Jeffrey M. Coy, Ph.D.

Jeffrey M. Coy, Ph.D.
Associate Professor of Finance, Finance and International Business programs
290 Burke
PENN STATE BEHREND
281 BURKE CENTER
ERIE PA 16563

Jeff Coy is an Associate Professor of Finance in the Sam and Irene Black School of Business at Penn State Behrend. Prior to joining the faculty at Behrend, he held academic appointments at the University of Central Florida and the University of North Florida. Dr. Coy primarily teaches courses in the areas of corporate finance and international financial management. In addition to traditional and online courses at Behrend, he also teaches online courses for Penn State’s World Campus.

Dr. Coy’s research has appeared in leading finance and economics journals, such as the Quarterly Review of Economics and Finance, the Review of Accounting and Finance, Research in International Business and Finance, and the Journal of Index Investing, among others. His body of research has also been presented at numerous annual conferences, including those of the Financial Management Association (FMA), Southern Finance Association (SFA), Southwestern Finance Association (SWFA), and Eastern Finance Association (EFA).

Dr. Coy holds a Ph.D. in finance from Florida Atlantic University, as well as an M.B.A. with a finance concentration and a B.S. in finance from the University of North Florida.


Teaching

  • Intermediate Financial Management (FIN 451)
  • International Finance (FIN 471)
  • Energy Finance (FIN 418)
  • Corporation Finance (FIN 301)

Professional Memberships

  • Financial Management Association (2012–Present)
  • Southern Finance Association (2011–Present)

Awards and Honors

  • Impact on Practice Award, Penn State Behrend, Black School of Business (2020)
  • Outstanding Paper Award, Southwestern Finance Association Annual Conference (2014)

Assistance to Student Organizations

  • Financial Management Association (FMA)—Behrend Chapter, Faculty Advisor (2016–Present)
    • Superior Chapter Award (2016–Present)

Service to Public and Private Organizations

  • Junior Achievement of Western Pennsylvania—Northwest Region
    • Board Member (2021–Present)
    • Education Committee Chair (2021–Present)
    • Education Committee Member (2015–2021)

Corporate control transactions, corporate risk dynamics, growth options, capital structure dynamics, corporate diversification and refocusing, cross-listing, and corporate foreign currency sensitivity.

Growth Options, Risk Dynamics, and Cost of Capital: Evidence from U.S. Corporate Control Transactions, Quarterly Review of Economics and Finance - 2022
Collaborator: Luis Garcia-Feijoo, Co-Author

Are All Capture Ratios Created Equal?, Journal of Index Investing - 2021
Collaborator: Eric Robbins, Co-Author

The Bonding Hypothesis Revisited: Evidence from U.S. Class Action Lawsuits, Managerial Finance - 2021
Collaborators: Kien Cao, Co-Author; Thu Nguyen, Co-Author

Cross-Border Transactions, Mergers and the Inconsistency of International Reference Points, Journal of Behavioral and Experimental Finance - 2019
Collaborators: Garrett Smith, Co-Author; Andrew Spieler, Co-Author

Corporate Diversification: Can the Observed Diversification Discount Shed Light on Management's Choice to Diversify or Re-Focus?, Review of Accounting and Finance - 2018
Collaborator: Garrett Smith, Co-Author

Short Interest in Mergers: Anomalies in the Overvaluation Hypothesis, Managerial Finance - 2018
Collaborators: Sean Davis, Co-Author; Fernando Guillen Solis, Co-Author

The Likelihood of Management Involvement, Offer Premiums, and Target Shareholder Wealth Effects: Evidence from the 2002-2007 LBO Wave, Research in International Business and Finance - 2016
Collaborators: Kien Cao, Co-Author; Thuy Nguyen, Co-Author

Impact of the Greece Crisis on Corporate Exposure to the Euro, Journal of International Business Research - 2013

Are Explicit Baggage Fees the Answer to Rising Airline Operating Costs?, European Journal of Business Research - 2012
Collaborator: Eric Chiang, Co-Author

Does the Valuation of the Target’s Market Matter? Evidence from Cross-Border Acquisitions by U.S. Firms, Global Business and Finance Review - 2012

Ph D, Finance, Florida Atlantic University

MBA, Finance Concentration, University of North Florida

BS, Finance, University of North Florida