Douglas J. Cumming (born 1970) is a Canadian financial economist. He is the DeSantis Distinguished Professor and chair of the finance department in the College of Business at

Florida Atlantic University Florida Atlantic University (Florida Atlantic or FAU) is a Public university, public research university with its main campus in Boca Raton, Florida, and satellite campuses in Dania Beach, Florida, Dania Beach, Davie, Florida, Davie, Fort Lauderd ...

in the United States.

Early life and education

Cumming was born in

Winnipeg, Manitoba Winnipeg () is the capital and largest city of the province of Manitoba in Canada. It is centred on the confluence of the Red and Assiniboine rivers, near the longitudinal centre of North America. , Winnipeg had a city population of 749,6 ...

in 1970. His father, Gordon Rosevear Cumming, was a cardiologist and a member of the Manitoba Sports Hall of Fame. He earned a bachelor's degree in economics and finance from

McGill University McGill University (french: link=no, Université McGill) is an English-language public research university located in Montreal, Quebec, Canada. Founded in 1821 by royal charter granted by King George IV,Frost, Stanley Brice. ''McGill Universit ...

in Montreal, a master's degree in economics from Queen's University in

Kingston, Ontario Kingston is a city in Ontario, Canada. It is located on the north-eastern end of Lake Ontario, at the beginning of the St. Lawrence River and at the mouth of the Cataraqui River (south end of the Rideau Canal). The city is midway between Toro ...

, and a JD and a PhD in economics and finance from the

University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...

Career

Cumming was associate professor of finance in the School of Banking and Finance at the

University of New South Wales The University of New South Wales (UNSW), also known as UNSW Sydney, is a public research university based in Sydney, New South Wales, Australia. It is one of the founding members of Group of Eight, a coalition of Australian research-intensive ...

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

, Australia until 2005, when he was appointed director of the Severino Center for Technological Entrepreneurship at the Lally School of Management at

Rensselaer Polytechnic Institute Rensselaer Polytechnic Institute () (RPI) is a private research university in Troy, New York, with an additional campus in Hartford, Connecticut. A third campus in Groton, Connecticut closed in 2018. RPI was established in 1824 by Stephen Van ...

Troy, New York Troy is a city in the U.S. state of New York and the county seat of Rensselaer County. The city is located on the western edge of Rensselaer County and on the eastern bank of the Hudson River. Troy has close ties to the nearby cities of Albany a ...

. He and his wife, Sofia Johan, were both subsequently employed by the

Schulich School of Business The Schulich School of Business is the business school of York University located in Toronto, Ontario, Canada. The institution provides undergraduate and graduate degree and diploma programs in business administration, finance, accounting, busine ...

York University York University (french: Université York), also known as YorkU or simply YU, is a public university, public research university in Toronto, Ontario, Canada. It is Canada's fourth-largest university, and it has approximately 55,700 students, 7,0 ...

in Toronto, where Cumming was a full professor. In 2018, they moved to the College of Business at Florida Atlantic University, where Cumming was appointed the DeSantis Distinguished Professor of Finance and Entrepreneurship. In 2022, he became chair of the department. Cumming has published extensively on venture capital, including a 2007 paper arguing that tax-subsidized government venture capital funds crowded out non-subsidized funds in Canada. The tax credit was removed in Ontario in 2011 and federally in 2017. Cumming is on the advisory committee for the National Crowdfunding and Fintech Association of Canada. Other published research by Cumming includes findings that more people are likely to start businesses in countries with liberal bankruptcy laws and that a greater percentage of women on boards of directors is associated with less frequent and less severe fraud.

Books

* * * *

Awards and honors

In 2021, Cumming and his collaborators received the 2021 Helena Yli-Renko Research Impact Award, sponsored by the Lloyd Greif Center for Entrepreneurial Studies at the

USC Marshall School of Business The USC Marshall School of Business is the business school of the University of Southern California. It is accredited by the Association to Advance Collegiate Schools of Business. In 1997 the school was renamed following a $35 million donation fr ...

. In 2022, Cumming was listed by

Clarivate Clarivate Plc is a British-American Public company, publicly traded analytics company that operates a collection of subscription business model, subscription-based services, in the areas of bibliometrics and scientometrics; business intelligence, ...

as one of 92 most-cited scholars in the world in the area of business and economics.

References

External links

* * {{DEFAULTSORT:Cumming, Douglas 1970 births 21st-century Canadian economists Living people Writers from Winnipeg McGill University alumni Queen's University at Kingston alumni University of Toronto alumni University of Toronto Faculty of Law alumni