Curriculum Vitae

Robert R. Irons, Ph.D.

Associate Professor of Finance

Elmira College                                                                                                        

One Park Place                                                                                                       

Elmira, NY 14901                                                                                                    

607-735-1874

 

Education

       Ph.D. in Management, Concentration in Finance, Illinois Institute of Technology, December 2012.

       MBA in Finance, Northeastern Illinois University, August 1995.

       BS in Finance, Magna cum Laude, Northeastern Illinois University, May 1994.

 

Academic and Administrative Appointments

Associate Professor of Finance, Elmira College, 2015 – Present.

Associate Professor of Finance and Statistics, Dominican University, 2014 – 2015.

Assistant Professor of Finance and Statistics, Dominican University, 2007 – 2014.

AACSB Impact of Research Committee Chair, 2014 – 2015.

AACSB Accreditation Coordinator, Dominican University, 2013 – 2014.

Assurance of Learning Committee, Dominican University, 2010 – 2015.

Coordinator, Business Administration Major, Dominican University, 2010 – 2015.

Clinical Adjunct Instructor, Dominican University, 1998 – 2007.

Adjunct Instructor, Northeastern Illinois University, 1997 – 1998.

 

Teaching Experience

Courses Taught:

Financial Inequality in America

Financial Modeling

Corporation Finance

Case Problems in Financial Management

Investments I

Investments II

Portfolio Management

Managerial Finance

Financial Decision Making

Investment Analysis

Quantitative Methods in Managerial Decision Making

Finance in the Health Care Sector

International Finance

Statistics for Business and Economics

Financial Markets and Institutions

Derivatives

Corporate Valuation


Professional Development

Reviewer, Journal of Investing

Reviewer, International Review of Economics and Finance

Associate Editor, Global Economics and Finance Journal

Editorial Board Member, Economics, Commerce and Trade Management: An International Journal

Reviewer, Journal of Financial Education

Reviewer, Emerging Markets Finance and Trade

Academic Reviewer, “Choice: Current Reviews for Academic Libraries”

 

Refereed Publications

“Scandinavian Furniture Corporation: Determining the Optimal Capital Budget,” forthcoming, Journal of Finance Case Research, 2017.

“A Demand and Supply Analysis of the Confluence of Student Loans Stakeholder Interests,” with Peter Alonzi and Khalid Razaki, Journal of Business & Economics Research, Vol. 13, Issue 1, 2015.

“Enhancing the Dividend Discount Model to Account for Accelerated Share Price Growth,” Journal of Accounting and Finance, Vol. 14, Issue 4, 2014.

"Will the Market P/E Ratio Revert to its Mean?,” with Tao Wu, Investment Management and Financial Innovations, Vol. 10, Issue 12, 2013.

"The Relative Valuation of US Equities at Bear Market Bottoms: A Perspective on the Equity Risk Premium," with Robert A. Weigand, Investment Management and Financial Innovations, Vol. 9, Issue 2, 2012.

"Gresham's law Revamped: Lending for Short-Term Profits Drives Out Prudent Long-Term Lending", with Peter Alonzi and Michael Hunstad, Financial Decisions, Winter 2011.

“The Financial Performance of U.S. Commercial Banks 2001-2010”, with Robert A. Weigand, Banks and Bank Systems, Vol. 6, No. 3, 2011.

“Creating a Capital Budgeting Analysis in Excel”, with Jessica Collins and Robert A. Weigand, Journal of Instructional Techniques in Finance, Vol. 3, No. 1, Fall 2011.

"Centering the Business Capstone Course on the Banking Crisis: Concrete Integrated Pedagogy", with Peter Alonzi, Khalid Razaki and Wayne Koprowski, Research in Higher Education Journal, Vol. 9, October 2010.

"The Global Economic Crisis and Interdisciplinary Business Education", with Peter Alonzi and Khalid Razaki, Journal of Business and Behavioral Sciences, Vol. 21, No. 2, Spring 2010.

"Asymmetric Information, Moral Hazard, and Agency Problems in Bank Lending", with Peter Alonzi and Khalid Razaki, Financial Decisions, Vol. 22, No. 2, Winter 2010.

“Family Furniture Corporation: Analyzing the Effect of a Pure Capital Structure Change on the Value of a Firm”, with Robert A. Weigand, Journal of Finance Case Research, Vol. 10, No. 1, Fall 2008.

“Market Signals for a Bonds-First Withdrawal Sequence to Extend Portfolio Longevity”, with Robert A. Weigand, Journal of Financial Planning, November 2008.

“Compression and Expansion of the Market P/E Ratio – The Fed Model Explained”, with Robert A. Weigand, Journal of Investing, Vol. 17, No. 1, Spring 2008.

“Capital City Corporation: A Case Study in Financial Analysis and Forecasting for Shareholder Value Creation”, with Robert A. Weigand, Journal of Finance Case Research, Vol. 9, No. 2, Fall 2007.

The Market P/E Ratio, Earnings Trends and Stock Return Forecasts”, with Robert A. Weigand, Journal of Portfolio Management 33, Summer 2007.

"Does the Market P/E Ratio Revert Back To ‘Average’?”, with Robert A. Weigand, Investment Management and Financial Innovations, No. 3, 2006.

 

Non-Refereed Publications

“The Finance Survival Guide: How to Solve Word Problems in Finance”, Thomson Custom Publishing, ISBN #0759334420 (2003).

“An Empirical Test of the Agency-Cost Theory of Dividend Policy”, with Narendar Rao, Proceedings of the 1995 Midwest Decision Sciences Institute Conference, May, 1995.

“Empirical Evaluation of Diversification as a Strategic Management Option”, with Anil Pandya and Narendar Rao, Proceedings of the 1993 Midwest Decision Sciences Institute Conference, April, 1993.

 

Conference Papers and Presentations

“We Have Met the Enemy and He is Us: Lessons Learned from the Financial Crisis”, US Bank Center for Economic Education, Dominican University, March 2011.

"Credit Bubble Incentives? The Effect of the Confluence of Manager vs. Owner Time Horizons, Capital Requirements, Securitization, and Executive Compensation in Bank Lending", Southern Finance Association Annual Conference, November 2010.

"The Global Economic Crisis and Interdisciplinary Business Education", American Society of Business and Behavioral Sciences Annual Conference, February 2010.

"Asymmetric Information, Moral hazard, and Agency Problems in Bank Lending", Symposium on Examining Causes, Effects and Consequences of the Financial Crisis, October 2009.

“Market Signals for a Bonds-First Withdrawal Sequence to Extend Portfolio Longevity”, Southern Finance Association Annual Conference, November 2008.

“Family Furniture Corporation: Analyzing the Effect of a Pure Capital Structure Change on the Value of a Firm”, Midwest Finance Association Annual Conference, February 2008.

“Does the Market P/E Ratio Revert Back to ‘Average’?,” Southern Finance Association Annual Conference, November 2006.

Forecasting Stock Returns using the Market P/E Ratio”, Financial Management Association Annual Conference, October 2005

“An Empirical Test of the Agency-Cost Theory of Dividend Policy”, Midwest Decision Sciences Institute Annual Conference, April 1993.

Working Papers and Research in Progress

“Financing Working Capital with Level Production and Seasonal Demand,” in development.

 

Service

      Curricular Policy Committee, Elmira College, 2016 -- Present

      Post-Tenure Review Committee, Dominican University, 2014 -- 2015

      Chair, Committee on Faculty Elections, Dominican University, 2011 – 2014

      Coordinator, Business Administration Major, Dominican University, 2010 – 2015

      Assurance of Learning Committee, Dominican University, 2010 -- 2015

      Committee on Faculty Elections, Dominican University, 2008 -- 2011

      Alternate for Institutional Review Board, Dominican University, 2008 -- 2011

 

 Select Work Experience

United Airlines: Senior Staff Specialist – Worldwide Sales Operations, 2006 – 2007

·         Created & developed worldwide commissions reporting process.

·         Project leader for 2007 worldwide commissions planning process.

·         Hired to teach statistics to other analysts in the department.

 

AT&T: Associate Director – Financial Analysis, 2000 – 2006

·         Responsible for annual budgets for Midwest Finance department, Miscellaneous Wireline division and External Affairs division, representing over $300 Million in annual expenses.

·         Developed Monte Carlo simulation model using Crystal Ball software to forecast future income statements for Midwest Finance division.

·         Created tutorial for Corporate Fraud leadership team on how to analyze financial statements.

 

Aetna Insurance: Financial Consultant, 1999 – 2000

·         Obtained and analyzed data from mainframe databases using SAS to produce reports for Finance and Marketing departments.

·         Performed ad hoc data analysis.

·         Consulted for other departments for data analysis projects.

 

Loyola University: Financial Analyst, 1998 – 1999

·         Financial advisor to the Dean of the Graduate School, the Dean of the Business School, the Dean of the Medical School, and the Vice President of Student Affairs for new project proposals.

·         Developed spreadsheet model that allowed Deans to see how changes in enrollment assumptions impact tuition revenue.

·         Developed and presented financial analysis of new academic programs.

 Honors

        Sigma Beta Delta International Honor Society, lifetime member

        Alpha Chi Honor Society, Illinois Zeta Chapter, 1993

 

Professional Affiliations and Memberships

Treasury Management Association of Chicago - January 2010 – December 2012