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11.7.2009 [ Search/Archives  | Facts & Figures  | UC Davis Experts  | Seminars/Events  ]

UC Davis experts: Stocks and finance

The following University of California, Davis, faculty members are available to comment on finance issues.

Investor psychology, online trading, investment clubs

Professor Brad Barber of the Graduate School of Management is an authority on investor psychology, stock analyst recommendations, online trading and the performance of investment clubs. He has done extensive research on the effect of expenses on money flowing into mutual funds, gender-related overconfidence in stock trading, the impact of coordinated trading by individual investors, and how active trading of equities is hazardous to the wealth of individual investors. Barber, who teaches courses in investment analysis and corporate financial policy, serves on the investment advisory committee for Mercer Global Advisors and the market surveillance committee of the California Independent System Operator. Contact: Brad Barber, Graduate School of Management, (530) 752-0512, bmbarber@ucdavis.edu.

International finance and trade

Richard Castanias, associate professor and associate dean of academic affairs for the Graduate School of Management, is an expert in international finance and trade. His research interests span many areas, including corporate financial theory; resource economics; industrial organization; economics and financing of small firms; small business bankruptcy; small business valuation; informal capital markets; economics of executive compensation and succession; financing of cooperative organizations; economics of information; and monetary economics. Castanias has published more than 20 major articles in leading academic journals and serves as an ad hoc reviewer for some 20 academic journals. He has led student study trips to Chile, Brazil and Mexico and is an authority on the economics of the countries. Richard Castanias, Graduate School of Management, (530) 752-8064, rpcastanias@ucdavis.edu.

Investor response to financial statements and market information

Assistant Professor Michelle Yetman of the Graduate School of Management is an expert on U.S. and international financial accounting, interpreting financial statements and the valuation of assets and claims. Her current research is focused on capital markets, specifically the reaction of individuals such as stock market investors to financial statements and other information signals from companies and markets. Contact: Michelle Yetman, Graduate School of Management, (530) 754-7808, mhyetman@ucdavis.edu.

Role of information, effects of securities fraud litigation

Paul Griffin, professor of management and associate dean of academic affairs for the Graduate School of Management, is an internationally recognized specialist in the areas of accounting, financial valuation and the role of information in security markets. He has published extensively in leading accounting and finance journals, and has written research monographs for the Financial Accounting Standards Board and case books on corporate financial reporting. His most recent publications examine the effects of securities fraud litigation on investors and creditors in securities markets. He can also offer insight on how the investments and liability of accounting firms can help them maintain auditor independence. Contact: Paul, Griffin, Graduate School of Management, (530) 752-7372, pagriffin@ucdavis.edu.

Behavioral and corporate finance, weather and moods

Assistant Professor Ning Zhu of the Graduate School of Management specializes in behavioral finance, corporate finance and investments. He teaches finance and statistics, including a course on the use of statistics and data analysis to solve problems in marketing, finance, accounting, production, operations and public policy. Zhu recently coauthored a paper arguing that even though each individual investor has little impact on the securities market, the collective buying and selling decisions of individual investors are highly correlated, cumulate over time and do have the potential to affect asset prices. Contact: Ning Zhu, Graduate School of Management, (530) 752-3871, nzhu@ucdavis.edu.

Stakeholder communication in a crisis

Kimberly Elsbach, associate professor of management in the Graduate School of Management, focuses her research on the acquisition and maintenance of organizational images, identities and reputations -- especially images of legitimacy, trustworthiness and creativity. Director of executive education, she also teaches and studies negotiation skills in competitive business environments. Her research provides a framework for communicating with shareholders, customers and employees in the immediacy of a reputation crisis and through long-term recovery. Her research on creativity shows how Hollywood movie and television producers judge the creativity of people pitching story ideas. She has studied the impacts of telecommuting and how firms and employees have dealt with the transformation of their workplace from a traditional office to a "hoteling" environment, in which employee have no permanent offices and reserve workspaces on a daily basis. Contact: Kim Elsbach, Graduate School of Management, (530) 752-0910, kdelsbach@ucdavis.edu.

Securities regulation

Professor Robert Hillman of the UC Davis School of Law is a leading expert in corporate and securities law. He is co-author of "Securities Regulation: Cases and Materials," the leading law school text on securities regulation and capital markets. Hillman was also a member of the California State Senate's Blue Ribbon Task Force on Shareholder Litigation. Contact: Robert Hillman, School of Law, (530) 752-8020, rwhillman@ucdavis.edu.

Media contacts

  • Claudia Morain, UC Davis News Service, (530) 752-9841, .

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Last updated June 10, 2008

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