Lee
M
.
Dunham, PhD, CFA
Chair, Economics and Finance
Professor
Contact
Heider College of Business
Economics & Finance - Business
Business Administration DBA (Doctorate)
Business Administration MBA (Master's)
Finance (Master's)
Investment Management and Financial Analysis (Master's)
Graduate School
HARP - Harper Center for Student Life & Learn
Lee M . Dunham, PhD, CFA
Chair, Economics and Finance
Professor
Dr. Lee Dunham is a professor of finance and the Department Chair of economics and finance at Creighton University Heider College of Business. The classes he teaches include Managerial Finance, Equity Analysis and Applied Finance Research. He is passionate about teaching and committed to bridging the gap between theory and practice in the classroom, an idea that he believes was missing from his finance courses during his undergraduate and graduate studies.
After working in the private sector for nearly ten years, Dr. Dunham chose to pursue a career in academia. He says, “My best days at work in the finance industry could never compete with the strong sense of achievement I feel when I witness a student’s ‘light-bulb moment’ during class.”
His ongoing research interests include FinTech, mutual funds, agency theory and payout policy.
Dr. Dunham received his BSBA in Finance and his MBA from the University of Missouri – St. Louis, his MS in Financial Economics from the University of New Orleans and his PhD in Finance from the University of Nebraska at Lincoln. He has also earned the Chartered Financial Analyst (CFA) designation. In addition to academia, Dr. Dunham enjoys traveling, St. Louis Cardinals baseball, watching live sporting events and spending time with his family.
Awards and Honors
- Creighton Graduate Business Faculty Member of the Year, 2015
- Cahill Award for Excellence, 2011, 2013, 2017, 2018, 2019
- FMA Superior Faculty Advisor, 2012-2020
Department
Economics and Finance
Position
Professor
Books
- The Handbook of Equity Market Anomalies
Dunham Lee M., Momentum: The Technical Analysis Anomaly [Book Chapter] 2019 - York Anne S., Dunham Lee M., Ahn Mark J., Vertical Versus Horizontal Integration in the Biopharma Industry: The Link between Acquisition Announcements and Stock Market Performance 2012
- Advances in Mergers and Acquisitions
Dunham Lee M., York Anne S., Vertical vs. Horizontal Integration in the Biopharma Industry : The Link between Acquisition Announcements and Stock Market Performance [Book Chapter] 2011
Publications
- Review of financial economics
Dunham Lee M., Obonyo Tirimba, Industry peers stock liquidity and M&A 2024 - Journal of forensic accounting research
Dunham Lee M., Garcia John, Grandstaff Jaime L., Wei Sijing, Do Employees Waive Financial Red Flags through the Glassdoor?
8:1, p. 160 - 187 2023 - Journal of economics and finance
Dunham Lee M., Wei Sijing, Zhang Jiarui, Does a CEO’s ability to hedge affect the firm’s payout policy? 2023 - Accounting Perspectives
Dunham Lee M., Grandstaff Jaime L., The Value Relevance of Earnings, Book Values, and Other Accounting Information and the Role of Economic Conditions in Value Relevance
21:2, p. 237 - 272 2022 - Managerial Finance
Dunham Lee M., Obonyo Tirimba, Wei Sijing, Do CEOs get rewarded for CSR activities in the director labor market?
48:1, p. 78 - 95 2022 - Journal of Economics and Finance
Borchers Sarah, Dunham Lee M., Tapping of the crowd 2022 - Journal of Economics and Business
Austin Rebekah E., Dunham Lee M., Do FinTech acquisitions improve the operating performance or risk profiles of acquiring firms? 2022 - Managerial Finance
Dunham Lee M., Garcia John, Measuring the effect of investor sentiment on financial distress
47:12, p. 1834 - 1852 2021 - Managerial Finance
Dunham Lee M., Obonyo Tirimba, Wei Sijing, Do CEOs Get Rewarded for CSR Activities in the Director Labor Market?
ahead-of-print:ahead-of-print 2021 - Managerial Finance
Dunham Lee M., Garcia John, Measuring the effect of investor sentiment on liquidity
47:1, p. 59 - 85 2021 - Journal of Wealth Management
Dunham Lee M., Washer Kenneth M., Using life tables for retirement planning
23:3, p. 28 - 36 2020 - Managerial Finance
Dunham Lee M., Garcia John, Measuring the Effect of Investor Sentiment on Liquidity
ahead-of-print:ahead-of-print, p. 59 - 85 2020 - Journal of Economics and Finance
Dunham Lee M., Does a CEO’s hedging ability affect the firm’s capital structure?, p. 1 - 16 2017 - Journal of Business Ethics
Dunham Lee M., Jorgensen Randy D., Washer Kenneth M., Securities Lending Activities in Mutual Funds and ETFs: Ethical Considerations
139:1, p. 21 - 28 2016 - Journal of Wealth Management
Dunham Lee M., Simpson Thuy H., An Analysis of the Impact of Securities Lending on the Performance of ETFs
17:4, p. 75 - 84 2015 - CFA Digest
Dunham Lee M., An Integrated Risk-Budgeting Approach for Multi-Strategy Equity Portfolios
44:11 2014 - Managerial Finance
DeFusco Richard A., Dunham Lee M., Geppert John, An empirical analysis of the dynamic relation among investment, earnings and dividends
40:2, p. 118 - 136 2014 - CFA Digest
Dunham Lee M., Conflicting Family Values in Mutual Fund Families
43:3 2013 - C.F.A. Digest
Dunham Lee M., The Seeds of a Crisis: A Theory of Bank Liquidity and Risk Taking over the Business Cycle [Review]
43:1, p. 40 - 42 2013 - C.F.A. Digest
Dunham Lee M., Washer Kenneth M., Wildy Martin A., The Ethics of Hedging by Executives [Review]
43:1, p. 12 - 14 2013 - Journal of Business Ethics
Dunham Lee M., Washer Ken, The Ethics of Hedging by Executives
111:2, p. 157 - 164 2012 - CFA Digest
Dunham Lee M., Setting the Benchmark: Spotlight on Private Equity
42:3, p. 135 - 137 2012 - Journal of Finance and Investment Analysis
Washer Kenneth M., Dunham Lee M., Inflation Risk and Asset Class Performance
1:3, p. 61 - 72 2012 - CFA Digest
Dunham Lee M., Currency Hedged Benchmark Replication: Challenges and Improvements
42:1, p. 87 - 89 2012 - Journal of Wealth Management
Dunham Lee M., Friesen Geoffrey C., Building a Better Mousetrap: Enhanced Dollar-Cost Averaging
15:1, p. 41 - 50 2012 - Journal of Economics and Finance
Dunham Lee M., Managerial hedging ability and firm risk
36:4, p. 882 - 899 2012 - Journal of Investing
Dunham Lee M., Simpson T. H., The impact of securities lending on index fund performance
21:2, p. 9 - 16 2012 - CFA Digest
Dunham Lee M., The Internal Governance of Firms
41:4, p. 23 - 25 2011 - CFA Digest
Dunham Lee M., The Determinants of Corporate Cash Management Policies: Evidence from Around the World
41:3, p. 14 - 16 2011 - CFA Digest
Dunham Lee M., Hedging Real Estate Risk
40:1, p. 15 - 17 2010 - Journal of Index Investing
Dunham Lee M., Simpson Thuy H., Do Index Fund Managers Trade Opportunistically around Index Changes? An Empirical Examination of S&P 500 Index Funds
1:3, p. 58 - 64 2010 - CFA Digest
Dunham Lee M., Market and Political/Regulatory Perspectives on the Recent Accounting Scandals
39:4, p. 3 - 5 2009 - CFA Digest
Dunham Lee M., The Crisis in Perspective: The Cost of Being Quiet
39:3, p. 35 - 36 2009 - Journal of Banking and Finance
Friesen Geoffrey C., Weller Paul A., Dunham Lee M., Price trends and patterns in technical analysis
33:6, p. 1089 - 1100 2009 - North American Actuarial Journal
Dunham Lee M., Friesen Geoffrey C., An Empirical Examination of Jump Risk in U.S. Equity And Bond Markets
11:4, p. 76 - 91 2007
Awards
- Creighton Graduate Business Faculty Member of the Year, 2015
- Creighton Undergraduate Business Faculty Member of the Year, 2023
- Cahill Award for Excellence, 2011, 2013, 2017, 2018, 2019, 2021, 2022. 2023
- FMA Superior Faculty Advisor, 2012-2021