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Elif Akben-Selçuk is an Associate Professor of Finance at at Gebze Technical University in Kocaeli, Turkey. She teaches undergraduate and graduate courses in accounting and financial management. Professor Akben-Selçuk's research interests include corporate finance, mergers and acquisitions, corporate governance, emerging markets, personal finance, and financial literacy. Her research has appeared in such outlets as Managerial Finance, International Journal of Bank Marketing, International Journal of Emerging Markets, Economics Bulletin, and Psychological Reports, among others. Professor Akben-Selçuk received a BA in business administration, an MA in economics, and a PhD in finance from Bogazici University in Istanbul, Turkey.

Tom Barkley, CFA, FRM, CAIA, ERP, is a Professor of Finance Practice at the Whitman School of Management, Syracuse University, and the Director of the MS in Finance program. His teaching and research are in corporate finance and derivatives. He previously worked for Enron (Research Group) and the Risk Analytics Group at Florida Power & Light. In both cases, his work included pricing exotic options and structuring products for use in the energy markets. Other experience includes retail banking in the United Kingdom, teaching high school mathematics in the Bahamas, and general management of a family-run publishing company. He received an MBA from Thunderbird, the American Graduate School of International Management, and a PhD in finance from the University of Florida.

Christopher J. Barnes, CFA, is a vice president in Deutsche Bank's equity research group on its North America consumer staples team covering the beverages, household and personal care products, food, and tobacco industries. He has broad-based consumer sector experience assessing public equity securities. Before joining Deutsche Bank, he evaluated the hardlines, grocery, and broadlines retailing sectors, along with the media and entertainment sectors, at Telsey Advisory Group. He also analyzed the consumer leisure sector at Oppenheimer & Co. Mr. Barnes received a BBA in finance with high honors from Hofstra University.

Onur Bayar is an Associate Professor of Finance at the University of Texas at San Antonio. Professor Bayar's research interests are in corporate finance, entrepreneurial finance and venture capital, and market microstructure. He has published in Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Corporate Finance, Review of Corporate Finance Studies, and Financial Management, among others. Professor Bayar received an MS in financial economics from Carnegie Mellon University and a PhD in finance from Boston College.

Nicholas Biasi is an independent financial consultant. Mr. Biasi was an analyst for the Student Management Investment Fund at Hofstra University, where he performed research on various asset classes and recommended investments to the Board of Directors. He is a CFA Level 2 candidate and is also pursuing an MS in finance. He holds a BS in finance from the Frank G. Zarb School of Business at Hofstra University.

Emmanuel Boutron is an Associate Professor of Finance at Paris Nanterre University and also at the École des Ponts ParisTech. His research focuses on the financing of growth firms, especially on initial public offerings of small and medium-sized firms. He has published in several academic journals and book chapters. Professor Boutron is involved in continuing education programs for managers at the Institute de Haute Finance in Paris. He holds an MS in finance from Lorraine University and received a PhD in finance from Paris Nanterre University.

Jay T. Brandi is a Professor and Chair of the Department of Finance at the College of Business, University of Louisville. Before beginning his academic career, he served as both the Assistant Director of Securities and Securities Investigation Supervisor for the Division of Securities. He also was a lobbyist for the Comptroller of the State of Florida. Professor Brandi's research primarily focuses on securities issues, investments, and portfolio management. His research appears in the Journal of Legal Economics, Journal of International Finance, Journal of Investing, Labor Law Journal, and Journal of American Entrepreneurship, among others. Professor Brandi has also authored finance texts, including Corporate Finance: Foundations of Value Optimization and Survival, Essential Corporate Finance, and Money Management and Personal Finance. He received a PhD in finance with a minor in law from the University of Arizona.

Alain Coën is a Professor of Finance at the Graduate School of Business (ESG) of the University of Québec in Montréal (UQAM). Before joining ESG-UQÀM, he was an Associate Professor of Finance at the EDHEC School of Management. His research interests focus on asset pricing, international finance, hedge funds, real estate investment trusts, business cycles, and financial econometrics. Professor Coën has published in the Journal of Banking and Finance, Journal of International Money and Finance, Journal of Empirical Finance, Journal of Financial Research, Economics Letters, Finance Research Letters, and Real Estate Economics. He has also written a book in financial management. He holds an MA in economics from Laval University, a Master in Management from ESSCA and accreditations to supervise research (HDR in Management) from Paris Dauphine University and (HDR in Economics) from the University of Paris I Panthéon-Sorbonne. Professor Coën has a PhD in finance from the University of Grenoble and a PhD in economics from the University of Paris I Panthéon-Sorbonne.

Douglas Cumming, CFA, is the DeSantis Distinguished Professor of Finance and Entrepreneurship at the College of Business, Florida Atlantic University. He has published over 180 articles in leading refereed academic journals such as the Academy of Management Journal, Journal of Financial Economics, and Review of Financial Studies. Professor Cumming is the Managing Editor-in-Chief of the Journal of Corporate Finance (January 2018–December 2020), and the incoming Managing Editor-in-Chief of the British Journal of Management (January 2020–December 2022). He is the Founding Editor of Annals of Corporate Governance (January 2016–current). Professor Cumming has published 18 academic books. His work has been reviewed in numerous media outlets, including the Chicago Tribune, The Economist, The New York Times, The Wall Street Journal, The Globe and Mail, Canadian Business, National Post, and The New Yorker. Professor Cumming holds a BCom in economics and finance from McGill University, an MA in economics from Queen's University, and a JD and PhD from the University of Toronto.

Somnath Das is Professor and Coordinator of the Doctoral Program in Accounting at the University of Illinois at Chicago. Previously, he was on the faculty at University of California–Berkeley's Haas School of Business. His research focuses on corporate disclosure, financial analysts, and firm performance. He has published in leading academic journals such as The Accounting Review, Contemporary Accounting Research, Journal of Accounting and Economics, and Journal of Finance, among others. His research has received coverage in the business press, including The Wall Street Journal. He teaches courses in financial and managerial accounting. Professor Das has a bachelor's degree in physics from St. Stephens College, Delhi, an MBA from the Indian Institute of Management, Ahmedabad, and a master's in public policy as well as a PhD from Carnegie Mellon University.

Xiaohua Diao is the Dean of the School of Finance at Chongqing Technology and Business University, China. He is a Professor of Finance at the Research Center for Economy of Upper Reaches of the Yangtse River of Chongqing Technology and Business University. His research primarily focuses on financial risk management. He has published in more than 20 peer-reviewed journals and received research grants from central and state governments. Dean Diao also served as a consultant of the China Development Bank and on independent boards of directors of several publicly traded firms in China. He holds a master's degree with a specialization in accounting from Xiamen University.

Shantanu Dutta is an Associate Professor of Finance and Telfer Fellow in Global Finance at the Telfer School of Management, University of Ottawa. Before beginning his academic career, he was a finance manager at Lafarge, a world leader in construction materials. Professor Dutta's research focuses on mergers and acquisitions, media coverage and financial decisions, corporate governance, and dividend policy. He has published in the Review of Accounting Studies, Journal of Corporate Finance, Financial Management, Journal of Banking and Finance, and Journal of Business Finance & Accounting among others. He is a recipient of the SSHRC grant and Barclays Global Investors Canada Research Award (2006) for the best paper on the Canadian security market. He also received the Literati Network Award for Excellence in 2009 and 2014 for articles in the International Journal of Managerial Finance. He holds a PhD in finance from Carleton University.

Aaron Filbeck, CFA, CAIA, CIPM, is the Associate Director of Content Development at CAIA Association. He is involved with the development of the CAIA Charter Program's curriculum, supports the Association's academic partnership program, and serves as Content Director and Assistant Editor of Alternative Investment Analyst Review (AIAR), a practitioner-focused journal published by the Association. Before joining CAIA, Mr. Filbeck was a portfolio manager for a registered investment adviser, where he oversaw portfolio construction and manager research efforts for high-net-worth individuals. He received a BS in finance with distinction and a Master of Finance from Pennsylvania State University.

Didier Folus is Professor of Finance at the Management School, Paris Nanterre University, and also teaches at Paris Dauphine University, École des Ponts ParisTech, and in MBA and executive master programs. His primary research interests are in the areas of long-term investment exposure to risks and insurance securitization in a risk management perspective. He has published in Applied Economic Letters, Bankers, Markets & Investors, and Applied Economics, among others, He has also written several book chapters. Professor Folus consults for institutional investors, insurance companies, and banks in the field of innovative financial products. He holds a master's degree in finance from Paris Dauphine University, an MS in actuarial science from ENSAE (Paris), and a PhD in finance from Paris Dauphine University.

Xudong Fu is an Assistant Professor of Finance at the College of Business, University of Louisville. His research focuses on various topics in corporate finance including mergers and acquisitions, equity offerings, corporate governance, debt contracts, insider trading, and corporate social responsibility. Professor Fu has published in such journals as Financial Management, Journal of Banking and Finance, Journal of Corporate Finance, and Journal of Empirical Finance. He received a PhD from the University of Alabama.

Gaurav Gupta, CFA, FRM, is an analytics consultant at SRNL International in New Jersey. Before joining SRNL International, he worked as an analyst at OpenLink Financial LLC. He also has experience in managing a secondary steel manufacturing plant in India, where he managed the production as well as purchase teams of the business. He obtained a BS in engineering from Panjab University and an MBA with a double major in finance and business analytics with distinction from Hofstra University.

Hunter M. Holzhauer is the Robert L. Maclellan and UC Foundation Associate Professor of Finance at the University of Tennessee Chattanooga. Professor Holzhauer is an award-winning professor in research, teaching, and service. He has taught various graduate and undergraduate classes, including corporate finance, intermediate finance, investments, financial analysis, behavioral finance, portfolio management, and derivatives. His financial industry experience includes positions as a credit analyst with Colonial Bank and a financial planner and fixed-income portfolio manager with AmSouth Bank. Since 2013, Professor Holzhauer has published 16 research papers and seven chapters on such topics as behavioral finance, alternative investments, socially responsible investing, financial risk tolerance, and hedge funds. His research has been published in the Journal of Investing, Journal of Applied Finance, Journal of Risk Finance, and Journal of Behavioral and Experimental Finance. Professor Holzhauer received a BS in business administration and biopsychology from Birmingham-Southern College, an MBA from Mississippi State University, and a PhD from the University of Alabama.

Tianqi Jiang is a PhD candidate in finance at the University of Rhode Island. Her research interests include the social network of sell-side analysts, corporate disclosure, venture capital, and corporate governance. She has presented papers at various conferences, including those of the American Accounting Association and European Financial Management Association. Ms. Jiang obtained a BS in finance from Donghua University, an MS in finance from Hofstra University, and an MS in economics from Florida Atlantic University.

Sofia Johan is an Assistant Professor of Finance at the College of Business, Florida Atlantic University. She is an Extramural Research Fellow at Tilburg University in The Netherlands. Professor Johan's research covers topics ranging from crowdfunding, securities regulation, stock exchange trading rules, mutual funds, hedge funds, venture capital, private equity, and sovereign wealth funds. She has published 51 articles in leading refereed academic journals in finance, management, and law and economics, such as the American Law and Economics Review, Journal of Financial Economics, and Journal of International Business Studies. She is the co-author of Venture Capital and Private Equity Contracting (Elsevier Academic Press, 2nd edition, 2013), Hedge Fund Structure, Regulation and Performance around the World (Oxford University Press, 2013), and Crowdfunding: Fundamental Cases, Facts, and Insights (Elsevier Academic Press, 2019). Professor Johan is a regular speaker at academic and industry conferences around the world. She earned a law degree from the University of Liverpool and an LL.M. in International Economic Law from the University of Warwick. She also holds a PhD in law and economics from Tilburg University.

Timothy A. Krause is an Assistant Professor of Finance and the Director of the Intrieri Family Student Managed Fund at the Black School of Business at Penn State Behrend. Before starting his academic career, he spent 20 years in the financial services industry as an investments professional and held management positions at Bank of America, BNP Paribas, Vector Capital Markets, and Zecco Trading, now part of Ally Financial. He previously taught undergraduate and MBA finance courses at the University of Texas at San Antonio, Pepperdine University, and St. Edward's University. His research and teaching interests include investments, derivatives, risk management, financial institutions, market microstructure, and general financial markets. He has published in the Review of Quantitative Finance and Accounting, Journal of Derivatives, Applied Financial Economics, International Review of Economics and Finance, Journal of Asset Management, and International Review of Economics and Finance. Professor Krause received a BA in government/economics and an MBA from Georgetown University, and a PhD in finance from the University of Texas at San Antonio.

Sang Hoon Lee is a Professor of Finance and Dean of BRAC University in Dhaka, Bangladesh. Professor Lee has considerable academic and private consulting experience. He held teaching positions in the United States and Kazakhstan and quasi-government and private sector executive positions in Korea. His research interests mainly focus on capital market development in emerging markets, and the topics of his publications include financial literacy, asset valuation, small business financing, and financial crises from emerging market perspectives. He has a PhD in financial economics from the University of New Orleans.

Yini Liu is a PhD student in finance at the University of Texas at San Antonio. Ms. Liu's primary research interests are in empirical corporate finance with a focus on private investments in public equity, reverse mergers, IPOs, and financial intermediation. She also has research interests in law and finance and labor economics. Ms. Liu has taught as an independent instructor at the University of Texas at San Antonio. She received the UTSA Keith Fairchild Teaching Excellence Award in 2019. Ms. Liu received a BA in economics and an MA in finance from Fudan University.

David Lundgren, CFA, CMT, is an Adjunct Professor at the Brandeis International Business School, Brandeis University. He teaches a class on the practical applications of technical analysis, which emphasizes the strong link between price trends and the fundamentals that drive them. Mr. Lundgren is also Director of Technical Research at Wellington Management in Boston, Massachusetts, where he manages client portfolios exclusively using technical analysis strategies. He also serves as a member of the Board of Directors of the Chartered Market Technicians Association and is the chair of its Advocacy Committee. Mr. Lundgren received a bachelor's degree in finance and investments from Babson College.

Joseph McBride, CFA, Head of Commercial Real Estate Finance at Trepp, is a key leader of the firm's product development and market research initiatives. He leads Trepp's Commercial Real Estate and Banking businesses that support clients who invest, lend, broker, value, and risk manage commercial real estate (CRE) assets. Mr. McBride works closely with clients and industry groups to build and enhance data, models, and analytics that drive client investment decisions and streamline their work. His market analysis is frequently cited in publications and other media that monitor the CRE market. Mr. McBride is often quoted in publications such as Crain's, The Wall Street Journal, and various regional business journals. Mr. McBride holds a BS and MBA with a concentration in finance and is an Adjunct Assistant Professor of Finance at Fordham University.

David Craig Nichols is an Associate Professor of Accounting at the Whitman School of Management, Syracuse University. He specializes in financial statement analysis, valuation, and financial modeling. His research appears in such journals as the Journal of Accounting Research, Journal of Accounting & Economics, Review of Accounting Studies, Contemporary Accounting Research, Accounting Horizons, and Financial Analyst Journal. He has a bachelor's degree in accounting and a master's degree in tax accounting from the University of Alabama as well as an MBA and PhD in accounting from Indiana University.

Ehsan Nikbakht, CFA, FRM, is the C. V. Starr Distinguished Professor of Finance and International Financial Services in the Frank G. Zarb School of Business at Hofstra University and previously served as department chair and Associate Dean. He served on the Advisory Board of the International Association of Financial Engineers and Chair of Derivatives Committee of the New York Society of Security Analysts. Professor Nikbakht currently is on the editorial board of Global Finance Journal. He has published in Journal of Applied Finance, Financial Decisions, Global Finance Journal, and other refereed journals, and also authored Finance, published by Barron's, and Foreign Loans and Economic Performance. Professor Nikbakht received a BA from the Tehran School of Business, an MBA from the Iran Center for Management Studies, and a DBA in finance from the George Washington University.

Randolph D. Nordby, CFA, FSA, is a Professional Lecturer in the Kogod School of Business at American University. He has more than 15 years of managing and monitoring investments, investment research, security valuation, economic analysis, preparing customized investment policy statements, and portfolio implementation. Professor Nordby previously served as a member of the CFA Society of Washington's Board of Directors and a subject matter expert for derivatives regulations at the Commodities Futures Trading Committee. He holds an MS in finance from American University, an MA in economics from George Mason University, and an MBA from Shenandoah University. He is currently pursuing a doctoral degree in finance at Temple University.

Michael Pain, CFA, CFP, has of over 15 years of financial advisory experience assisting family offices and high-net-worth individuals to identify, analyze, and select suitable investments. Mr. Pain has provided high-level supervisory and management oversight of registered representatives and their supervisors for a multinational bank. He has extensive experience in both the domestic U.S. markets and the international equity markets. Mr. Pain holds a B.Com in accounting from the University of Cape Town, South Africa, and an MBA with a concentration in finance from Brigham Young University.

Shailendra Pandit is an Associate Professor of Accounting at the University of Illinois at Chicago. Previously, he taught at The Ohio State University and Tulane University. His research interests include financial reporting, capital market intermediaries, and firm-level relationships. He has published in leading academic journals such as The Accounting Review, Review of Accounting Studies, and Contemporary Accounting Research. Professor Pandit's teaching interests include introductory and intermediate financial accounting and financial statement analysis. He received a BS in electronics engineering from Jiwaji University, India, an MBA in finance from the University of Indore, India, and a PhD in accounting with a minor in finance from the University of Rochester.

Dianna Preece, CFA, is a Professor of Finance at the University of Louisville. She has published in such journals as the Journal of Banking and Finance and Financial Review, co-authored two practitioner books on investments, and written book chapters on topics ranging from hedge fund performance to the future of private equity. Professor Preece also provides consulting and training to banking associations, including the American Bankers Association and the Kentucky Bankers Association. She holds a BBA and MBA from Marshall University and a DBA from the University of Kentucky.

Michael C. Sinodinos, CFA, works in wealth management and advises high-net-worth individuals, foundations, and institutions in financial planning, portfolio management, and investment strategy. Mr. Sinodinos and his team manage a total of $1.6 billion in assets for their clients. He is a member of the CFA Society of New York. He is also active in the community and works with high school students from low-income areas to ensure they graduate while providing guidance and academic assistance to mentees. Mr. Sinodinos earned a BS in business management from Stony Brook University.

Andrew Siwo is the Director of Sustainable Investments and Climate Solutions for the New York State Common Retirement Fund. He is charged with providing leadership and oversight of sustainable investment efforts across the Fund's $220 billion portfolio. Previously, Mr. Siwo was an Investment Director and Head of Mission-Related Investments at Colonial Consulting, an investment consultancy to over 150 leading foundations and endowments. Before joining Colonial Consulting, Mr. Siwo was a manager at the Global Impact Investing Networking (GIIN). In his capacity, he was responsible for the operation, sourcing, and development of ImpactBase, the largest platform of impact investment funds globally. Mr. Siwo also spent five years in the investment banking division at J.P. Morgan. He was a member of the Corporate Finance and Real Estate Strategy Group at Victoria's Secret, leading project finance initiatives. He holds a BA in accounting from Morehouse College and completed an MPA in finance and fiscal policy at Cornell University. He has held FINRA Series 7, 63, and 24 licenses.

Andrew C. Spieler, CFA, CAIA, FRM, is the Robert F. Dall Distinguished Professor of Business in the Frank G. Zarb School of Business at Hofstra University. He has published in Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Real Estate Portfolio Management, Global Finance Journal, Journal of Applied Finance, and other journals. He served as Chair of the Derivatives Committee at the New York Society of Securities Analysts. Professor Spieler is also the co-director of the annual real estate conference sponsored by the Wilbur F. Breslin Center for Real Estate Studies. He received undergraduate degrees in math and economics from Binghamton University (SUNY), an MS in finance from Indiana University, and an MBA and PhD from Binghamton University (SUNY).

Raisa Varejao works at a credit rating agency as an associate analyst in the Structured Finance, Residential Mortgage-Backed Securities group. She is a CFA Level III candidate and holds a BS in accounting and economics from the FUCAPE Business School (ES, Brazil) and an MS in finance from the McCombs School of Business at The University of Texas at Austin.

Zhao Wang is an Assistant Professor of Finance at the Capital University of Economics and Business in Beijing, China. Previously, Professor Wang was a quantitative analyst at a capital management company in New York and focused on mutual funds and hedge funds of funds. His research interests include capital market anomalies, analysts, and executive compensation. He received a BS in finance from Tianjin University of Finance and Economics, an MS in finance from Hofstra University, and a PhD in finance from the University of Rhode Island.

PengCheng (Phil) Zhu, CFA, is an Associate Professor of Finance at the School of Business, University of San Diego. His research primarily focuses on corporate mergers and acquisitions, top executives, and emerging markets. He has published in leading business journals including Administrative Science Quarterly, Strategic Management Journal, Journal of Operations Management, Review of Accounting Studies, and Journal of Corporate Finance. Before joining the faculty at the University of San Diego, Professor Zhu taught at the University of the Pacific and Carleton University. He also worked as a business analyst in a global management consulting firm in Canada. He holds a PhD in finance from Carleton University.

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