Becoming a Golden Hawk means more than just cheering on our (really good) varsity teams – it means being a student who cares about your community, who works hard in the classroom, and who takes advantage of all the learning opportunities that can happen outside the classroom, too.
I have been a faculty member at Laurier since 1987 when I received my PhD in Finance from the University of Western Ontario in 1987. I earned my CA designation in 1983.
In 2012 and 2013, I served as the president of the Northern Finance Association.
Research Interests / Ongoing Projects
My current research focus is on insider trading. My past research was in corporate finance and market microstructure with a focus on Canadian capital markets.
Awards and Achievements
Outstanding Paper Award in Investments from Midwest Finance Association (2014).
Toronto CFA Society and Hillsdale Canadian Investment Research Award (2012).
Research Award from Canadian Investment Review (2011).
Distinguished Paper, Smith-Breeden Prize from Journal of Finance (1993).
Student Opportunities / Supervising
I supervise undergraduate students in the Laurier Student Investment Fund. I supervise both undergraduate and graduate students in the Laurier Startup Fund.
William McNally, Andriy Shkilko and Brian Smith. “Do Brokers of Insiders Tip Other Clients?” Management Science (2017).
Ben Amoako-Adu, Vishaal Baulkaran and Brian Smith. "Analysis of Dividend Policy of Dual and Single Class U.S Corporations." Journal of Economics and Business (2014).
Ben Amoako-Adu, Vishaal Baulkaran and Brian Smith. “Executive Compensation in Closely-held Firms: The Impact of Dual Class Structure and Family Management.” Journal of Corporate Finance December (2011).
William McNally and Brian Smith. “A microstructure analysis of the liquidity impact of open market repurchases.” Journal of Financial Research (2011).
William McNally and Brian Smith. “Long-run returns following open market share repurchases.” Journal of Banking and Finance (2007).
Brian Smith, Alasdair Turnbull and Robert White. "Upstairs Market for Principal and Agency Trades: Analysis of Adverse Information and Price Effects." Journal of Finance (2001).
Mark Griffiths, Brian Smith, Alasdair Turnbull and Robert White. "The Costs and Determinants of Order Aggressiveness." Journal of Financial Economics April (2000).