JAY R. RITTER

Address: Department of Finance, Insurance, and Real Estate
327 Stuzin Hall
P.O. Box 117168
University of Florida
Gainesville FL 32611-7168

Telephone: (352) 846-2837 office
(352) 392-0301 fax
jay.ritter@cba.ufl.edu e-mail

Education

University of Chicago, B.A., M.A. (Economics), 1976.
University of Chicago, Ph.D. (Economics and Finance), 1981.

Non-academic Position Held

Senior Economic Analyst, Amoco International Oil Co., 1976-77. Prepared evaluations of foreign investment proposals.

Academic Positions Held

• Wharton School of the University of Pennsylvania
  Lecturer, 1980-81
  Assistant Professor of Finance, 1981-85
• School of Business Administration, University of Michigan
  Assistant Professor of Finance, 1985-89
• College of Commerce and Business Administration, University of Illinois
  Associate Professor of Finance, 1989-92
  Professor of Finance, 1992-94
  Fred S. Bailey Memorial Professor of Finance, 1994-96
• Sloan School of Management, Massachusetts Institute of Technology
  Visiting Professor of Finance, 1995-96
• Warrington College of Business Administration, University of Florida
  Joe B. Cordell Eminent Scholar, 1996-present

Published Articles

• "Innovation and Communication: Signaling with Partial Disclosure," Sudipto Bhattacharya and Jay R. Ritter, Review of Economic Studies, Vol. 50 (April 1983), pp. 331-46.  
• "The 'Hot Issue' Market of 1980," The Journal of Business, Vol. 57, No. 2 (April 1984), pp. 215-40.
• "Signaling and the Valuation of Unseasoned New Issues: A Comment," Journal of Finance, Vol. 39, No. 4 (September 1984), pp. 1231-37.  
• "Investment Banking, Reputation, and the Underpricing of Initial Public Offerings," Randolph Beatty and Jay R. Ritter, Journal of Financial Economics, Vol. 15, No. 1/2 (Jan./Feb.1986), pp. 213-32.           
  • Reprinted in The Modern Theory of Corporate Finance, edited by Smith, Clifford W. Jr., New York: McGraw Hill, 1989 (second edition).
• "The Costs of Going Public," Journal of Financial Economics, Vol. 19, No. 2 (December 1987), pp. 269-81.
• "The Buying and Selling Behavior of Individual Investors at the Turn of the Year," Journal of Finance, Vol.43, No. 3 (July 1988), pp. 701-17.           
  • Abstracted in The CFA Digest, Vol. 19, No. 1 (Winter 1989), pp. 6-7.
  • Reprinted in Behavioral Finance, edited by Hersh Shefrin, Cheltenham, UK:  Edward Elgar Publishing.
• "Initial Public Offerings," Roger G. Ibbotson, Jody L. Sindelar, and Jay R. Ritter, Journal of Applied Corporate Finance, Vol. 1, No. 2 (Summer 1988), pp. 37-45.           
  • Reprinted in New Developments in Commercial Banking, edited by Donald Chew, Cambridge, MA:Blackwell Publishers, 1991.
  • Reprinted in The New Corporate Finance: Where Theory Meets Practice, edited by Donald Chew, New York: McGraw-Hill, 1992.
• "Portfolio Rebalancing and the Turn-of-the-Year Effect," Jay R. Ritter and Navin Chopra, Journal of Finance, Vol. 44, No. 1 (March 1989), pp. 149-166.  
• "The Long-Run Performance of Initial Public Offerings,"Journal of Finance, Vol. 46, No. 1 (March 1991), pp. 3-27.           
  • Abstracted in The CFA Digest, Vol. 21, No. 3 (Summer 1991).
  • Reprinted in Advances in Behavioral Finance, edited by Richard Thaler, New York: Russell Sage Foundation, 1993.
  • To be reprinted in The International Library of Politics and Comparitive Government, edited by Elroy Dimson and Massoud Mussavain, UK: Dartmouth Publishing Co.
  • Winner of the Smith Breeden Prize for the best article in the Journal of Finance, 1991
• "Measuring Abnormal Performance: Do Stocks Overreact?" Navin Chopra, Josef Lakonishok, and Jay R. Ritter, Journal of Financial Economics, Vol. 31, No. 2 (April 1992), pp. 235-268.           
  • Abstracted in The CFA Digest, Vol. 22, No. 4 (Fall 1992), pp. 33-35.
  • Reprinted in Advances in Behavioral Finance, edited by Richard Thaler, New York:Russell Sage Foundation, 1993.
  • Reprinted in Market Efficiency: Stock Market Behaviour in Theory and Practice, edited by Andrew Lo, Cheltenham, UK: Edward Elgar Publishing, 1997.
• " The Market's Problems with the Pricing of Initial Public Offerings ," Roger G. Ibbotson, Jody L. Sindelar, and Jay R. Ritter, Journal of Applied Corporate Finance, Vol. 7,No.1 (Spring 1994), pp. 66-74.           
  • To be reprinted in The Investments Reader, Second Edition, edited by Robert W.Kolb.
• " Initial Public Offerings: International Insights," Tim Loughran, Jay R. Ritter, and Kristian Rydqvist, Pacific-Basin Finance Journal, Vol. 2, No. 2-3. (June 1994), pp. 165-199.     
  • Winner of the Chicago Board of Trade Competitive Research Award at the 1993 Pacific Basin Finance Conference.
• "The New Issues Puzzle," Tim Loughran and Jay R. Ritter, Journal of Finance, Vol. 50, No. 1 (March 1995), pp. 23-51.           
  • Abstracted in The Bowne Review for CFOs & Investment Bankers, Vol. 6, No. 8 (June 1995).
  • Reprinted in Behavioral Finance, edited by Hersh Shefrin, Cheltenham, UK:  Edward Elgar Publishing.
  • Reprinted in Empirical Corporate Finance, edited by Michael Brennan, Cheltenham, UK: Edward Elgar Publishing.
• "The Costs of Raising Capital", Inmoo Lee, Scott Lochhead, Jay R. Ritter, and Quanshui Zhao, Journal of Financial Research,Vol. XIX, No. 1, (Spring 1996), pp. 59-74.           
  • Abstracted in the Financial Management Collection, Vol. 11, No. 2 (Spring/Summer 1996).
  • Winner of the Outstanding Paper award for the best article in the Journal of Financial Research, 1996.
• "Long-Term Market Overreaction: The Effect of Low-Priced Stocks," Tim Loughran and Jay R. Ritter, Journal of Finance,Vol. 51, No. 5 (December 1996), pp. 1959-1970.           
  • Reprinted in Behavioral Finance, edited by Hersh Shefrin, Cheltenham, UK: Edward Elgar Publishing
• "How I Helped to Make Fischer Black Wealthier," Jay R. Ritter, Financial Management, Vol 25, No. 4 (Winter 1996), pp. 104-107.
  • Reprinted in Behavioral Finance, edited by Hersh Shefrin, Cheltenham, UK: Edward Elgar Publishing.
• "The Operating Performance of Firms Conducting Seasoned Equity Offerings," Tim Loughran and Jay R. Ritter, Journal of Finance, Vol. 52, No. 5 (December 1997), pp. 1823-1850.            
  • Abstracted in the Contemporary Financial Digest, Vol. 2, No. 1 (Spring 1998).
  • Abstracted in the CFA Digest, Vol. 28, No. 3 (Summer 1998).
  • Reprinted in Empirical Corporate Finance, edited by Michael Brennan, Cheltenham, UK: Edward Elgar Publishing.
• "Valuing IPOs," Moonchul Kim and Jay R. Ritter, Journal of Financial Economics, Vol. 53, No. 3 (September 1999), pp. 409-437.
• "Uniformly Least Powerful Tests of Market Efficiency, " Tim Loughran and Jay R. Ritter, Journal of Financial Economics, Vol. 55, No. 3 (March 2000), pp. 361-389.
  • Purged and unpurged Fama-French monthly factor returns from 1973-2003, updated, from the Loughran-Ritter 2000 JFE article "Uniformly Least Powerful Tests of Market Efficiency"
  • Replication, Update, and Extension of Loughran and Ritter's 2000 Journal of Financial Economics article "Uniformly Least Powerful Tests of Market Efficiency"
• "The Seven Percent Solution," Hsuan-Chi Chen and Jay R. Ritter, Journal of Finance, Vol. 55, No. 3 (June 2000), pp.1105-1131.
• "Institutional Affiliation and the Role of Venture Capital: Evidence from Initial Public Offerings in Japan," Yasushi Hamao, Frank Packer, and Jay Ritter, Pacific-Basin Finance Journal, Vol. 8, No.5 (October 2000), pp. 529-558.
• "Why Don't Issuers Get Upset About Leaving Money on the Table in IPOs?,"  Tim Loughran and Jay R. Ritter,  Review of Financial Studies, Vol.15, No. 2, (2002), pp. 413-443.  
  • Abstracted in the CFA Digest, Vol. 32, No. 3 (August 2002).
  • To be reprinted in Recent Developments in Corporate Finance, edited by Jay R. Ritter, Cheltenham, UK:  Edward Elgar Publishing.
• "The Decline of Inflation and the Bull Market of 1982 to 1999,"  Jay R. Ritter and Richard Warr, Journal of Financial and Quantitative Analysis, Vol. 37, No. 1 (March 2002), pp. 29-61.
•  "The Biggest Mistakes We Teach,"  Jay R. Ritter, Journal of Financial Research, Vol. 25, pp. 159-168 (Summer 2002).
• "A Review of IPO Activity, Pricing, and Allocations," Jay R. Ritter and Ivo Welch, Journal of Finance, Vol. 57, No. 4 (August 2002), pp. 1795-1828.
• "The Quiet Period Goes Out With a Bang" with Dan Bradley and Brad Jordan, Journal of Finance, Vol. 58, No. 1 (February 2003), pp. 1-36.
  • Winner of the Best Paper in Corporate Finance Award at the 2002 FMA meetings, McGraw-Hill.
• "Behavioral Finance", Jay R. Ritter, Pacific-Basin Finance Journal, Vol. 11, No. 4 (September 2003) pp. 429-437.  (If you are not authorized to download from North-Holland's website, please click on "Behavioral Finance".)
• "Differences between European and American IPO Markets"  European Financial Management, Vol. 9, No. 4 (December 2003), pp. 421-434.
• "The IPO Quiet Period Revisited," with Daniel J. Bradley, Bradford D. Jordan, and Jack G. Wolf, Journal of Investment Management, Vol. 2, No. 3 (Third Quarter 2004), pp. 3-13.
• "Why Has IPO Underpricing Changed Over Time?," with Tim Loughran. Financial Management, Vol. 33, No. 3 (Autumn 2004), pp 5-37.  Founding dates for 8,464 firms going public in the U.S. during 1975-2006, as described in Appendix A, can be downloaded here.  The underwriter reputation rankings used in this paper (see Appendix C in the paper for description) can be downloaded here. A list of internet IPOs as described in Appendix D is available here.  A list of IPOs from 1980-2003 with multiple share classes outstanding as described in Appendix B can be downloaded through here.  Copyright © 2004 Financial Management Association International, an affiliate of the Finman Corporation. Composed and printed by Dartmouth Printing Company, Hanover, NH. Printed in the U.S.A.
• "Economic Growth and Equity Returns", Jay R. Ritter, Pacific-Basin Finance Journal, Vol. 13, No. 5 (November 2005) pp. 489-503. 
• "Short Interest, Institutional Ownership, and Stock Returns" with Paul Asquith and Parag A. Pathak, Journal of Financial Economics, Vol. 78, No. 2 (November 2005), pp. 243-276.
• "Do Today's Trades Affect Tomorrow's IPO Allocation?" with M. Nimalendran and Donghang Zhang, Journal of Financial Economics, Vol. 84, No. 1 (April 2007), pp. 87-109.
• "Introduction to Recent Developments in Corporate Finance" May 2005, RitterFlyer.pdf
• "Affiliated Mutual Funds and the Allocation of Initial Public Offerings", with Donghang Zhang, Journal of Financial Economics, Vol. 86, No. 2 (November 2007), pp. 337-368.

• "Forensic Finance",  Journal of Economic Perspectives, Vol. 22, No. 3, (Summer 2008) pp. 127-147.

• "Testing Theories of Capital Structure and Estimating the Speed of Adjustment," Rongbing Huang and Jay R. Ritter, forthcoming Journal of Financial and Quantitative Analysis, 2008.

• "Analyst Behavior Following IPOs: The 'Bubble Period' Evidence" with D. Bradley and B. Jordan, Review of Financial Studies, Vol. 21, No. 1 (January 2008), pp. 101-133.
• "Testing Theories of Capital Structure and Estimating the Speed of Adjustment" with Rongbing Huang,  Journal of Financial and Quantitative Analysis, Vol. 44, No. 2 (April 2009) pp. 237-271.  Cambridge University Press.  "Copyright, University of Washington Foster School of Business".

Book Chapters and Essays

• "The Turn-of-the-Year Effect," pp. 705-706 in The New Palgrave Dictionary of Money and Finance, edited by J. Eatwell, M. Milgate, and P. Newman, London: MacMillan, 1992.
• "Going Public," Kathleen Weiss Hanley and Jay R. Ritter, pp. 248-255 in The New Palgrave Dictionary of Money and Finance, edited by J. Eatwell, M. Milgate, and P. Newman, London: MacMillan,1992.
• "Racetrack Betting--An Example of a Market with Efficient Arbitrage," pp. 431-441 in Efficiency of Racetrack Betting, edited by D. B. Hausch, Victor S. Y. Lo, and W. T. Ziemba, San Diego:Academic Press, 1994.
• "Initial Public Offerings," Roger G. Ibbotson and Jay R. Ritter, Chapter 30 (pp. 993-1016) in Handbooks of Operations Research and Management Science: Finance edited by R. Jarrow, V. Maksimovic, and W. Ziemba, Amsterdam: North-Holland, 1995.
• "Initial Public Offerings," in Warren, Gorham, and Lamont Handbook of Modern Finance edited by Dennis Logue and James Seward, Boston and New York: WGL/RIA 1998.            
  • Reprinted (with modifications) in Vol. 2, Contemporary Finance Digest, (Spring 1998) No. 1, pp. 5-30.
• "Investing Rules on IPOs" in The Book of Investing Rules edited by Stephen Eckett, London:  Global Investor, 2001.
• "The Future of the New Issues Market," Published as pp. 293-308 of Brookings-Wharton Papers on Financial Services 2002.
• "Investment Banking and Securities Issuance," Chapter 5 (pp. 255-306) of  Handbook of the Economics of Finance edited by George Constantinides, Milton Harris, and René Stulz, Amsterdam:  North-Holland, (2003).

Working Papers

• "Big IPO Runups of 1975-2006," January 2008.
• "Money Left on the Table in IPOs," February 2008.

• "Some Factoids About the 2008 IPO Market," May 2009.

              +    IPOs 2008 sorts

              +    IPOs 2008 underwriting

              +    IPOs 2008 foreign

              +    IPOs 2008 long run returns

              +    IPOs 2008 VC-backed IPOs

• "The Marketing of Seasoned Equity Offerings", with Xiaohui Gao, August 2008.
• "An Economic Analysis of IPO Spinning", with Xiaoding Liu, May 2009.
• "Multiple Bookrunners in IPOs", with Wendy Y. Hu, December 2007.

Grants, Prizes, Fellowships, Short-term visiting positions, etc.

• Institute for Quantitative Research in Finance, 1987, for "The Long Run Performance of Initial Public Offerings"
• MBA Faculty Fellowship, 1990
• Smith Breeden Prize for the best article in the Journal of Finance, 1991
• MBA Professor of the Year (elective courses), 1992
• Commerce Alumni Association Graduate Excellence-in-Teaching Award, 1993
• Chicago Board of Trade Competitive Research Award, 1993
• Hooker Distinguished Visiting Professor, McMaster University, March 1994
• Outstanding Paper Award for the best article in the Journal of Financial Research, 1996.
• Visiting Professor, Chinese University of Hong Kong, April 1998.
• MBA Professor of the Year (elective courses), 2000
• Distinguished Scholar Award, Southern Finance Association, 2001
• University of Florida Research Foundation professorship award, 2002-2004
• McGraw-Hill Best Paper in Corporate Finance prize, 2002 FMA meetings
• UOB Visiting Professor, Nanyang Tech (Singapore), May-June 2003
• Bertil Danielsson Visiting Professor, Sweden, April-May 2004
• Visiting Professor, INSEAD (Singapore), April 2005
• Visiting Scholar, Indiana University, September 2006
• Visiting Scholar, Rensselaer Polytechnic Institute, September 2006
• Visiting Scholar, Singapore Management University, July 2007
• Yu-Ziang Advanced Workshop in Finance and Economics, Yuan Ze University, July 2007
• Visiting Professor, Aarhus Business School, Denmark, April 2008
• Distinguished Lecturer, KAIST (Seoul, Korea), September 2008
• Distinguished Scholar Award, Eastern Finance Association, 2009

Associate Editorships

• Associate Editor, European Financial Management, 2008-present
• Associate Editor, Financial Management, 1990-1993, 2000-present
• Associate Editor, Journal of Finance, 1991-2000
• Associate Editor, Journal of Financial Economics, 1993-present
• Associate Editor, Journal of Financial Research, 1993-1999
• Associate Editor, Pacific-Basin Finance Journal, 1997-present
• Associate Editor, Journal of Behavioral Finance, 2000-present
• Associate Editor, Journal of Financial and Quantitative Analysis, 2001-present
• Associate Editor, Review of Financial Studies, 2003-2006

Service Since 1989

• Various Department Committees, including:
  • Section leader, campus charitable fund drive, 1990
  • Corporate Finance Ph.D. Prelim committee, (1990-96)
  • Investments Ph.D. Prelim committee (1990-95)
  • Department of Finance Executive Committee (1990-92, 1994-95)
  • Teaching Performance Committee (1993-95)
  • Graduate Standards Committee (1993-94)
  • Seminar Coordinator (1997-present)
• Various College committees, including:
  • Ad hoc Financial Database Advisory Committee, (1991-94)
  • College of Commerce Executive Committee (1991-92, 1993-94)
  • Commerce '95 Steering Committee (1990-93)
  • Executive Education Committee (1989-92)
  • Affirmative Action Committee (1994-95)
  • MBA Educational Policy Committee (1990-91)
  • Chairman, BEBR Research Programmer Search Committee, 1990
  • Chairman, Associate Director of Placement Search Committee, 1993
  • Assistant Director of Development Search Committee, 1995
  • Research Committee, (chairman 1997-2001, 2007-present; chairman 1997-98 and 2000-01)
  • Promotion and Tenure Committee, (2000-2006 and 2009-2009; chairman 2001-2002 and 2005-06 and 2008-09)
  • Dean's Advisory Committee (2005-2007)
• University committee:
  • Promotion and Tenure Committee, (1993-95; chairman, 1994-95)
  • University of Florida Foundation Investments Committee, Special Advisor (1999-2003)
• American Finance Association:
  • Director (1993-95)
  • Membership Chairman (1996-1997)
• Financial Management Association:
  • Awards Committee
  • Doctoral Consortium (participant, 1999; coordinator, 2001)
• Program Committee, Western Finance Association meetings (1989-95,1997-98,2000-04)
• Program Committee, Asian Pacific Finance Assoc. meetings, (1995, 2002-2003)
• External reviewer, University of Iowa Finance Department, 1994
• NASD-NYSE Blue Ribbon Committee on IPO Regulations, (2002-03)
• Letters of recommendation: About 10 per year for promotion and tenure cases at other schools

Teaching Since 2000

2000-01 Ph.D. course in corporate finance (Finance 7808): 1 section, rating of 4.7
              MBA advanced corporate finance (Finance 6429): 2 sections, ratings of 4.5 and 4.5

2001-02 MBA advanced corporate finance (Finance 6429): 2 sections, ratings of 4.5 and 4.8

2002-03 Ph.D. course in corporate finance (Finance 7808):  1 section, rating of 5.0

2003-04 Ph.D. course in corporate finance (Finance 7446): 1 section, rating of 5.0
              Ph.D. course in corporate finance (Finance 7808): 1 section, rating of 5.0

2004-05 Ph.D. course in corporate finance (Finance 7446): 1 section, rating of 4.8
              Ph.D. course in corporate finance (Finance 7808): 1 section, rating of 5.0

2005-06 Advanced undergraduate corporate finance (Finance 4414):  3 sections, ratings of 4.2, 4.4, and 4.7

2006-07 Ph.D. course in corporate finance (Finance 7446):  1 section, rating of 5.0

2007-08 Ph.D. course in corporate finance (Finance 7446):  1 section, rating of 5.0
              Ph.D. course in corporate finance (Finance 7808): 1 section, rating of 5.0

Note: All teaching ratings are on a 1-5 basis, with 5 being the highest.

Seminar and Professional Meetings Presentations Since 1989

• Western Finance Association: June 1989, 1991, 1992, 1994, 1995, 1997, 1998, 1999, 2000, 2002, 2003, 2004, 2005, 2006
• American Finance Association: December 1989 and 1990; January 1993, 1994, 1995, 1996, 1997, 2000, 2002, 2003, 2004, 2005, 2007, 2008, 2009
• Financial Management Association:  October 1999, 2001, 2003, 2004
• European meetings of the FMA:  May 2007
• EVI (Entrepreneurship, VC, and IPOs) Conference: April 2002, June 2004, December 2006
• Notre Dame:  November 1992, October 2004
• University of Chicago:  December 1993, October 2004
• University of Illinois: April 1991, October 1993, April 1995, September 2001
• University of Iowa: November 1992, September 2001
• Vanderbilt University: March 1989, September 1997.
• Garn Institute of Finance Conference: September 1989
• CRSP Seminar on the Analysis of Securities Prices: November 1989, May 1993
• Institute for Quantitative Research in Finance: October 1990
• Southern Methodist University: October 1990
• NBER: January 1991, July 1991 and 1992, March 1993, December 1994, August 1995, April 1996, July 1998, November 2000, May 2001, April 2002, May 2007
• University of Florida: February 1991, November 1995, December 1999
• Georgetown University: March 1991, March 1996
• University of Rochester: May 1991
• University of Wisconsin Johnson Symposium: August 1991
• Columbia University: October 1991
• Virginia Tech: October 1991, March 2003
• Loyola of Chicago: March 1992
• Midwest Finance Association: March 1992
• Purdue University: September 1992
• Indiana University: October 1992, September 2001, September 2006
• Boston College: October 1992, October 1995, October 1998, September 2001
• MIT: October 1992, October 1995
• Pennsylvania State University: October 1992, October 2002
• Texas Christian University: January 1993
• University of Missouri: January 1993
• University of Oklahoma: January 1993
• Ohio State University: February 1993, May 2000
• Harvard University: February 1993, July 1996
• EIASM, Brussels: March 1993
• London Business School: April 1993
• London School of Economics: April 1993
• UC-Irvine: June 1993, September 2007
• UCLA: June 1993, April 1999
• Pacific Basin Finance Conference: July 2002, June 1993
• Asian Finance Association: July 2004, July 2007, July 2008
• Hong Kong U of Science & Technology: June 1993, May 2001
• National Taiwan University: June 1993
• Korea University: July 1993, May 2001
• Michigan State University: September 1993, October 2002
• Cornell University: October 1993, November 1998, April 2004
• University of Colorado: October 1993, September 2001, September 2007
• Tulane University: January 1994, April 1999
• Berkeley Program in Finance: March 1994
• University of Washington: May 1994
• Northwestern University: September 1994
• Dartmouth College Conferences: May 1993, October 1995, May 1997, June 2004
• Yale University: December 1995
• Milken Institute: December 1995
• Boston University: April 1996
• Humboldt University, Berlin, Germany IPO conference: September 1996
• Stockholm School of Economics: September 1996, May 2004
• Emory University: April 1997
• University of Texas: April 1997
• New York Fed: June 1997
• University of Miami: October 1997
• University of Central Florida: April 1998
• City University (Hong Kong): April 1998, May 2001
• Chinese University of Hong Kong: April 1998
• Norwegian School of Management: April 1998, May 2008
• Copenhagen Business School: April 1998, May 2008
• U of North Carolina Tax Conference: May 1998
• Georgia Tech International Finance Conference: May 1998
• Australasian Banking and Finance Conference: December 1998, December 2003, December 2007
• University of Auckland: December 1998
• Duke University: February 1999
• University of Maryland: March 1999
• University of Arizona: April 1999
• Arizona State University: April 1999
• University of Waterloo: May 1999
• University of Georgia: November 1999
• NYSE Conferences: December 1999, March 2003
• Society of Financial Studies Conference: April 2000
• Bangkok Accounting, Econ, and Finance Conference: June 2000
• Australasian consortium of universities teleseminar: June 2000
• Amsterdam ABN AMRO IPO Conference: July 2000
• Atlanta Fed Asset Pricing Conference: September 2000
• Chicago Quantitative Alliance: September 2000
• INSEAD:  March 2001
• Politecnica University (Milan, Italy):  March 2001
• Banknord SIM Conference (Milan, Italy):  March 2001
• Clemson University:  May 2001
• Korea Stock Exchange:  May 2001
• Chung-Ang University (Korea):  May 2001
• University of California-Davis:  May 2001
• University of Pennsylvania:  September 2001
• University of Houston:  September 2001
• Brooking Institution:  January 2002
• New York University:  March 2002
• Asian Institute of Corporate Governance Conference:  May 2002; May 2003
• Yuan Ze University (Taiwan):  May 2002
• National Taiwan University Conference:  May 2002
• Global Finance Conference (Beijing):  May 2002
• Tsinghua University:  May 2002
• Peking University:  May 2002
• APFA/PACAP/FMA Tokyo Conference: July 2002
• Brazilian Finance Association, Rio de Janeiro: July 2002
• Latin American Meetings of the Econometric Society: July 2002
• University of Alabama:  September 2002
• University of Southern California:  March 2003
• Stanford:  March 2003
• University of California, Berkeley:  March 2003
• University of South Carolina:  April 2003
• Vanderbilt Financial Markets Research Center Conference:  April 2003
• Texas A&M:  April 2003
• University of New Mexico:  April 2003
• Nanyang Tech (Singapore):  May 2003
• Barclays Global Investors:  October 2003
• University of North Carolina:  November 2003
• Center for Financial Studies, Frankfurt:  January 2004
• Iowa State: March 2004
• University of Dayton: April 2004
• University of Pittsburgh: April 2004
• Carnegie-Mellon University: April 2004
• Gothenburg University: April 2004
• Stockholm Institute for Financial Research: May 2004
• Bundesbank Spring Conference: May 2004
• BARRA Conference: May 2004
• Taiwan Stock Exchange: July 2004
• University of Virginia: September 2004
• University of Michigan: November 2004
• Ohio State conference on Conflicts of Interest: December 2004
• European Finance Association: August 2005
• National University of Singapore: April 2005
• Singapore Management University: April 2005, July 2007
• U of Alberta/U of Calgary conference: April 2005
• Bank for International Settlements: August 2005
• University of Utah: September 2005
• University of Toronto: September 2005
• York University: September 2005
• University of Maryland conference:  March 2007
• Citigroup Quantitative conference, Cannes: June 2007
• China Research conference (CUHK, Hong Kong): July 2007
• NUS (Singapore) Saw Centre conference: July 2007
• Brigham Young University, September 2007
• European FMA Symposium on IPOs, April 2008
• Helsinki School of Economics, May 2008
• University of Amsterdam, May 2008
• KAIST (Seoul), September 2008
• George Washington University Law School Conference, April 2009

Selected Quotes and References in Newspapers and Magazines Since 1989

• Wall Street Journal: June 19, 1989; October 9, 1989; May 10, 1991; June 24, 1991; March 2, 1992; September 7, 1993; March 17, 1994; March 8, 1995; February 13, 1997; March 6,1997; April 10,1997; February 24, 1999; April 5,1999; April 19, 1999; May 3, 1999; May 4, 1999; May 25, 1999; June 21, 1999; August 6, 1999; September 3, 1999; September 28, 1999; September 29, 1999; October 4, 1999; November 1, 1999; November 3, 1999;November 15, 1999; November 17, 1999; December 9, 1999; December 13, 1999; December 20, 1999 (two stories); December 29, 1999; February 28, 2000; March 10, 2000; April 19, 2000; April 19, 2000 (Florida edition); April 26, 2000; June 26, 2000; July 28, 2000; October 2, 2000; December 13, 2000; January 2, 2001; January 29, 2001; March 7, 2001; April 9, 2001; April 16, 2001; May 25, 2001; May 29, 2001; July 9, 2001; September 4, 2001; September 27, 2001; November 12, 2001; November 28, 2001; January 28, 2002; March 5, 2002; April 4, 2002; June 6, 2002; July 8, 2002; September 23, 2002; September 30, 2002; January 27, 2003; May 12, 2003; July 15, 2003; Sept. 15, 2003; November 11, 2003; April 30, 2004; July 27, 2004; August 19, 2004; November 29, 2004; March 21, 2005; May 9, 2005; May 31, 2005; July 6, 2005; August 18, 2005; August 22, 2005; September 6, 2005; December 14, 2005; December 19, 2005; January 3, 2006; February 15, 2006; April 8, 2006; April 20, 2006; July 17, 2006; May 14, 2007; May 24, 2007; September 4, 2007; October 15, 2007; February 26, 2008; March 20, 2008; June 23, 2008; October 13, 2008; October 22, 2008; October 27, 2008; November 8, 2008; November 21, 2008 (two articles); January 14, 2009; January 29, 2009; May 4, 2009
• Forbes: June 24, 1991; June 22, 1992; August 15, 1994; November 7, 1994; April 24, 1995; June 17, 1996; June 2, 1997; August 9, 1999; November 29, 1999 (Forbes ASAP); May 15, 2000; March 31, 2003; June 5, 2006
• Fortune: November 4, 1991; October 18, 1993; August 2, 1999; April 17, 2000; May 14, 2001; January 7, 2002, June 24, 2002 (two articles)
• Business Week: April 4, 1994; March 27, 1995; December 18, 1995; November 9, 1998; December 21, 1998; April 19, 1999; November 22, 1999; April 3, 2000; January 15, 2001; March 19, 2001; April 16, 2001; April 30, 2001; May 13, 2002; September 9, 2002; September 23, 2002; February 10, 2003; June 16, 2003; March 29, 2004; May 24, 2004; July 5, 2004; July 12, 2004; August 2, 2004; February 27, 2006 (2 stories)
• Money: June 1992; July 1995; January 1997; February 2000
• New York Times: February 28, 1993; June 12, 1993; September 24, 1995; June 9, 1996; July 20, 1997; January 2, 2000; February 4, 2001; February 8, 2001; March 18, 2001; May 2, 2001; May 19, 2002; October 4, 2002; December 15, 2002; May 1, 2003; August 31, 2003 ; February 22, 2004; September 12, 2004; November 15, 2004; January 9, 2005; August 7, 2005; July 30, 2006; February 11, 2007
• Economist: May 29, 1993; April 23, 1994; November 15, 1997; May 15, 1999; May 17, 2000; December 23, 2000; May 26, 2001; December 15, 2001; January 26, 2002; May 18, 2002; June 8, 2002; March 1, 2003; March 18, 2004; May 13, 2006; February 11, 2007
• Washington Post: July 23, 1993; June 22, 1994; July 23, 1997; August 12, 1999; February 27, 2000; June 17, 2001; June 19, 2002; October 14, 2004
• Time: August 2, 1993; February 19, 1996
• Newsweek: April 29, 1996; February 14, 2000; April 3, 2000, July 1, 2002
• U.S. News and World Report: November 1, 1999; February 28, 2000; March 6, 2000; June 25, 2001
• USA Today: June 24, 1991; October 25, 1993; November 11,1993; February 14, 1994; March 1, 1996; September 17, 1998; September 29, 1998; November 12, 1998; January 13, 1999; February 9, 1999; February 16, 1999; March 3, 1999; May 17, 1999; May 28, 1999; July 22, 1999; November 5, 1999; November 22, 1999; December 8, 1999; December 9, 1999; January 28, 2000; February 7, 2000; May 3, 2000; August 7, 2000; August 14, 2000; November 7, 2000; December 12, 2001; July 30, 2002; August 14, 2002; October 3, 2002 (two articles); November 13, 2002; November 26, 2002; December 19, 2002; April 24, 2003; June 27, 2003; December 4, 2003; April 28, 2004; May 6, 2004; October 14, 2004; October 26, 2004; December 16, 2004; February 17, 2005; July 15, 2005; August 4, 2005; August 8, 2005; September 15, 2005; February 2, 2006; June 2, 2006; August 2, 2006; March 28, 2007; June 25, 2007; February 26, 2008; March 20, 2008; December 23, 2008; January 19, 2009
• CNBC: August 16, 1999; August 19, 1999; October 29, 1999; November 17, 1999; November 23, 1999; May 18, 2000; February 5, 2001; April 4, 2001; June 13, 2001; June 27, 2001; May 17, 2004
• CNNfn:  March 28, 2003
• Bloomberg TV: May 18, 2000; May 19, 2000; April 23, 2001; December 24, 2002; other dates
• Barron's: December 13, 1999
• Kiplinger's: January 2005
• Others: Occasional references in articles from the Associated Press and Reuters, Los Angeles Times, Chicago Tribune, San Francisco Chronicle, San Jose Mercury-News, Gainesville Sun, SmartMoney, Worth, Industry Standard, Red Herring, Upside, CFO, Vanity Fair, Dow-Jones Newswire, CNNfn, Bloomberg, theStreet.com, CBS Marketwatch, Voice of America, Nightly Business Report, OnlineInvestor, Institutional Investor, Canada's National Post, etc.

      Last updated: August 2008

Jay R. Ritter

Finance Home Page

Warrington College of Business Home Page