Ken Johnston

Dr. Ken P. Johnston, Ph.D., CFA, is an Associate Professor of Finance. He wants his students to: critically think, do their own work, read with comprehension, ask questions, and use their imagination. His research has been cited in many journals including The Journal of Finance, Journal of Banking and Finance, Financial Analysts Journal, Journal of Risk, and Quantitative Finance.

Education

• Certified Financial Analyst, 2001
• Ph.D. Florida State University, 1994
• MBA Florida State University, 1986
• B.Comm. Carleton University, 1983

 

Teaching Interests

• Financial Planning
• Investments
• International
• Portfolio Management

 

Research Interests

• Market Efficiency
• Asset Allocation
• Asset Pricing

 

Selected Publications

• "A Note on the Evaluation of Long-Run Investment Decisions using the Sharpe Ratio," forthcoming, Journal of Economics and Finance, Co-authors John Hatem, Georgia Southern University and Elton Scott, Flagler College.
• "The Cash Balance Plan as a Real Option:Financial Innovation and Implicit Contacts," Pensions: An International Journal, 2011, Vol. 16, Issue 1, 39-50. Co-authors John Hatem, Georgia Southern University and Elton Scott, Flagler College.
• "Investor Education: How Plan Sponsors Should Report Your Returns," Managerial Finance, 2010, Vol 36, Issue 4, 354-363. Co-authors John Hatem, Georgia Southern University and Thomas Carnes, Berry College.
• "Put Option Portfolio Insurance vs. Asset Allocation," Advances in Quantitative Analysis of Finance & Accounting, April 2009, Vol. 7, 257 -284. Co-author John Hatem, Georgia Southern University.
• "Exchange Rates and Fundamental Variables: A Semi-parametric Analysis of Binary Choice," Applied Economics, September 2005, No. 37, 1915-1924. Co-authors John Hatem, Georgia Southern University, and Dave Carter, Oklahoma State University.
• "Further Evidence of the November Effect," Journal of Economics and Finance, Summer 2005, Vol. 29, No. 2, 280-288. Co-author Chris Paul, Georgia Southern University.
• "Revisiting the Reinvestment Rate Assumptions in Capital Budgeting," Journal of Economics and Finance Education, Winter 2002, No. 2, 22-23, Co-authors John Hatem, Shawn Forbes, Georgia Southern University.
• "Market Index Returns, Macroeconomic Variables and Tax Loss Selling," Journal of Economics and Finance, Fall 2002, Vol. 26, No. 3, 297-38, Co-author Don Cox, Appalachian State University.
• "A Comparison of State University Defined Benefit and Defined Contribution Pension Plans: A Monte Carlo Simulation", Financial Services Review, 2001 (actual Journal release date spring 2002), 10, 37-44, Co-authors John Hatem, Shawn Forbes, Georgia Southern University.
• "A Reexamination of Institutions and Individuals at the Turn-of-the Year," Quarterly Journal of Business and Economics, Autumn 2000 (actual journal release date Feb. 2002), Vol. 39, No. 4, 51059, Co-authors Don Cox, Appalachian State University, Anthony Barilla, Georgia Southern University.
• "Choosing Between Defined Benefit and Defined Contribution Plans," Journal of Financial Planning, August 2001, Vol. 14, Issue 8, 86-91, Co- authors John Hatem, Shawn Forbes, Georgia Southern University.