Stephen A. Ross
Sloan School of Management, Massachusetts Institute of Technology
Stephen Ross is presently the Franco Modigliani Professor of Financial Economics at the
Sloan School of Management, Massachusetts Institute of Technology. One of the most
widely published authors in finance and economics, Professor Ross is recognized for his
work in developing the Arbitrage Pricing Theory, as well as for having made substantial
contributions to the discipline through his research in signaling, agency theory, option
pricing, and the theory of the term structure of interest rates, among other topics. A
past president of the American Finance Association, he currently serves as an associate
editor of several academic and practitioner journals. He is a trustee of CalTech and
Freddie Mac. Randolph W. Westerfield
Marshall School of Business, University of Southern California
Randolph W. Westerfield is Dean of the University of Southern California’s Marshall
School of Business and holder of the Robert R. Dockson Dean’s Chair of Business
Administration.
He came to USC from the Wharton School, University of Pennsylvania, where he was
the chairman of the finance department and member of the finance faculty for 20 years.
He is a member of several public company boards of directors including Health Management
Associates, Inc., William Lyon Homes, and the Nicholas Applegate Growth
Fund. His areas of expertise include corporate financial policy, investment management,
and stock market price behavior. Jeffrey F. Jaffe
Wharton School of Business , University of Pennsylvania
Jeffrey F. Jaffe has been a frequent contributor to finance and economic literature in such
journals as the Quarterly Economic Journal, The Journal of Finance, The Journal of Financial and
Quantitative Analysis, The Journal of Financial Economics, and The Financial Analysts Journal. His
best known work concerns insider trading, where he showed both that corporate insiders
earn abnormal profits from their trades and that regulation has little effect on these
profits. He has also made contributions concerning initial public offerings, regulation of
utilities, the behavior of market makers, the fluctuation of gold prices, the theoretical effect
of inflation on the interest rate, the empirical effect of inflation on capital asset prices,
the relationship between small capitalization stocks and the January effect, and the capital
structure decision. Bradford D. Jordan
Gatton College of Business and Economics, University of Kentucky
Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H.
Furst Endowed Chair in Finance at the University of Kentucky. He has a long-standing
interest in both applied and theoretical issues in corporate finance and has extensive experience
teaching all levels of corporate finance and financial management policy. Professor
Jordan has published numerous articles on issues in leading journals such as initial
public offerings, capital structure, and the behavior of security prices. He is a past president
of the Southern Finance Association, and he is coauthor (with Charles J. Corrado)
of Fundamentals of Investments: Valuation and Management, 3e, a leading investments text, also
published by McGraw-Hill/Irwin. |