Prof. SO Yuk-Chow, Jacky
Chair Professor of Finance
Ph.D. in International
Finance and International Business, the
M.B.A. in Finance
and minor in Management,
BS(eqv.) Major in Management and minor in Accounting,
in Management Development Program,
Teaching and Research Appointments
Chair-Professor of Finance, Faculty of Business Administration, University
BBVA-Compass Bank Distinguished Professor of
· Professor of Finance, Southern Illinois University-Edwardsville (1993 - 2004).
Visiting Scholar, Federal Reserve Bank of
Visiting Professor of Finance,
· Associate Professor of Finance (tenured), Southern Illinois University-Edwardsville (1988-1993).
Visiting Scholar and Consultant, Federal Reserve Bank of
· Assistant Professor of Finance, Southern Illinois University-Edwardsville (1983-1988).
Teaching and Research Assistant,
Honors and Professional Distinctions
BBVA- Compass Bank Distinguished Professor in
Asian Pacific American Heritage
Honorable Recognition- Dissertation Competition of the
· Founding Member- Society of Chinese American Professionals and Scholars (2005 to present).
· The University Affairs Coordination Committee
· The University Senate
· The General Affairs Committee
· FBA's Advisory Board
· Academic Committee (Faculty)
Community / Public Service
Community and Professional Boards
· Academy of Entrepreneurial Finance Advisory Board.
· Journal of Global Finance Editorial Board.
· North American Journal of Economics and Finance Advisory Board.
· Journal of International Business Editorial Board.
in Quantitative Finance and Business Management Editorial Board (
Financial and Risk Management Editorial Board (
speaker at various clubs- local and state- on issues related to higher education,
business education, economic development, and globalization, especially
economics or political issues related to
· Appearance on several television shows.
· Emcee at many community events.
by Laredo Morning Times in
1. "The Behavior of Foreign Exchange Rates: Risk Measurement and Week Day Effect – A Comment." The Journal of Finance, Vol. LXII, March 1987, pp.181‑188.*
2. “The Sub‑Gaussian Distribution of Foreign Exchange Futures: Stable Paretian or Non-stationary?" The Review of Economics and Statistics, Vol.LXIX, No.1, February, 1987, pp. 100‑107.*
3. Abstract of paper also appears in the Journal of Economics and Literature September 1987, Vol. XXV, No. 3, pp. 1693.
4. "Commodity Risk Premium and Unstable Systematic Risk," the Journal of Futures Markets, Vol. 7, No. 3, June 1987, pp. 311‑26.*
5. "Resources Allocation in Light of a Stochastic Stream of Opportunities," the Applied Mathematical Modeling, Vol. 11, October,1987, pp.384‑87. With D.Aucamp and E. Walter.
6. "Outliers and the Distribution of Financial Ratios," the Journal of Business Finance and Accounting 14, Vol. 4, Winter 1987, pp.483‑96.*
7. "The Behavior of Foreign Exchange Rates‑ A Comment." The Journal of International Business Studies, Vol. XVII, No. 3, Fall 1986, pp. 165‑175.
8. "Variability Measurements and Choice of Foreign Exchange Rate System: Asian Versus Industrialized Countries," International Economic Journal, Vol. 5, Winter, 1991, pp.43-61.
and Inflation Rates." Journal
of Macroeconomics, Vol. 15, Fall 1993,
pp.679-708. Co-author: Radcliffe
10. "A Conservative Decision Rule For Investments Under Uncertainty," Research in Finance, Vol. 9, Spring, 1994, pp.215-223. Co‑author: D. Aucamp.
11. "The Distribution of Financial Ratios," Journal of Accounting, Auditing and Finance, Vol.9, Spring 1994, pp.215-223.*
12. "The Speculative Behavior of Commercial Banks and Foreign Exchange Rates‑ An Empirical Analysis." Research in International Business and Finance, Vol. 11A, 1994, pp.107-130.
13. "International Loans and The Risk-Return Behavior of U.S. Multinational Banks,” Global Finance Journal, Vol. 6, No.2, Fall 1995, pp.135-154. Co-author: Richard Nyerges.
14. “Equity Beta and Growth: A Comparison of the Inc. 100 and Fortune 500.” American Business Review, vol. XIII, No. 1, Jan 1995, pp. 75-84. Co-authors: F.C. Neil Myer, Richard Nyerges.
15. “Insolvency, Foreign-Branch Deposits, and Option-Based Risk-Adjusted Deposit Insurance in the 1980s,” Research in Finance, Vol. 14, 1996, pp. 175-195. Co-author: Andrew Chen.
16. “Forbearance, Deposit Insurance and the Market Value of Savings and Loan Associations.” Advances in Financial Planning and Forecasting. Vol. 8, 177- 200, 1998.
17. “Risk-Taking, Agency Problem, and Small Business Loan Guarantee- An Application of Option Pricing Theory.” Journal of Entrepreneurial Finance, Vol. 6, No. 1, 2001, 24-43. Coauthors: R. Bharati and S. Crain.
18. “Is Exchange rate Volatility Excessive? An ARCH and AR Approach.” The Quarterly Review of Economics and Finance. Co-author: R. Edmonds. 2002.
19. “Deposit Insurance and Forbearances Under Moral Hazard.” The Journal of Risk and Insurance, vol. 71, Dec. 2004, pp. 707-735. Co-author: Jason Z. Wei.*
20. “Dynamic Gap Transformations: Are Banks Asset-Transformers or Brokers? Or Both?” The Quarterly Review of Economics and Finance, Vol. 46, pp. 36-52, 2006. Co-authors: Rakesh Bharati and Prasad Nanisetty.
*These studies are referenced by more than twenty articles appeared in high quality international journals and books.
1. International Financial Management, by Jeff Madura. West Publishing Company.
2. International Financial Markets, by John Evans. West Publishing Company.
3. Speculative Markets, by Alan Tucker. West Publishing Company, 1989.
4. Sharing World Leadership? A New Era for America & Japan, edited by John H.
5. Makin and Donald C. Hellmann. American Enterprise Institute for Public
7. Corporate Finance, by Aswath Damodaran, chapters 16-23, John Wiley and Sons.
8. Performing Financial Studies- A Methodological Cookbook, by Michael J. Seiler. Prentice Hall, 2004.
Faculty of Business Administration