Ali NEJADAMALYERI
Managerial Science Department/028
College of Business and Administration
Reno, NV 89557
Tel: (775) 784-0588 Fax: (775) 784-1769
Email: aliala@freehomepage.com
Homepage: http://aliala.freehomepage.com
Education:
Ph.D.,
FINANCE, University of Arizona, 2001
M.B.A.,
Finance/Economics, Texas A&M University, 1997
B.S.,
Electrical Engineering, University of Tehran, 1993
Dissertation:
"On the Effect of the Term Structure of Interest
Rates on Corporate Capital Structure: Theory and Evidence". Dissertation Committee Chair: Professor Chris Lamoureux.
Synopsis of Dissertation:
Investigated how interest rates affect corporate financing decisions. Found firms are more likely to issue debt as the T–bill yield rises, while they are less likely to issue debt as the T–bond yield and/or the yield curve volatility rise. Determined that these effects are mostly due to information content of the yield curve about the aggregate profitability and distortions in tax shields.
Developed a dynamic model of capital, determining values of debt and equity using stochastic interest rates models (one–factor CIR, two–factor CIR, one–factor CIR with Inflation, and one–factor CIR with jump), while simultaneously solving for the optimal leverage and the optimal debt maturity. Employing dynamic optimization (stochastic control) techniques, found solutions (exact and approximate) to the fundamental partial differential and difference–differential equations. Implemented numerical procedures to solve for the optimal capital structure.
Research and Papers:
"Macroeconomics Conditions and Corporate Financing
Decision ", working paper, 2001
"Dynamic Capital Structure and Stochastic Interest
Rates", working paper, 2001
"Income Smoothing, Hedging and Corporate Financing
Decisions" with Raynolde Pereira, work in progress, 2001
"Interest Rates, Taxes, Bankruptcy and Financing
Decisions", work in progress, 2001
"Macro–Determinants of Corporate Financing",
work in progress, 2001
"Does Corporate Borrowing Predict the Treasury
Yield Curve Movements", with Chris Lamoureux, work in progress, 2001
"Determinants of Prepayment Risk: An Empirical
Examination", work in progress, 2001
Professional Presentations:
"Macroeconomics Conditions and Corporate Financing
Decision", at the “Current Concepts in Studies of the Capital Structure”
conference, Rutgers University, May 2001
"Macroeconomics Conditions and Corporate Financing
Decision", at the Southern Finance Association annual conference, November
2001
Experience:
Taught undergraduate level courses: financial
intermediaries
Taught MBA level courses: financial management
Served as the faculty advisor for Financial Management
Association chapter
Served in the bylaws and the research productivity
committees of the college of business
Taught undergraduate level courses: corporate finance,
investment, financial intermediaries, and risk management; received favorable evaluations
with most recent scores being averaged at 4.2 on a five-point scale
Teaching Assistant for MBA course: investment banking,
international finance
Managed a crew of forty and coordinated the
electrical/instrumentation activities of a $50m oil-gas project
Performed client liaison activities
Submitted project strategic planning reports to
headquarters
Implemented cost-saving aggressive progression methods
leading to 25% reduction of scheduled timeline and 15% cost of operations
Passed successfully an intensive training program
regarding technical and managerial details of the operations of the leading
firm in wireless and testing (logging) industry
Consulted with a multi-national consortium of
contractors for constructing a 600-mile telecom track and boosting stations
Preformed preliminary study of general electrification
plan of the National Iranian Railways
Honors:
Top
one percentile of the applicants for Iranian engineering schools, 1988
Delta
Mu Delta Fellowship, Texas A&M University-Kingsville, 1995
Sells-MBA
Scholarship, Texas A&M University-Kingsville, 1996
GRS
Scholarship, University of Arizona, 1996-2000