Robert W. McLeod

Robert W. McLeod
Professor of Finance and John S. Bickley Faculty Fellow in Insurance and Finance
Economics, Finance & Legal Studies
Office: 231 Alston Hall, 205-348-8993
Specialty Areas:
Financial Institutions and Markets, Personal Financial Planning.
Education:
University of Southern Mississippi (B.S.B.A. and M.B.A.), University of Texas-Austin (Ph.D.).
Honors, Achievements and Affiliations:
Dr. McLeod holds the professional designations of Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), Chartered Life Underwriter (CLU) and Accredited Valuation Analyst (AVA). He has served as executive director of M.B.A. Programs and Professional Education for the College, and a past president of the Academy of Financial Services. He has also served the Academy as vice president for finance and as the executive vice president for programs. Dr. McLeod is the author of Bank Credit Cards for EFTS: A Cost Benefit Analysis, and co-author of four other books. He has been published in numerous journals, including Journal of Financial Research, Journal of Banking and Finance, The Financial Review, Journal of Economics and Finance, Quarterly Journal of Business and Economics, Financial Services Review among others. He is an honorary Director of the Japan Association for Financial Planners.

Selected Publications

  • “Determinants of Cost Efficiencies in the Closed-End Fund Industry.” (With D.K. Malhotra and Rand Martin.) Financial Services Review. Summer 2009.
  • “A Relative Efficiency Approach to Modern Performances Measurement Using Data Envelopment Analysis.” (With Chris Brockman and Randy Anderson.) Advances in Financial Education. Spring 2006.
  • “Investment Selection and Open-and Closed-end Bond Fund Expenses.”(With D.K. Malhotra and Rand Martin.) Journal of Business and Economic Studies. No. 1, 2003.
  • “Closed-End Fund Expenses and Investment Selection.” (With D.K. Malhotra.) Financial Review. February 2000.
  • “An Analysis of Nondeductible IRA Contributions and Roth IRA Conversions,” (With S. Horan and J. Peterson.) Financial Services Review.  Summer 1998.
  • "An Empirical Analysis of Mutual Fund Expenses.” (With D. K. Malhotra.) The Journal of Financial Research. Summer 1997.
  • "The Effect of Rule 12b-1 on Bond Fund Expense Ratios." (With D. K. Malhotra.) The Journal of Economics and Finance. April 1996.
  • "Intra-Year Compounding and Fundamental Bond Valuation." (With H. Jeng.) The Quarterly Journal of Business and Economics. Summer 1995.
  • "Hedging Interest Rate Risk in Real Estate Financing:  The Use of Interest Rate Swaps and Swaptions."  (With D.K. Malhotra.) Real Estate Finance Journal. Spring 1995.
  • "A Reexamination of Equity Fund Expense Ratios and 12b-1 Plans.” (With D. K. Malhotra.) Journal of Financial Research.  Summer 1994.
  • "The Risks in Pension Plans.” (With A. Phillips and S. Moody.) Financial Services Review. 1993.
  • "Interest Rates and Bank Portfolio Adjustments."(With P. Thistle and B. L. Conrad.) Journal of Banking and Finance. 1989.