Assistant Professor of Finance

- Teaching classes in Finance, Accounting and Quantitative Methods.

- Academic adviser to Business and First-Year students.

- Conducting research in finance. 

- Instructor in First Year Seminar and Summer Reading programs. 

- Faculty Secretary, 2003-04, 2005-06.

- Faculty Adviser to Phi Beta Lambda (Business Student Society), 2002-06.

- Member, Re-Accreditation Steering Committee, since 2006. 

- Member, Assessment Committee, 2003-07.

- Member, Business Division Search Committees, 2004-06, 2001-02. 

- Member, Faculty Development Committee, 2001-03. 

 

Adjunct Instructor of Mathematics (part-time)

- Taught classes in Mathematics, Statistics and Economics to full-time and part-

- Taught classes at main campus in Bettendorf (primarily day-time classes for

traditional college students) and at both campuses in Davenport (primarily      evening and Saturday classes for non-traditional students).

 

American University of Beirut, Beirut, Lebanon                         (1971 to 1974)

Assistant Professor of Business Administration

- Taught classes in Accounting, Finance, Quantitative Methods, and Computers  

 and Systems. 

- Academic adviser to graduate and undergraduate students. 

- Advised graduate students writing MBA theses.

 

University of Illinois at Chicago, Chicago, IL                            (1968 to 1971)

Assistant Professor of Accounting

- Taught classes in Principles of Accounting, Cost Accounting, and Planning and

 Control. 

- Academic adviser to undergraduate students. 

Visiting Instructor (1968-69).

 

CPA, Moline, IL                                                                 (1997 to 2000)

Certified Public Accountant, providing accounting and tax services to small business and individual clients. Also provided forensic accounting services to investigate suspected fraud.

 

Minnesota Department of Public Service, St. Paul, MN              (1992 to 1995)

Rate Analyst, preparing economic and financial studies for state regulatory commission. Testified before commission in rate and other regulatory proceedings. Reviewed resource plans prepared by regulated firms using large, computer-based planning model.

 

Stanley Consultants, Muscatine, IA                                                        (1988 to 1992)

Financial Consultant with architectural and engineering consulting firm with responsibility for economic and financial studies for clients. Also responsible for economic analysis sections of engineering studies.

 

Isham, Lincoln & Beale, Chicago, IL                                                       (1981 to 1987)

Staff Economist for large law firm. Provided firm’s attorneys with economic, accounting, and financial advice for testimony for firm’s clients and for cross-examination of opposing witnesses in regulatory proceedings and trials.

  

Commonwealth Edison, Chicago, IL                                                      (1975 to 1981)

Staff Economist for large electric utility. Prepared economic studies to support engineering decisions. Prepared cost-of-service and rate studies to support company’s rate design proposals in rate cases. Prepared studies supporting experimental rates proposed by company. Testified on company’s cost-of-service before state regulatory commission.

 

Arthur Andersen & Co., Chicago, IL.                                                      (1974 to 1975)

Staff Accountant for large accounting firm, working on audit and administrative services engagements.

 

University of Chicago, Chicago, IL

Ph.D. from the Graduate School of Business in Economics and Finance, 1974. Dissertation on “The Behavior of Prices on the London Stock Market in the Early Eighteenth Century” reviewed economic and historical literature, discussed market characteristics consistent with efficiency, and performed statistical analysis using contemporary data.

Program included advanced courses in economics, finance, accounting and statistics.

 

M.B.A. with concentration in Business Finance, 1967.

 

University of Bristol, Bristol, England

B.A. in Economics and Accounting, 1965

 

Licensed in Illinois. Certified in Minnesota.

 

Member, American Economic Association

Member, American Finance Association

Member, Midwest Economics Association

Member, Midwest Finance Association

Member, Southern Finance Association

Member, Southwestern Finance Association

Member, Illinois CPA Society

 

World Trade Flows and Global Financial Stability” Paper submitted to the Midwest Finance Association, September 2005.

 

“What Are Your Chances of Collecting Social Security?” Presentation to Phi Beta Lambda, McKendree College Business Student Society, September 2005.

 

“Fixing Social Security: Where Is The Money?” Paper Submitted to the Social Security Bulletin , July 2005

 

“Comments on ‘Why Do Firms Go Public? Theory Meets Practice’ by Patricia A. Ryan, James C. Brau & Irv DeGraw.” Presentation at the Midwest Finance Association Annual Meeting, Chicago, Illinois, March 2004

 

“Comments on ‘Managerial Ownership and Informativeness of Earnings’ by Piman Limpaphayom & Sirisuk Manmettakul.” Presentation at the Midwest Finance Association Annual Meeting, Chicago, Illinois, March 2004

 

“Comments on ‘Daily Seasonality in London Metal Exchange Base Metal Returns, 1989-2002: A Robust Analysis’ by Brian M. Lucey.” Presentation at the Midwest Finance Association Annual Meeting, Chicago, Illinois, March 2004

 

“Test-Year Sales and Long-term Forecasts of Annual Peak Loads and Available Capacity for Interstate Power Company.” Testimony submitted to the Minnesota Public Utilities Commission on behalf of the Minnesota Department of Public Service, 1995

 

 

“Test Year Sales Forecast for Minnesota Power Company.” Testimony submitted to the Minnesota Public Utilities Commission on behalf of the Minnesota Department of Public Service, 1994

 

“Purchasing Practices of Northern States Power Company.” Testimony submitted to the Minnesota Public Utilities Commission on behalf of the Minnesota Department of Public Service, 1993

 

 “Growth in the Mid-West: The Identification of Rapidly-Growing Non-Metropolitan Counties Since 1970.” Paper Prepared for Stanley Consultants, 1992

 

“Electric Utilities and Non-Metropolitan Economic Development in the Midwest.” Paper Prepared for Stanley Consultants, 1991

“Electric System Consultants’ Report Prepared in Connection with Municipal Bond Issue.” Report Prepared for Middle West Service Company, 1990

 

“Alternative Financing Arrangements for Planned Municipal Improvements.” Report Prepared for Stanley Consultants, 1990

 

“Report on the Proposal of the Municipal Electric Authority of Georgia to Transfer a Portion of Its Ownership Interest in Four Generating Plants Operated by Georgia Power Company to Member Municipalities.” Report Prepared for Stanley Consultants, 1989   

 

“Demand-Side Management: Myth vs. Reality – Today vs. Tomorrow.” Presentation at an Association of Illinois Electric Co-operatives Conference, Decatur, Illinois, 1988

 

“Least-Cost Energy Planning.” Presentation to the Staff of the Illinois Commerce Commission, Springfield, Illinois, 1988

 

“The Definition of Excess Generating Capacity by Regulatory Commissions and the Rate-Making Treatment of ‘Old’ Plant.”   Paper prepared for Isham, Lincoln & Beale, Chicago, Illinois, 1987

 

“Nuclear Cancellation Decisions by Various Utilities and Their Regulatory Consequences.” Paper prepared for Isham, Lincoln & Beale, Chicago, Illinois, 1986

 

 “The Potential for Conflict between the Uniform System of Accounts Prescribed for Public Utilities and the Financial Accounting Standards Board December, 1985 Exposure Draft on Accounting for Phase-In Plans, Abandonments, and

Disallowances of Plant Costs.” Paper prepared for Isham, Lincoln & Beale,

Chicago, Illinois, 1986

 

“Competition and Regulation.” Presentation to the Isham, Lincoln & Beale Seminar on Regulation, Chicago, Illinois, 1984

 

 “Accounting and Rate-Making Treatment of AFUDC: Who Benefits from the Income-Tax Shield Associated with Interest on Debt?” Paper prepared for Isham, Lincoln & Beale, Chicago, Illinois, 1984

 

“Exclusion of Generating Plant Construction Costs from Rate Base.” Paper prepared for Isham Lincoln & Beale, Chicago, Illinois, 1984

 

“A Note on the Appropriate Accounting Treatment for an Unrealized Holding Loss on an Investment in Foreign Securities Where the Investment Was Initially Recorded Using the Equity Method but is now Recorded at Cost.” Paper prepared for Isham Lincoln & Beale, Chicago, Illinois, 1984

 

"The Amortization of Deferred Income Taxes When Income-Tax Rates Change.” Paper prepared for Isham Lincoln & Beale, Chicago, Illinois, 1983  

 

“Optimality of the Capital Structure as an Issue before Regulatory Commissions.” Paper prepared for Isham, Lincoln & Beale, Chicago, Illinois, 1982

 

 “Marginal Cost of Service for Commonwealth Edison Company.” Testimony submitted to the Illinois Commerce Commission on behalf of Commonwealth Edison Company, 1979

 

“Marginal Cost of Service for Commonwealth Edison Company.” Testimony submitted to the Illinois Commerce Commission on behalf of Commonwealth Edison Company, 1976

 

“The Behavior of Prices on the London Stock Market in the Early Eighteenth Century.” Unpublished Ph.D. dissertation, The University of Chicago, 1974