Michaël Dewally

Professor, Department of Finance

Photo of Michaël  Dewally

Contact Info

Phone:
410-704-4902
Office:
Stephens Hall, 316 L

Currently Teaching

  • Spring: FIN333.002 - INVEST & EQUITY SECUR ANALYSIS
  • Spring: FIN423.001 - INVEST & FIX INCOME SEC ANALYS
  • Spring: FIN433.001 - PORTFOLIO MANAGEMENT


Education

Ph D, Finance, University of Oklahoma, 2002
MBA, Finance, University of Oklahoma, 1997
Other, Materials Science, ENSI de Caen - ISMRA, 1994

Areas of Expertise

Investments

Corporate Governance

Behavioral Finance

Selected Publications and Presentations

  • Extending Trade Credit as Socially Responsible Companies: Evidence from the COVID-19 Pandemic,
    Publisher: International Journal of Managerial Finance, April (2nd Quarter/Spring), 2025
  • Is it beneficial to be part of a banking group?,
    Publisher: , January (1st Quarter/Winter), 2025
  • Banking the Unbanked,
    Publisher: , January (1st Quarter/Winter), 2024
  • Religiosity and Bank Lending: Evidence surrounding the Pandemic in the United States,
    Publisher: Studies in Economics and Finance, April (2nd Quarter/Spring), 2023
  • Corporate Social Responsibility and Risk-Taking in Banking,
    Publisher: Social Responsibility Journal, March, 2023
  • Family Firms’ Cross-Border Mergers and Acquisitions,
    Publisher: International Review of Financial Analysis, July (3rd Quarter/Summer), 2022
  • Financial Impact of Partnerships on Hospitality Firms,
    Publisher: Annals of Tourism Research , July (3rd Quarter/Summer), 2022
  • PPP Loans in Maryland,
    Publisher: Baltimore Business Review, December, 2021
  • Religiosity and Corporate Social Responsibility: Do They Mix Well Together?,
    Publisher: Studies in Business and Economics, September, 2021
  • Fight or Flee: Outside Director Departures Prior to Contested Management Buyout Offers,
    Publisher: Corporate Governance: an International Review, September, 2020
  • The Management of Interest Rate Risk: Are Maryland Banks Different?,
    Publisher: Baltimore Business Review, December, 2019
  • Regulatory Compliance Cost for Small Maryland Banks,
    Publisher: Baltimore Business Review, December, 2017
  • Marketing Strategy After Meeting Wall Street: The Role of Information Asymmetry,
    Publisher: Journal of Financial Research, , 2017
  • The Impact of social norms on female Corporate Board membership inclusion,
    Publisher: Managerial Finance, October (4th Quarter/Autumn), 2017
  • Determinants of financial policy in the hospitality sector in the U.S.,
    Publisher: Tourism Economics, May, 2017
  • Investment Bank Expertise in Cross-Border Mergers and Acquisitions,
    Publisher: Journal of Financial Research, April (2nd Quarter/Spring), 2017
  • Do small businesses get the credit they need?,
    Publisher: Baltimore Business Review, December, 2016
  • Occupation Times as a Test of Essentiality - The Case of Mergers and Acquisitions,
    Publisher: Advances in Quantitative Analysis of Finance and Accounting, October (4th Quarter/Autumn), 2016
  • Institutions, Capital Control, and Liquidity Creation,
    Publisher: Journal of Financial Economic Policy, August, 2016
  • Banking and income inequality of the American community: an analysis,
    Publisher: Banks and Bank Systems, April (2nd Quarter/Spring), 2016
  • Homeownership and Income Inequality in United States Urban Areas,
    Publisher: Housing Finance International, April (2nd Quarter/Spring), 2016
  • Corporate Social Responsibility in Maryland,
    Publisher: Baltimore Business Review, December, 2015
  • Finance Laboratory = Enhancing Students’ Learning,
    Publisher: Baltimore Business Review, December, 2015
  • Industry cluster and performance sensitivity,
    Publisher: Journal of Economics and Finance, October (4th Quarter/Autumn), 2015
  • Does Securitization Support Entrepreneurial Activity?,
    Publisher: Journal of Financial Services Research, January (1st Quarter/Winter), 2015
  • Governance, Crash Risk and Systemic Risk: Evidence from Large U.S. Banks,
    Publisher: International Journal of Corporate Governance, October (4th Quarter/Autumn), 2014
  • The Growth Payback, a reinterpretation of the PEG Ratio,
    Publisher: Journal of Business and Economic Perspectives, July (3rd Quarter/Summer), 2014
  • Liquidity crisis, relationship lending and corporate finance,
    Publisher: Journal of Banking and Finance, February, 2014
  • Executive Compensation, Organizational Culture and the Glass Ceiling,
    Publisher: Corporate Ownership and Control Journal, January (1st Quarter/Winter), 2014
  • Distance in small business lending in Maryland,
    Publisher: Baltimore Business Review, December, 2013
  • Financial derivatives, opacity, and crash risk: Evidence from large U.S. banks,
    Publisher: Journal of Financial Stability, December, 2013
  • Determinants of Trader Profits in Commodity Futures Markets,
    Publisher: Review of Financial Studies, October (4th Quarter/Autumn), 2013
  • The Liquidity Crisis: Evidence from the US Hospitality Industry,
    Publisher: Tourism Economics, June, 2013
  • Leverage, wholesale funding and national risk attitude,
    Publisher: Journal of International Financial Markets, Institutions & Money, February, 2013
  • Securitization and entrepreneurial activity in Maryland,
    Publisher: Baltimore Business Review, December, 2012
  • Internal and external approaches to controlling rogue behavior,
    Publisher: Journal of Securities Operations & Custody, October (4th Quarter/Autumn), 2012
  • Firm Location and Corporate Debt,
    Publisher: Journal of Banking and Finance, April (2nd Quarter/Spring), 2012
  • Bank Lending in Maryland under CPP Funding,
    Publisher: Baltimore Business Review, December, 2011
  • The Powerful Network of Maryland Corporate Board Members,
    Publisher: Baltimore Business Review, December, 2010
  • Upheaval in the boardroom: Outside director public resignations, motivations, and consequences,
    Publisher: Journal of Corporate Finance,, February, 2010
  • The Establishment of a Student Managed Investment Club Utilizing Exchange Traded Funds,
    Publisher: Journal of the Academy of Business Education, April (2nd Quarter/Spring), 2009
  • Effective Base Metal Hedging: The Optimal Hedge Ratio and Hedging Horizon,
    Publisher: Journal of Risk and Financial Management, December, 2008
  • The Informational Value of Earnings Whispers,
    Publisher: American Journal of Business, April (2nd Quarter/Spring), 2008
  • Reputation, Certification, Warranties, and Information as Remedies for Buyer-Seller Information Asymmetries: Lessons from the Online Comic Book Market ,
    Publisher: Journal of Business, July (3rd Quarter/Summer), 2006
  • Boards Of Directors In The Modern Corporation ,
    Publisher: Advances in Financial Education, April (2nd Quarter/Spring), 2005
  • Internet Investment Advice: Investing with a Rock of Salt,
    Publisher: Financial Analysts Journal, July (3rd Quarter/Summer), 2003

Grants & Contracts

  • Summer Research Grant
    Sponsor: , 2022
  • Summer research grant
    Sponsor: College of Business and Economics, 2020
  • Summer research grant
    Sponsor: College of Business and Economics, 2016
  • Course Redesign
    Sponsor: Towson University Office of Academic Innovation, 2014