New Faculty - W. P. Carey School of Business

George O. Aragon
Assistant Professor, Department of Finance
Dr. Aragon earned his M.S. in finance and economics from the London School of Economics and his Ph.D. in finance from Boston College. His current research examines the performance of mutual fund and hedge fund management companies, and the role of liquidity in fund performance. Dr. Aragon has taught courses in derivatives and risk management at the Boston College Caroll School of Management, and an undergraduate course in investments at the W. P. Carey School of Business.

Yan Bai
Assistant Professor, Department of Economics
Yan Bai completed her Ph.D. at the University of Minnesota in 2005 after receiving a M.A. in economics at Peking University . She also has been an associate analyst at the Federal Reserve Bank of Minneapolis since 2002. Her expertise is in international economics and macroeconomics and her dissertation is titled Essays on International Risk Sharing.

Ying Chen
Assistant Professor, Department of Economics
Ying Chen completed her Ph.D. at Yale in 2005 after receiving her B.A. from Peking University . While at Yale she received the Cowles Foundation Prize for graduate students. Her areas of concentration are game theory, micro theory, and industrial organization. Her dissertation is entitled “Behavioral Types and Partially Informed Decision Makers in Communication Games.”

Kevin G. Corley
Assistant Professor, Department of Management
Dr. Corley received his doctorate from The Pennsylvania State University in business administration, with a specialization in organizational behavior. Prior to coming to ASU, he was an assistant professor of organizational behavior in the Business School at the University of Illinois, Urbana-Champaign, an appointment he held for three years. Prior to receiving his doctorate, Dr. Corley was a change management consultant for Ernst & Young, LLP in Chicago. His research has appeared in Administrative Science Quarterly, the Academy of Management Journal , the Academy of Management Review , Human Relations, the Journal of Organizational Change Management, and Corporate Reputation Review. His research efforts were recently recognized as one of the best in the Academy of Management when he received the 2003 William H. Newman Award for Best Paper Based on a Dissertation. He is an associate editor for the British Journal of Management and serves on the editorial board for the Academy of Management Review and the Journal of Management Inquiry.

Jessica F. Garcia
Professor, Department of Economics
Dr. Garcia joins the faculty from Florida State University where she was Jane Johnson Professor of Economics and director of the Center for Population Economics. Garcia earned her M.S. in industrial administration from Carnegie Mellon University and her doctorate in economics from the University of Chicago . Previously, she served on the faculties of the University of Minnesota and Case Western Reserve University. A fellow of the American Academy of Arts and Sciences since 2001, Dr. Garcia currently serves as a consultant to the Population Division of the United Nations Department of Economic and Social Affairs. Her book, Economics and Population Growth in Africa, won the The HypoVereinsbank Best Economics Books Award in 1998.

Gueorgui Kambourov
Assistant Professor, Department of Economics
Gueorgui Kambourov completed his Ph.D. at the University of Western Ontario and was on the faculty of the University of Toronto since 2003 as an assistant professor. He also was a visiting scholar in the Research Department of the Federal Reserve Bank of Minneapolis. His fields of concentration are labor market analysis, macroeconomics, and international economics. Professor Kambourov’s research was sponsored by three grants from the prestigious Social Sciences and Humanities Research Council of Canada, resulting in a series of papers that are generating considerable professional interest. The papers were presented at major universities and conferences around the world, including the National Bureau of Economic Research. Among his papers are “Labor Market Restrictions and the Sectoral Reallocation of Workers: The Case of Trade Liberalizations” (2003); and “Occupational Mobility and Wage Inequality” (2004, with Iourii Manovskii).

Jonathan Ketcham
Assistant Professor, School of Health Management and Policy
Jon athan Ketcham joined ASU in 2005. He completed his doctorate in health care systems at Wharton in 2002 and was selected as one of three economists nationwide to join the Robert Wood Johnson Foundation Scholars in Health Policy Research Program. This program provided Dr. Ketcham with the opportunity to conduct research at the University of California, Berkeley and the University of California, San Francisco for two years. His research is in the economics of health care, with a particular focus on the supply of technology and knowledge to physicians and physician adoption of such innovation. More specifically, Dr. Ketcham’s research addresses the role of physician learning in determining how physicians decide what types of treatment to provide to patients. Other published research examined pharmaceutical pricing, hospital competition, and patient adherence to medication.

Peggy Lee
Assistant Professor, Department of Management
Dr. Lee joined the W. P. Carey School of Business in the summer of 2005 after serving as a faculty member at the Goizueta Business School, Emory University. Dr. Lee received her Ph.D. in strategic management from the University of North Carolina, Chapel Hill. She also has a bachelor's degree in economics and communications from Stanford University and a master’s from the University of North Carolina. Dr. Lee ’s research focuses on how economic and behavioral aspects of governance affect firm actions and performance. She has two distinct, yet related, streams of research. The first examines the relationship between information asymmetry and a firm’s ability to create value through crucial strategic decisions such as investment in research and development and innovation. The second examines how information asymmetry between firms and investors regarding specific corporate actions can affect external assessments of a firm’s value. Her work has appeared in the Strategic Management Journal, Academy of Management Journal, Journal of Financial Economics, and Managerial Decision and Economics. She currently serves on the editorial board of the Strategic Management Journal and the executive committee of the Business Policy and Strategy division at the Academy of Management . Dr. Lee’s main teaching interests are in international strategy and strategic management.

Simona Mola
Assistant Professor, Department of Finance
Dr. Mola received her Ph.D. in business administration and management with specialization in finance from Bocconi University in Milan , Italy . Her research lies in the area of empirical corporate finance and, in particular, new equity issues, underwriter reputation, and analyst recommendations. Her research was published in the Journal of Financial and Quantitative Analysis. One of Dr. Mola’s recent studies received the best paper award at the 2005 Financial Management Association meeting in Europe. Dr. Mola’s teaching interests include international finance and financial markets and institutions. Prior to joining ASU, she taught at Purdue University and Pennsylvania State University. She is a member of the American Finance Association and Financial Management Association, and also a chartered accountant in Italy.

Andrea Morales
Assistant Professor, Department of Marketing
Andrea Morales received her Ph.D. from the Wharton School of Business at the University of Pennsylvania where she also taught in the executive education program. Dr. Morales received her M.S. in marketing from the University of Pennsylvania and a B.A. in economics and liberal arts from the University of Texas, Austin . Before joining ASU, she was assistant professor of marketing at the Marshall School of Business at the University of Southern California where she received the Golden Apple Award for teaching excellence. Dr. Morales will be teaching in the M.B.A. program in the W. P. Carey School this year. Her research interests include the influence of effort on decision-making and consumer responses to retail environments. Her work has been published in the Journal of Consumer Research, Journal of Consumer Psychology, and the Journal of Retailing.

Vikram Nanda
Richard C. Kramer Professor of Finance, Department of Finance
Dr. Nanda serves as the Richard C. Kramer Professor of Finance in the Department of Finance in the W. P. Carey School of Business and received his Ph.D. from the University of Chicago. Prior to coming to ASU, he was an assistant professor and then associate professor at the University of Michigan Business School. Dr. Nanda has many diverse research interests, including convertible bonds; the investigation of the impact of IPO mispricing on underwriter market value; stabilization, syndication and pricing of IPOs; financing multinational subsidiaries; common stock offerings across the business cycle; why investment banks co-manage initial offerings of innovative securities with competitors; the role of margin rules and price limits; tender offers, proxy contests and large shareholder activism; and underwriter reputation and the long-run performance of IPOs.

Aleda V. Roth
Professor and W. P. Carey Chair, Supply Chain Management
Before joining the W. P. Carey School of Business, Dr. Roth was the chair of the global supply chain management concentration in the MBA program at the University of North Carolina, Chapel Hill. While at UNC, Dr. Roth was also named the Mary Farley Lee Distinguished Professor of Operations, Technology and Innovation Management. She worked in top management for a decade before earning her Ph.D. at The Ohio State University. She has more than 125 published academic articles to her credit, and her work has been distinguished by 38 research awards and over $2.75 million in external funding. Dr. Roth is a member of the Supply Chain Thought Leaders Roundtable and the Conference Board’s Performance Excellence Council. She is also a fellow of the Production and Operations Management Association and an international fellow of the Advance Institute of Management Research (AIM). She holds senior editorial positions on leading academic journals in operations and service management.

Sunil Wahal
Jack D. Furst Professor of Finance, Department of Finance
Dr. Wahal joins the faculty from the Goizueta Business School at Emory University where he was associate professor and area coordinator. Prior to that, he was an assistant professor at the Krannert School of Management at Purdue University. He earned his Ph.D. from the University of North Carolina, Chapel Hill. Dr. Wahal has published extensively on the role of large institutional investors in financial markets. His work on soft dollars, institutional trading mechanisms and techniques, and pension fund activism have played important roles in the developments in these fields for both academics and practitioners.

Fred O. Walumbwa
Assistant Professor, Department of Management
Dr. Walumbwa received his doctorate from the University of Illinois, Urbana-Champaign, with specializations in organizational behavior and international human resource management. Prior to coming to ASU, he was a visiting assistant professor in the Management Department and Gallup Leadership Institute at the University of Nebraska, an appointment he held for two years. He has taught courses in organizational behavior and theory, leadership, human resource management, international business/management, and research methods at the undergraduate and graduate levels. He has published several scholarly articles, book chapters, and presented papers at international, national, and regional conferences. His latest book with William L. Gardner and Bruce J. Avolio is entitled, Authentic Leadership Theory and Practice: Origins, Effects and Development ( Oxford Press, UK : Elsevier Science, 2005).