معرفی
Dr. Clifford P. Stephens serves as Senior Instructor and Director of Graduate Studies for the MS Finance Program within the Department of Finance at Louisiana State University. With over 25 years of teaching experience, he specializes in Corporate Finance, Investments, and Financial Institutions, bringing extensive practical knowledge to graduate finance education.
His academic credentials include:
- PhD in Finance from the University of Arizona (1996)
- MBA from University of Colorado-Colorado Springs (1992)
- BS in Accounting from University of Northern Colorado (1985)
Dr. Stephens' research centers on Corporate Finance with deep expertise in dividend and payout policy, IPO lockup provisions, and managerial incentives. His work examining share repurchase motivations, exchange listing decisions, and payout policy tradeoffs has been published in premier finance journals and accumulated over 2,500 citations, demonstrating significant scholarly influence despite his teaching-focused appointment.
Analysis of his publication timeline reveals sustained focus on corporate payout mechanisms, with recent work (2019) investigating NYSE-Nasdaq migration effects while maintaining continuity with earlier foundational research on repurchase wealth effects (2003) and payout flexibility (2000), indicating consistent research trajectory in corporate financial policy.
Key recognition includes:
- LOUIS OER Commons Faculty Cohort grant from Louisiana Board of Regents
As Director of Graduate Studies, Dr. Stephens oversees the MS Finance program's academic operations and student development. His grant activity demonstrates commitment to educational innovation through open resource development, complementing his research contributions to finance scholarship. His dual role bridges theoretical finance research with practical graduate program leadership.
Dr. Stephens conducts his research and teaching within LSU's Department of Finance without indication of a separately branded laboratory or research center.
