Associate Dean
Finance

Prem Mathew

Overview
Overview
Background
Publications

Overview

Credentials

B.S. in Economics, University of Pennsylvania, 1991

Background

Experience

Assistant Professor of Finance, Oregon State University, 2004 - present

Associate Professor of Finance, University of Saskatchewan, 1999 - 2004 (tenured in 2004)

Professional Affiliations

Chartered Financial Analyst (CFA), awarded in 2001

Honors & Awards

Excellence in Scholarship Award, 2005, College of Business, Oregon State University

Students of Finance Teaching Award, 2005, College of Business, Oregon State University

Most Effective Professor, Nominee, 2003-04, College of Commerce, University of Saskatchewan

Most Approachable Professor, Nominee, 2003-04, College of Commerce, University of Saskatchewan

Most Effective Professor, Recipient, 2002-03, College of Commerce, University of Saskatchewan

Most Approachable Professor, Recipient, 2002-03, College of Commerce, University of Saskatchewan

Most Effective Professor, Nominee, 2001-02, College of Commerce, University of Saskatchewan

Most Approachable Professor, Recipient, 2001-02, College of Commerce, University of Saskatchewan

Graduate Student Teaching Award, Recipient, 1997, University of Missouri

Publications

Academic Journal
Finance

“Long-Horizon Seasoned Equity Performance in the Pacific Rim Financial Markets”

Previous studies of firms that issue seasoned equity in the US and Japan have found that these firms significantly underperform over the long-run subsequent to the issue. I offer further evidence of this by examining Japanese seasoned offerings (SEOs) from 1975 to 1992. I find similar results for firms issuing seasoned equity in Hong Kong. However, I also find that Korean SEOs generate insignificant abnormal returns over a 36-month period following the issue. These results suggest that the asymmetric information argument offered for the US and Japanese markets do not always hold, especially in markets where the regulatory and market structures vary greatly. Cross-sectional results suggest that younger firms tend to perform worse than older firms.
Details