Dr. Phillip R. Daves is Associate Professor of Finance at the University of Tennessee in Knoxville. His research interests encompass health care finance, asset pricing, derivative securities, and dividend policy. He has published papers in THE JOURNAL OF FINANCE, THE INTERNATIONAL JOURNAL OF FINANCE, APPLIED FINANCIAL ECONOMICS, JOURNAL OF FINANCIAL PRACTICE AND EDUCATION, and THE JOURNAL OF FINANCIAL AND STRATEGIC DECISIONS. Dr. Daves' special interests in teaching include health care finance, investments, financial management, and asset pricingwhich he teaches at the undergraduate, M.B.A., and Ph.D. levels. Consulting for a range of large and small companies as well as the state of Tennessee, he focuses on business valuation, compensation, value based management, and health care policy. He received his B.A. in economics from Davidson College, his M.S. in mathematics, and his Ph.D. in finance from the University of North Carolina at Chapel Hill.
Dr. Michael C. Ehrhardt is a Professor in the Finance Department and is the Paul and Beverly Castagna Professor of Investments. He completed his undergraduate work in Civil Engineering at Swarthmore College. After working several years as an engineer, he earned his M.S. in Operations Research and Ph.D. in Finance from the Georgia Institute of Technology. Dr. Ehrhardt has taught extensively at the undergraduate, masters, and doctoral levels in the areas of investments, corporate finance, and capital markets. He has directed and served on numerous dissertation committees and is a member of the team that developed and delivered the integrative first year of the MBA program. Dr. Ehrhardt teaches in Executive Education Programs and consults in the areas of corporate valuation, value-based compensation plans, financial aspects of supply-chain management, and the cost of capital. He has been awarded the Allen G. Keally Outstanding Teacher Award, the Tennessee Organization of MBA Students Outstanding Faculty member, the College of Business Administration Research & Teaching Award, and the John B. Ross Outstanding Teaching Award in the College of Business. Much of his research focuses on corporate valuation and asset pricing models, including pricing models for interest-rate sensitive instruments. His work has been published in numerous journals, including The Journal of Finance, Journal of Financial and Quantitative Analysis, Financial Management, The Financial Review, The Journal of Financial Research, and The Journal of Banking and Finance. He has also authored or co-authored several books addressing various areas of finance.
Ronald E. Shrieves, William Voigt Professor of Business and Finance at the University of Tennessee, received the Ph.D. in Business Economics from UCLA, where his Ph. D. thesis dealt with the determinants of inter-industry differences in research and development efforts. Dr. Shrieves was a finalist for the John B. Ross Award for Outstanding Teaching in the College of Business, 1993-94; and for the College of Business Administration Teaching and Research Award, 1998-99. He has published widely in finance and economics journals, including the Journal of Empirical Finance, Review of Economics and Statistics, the Journal of Financial and Quantitative Analysis, Financial Management, the Journal of Banking and Finance, and the Journal of Financial Services Research. Dr. Shrieves has received two best paper awards for academic journal articles. In 1993, along with co-author Drew Dahl, he was honored with the Iddo Sarnat Award for the best paper in the Journal of Banking and Finance. In 2001 he and coauthor John Wachowicz received the Eugene L. Grant Award for the best paper in the Engineering Economist. Primary current research interests are in the areas of the corporate governance and the impact of organization structure and regulation on commercial bank performance. In addition to teaching responsibilities in the undergraduate, MBA, and Ph. D. programs, Dr. Shrieves has also taught in two executive MBA programs: the Taiwan Executive MBA and the Professional MBA. The executive programs MBA have an interdisciplinary perspective, involving an integrated team-teaching approach to executive education.