EMBA Faculty in the United States
Gregory Bauer is assistant director and research adviser in the Financial Markets Department at the Bank of Canada. At the bank, he is responsible for managing a group of nine PhD researchers who specialize in analyzing fixed income and foreign exchange markets. In addition, he coordinates the department’s annual research workshops.
His main area of research is international finance. He has published papers in the Review of Economic Studies,the Journal of Financial Economics, the Journal of Econometrics and the Journal of International Money and Finance, as well as in several policy-oriented journals. He is currently working on incorporating macroeconomic factors into term structure models using high frequency data.
Bauer received his doctorate from the Wharton School of Business at the University of Pennsylvania. He holds the Chartered Financial Analyst (CFA) designation. Prior to obtaining his doctorate, Bauer was a foreign exchange trader at the Bank of Canada and a macroeconomist at the Ontario Ministry of Finance. Bauer is a four-time winner of the Superior Teaching Award from the Simon MBA program and a multiple winner of awards from the Executive MBA program.
Professor Brickley has research and teaching interests in the economics of organizations, corporate governance and compensation policy, corporate finance, franchising and banking. His papers have been published in the Journal of Business, the Journal of Law and Economics, The Journal of Finance, the Journal of Accounting and Economics, the Journal of Financial Economics, the Journal of Economic Perspectives, the Journal of Economic Behavior and Organization, the Journal of Risk and Insurance, the Journal of Financial and Quantitative Analysis, Financial Management and the Journal of Corporate Finance. The fifth edition of Managerial Economics and Organizational Architecture (authored by Brickley, Clifford W. Smith Jr. and Jerold L. Zimmerman) was published by McGraw-Hill/ Irwin in 2009. Brickley, Smith, Zimmerman and Janice Willett authored a trade version of this text entitled Designing Organizations to Create Value, published by McGraw-Hill in 2003. Brickley has served as associate editor of both finance and accounting journals. A study published in Financial Management (Autumn 2001) reported that Brickley was among the most cited researchers in leading finance journals over the 25-year period of 1974 to 1998 (top one per- cent out of a total of 12,637 individuals). Another study published in Academy of Management Learning and Education in 2012 listed him among the top 100 “High-Impact Scholars in Corporate Governance Research during the period 1956-2008.” In 2002, three of his published papers received the Journal of Financial Economics All Star Paper Award (based on number of
citations through 2001).
From 1989 to 1991, he was chairman of the finance department and research director at the University of Utah’s Garn Institute of Finance. Prior to his position at the University of Utah, Brickley was an associate professor of economics at the Simon School. He is chairman of the Faculty Curriculum Committee. Brickley is a past winner of the Simon School’s Distinguished Teaching Award. He has also been listed multiple times on the School’s Teaching Honor Roll.
In addition to his academic achievements, Brickley has been a consultant to major corporations and law firms on organizational, franchising, valuations and antitrust issues. He has also held various positions in government in the state of Oregon, including executive director of the Jackson-Josephine County CETA Program, public transportation planner for the Rogue Valley Council of Governments and economic analyst for an economic development district.
Clifford W. Smith has served as president of the Risk Theory Society, president of the Financial Management Association National Honor Society, vice president for Global Services of the Financial Management Association International, vice president of the International Economics and Finance Society, a member of the board of advisers of the International Association of Financial Engineers, and a member of the board of directors of the Financial Management Association and the Southern Finance Association. He has research interests in the fields of corporate financial policy, derivative securities, and financial intermediation.
He has published 16 books and more than 90 articles in leading finance and economics journals and is an advisory editor for several important journals. He has received the Superior Teaching Award 19 times from students in the executive MBA program and 10 times from students in the MBA program. In 2003, he received the F.M.A. Fellows Award by the Financial Management Association International. He was named Distinguished Scholar by the Southern Finance Association in 2000 and Distinguished International Visiting Scholar by the British Accounting Association in 1991. In 1986, he was given the first Special Award for a Perfect Teaching Rating by the school; in 1983, he was chosen a University Mentor in recognition of his scholarship and teaching.
Professor Zimmerman obtained a Ph.D. in Business Administration at the University of California, Berkeley, after completing undergraduate studies at the University of Colorado.
He holds the Ronald L. Bittner Chair of Business at the Simon School. His research and teaching interests include financial and managerial accounting and organizational economics. In 2004, he and Professor Ross Watts (at MIT) received the American Accounting Association Seminal Contribution to the Accounting Literature Award, the most prestigious research award in the field of accounting. They received the American Institute of Certified Public Accountants Award in 1979 and 1980 for their joint papers. Zimmerman was the 1978 winner of the American Accounting Association Competitive Manuscript Award. The Watts/Zimmerman research, labeled “positive theories of accounting,” seeks to understand the costs and benefits of various accounting procedures.
Zimmerman’s textbooks include Managerial Economics and Organizational Architecture with James Brickley and Clifford Smith (McGraw-Hill 2009) and Accounting for Decision Making and Control (McGraw-Hill in 2013). Zimmerman is a founding editor of the Journal of Accounting and Economics. He was also a distinguished faculty member of the American Accounting Association’s Doctoral Consortium, and a visiting professor at Chinese University of Hong Kong, Hong Kong University of Science and Technology, Hong Kong University, and Hong Kong Polytechnic University.
Zimmerman’s wide-ranging consulting experience ranges from expert witness testimony to service on public-company boards of directors. Previously he was deputy dean of the Simon School at the University of Rochester. Currently, he serves as chair of the compensation committee and is a member of the board of directors of IEC Electronics Company headquartered in Newark, New York.
