Gordon Alexander

Professor, John Spooner Chair in Investment Management at Carlson School of Management

Schools

  • Carlson School of Management

Links

Biography

Carlson School of Management

Gordon Alexander

Professor, John Spooner Chair in Investment Management

Finance

Education

BS 1969
Business Administration, State University of New YorkBuffalo

MBA 1970
Finance, The University of Michigan

MA 1973
Mathematics, The University of Michigan

PhD 1975
Finance, The University of Michigan

Expertise

Portfolio theory and management

Gordon Alexander received his PhD in finance in 1975 from The University of Michigan, where he also received a Master of Science in mathematics in 1973 and an MBA in finance in 1970. Previously he received a Bachelor of Science in business administration from the State University of New YorkBuffalo in 1969.  He has held appointments as a Visiting Professor at  the Massachusetts Institute of Technology, the University of CaliforniaLos Angeles, and the University of Auckland, and has been an Academic Economic Fellow at the U. S. Securities and Exchange Commission. His area of expertise is in portfolio theory and management and his current research focuses on short selling, risk management, market microstructure, and mutual funds. He has coauthored three books and published articles in academic journals such as the_ Journal of Finance_, the Review of Financial Studies, the Journal of Financial Economics, the Journal of Monetary Economics, Management Science, the Journal of Business, the Journal of Financial and Quantitative Analysis, the Journal of Financial Intermediation, the Journal of Economic Dynamics and Control, the Journal of Financial Markets, the Journal of Corporate Finance, the Journal of Empirical Finance, and Financial Management.  He currently serves on the editorial boards of the European Journal of Finance, the Quarterly Journal of Finance, the Journal of Economics and Business, and The Financial Review. Previously he served on the editorial boards of the Journal of Finance and the Journal of Financial and Quantitative Analysis. In 200809 he was president of the Midwest Finance Association; 199597 he was a director and in 20142016 he served as VicePresident Financial Education of the Financial Management Association. In 2015 he received the Lifetime Achievement Award from the Midwest Finance Association.

Selected Works

"Does the Basel Capital Accord Reduce Bank Fragility? An Assessment of the ValueatRisk Approach," Gordon J. Alexander and Alexandre M. Baptista, Journal of Monetary Economics (October 2006).

"Economic Implications of Using a MeanVaR Model for Portfolio Selection: A Comparison with MeanVariance Analysis," Gordon J. Alexander and Alexandre M Baptista, Journal of Economic Dynamics and Control (July 2002).

"Short Selling on the New York Stock Exchange and the Effects of the Uptick Rule," Gordon J. Alexander and Mark A. Peterson, Journal of Financial Intermediation (JanuaryApril 1999).

"An Analysis of TradeSize Clustering and its Relationship to Stealth Trading," Gordon J. Alexander and Mark A. Peterson, Journal of Financial Economics (May 2007).

"Does Motivation Matter When Assessing Trade Performance? An Analysis of Mutual Funds," Gordon J. Alexander, Gjergji Cici, and Scott Gibson, Review of Financial Studies (January 2007).

"The Effect of Price Tests on Trader Behavior and Market Quality: An Analysis of Reg SHO," Gordon J. Alexander and Mark A. Peterson, Journal of Financial Markets (February 2008).

"Active Portfolio Management with Benchmarking: Adding a ValueatRisk Constraint," Gordon J. Alexander and Alexandre M. Baptista, Journal of Economic Dynamics and Control (March 2008).

Current Activities

Current Research

Short selling

Risk management

Market microstructure

Mutual funds

Editorial Appointments

Editorial Board, European Journal of Finance

Advisory Editor, Financial Review

Editorial Board, Journal of Economics and Business

Editorial Board, Quarterly Journal of Finance

Honors and Awards

Best Risk Management Paper, Financial Management Association Conference, 2006

Best Market Microstructure Paper, Financial Management Association Conference, 2003

Fulbright Fellowship, 1989

Best Investments Paper, Midwest Finance Association, 2012

Best Investments Paper, Southern Finance Association, 2007

Best Financial Institutions Paper, Southern Finance Association, 2013

Scholarly Service

Director 199597 and VicePresident Financial Education 20142016, Financial Management Association

Member, Discipline Advisory Committee for Fulbright Scholar Awards in Business Administration, 199295

Appointed Advisor Professor, Chongqing University, 1993

Keynote Speaker, International Finance Conference, 2003 and 2005; French Finance Association, 2007

President, Midwest Finance Association, 200809

Read about executive education

Other experts

Jonathan Berk

Research Statement Jonathan Berk’s research is primarily theoretical in nature and covers a broad range of topics in finance including delegated money management; asset pricing (the relation between stock returns and characteristics of the firm, such as accounting numbers, investment, firm size, ...

Ramayya Krishnan

A faculty member at CMU since 1988, Krishnan was appointed Dean when the Heinz College was created in 2008. He was reappointed upon the completion of his first term as Dean in 2014. Krishnan was educated at the Indian Institute of Technology and the University of Texas at Austin. He has a Bachel...

Looking for an expert?

Contact us and we'll find the best option for you.

Something went wrong. We're trying to fix this error.