Financial Institutions, Markets, and Money

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Über die Autorinnen und Autoren: Dr. David S. Kidwell is Professor of Finance and Dean Emeritus at the Curtis L. Carlson School of Management at the University o Minnesota. He holds an undergraduate degree in mechanical engineering from California State University at San Diego, an MBA from California Sate University at San Francisco, and a PhD in finance from the University o Oregon.

Before joining the University of Minnesota, Dr. Kidwell was Dean of the School of Business Administration at the University of Connecticut. Prior to joining the University of Connecticut, he held endowed chairs in banking and finance at Tulane University, the University of Tennessee, and Texas tech University. He was also on the faculty at the Krannert Graduate School of Management, Purdue University, where he was twice voted the outstanding undergraduate teacher of the year. Dr. Kidwell has published research in the leading journals, including Journals of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Financial Management, and Journal of Money, Credit, and Banking.

Dr. Kidwell has been a management consultant for Coopers & Lybrand and a sales engineer for Bethlehem Steel Corporation. He is an expert on the U.S. financial system and is the author of more than 80 articles dealing with the U.S. financial system and capital markets. Dr. Kidwell has participated in a number of research grants funded by the National Science Foundation to study the efficiency of U.S. capital markets, and to study the impact of government regulation upon the delivery of consumer financial services.

Dr. Kidwell currently serves on the Board of the Schwan Food Company. He is the past Secretary-Treasurer of the Board of Directors of AACSB, the International Association for Management Education. he is a past member of the Boards of the Minnesota Council for Quality, the Stonier Graduate School of Banking, and the Minnesota Center for Corporate responsibility. he has also served as an Examiner for the 1995 Malcolm Baldrige National Quality Award, on the Board of Directors of the Juran Center for Leadership in Quality and on the Board of the Minnesota Life Insurance Company.

Dr. David W. Blackwell is the James W. Aston/Republic Bank Professor of Finance and Associate Dean for Graduate Programs at Texas A&M, Dr. Blackwell worked several years as a consultant with PricewaterhouseCoopers LLP and KPMG LLP. before his stint in the Big 4, Dr. Blackwell served on the Faculties of the University of Georgia, the University of Houston, and Emory University. He was also a visiting professor at the University of Rochester.

Dr. Blackwell's areas of expertise include corporate finance, commercial bank management, and executive compensation. His publications have appeared in the leading scholarly journals of finance and accounting such as Journal of Finance, Journal of Financial Economics, Journal of Financial Quantitative Analysis, Financial Management, Journal of Financial Research, Journal of Accounting research, and Journal of Accounting and Economics.

While in the Big 4, Dr. Blackwell consulted on a brad range of litigation matters including securities, breach of contract, and intellectual property infringement cases. He also consulted on matters involving securities and business valuation, corporate governance, and executive compensation.

In addition, Dr. Blackwell has delivered executive education seminars in corporate finance and management of financial institutions for IBM, Kaiser Permanente, Chemical bank, Southwire Company, Georgia Bankers Association, Warsaw Institute of Banking, Bratislava Institute of Banking, and the people's Construction bank of China (PRC).

Dr. Blackwell earned his PhD in Finance in 1986 and his BS in Economics in 1981, both from the University of Tennessee, Knoxville. He is a past president of the Southern Fiance Association, and a former Associate Editor of the Journal of Financial