Kevin Crotty
Source: https://business.rice.edu/person/kevin-crotty Parent: https://business.rice.edu/undergraduate-business-major/business-major-faculty
Fields of Interest
Finance
Kevin Crotty
Associate Professor of Finance
Departments
Faculty
Office
McNair Hall 341
Contact 713-348-6303 kevin.p.crotty@rice.edu
Fields of Interest
Finance
Kevin Crotty is an Associate Professor of Finance. His research studies the relationship between information and valuations in financial markets and how to evaluate performance of intermediaries such as equity analysts, mutual funds, and hedge funds. His scholarly work is published in The Journal of Finance, The Review of Financial Studies, The Journal of Financial and Quantitative Analysis, Economics Letters, and The Review of Asset Pricing Studies. In addition to numerous presentations at universities and conferences, Kevin has been invited to present his research at leading asset managers including PanAgora Asset Management, Man Numeric, and Fidelity, as well as the Federal Reserve Board, the Securities and Exchange Commission, and the Treasury’s Office of Financial Research. He has received the Award for Excellence in Research at Rice Business. Kevin’s teaching focuses on translating financial theory into practice with an emphasis on (1) equity and fixed income valuation modeling and (2) portfolio construction and evaluation. Prior to his doctoral studies, Kevin earned a master’s degree in accounting from the Kenan-Flagler Business School at the University of North Carolina and worked in corporate accounting for IBM. He holds a Ph.D. in finance from Northwestern University’s Kellogg School of Management.
Teaching Interests:
- Applied finance
- Financial markets
- Portfolio management
Research Interests:
- Empirical asset pricing
- Market microstructure
- Performance evaluation
- Corporate bonds
Journal Article
Back, K., & Crotty, K. (2014). The Informational Role of Stock and Bond Volume. Review of Financial Studies, 28(5), 1381-1427. doi:10.1093/rfs/hhu094
Journal Article
Crane, A.D. & Crotty, K. (2016). Passive versus Active Fund Performance: Do Index Funds Have Skill? Journal of Financial and Quantitative Analysis. doi:10.2139/ssrn.2467102
Rice Business Wisdom
Investor Behavior | Finance
Law Of The Jungle
How short sellers keep the market healthy.
Investing | Finance
How Inside Information Affects a Company’s Stock and Bond Prices
What investors privately know about a company’s value — not just its risk — moves stock and bond prices in tandem.
Investing | Finance
Recipe For Success
Should you invest in index funds or active funds?