Mark S. JohnsonApril 13, 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., Tolani Lawson and A.J. Singh “Data Breaches: Should Managers of Hospitality Firms be Alarmed?”
Work in Progress:
Singh, A. J.,Mark S. Johnson and Larry Yu. “Predicting the Financial Impact of the Travel Promotion Act”
Publications:
Johnson, Mark S., A. J. Singh and Qing Ma. “The Impact of Authorization of the Travel Promotion Act on Hotel Firm Stock Returns” 2015Cornell Hospitality Quarterly56(1): 29-40
Johnson, Mark S., A. J. Singh and Yifan Zhou. “Internet Gaming: Valuation Concerns for the Industry”Forthcoming 2015 The Journal of Hospitality Financial Management 23(1)
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” 2014 The Journal of Finance Issues13(2):21-39
Johnson, Mark S., Can Zhao, and Manav Garg. “The Impact of the Bio-terrorism Act on the Wealth of Canadian Food and Beverage Firms”. 2013International 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 FinanceReview 51: 21-34.
Recent Press Referring to Travel Promotion Act Research, February 2015: Cornell Hospitality Quarterly:
Carlson, Christa. February 4, 2015. Featured on Sage Management Publication Blog Website:
Hills, Carla. December 11, 2014 “Scientific Evidence Points to Positive Impacts of Federal Travel Promotion Act, MSU Engaged Scholar E-Newsletter
Kiesel, Laura. August 5, 2014. Main St online at 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 to all University of Michigan faculty) Travel Promotion Helps Economy, MSU study says
Henion, Andy. July 8, 2014. Michigan State University Today onlineat at and at and at and at broad.msu.edu/faculty-research/ Travel-campaign-fuels-1-billion-rise-hospitality-industry/, Travel Campaign Fuels $1Billion Rise in Hospitality Industry, Press Release
Recent Press Referring to Data Breach Research and credit card readers,
Martinez, Shandra, Meijers $10 Coupon deal helps customers but costs retailer big money, MLIVE March 20, 2015. MLIVE Media is the largest online news organization in Michigan. It includes 8 Newspapers across the state. The list of newspapers is: The Ann Arbor News, The Bay City Times, The Flint Journal, The Grand Rapids Press, Jackson Citizen Patriot, Kalamazoo Gazette, The Muskegon Chronicle, The Saginaw News.
Awards:
Best Paper: ICHRIE (International Council on Hotel, Restaurant and Institutional Education). July 30-August 1 2015 Annual Conference, Orlando, Florida USA, Johnson, Mark S., A. J. Singh and Yifan Zhou. “Internet Gaming: Valuation Concerns for the Industry”
Excellence in Teaching, Award, Finance Department, Michigan State University, 2006-2007
Recent Presentations:
ICHRIE (International Council on Hotel, Restaurant and Institutional Education). July 30-August 1 2015 Annual Conference, Orlando, Florida USA Paper Presented “Internet Gaming: Valuation Concerns for the Industry”
APacICHRIE (Asia Pacific Council on Hotel, Restaurant and Institutional Education). June 10-June 13 2015 Annual Conference,Auckland, New Zealand Paper Presented “Data Breaches: Should Managers of Hospitality Firms be Alarmed?”
Green and White Forum. October 16, 2014. Supported by MSU Alumni Association, The Broad College of Business and the School of Hospitality Business Michigan State University, Lead Presentation, Washington DC, research presentation : “The Impact of Authorization of the Travel Promotion Act on Hotel Firm Stock Returns “(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.
Ad HocReviewer:
ICHRIE finance track (Council on Hotel, Restaurant and Institutional Education) Annual Conference July 30-August 1, 2015
EuroCHRIE finance track (Council on Hotel, Restaurant and Institutional Education) Annual Conference October 14-20 , 2015
Recent Contributions to Research outside Business:
Goran, E.D. Blomberg and Edward Herig Jr. Summer 2014. "A Black Phase Female in the Historical Breeding Range of Canadian Swallowtails "The Great Lakes Entomoligist 47(1&2) 32-36. Provided statistical analysis (see acknowledgement on page 35):
Recent Service Activity:
Rockbridge Capital, LLC a private equity, real estate investment firm, accompany 6 MSU undergraduates on tour of facilities and meet with analysts. On the last daywe participated (bicycle) in Pelotonia 14, event sponsored by Rockbridge, Columbus Ohio, August 7-9, 2014
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
Current Committee Assignments at MSU:
Undergraduate Curriculum Committee
Past Committee Assignments at MSU:
Undergraduate Curriculum Committee
Masters Curriculum Committee
Departmental Advisory Committee
Past Committee Assignments at University of Idaho:
Competency Review Committee
Departmental Tenure and Promotion Committee
List ofcourses 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.)