Donald R. Kummer

Donald R. Kummer
Associate Professor of Finance
Office: 1001 SSB Tower ~ Voice: 314-516-6270
E-Mail: kummer@umsl.edu
Homepage: http://anasazi.umsl.edu

Degrees Held:
Ph.D. in Finance, University of Oregon, 1975
M.B.A.in Finance & Applied Economics, University of California-Berkeley, 1971
B.S. in Business, California Polytechnic University, 1969

Interests:

Teaching:

Areas:
Courses:
- BA 3521 - Financial Risk Management
- BA 3520 - Investments
- BA 3503 - Computer Applications in Finance
- FIN 6520 - Security Analysis
- FIN 6500 - Financial Management
- FIN 6590 - Risk Analysis

Research:

Areas: Institutional Investing, Genetic Algorithms, Nonlinearity in Financial Markets
Selected Significant Publications:
- Kummer, D. & Eyssell, T., "Signalling, Insider Trading and Post Offering Performance: The Case of IPO's," Journal of Applied Business, 1992.
- Kummer, D., Arshadi, N. & Lawrence, E., "Incentive Problems in Bank Insider Borrowing," Journal of Financial Services Research, 1989, 17-31.
- Kummer, D., Arshadi, N. & Lawrence, E., "Inside Borrowing Practices of Commercial Banks," Issues in Bank Regulation, Fall 1987.

Other Information:

Association Memberships:
Financial Management Association,
Financial Management Association,
Western Finance Association
Area Coordinator of Finance Area, 1983-1994
Coordinator for the UMSL Bank Data Base 1987 - present

Administrative:
Director of Business Graduate Studies 1996-1999
Finance Area Coordinator: 1985-1994