Roy Wiggins

Roy (Chip) Wiggins is a Trustee Professor of Finance, the Director of the Bentley Microcredit Initiative, and a past Dean of Business and the McCallum Graduate School of Business. His teaching and research focuses on corporate governance, ownership and control. He teaches graduate and undergraduate courses in microfinance, corporate and financial strategy, advanced corporate finance topics and equity markets. His research interests include board of director effectiveness and compensation; executive compensation; corporate expansions such as mergers & acquisitions, joint ventures and reverse takeovers; and higher education strategy and governance. Wiggins began teaching at Bentley in 1996 as an assistant professor. He was tenured and promoted to associate professor in 2002 and to full professor in 2007. Prior to that, he taught at Georgia State University and Kennesaw State University. He has designed and delivered executive education programs for schools including Bentley University, Georgia State University and Northeastern University; for companies such as Georgia Pacific, LL Bean, Arbella Insurance and Digital Equipment; and for professional/trade associations like the Turnaround Management Association, the Northeast Gas Association and the National Investor Relations Institute. Wiggins holds a Doctor of Philosophy and a Master of Science in Finance from Georgia State University. He has a Bachelor of Arts in English, with a concentration in creative writing from Florida State University.

Education

• Ph.D. Georgia State University
• M.S. Georgia State University
• B.A. Florida State University

Teaching Interests

• Microfinance;
• Corporate & Financial Strategy;
• Equity Markets

Research Interests

• Board of Director Effectiveness;
• Incentive Compensation;
• Corporate Governance;
• International Equity Markets;
• International M&A and Joint Ventures;
• Microfinance
• Higher Education Strategy & Governance

Consulting/Practice Interests

• Financial Analysis;
• Value-based Management Systems;
• Board of Director Effectiveness

Awards and Honors

• 2008, Edward F. Gibbons Research Professor of Finance
• 2007, Martin Luther King, Jr. Faculty Recognition Award
• 2006, Journal of Financial Research, Outstanding Article Award for 2006
• 2004, Edward F. Gibbons Research Professor of Finance

Publications

Journal Articles

• Wiggins, R. A., Sims, J. A. (2022). Leveraging stakeholder engagement to reconstitute a diverse business advisory council. Journal of Education Advancement & Marketing, (7) 2 188-205.
• Wiggins, R. A., Sims, J. A. (2021). Two Birds with One Program: How Business Schools Can Support their Entrepreneurial Stakeholders and Generate New Revenue. Journal of Education Advancement & Marketing, (6) 3 279-300.
• Silva, A. C., Chavez, G. A., Wiggins, R. A. (2015). Earnings Management, Country Governance and Cross-listing: . Global Journal of Emerging Market Economies, (7) 1 4-20.
• Mathur, I., Wiggins, R. A., al Nasser, O. M. (2012). The Performance Implications of Hostile Takeovers of U.S. Financial Services Firms. Journal of Financial and Economic Practice, (12) 3 58-69.
• Arenella, L. S., Davi, W., Veeser, C. R., Wiggins, R. A. (2009). The Best of Both Worlds: Infusing Liberal Learning into a Business Curriculum. Liberal Education, (95) 1 (Link)
• Huang, P., Ryan, H. E., Wiggins, R. A. (2007). The Influence of Firm- and CEO-specific Characteristics on the Use of Nonlinear Derivative Instruments. Journal of Financial Research, (30) 3 415-436.
• Gleason, K., Mathur, I., Wiggins, R. A. (2006). The Evidence on Product-market Diversifying Acquisitions and Joint Ventures by U.S. Banks. Journal of Financial Services Research, (29) 237-254.
• Gleason, K., Mathur, I., Wiggins, R. A. (2006). The Use of Acquisitions and Joint Ventures by U.S. Banks Expanding Abroad. Journal of Financial Research, (29) 503-522.
• Gleason, K., Rosenthal, L., Wiggins, R. A. (2005). Reverse Takeovers: Backing Into Being Public. Journal of Corporate Finance, (12) 1 54-79. (Link)
• Arnold, T., North, D., Wiggins, R. A. (2005). Improving Pro Forma Analysis through Better Terminal Value Estimates. Journal of Financial Education, (31) 77-98.
• Ryan, H., Wiggins, R. A. (2004). Who is in Whose Pocket? Director Compensation, Bargaining Power, and Board Independence. Journal of Financial Economics, (73) 497-524.
• Gleason, K., Mathur, I., Wiggins, R. A. (2003). Evidence of Value Creation in the Financial Services Industries through the Use of Joint Ventures and Strategic Alliances. Financial Review, (38) 213-234.
• Gleason, K., Gregory, D., Wiggins, R. A. (2003). Wealth Effects of Early US Acquisitions in the pacific Rim. Journal of Business and Economic Studies, (8) 28-47.
• Ryan, H., Wiggins, R. A. (2002). The Interactions between R&D Investment Decisions and Compensation Policy. Finanical Management, (31) 5-29.
• Simon, D. P., Wiggins, R. A. (2001). S&P Futures Returns and Contrary Sentiment Indicators. Journal of Futures Markets.
• Chavez, G. A., Wiggins, R. A., Yolas, M. (2001). The Impact of Membership in the Ethics Officer Association. Journal of Business Ethics, (34) 39-56.
• Ryan, H., Wiggins, R. A. (2001). The Influence of Firm- and Manager-specific Characteristics on the Structure of Executive Compensation. Journal of Corporate Finance, (7) 101-123.
• Ryan, H., Wiggins, R. A. (2000). Differences in the Compensation Structures of the CEO and Other Senior Managers. Journal of Business and Economic Studies, (6) 22-39.

Books

• Wiggins, R. A., Sims, J. A. (2020). University Advancement: A Concept for Developing Entrepreneurial Alumni. Atlanta, Georgia: Disturb the Universe, LLC
• Wiggins, R. A., Gregory, P. C. (2001). The Internet Guide to Finance. 72. Boston, Massachusetts: Addison-Wesley

Book Chapters

• Buono, A. F., Wiggins, R. A. (2010). Acquisitions, Mergers and Takeovers In Boatright, John, (Eds.) Finance Ethics: Critical Issues in Theory and Practice. 531-546. Hoboken, NJ: John Wiley & Sons