Gary Sanger

Gary C. Sanger

, CFA
William H. Wright, Jr. Endowed Chair for Financial Services
Professor, Department of Finance
Director, CFA Program
Director, SMART Lab
2923 Business Education Complex North
501 South Quad Drive
Baton Rouge, LA 70803
Phone: 225-578-6291
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

  • Lin, W. and Sanger, G. C. (2020). Is smart beta still smart under the lens of diversification?. Journal of Portfolio Management, 46(9).
  • 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. (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

  • Song, W., Hu, J., Sanger, G. C., and Chen, J. (2019, August). Flow Toxicity and Bank Equity Holdings. Presented at 2019 JAAF conference sponsored by Journal of Accounting, Audit, and Finance, Santiago, Chile .
  • 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