Thomas Hall

   Thomas W. Hall, Ph.D.

    Associate Professor of Finance and Economics
   Ph.D., University of Southern California
   M.A., B.A., Johns Hopkins University

Office: BTC 404
Phone: (757) 594-8916
Email: thomas.hall@cnu.edu
Personal Website: https://sites.google.com/a/cnu.edu/thomashall/home


Teaching responsibilities: Corporate finance (junior and senior level); financial policy and strategy
 
Research interests: corporate finance; venture capital; privately-held companies; capital structure; entrepreneurship; international finance
 
Profile:  Dr. Hall has been an Associate Professor of Economics and Finance at CNU since 2006; he has also held academic appointments with the Cass School of Business at the City University of London, USC’s Marshall School of Business, the Stockholm School of Economics, the University of Alabama (Huntsville), and the Graziadio School of Business at Pepperdine. He has been awarded both a Fulbright Fellowship and a Rotary Ambassadorial Scholarship for study at the Free University of Berlin.  He truly enjoys teaching and informs his lectures and in-class discussions with examples drawn from his professional background, recent findings in finance research, and current events and business stories from the news media.


His private sector background includes helping depository institutions comply with federal banking regulations at KPMG’s Financial Services and Regulatory Advisory Practice in Washington DC, marketing research for the information technology group at KPMG’s offices in Berlin (Germany), managing an international survey of high-technology managers for the PricewaterhouseCoopers Menlo Park Technology Center, and providing asset allocation and exchange rate hedging advice to institutional investors while at the Financial Analytics and Structured Transactions group at Bear, Stearns, and Co.’s former Manhattan offices.  He has personally advised the Prime Minister of Trinidad and Tobago on capital market competitiveness, and promoted income-generating projects in rural Africa for the Adult Literacy Organization of Zimbabwe.


His experience in compensated research includes managing a team in the Capital Markets group of the Milken Institute where he helped develop a color-coded early-warning scheme for national financial crises; he also helped manage a two-year, global survey of CEOs, CFOs, bankers, and consultants in conjunction with the thought leadership practice at PricewaterhouseCoopers.  In 2005, he was commissioned to conduct research for the Paris-based OECD’s initiative concerning corporate governance at privately held firms.  In 2009, he performed compensated research relating to the origins of shareholder activism for the Millstein Center on Corporate Governance and Performance at the Yale School of Management. 


Dr. Hall conducts corporate finance research concerning companies that are not listed on public stock exchanges, due to their early-stage nature, small size, or location in countries (or historical epochs) that don’t exhibit robust equity markets.  He has over 30 publications including peer-reviewed journal articles (in such outlets as the Journal of Economic Issues, the Journal of Software, and the Tobin Review of Business), book chapters, op/eds, and policy recommendations; he has made over 35 presentations at academic conferences and practitioner gatherings in the past decade.  Some of his working papers are available for download.


At CNU, Dr. Hall served on the steering committee for the Luter School of business during 2009-10, and helped manage the faculty development and research portions of its recent AACSB accreditation activities.  In 2009-10 was appointed the title of Brout Professor, and taught a seminar on the corporate finance aspects of secular economic development.  He currently serves on the faculty senate.