Thomas Smith (finance professor)

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Thomas Smith
Tom Smith at PhD Camp.jpg
Smith at PhD camp
Born (1958-05-17) 17 May 1958 (age 60)
Nationality Australia
Institution University of Queensland
Field Financial economics
Alma mater Stanford University (Ph.D. 1984)
Influences Michael Gibbons

Thomas (Tom) Smith (born 17 May 1958) is an Australian finance academic. He has been ranked as the number one finance academic in Australia and New Zealand by both the Journal of Financial Literature and the Pacific Basin Finance Journal .

Smith's Current research includes work on environmental finance, stock volatility, market microstructure and dividend policy. Earlier interests are in the areas of asset pricing theory and tests, the design of markets, and derivatives. His research has been published in the leading financial economic journals, including the Journal of Finance , Review of Financial Studies , Journal of Financial Economics , Journal of Accounting Research , Journal of Business , Journal of Law and Economics and the Journal of Financial and Quantitative Analysis .

Share (finance) single unit of ownership in a corporation, mutual fund, or any other organization

In financial markets, a share is a unit used as mutual funds, limited partnerships, and real estate investment trusts. The owner of shares in the corporation/company is a shareholder of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares.

Volatility (finance) degree of variation of a trading price series over time

In finance, volatility is the degree of variation of a trading price series over time as measured by the standard deviation of logarithmic returns.

Market microstructure is a branch of finance concerned with the details of how exchange occurs in markets. While the theory of market microstructure applies to the exchange of real or financial assets, more evidence is available on the microstructure of financial markets due to the availability of transactions data from them. The major thrust of market microstructure research examines the ways in which the working processes of a market affect determinants of transaction costs, prices, quotes, volume, and trading behavior. In the twenty-first century, innovations have allowed an expansion into the study of the impact of market microstructure on the incidence of market abuse, such as insider trading, market manipulation and broker-client conflict.

Prior appointments were at the University of Queensland (2012-2017), Australia National University (2003-2011), Australian Graduate School of Management (1995–2002) and Duke University (1988–1995). At UQ Business School, he held the Frank Finn Chair in Finance.

University of Queensland university in Australia

The University of Queensland (UQ) is a public research university primarily located in Queensland's capital city, Brisbane, Australia. Founded in 1909 by the state parliament, UQ is Australia's fifth oldest university and is colloquially known as a sandstone university. UQ is considered to be one of Australia's leading universities, and is ranked as the 48th most reputable university in the world. The University of Queensland is a founding member of online higher education consortium edX, Australia's research-intensive Group of Eight, and the global Universitas 21 network.

The Australian Graduate School of Management (AGSM) is a postgraduate management and business school that is part of the UNSW Business School at University of New South Wales (UNSW), in Sydney, New South Wales, Australia. The School offers general management, executive and leadership development programs.

Duke University private university in Durham, North Carolina, United States

Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day town of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James Buchanan Duke established The Duke Endowment and the institution changed its name to honor his deceased father, Washington Duke.

He completed his PhD studies at Stanford Graduate School of Business, after undergraduate and postgraduate studies at the University of QueenslandBachelor of Commerce (Honours), 1980; Masters in Financial Management, 1982 — where he was the recipient of numerous academic and merit awards.

Doctor of Philosophy Postgraduate academic degree awarded by universities in many countries

A Doctor of Philosophy is the highest university degree that is conferred after a course of study by universities in most English-speaking countries. PhDs are awarded for programs across the whole breadth of academic fields. As an earned research degree, those studying for a PhD are usually required to produce original research that expands the boundaries of knowledge, normally in the form of a thesis or dissertation, and defend their work against experts in the field. The completion of a PhD is often a requirement for employment as a university professor, researcher, or scientist in many fields. Individuals who have earned a Doctor of Philosophy degree may, in many jurisdictions, use the title Doctor or, in non-English-speaking countries, variants such as "Dr. phil." with their name, although the proper etiquette associated with this usage may also be subject to the professional ethics of their own scholarly field, culture, or society. Those who teach at universities or work in academic, educational, or research fields are usually addressed by this title "professionally and socially in a salutation or conversation." Alternatively, holders may use post-nominal letters such as "Ph.D.", "PhD", or "DPhil". It is, however, considered incorrect to use both the title and post-nominals at the same time.

Stanford Graduate School of Business professional school of Stanford University, in Stanford, California

The Stanford Graduate School of Business is the graduate business school of Stanford University in Stanford, California.

A Master's degree in Finance is a postgraduate program preparing graduates for careers in Finance. The degree is often titled Master of Finance or Master in Finance, or Master of Science in Finance. In the U.S. and Canada the program may be positioned as a professional degree. Particularly in Australia, the degree may be offered as a Master of Applied Finance (MAppFin). In some cases, the degree is offered as a Master of Management in Finance (MMF).

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