Russell P. Boisjoly

RUSSELL P. BOISJOLY

ADDRESS: School of Business Thompson Hall E336B State University of New York at Fredonia Tel: 716-673-4813 E-Mail: [email protected]

EDUCATION: Doctor of Business Administration in Finance Indiana University, August, 1978.

Major Field: Finance Minor Fields: Economics Quantitative Business Analysis

Dissertation: “Optimal Financial Strategies Under Threat of Bankruptcy: The Regulated and Unregulated Cases”

Master of Business Administration in Finance With High Honors, Boston University, September, 1973.

Bachelor of Science in Industrial Management With Honors, University of Massachusetts-Lowell, June, 1972.

POSITIONS: State University of New York at Fredonia, School of Business, Dean, and Professor of Finance, July 2009 to present (Tenured).

Lynn University, College of Business and Management, Dean, and Professor of Finance, January 2007 to June 2009.

Stonehill College, Department of Business Administration, 2004 to 2007, Chairperson, and Professor of Finance.

Russell P. Boisjoly, International Business Consultant, 1989 to present and Full-time 2000-2004. Provide consulting, course design, and course delivery of executive and managerial level courses for major corporations. During those years I focused on Boeing, Deutsche Post World Net, General Electric, and Unilever.

Executive Education Programs and Consulting in the areas of Finance, Strategy, and Globalization. Clients include AT&T, American Institute of Certified Public Accountants (AICPA), Bayer, Boeing, Brinks, Carrier, China Eastern Airlines, China Eastern Xibei Airlines, Copa Airlines, DHL, Deutsche Post World Net, Exelon, Garuda Indonesia Airlines, General Electric Company, General Electric Capital Services, General Electric Plastics, General Electric Industrial Systems, General Electric Energy (formerly GE Power Systems), General Electric Supply, and General Electric Transportation Systems, KLA-Tencor, Lockheed Martin (Martin Marietta), Maytag, Microsoft, Praxair, Rayonier, Taunton Press, NYNEX (Verizon), GTE (Verizon), The Hartford, C&P Telephone (Verizon), Unilever, Union Carbide, U.S. Department of Energy.

Corporate Executive Education Programs have been delivered in the following countries and territories: Australia, Belgium, Brazil, Canada, China, Czech Republic, England, France, Germany, India, Indonesia, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, Panama, Portugal, Russia, Singapore, Spain, Turkey, and Puerto Rico, as well as all across the United States.

Adelphi University, School of Business, 1999 to 2000. Dean, School of Business, and Professor of Finance (Tenured).

Fairfield University, School of Business, 1989 to 1999. Professor of Finance, 1997 to 1999, Dean and Professor of Finance (1994 to 1997), Acting Dean and Professor of Finance (1993 to 1994), Associate Dean, Director of Graduate Programs, Director of Research and Professor of Finance (1989 to 1993).

University of Massachusetts-Lowell, Department of Finance, College of Management Science, 1985 to 1989. Chairperson, Department of Finance (1988 to 1989), Tenured in 1988, Associate Professor of Finance (1985 to 1989); Director of External Programs (1987 to 1988); Coordinator of Finance Faculty (1985 to 1988).

2 Simmons College, Department of Management, 1982 to 1985. Chairperson, Department of Management, 1983 to 1985, Associate Professor of Finance, 1982 to 1985, Tenured in 1985; Adjunct Associate Professor of Finance, Graduate School of Management, 1982 to 1984.

University of Maryland, College of Business and Management, Department of Finance, 1976 to 1977, 1978 to 1982. Assistant Professor of Finance, 1978 to 1982; Lecturer in Finance, 1976 to 1977.

Indiana University, School of Business, Department of Finance, 1973 to 1976, 1977 to 1978. Visiting Assistant Professor of Finance/Lecturer of Finance, 1977 to 1978; Senior Instructor, 1975 to 1976; Associate Instructor, 1973 to 1975.

OTHER PROFESSIONAL EXPERIENCE: OAO Corporation, Beltsville, Maryland. Senior Staff Analyst, 1980 to 1981. Corporate Finance and Electric Utility Finance consulting to businesses and governmental agencies.

HONORS AND AWARDS Who’s Who in Finance and Business, 2006 to present. Stonehill College Department of Business, Summer Research Grant, 2006. Stonehill Undergraduate Research Experience (SURE) Summer Grant, 2005 (with Stephanie Izzo). Who’s Who in the World, 2000 to present. Who’s Who in America, 1999 to present. Who’s Who Worldwide, 1992 to present Who’s Who in Finance, 1984 Simmons Fund for Research (Simmons College), 1984. Wilson Elkins Research Fellow (Univ. of Maryland), 1981. Student Award for Outstanding Teaching, Certificate of Recognition (Univ. of Maryland), 1980. Bureau of Business and Economic Research Fellow (Univ. of Maryland), 1979. Instructional Aid Grant (Univ. of Maryland), 1978. Omicron Delta Epsilon Invited Student Paper, American Economics Association Meetings, Atlantic City, NJ,1976. Indiana University Fellowship, 1975 to 1976. Boston University Scholarship, 1972.

3 M.B.A. Scholarship (Boston University), 1972. Jacob Ziskind Memorial Scholarship (University of Massachusetts-Lowell), 1971. Beta Gamma Sigma, 1973. Tau Epsilon Sigma, 1972

PROFESSIONAL AFFILIATIONS: American Finance Association Academy of International Business Academy of Management Financial Executives Institute Financial Management Association Western Finance Association

PROFESSIONAL ACTIVITIES: External Program Reviewer, Kingsborough Community College, Department of Business, Accounting Program, March, 2000.

AACSB-IAME Accreditation Visiting Team Member Saint Joseph’s University, Business Advisor and Team Member, 1998-2000. Ohio Northern University, Team Member, 1999 Fairleigh Dickinson University, Team Member, 1999. Winthrop University, Business Advisor and Team Member, 1998-1999. Barry University, Business Advisor and Team Member, 1998-2000. AACSB-IAME Consultant Truman State University, February,1998.

Executive Editor, Journal of Business and Economic Studies, 1990 to 1996.

Board of Directors, Northeast Business and Economics Association, 1990 to 1996.

Charter Oak College, Business Education Committee, 1992 to 1997, and NEASC Accreditation Committee, 1995.

Manuscript Reviewer: Journal of Economics and Business Journal of Financial Research Journal of Accounting and Public Policy Financial Review Northeast Journal of Economics and Business Review of Quantitative Finance and Accounting

Program Committees 2009 Academy of Management Meeting 2009 Eastern Finance Association Meeting 2009 Southern Finance Association Meeting

GRANTS AND CONTRACTS: “China's Post-Mao Metamorphosis: An Interdisciplinary Exploration” Grant Team Member. Dr Xuejian Yu, Principal Investigator, $75,000, Fulbright-Hays Group Projects Abroad, 2006.

“PepsiCo International Program in Russian Studies,” Co-Principal Investigator with Dr. Orin Grossman, $566,000, PepsiCo Foundation, August 1994 to August 1999.

“An Undergraduate Business Curriculum for the 21st Century,” Co-Principal Investigator with Dr. Walter Ryba, Jr, $250,000, General Electric Foundation, August 1994 to August 1998.

“International Trade and Investment,” Principal Investigator, $130,000, United States Department of Education, August 1, 1992 to July 31, 1994 (With Dr. Bharat Bhalla and Dr. Mark LeClair).

“The Effects of Accounting Measurement Error on Electric Utility Rates,” American Public Power Association, $7,400 awarded September 15 to December 15, 1987, Project No. 07-4860 (Dr. Shimon Awerbuch, Principal Investigator).

“A Photovoltaic Financial Evaluation System,” Principal Investigator, Massachusetts Photovoltaic Center, $15,333.50 awarded July 23, 1987 to June 30, 1988 Project No. 07-4678-1. (Dr. Shimon Awerbuch and Dr. Yash Puri, Co-Principal Investigators).

“A Photovoltaic Financial Evaluation System,” Co- Principal Investigator, Massachusetts Photovoltaic Center, $31,780 awarded April 1, 1987 to June 30, 1987, Project No. 07-4678 (Dr. Shimon Awerbuch, Co- Principal Investigator, and Dr. Yash Puri, Principal Investigator).

5 “Women in Manufacturing: Manufacturing Systems Specialist Training,” Co-Principal Investigator, Bay State Skills Corporation, $70,000 awarded in April, 1985 while at Simmons College, Grant also included $140,000 in computer software donated by the Hewlett- Packard Corporation (Dr. Dean Saluti, Co-Principal Investigator).

RESEARCH PUBLICATIONS: “The Cash Flow Implications of Managing Working Capital and Capital Investment,” Journal of Business and Economic Studies, forthcoming Spring 2009 (With Stephanie Izzo).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics, 8:217-230, 1989. Reprinted in Business Ethics in Canada,4th Ed. Pp. 234-253, Deborah C. Poff (Toronto: Pearson Prentice-Hall, Inc:, 2005)(With Ellen Foster Curtis and Eugene Mellican).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics, 8:217-230, 1989. Reprinted in Minding The Machines: Preventing Technological Disaster, William M. Evan and Mark Manion, (Englewood Cliffs, N.J.: Prentice-Hall PTR, Inc., 2002) (With Ellen Foster Curtis and Eugene Mellican).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics, 8:217-230, 1989. Reprinted in Ethical Theory and Business, Tom Beauchamp and Norman E. Bowie, Editors, Sixth Edition, (Englewood Cliffs, N.J.: Prentice-Hall, Inc., 2000) (With Ellen Foster Curtis and Eugene Mellican).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics, 8:217-230, 1989 (With Ellen Foster Curtis and Eugene Mellican). Reprinted in International Library of Management: Risk Management: Volume 1 (Gerald Mars and David Weir, Editors (Ashgate Publishing Limited: Hampshire, England, 2000).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics,

6 8:217-230, 1989 (With Ellen Foster Curtis and Eugene Mellican). Reprinted in Corporate and Governmental Deviance: Problems of Organizational Behavior in Contemporary Society, M. David Ermann and Richard J. Landman (Oxford University Press: Oxford, England 1999).

“Assessing the Relative Efficiency of Aircraft Maintenance Technologies: An Application of Data Envelopment Analysis,” Transportation Research Series A, 1998 (With Milo W. Peck, Jr. and Carl A. Scheraga).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics, 8:217-230, 1989. Reprinted in Ethical Theory and Business, Tom Beauchamp and Norman E. Bowie, Editors, Fifth Edition, (Englewood Cliffs, N.J.: Prentice-Hall, Inc., 1997) (With Ellen Foster Curtis and Eugene Mellican).

“The Utilization of Data Envelopment Analysis in Benchmarking Aircraft Maintenance Technologies,” Transportation Research Forum, Fall, 1996 (With Milo W. Peck, Jr. and Carl A. Scheraga).

“The Effects of Deregulation in the Trucking and Airline Industries on Worker Safety,” New Solutions, Fall, 1996.

“Central Business Districts Versus Shopping Malls: Marketing Implications for Ten Massachusetts Communities,” Business Journal, Spring, 1995 (With Clare Comm and David Lewis).

“Developing and Managing Faculty-Driven Innovation: A Continuous Improvement Model With Self-Directed Work Teams,” in Educational Innovation in Economics and Business Administration: The Case of Problem-Based Learning, edited by Wim H. Gijselaers et al (Kluwer Academic Publishers, Dordrecht, The Netherlands 1995) (With Robert DeMichiell, Walter Ryba, and Cheryl Tromley).

“A Business Outcome Model With An International Component: A New Workplace Dictates New Learning Objectives,” Case Method Research and Application: Teaching Interactive Methods: With Cases, Simulations,

7 and Games, edited by Hans E. Klein, World Association of Case Research and Application Proceedings, Leysin, Switzerland, June, 1995 (With Robert DeMichiell).

Shareholder Value Creation (American Institute of Certified Public Accountants, New York, New York, 1991) (With Thomas E. Conine, Jr. and Ernest J. Pavlock).

“Photovoltaic Financial Evaluation System: A Case Analysis and Discussion,” in Photovoltaic Resources: Applications Utilization and Assessment: Guidebook for Policy Planners (United Nations Institute for Training and Research, Unitar/UNDP and Massachusetts Photovoltaic Center, 1990) (With Shimon Awerbuch and Yash Puri).

“Roger Boisjoly and the Challenger Disaster: The Ethical Dimensions,” Journal of Business Ethics, 8:217-230, 1989 (With Ellen Foster Curtis and Eugene Mellican). Reprinted in Business Ethics in Canada, Deborah C. Poff and Wil Waluchow (Prentice-Hall, Inc: Englewood Cliffs, NJ, 1990).

“Roger Boisjoly and the Challenger Disaster: A Case Study in Management Practice, Corporate Loyalty, and Business Ethics,” in Business Ethics: Readings and Cases in Corporate Morality, W. Michael Hoffman and Jennifer Mills Moore, Editors, 2nd Edition, McGraw- Hill, Inc., 1989; in Writing and Reading Across the Curriculum, Fourth Edition, Laurence Behrens and Leonard J. Rosen, Harper Collins, 1991; in Case Problems in Management and Organizational Behavior, 4th Edition, Randall S. Schuler, West Publishing, 1991; and in The Legal Environment of Business, 4th Edition, Meiners, Reingleb, Edwards, West Publishing, 1991 (With Ellen Foster Curtis).

“The Use of Accounting Rates of Return in Regulation,” Proceedings of the Sixth NARUC Biennial Regulatory Information Conference, September, 1988 (With Shimon Awerbuch).

“Roger Boisjoly and the Challenger Disaster: A Case Study in Engineering Management, Corporate Loyalty and Ethics,” Proceedings of the American Society of

8 Engineering Management, October, 1987, pp. 6-14 (With Ellen Foster Curtis). “A Study of the Restaurant Industry in Greater Lowell,” Proceedings of the Northeast Regional Science Association, May, 1986 (With George Dery, David Lewis, and Lee Meadow).

“Shifts in Indicators of Motor Carrier Bankruptcies: Pre- and Post-Motor Carrier Act,” Transportation Research Forum, Vol. 26, No. 1, 1984, pp. 454-463 (With Thomas Corsi).

“The Changing Nature of the Motor Carrier Acquisition Market,” Quarterly Journal of Economics and Business, Vol. 22, No. 4, Autumn, 1983, pp. 25-39 (With Thomas Corsi).

“A Profile of Motor Carrier Acquisitions, 1976-1978,” Akron Business and Economic Review, Vol. 13, No. 2, Summer, 1982, pp. 30-35 (With Thomas Corsi).

“The Aftermath of the Motor Carrier Act of 1980: Entry, Exit, and Merger,” Transportation Research Forum, Vol. 24, No. 1, pp. 258-264 (With Thomas Corsi).

“The Long Run Effects of Merger and the Implications of deregulation in the Motor Carrier Industry,” ICC Practitioners’ Journal, Vol. 49, No. 3, March-April, 1982, pp. 280-293 (With Thomas Corsi).

“An Identification of the Distinguishing Characteristics of Acquired Trucking Firms,” ICC Practitioners’ Journal, Vol. 48, No. 5, July-August, 1981, pp. 560-577 (With Thomas Corsi).

“The Economic Implications of Less-Than-Truckload Motor Carrier Mergers,” Journal of Economics and Business, Vol. 33, No. 1, Fall, 1980, pp. 13-20 (With Thomas Corsi).

“The Effects of Merger on Motor Carrier Performance,” Proceedings of the American Institute of Decision Sciences, November, 1979 (With Thomas Corsi).

9 “Default Risk and the Theory of the Firm,” The American Economist, Vol. 22, Spring, 1978, pp. 26-32.

WORK IN PROGRESS:

“Recognition of Value: A Critical Step in the Value Creation Process,” intended for Academy of Management Review, with Laura Hart.

“An Examination of the Working Capital Management Practices of the S&P 500 Firms,” submitted for presentation to the 2009 Southern Finance Association Meetings.

“An Investigation of the Working Capital Management Practices By Industry for S&P 500 Firms,” submitted for presentation to the 2009 Northeast American Accounting Association Meetings (with Jose Lopez Alarcon).

OTHER PUBLICATIONS: Report on Selected Accounting and Financial Practices of the Electric Utility Industry, OAO Corporation, 1981.

“A Test Bank to Accompany Introduction to Financial Management ”by Ezra Solomon and John Pringle, Second Edition, Goodyear Publishing, Santa Monica, CA, 1980 (With Severin Carlson).

“The Ghost of Downtown, U.S.A.,” University of Lowell Magazine, Vol. 2, No. 2, Winter, 1987 (With Lee Meadow).

REVIEWS AND ABSTRACTS: Book Review of Corporate Collapse: The Causes and Symptoms by John Argenti, Southern Economic Journal, October, 1978.

Abstract of “Optimal Financial Policies Under Threat of Bankruptcy,” Journal of Financial and Quantitative Analysis, November, 1978.

Abstract of “Optimal Financial Strategies Under Threat of Bankruptcy: The Regulated and Unregulated Cases,” Financial Review, Winter, 1979.

10 TECHNICAL REPORTS: Ten Technical Reports for the Massachusetts Executive Office of Communities and Development and The Small Business Development Program, December, 1986 (With Lee Meadow).

“An Examination of the Athol-Orange Central Business District” “An Examination of the Ayer Central Business District” “An Examination of the Beverly Central Business District” “An Examination of the Fall River Central Business District” “An Examination of the Gardner Central Business District” “An Examination of the Hudson Central Business District” “An Examination of the Lawrence Central Business District” “An Examination of the Lynn Central Business District” “An Examination of the Norwood Central Business District” “An Examination of the Wakefield Central Business District.”

PRESENTATIONS: “An Examination of Working Capital Management Practices of the S&P 500 Firms,” submitted to the 2009 Eastern Finance Association Meetings, Washington, D.C.

“The Cash Flow Implications of Managing Working Capital and Capital Investment,” Northeast Decision Sciences Institute Meetings, San Juan, Puerto Rico, March 29-April 1, 2006. (With Stephanie Izzo).

“Integrating Courses and Course Sequences: The Fairfield Experience,” American Assembly of Collegiate Schools of Business Undergraduate Curriculum Seminar, Dallas, Texas, February 2-4, 1997. (With Walter G. Ryba, Jr.).

“Building Trust: The Key to the Continuous Improvement Process,” Bayer Corporation, New Haven, CT., November, 1995.

11 “Educating Business Leaders for the 21st Century,” St. Petersburg School of Economics, St. Petersburg, Russia, October, 1995.

“Undergraduate Curriculum Innovation,” Association of Jesuit Colleges and Universities’ Business Deans Meeting, Cleveland, Ohio, February, 1995.

“A Business Outcome Model With An International Component: A New Workplace Dictates New Learning Objectives,” World Association of Case Research and Application (WACRA) Meeting, Leysin, Switzerland, June, 1995. (With Robert DeMichiell).

“Creating a Faculty Development Model,” American Assembly of Collegiate Schools of Business Continuous Improvement Symposium, St. Louis, Missouri, September, 1994 (With Robert DeMichiell, Walter Ryba, and Cheryl Tromley).

“Pathways for Developing and Implementing International Cases With Western Europe,” World Association of Case Research and Application (WACRA) Meeting, Montreal, Canada, June, 1994. (With Robert DeMichiell).

“Developing and Managing Faculty-Driven Innovation: A Continuous Improvement Model With Self-Directed Work Teams,” European Educational Innovation in Business (EDINEB) Meeting, Maastricht, The Netherlands, December, 1993 (With Robert DeMichiell, Walter Ryba, and Cheryl Tromley).

“Dynamic Assessment Vehicles: An Evolutionary Approach,” American Assembly of Collegiate Schools of Business Continuous Improvement Symposium, St. Louis, Missouri, September, 1993 (With Robert DeMichiell, Walter Ryba, and Cheryl Tromley).

“Required Return and Valuation of Closely-Held Small Firms: The Small Firm Equity Risk Premium,” Presented at the Financial Management Association Meetings, San Francisco, CA, October 21-24, 1992 (With Severin Carlson and Douglas Southard).

12 “International Programs in Continuing Higher Education,” NUCEA Region I Conference, Kennebunkport, ME, October, 1990.

“Merger Performance in the Trucking Industry: 1975 to 1984,” Presented at the Transportation Research Forum Meetings, Williamsburg, VA, November, 1989 (With Severin Carlson).

“The Effect of Regulation on the Corporate Strategy of Bankruptcy Avoidance as a Merger Motive,” Presented at the Eastern Finance Association Meetings, Philadelphia, PA, April, 1989 (With Severin Carlson).

“The Effects of Financial Performance and Deregulation in the Trucking and Airline Industries on Worker Safety,” Presented at the American Public Health Association Meetings, Boston, MA, November 13-17, 1988.

“The Relationship Between Corporate Financial Distress, Merger Activity, and Market Deregulation,” Presented at the Financial Management Association Meetings, New Orleans, LA, October 19-22, 1988 (With Severin Carlson).

“The Use of Accounting Rates of Return in Regulation,” Presented at the Sixth Annual NARUC Biennial Regulatory Information Conference, Columbus, Ohio, September 14-16, 1988 (With Shimon Awerbuch).

“Roger Boisjoly and the Challenger Disaster: A Case Study in Management Practice, Corporate Loyalty and Business Ethics,” Presented at the Academy of Management Meetings, Anaheim, CA, August 8-11, 1988 (With Roger Boisjoly, Ellen Foster Curtis, Jeanne Liedtka, Eugene Mellican, and Martin Moser).

“Roger Boisjoly and the Challenger Disaster: A Case Study in Management Practice, Corporate Loyalty and Business Ethics,” Presented at the Eastern Academy of Management Meetings, Washington, D.C., May 12-14, 1988 (With Roger Boisjoly, Ellen Foster Curtis, Eugene Mellican, and Martin Moser).

13 “The Use and Misuse of Accounting Rates of Return in Electric Utility Regulation,” Presented at The Rutgers Public Utility Workshop, New Brunswick, NJ, April 8, 1988 (With Shimon Awerbuch).

“Roger Boisjoly and the Challenger Disaster: A Case Study in Engineering Management, Corporate Loyalty and Ethics,” Presented at the American Society of Engineering Management Meetings, St. Louis, MO, October, 1987, (With Ellen Foster Curtis).

“Roger Boisjoly and the Challenger Disaster: An Insider’s Perspective,” Presented at the Wakefield Retired Men’s Club, October 28, 1987.

“A Photovoltaic Financial Evaluation System: A Case Analysis and Discussion,” Presented to the Board of Directors, Massachusetts Photovoltaic Center, Boston, MA, June 10, 1987 (With Shimon Awerbuch and Yash Puri).

“An Examination of the Hudson Central Business District,” Presented at the Hudson Retail Merchants Association, December 18, 1986 (With Lee Meadow).

“An Examination of the Athol-Orange Central Business District,” Presented at the Athol Chamber of Commerce, December 11, 1986 (With Lee Meadow).

“An Examination of the Wakefield Central Business District,” Presented at the Wakefield Civic Center, December 3, 1986 (With Lee Meadow).

“An Examination of the Ayer Central Business District,” Presented at the Ayer Merchants Association, December 2, 1986 (With Lee Meadow).

“An Examination of the Gardner Central Business District,” Presented at the Gardner Heritage State Park, November 19, 1986 (With Lee Meadow).

“An Examination of the Lawrence Central Business District,” Presented at the Lawrence Downtown Merchants Association, November 5, 1986 (With Lee Meadow).

14 “An Examination of the Fall River Central Business District,” Presented at the Fall River Chamber of Commerce, November 4, 1986 (With Lee Meadow).

“An Examination of the Beverly Central Business District,” Presented at the Beverly Downtown Association, October 29, 1986 (With Lee Meadow).

“A Study of the Restaurant Industry in Greater Lowell,” Presented at the Northeast Regional Science Association Meetings, Lowell, MA, May, 1986 (With George Dery, David Lewis, and Lee Meadow).

“The Bankruptcy Avoidance Rationale for Merger in the Trucking Industry,” Presented at the Northeast Business and Economics Association Meetings, Providence, RI, November, 1984 (With Severin Carlson).

“Motor Carrier Failures: A Predictive Model,” Presented at the Financial Management Association Meetings, San Francisco, CA, October 1984 (With Thomas Corsi).

“Shifts in Indicators of Motor Carrier Bankruptcies: Pre- and Post-Motor Carrier Act,” Presented at the Transportation Research Forum Meetings, November, 1983 (With Thomas Corsi).

“Motor Carrier Failures: A Predictive Model,” Presented at the Eastern Economics Association Meetings, Boston, MA, April, 1983 (With Thomas Corsi).

“The Aftermath of the Motor Carrier Act of 1980: Entry, Exit, and Merger,” Presented at the Transportation Research Forum Meetings, October, 1982 (With Thomas Corsi).

“The Long Run Effects of Merger and the Implications of Deregulation in the Motor Carrier Industry,” Presented at the Financial Management Association Meetings, October, 1980 (With Thomas Corsi).

“An Identification of the Distinguishing Characteristics of Acquired Trucking Firms,” Presented

15 at the Western Finance Association Meetings, San Diego, CA, June, 1980 (With Thomas Corsi).

“The Effects of Merger on Motor Carrier Performance,” Presented at the American Institute of Decision Sciences Meetings, New Orleans, LA, November, 1979 (With Thomas Corsi).

“Dynamic Regulated Firm Behavior Under Threat of Default and Stochastic Regulatory Review,” Presented at the Southern Finance Association Meetings, November, 1979 (With Wayne Lee).

“Optimal Financial Strategies Under Threat of Bankruptcy,” Presented at the Western Finance Association Meetings, Hawaii, Hawaii, June, 1978 (With Wayne Lee).

“Default Risk and the Theory of the Firm,” Presented at the Omicron Delta Epsilon Invited Student Paper Session, American Economics Association Meetings, Atlantic City, NJ, September, 1976.

“Dynamic Regulated Firm Behavior Under Threat of Default,” Presented at the UCLA Public Utilities’ Economics and Finance Seminar, Los Angeles, CA, August, 1976 (With Wayne Lee).

DISCUSSION: Session Chair, “Issues in Bankruptcy and Reorganization,” Financial Management Association Meetings, New Orleans, LA, October 9-12, 1996.

“Cross-National Teaching Forum”, Panel Discussion, World Association of Case Research and Analysis (WACRA) Meetings, Montreal, Canada, June 19, 1994.

“The Response of Competitors to Announcements of Corporate Bankruptcy,” by Stephen Ferris, Anil Makhija, and Narayan Jayaraman, Financial Management Association Meetings, New Orleans, LA, October 22, 1992.

“The Optimal Design of Stock Options in Executive Compensation,” by Leslie Young and Socorro Quintero,

16 Financial Management Association Meetings, Orlando, FL, October 25, 1990.

“Portfolio Selection With Skewness: A Multiple Objective Approach,” by Tsong-Yue Lai, Conference on Financial Economics and Accounting, Rutgers University, New Brunswick, NJ, October 19, 1990.

“Departmental Context and Structure: A Study Across Firms of Changes in Structural Dimensions Within A Generic Department,” by D. Twomey, F. Scherr, and W. Hunt, Northeast Business and Economics Association Meetings, Lowell, MA, November, 1983.

“The Behavior of Tender Offer Prices for Stock Repurchases,” by Myron Slovin and John Polonchek, Southern Finance Association Meetings, November, 1983.

“Risk Perceptions of Institutional Behavior,” by Gail Farrelly and William Reichenstein, Financial Management Association Meetings, October, 1982.

“A Catastrophe Model of Bank Failure,” by Anthony Saunders, Western Finance Association Meetings, San Diego, CA, June 1980.

“Toward a Broader Market Proxy in CAPM,” by Samuel Hadaway and B.L. Moore, Eastern Finance Association Meetings, April, 1979.

“Optimal Financial Structure in the Electric Utilities Industry: An Empirical Evaluation,” by Michael D. Kinsman, Western Finance Association Meetings, Honolulu, Hawaii, June, 1978.

“A Practicable Capital Budgeting Decision Model,” by Elton Scott, Eastern Finance Association Meetings, April, 1977.

OFFICES HELD: Board of Trustees, Lowell Catholic High School, 2005- present.

Homeland Security Task Force, Retail Industry, Palm Beach County Sheriff’s Office, 2007-2009.

17 Board of Directors, Independent University Alumni Association at Lowell, 2002 to 2004.

1580 House Trust, Board of Trustees, 2001 to 2003, 1986 to 1994, and 1984 to 1985. President, 1985; Co- Treasurer, 1986 to 1994. Developed spreadsheet template for managing the financial assets of the Trust.

Design Committee, Magnet School for Business, Computer Applications, and Entrepreneurship, Queens, New York, 1999 - 2000.

Association of Jesuit Business School Deans, Board of Directors, At-Large Representative, 1996-1997; Steering Committee for Consortium MBA in China, 1995- 1997.

Connecticut Technology Council, Education Committee, 1995-1997.

Town of Sturbridge, MA, Planning Board, November, 1994 to 1997; Chair, Route 15 Study Committee, 1996 to 1997.

Town of Stratford, CT, Operations Evaluation Planning Committee, 1991 to 1992.

Northeast Business and Economics Association, Board of Directors, 1990 to 1996.

Massachusetts Photovoltaic Center, Financial Services Planning Committee, 1987-1988.

COLLEGE AND UNIVERSITY SERVICE:

SUNY at Fredonia Vice President of Academic Affairs Council

Lynn University Council of Deans, 2007-2009. PhD Program Director, 2007-2009. Task Force on the Professoriate, 2007-2009.

Stonehill College Council of Chairs, 2004-2006.

18 Part-Time Studies Task Force, 2005-2006. Curriculum Committee, 2005-2006.

Adelphi University: Provost’s Council of Deans, 1999 to 2000. Service and Action Learning Task Force, 1999 Multidisciplinary Task Force, 1999 Assessment Task Force, 1999-2000 Search Committee for Director of International Studies Program, 2000.

Fairfield University: Board of Directors, Center for Financial Studies, 1993-1998. Academic Council, Ex-Officio Member, 1993 to 1997. Undergraduate Curriculum Committee, Ex-Officio Member, 1993 to 1997, Academic Deans Group, 1993 to 1997. Council of Deans, 1993 to 1997. Banner Steering Committee, 1994 to 1997. Disabilities Committee, 1991 to 1997. Search Committee for Assistant Dean, School of Continuing Education, Chairperson, 1990. Academic Support Group, 1989 to 1993. Administrative Board, 1990 to 1993. Graduate Admissions Committee, School of Business, 1989 to 1997.

University of Massachusetts-Lowell: Search Committee for Dean, College of Management Science, 1988, 1989. Search Committee for Assistant Director of Continuing Education, Spring, 1988. Search Committee for Associate Director of Continuing Education, Fall, 1987. Search Committee for Acting Dean, College of Management Science, 1987. University Long Range Planning Committee, 1987. College Personnel Committee, College of Management Science, 1988 to 1989. Undergraduate Curriculum Committee, College of Management Science, 1986 to 1987, 1988 to 1989. Dean’s Advisory Committee, College of Management Science, 1988 to 1989. Long Range Planning Committee, College of Management Science, 1987 to 1989.

19 Graduate Programs Committee, College of Management Science, 1987 to 1988. Doctor of Engineering Program Committee, College of Management Science, 1986 to 1988.

Simmons College Computer Committee Committee on Animal Subjects Graduate Studies Committee National Association of Bank Women, Academic Advisory Board Quantitative Studies Committee Advisor, Finance, Banking, and Investments Society

University of Maryland Academic Council, Division of Behavioral and Social Sciences Graduate Committee, College of Business and Management Coordinator of Finance Doctoral Students, Finance Department Administrative Task Force, College of Business and Management President, Beta Gamma Sigma, 1980 to 1982 Advisor, Delta Sigma Pi, 1978 to 1980.

COURSES TAUGHT Lynn University (BUS 210) Entrepreneurship (RES 897) Qualifying Paper (RES 901) Dissertation Research

Stonehill College (BA 320) Corporate Finance (BA 321) Corporate Finance II (BA 428) Seminar in Financial Management (BA 620) Advanced Corporate Finance

Adelphi University MBA Program: (FIN 630) Corporate Finance

Fairfield University Undergraduate Program (FI 215) Financial Management (FI 330) Applied Financial Management (BU 300) Business Policies

Fairfield University M.S. in Financial Management:

20 (BU 595) Thesis (BU 590) Research Seminar

Fairfield University M.B.A. Program (FI 505) Case Problems in Finance (FI 525) Working Capital Management (FI 401) Financial Management

University of Massachusetts-Lowell Graduate Program in Nursing Administration (61.832) Finance for Health Care Professionals

University of Massachusetts-Lowell Engineering Doctoral Program (61.802) Finance for Engineering Doctoral Students

University of Massachusetts-Lowell M.B.A. Program (61.632) Business Financial Analysis (61.731) Financial Management (61.732) Financial Institutions (61.737) Topics in Corporate Financial Management

University of Massachusetts-Lowell Undergrad Program (61.331) Business Finance (61.431) Financial Management

Simmons College Graduate School of Management Financial Decision Making

Simmons College Department of Management Managerial Finance Monetary Management Investments Financial Planning and Strategy

University of Maryland Doctoral Program Financial Theory

University of Maryland M.B.A. Program Business Finance Financial Institutions

University of Maryland Undergraduate Program Managerial Finance Financial Management

Indiana University M.B.A. Program

21 Money and Capital Markets

Indiana University Undergraduate Program Managerial Finance Investments Financial Management