Fulton Hall 560D
Telephone: 617-552-2767
Email: alan.marcus@bc.edu
Derivative Markets; Investments; and Security Pricing.
Articles
“Relative Sentiment and Stock Returns.” (With Roger M. Edelen and Hassan Tehranian.) Financial Analysts Journal, 66 (4), 20-32. July/August 2010.
“Opaque Financial Reports, R-square, and Crash Risk.” (With Amy Hutton and Hassan Tehranian.) Journal of Financial Economics, 94 (1), 67-86. October, 2009.
“Corporate Governance and Pay-for-Performance: The Impact of Earnings Management.” (With Marcia Cornett and Hassan Tehranian.) Journal of Financial Economics, 87 (2), 357-373. February, 2008.
“The Impact of Institutional Ownership on Corporate Operating Performance.” (With Marcia Cornett, Anthony Saunders and Hassan Tehranian.) Journal of Banking and Finance, 31 (6), 1771-1794. June, 2007.
“Optimal Estimation of the Risk Premium for the Long Run and Asset Allocation: A Case of Compounded Estimation Risk.” (With Eric Jacquier and Alex Kane.) Journal of Financial Econometrics, 3 (1), 37-55. Winter, 2005.
Books
Essentials of Investments, ninth edition. (With Richard Brealey and Stewart Myers.) 2009.
Fundamentals of Corporate Finance, seventh edition. (With Alex Kane and Zvi Bodie.) 2013.
Professor Marcus has served as a Research Fellow at the National Bureau of Economic Research, where he participated in both the Pension Economics and the Financial Markets and Monetary Economics Groups. He also spent two years at the Federal Home Loan Mortgage Corporation (Freddie Mac), where he helped to develop mortgage pricing and credit risk models. He currently serves on the Research Foundation Advisory Board of the CFA Institute.