University Profile Database

Dr. Adam Y.C. Lei

Email Addresses
adam.lei@msutexas.edu
My Websites
  • Finance
    Bridwell Distinguished Professor of Finance

    Office Location
    Dillard College of Business Administration 219
    Office Hours

    Fall 2018

    M 1530 1730
    T 1300 1700
    W 1530 1730
    R 1300 1700

    Phone
    Voice: (940) 397-4403
    Fax: (940) 397-4693
  •   Semester Course # Section Course Name Location Days / Times
    Details Fall 2018 FINC 4833 101 Security Analysis & Portfolio Management Dillard College of Business Administration 175

    MW 1100 1220

    Details Fall 2018 FINC 3733 X10 Business Finance Dillard College of Business Administration

    ONLINE

    Details Fall 2018 FINC 3353 101 Financial Markets & Institutions Dillard College of Business Administration 175

    MW 1400 1520

    Details Summer II 2018 FINC 4733 470 Investments Dillard College of Business Administration 175

    MTWR 1850 2050

    Details Summer II 2018 FINC 3733 X40 Business Finance Dillard College of Business Administration

    ONLINE

    Details Spring 2018 FINC 4733 201 Investments Dillard College of Business Administration 175

    MW 1100 1220

    Details Spring 2018 FINC 3733 X20 Business Finance Dillard College of Business Administration 175

    ONLINE

    Details Spring 2018 FINC 3353 270 Financial Markets & Institutions Dillard College of Business Administration 175

    MW 1730 1850

    Details Fall 2017 FINC 4833 101 Security Analysis & Portfolio Management Dillard College of Business Administration 175

    MW 1100 1220

    Details Fall 2017 FINC 3733 170 Business Finance Dillard College of Business Administration 177

    M 1730 1850 (HYBRID)

    Details Fall 2017 FINC 3353 101 Financial Markets & Institutions Dillard College of Business Administration 175

    MW 1400 1520

    Details Summer II 2017 FINC 4733 470 Investments Dillard College of Business Administration 178

    MTWR 1850 2050

    Details Summer II 2017 FINC 3733 X40 Business Finance Dillard College of Business Administration

    ONLINE

    Details Spring 2017 FINC 4733 201 Investments Dillard College of Business Administration 175

    MW 1100 1220

    Details Spring 2017 FINC 3733 201 Business Finance Dillard College of Business Administration 175

    M 1400 1520 (HYBRID)

    Details Spring 2017 FINC 3353 270 Financial Markets & Institutions Dillard College of Business Administration 175

    MW 1730 1850

  • Institution Degree Graduation Date
    National Cheng Kung University BBA, Industrial Management 1995
    National Chung Cheng University MBA, Finance 1997
    Louisiana State University MS, Finance 2004
    Louisiana State University PhD, Finance 2005
  • Institution Position Start Date End Date
    Midwestern State University Assistant Professor of Finance 2005-Aug 2011-Jul
    Midwestern State University Associate Professor of Finance 2011-Aug 2017-Jul
    Midwestern State University Bridwell Distinguished Professor of Finance 2014-Aug Present
    Midwestern State University Professor of Finance 2017-Aug Present
  • Refereed Articles 

    Gaharan, C. & Lei, A. Y. (2016).  Information Quality and Earnings Enhancement of the Bargain Purchase Gain.  Journal of Accounting and Finance, 16 (5), 105-110.

    Lei, A. Y. & Li, H. (2016).  Stock Acquisitions, Investor Recognition, and Announcement Returns.  Managerial Finance, 42 (6), 518-535 (lead article).

    Lei, A. Y. & Li, H. (2015).  Portfolio Performance Evaluation Benchmark: A Note.  Journal of Economics and Finance Education, 14 (1), 1-7 (lead article).

    Lei, A. Y. & Li, H. (2013).  Does It Pay to Realize Tax Losses at the Year-End?  Financial Services Review, 22 (3), 187-209 (lead article).

    Lei, A. Y. & Li, H. (2013).  Does Information Production Explain Bidder Liquidity after Takeovers?  Managerial Finance, 39 (10), 915-937.

    Lei, A. Y. & Li, H. (2012).  Using Bloomberg Terminals in a Security Analysis and Portfolio Management Course.  Journal of Economics and Finance Education, 11 (2), 17-33.

    Lei, A. Y. & Li, H. (2012).  Short-lived Information and Order Strategies: A Clinical Study.  Managerial Finance, 38 (2), 143-164.

    Boulatov, A., Hatch, B. C., Johnson, S. A., & Lei, A. Y. (2009).  Dealer Attention, the Speed of Quote Adjustment to Information, and Net Dealer Revenue.  Journal of Banking and Finance, 33 (8), 1531-1542.

    Lei, A. Y. & Li, H. (2009).  The Value of Stop Loss Startegies.  Financial Services Review, 18 (1), 23-51.

    Lei, A. Y. & Li, H. (2007).  Automatic Investment Plans: Realized Returns and Shortfall Probabilities.  Financial Services Review, 16 (3), 183-195.

    Presentation of Refereed Papers 

    International

    Lei, A. Y. (2008). Arbitrage in Dual Classes: The Case of Berkshire Hathaway.   Southern Finance Association (SFA), Key West, Florida.

    Lei, A. Y. & Li, H. (2008). The Value of Stop Loss Strategies.   Southern Finance Association (SFA), Key West, Florida.

    Lei, A. Y. (2008). Arbitrage in Dual Classes: The Case of Berkshire Hathaway.   Financial Management Association International (FMA), Grapevine, Texas.

    Lei, A. Y. & Li, H. (2008). The Value of Stop Loss Strategies.   Financial Management Association International (FMA), Grapevine, Texas.

    Johnson, S. A., Lei, A. Y., Lin, J., & Sanger, G. C. (2007). The Composite Trading Volume Trend, Sentiment and Market Returns.   Southern Finance Association (SFA), Charleston, North Carolina.

    Johnson, S. A., Lei, A. Y., Lin, J., & Sanger, G. C. (2006). Trading Volume Trend, Investor Sentiment, And Stock Returns.   Financial Management Association International (FMA), Salt Lake City, Utah.

    Kayhan, A., Lei, A. Y., & Lin, J. (2006). Leverage, Accruals, And Cross-Sectional Stock Returns.   Financial Management Association International (FMA), Salt Lake City, Utah.

    Lei, A. Y. & Li, H. (2006). Trading Volume Shocks and Subsequent Stock Returns.   Southern Finance Association (SFA), Destin, Florida.

    Lei, A. Y. & Li, H. (2006). Trading Volume Shocks and Subsequent Stock Returns.   Financial Management Association International (FMA), Salt Lake City, Utah.

    Lei, A. Y. (2003). Dividend Pricing: Tax Effects in the Face of Insitutional Dominance.   Financial Management Association International (FMA), Denver, Colorado.

    Lei, A. Y. (2002). Trading Volume-Conditioned Relationships between Past Return, Contemporaneous return, and Future Return.   Financial Management Association International (FMA), San Antonio, Texas.

    National

    Lei, A. Y. & Li, H. (2016). Stock Acquisitions, Investor Recognition, and Announcement Returns.   Southwestern Finance Association (SWFA), Oklahoma City, Oklahoma .

    Lei, A. Y. & Li, H. (2013). Does It Pay to Realize Tax Losses at the Year-End?   Southwestern Finance Association (SWFA), Albuquerque, New Mexico.

    Lei, A. Y. & Li, H. (2012). Using Bloomberg Terminals in a Security Analysis and Portfolio Management Course.   Southwestern Finance Association (SWFA), New Orleans, Louisiana.

    Lei, A. Y. & Li, H. (2011). Does Information Production Explain Bidder Liquidity after Takeovers?   Southwestern Finance Association (SWFA), Houston, Texas.

    Lei, A. Y. & Li, H. (2010). Still in the Air: Who React to False Information?   Southwestern Finance Association (SWFA), Dallas, Texas.