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

financial economist Financial economics 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"Financial Economics", in Its c ...

, a

professor Professor (commonly abbreviated as Prof.) is an Academy, academic rank at university, universities and other tertiary education, post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin ...

at the

Duke University Duke University is a Private university, private research university in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present-day city of Trinity, North Carolina, Trinity in 1838, the school moved to Durham in 1 ...

Fuqua School of Business The Duke University Fuqua School of Business (pronounced ) is the business school of Duke University, a Private university, private research university in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Du ...

, a research associate for the NBER, and a regular guest commentator on

CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...

. A

Phi Beta Kappa The Phi Beta Kappa Society () is the oldest academic honor society in the United States. It was founded in 1776 at the College of William & Mary in Virginia. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, ...

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

Professional career

Graham obtained a B.A.

College of William and Mary The College of William & Mary (abbreviated as W&M) is a public research university in Williamsburg, Virginia, United States. Founded in 1693 under a royal charter issued by King William III and Queen Mary II, it is the second-oldest instit ...

in 1983, an M.A. from

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

in 1988 and a Ph.D. from

in 1994. As a scholar he was elected to the

honor society In the United States, an honor society is an organization that recognizes individuals who rank above a set standard in various domains such as academics, leadership, and other personal achievements, not all of which are based on ranking systems. ...

as an undergraduate and to the Alpha Iota Delta,

Beta Gamma Sigma Beta Gamma Sigma () is an 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 the area of study, and to promote the "unity and democracy of educa ...

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, usually in a college or university. It typically includes all postsecondary programs up to the level of a bachelor's degree. For example, ...

M.B.A. A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

students, and Ph.D. students. In 1997, Graham accepted a position as an assistant professor of finance at Duke University's

. 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 activities of making information, literature, music, software, and other content, physical or digital, available to the public for sale or free of charge. Traditionally, the term publishing refers to the creation and distribu ...

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. The editor-in-chief is Antoinette Schoar. According to the ''Journal Citation R ...

'' or the annual Brattle Prize 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 The Jensen Prize is an annual prize given to authors with the best corporate finance and organizations research papers published in the '' Journal of Financial Economics''. The award is named after Michael Jensen, a co-founding editor of the jour ...

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 Campbell Russell "Cam" Harvey (born June 23, 1958) is a Canadian economist, known for his work on asset allocation with changing risk and risk premiums and the problem of separating luck from skill in investment management. He is currently the J. ...

). 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 Alan Curtiss Tucker is an American mathematician. He is a professor of applied mathematics at Stony Brook University, and the author of a widely used textbook on combinatorics; he has also made research contributions to graph theory and coding theo ...

). 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 A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

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 include the diverse arrays of media that reach a large audience via mass communication. Broadcast media transmit information electronically via media such as films, radio, recorded music, or television. Digital media comprises b ...

, such as ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

''.

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