OBJECTIVE
Teaching and
research at a major university with both graduate and undergraduate programs.
Prefer to teach in the areas of banking and financial markets and/or
investments.
EDUCATION
Ph.D.,
University of Illinois, Champaign, Illinois,
Finance
October, 1988
Major Fields: Banking and Financial InstitutionsInvestments
Minor Fields: Economic TheoryQuantitative Methods
Dissertation
Title:"An Asymptotic Principal Component
Performance Measure for Mutual Funds
With Emphasis on Fixed-Income Funds Relative to Balanced and Stock Funds"
Dissertation
Committee:
Professor Chen-few Lee
Professor Louis Scott
Professor Morgan J. Lynge, Jr.
M.S., University
of Illinois, Champaign,Illinois,
Finance May, 1985.
M.B.A., Illinois State University, Normal, Illinois,
May, 1982.
B.S.Ed., Northern Illinois University, DeKalb, Illinois,
Math May, 1973 (cum laude).
EXPERIENCE
University of
North Florida, Jacksonville, Florida
Associate Professor of Finance
August, 1992 - present
University of
North Florida, Jacksonville, Florida
Assistant Professor of Finance
August, 1987 - 1992
University of
North Florida, Jacksonville, Florida
Visiting Assistant Professor of Finance
August, 1986 -1987
University of
Illinois, Champaign, Illinois
Teaching Assistant
August, 1982 to June, 1986
The National
Bank of Bloomington, Bloomington, Illinois
Trust Administrative Support Officer
March, 1981 to July, 1982
Illinois State
University, Normal, Illinois
Research Assistant
August, 1980 to March, 1981
RESEARCH/PUBLICATION
Text:
Financial
Management: Instructor and Student Partnership Third Edition,
by Cheryl J. Frohlich, Burgess Publishing, Summer 1998.
Financial
Management: Instructor and Student Partnership Second Edition,
by Cheryl J. Frohlich, Burgess Publishing, Fall 1996.
Financial
Management: Instructor and Student Partnership,
by Cheryl J. Frohlich, Burgess Publishing, Fall 1995.
Teaching
Related:
Foundations
of Corporate Finance, Study Guide,
by Ronald Moy and Cheryl Frohlich, 1996.
Testbank to Accompany
Charles E. Maxwell's Financial Markets and Institutions: The Global
View prepared by Cheryl J. Frohlich, A. Sam Ghanty, and Carolin D.
Schellhorn, 1994.
Proceedings:
"An Examination
of Bank Merger Activity: A Strategic Framework Content Analysis," by
C. Frohlich and C. Bruce Kavan in 2000 Academy of Accounting and Financial
Studies Proceedings.
"The Effect
of AECC Recommended Changes on the Performance of Students in the First
Accounting Course," by Homer Bates and Cheryl Frohlich in 1999 SE-AAA
Proceedings
"Audit
Risk and Expense Preferencing Behavior in Failed Banks: An Empirical Study"
by C. J. Frohlich and John McEldowney in 1992 SE-AAA Proceedings
Articles
in Texts:
"Developing
Balanced Information Systems," by A. C. Samli, Bruce Kavan, and Cheryl
J. Frohlich in Information-Driven Marketing Decisions: Development of
Strategic Information Systems by A. C. Samli, Quorum Publishers, 1996.
"Developing Consumer
Friendly Services," by A. C. Samli and Cheryl J. Frohlich in Social
Responsibility in Marketing by A. C. Samli, Quorum Publishers, 1992
.
"Unions Last
Frontier: The Banking Industry," in Labor Relations Process, 5th
edition by Ken Jennings and William A. Holley, Fall 1993.
Articles
in Refereed Academic Journals:
“A Multi-Factor
Analysis of Country Fund Returns,” by Seth C. Anderson, B. Jay Coleman,
Cheryl J. Frohlich, and Jeffrey W. Steagall, Journal of Financial
Research, Forthcoming, 2000 Review Process: Three blind reviewers
with 11-20% acceptance rate.
"Improving
Bank Marketing Performance," Cheryl J. Frohlich, Bruce Kavan, and
A. Coskun Samli, Journal of Business Strategies Fall 1999.Review
Process: Two blind reviewers with 11-20% acceptance rate.
"Developing a
Balanced Information System: Establishing Strategic Superiority for Service
Organizations," by Bruce Kavan, Cheryl J. Frohlich and A. Coskun Samli,
Journal
of Service MarketingWinter 1994.Review Process: Four blind reviewers
with 11-20% acceptance rate.
"A Universal
Performance Measure: An Empirical Investigation," by C. J. Frohlich, Advances
in Financial Planning and Forecasting, Vol.5, Fall 1994.
"Consumer Friendly
Financial Services: Combining Efficiency and Effectiveness," by Cheryl
J. Frohlich and A. Coskun Samli, Journal of Business and Psychology,
Winter 1993. Review Process: Three blind reviewers with 11-20% acceptance
rate.
"Margin Requirements
and the Behavior of Silver Futures Prices,"
by Christopher K. Ma, G. Wenchi Kao, and C. J. Frohlich Journal
of Business Finance and Accounting , Vol. 20 No. 1, January, 1993.Review
Process: Three blind reviewers with 40 % acceptance rate.
"Service: The
Competitive Edge in Banking" by A. Coskun Samli and Cheryl J. Frohlich,
Journal
of Service Marketing Winter 1992.Review Process: Four blind reviewers
with 11-20% acceptance rate.
"Risk Arbitrage
in Tender Offers", by William P. Dukes, Cheryl J. Frohlich and K.C. Ma
forthcoming in Journal of Portfolio Management Summer 1992.Review
Process: Two blind reviewers with 15% acceptance rate.
"A Performance
Measure for Mutual Funds Using the Connor and Korajczyk Methodology: An
Empirical Investigation" by Cheryl J. Frohlich Review of Quantitative
Finance and Accounting Fall 1991.Review Process: Three blind Reviewers
with 6-10% acceptance rate.
Articles
in Editor-Reviewed Practitioner Journals:
"Loan
Securitization Broadens in Scope" by C. J Frohlich-Plummer and J. W. Abraham,
Florida
Banking, November/December,1988.
"It's Time for
Banking Industry to Stress Service" by C. J. Frohlich-Plummer, Jacksonville
Business Journal,August 8, 1988.
"How to Assess,
Meet Liquidity Needs," by C. J Frohlich-Plummer and J. W. Abraham, Florida
Banking, July, 1988.
"Rate Swaps Could
Team Banks, Thrifts," by C. J Frohlich-Plummer and J. W. Abraham, Florida
Banking, June, 1988.
"Trust Departments
More Widespread, Profitable," by C. J. Frohlich-Plummer, Jacksonville
Business Journal, June 13, 1988
.
"Trust Services
Require Aggressive Marketing," by C. J. Frohlich-Plummerand
J. R. Plummer, Florida Banking, May, 1988. (90% by C. J. Frohlich-Plummer)
"Trust
Department Require Target Marketing to Stay Step Ahead of Competition," by
C. J Frohlich-Plummer, Florida Banking, April, 1988.
"Know the 4 Steps
in Trust Marketing," by C. J Frohlich-Plummer, Florida Banking,
March, 1988.
"Interest-Rate
Futures Can Minimize the Downside Risk," by C. J Frohlich-Plummer and J.
W. Abraham, Florida Banking, February, 1988.
"Modern Management
a Must in Banking," by C. J. Frohlich-Plummer, Jacksonville Business
Journal, February 29, 1988.
"Duration Gap
Analysis Is True Measure of Rate Risk," by C. J Frohlich-Plummer and
J. W. Abraham, Florida Banking, January, 1988.
Funded
Research:
“An Examination
of the Underlying Motivation for the Recent Merger and Acquisition Activity
in Banking,” by Cheryl Frohlich and Bruce Kavan, Kip Fellow Research Grant—1999-2000
“Impact
of Political/Social Responsibility Considerations on the Efficient Market
Hypothesis: The Case of Walt Disney and the Casino Gambling in Florida,"
by Cheryl J. Frohlich, Kenneth M. Jennings COBA Research Grant, 1997.
"Congruence
Between Self-Image and Bank Image." TSI SEED Grant (with A. Coskun Samli),
1993.
"Community and the Bank." TSI SEED Grant (with Steve Paulson), 1993.
"Expense Preferencing Behavior in Failed Banks." TSI SEED Grant, 1989.
Mcknight Fellowship for 1989-1990, 1989.
Manuscripts
Under Review:
"Customer
Checking: A Neglected Revenue Source," by C. J. Frohlich and A. Coskun
Samli, Bank Marketing. Review Process: Four blind reviewers with
40-50% acceptance rate.
"Impact of Political/Social
Responsibility Considerations on the Efficient Market Hypothesis: The Case
of Walt Disney and the Casino Gambling in Florida," by Cheryl J. Frohlich,
Kenneth M. Jennings Review of Quantitative Finance and Accounting
Review Process: Three blind reviewers with 6%-10% acceptance rate.
Work
in Progress:
"An Investigation
into Learning Styles of Successful Accounting Students and Practioners,"
by Homer Bates, and Cheryl Frohlich
"An Examination
of the Underlying Motivation for the Recent Merger and Acquisition Activity
in Banking," by Cheryl Frohlich and Bruce Kavan
"Teaching and
Research: Assessing the Relationship in the Florida State System", by Cheryl
Frohlich, and Homer Bates (30% complete)
"Comparative
Performance Measures: An Empirical Investigation,"by C. J. Frohlich, Financial
Analyst Journal, Review Process: Three blind reviewers with 40% acceptance
rate (90% complete)
"Promotional
Checking for Marketing: A New Communication Medium," by C. J. Frohlich
and A. Coskun Samli, Journal Advertising. (Rewrite) Review Process:
Five blind reviewers with 40-50% acceptance rate.
"Turnover Ratios
and Performance in Stocks Funds: Is There a Relationship?"by
C. J. Frohlich, 80% completion, targeted for Journal of Portfolio Management,
Review Process: Two-Four blind reviewers with 11%-20% acceptance rate.
"Congruence
Between Self-Image and Bank Image Leading to Customer Loyalty", by Cheryl
J. Frohlich and A. Coskun Samli,40% completed targeted for Journal of
Financial Research, Review Process: Two blind reviewers with 11-20%
acceptance
PROFESSIONAL
ASSOCIATION PARTICIPATION
Presenter:
2000 American
Academy of Accounting and Finance, “ The Finance Faculty Research-Teaching
Relationship: Florida Evidence,” by Cheryl Frohlich and Homer Bates.
.
2000 Financial
Management Association Meeting, “ Comparison of Composite Performance Measures:
An Empirical Investigation,” by Cheryl J. Frohlich
.
2000 Academy
of Business Education, “The Relationship Between Research Productivity
and Teaching Effectiveness of Finance Faculty by Homer Bates and Cheryl
Frohlich
2000 Academy
of Accounting and Financial Studies, "An Examination of Bank Merger Activity:
A Strategic Framework Content Analysis," by C. Frohlich and C. Bruce Kavan.
1999 Southern
Finance Association: " Comparison of Composite Performance Measures: An
Empirical Investigation," by Cheryl Frohlich
1999 American
Accounting Association Southeast Regional Meeting:" The Effect of AECC
Recommended Changes on the Performance of Students in the First
Accounting Course,"by Homer Bates and Cheryl Frohlich
1996 Southern
Finance Association "Country
Mutual Funds,” by Dilip Kare , C. J. Frohlich, and Seth Anderson
1996 Southern
Finance Association, "Turnover and Mutual Funds Performance," by CherylJ.
Frohlich
1995 Southern
Finance Association: " Value Laden Politics and Its Effect Upon the Market"
with Kenneth M. Jennings and Dilip Kare
1991 Southern
Finance Association: "Country Mutual Funds Performance: An Empirical Investigation,"
with Dillip Kare
1990 Academy
of Financial Services: "Expense Preferencing Behavior in Failed Banks:
An Empirical Study," with John McEldowney
1990 Southern
Finance Association: "Is the Same Performance Measure for Stock and Bonds
Appropriate?" with Bridget Booth
1989 Eastern
Finance Association: " A Universal Performance Measure: Is It Valid for
All Types of Mutual Funds?"
1989 Eastern
Finance Association: "Macro Economic Factors Influencing Security Returns:
Is There a Difference Between Stocks and Bonds?"
1989 Southern
Finance Association: "Turnover ratios: Are They a Good Indicator of Performance
of Mutual Funds?"
1988 Southern
Finance Association: "Jensen's Measure Revisited Using the Connor and Korajczyk
Methodology" winner of the Outstanding Paper Award in Investments.
Discussant:
1996 Financial
Management Association: "A
Micro-Foundations of Futures Exchanges," by Leonard J.
Schneck and Danny M. Ervin, Jr.
1992 Southern
Finance Association: "Evidence on the Determinants ofCapital
Structures: Regulated vs. Unregulated Firms"
1990 Southern
Finance Association: "An Empirical Analysis of Interest Rate Swap
Spreads," by Keith C. Brown, W. Van Harlow, and Donald J. Smith.
1990 Eastern
Finance Association: "Capital Market Constraints and Information
Effects of FinancingDecisions,"by Biswas and Sris Visvanath.
1989 Financial
Management Association: "Factors InfluencingBid-Ask Quote
Revisions: An Exploratory Investigation,"by Hasung Jang and P.C.
Venkatesh.
1989 Southern Finance Association: "An AlternativeSpecification
of Duration with Respect to Uncertain Inflation," by Gary A. Anderson,
Joel R. Barber,and Chun-Hao Chang.
1988 Southern
Finance Association: "Market Pricing of the Contractual Characteristics
of Commercial Bank PreferredStock." by Shane A. Johnson.
1988 Eastern
Finance Association: "Interest Rate RiskImmunization Using
Duration Vector Approach:An Application to Commercial
Bank's Financial Statements," by Omar M. Benkato, Mahmoud
M. Haddad, and Abdalla M.Eldarrat.
1988 Midwest
Finance Association: "The Distributional Properties of Savings and
Loans Association FinancialRatios," by Daniel E.Vetter and
John Wingender
Chair:
2000
Financial Management Association: Session 60
PERFORMANCE EVALUATION (METHODOLOGY)
Financial Management Association: Session 90
ENHANCING YOUR CAREER
1998
Financial Management Association: Session 20
EMPIRICAL
QUESTIONS AND INVESTMENT IMPLICATIONS
1995
Financial Management Association: Session 101
INTERNATIONAL
FUTURES MARKET
1992
Southern Finance Association: Session 13
RESTRUCTURING
AND VALUATION
JOURNAL
REVIEWER:
The Quarterly
Review of Economics and Finance
MANUSCRIPT REVIEWER
Dryden Press:
Maxwell, Charles E and Stephanie Smith., Contemporary
Financial Markets and Institution, 1999
West Publishing:
Maxwell, Charles E.,Contemporary Bank Management :The Global View.
1995.
Maxwell, Charles
E., Contemporary Financial Markets and Institutions. 1994.
South-Western
College Publishing:
Mehta,
Dileep R. and Hung-Gay Fung, International Dimensions of Bank Management
1999
Moyer, McGuigan,
Kretlow, and Rao, Contemporary Financial Management Fundamentals
1999
Scott, William
L., The New Financial System: Innovations In Services and Applications
SPEAKING ENGAGEMENTS
“Issues
in Personal Finance and Retirement Planning”
Community in the
Classroom Sponsored by University of North Florida (2000)
"Current
Research Agenda and Problems in Research Encountered while at UNF"
Research Luncheon
Sponsored by the Academic Vice Presidents Office and UFF (1997)
"Value-Laden Politics and Its Effect Upon the Market"
College of Business
Administration Brown Bag Luncheon (1997)
"Can We Meet Customer Needs and Be Cost Efficient in Training?"
National Society
of Performance and Instruction (1994)
"Group Work: Peer Grading and Dynamics"
UNF Dept. of Accounting
and Finance Teaching Workshop (1994)
"Women's Issues in Higher Education: Panel Discussion"
SUS's Women in Higher
Education at Tallahassee (1994)
"The Savings and Loan Crisis: Its Impact"
Clay Builders Council
(1990)
Kiwanis Club of Jacksonville
Beach (1990)
University of North
Florida's Graduate Club (1990)
CONTINUING EDUCATION
Business Writing
(1998-1999)
Using the Finance Calculator (1998-)
Series 7 Review Class (1998- 1999)
Business Ethics and the Banking Industry Professional:
An Employee Orientation Program for Barnett Banks, Inc (1995)
Certificate Program in Management Practices (1994-1996, 1999)
AWARDS
AND HONORS
Teaching:
University of North Florida’s
Outstanding Undergraduate Teaching
Award (2000)
University of North Florida College of Business Administration’s
Outstanding Finance Teacher of
the Year (1998)
State of Florida’s
Teacher's Incentive Program Award
(1997)
University of North Florida College of Business Administration’s
Outstanding Finance Teacher of
the Year (1997)
University of North Florida 's
OutstandingUndergraduate Teaching
Award (1995)
University of North Florida College of Business Administration’s
Finance and Investment Society
Award (1990)
Research:
Recipient of Kip Fellow Research Grant—1999-2000
Recipient of COBA Research Grant 1998
Recipient of the University of North Florida's TSI
Seed Research Award (Two awards received for
1993)
Recipient of McKnight Junior Fellowship (1989)
Recipient of the University of North Florida's TSI
Seed Research Award (1989)
Recipient of Peat Marwick Professional Development Program (1989)
Recipient of SFA Outstanding Paper Award in Investments (1988)
Other:
Phi Kappa Phi, National Honorary (1996)
Recipient of The Institute of Chartered Financial Analysts' Certificate
of Achievement
(1993,1994,1995)
Recipient for Presidential Fellow in Leadership (1994)
Recipient of Special Recognition Award from Illinois Banks (1984)
Recipient of Continental Bank Minority Fellowship (1982)
Beta Gamma Sigma (1982 - present)
Pi Lambda Theta (1972 - present)
Echoes, Northern Illinois University's Junior Women's Honorary (1972)
Who’s Who Among American Teachers (2000)
Who's Who in Finance and Industry (1998)
Who's Who in Professional and Executive Women (1987-1994)
Two Thousand Notable American Women (1988 & 1989)
PROFESSIONAL MEMBERSHIPS
Jacksonville
Certified Financial Analyst Society;
Membership Chair (1993- 1997)
Second Vice President (1994-1995)
Director (1991-1994)
Southern Finance Association(1986-present)
Southwestern Finance Association(1986-present)
Financial Management Association(1986-present)
American Society of Professional and Executive Women (1987-present)
Beta Gamma Sigma(1982-present)
Pi Lambda Theta(1972-present)
Phi Kappa Phi (1996- present)
SERVICE
University
Service:
University of North Florida
1999-2000
Osprey Card Committee
Mentor Program
Alcohol and Abuse Committee
RFP Committee
VP for Academic Affairs Search Committee
Financial Appeals Committee
Appeals Committee, Chair
1998-1999
Osprey Card Committee
Mentor Program
Appeals Committee
Graduate Council
1997-1998
Academic Programs
Osprey Card Committee
Mentor Program
1996-1997
Academic Programs Committee, Chair
University Appeals Committee
Executive Committee
Outstanding Undergraduate Teaching Award Committee
Mentor Program
1995-1996
Academic Programs Committee, Co-Chair
Budget & Legislative Information Committee
University Appeals Committee
Executive Committee
Outstanding Undergraduate Teaching Award Committee
1994-1995
Budget & Legislative Information Committee, Co-Chair
Rules and Appeals Committee
University Tenure and Promotion Committee
Enrollment Task Force Committee
Adjunct Use Committee
Arts & Science and College of Business Administration Cultural
Diversity Committee
1993-1994
Budget & Legislative Information Committee
Enrollment Task Force Committee
1992-1993
Academic Program Committee, Chair
Rules and Appeals Committee
Sponsored Research SEED Committee
Barnett Technology Institute Director Search
1991-1992
Academic Program Committee
Sponsored Research SEED Committee
1990-1991
Academic Program Committee
Sponsored Research SEED Committee
1989-1990
Academic Program Committee
1988-1989
Scientific Misconduct Committee
1987-1988
Women's Center-Finance Committee
Women's Center-Program Committee
College Service:
University of North Florida - Jacksonville, Florida
1999-2000
Graduate Curriculum Committee, Chair
College By-Laws
1998-1999
Graduate
Curriculum Committee, Chair
College By-Laws
Furniture Committee
1997-1998
Graduate
Curriculum Committee, Chair
1996-1997
Graduate
Curriculum Committee, Secretary
Outstanding Undergraduate Teaching Award Committee
1995-1996
Undergraduate
Curriculum Committee
Outstanding Undergraduate Teaching Award Committee, Chair
1994-1995
Department
of Accounting and Finance Chair Search, Secretary
Undergraduate Curriculum Committee
Building Enhancement Committee
1993-1994
Department
of Accounting and Finance Chair Search, Chair
Undergraduate Curriculum Review Committee
International Business Degree Program for Undergraduates
1992-1993
Outstanding
Undergraduate Teaching Award Committee, Chair
Department of Management, Marketing, & Logistics
Visiting MIS Professor Search
Department of Economics Chair Search
Interim Dean of College of Business Administration Search, Secretary
1989-1990
Summer
Research Release Committee
1988-1990
Department
of Management, Marketing, & LogisticsManagement Professor
Search
QMB/Transportation Professor Search
University
of Illinois - Champaign, Illinois
1984-1985
Affirmative
Action Committee
1983-1984
Educational
Policies
Department
Service:
University
of North Florida - Jacksonville, Florida
1999-2000
Finance
& Investment Society, Co-Advisor
Scholarship Committee
Finance Curriculum Committee, Chair
Finance Faculty Committee
Accreditation and Continuous Improvement
Committee, Secretary
Strategic Planning Retreat Committee
1998-1999
Scholarship
Committee
Finance Curriculum Committee, Chair
Finance Instructor Committee, Co-Chair
Finance Visiting Faculty Committee
Accreditation and Continuous Improvement Committee, Secretary
SACs Compliance Committee
Strategic Planning Retreat Committee
1997-1998
Scholarship
Committee
Finance Curriculum Committee, Chair
Finance Faculty Search Committee
SACs Compliance Committee
Sustained Performance Evaluation Committee
Strategic Planning Retreat Committee
1996-1997
By-Laws
Committee, Chair
Evaluation Committee, Chair
Scholarship Committee
Finance Curriculum Committee
Finance Faculty Search Committee
1995-1996
By-Laws
Committee
Scholarship Committee
Finance Curriculum Committee
Accounting and Finance Tenure & Promotion Committee
1994-1995
Scholarship
Committee
Finance Curriculum Committee
Department Budget Committee
1993-1994
Accounting
and Finance Tenure & Promotion Committee, Chair
Accounting Faculty Search
Finance Curriculum Committee
Financial Service Track Committee
Scholarship Committee
Mission Statement Committee
1992-1993
Accounting
and Finance Tenure & Promotion Committee
Visiting Instructor of Finance Search Committee
Financial Service Track Committee
1990-1991
Finance
& Investment Society, Co-Advisor
1989-1990
Banking
Certificate Committee, Chair
Curriculum Advisory Board for Banking Track, Chair
Finance & Investment Society, Advisor
Finance Instructor Search Committee
1988-1989
Finance
Faculty Search Committee
Curriculum Advisory Board for Banking Track, Chair
Finance & Investment Society, Advisor
1987-1988
Banker's
Reception Committee, Chair
1986-1987
Banker's
Reception Committee, Chair
Community
Service:
Jacksonville Financial Analyst Society
Membership
Chair (1993 - 1997)
Director (1991 - present)
Second Vice President (1994 - present)
Jacksonville
Campus Ministry
Finance
Committee (1994 - 1995)
Fort Caroline
United Methodist Church, Jacksonville, Florida
Treasurer
(1997-1999)
Administrative Board (1992 -1999)
Council on Ministry (1992 -1999)
Youth Council (1993 -1996)
Youth Co-Leader(1992 - 1996)
Acolyte Coordinator (1988 - 1991)
Finance Committee (1989)
New Member Committee (1988)
Wesley United
Methodist, Urbana, Illinois
Education
- Work Area (1985 - 1986)
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