91ÊÓƵ

Byrnes Research Seminar

The Vision

The Byrnes Accounting and Finance Research Seminar Series is a component of the first funded professorship at the 91ÊÓƵ College of Business. It was established by Carol Jean Byrnes in 2003 as part of the Donald and Carol Jean Byrnes Professorship in Finance, an endowment created by Carol in honor of her late husband. Donald Byrnes was a 1949 UM alumnus and CEO of Spalding and Evenflo companies. Don played an active role at UM and was a frequent guest lecturer in the College of Business (COB). He always felt his background and UM education shaped him into the man he became.

The lecture series showcases internationally renowned experts in accounting and finance.  Don and Carol Jean believed that the key to a strong institution is its people and the investment in people is fundamental to the future success of UM.

The Byrnes Professorship and Seminar Series gives COB a competitive advantage to recruit and retain professors and leading scholars. It was important to Don and Carol to create opportunities for students to learn and develop skills that rival other national College of Business degree programs.

Donald and Carol Jean Byrnes Professor of Finance

The program is coordinated by , Donald and Carol Jean Byrnes Professor of Finance.Ìý Prof. Jakob is a tenured full professor of finance at the University Montana. He studied at the University of Utah from 1987 to 2000. He received a B.S. in chemistry, a master's in Civil and Environmental Engineering, and a Ph.D. in finance. He started teaching at the 91ÊÓƵ in 2000, and he has instructed courses in the areas of corporate finance, investments, real estate and financial statement analysis.

During his tenure at the College at the 91ÊÓƵ, Prof. Jakob has also maintained an active research agenda. His research interests are in dividends, market-microstructure, corporate finance, IPOs, international finance and mutual fund performance. Prof. Jakob has published papers in prestigious journals, including the Journal of Financial Economics, Financial Management, the Journal of Financial Research, the Journal of Empirical Finance, The Financial Review, the Journal of Applied Finance, Journal of Multinational Financial Management, the Journal of Investing, the Global Finance Journal, the Journal of Performance Measurement, Financial Services Review, The Journal of Index Investing and the Case Research Journal.

Prof. Jakob has also consulted and helped run various businesses and has acted as an expert witness regarding financial fraud. At the 91ÊÓƵ, Prof. Jakob has been awarded prestigious teaching awards and various research grants and fellowships.Ìý In 2004, Prof. Jakob visited the Pontificia Universidad Catolica de Chile for a short-term faculty exchange, and for the academic 2007-2008 year he was on a faculty exchange at the University of Granada, Spain. During the 2011-2012 academic year Prof. Jakob was a visiting scholar on sabbatical at Tel Aviv University.

Past Presenters of the Byrnes Research Seminar

semester, name, title, institution or organization and paper of past presenters

Semester	Ìý±·²¹³¾±ð	Title	Institution/Organization	Ìý±Ê²¹±è±ð°ù
Spring 2016	Lisa (Zongfei) Yang	Assistant Professor of Finance	Montana State University	Underbracing of Corporate Bond Offerings:Ìý Evidence and Determinants
Spring 2015	John Sweeney	Director of Accounting, Professor	University of Kansas	Are Workpaper Reviews Preparer-Specific?
Spring 2014	Jason Smith	Assistant Professor of Finance	Utah State University	Debt and Taxes at Multinational Corporations
Spring 2013	Alon Kalay	Ìý	Columbia Business SchoolÌý	The Bond Discount Puzzle
Fall 2012	Ryan Whitby	Ìý	Utah State University	Speculative Trading in REITs
Spring 2012	Lee J. Yao, PhD	Ìý	Loyola University	Accounting Ethics Education
Fall 2011	Jeremy Griffin, PhD	Ìý	University of Notre Dame	Concurrent Processing of Accounting Issues and Auditors Evidence Evaluation Decisions
Fall 2011	Robert Ballsrud, CPA, CFA	Ìý	Busey Wealth Management	Wealth Management: Implementing Best Ideas
Spring 2011	Dr. Dan Stone	Ìý	University of Kentucky	Tracing the Birth and Evolution of Mundane Online Crime: Routine Activity Theory (RAT) and the Sustainable Online Auction Con
Spring 2011	Dr. Michael Cooper	Ìý	University of Utah	Fee dispersion and persistence in the mutual fund industry
Fall 2010	Keejae P. Hong	Ìý	Department of Accounting, College of Business, University of Illinois at Chicago	Where does the investment value of target prices come from?
Fall 2010	Marlene Plumlee	Associate Professor of Accounting, David Eccles Faculty Fellow	University of Utah	Voluntary Environmental Disclosure Quality and Firm Value: Further Evidence
Spring 2010	Dobrina Georgieva	Assistant Professor of Finance	University of St.Thomas	Alternative Paths of Convergence toward U.S. Market and Legal Regulations: Cross-listing vs. Merging with U.S. Bidders
Spring 2010	Dr. Greg Durham	Assistant Professor of Finance	Montana State University	Do Investors Categorize?Ìý Evidence from the College Football Betting Market
Fall 2009	Julia Higgs	Associate Professor of Accounting	School of Accounting, Florida Atlantic University	Audit Partner Rotation: An Analysis of Benefits and CostsÌý
Fall 2009	Brian Allen	Partner	KPMG	Mr. Allen will be discussing IFRS accounting standards.
Fall 2009	Jim Schallheim	Jake Garn Professor of Finance	The David Eccles School of Business, University of Utah	A Test of the Substitution between Debt and Leases Using Sale-and-Leaseback TransactionsÌý
Spring 2009	Jacqueline S. Hammersley	Ìý	Tull School of Accounting, Terry College of Business, University of Georgia	How Do Audit Seniors Respond to Increased Perceptions of Fraud Risk?
Spring 2009	Orly Sade	Ìý	Stern School of Business, NYU, Jerusalem School of Business, Hebrew University of Jerusalem	Debt auctions: Uniform or discriminatory?
all 2008	Jim Hunton	Darald and Juliet Libby Professor of Accounting, Bentley College Research Professor	Bentley College, Accounting and Information Management, Universiteit Maastricht, The Netherlands	Comparing Nominal Group, Round Robin and Open Discussion Techniques: A Field Experiment in Fraud Brainstorming
Fall 2008	Gary Caton	Assistant Professor of Finance	Montana State University	Earnings Management Surrounding Seasoned Bond Offerings: Do Managers Seek to Mislead Rating Agencies and the Bond Market?
Spring 2008	Joe Vinso	President	Financial Resources Management, Inc	ÌýValuing Closely Held Business Interests
Spring 2008	Cliff Sheets	Chief Investment Officer	Montana Board of Investments	Institutional Investing
Spring 2008	Carolyn Callahan	Doris M. Cook Chair in Accounting	University of Arkansas	Firm Partnerships and Alliances: The Impact of Partnering Relationships on Operating Risk and Financial PerformanceÌý
Fall 2007	Barbara Chaney	Ìý	91ÊÓƵ	The Association of Accounting Indicators with Municipal Bond Interest Costs
Fall 2007	Scott Linn	Ìý	University of Oklahoma	Operating Performance Changes Associated with Corporate Mergers and the Role of Corporate Governance
Fall 2007	Sean Peffer	Ìý	University of Kentucky	The Effects of Budget Levels, Participation, and Repeated-Interaction on Employee EffortÌý
Spring 2007	Anthony Aaron	ASA	ÌýErnst & Young	ÌýFASB 157
Spring 2007	Paul Bahnson	Ìý	ÌýBoise State University	The Top Ten Reasons to Change the Conceptual Framework
Spring 2007	Jim Leisenring	Ìý	ÌýInternational Accounting Standards Board	Convergence of Accounting Standards
ÌýSpring 2007	Marjorie Shelley	Ìý	ÌýTexas A & M	The Effects of Group Identification and Decision Disclosure on Individuals Decisions to Incur Personal Cost to Reduce Group Risk
ÌýFall 2006	Daniel A. Rogers	Ìý	ÌýPortland State	Repurchases, Employee Stock Option Grants, and Hedging
Fall 2006	Jesse Dillard	Ìý	ÌýPortland State	Beyond Competition: Institutional Isomorphism in U.S. Accounting Research
Fall 2006	Harry Turtle	Ìý	ÌýWashington State University	Measuring Performance in a Dynamic World: Conditional Mean-Variance Fundamentals
Spring 2006	Garry Hecht	Ìý	ÌýEmory University	Dividing the pie: Do managers fully incorporate non-contracted information into full and partial discretionary bonus allocations?
Spring 2006	Susan D. Krische	Ìý	ÌýUniversity of Illinois	ÌýEmployees Perceived Value of Their Stock Option Holdings: Factors Affecting the Cost-Value Gap
Spring 2006	Harry Turtle	Ìý	ÌýWashington State University	Ìý
ÌýSpring 2006	Marjorie Shelley	Ìý	Texas A & M	An Experimental Investigation of Ambiguity Effects on Analysts' Revision Decisions and Managers' Guidance Choices.
ÌýSpring 2006	Pervin Shroff	Ìý	University of Minnesota Ìý	ÌýFundamentals-Based Risk Measurement in Valuation
ÌýSpring 2006	Patricia M. Dechow	Ìý	University of Michigan	Ìý
Fall 2005	Russell Lundholm	Ìý	ÌýUniversity of Michigan	The Extreme Future Stock Returns following Extreme Earnings Surprises
Fall 2005	ÌýDonna Paul	Ìý	ÌýWashington State University	Corrective Action: Evidence from Corporate Restructuring following Bad Acquisition Bids
Fall 2005	ÌýCharles Bame-Aldred	Ìý	ÌýWashington State University	ÌýSignaling in the Accountant Labor Market
Fall 2005	ÌýScott C. Linn	Ìý	ÌýUniversity of Oklahoma	Complexity and the Character of Stock Returns: Empirical Evidence and a Model of Asset Prices Based Upon Complex Investor Learning
Fall 2005	ÌýKevin Stocks	Ìý	ÌýBrigham Young University	ÌýPre PhD Program
Spring 2005	ÌýGordon J. Alexander	Ìý	ÌýUniversity of Minnesota	ÌýDoes Motivation Matter When Assessing Trade Performance? An Analysis of Mutual Funds
Spring 2005	ÌýCatherine Shakespeare	Ìý	ÌýUniversity of Michigan	ÌýDifferential Properties in the Ratings of Certified vs. Non-Certified Bond Rating Agencies
Spring 2005	ÌýRichard Sias	Ìý	ÌýWashington State University	ÌýWhy has Firm-Specific Risk Increased over Time?
Spring 2005	Kathryn Kadous	Ìý	ÌýEmory University	ÌýUsing Counter-Explanation to Limit Analysts' Forecast Optimism
ÌýFall 2004	ÌýTheodore J. Mock	Ìý	ÌýUniversity of Southern California	The Framing and Evaluation of Multiple Hypotheses
Fall 2004	ÌýWilliam L. Felix, Jr.	Ìý	ÌýUniversity of Arizona	ÌýThe Demand for Auditing: Evidence on the Effect of Venture Capitalist Presence in Initial Public Offerings
Fall 2004	ÌýW. Steven Albrecht	Ìý	ÌýBrigham Young University	Strategic Fraud Detection: A technology-based model
ÌýFall 2004	ÌýW. Steve Albrecht	Ìý	ÌýBringham Young University	Research in Fraud Detection
Spring 2004	ÌýKeith Vorkink	Ìý	ÌýBringham Young University	ÌýInvestor Overconfidence and Trading Volume
Spring 2004	ÌýAris Protopapadakis	Ìý	ÌýUniversity of Southern California	Budget Deficits, Current Account Deficits and Interest Rates:Ìý The Systematic Evidence on Ricardian Equivalence
Spring 2004	ÌýE. Han Kim	Ìý	ÌýUniversity of Michigan	To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation
Fall 2003	ÌýSteven Thorley	Ìý	ÌýBrigham Young University	Portfolio Constraints and the Fundamental Law of Active Management PowerPoint Slides
Fall 2003	ÌýMary Beth Armstrong	Ìý	ÌýCal Poly San Luis Obispo	Professionalism and Ethics In Accounting Education PowerPoint Slides
Fall 2003	ÌýTongshu Ma	Ìý	ÌýUniversity of Utah	ÌýProspect theory and the long run performance of IPO stocks
Fall 2003	ÌýMichael Lemmon	Ìý	ÌýUniversity of Utah	ÌýExercise Behavior and the Valuation and Incentives Associated with Employee Stock Options