Geoffrey Smith

Geoffrey Smith

Clinical Professor, W. P. Carey Finance
  • gps@asu.edu
  • 480-965-8623
  • ‌
  • BAC 525 TEMPE, AZ 85287
  • Mail code: 3906
    Campus: Tempe
  • ‌
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Long Bio

Geoffrey Smith was born in Methuen, Massachusetts, the only city in the world named for Paul Methuen, and also the birthplace of Nobel Prize winner Elias James Corey, and of Major Robert Rogers, commander of the famous Rogers' Rangers, whose 28 "Rules of Ranging," written in 1757, are still used by the U.S. Army Ranger School. He earned his high school diploma from Brooks School in 1986, his bachelor's from Bradley University in 1989, his master's from DePaul University in 1992, and his doctorate from the University of Georgia in 2006.

From 1990 to 2001, he worked in corporate finance at Newark Electronics, in commercial lending at First NH Bank (n/k/a Citizens Bank), and in municipal finance at New Hampshire Housing Finance Authority. During this time, Professor Smith would also teach night classes in economics and finance at New Hampshire College (n/k/a SNHU). He has also held faculty positions at the University of Illinois at Urbana-Champaign and Tulane University. His research is published in Critical Finance Review, Finance Research Letters, Financial Accountability & Management, Financial Review, Journal of Wealth Management, and Review of Quantitative Finance and Accounting.

Education
  • B.S. Bradley University 1989
  • M.B.A. DePaul University 1992
  • Ph.D. University of Georgia 2006
CV
Curriculum Vitae (58.65 KB)
Publications

Journal publications

"Predicting the debt-equity decision" Finance Research Letters, 48 (2022)

"A new look at expected stock returns and volatility" with Russell P. Robins Critical Finance Review, Forthcoming

"Selection bias and pseudo discoveries on the constancy of stock return anomalies" with Russell P. Robins Review of Quantitative Finance and Accounting 55(4) (2020)

"On structural changes in the holiday effect" with Russell P. Robins Journal of Wealth Management 21(4) (2019)

"On unmodeled breaks in the turn of the year, turn of the month, and January effects" with Russell P. Robins Financial Review 52(4) (2017)

"No more weekend effect" with Russell P. Robins Critical Finance Review 5(2) (2016)

"Weekday variation in the leverage effect: A puzzle" Finance Research Letters 17 (2016)

"New evidence on sources of leverage effects in individual stocks" Financial Review 50(3) (2015)

"Google Internet search activity and volatility prediction in the market for foreign currency" Finance Research Letters 9(2) (2012)

"Capital structure determinants for tax-exempt organisations: Evidence from the UK" Financial Accountability & Management 28(2) (2012)

"What are the capital structure determinants for tax-exempt organizations?" Financial Review 45(3) (2010)

Other publications

"Selection bias and causal inference on the constancy of stock return anomalies" EBSCO's Pathways to Research, Forthcoming

Courses
2022 Fall
Course Number Course Title
FIN 456 International Financial Mgmt
FIN 361 Advanced Managerial Finance
FIN 456 International Financial Mgmt
FIN 361 Advanced Managerial Finance
2022 Spring
Course Number Course Title
FIN 501 Basics of Managerial Finance
FIN 456 International Financial Mgmt
2021 Fall
Course Number Course Title
FIN 456 International Financial Mgmt
FIN 421 Security Analys Portfolio Mgmt
FIN 560 International Finance
FIN 456 International Financial Mgmt
FIN 560 International Finance
2021 Spring
Course Number Course Title
CIS 591 Seminar
FIN 302 Managerial Finance
FIN 456 International Financial Mgmt
2020 Fall
Course Number Course Title
FIN 456 International Financial Mgmt
FIN 456 International Financial Mgmt
FIN 300 Fundamentals of Finance
FIN 300 Fundamentals of Finance
2020 Spring
Course Number Course Title
CIS 591 Seminar
2019 Fall
Course Number Course Title
FIN 456 International Financial Mgmt
FIN 456 International Financial Mgmt
FIN 421 Security Analys Portfolio Mgmt
2019 Spring
Course Number Course Title
FIN 501 Basics of Managerial Finance
FIN 421 Security Analys Portfolio Mgmt
FIN 456 International Financial Mgmt
2018 Fall
Course Number Course Title
FIN 456 International Financial Mgmt
FIN 502 Managerial Finance
FIN 456 International Financial Mgmt
2018 Spring
Course Number Course Title
FIN 501 Basics of Managerial Finance
FIN 421 Security Analys Portfolio Mgmt
FIN 456 International Financial Mgmt
2017 Fall
Course Number Course Title
FIN 456 International Financial Mgmt
FIN 300 Fundamentals of Finance
FIN 361 Advanced Managerial Finance
FIN 300 Fundamentals of Finance
Honors / Awards

List of teachers ranked as excellent by their students, University of Illinois at Urbana-Champaign

Service

Television, radio, and print appearances

"Ask the experts: How does a secured credit card with no annual fee make the issuer money?"  WalletHub

"Posts misrepresent satirical article about Disney stock price" AP News

"With a turbulent Dow, what should you do with your 401(k) retirement account?" USA Today

"Ask the experts: Best business credit card practices" WalletHub

"Is there a future for cryptocurrency?" ABC 15 Arizona

"What does the current stock market environment mean for investors?" ABC 15 Arizona

"Pros and cons of investing using the Robinhood app" FOX 10 Phoenix Arizona Morning

"Live interview on GameStop stock rally and short selling" FOX 10 Phoenix Arizona Morning

"Coronavirus pandemic causes a coin shortage" Arizona PBS Arizona Horizon

"Are we headed for another recession?" NBC Phoenix 12News

"Live interview on Bitcoin and cryptocurrency" FOX10 Phoenix Newsmaker Sunday

"Live interview on economics and the US Presidential race" FOX 10 Phoenix Arizona Morning Sunday at 6:00am

"What Is the potential economic impact of Bitcoin?" KJZZ 91.5 FM Phoenix

"Columnist proposes putting business leaders on Fed Board of Governors" KJZZ 91.5 FM Phoenix

"How bonds can calm anxious investors" U.S. News & World Report

"Bitcoin beats gold again" Forbes

"All those earnings beats: Legit, rigged or stretched?" Phoenix Business Journal

"Are stock market anomalies merited? The 'Monday effect' debunked'" Benzinga

"Bitcoin digital currency is starting to appear in New Orleans small businesses" New Orleans Times-Picayune

"ASU research helps debunk myth of stock market 'weekend effect'" ASU Now: Access, Excellence, Impact

"Decoding the mystery of stock return anomalies" W. P. Carey News and Research

"Don't bet on holiday effect to boost market returns" W. P. Carey News and Research

"Cryptocurrency: The future of money?" W. P. Carey News and Research

Conference presentations

Financial Management Association

Midwest Finance Association

Southern Finance Association

Western Finance Association

Referee

Financial Review

International Review of Economics and Finance

Journal of Banking and Finance

Journal of Commodity Markets

Journal of Corporate Finance

Journal of Financial Markets

Journal of Multinational Financial Management

Textbook reviews

Financial Markets and Institutions 8e by Jeff  Madura

International Financial Management 8e by Cheol Eun and Bruce Resnick

Principles of Corporate Finance 9e by Richard A. Brealey, Stewart C. Myers, and Franklin Allen

Principles of Finance by Sheridan Titman, John D. Martin, and Art Keown

Other activities

Faculty Advisor, Sun Devil Stock Exchange Club, Arizona State University

Honors Faculty, Barrett, the Honors College, Arizona State University

Judge, ACG Cup MBA Case Study Competition, Tulane University

Director of the Finance Academy, University of Illinois at Urbana-Champaign

Number one in the U.S. for innovation. #1 ASU, #2 Stanford, #3 MIT. - U.S. News and World Report, 5 years, 2016-2020
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