Dr. Frank Smith'S ACCREDITATIONS
The following is a list of accreditations and involvements that Dr. Frank Smith has a part in.
PHD – Finance Rawls School of Business - Texas Tech University, 2005
MBA – Accounting and Finance - Chapman University, 1989
Bachelors of Science (General Engineering) - US Air Force Academy, 1984
Publications in Refereed Journals
Smith F., and A. Aggarwal, Retirement Analysis: A Simulation Approach, Journal of
International Finance and Economics, 17(1), 2017, 79-93.
Smith F., I. Fox, Graduation, Now What?, Advances in Finance Education, 2015.
Smith, F. and A. Aggrawal, Can the Stock Market Predict Elections Better than the Polls?
Journal of International Finance Studies, 2014.
Smith, F., and M. Casey, A Look at the Source of ETF’s Underperformance: Is the Fox
Guarding the Henhouse?” Journal of International Finance Studies, 2014.
Smith, F., M. Casey, The Changing Face of the S&P 500; Are Analysts Seeing the Smiles and
Frowns?, Journal of Finance and Accountancy, Vol 12, Feb 2013, 105-119.
Casey, M., and F. Smith, A Note on the Impact of Corporate Governance on Dividend Policy in
the Oil and Gas Industry?, Oil, Gas and Energy Quarterly, 58 (3), 503-510, 2010.
Smith, F., P. English and L. Brooks, The Stock Market Reaction to Layoffs – A Long-term Study,
Review of Business Research, Fall 2010.
Smith, F, Do Layoffs Impact the Probability of Bankruptcy?, The Journal of Academy of
Business and Economics Fall 2010.
V. Puleo, F. Smith and M. Casey, Insurance Company Dividend Policy Decisions: Evidence on
the Role of Corporate Governance and Regulation, Managerial Finance, 35 (6), 2009, pp. 493-
Wright, A., F. Smith and A. Williams, Do Student Managed Investment Funds Perform?
International Journal of Global Business and Economics, Vol. 2, No. 2, pages 27-30, 2009.
Campbell, Noel and F. Smith, Merit-Based Scholarship “Over-Awards” and Changes in Home
Prices., Public Finance Review, Mar 2009, Vol 37, pp 198-216.
Clayson D., D. Haley and F. Smith, Improving the Quality of Finance Majors by Developing A
Complementary and Synergistic Partnership: Faculty, Employers and Finance Majors,
Advances in Financial Education, Vol 6, Winter 2009, pp. 28-42.
Casey, M., V. Puleo and F. Smith, Dividend Policy and Corporate Governance: A Research
Note, Journal of Corporate Ownership & Control, Vol 5 (3), 2008, 220-224.
Smith, F., A. Wright, P. Huo, Scapegoating Only Works If the Herd is Big: Downsizing,
Management Turnover and Company Turnaround, International Journal of Business Strategy,
Sept 2008, 72-83.
Smith, F., G. Sumner and A. Wright, Southern Arkansas Bancorp; A Case Study., Journal of
Finance Case Research, Vol 10 (2), 2008/2009.
Smith, F., A Comparison of REIT Investments: Do Exchange Traded Funds Perform? 6 th Annual
Guide to Exchange Traded Funds, Institutional Investor, Fall, 2007, 89-95.
Casey, M., F. Smith and V. Puleo, Dividend Policy Determinants in the Insurance Industry. The
Journal of Academy of Business and Economics, Jan 2007, Vol. 7, Issue 1, p. 178-184.
Smith, F. and M. Casey, A Note on Oil and Gas ETFs: Are They Truly Efficient? Oil, Gas and
Energy Quarterly, 55 (3), 2007, p.661-670.
Smith, F., Stock Pricing Discovery – The Case of the Dead Dog. Review of Business Research,
Vol 6, No 2, (2006), p.201-209.
Tenure and Rank
Academic Director, Graduate Programs, Colorado State University, 2016 - present
Associate Lecturer, Special Appt – Colorado State University, 2013 - present
Assistant Professor, Tenure Track – Henderson State University, 2007-2013
Assistant Professor, Tenure Track – University of Central Arkansas, 2005-2007
Visiting Professor – Southeastern Oklahoma State University, 2004-2005
Instructor – Texas Tech University, 2002-2004
Smith F., and A. Aggarwal, What will retirement look like for Millenials?”,working paper,
scheduled for submission Fall 2018, currently being presented by co-author at Spring Decision
Smith, F., Risk, Return and Volatility in the Nasdaq 100, working paper, Fall 2018 submission
Smith F., and R. Smith, How the financial crisis impacted the financial metrics used by market
participants to value large banks, working paper, scheduled for submission and presentation
Honors and Awards
Nominated Campus Wide Teacher of the Year 2017
Nominated Campus Wide Online Teacher of the Year, 2016
Student Managed Investment Fund National Winner 2010
RISE X Hybrid Fund
CFA Global Investment Challenge Regional Champions 2009, 2010 & 2016
CFA Global Investment Challenge Regional Runner up 2012 & 2014, 2017,2018
Faculty advisor CFA Regional Challenge Winner 2008-present
Student Choice, Teacher of the Year, 2007-2008 & 2008-2009
School of Business, Henderson State University
Research Award, School of Business HSU 2008-2009
Research Award, School of Business HSU 2009-2010
Research Award, Campus Wide HSU 2009-2010
Instructor of the year, College of Business 2003-2004
Texas Tech University
School Of Business
Rocky Mountain Investment Competition, co-director 2015-present
Finance club, faculty advisor 2015-2016
CFA Bootcamp 2014-present
Assurance of Learning, Department of Finance 2014-present
Member, Dean Search Committee 2012- 2013
Chair, Finance professor search Committee 2011
Initiated School of Business 1 st Annual Job Fair 2010- 2013
Secured Internships with Stephens Inc 2009-2012
Created SLAP program, raising $5K 2009-2011
Morning Show appearance, local radio show 2009
Economics professor search Committee 2009
Member, Dean Search Committee 2009
On-line newspaper articles (13) 2009
Chair, Student Managed Fund Committee 2009-2013
Chair, Summer Camp Committee 2009-2013
Chair, Economics professor search Committee 2008
Live Interview Little Rock Channel 4 Morning Show 2008
Speaking Various Clubs SMIF (12) 2008-2011
Speaking at High Schools (15) 2008-2011
Business Finance, Investments, Personal Financial Planning, Managerial Finance (MBA), Advanced Financial Management Capstone, Financial Statement Analysis, Business Statistics, International Finance, Portfolio Theory and Security Analysis Capstone, Real Estate Principles, Financial Risk Management in Investments, Advanced Portfolio Theory (MFIN), Advanced Business Valuation (MBA)
Advanced Automotive by Farr – Fort Collins, CO 2015
Broomfield Spay and Neuter Clinic – Broomfield, Co 2015
Winrock International ∙ Little Rock, AR 2011
Arvest Bank ∙ Conway, AR 2011
- Offered investing advice to online clients
- Outperformed market by an average of 22.5% per year over 4 years
Optical Consultant 1994-1999
- Conducted nationally certified seminars to large and small groups
- Wrote and sold a business book: “Optics in the 21 st Century, how to compete.’
- Turnaround specialist for large optical stores
Optical Network 1992-1999
- Started a company that grew to $800,000 in sales with 12 employees
- Supplied optical products to more than 1,200 independent stores
United States Air Force 1984-1991
Active Duty – Air Craft Commander, Squadron leader with more than 700 missions
Judge, National CFA Global Investment Challenge 2014
Judge, Regional CFA Global Investment Challenge 2013
Judge, Regional CFA Global Investment Challenge 2011
Reviewer, Journal of Financial Education 2008-present
Reviewer, AIBE Annual Conference 2008-present
Reviewer, Managerial Finance Journal 2011-present
SURF, State University Research Funds Conference 2007- 2013
Higher Learning Commission Co-Chair 2009-2011
Heart Start 2008-2009
Heart Start 2007-2008
House of Genius, panelist, summer seminar 2015
Judge 2013 State Championships, Quiz Bowl 2013
Judge 2012 State Championships, Quiz Bowl 2012
Judge 2012 Regional Championships, Quiz Bowl 2012
Judge 2011 Regional Championships, Quiz Bowl 2011
Judge 2010 Regional Championships, Quiz Bowl 2010
Judge 2009 Regional Championships, Quiz Bowl 2009
Scorer 2008 State Championships, Quiz Bowl 2008
LifeChoice volunteer 2007-2010
Helped build Legacy Assembly of God Church 2007