Faculty and Staff Directory
Jeffrey Lessard, Ph.D.
Associate Professor
Contact Information
Office Location: ROS-A176
Office Phone: 585-475-6136
[Send Email]
Staff Assistant Phone: 585-475-6063
Biography
Jeffrey P. Lessard received his Ph.D. in Finance from the University of Arkansas. Prior to that he earned his Masters of Arts in Financial Economics at the University of Arkansas, Masters of Business Administration in Accounting at Plymouth State College and his Bachelors of Science in Marketing and Political Science at the University of New Hampshire.
Dr. Lessard arrived at RIT in September, 1989, and is a tenured associate professor. He has previously taught at the University of Wisconsin at Oshkosh, the State University of New York at Binghamton, Marshall University and the University of Arkansas.
Dr. Lessard has published in a wide variety of journals such as the American Business Review, Akron Business and Economic Review, New York Business and Economic Review, Business Insights, Journal of Financial Education, Journal of Global Business and Southern Business Review. Dr. Lessard's current scholarly interests are in the areas of corporate valuation, performance and presentation standards in the investments industry and the influence of the board of directors upon the creation of shareholder value.
Dr Lessard's primary teaching interests are in the areas of investment analysis and portfolio performance. Dr. Lessard is also deeply involved in the College's SAP Curriculum initiative where he is scheduled to teach ERP/SAP courses in financial accounting information systems, managerial accounting information systems and treasury management.
Dr. Lessard has served RIT in a number of governance activities including serving as the Chair of the RIT Academic Affairs and Curriculum Committees; the Chair of the COB's Curriculum, Teaching Effectiveness and SAP Curriculum Initiative Committees. He has also been the Chairman of the Department of Finance and Business Law at Marshall University. Dr. Lessard is a Chartered Financial Analyst and is a Samuel M. Walton Free Enterprise Fellow.
Education
- Ph.D, Finance, University of Arkansas, 1983
- M.A., Financial Economics, University of Arkansas, 1980
- MBA, Accounting, Plymouth State College, 1978
- B.S.B.A., Marketing and Political Science, University of New Hampshire, 1975
- Behavioral finance
- Business ethics
- Capital markets
- Corporate finance
- Estate planning
- Finance
- Fixed income securities and derivatives
- International Investments
- Investment management
- Investments
- Mergers and acquisitions
- Personal finance
- Stock market
- Valuation problems
Professional Certifications
Publications
Refereed Journal Articles
- Discipline-based Scholarship, Equal Author, Internal Auditing -- Alternative Frameworks for Reducing Corporate Collusion and Fraud, with Haas, Karim, Seigel, January, 2011
- Discipline-based Scholarship, American Business Review -- CNBC's Squawk Box: Rocket Fuel for Share Prices?, with C. Hoi and A. Robin, June, 2001
- Discipline-based Scholarship, American Business Review -- Do Firms Enhance Board Monitoring Following the Passage of State Anti-Takeover Laws?, with C. Hoi and A. Robin, January, 2000
- Discipline-based Scholarship, Journal of Financial Education -- An Empirical Evaluation of Intergroup Attitudes on Curricular Issues In Finance, with K. Mattson, 1996
- Discipline-based Scholarship, American Business Review -- International Acquisition of U.S. Firms: Shareholder Wealth Implications, January, 1995
- Discipline-based Scholarship, American Business Review -- Acquisition of U.S. Firms by International Firms: Shareholders Wealth Implications, with A. Robin, June, 1992
- Discipline-based Scholarship, Journal of Global Business -- Activity Based Costing: A Cost Accounting Model for Global Competition, with M.H. Sarhan, September, 1991
- Discipline-based Scholarship, American Business Review -- Debt Extinguishment: An Analysis of Available Alternatives and Firms Characteristics, with M.H.Sarhan, June, 1991
- Discipline-based Scholarship, Southern Business Review -- Capital Budgeting and State Approval of Power Plants, with J. Helmuth & D. Kent, 1991
- Discipline-based Scholarship, Business Insights -- Extinguishment of Debt: An Empirical Evaluation of the Differences Among Available Alternatives, with M.H.Sarhan, 1989
- Discipline-based Scholarship, Akron Business & Economic Review -- Merger Selection Strategy: A Multidimensional Perspective, with M.H.Sarhan, 1988
- Discipline-based Scholarship, Akron Business and Economic Review -- Changing From Working Capital to Cash Flow in the Funds Statement: An Empirical Investigation of Management Motives, with M.H.Sarhan & A.Sadhwani, 1987
- Discipline-based Scholarship, New York Economic Review -- Merger Motives: An Interdisciplinary Review, with A.H.Isaac, 1986
Refereed Conference Proceedings
- Discipline-based Scholarship, Equal Author, AAA-Southwest -- Analyst Forecast Accuracy and Firm Growth, with P. Siegel and K. Karim, March, 2011
- Discipline-based Scholarship, Equal Author, AAA-Mid-Atlantic -- Demographic Characteristics and Social Skills Preferences Among Auditors: An Exploratory Study Incorporating The FIRO-B, with P. Siegel and K. Karim, April, 2010
- Discipline-based Scholarship, Equal Author, SWFA -- Value Relevance Book Value and Earnings: The Case of Premium vs. Discount Firms, with M. Aleksanyan and K. Karim, March, 2010
- Discipline-based Scholarship, Sole Author, -- Discipline-based Scholarship, Reaction to Changes in the Regulatory Environment: The Case of the Uniform Computer Information and Transaction Act, December 4, 2004
- Discipline-based Scholarship, Sole Author, -- Does The Passage of UCITA Create Shareholder Value? The Case of Maryland and Virginia, January, 2004
Books (including Instructional Textbooks)
- Contributions to Practice, Secondary Author, -- Valuation: Measuring and Managing the Value of Companies; Instructor's Manual, with McKinsey & Company, T. Koller., M. Goedhart, D. Wessels, , November, 2005
Other
- Forthcoming -- Contributions to Practice, Sole Author, -- Ethical Obligations and Decision Making in Accounting: Text and Cases; Mintz & Morris; Issues in Accounting Education; 2008, 2008
- Contributions to Practice, Primary Author, -- Workbook to accompany Valuation: Measuring and Managing the Value of Companies, 4th, with McKinsey & Company, T. Koller., M. Goedhart, D. Wessels, J. , December, 2006
- Contributions to Practice, Primary Author, -- Instructors Manual, with McKinsey & Company, T. Koller., M. Goedhart, D. Wessels, December, 2005
- Financial Counseling and Planning -- Investment Decision Making in the Public and Private Sectors, 1999
Unpublished Conference Presentations
- Market Reaction to Changes in the Regulatory Environment: The Movement Towards National Passage Then The Retraction of The Uniform Computer Information Transactions Act , Business Economics Institute Annual Research Conference, 2008
- A statistical Analysis of Case Resolutions: Differential Findings by the Designated Officer and the Disciplinary Review Committee, CFA Meeting, 2007
- Reaction to Changes in the Regulatory Environment: The Case of the Uniform Computer Information and Transaction Act, , American Academy of Accounting and Finance, 2004
- Does the passage of UCITA create shareholder value? The case of Maryland and Virginia., 4th Annual Hawaii International Conference on Business, 2004
