Lee M . Dunham, PhD, CFA
Chair, Economics and Finance
Professor
Contact
Heider College of Business
Economics & Finance - Business
Business Administration DBA (Doctorate)
Business Administration MBA (Master's)
Finance (Master's)
Investment Management and Financial Analysis (Master's)
Graduate School
HARP - Harper Center for Student Life & Learn - 3016a
Lee M . Dunham, PhD, CFA
Chair, Economics and Finance
Professor
Dr. Lee Dunham is a professor of finance and the Department Chair of economics and finance at Creighton University Heider College of Business. The classes he teaches include Managerial Finance, Equity Analysis and Applied Finance Research. He is passionate about teaching and committed to bridging the gap between theory and practice in the classroom, an idea that he believes was missing from his finance courses during his undergraduate and graduate studies.
After working in the private sector for nearly ten years, Dr. Dunham chose to pursue a career in academia. He says, “My best days at work in the finance industry could never compete with the strong sense of achievement I feel when I witness a student’s ‘light-bulb moment’ during class.”
His ongoing research interests include FinTech, mutual funds, agency theory and payout policy.
Dr. Dunham received his BSBA in Finance and his MBA from the University of Missouri – St. Louis, his MS in Financial Economics from the University of New Orleans and his PhD in Finance from the University of Nebraska at Lincoln. He has also earned the Chartered Financial Analyst (CFA) designation. In addition to academia, Dr. Dunham enjoys traveling, St. Louis Cardinals baseball, watching live sporting events and spending time with his family.
Awards and Honors
- Creighton Graduate Business Faculty Member of the Year, 2015
- Cahill Award for Excellence, 2011, 2013, 2017, 2018, 2019
- FMA Superior Faculty Advisor, 2012-2020
Department
Economics and Finance
Position
Professor
Books
- CFA Exam Curriculum Readings
Dunham, L. Peterson Drake, P. Cost of Capital: Advanced Topics
CFA Level II 2023 - CFA Exam Curriculum Readings
Aggrawal, R., Campbell, G., Dunham, L., Peterson Drake, P., Kobor, A. Capital Structure
CFA Level I 2023 - CFA Institute Investment Fundamentals Curriculum
Dunham, L., Singal, V., Equity Securities (Chapter 9) 2013 - CFA Institute Investment Fundamentals Curriculum
Dunham, L., Singal, V., Debt Securities (Chapter 10). 2013 - Advances in Mergers and Acquisitions
Dunham, L., York, A.S., Ahn, M., Verticle vs. Horizontal Integration in the Biopharma Industry: The Link between Acquisition Announcements and Stock Market Performance (Book Chapter)
10, p. 121-143 2012 - The Handbook of Equity Market Anomalies: Translating Market
Dunham, L., Momentum: The Technical Analysis Anomaly, (Chapter 8) in The Handbook of Equity Market Anomalies: Translating Market Inefficiencies into Effective Investment Strategies., p. 173-204 2011
Articles
- Journal of Economics and Finance
Dunham, L., Wei, J., Zhang, J. Does a CEOs Ability to Hedge Affect the Firm's Payout Policy?
47, p. 303-322 2023 - Journal of Forensic Accounting Research
Dunham, L., Garcia, J., Grandstaff, J., Wei, S. Do Employees Waive Financial Red Flags Through the Glassdoor?
8, p. 1-23 2023 - Journal of Economics and Business
Austin, R., Dunham, L. Do FinTech Acquisitions Improve the Operating Performance or Risk Profiles of Acquiring Firms?
121, p. Article 106078 2022 - Journal of Economics and Finance
Borchers, S., Dunham, L. Tapping of the Crowd: The Effect of Entrepreneur Engagement on Equity Crowdfunding Success
46, p. 324-346 2022 - Accounting Perspectives
Dunham, L., Grandstaff, J. The Value Relevance of Earnings, Book Values, and Other Accounting Information and the Role of Economic Conditions on Value Relevance: A Literature Review
21, p. 237-272 2022 - Managerial Finance
Dunham, L., Obonyo, T., Wei, S. Do CEOs Get Rewarded for CSR Activities in the Director Labor Market?
48, p. 78-95 2022 - Managerial Finance
Dunham, L., Garcia, J. Measuring the Effect of Investor Sentiment on Financial Distress
47, p. 1834-1852 2021 - Managerial Finance
Dunham, L., Garcia, J., Measuring the Effect of Investor Sentiment on Liquidity
47, p. 59-85 2021 - Journal of Wealth Management
Dunham, L., Washer, K., Using Life Tables for Retirement Planning
23, p. 28-36 2020 - Journal of Economics & Finance
Dunham, L., Does a CEO's Hedging Ability Affect the Firm's Capital Structure?
42(3), p. 615-630 2018 - Journal of Business Ethics
Dunham, L., Jorgensen, R., Washer, K., Securities Lending Activities in Mutual Funds and ETFs: Ethical Considerations
139(1), p. 21-28 2016 - Journal of Wealth Management
Dunham, L., Simpson, T.H., An Analysis of the Impact of Securities Lending on the Performance of ETF's
17(4), p. 75-84 2015 - Managerial Finance
Dunham, L., DeFusco, R.A., Geppert, J.M., An Empirical Analysis of the Dynamic Relation among Investment, Earnings and Dividends
40(2), p. 118-136 2014 - Journal of Business Ethics
Dunham, L., Washer, K., The Ethics of Hedging by Executives
111(2), p. 157-164 2013 - Journal of Investing
Dunham, L., Simpson, T.H., The impact of Security Lending on Index Fund Performance
21(2), p. 9-16 2012 - Journal of Economics & Finance
Dunham, L., Managerial Hedging Ability and Firm Risk
36(4), p. 882-899 2012 - Journal of Finance and Investment Analysis
Dunham, L., Washer, K., Inflation and Asset Class Performance
1(3), p. 61-72 2012 - Journal of Wealth Management
Dunham, L., Friesen, G.C., Building A Better Mousetrap: Enhanced Dollar Cost Averaging
15(1), p. 41-50 2012 - Journal of Enterprising Communities, People and Places in the Global Economy
Dunham, L., York, A.S., Ahn, M., Building a Bioeconomy in the Heartland: Bridging the Gap between Resources and Perceptions
6(1), p. 84-100 2012 - Journal of Index Investing
Dunham, L., Simpson, T.H., Do Index Fund Managers Actively Trade? An Empirical Examination of S&P 500 Index Funds Around Index Changes
1(3), p. 58-64 2010 - Journal of Banking & Finance
Dunham, L., Weller, P.A., Friesen, G.C., Price Trends and Patterns in Technical Analysis: A Theoretical and Empirical Examination
33, p. 1089-1100 2009 - North American Actuarial Journal
Dunham, L., Friesen, G.C., An Empirical Examination of Jump Risk in U.S. Equity and Bond Markets
11(4), p. 76-91 2007
Awards
- Creighton Graduate Business Faculty Member of the Year, 2015
- Creighton Undergraduate Business Faculty Member of the Year, 2023
- Cahill Award for Excellence, 2011, 2013, 2017, 2018, 2019, 2021, 2022. 2023
- FMA Superior Faculty Advisor, 2012-2021