Directory

Directory

Shane Underwood

Department Chair - Finance, Insurance & Real Estate
Associate Professor - Finance, Insurance & Real Estate

Contact Information

Email:  Shane_Underwood@baylor.edu
Homepage:  http://sites.baylor.edu/shane_underwood/
Mailing Address:  One Bear Place #98004
Waco, TX  76798-8004
Office Location:  Foster Business and InnovationĀ 320.38

Office Hours

Fall 2019
T 9:30 - 10:30am
R 2:00 - 3:00pm
Also by appointment

Educational Background

  • PHD - Finance, University Of Pennsylvania
  • MA - Finance, University Of Pennsylvania
  • BS - Finance, University Alabama Tuscaloosa

Work Experience

  • Associate Professor of Finance and Lacy Chair of Banking and Finance, Baylor University (June 1, 2016 - Present)
  • Fitzpatrick Endowed Professor of Value Investing, University of Alabama (2012 - 2016)
  • Associate Professor of Finance, University of Alabama (2011 - 2016)
  • Assistant Professor of Finance, University of Alabama (2009 - 2011)
  • Assistant Professor of Finance, Rice University (2004 - 2009)

Awards and Honors

  • Light Your World Honoree, Phi Kappa Chi (April 2018)
  • Nominated for Faculty Excellence Award - Outstanding Core Instructor, MBA Program (2012)
  • Faculty Excellence Award - Outstanding Core Instructor, MBA Program (2011)
  • Semifinalist for Best Paper Award, Financial Management Association Conference (2011)

Professional Memberships

  • Member, American Finance Association
  • Member, Financial Management Association
  • Member, Western Finance Association

Publications

Basic or Discovery Scholarship

"The Causal Effects of Proximity on Investment: Evidence from Flight Introductions," Journal of Financial and Quantitative Analysis, (April 2019) (coauthors: Jesse Ellis, Leonardo Madureira).

"The Only Fund in Town? Geographic Segmentation in the U.S. Mutual Fund Industry," Financial Management, Vol. 47, No. 3, (Fall 2018), pp. 715-737 (coauthors: J Ellis).

"Comovement and Investment Banking Networks," Journal of Financial Economics, Vol. 113, No. 1, (July 2014), pp. 73-89 (coauthors: Gustavo Grullon, James Weston).

"Geographic Proximity and Price Discovery: Evidence from Nasdaq," Journal of Financial Markets, Vol. 14, No. 2, (May 2011), pp. 193-226 (coauthors: A Anand, V Gatchev, L Madureira, C Pirinsky).

"Has the Propensity to Payout Declined?," Journal of Financial and Quantitative Analysis, Vol. 46, No. 1, (February 2011), pp. 1-24 (coauthors: G Grullon, B Paye, J Weston).

"The Relative Informational Efficiency of Stocks and Bonds: An Intraday Analysis," Journal of Financial and Quantitative Analysis, Vol. 44, No. 5, (October 2009), pp. 1081-1102 (coauthors: Y Xing, C Downing).

"The Cross-Market Information Content of Stock and Bond Order Flow," Journal of Financial Markets, Vol. 12, No. 2, (May 2009), pp. 268-289.

"Information, Sell-Side Research, and Market Making," Journal of Financial Economics, Vol. 90, No. 2, (November 2008), pp. 105-126 (coauthors: L Madureira).

"Price Discovery in the Treasury Futures Market," Journal of Futures Markets, Vol. 27, No. 11, (November 2007), pp. 1021-1051 (coauthors: M Brandt, K Kavajecz).
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