Mark S. Johnson January 5, 2015
Areas of Teaching Interest: Corporate Finance and Derivative Assets
Education:
Ph.D. Level Finance course-work, University of Washington 8/86-8/87
Ph.D. Ag. & Applied Economics, Washington State University 1987
M.S. Ag & Applied Economics, University of Minnesota 1981
B.S. Economics, University of Minnesota 1979
Full-time Faculty Positions:
Dept. of Finance, Michigan State Universitya,c 8/97-8/00, 8/02-present
University of International Business and Economics (SIE)d, Beijing 7-8/12
Dept. of Accounting and Finance, University of Michigan-Dearborna 8/00-8/02
Dept. of Finance, University of Michigana 8/94-8/97
Dept. of Business, University of Idahob 8/87-8/92; 8/93-8/94
Dept. of Finance, Wayne State Universitya 8/92-8/93
Dept. of Finance, University of Washingtona 8/85-8/86
a. Visiting Assistant Professor, b. Assistant Professor, c. Professor of Practice, d. Visiting Professor
Current Rank:
Professor of Practice
Current Working Papers:
Johnson, Mark S., A. J. Singh and Yifan Zhou. “Internet Gaming: Valuation Concerns for the Industry” Under Review at Journal of Hospitality Financial Management
Work in Progress:
Singh, A. J., Mark S. Johnson and Larry Yu. “Predicting the Financial Impact of the Travel Promotion Act”
Johnson, Mark S., Tolani Lawson and A.J. Singh “Data Breaches: Should Managers of Hospitality Firms be Alarmed? ”
Publications:
Johnson, Mark S., A. J. Singh and Qing Ma. “The Impact of Authorization of the Travel Promotion Act on Hotel Firm Stock Returns” February 2015 Cornell Hospitality Quarterly 56(1): 29-40
Johnson, Mark S., A. J. Singh and Qing Ma. “Financial Impact of the Travel Promotion Act on Hotel Firm Performance”. 2014 The Hospitality Financial Management Review 26, 2: 3-4
Johnson, Mark S., Min Jung Kang and Yifan Zhou. “The Impact of the Bio-terrorism Act on the Supply Chain and Firm Value” Fall 2014 Forthcoming , Journal of Finance Issues
Johnson, Mark S., Can Zhao, and Manav Garg. “The Impact of the Bio-terrorism Act on the Wealth of Canadian Food and Beverage Firms”. September 2013 International Research Journal of Applied Finance, 4, 9: 1182-1193
Blacconiere, Walter, Marilyn F. Johnson, and Mark S. Johnson. “Market Valuation of Deregulated Electric Utilities”. November 2000 Journal of Accounting and Economics, 20, 2: 231-260
Johnson, Mark S. and Ramesh P. Rao. 1999 “The Impact of Antitakeover Charter Amendment on Expectations of Future Earnings and Takeover Activity” Managerial and Decision Economics 20: 75-86
Johnson, Mark S., Marcia Niles and Stacey Suydam Winter 1998. "Regulatory Changes in the Electric Utility Industry: Investigation of Effects on Shareholder Wealth.” Journal of Accounting and Public Policy 17: 1-25.
Johnson, Mark S. and Ramesh P. Rao. November 1997. “The Impact of Antitakeover Amendments on Corporate Financial Performance.” Financial Review. 32: 25-56
Johnson, Mark S. and Ramesh P. Rao. Winter 1997. “Does Antitakeover Protection Reduce Myopic Managerial Investment Behavior?” Journal of Managerial Issues. 9:147-151.
Blacconiere, Walter, Marilyn F. Johnson, and Mark S. Johnson. Summer 1997 “Stranded Costs and Competitive Forces in the Electrical Utility Industry.” Journal of Accounting, Auditing and Finance. 12: 199-219.
Johnson, Mark S., Ron C. Mittelhammer and Don P. Blayney. 1994. “Stock Price Reaction to Regulation in the Meat Packing Industry.” Journal of Agricultural Economics Research. 45: 31-40.
Byrd, John, Walt Goulet, Marilyn Johnson and Mark Johnson. 1993. “Finance Theory and the New Investor Relations.” Journal of Applied Corporate Finance. 6: 48-53
Pettit O’Malley, Kathy and Mark S. Johnson. 1992. Differentiative Comparative Advertising: Some Positive Results Revealed by the Measurement of Simultaneous Effects on the Ad-sponsoring and Comparative Brands.” Journal of Current Issues and Research in Advertising 14:35-44
Johnson, Mark S., Ron C. Mittelhammer and Don P. Blayney. 1992. “Pesticide Industry Regulation: Economic Consequences as Revealed Through Stock Price Behavior." Agribusiness:An International Journal 8: 347-65.
Johnson, Mark S., Ron C. Mittelhammer and Don P. Blayney. 1991. “The Impact of Regulation on Shareholder Wealth in the Tobacco Industry: An Event Study Approach.” Agricultural Finance Review 51: 21-34.
Recent Press Referring to Travel Promotion Act Research, Forthcoming: Cornell Hospitality Quarterly:
Hills, Carla. “Scientific Evidence Points to Positive Impacts of Federal Travel Promotion Act, December 11, 2014, MSU Engaged Scholar E-Newsletter
Henion, Andy. July 8, 2014. Michigan State University Today online at http://msutoday.msu.edu/business/ and at http://phys.org/news/2014-07-campaign-fuels-1b-hospitality-industry.htmlU and at http://broad.msu.edu/2014/07/08/ and at http://www.thebrandusa.com/Media/In-The-News and at http:// broad.msu.edu/faculty-research/ Travel-campaign-fuels-1-billion-rise-hospitality-industry/ , Travel Campaign Fuels $1Billion Rise in Hospitality Industry, Press Release
Kiesel, Laura. August 5, 2014. Main St online at www.mainstreet.com and at Broad Weekly News for Faculty and Staff at (email to all business school). August 11, 2014 Obama’s Travel Promotion is Boosting Economy. Press Release
July 14, 2014. The Record: News for Faculty and Staff University of Michigan: Higher Ed Briefs online at www.record.umich.edu/articles/higher-ed-briefs-25 (email to all University of Michigan faculty) Travel Promotion Helps Economy, MSU study says. Press Release
Recent Presentation:
Green and White Forum, Supported by MSU Alumni Association, The Broad College of Business and the School of Hospitality Business Michigan State University, Lead Presentation October 16, 2014, Washington DC, research presentation : The Impact of Authorization of the Travel Promotion Act on Hotel Firm Stock Returns (Forthcoming February 2015 Cornell Hospitality Quarterly)
Book Review:
Johnson, Mark S. Fall 2000. "DOW 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market, by James K. Glassman and Kevin A. Hassett." Investor Relations Quarterly; A Journal of Corporate Value 57.
Teacher Evaluations:
Teacher evaluations average on a 1 to 5 scale (5 being perfect)
Overall Quality of the Course: Fall Semester 2014 Average All Courses 3.92
(based on 2 sections Fi 801, corporate finance, 1 section Fi 859, M&A, 1 section Fi 863, corporate control)
Overall Quality of the Course: Spring Semester 2014 Average All Courses 4.14
(based on 3 sections of Fi 478, derivatives)
Additional Semesters’ Evaluations Available on Request
Teaching Award:
Excellence in Teaching, Award, Finance Department, Michigan State University, 2006-2007
Current Committee Assignments at MSU:
Undergraduate Curriculum Committee
Past Committee Assignments at MSU:
Undergraduate Curriculum Committee
Masters Curriculum Committee
Departmental Advisory Committee
List of courses taught and institution
Course / MSU / UM / UW / UI / WSU / UM-D / UIBE1 / Introduction to Corporate Finance / U,G / U,G / U,G / U / U,G / U
2 / Advanced Corporate Finance / U,G / U / U
3 / Case Studies in Corporate Finance / U,G / U
4 / Introduction to Investments / U / U / U / U
5 / Advanced Investments / U
6 / Derivative Assets / U / G / U
7 / Case Studies in Risk Management / G
8 / Intermediate Managerial Economics / U
9 / Intermediate Macro Economics / U
11 / Bank Management / U
12 / International Finance / U / U
13 / Financial Strategies (team taught with Accounting) / G
14 / MS Finance Introductory Seminar / G
15 / Mergers and Acquisitions / G
16 / Market for Corporate Control / G
Notes:
U=undergraduate, G=MBA, MS Finance, MS Accounting
MSU: Michigan State University
UM: University of Michigan
UW: University of Washington
UI: University of Idaho
WSU: Wayne State University
UM-D: University of Michigan-Dearborn
UIBE: University of International Business and Economics, Beijing (Sinoway International Inc.)