Kevin Crotty

Associate Professor of Finance

Kevin Crotty is an Associate Professor of Finance at Rice University’s Jones School of Business. His research studies the relationship between information and valuations in financial markets and how to evaluate performance of intermediaries such as equity analysts, mutual funds, and hedge funds. His scholarly work is published in The Journal of Finance, The Review of Financial Studies, The Journal of Financial and Quantitative Analysis, Economics Letters, and The Review of Asset Pricing Studies. In addition to numerous presentations at universities and conferences, Kevin has been invited to present his research at leading asset managers including PanAgora Asset Management, Man Numeric, and Fidelity, as well as the Federal Reserve Board, the Securities and Exchange Commission, and the Treasury’s Office of Financial Research. He has received the Award for Excellence in Research at Rice Business. Kevin’s teaching focuses on translating financial theory into practice with an emphasis on (1) equity and fixed income valuation modeling and (2) portfolio construction and evaluation. Prior to his doctoral studies, Kevin earned a master’s degree in accounting from the Kenan-Flagler Business School at the University of North Carolina and worked in corporate accounting for IBM. He holds a Ph.D. in finance from Northwestern University’s Kellogg School of Management.

To read more about Prof. Crotty's work, please visit Rice Business Wisdom.

 

Teaching Interests: 

-Applied finance
-Financial markets
-Portfolio management

Research Interests: 

-Empirical asset pricing
-Market microstructure
-Performance evaluation
-Corporate bonds

Intellectual Contributions

Journal Article

Back, K., & Crotty, K. (2014). The Informational Role of Stock and Bond Volume. Review of Financial Studies, 28(5), 1381-1427. doi:10.1093/rfs/hhu094

Journal Article

Crane, A.D. & Crotty, K. (2016). Passive versus Active Fund Performance: Do Index Funds Have Skill? Journal of Financial and Quantitative Analysis. doi:10.2139/ssrn.2467102