Michael Walker
Virgil M. Schwarm Professor of Finance and InvestmentsProfessional Summary
Native Texan. Married. Three daughters. Forty-two years as a faculty member at five institutions--26th year at UC.
Contact Information
Phone:
513-556-7078
Fax:
513-556-0979
Teaching Interest
- Corporate finance, financial statement analysis, risk management
Research Interest
- Corporate finance
Organization:
University of Cincinnati
Title:
Virgil M. Schwarm Professor of Finance and Investments, Emeritus
Organization:
University of Cincinnati
Title:
Director of the PhD Program in Business Administration
End Date:
2007-12-31
Organization:
University of Cincinnati
Title:
Virgil M. Schwarm Professor of Finance and Investments
End Date:
2007-12-31
Organization:
University of Cincinnati
Title:
Director of Program Management
End Date:
2006-12-31
Organization:
University of Cincinnati
Title:
Associate Dean for Program Management, College of Business Administration
End Date:
2005-12-31
Organization:
University of Cincinnati
Title:
Academic Director for Undergraduate Programs, College of Business Administration
End Date:
2002-12-31
Organization:
University of Cincinnati
Title:
Professor of Finance
End Date:
1988-12-31
Organization:
North Texas State University (now University of North Texas)
Title:
Professor of Finance
End Date:
1985-12-31
Organization:
North Texas State University (now University of North Texas)
Title:
Associate Professor
End Date:
1980-12-31
Organization:
University of Oklahoma
Title:
Associate Professor of Finance
End Date:
1978-12-31
Organization:
Georgia State University
Title:
Assistant Professor of Finance
End Date:
1975-12-31
Organization:
University of Houston
Title:
Instructor of Finance
End Date:
1970-12-31
Description
Director, PhD Program in Business Administration, College of Business, University of Cincinnati
Dates:
2006-01-01
-
2007-12-31
Description
Academic Director for Program Management, College of Business, University of Cincinnati, 2005-2006
Dates:
2005-01-01
-
2006-12-31
Description
Associate Dean for Program Management, College of Business Administration, University of Cincinnati, March
Dates:
2002-01-01
-
2005-12-31
Description
Academic Director of Undergraduate Programs, College of Business Administration, University of Cincinnati
Dates:
1999-01-01
-
2002-12-31
Description
Department of Finance, University of Cincinnati
Dates:
1985-01-01
-
1998-12-31
Description
Chairman, Department of Finance, Insurance, Real Estate and Law, North
Texas State University
Dates:
1978-01-01
-
1985-12-31
Description
Director, MBA Program, University of Oklahoma, College of Business Administration,
Dates:
1976-01-01
-
1978-12-31
Name:
Beta Gamma Sigma
Name:
Omicron Delta Epsilon
Name:
Who's Who in America
Name:
Who's Who in Education
Name:
Who's Who in Finance & Industry
Name:
Who's Who in the Midwest
Name:
Who's Who in the World
Organization:
Ball State University
Name:
Emmens Distinguished Scholar (Invited)
Year Received:
1997
Organization:
MBA Association, University of Cincinnati
Name:
Nominated for Outstanding Professor
Year Received:
1996
Organization:
MBA Association, University of Cincinnati
Name:
Outstanding Finance Professor
Year Received:
1992
Organization:
Stonier Graduate School of Banking, American Bankers Association
Name:
Ayres Fellow
Year Received:
1974
Organization:
University of Houston
Major:
Economics
Completed:
1971
Degree:
Ph D
Organization:
Ohio State University
Location:
Columbus, OH
Major:
Economics
Completed:
1966
Degree:
MA
Organization:
Austin College
Major:
Economics and Government
Completed:
1965
Degree:
BA
Published Contributions
Title:
Progressive National Bank" and Teaching Note
Author(s):
Walker, Michael
Year Published:
1977
Title:
"Jetway Air Lines Employees Credit Union" and Teaching Note
Author(s):
Walker, Michael
Year Published:
1974
Research in progress
Title:
Tax Cuts and Relative Firm Value
Description:
An examination of the differential impact of tax cuts on the value of firms.
Status:
Planning
Title:
Comparing Theories with Firm Principal Responses on Who Decides To Go Public and Why
Organization:
Southwestern Finance Association
Year:
2007
Title:
Corporate Meetings at the Amex Club—The Price and Volume Reactions [Updated and revised version]
Organization:
Midwest Finance Association
Year:
2001
Title:
The Relationship Between Accounting Measures of Performance and Market Measures of Risk: The Case of Banks
Organization:
Eastern Finance Association
Year:
1998
Title:
The Relationship Between Accounting Measures of Performance and Market Measures of Risk: The Case of Banks
Organization:
Financial Management Association
Year:
1998
Title:
Corporate Meetings at the Amex Club—The Price and Volume Reactions [Updated and version]
Organization:
Midwest Finance Association
Year:
1998
Title:
Corporate Meetings at the Amex Club—The Price and Volume Reactions [Updated version]
Organization:
Midwest Finance Association
Year:
1998
Title:
Sources of Market-Determined Risk of Bank Stocks
Organization:
Eastern Finance Association
Year:
1997
Title:
Founding Family Controlled Firms: Operations, Financing, and Value [Selected as Best Unpublished Research]
Year:
1996
Title:
Founding Family Controlled Firms: Operations, Financing, and Value
Year:
1995
Title:
Effect of Stock Splits on the Ownership Structure of Firms
Year:
1994
Title:
The Impact of Ownership Structure Upon the Efficiency, Profitability, Capital Structure and Value: The Case of Public Firms Controlled by Their Founder or Their Families
Organization:
Financial Management Association
Year:
1994
Title:
The Effect of Founding Family Control Upon Corporate Performance, Capital Structure and Riskiness
Organization:
Midwest Finance Association
Year:
1994
Title:
Effects of Plant Closings on Financial Performance and Value
Organization:
Midwest Finance Association
Year:
1994
Title:
The Impact of Founding Family Control Upon Corporate Performance and Efficiency
Organization:
Eastern Finance Association Meeting
Year:
1994
Title:
The Market's Reaction to Corporate Presentations at the AMEX Club
Organization:
Midwest Finance Association
Year:
1993
Title:
Underwriter Support and the Nature of Returns to Initial Public Offerings
Organization:
Midwest Finance Association
Year:
1993
Title:
Corporate Meetings at the Amex Club—The Price and Volume Reactions
Organization:
Southern Finance Association
Year:
1993
Title:
Market Consequences of Plant Closings
Organization:
Eastern Finance Association
Year:
1992
Title:
Stock Market Reactions to Corporate Presentations at AMEX Clubs
Organization:
Southern Finance Association
Year:
1992
Title:
Stock Splits: Shareholder Effects
Organization:
Southern Finance Association
Year:
1992
Title:
Put Options Introduction: Different from Call Option Introduction
Organization:
Southwestern Finance Association Meeting
Year:
1992
Title:
The Wealth Effects of Corporate Presentations to the Financial Analysts Federation
Organization:
Southwestern Finance Association Meeting
Year:
1992
Title:
Commercial Bank Response to the TRA of 1986
Year:
1990
Title:
Share Price Reactions to Plant Closings
Year:
1990
Title:
An Empirical Study of Market Reaction to Presentations of the Financial Analysts
Year:
1990
Title:
Financial Planning in the Small Firm
Organization:
International Council for Small Business
Year:
1988
Title:
Predicting Industrial Bond Rating Changes
Year:
1985
Title:
The Impact of Deregulation on Trucking Firms
Year:
1985
Title:
Firm Value Maximization as a Basis for Risk Management Decisions
Year:
1984
Title:
The Impact of Deregulation on Natural Gas Firms: An Empirical Study
Organization:
Eastern Finance Association
Year:
1984
Title:
Investors' Perception of Airline, Trucking and Natural Gas Deregulation Acts
Organization:
Eastern Finance Association
Year:
1984
Title:
Firm Usage of Sophisticated Capital Budgeting Techniques Continues to Increase
Year:
1982
Title:
Promised Yield Behavior of Junk Bonds
Organization:
Eastern Finance Association
Year:
1982
Title:
Value Maximization Considerations and Retroactive Liability Insurance for the Firm
Year:
1982
Title:
An Empirical Study of the Market Risk Premium
Year:
1981
Title:
More Evidence on the Adoption of Sophisticated Capital Budgeting Techniques: Further Analysis
Year:
1981
Title:
An Empirical Examination of Risk-Return Estimates for Real Estate Projects
Organization:
Eastern Finance Association
Year:
1980
Title:
More Evidence on the Adoption of Sophisticated Capital Budgeting Techniques
Year:
1980
Title:
Reductions in Corporate Income Tax Rates, Firm Value and Capital Asset Selection
Year:
1979
Title:
Real Estate Valuation Models: A Test of Relative Performance
Organization:
Southwestern Finance Association
Year:
1979
Title:
The Divergence of Management and Shareholder Interests Caused by Executive Stock Options
Organization:
Eastern Finance Association
Year:
1978
Title:
Financial Statement Analysis Through the Use of Decomposition Analysis
Organization:
Southwestern Finance Association
Year:
1978
Title:
An Economic Argument for Pre-Hospital Emergency Care as a Public Utility
Year:
1977
Title:
Financing Pre-Hospital Emergency Care: An Examination of the Alternatives
Year:
1977
Title:
A Model for Estimating Effective Demand for Hospital Services Using Patient Diagnoses
Year:
1976
Title:
A Capital Expenditure Evaluation Model for Health Planning Agencies
Year:
1976
Title:
On the Appropriate Discount Rate for Private Nonprofit Organizations
Year:
1976
Title:
Determining the Collectability of Emergency Ambulance Receivables: A First Stage Analysis
Year:
1976
Title:
The Case for Managing Pre-Hospital Emergency Services as a Competitively Bid,Privately Operated, Regulated Public Utility
Location:
Austin, TX,
Year:
1976
Title:
Toward a More Realistic Model of Common Stock Valuation: A Simultaneous Equation Approach
Year:
1975
Title:
A Goal Programming Approach to the Equitable Distribution of the Net Monetary Benefits of Credit Union Membership
Year:
1975
Title:
Simultaneous Equation Methodology in Finance: A Stock Valuation Example
Year:
1975
Title:
An Examination of the Biases in the distribution of the Net Monetary Benefits of Credit Union Membership Resulting from Regulation and Industry Operating Conventions
Organization:
Southwestern Finance Association
Year:
1975
Title:
Common Stock Valuations: A Macro-economic Approach
Organization:
Eastern Finance Association
Year:
1974
Title:
Credit Union Management: A Goal Programming Approach
Year:
1974
Title:
Commercial Bank Asset Portfolio Composition and Deposit Mix
Organization:
Eastern Finance Association
Year:
1973
