximately 1000 small and micro cap publicly
traded companies), Vol. I No. 4 October 2001
"Nonfinancial Performance: Research Shows "The Story" Can Mean More than the Numbers"
The Bridge (a publication of H. Roark Investment Bank – circulation approximately
1000 small and micro cap publicly traded companies), Vol. I No. 3 September 2001 (The
lead article)
"The Information Gap: How "Asymmetric Information" Keeps Your Company Valued at Less
Than it's Worth" The Bridge (a publication of H. Roark Investment Bank – circulation
approximately 1000 small and micro cap publicly traded companies), Vol. I No. 2 August
2001 (The lead article)
"Does Size Matter? It Does for Small Firms! The Bridge (a publication of H. Roark
Investment Bank – circulation approximately 1000 small and micro cap publicly traded
companies), Vol. I No. 1 July 2001 (The lead article)
"Managing Earnings...Or Cooking the Books: How Firms Make the Numbers with Creative
Accounting" Graziadio Business Report, Summer 2000 with Chuck McPeak
"Conversation with Wayne "Buzz" Knyal Graziadio Business Report, Spring 1999 with
D.J Stanley
"Retirement Call to Action: Responsibility Rests on Baby Boomers" Graziadio Business
Report, Fall 1998 with D.J Stanley and Owen P. Hall
PUBLICATIONS (Educational Market)
"Financial Statement Analysis" (Text book used in the CFA review courses taught by
the Schweser Institute) Published by The Schweser Institute, 2004 Contributing Author
CFA (Charted Financial Analyst) Review Texts – Kaplan Schweser, 2002 – 2005.
Notes were created and edited for Level 1, Level 2, and Level 3 topics including but
not limited to: Ethics and professional standards, macro economics, micro economics,
financial statement analysis, corporate finance, asset valuation, capital markets,
portfolio management, derivative securities, industry analysis, and fixed income investing.
CFA (Charted Financial Analyst) Review Texts – Allen Resources, 2000 – 2002.
Notes were created and edited for Level 1 topics including but not limited to: Ethics
and professional standards, macro economics, micro economics, financial statement
analysis, corporate finance, asset valuation, capital markets and portfolio management.
Presentations
"Discounts Applied to the Valuation Process," Wealth Strategies Counsel Boot Camp,
Irvine, CA, June 2008
"Capital Structure Decisions for Start-up Firms," Finnish Entrepreneurs, West Los
Angeles, CA May 2002
"The Long-run Return to Equity Carve-outs," Western Decision Sciences Institute, April
1999
"The Relationship of Share Repurchases and Stock Price Performance," Western Decision
Sciences Institute, April 1998
"Personal Financial Literacy: A Multi-Discipline Approach," Society of Educators and
Scholars, March 1998
"Asset Sales and Purchases as a Takeover Defense,"Brigham Young University, January
1998
"The Valuation Effects of Large Asset Sales," Presented at Brigham Young University,
July 1996
"Capital Markets, the Business Cycle, and Merger Activity." Presented at Pepperdine
University, May 1996
"Corporate Restructuring and the Information Hypothesis: An Empirical Analysis," Louisiana
State University, March 1993
"The Signal Content of Going Public Decisions," Pepperdine University, November 1992
"The Signal Content of Going Public Decisions," Financial Management Association,
October 1992
