COLLEGE FOR A CHANGING WORLD

Tel: (785) 532 6820
Fax: (785) 532 6822

E-Mail: adesai@ksu.edu

Ph.D.      (Finance), University of Michigan, 1985
M.B.A.    Oklahoma State University, 1977
M.S.       (Chemical Engineering), Iowa State University, 1975
B.E.        (Chemical Engineering), Maharaja Sayajirao University, Baroda, India, 1973

Kansas State University, ConocoPhillips Faculty Fellow, Associate Professor, and Head, July 2005 - present.
Kansas State University, Robert F. Hagans Professor, Associate Professor, and Head, July 1999 - June 2005.
Kansas State University, Interim Head, Department of Finance, August 1998 - June 1999
Kansas State University, Assistant Professor of Finance, August 1994 - August 1998
University of Florida, Assistant Professor of Finance, August 1987 - May 1994
University of Michigan, Visiting Assistant Professor, September 1986 - June 1987
Iowa State University, Assistant Professor of Finance, August 1982 - August 1986

Visiting Professor, European University of Viadrina, Frankfurt (Oder), Germany (Summer 2001, 2002, 2003 and 2005).

Graduate Student Professor, Fall 2004, Kansas State University
Graduate Student Professor, Fall 2000, Kansas State University
Graduate Student Professor, Spring 1997, Kansas State University
Ralph Reitz Award for Excellence in Teaching, 1997-1998, Kansas State University
Best Paper in Investments Award, Journal of Financial Research, 1998.
Best Paper in Investments Award, Financial Management Association, 1994.

Desai, A.S., B Van Ness, and R. Van Ness, "September 17, 2001: An Analysis of Spreads and Depths After the Longest Close of Trading of the NYSE", Finance Letters, Vol. 1, No. 4 (2003).

Desai, A.S., A.M. Fatemi, and J.P. Katz, "Wealth Creation and Managerial Pay: MVA and EVA as Determinants of Executive Compensation", Global Finance Journal, Vol 14 (2003), pp. 159-179.

Desai, A.S., M. Nimalendran, and S. Venkataraman, "Changes in Trading Activity Following Stock Splits and Their Effect on Volatility and the Adverse Information Component of the Bid-Ask Spread", Journal of Financial Research, Vol. XXI, No. 2 (Summer 1998), pp. 159-183.

Desai, A.S., S.P. Dukas and A.M. Fatemi, "The Valuation Effects of Trans-national Acquisitions: Evidence from the Pacific Basin Region," Advances in Pacific Basin Financial Markets, Vol. IIB, (1996), pp. 223-235.

Bradley, M., A.S. Desai, and E.H. Kim, "Synergistic Gains from Corporate Acquisitions and their Division Between the Stockholders of Target and Acquiring Firms," Journal of Financial Economics, Vol. 21 (1988), pp. 3-40. Reprinted in A. W. Schwert and C.W. Smith, eds., Empirical Research in Capital Markets, McGraw Hill Book Company (1991), and in J. J. McConnell and D. J. Denis, eds., Corporate Restructuring, International Library of Critical Writings in Financial Economics, Edward Elgar Publishing Inc., Volume I, No. 15, April 2005.

Desai, A.S. and R.D. Stover, "Bank Holding Company Acquisitions, Stockholder Returns, and Regulatory Uncertainty," Journal of Financial Research, Vol. 8, No. 2 (Summer 1985), pp. 145-156.

Bradley, M., A. Desai, and E.H. Kim, "The Rationale Behind Interfirm Tender Offers: Information or Synergy?" Journal of Financial Economics, Vol. 11 (1983), pp. 183-206.

Ang, J.S., J.H. Chua and A.S. Desai, "Efficient Portfolios versus Efficient Market," Journal of Financial Research, Vol. 3, No. 3 (Fall 1980), pp. 309-319.

Ang, J.S., J.H. Chua and A.S. Desai, "Evidence that the Common Stock Market Adjusts Fully for Expected Inflation," Journal of Financial Research, Vol. 2, No. 2 (Fall 1979), pp. 97-109.

Desai A. S., E. J. Higgins, and A. Tavakkol, “The Significance of Size and Volume Cross-Autocorrelations in Equity Returns”, November 2004.

Desai, A. S. and J. L. Davis, “Stock Return, Beta, and Firm Size: The Case of Bull, Bear, and Flat Markets?”, July 1998

Occasional Reviewer of papers for: Financial Management, Journal of Financial and Quantitative Analysis, Journal of Financial Research, Journal of Financial Services Research, Journal of Banking and Finance, Journal of Corporate Finance, Journal of Business Research, Midwestern Journal of Business and Economics.

Discussed papers at Financial Management Association Meetings in 1988 -1992, 1994, Eastern Finance Association Meetings in 1995.

Member, Search Committee for Head, Department of Accounting, KSU, 2002-2003.
Member, Search Committee for Head, Department of Management, KSU, 2000-2001.
Member, Search Committee for Associate Vice Provost for Research, KSU, 1999-2000.
Chair, Finance Faculty Search Committee, KSU, 1994 – 1995, 1998.
Coordinator, CBA Academic Lecture Series, KSU, 1995 – 1996.
Member, College Committee on Planning, KSU, 1995 – present.
Member, Academic Standards Committee, College of Business, KSU, 1996 – 1997.
Member, College Information Technology Committee, April 1998 – present.
Faculty Advisor, KSU Men’s Tennis Club, 1998-1999.

Served on CBA Information Resources Committee at UF for two years.
Faculty Co-advisor to the Financial Management Association Student Chapter at UF for three years.

Served on Iowa State University Transportation Advisory Council for two years.

Member, American Finance Association
Member, Financial Management Association
Member, Eastern Finance Association

Kansas State University

Introduction to Finance (undergraduate)
Careers in Finance (undergraduate)
Derivative Securities and Markets (undergraduate)
Managerial Finance I (graduate)
Managerial Finance II (graduate)
Short-Term Financial Management (undergraduate)
Investments (undergraduate)
Financial Market Theory (graduate)

European University of Viadrina

Business Finance
Investments

University of Florida

Financial Management (graduate)
Equity and Capital Markets (undergraduate)
Financial Management (undergraduate)
Equity and Capital Markets (graduate)

University of Michigan

Corporate Finance (undergraduate)
Investments (undergraduate)
Financial Management (graduate)

Iowa State University

Corporate Finance course (undergraduate)
Corporate Finance (graduate)