1-651-962-5042
Send an email

Academic Background

M.S./B.S., international economics and management, University of Maryland-Far Eastern National University, Russia
M.B.A., Washington State University
Ph.D., finance, Washington State University

Research Specialties

• Institutional investors
• Investor behavior
• Information asymmetries
• Securities litigation
• Asset pricing
• Hedge funds
• Portfolio management
• Equity and business valuation

Current Research

• Class action litigation and institutional ownership
• Institutional ownership and analyst recommendations
• Market perception of information asymmetry and stock returns
• Post-IPO litigation and institutional ownership
• Market neutral investment strategy
• Portfolio diversification

Major Works

• “Institutional Investors and Shareholder Litigation,” with O. Ozocak, T. J. Walker and H. J. Turtle. Financial Management, Vol. 37, Issue 2, pp. 227-250, 2008.
• “The Role of Indemnification Agreements and Legal Liability in Railroad Disasters: A Financial Market Perspective,” with T. J. Walker, D. Thiengtham, and O. Ozocak. International Journal of Managerial Finance, Vol. 3, Number. 4, pp. 338-359, 2007.
• “Adopting a Theoretical Framework for Teaching Finance: A Vygotskian Perspective,” with T. V. Avdeyeva. Advances in Financial Education, Vol. 5, pp.62-76, Fall 2007.
• "On the Stock Market’s Reaction to Major Railroad Accidents: An Empirical Analysis," with T. Walker and K. Pukthuanthong. The Journal of the Transportation Research Forum,  Vol. 45, Number 5, pp. 23-39, Spring 2006.
• "Investors, Institutional," International Encyclopedia of the Social Sciences, William A. Darity, Jr. (ed.), Vol. 4. 2nd ed. Detroit: Macmillan Reference USA, 135-137, 2008.

Significant Scholarly Honors

• The Outstanding Paper Award at the Literati Network Awards for Excellence 2008
• Gold medal for academic excellence, Russian Federation, 1990 
• Fourth, sixth, and ninth places in the All-Russian Academic Olympiads in physics, math, and chemistry respectively

Professional Affiliations

• Western Finance Association
• American Finance Association
• Financial Management Association International
• Midwest Finance Association