John R. Graham (born June 1, 1961) is an American

financial economist Financial economics, also known as finance, is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on ''both sides'' of a trade". William F. Sharpe"Financia ...

, a

professor Professor (commonly abbreviated as Prof.) is an academic rank at universities and other post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a "person who professes". Professors ...

at the Duke University Fuqua School of Business, a research associate for the

NBER The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic c ...

, and a regular guest commentator on

CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...

. A

Phi Beta Kappa The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal ...

winner, Graham has accumulated a lengthy list of award winning research papers.

Professional career

Graham obtained a

B.A. Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four yea ...

College of William and Mary The College of William & Mary (officially The College of William and Mary in Virginia, abbreviated as William & Mary, W&M) is a public research university in Williamsburg, Virginia. Founded in 1693 by letters patent issued by King William III ...

in 1983, an

M.A. A Master of Arts ( la, Magister Artium or ''Artium Magister''; abbreviated MA, M.A., AM, or A.M.) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Tho ...

from

Virginia Commonwealth University Virginia Commonwealth University (VCU) is a public research university in Richmond, Virginia. VCU was founded in 1838 as the medical department of Hampden–Sydney College, becoming the Medical College of Virginia in 1854. In 1968, the Virginia ...

in 1988 and a

Ph.D A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...

from Duke University in 1994. As a scholar he was elected to the

honor society as an undergraduate and to the Alpha Iota Delta,

Beta Gamma Sigma Beta Gamma Sigma () is the International Business Honor Society. Founded in 1913 at the University of Wisconsin, University of Illinois and the University of California, it has over 980,000 members, selected from more than 600 collegiate chapters i ...

, and

Phi Kappa Phi The Honor Society of Phi Kappa Phi (or simply Phi Kappa Phi or ) is an honor society established in 1897 to recognize and encourage superior scholarship without restriction as to area of study, and to promote the "unity and democracy of education ...

honor societies as a graduate student. Upon completion of his Ph.D., he obtained a position as an Assistant Professor of Finance at Utah University teaching

undergraduates Undergraduate education is education conducted after secondary education and before postgraduate education. It typically includes all postsecondary programs up to the level of a bachelor's degree. For example, in the United States, an entry-le ...

M.B.A. A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as account ...

students, and

Ph.D. A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...

students. In 1997, Graham accepted a position as an Assistant Professor of Finance at Duke University's Fuqua School of Business. He was promoted to Associate professor in 1999 and full professor in 2004. In 1998 and 1999, he had 3 research papers nominated for either the annual Smith Breeden Prize as the best

published Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, news ...

in the ''

Journal of Finance ''The Journal of Finance'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association. It was established in 1946 and is considered to be one of the premier finance journals. The editor-in-chief i ...

'' or the annual

Brattle Prize ''The Journal of Finance'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association. It was established in 1946 and is considered to be one of the premier finance journals. The editor-in-chief i ...

as best corporate finance paper published in the ''Journal of Finance''. In 2000, he won the Brattle Prize for "How Big Are the Tax Benefits of Debt?". In 2001, he won the Jensen Prize for the best corporate finance paper published in the ''

Journal of Financial Economics The ''Journal of Financial Economics'' is a peer-reviewed academic journal published by Elsevier, covering the field of finance. It is considered to be one of the premier finance journals. According to the ''Journal Citation Reports'', the journa ...

'' for "The Theory and Practice of Corporate Finance: Evidence from the Field" (with Campbell Harvey). He again won the Jensen Prize in 2005 for "Payout Policy in the 21st Century" (with Alon Brav, Campbell Harvey and Roni Michaely) and in 2006 for "Tax Shelters and Corporate Debt Policy" (with Alan Tucker). Graham was also the co-editor of the ''Journal of Finance'' for six years, President of the Western Finance Association, and was a member of the board of directors of the

American Finance Association The American Finance Association (AFA) is an academic organization whose focus is the study and promotion of knowledge of financial economics. It was formed in 1939. Its main publication, the '' Journal of Finance'', was first published in 1946. ...

. He will be the President in 2021 of the

. Graham serves as director of the "Duke/CFO Global Business Outlook" survey. As the overseer of the survey, he is quoted in a variety of

mass media Mass media refers to a diverse array of media technologies that reach a large audience via mass communication. The technologies through which this communication takes place include a variety of outlets. Broadcast media transmit informati ...

, such as ''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

''.

Personal life

Graham has been married since 1984 and has three children.

References

External links

John Graham Duke University Home Page
{{DEFAULTSORT:Graham, John 21st-century American economists College of William & Mary alumni Duke University alumni Duke University faculty 1961 births Living people Virginia Commonwealth University alumni Presidents of the American Finance Association