About the Author
J
ohn B. Guerard Jr. is faculty member in the finance and economics de-
partment at Rutgers Business School, where he teaches Advanced Finan-
cial Management and Investments. He serves on the Virtual Research team
of GlobeFlex Capital Management, in San Diego, and consults to several
other financial institutions, including a hedge fund. Mr. Guerard earned his
AB in Economics, cum laude, at Duke University, an MA in Economics
from the University of Virginia, an MSIM from the Georgia Institute of
Technology, and his Ph.D. in Finance from the University of Texas, Austin.
He served on the faculties at the University of Virginia and Lehigh Univer-
sity, and worked in the equity research departments at Drexel, Burnham
and Lambert and Daiwa Securities Trust. Mr. Guerard was Director of
Quantitative Research at Vantage Global Advisors, in New York City,
when he was awarded the first Moskowitz Prize for outstanding research in
socially responsible investing (SRI). He serves as an associate editor of the
International Journal of Forecastingand the Journal of Investing. His arti-
cles have been published in Management Science, the International Journal
of Forecasting, the Journal of Forecasting, Research in Finance, European
Journal of Operations Research, Journal of the Operational Research Soci-
ety, Research Policy, and the Journal of Investing. His research interests are
in modeling R&D and financial decisions of firms, developing and estimat-
ing stock selection models, and estimating and forecasting time series mod-
els. He is the author, or co-author, of four textbooks. Mr. Guerard used the
first edition of this monograph in his R&D Management and Corporate Fi-
nancial Management class at the Executive Master in Engineering Manage-
ment (EMTM) program, the University of Pennsylvania.
Mr. Guerard lives in Chatham, New Jersey, with his wife and three
children.