FRED R. KAEN, Ph.D. Professor of Finance  Interests: Corporate and International Finance

BIOGRAPHY RECENT RESEARCH COURSES TAUGHT PROFESSOR'S HOME PAGE

FRED R. KAEN
Professor of Finance and Co-Director of the International Private Enterprise Center

Fred R. Kaen received his Ph.D. degree in finance and international business from the University of Michigan in 1972, his M.B.A. from Michigan in 1967 and his undergraduate degree from Lehigh University in 1963.   Since 1973, he has been at the Whittemore School of Business and Economics at the University of New Hampshire where he is a Professor of Finance and Co-director of the International Private Enterprise Center.  He teaches corporate finance, corporate governance and international financial management in the School’s undergraduate, MBA and Executive MBA programs.  Prior to coming to UNH, Dr. Kaen was a financial analyst with Ford Motor Company and taught at Northeastern University.

Kaen’s research focuses on international finance, corporate governance and corporate finance.  He has presented his research at universities and conferences in North America, Europe, Asia and Australia.

Kaen has published extensively in leading academic journals including The American Economic Review, The Journal of Financial Economics, The Journal of Finance, The Journal of Money, Credit and Banking and The Journal of Monetary Economics.  He has a number of books with the latest (2002) being A Blueprint For Corporate Governance: Strategy, Accountability And The Preservation Of Shareholder Wealth

Kaen has been a visiting professor at the University of Oregon, The Norwegian School of Economics and Business (Bergen), the Norwegian School of Management (Oslo), the University of Hamburg and the Budapest University of Economic Sciences and Public Administration.

Education:  Ph.D. (Finance and International Business), University of Michigan, 1972; M.B.A., University of Michigan, 1967, B.S., Lehigh University, 1963.

Kaen, Fred R. and Ahmad Etebari, “European Union Equity Market Reactions to the 1992-93 ERM Crisis,” in The Global Structure of Financial Markets, Routledge,1997.

Kaen, Fred R. and Dag Michalsen, “The Effects of the Norwegian Banking Crisis on Bank and Non Bank Stocks,” Journal of Multinational Financial Management, 7, (1997) pp. 83-112.

Kaen, Fred R.; Hassan Tehranian and Heidemarie Sherman, “The Effects of Bundesbank Discount and Lombard Rate Changes on German Bank Stocks,” Journal of Multinational Financial Management, 7 pp 1-26. (1997)

Kaen, Fred R. and Heidemarie Sherman, Die deutschen Banken und ihr Einfluss auf Unternehmensentscheidungen, ifo Institut, Sonderdruck aus ifo Schnelldienst Nr. 23., August 1997

Bessler, Wolfgang and Fred R. Kaen, "Going Public: A Corporate Governance Perspective," in Comparative Corporate Governance: The State of the Art and Emerging Research, edited by Klaus Hopt, Mark J. Roe and Eddy Wymeersch, Oxford University Press, 1998.

Gittell, Ross and Fred R. Kaen, "State-Assisted Financing Programs:  Policies and Strategies for New Hampshire," mimeo, March, 1998.

Kaen, Fred R. and Heidemarie Sherman, "The Listing of German Firms on the New York Stock Exchange: A Corporate Governance Perspective, Tokyo Club Papers No 12, 1999

Booth, G. Geoffrey, Fred R. Kaen and Heidemarie Sherman, “Bundesbank Intervention Effects Through Interest Rate Policy”, Journal of International Financial Markets, December, 2000

Kaen, Fred R. “Risk Management: A Corporate Governance Perspective,” in Risk: Challenge and Opportunity, edited by Markus Rudolf, Springer, 2000.

Kaen, Fred R. Corporate Governance: A Managerial Perspective, American Management Association, Watertown, MA, 2001.

Kaen, Fred R. “Corporate Governance And Shareholder Value: How Did We Get Here And Where Are We Going?” CESifo Forum, forthcoming, November 2002.

Kaen, Fred R. Firm Size, Employees and Profitability: A Manufacturing Industry Specific Inquiry, H.B. Services Partners, L.L.C., May, 2002.

Kaen, Fred R. A Blueprint for Corporate Governance, AMACOM Books, American Management Association, 2003.

Kaen, Fred R. and Hans Baumann, “Firm Size, Employees and Profitability in U.S. Manufacturing Industries,” mimeo, 2003.