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John McConnell

John McConnell

Burton D. Morgan Distinguished Chair of Private Enterprise (Finance)
Finance

Education

Ph.D., Management, Purdue University, 1974
M.B.A., Finance, University of Pittsburgh, 1969
B.A., Economics, Denison University, 1968

CV

Professor McConnell's primary teaching interests are financial markets, corporate finance, real estate finance, and banking. His current research interests are in the areas of corporate finance, corporate governance, securities markets, and financial derivatives.

He has published more than 100 articles in leading peer-reviewed finance, economics and management journals including the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Financial and Quantitative Finance and others.  His recent publications include: “Existing Methods Provide Unreliable Estimates of the Marginal Value of Cash,” Critical Finance Review, 2021, forthcoming (with J. T. Halford, V. Sibilkov and N. Zaiats), “The Effect of Short-Sale Restrictions on Corporate Managers,” Journal of Risk and Financial Management, 2023, Vol. 16, No. 11, pp. 486-496, (with B. Liu and A. Schrowang), “Guilty by Political Association: The Impact of Political Scandals on Connected Firms,” Journal of Law and Economics, 2023, forthcoming, (with A. Knill, B. Liu, and C. Seagraves).

He has been recognized for his scholarly contributions as the Distinguished Scholar of the Eastern Finance Association (2002) and as a Fellow of FMA (2007). He has won numerous teaching awards, including the Salgo-Noren Outstanding Teaching Award (1993, 1995, 2011, 2012 and 2018) and the Most Effective MSM Teacher Award (1992). He has received research support from the National Science Foundation, the Department of Housing and Urban Development, the Small Business Administration, the Center for the Study of Futures Markets, and the Catalyst Institute.

Professor McConnell has served on the board of directors of the Federal Home Loan Bank of Indianapolis (1983-86), Harrington Financial Group, Inc. (1993-2000), and Harrington West Financial Group, Inc. (1999-2009).  He has been a consultant to Goldman, Sachs & Co., Merrill Lynch Capital Markets, Inc., the Federal Home Loan Bank System, the Federal Home Loan Mortgage Corp., and numerous law firms, corporations, and government agencies. He is an associate editor of the Journal of Financial and Quantitative Analysis, the Journal of Applied Corporate Finance, and the Journal of Fixed Income.

  • Thought Leadership: Daniels School faculty expertise sought by peers

    For decades, the Mitchell E. Daniels, Jr. School of Business has produced some of the top thought leaders in management education.

    Full story: Thought Leadership: Daniels School faculty expertise sought by peers

  • Investment images
    Why Private Market Returns May Be Far Greater Than They Seem on Paper
    Institutional investors have access to industry-level information through their private equity investments that often informs their investment decisions in the public markets, according to a paper from researchers at Purdue University and Illinois State University.
  • Krannert’s John McConnell recognized by University College Dublin with honorary doctorate
    Krannert Professor John J. McConnell was among seven outstanding leaders across various fields of academia whose career achievements were recognized by University College Dublin (UCD) with honorary doctorates at its recent conferring ceremonies. McConnell, a leading financial economist, is renowned for his stellar leadership in the finance discipline. He is the Burton D. Morgan Distinguished Chair of Private Enterprise (in Finance) at the Krannert School of Management at Purdue University, where he has spent much of his career and won numerous teaching awards.
  • The Pokémon Paradox: Krannert researchers examine costs and benefits of popular game
    When the augmented reality (AR) game Pokémon Go made its debut in 2016, it quickly became the most popular mobile game in U.S. history with more than 20 million active users daily. It’s now at the top of the menu in an industry that generates more than $1 billion in annual revenues. According to a pair of working papers from Purdue University’s Krannert School of Management, tech companies aren’t the only businesses getting a taste of the profits. But how does that balance with the economic costs of playing the game while driving, which include an increased number of vehicular accidents, injuries and even death?

Contact

mcconnj@purdue.edu
Phone: (765) 494-5910
Office: KRAN 475

Quick links

Personal website
Google Scholar Page

Area(s) of Expertise

Asset Management, Bankruptcy, Business Valuation, Capital Markets, Consulting, Corporate Finance, Corporate Governance, Derivatives, Economics, Executive Compensation, Finance, Financial Economics, Financial Institutions/Banking, Financial Markets, Interest Rates, International Finance, Investment Banking, IPOs, Mergers and Acquisitions, Monetary Policy, Mutual Funds, Private Equity, Public Finance, Real Estate, Stock Market, Taxation, Trading Strategies, Valuation, Venture Capital