Gary Sanger

Gary C. Sanger

, CFA
William H. Wright, Jr. Endowed Chair for Financial Services
C. C. "Cliff" Cameron Professorship in Finance #1
Professor, Department of Finance
Director, CFA Program
Director, SMART Lab
2923 Business Education Complex North
501 South Quad Drive
Baton Rouge, LA 70803
Phone: 225-578-6353
Fax: 225-578-6366

Biographical Summary

Gary C. Sanger is the William H. Wright Jr. Endowed Chair for Financial Services at Louisiana State University. He holds a PhD in finance from Purdue University and is a CFA Charterholder. Gary is past president of the Southern Finance Association and received the C. Stewart Shepard Award for Outstanding Contribution to CFA Institute Education Programs.

Education

  • PhD Management / Finance (Minor in Econometrics), Purdue University, West Lafayette, IN, 1980
  • BS Industrial Management/ Honors in Economics, Purdue University, West Lafayette, IN, 1973

Awards & Honors

  • Research Gate, Research Gate, 2019
  • CFA Continuing Education, CFA Institute, 2018
  • Research Gate, Research Gate, 2018
  • Donald L. Tuttle Award for Excellence in CFA Examination Grading, CFA Institute, 2013
  • Excellence in Teaching, E.J. Ourso College of Business, 2010
  • President, Southern Finance Association, 2010
  • Department of Finance Excellence in Teaching Award, Louisiana State University, 1995

Interests

  • Teaching Interests: Securities analysis, portfolio theory, asset pricing
  • Research Interests: Financial markets, asset pricing, mutual funds

Selected Research Publications

  • Chen, J., Sanger, G. C., and Song, W. (2019). The relationship insurance role of financial conglomerates: Evidence from earnings announcements. Journal of Corporate Finance, 58(October 2019), 505-527.
  • Lin, W. and Sanger, G. C. (2019). An alternative fundamental weighting scheme based on enterprise value multiple. Journal of Asset Management, 20(2), 146 - 156.
  • Chen, F., Sanger, G. C., and Slovin, M. B (2013). Asset Sales in the Mutual Fund Industry: Who Gains?. Journal of Banking and Finance, 37(December 2013), 4834 - 4849.
  • Lin, J., Sanger, G. C., and Booth, G. Geoffrey (1995). Trade Size and Components of the Bid-Ask Spread. Review of Financial Studies, 8(4), 1153-1183.
  • Lin, J., Sanger, G. C., and Booth, G. (1995). Trade Size and Components of the Bid-Ask Spread. Review of Financial Studies, 8(4), 1153-1183.
  • Sanger, G. C. and Peterson, J. D. (1990). An Empirical Analysis of Common Stock Dealings. Journal of Financial and Quantitative Analysis, 25, 261-272.
  • Lamoureux, C. G. and Sanger, G. C. (1989). Firm Size and Turn-of-the-Year Effects in the OTC/NASDAQ Market. Journal of Finance, 44, 1219-1245.
  • McConnell, J. J. and Sanger, G. C. (1987). The Puzzle in Post-Listing Common Stock Returns. Journal of Finance, 42, 119-140.
  • Sanger, G. C. and McConnell, J. J. (1986). Stock Exchange Listings, Firm Value and Security Market Efficiency: The Impact of NASDAQ. Journal of Financial and Quantitative Analysis, 21, 1-25.

Presentations

  • Sanger, G. C., Song, W., and Chen, J. (2018, December). The Relationship Insurance Role of Financial Conglomerates: Evidence from Earnings Announcements. Presented at Journal of Corporate Finance (JCF) Special Issue Conference sponsored by Journal of Corporate Finance, Hong Kong.
  • Sanger, G. C, Song, W., Hu, ., and Chen, J. (2018, November). The Market Microstructure Effects of Bank Equity Holdings. Presented at Southern Finance Association sponsored by Southern Finance Association, Asheville, NC.
  • Sanger, G. C. and Du, W. (2017, November). Anti-takeover Provisions, Corporate Governance, and Firm Performance. Presented at Southern Finance Association Annual Meeting sponsored by Southern Finance Association, Key West, FL.
  • Sanger, G. C. (2016, November). Is smart beta still smart under the lens of the diversification return?. Presented at Southern Finance Association sponsored by Southern Finance Association, Destin FL.
  • Chen, J., Sanger, G. C., and Song, W. (2013, November). The Relationship Insurance Role of Financial Conglomerates:. Presented at Southern Finance Association sponsored by Southern Finance Association, Fajardo, Puerto Rico.

Grants

  • Personnel: Sanger, Gary
    Title: Office of Research and Economic Development Faculty Travel Grant Program
    Sponsoring Organization: LSU
    Year: 2016
  • Personnel: Sanger, Gary (role: Principal)
    Title: Office of Research and Economic Development Faculty Travel Grant Program
    Sponsoring Organization: LSU
    Year: 2015

Books

  • Sanger, G. C. (1982). Stock Exchange Listings, Firm Value and Market Efficiency. Ann Arbor, MI: UMI Research Press.

Professional and Service Activities

  • Southern Finance Association, Program Organizer (March 15, 2019 - April 15, 2019)
  • Faculty Senate Courses and Curriculum Committee, Committee Member (January 19, 2017)
  • Policy Committee, Committee Chair (August 31, 2017)
  • LSU, Reviewer, Grant Proposal (January 1, 2016)

Employed by LSU since

August 21, 1985