Wayne State University School of Business Administration

Mbodja Mougoué

Associate Professor of Finance

ad4906@wayne.edu
(313) 577-4538

Academic Degrees

  • Ph.D., University of New Orleans, 1989
  • MA, University of New Orleans, 1987

Teaching Interests

  • Investment Policies
  • Futures & Options
  • Portfolio Management

Research Interests

  • Investments
  • Derivatives
  • Portfolio Management
  • Asset Allocation
  • Market Efficiency

Professional Experience & Certification

  • Advisory Board Member, Everest Energy, LLC

Publications & Presentations

  • "An Empirical Examination of the Relation Between Futures Spreads Volatility, Volume and Open Interest," (with Paul B. Girma), forthcoming in 2002, The Journal of Futures Markets.
  • "The Information Signaling Hypothesis of Dividends: Evidence from Cointegration and Causality Tests," (with Ramesh P. Rao), forthcoming in 2002, Journal of Business Finance and Accounting.
  • "Common Stochastic Trends Among Asian Currencies: Evidence for Japan, Aseans, and the Asian Tigers," (with Raj Aggarwal), 1998, Review of Quantitative Finance and Accounting.
  • "The Causality Effects of the Federal Reserve's Monetary Policy on U.S. and Eurodollar Interest Rates," (with John Wagster), 1997, The Financial Review.
  • "An Examination of Linear and Nonlinear Causal Relationships Between Price Variability and Volume in Petroleum Futures Markets," (with Roger A. Fujihara), 1997, Journal of Futures Markets.
  • "Linear Dependence, Nonlinear Dependence and Petroleum Futures Market Efficiency," (with Roger A. Fujihara), 1997, The Journal of Futures Markets.
  • "A Robust Re-Examination of the Relation Between Dividend and Investment Decisions" Financial Management Association, San Antonio, Texas, October 2002.
  • "An Empirical Examination of the Relation Between Futures Spreads Volatility, Volume and Open Interest," (with Paul B. Girma), 2001, Financial Management Association, Toronto, Canada.
  • "Trading Volume and Return in the Foreign Exchange Market: Evidence from the Currency Futures Markets," (with Bill B. Francis), 1999, European Financial Management Association, Paris, France.
  • "A Reexamination of the Relationship between Large and Small Firms: A Dynamic Investigation," (with Bill A. Francis), 1999, Financial Management Association, Orlando, Florida.
  • "The Information Signaling Hypothesis of Dividends Revisited," (with Ramesh P. Rao), 1999, Financial Management Association, Orlando, Florida.
  • "Volume and Return in the Japanese Stock Market: A Dynamic Analysis," (with Bill A. Francis), 1999, Financial Management Association, Orlando, Florida.
  • "A Reexamination of the Relationship between Large and Small Firms: A Dynamic Investigation," (with Bill A. Francis), 1999, Southern Finance Association, Key West, Florida.
  • "A Dynamic Analysis of the Volume-Return Relation in the Japanese Stock Market," (with Bill A. Francis), 1998, Financial Management Association, Chicago, Illinois.
  • "An Empirical Investigation of the Relation between Dividends and Investment Decision," (with Bill A. Francis), 1998, Financial Management Association, Chicago, Illinois.
  • "Trading Volume and Return in the Foreign Exchange Market: Evidence from the Currency Futures Market," (with Bill A. Francis), 1998, Financial Management Association, Chicago, Illinois.
  • "The Information Signaling Hypothesis of Dividends: Evidence from Cointegration and Causality Tests", (with Ramesh P. Rao), 1997, Financial Management Association, Honolulu, Hawaii.
  • "The Empirical Relation Between Price Changes and Trading Volumes: Further Evidence from European Stock Markets," (with Richard A. Ajayi), 1997, Financial Management Association, Honolulu, Hawaii.

Professional Memberships

  • American Economic Association
  • Financial Management Association
  • American Finance Association
  • Midwest Finance Association
  • African Finance & Eco. Association
  • Southern Finance Association
  • Eastern Finance Association
  • Western Finance Association
  • European Finance Association
  • Multinational Finance Society
  • Southwestern Finance Association