Cassandra Marshall
Assistant Professor of Finance
Profile

Cassandra Marshall is an Assistant Professor of Finance at the Robins School of Business. Prior to joining the University of Richmond, she received her Ph.D. in Finance from the Kelley School of Business at Indiana University in 2011. She conducts research in empirical corporate finance where her work focuses on corporate governance, director incentives, corporate fraud, insider trading, and executive compensation. Her work appears in the Journal of Financial Economics, Journal of Corporate Finance, and The Journal of Wealth Management. She has presented her research at seminars and conferences around the world including the American Finance Association, Financial Management Association, European Finance Association, and the Midwest Finance Association. At the University of Richmond, Professor Marshall teaches Principles of Corporate Finance where she enjoys teaching the foundations of finance to students from all business majors and intermediate Corporate Finance where her students learn the theory behind corporate decisions and how to analyze data through Excel modeling.  

Awards

Outstanding Scholarship Award, Robins School of Business 2017

Doctoral Student Travel Grant, American Finance Association Conference 2010

Dean’s Fellowship, Indiana University 2005-2009

Outstanding Senior in College of Business (1st in Class), Western Kentucky University 2004

Outstanding Senior in Finance (1st in Class), Western Kentucky University 2004

Presentations

Directors' Trading Alignment

Financial Management Association Conference 2014 (Nashville, TN)

Explaining CEO Retention in Misreporting Firms

Virginia Commonwealth University 2015, University of Richmond 2013

Do They Do It for the Money?

European Finance Association Conference 2011 (Stockholm, Sweden), American Finance Association Conference 2011 (Denver, CO)

Are Dissenting Directors Rewarded?

Financial Management Association Conference 2011 (Denver, CO), Midwest Finance Association Conference 2011 (Chicago, IL), University of Cincinnati 2011, Indiana University 2010, University of Arkansas 2010, University of Richmond 2010, California State University (Fullerton) 2010, Illinois State University 2010

Memberships
American Finance Association
European Accounting Association
European Finance Association
Financial Management Association
Midwest Finance Association
Institutional Service

Department Service

Committee Chair, Finance Recruiting Committee 2017-2018

Committee Member, Research Committee 2017-present

Committee Member, Strategic Planning Committee 2016-present

Committee Member, Pedagogy Committee 2015-present

Committee Member, Innovation and Entrepreneurship Program Committee 2013-2017

Panel Member, Perspectives in Professionalism, Robins School of Business 2014

University Service

Committee Member, Faculty Development Committee 2016-present

Committee Member, Library Committee 2014-2016

Committee Member, Richmond Scholars Program: Oldham Scholars Selection Committee 2013-2014

Professional Service

Ad Hoc Referee for the European Accounting Review

Ad Hoc Referee for the Journal of Corporate Finance

Selected Publications
Articles

“Excel Calculators for Determining Retirement Accumulation and Disbursement Information” with Tom Arnold, John H. Earl, and Adam Schwartz, The Journal of Wealth Management, forthcoming.

“Explaining CEO Retention in Misreporting Firms” with Messod D. Beneish and Jun Yang, Journal of Financial Economics, 2017, Vol. 123(3), Pgs. 512-535.

“Using Google Sheets to Determine Mortgage Information” with Tom Arnold and John H. Earl, The Journal of Wealth Management, 2017, Vol. 19(4), Pgs. 128-131.

“A Quick Approximation for Modified Bond Duration and Convexity” with Tom Arnold and John H. Earl, The Journal of Wealth Management, 2015, Vol. 18(3), Pgs. 53-56.

“Do They Do It for the Money?” with Utpal Bhattacharya, Journal of Corporate Finance, 2012, Vol. 18(1), Pgs. 92-104.


Education
B.S., Western Kentucky University 2004
Finance & Economics
M.B., Indiana University 2008
Finance
Ph.D., Indiana University 2011
Finance
Contact Information
382 Queally
(804) 287-1851
(804) 289-8878 (Fax)
Areas of Expertise
Corporate Finance
Corporate Governance
Director Incentives
Executive Compensation