Jonathan
A. Scott, Ph.D.
Email: jonathan.scott@temple.edu
Educational Background
Ph.D., Economics, 1980
M.S. Economics, 1977
B.A., Economics, 1972, Magna Cum Laude
Positions Held
Associate Professor of Finance,
Acting Dean,
Associate Dean,
Federal Home Loan Bank of
Assistant Professor of Finance, Southern
Finance 101/191
(Honors): Introduction to Financial Markets
Finance W350:
Seminar in Financial Management. I was
responsible for the developing and gaining curriculum approval of this writing
and technology intensive course.
Finance 211:
Corporate Finance
Finance 212:
Advanced Corporate Finance
Finance 556: Financing
New Growth Companies. This course is
focuses on private equity and is unique for the quality of speakers
(entrepreneurs, venture capitalists, investment bankers)
Finance 401: Financial
Management of Business
Finance 806 (
Executive
education: J.P. Morgan, Goldman Sachs, Marsh Inc., Janney Montgomery Scott,
LLC., Motorola – Connected Home Solutions Division
Leader in Teaching Innnovation,
Musser Award for Excellence in Teaching, 2000
Andrisani-Frank Outstanding Undergraduate Teaching Award, 1999
SBM Honors Outstanding Teacher Award, 1998
Janne Peltoniemi, University of
Refereed Publications
“The Capital Budgeting Decisions of Small Firms,” (with M. Danielson), Journal of Applied Finance, forthcoming.
“A Note on Agency Conflicts and Small Firm Investment Decisions (with M. Danielson),” Journal of Small Business Management, forthcoming
“Women-Owned Business and Access to Credit: Evidence from Three Surveys Since 1987 (with M.Z. Treichel), Venture Capital: An International Journal of Entrepreneurial Finance, forthcoming,
"Loan Officer Turnover and Small Firm Credit Availability," Journal of Small Business Management, (October 2006).
“The Benefits of Leasing: The Small Firm Perspective (with Morris Danielson),” Journal of Equipment Lease Financing, 24, 1-10 (Spring 2006).
“The ‘Output Gap’ and Excess Employment,” with W.C. Dunkelberg, Business Economics, 40, (July, 2005), 40, 23-30.
“Bank Loan Availability and Trade Credit Demand” (with M. Danielson), Financial Review, 39, 579-600 (November, 2004).
“Forecasting Unemployment: A Small Business-Based Model,” with W.C. Dunkelberg and W.J. Dennis, Jr., Business Economics, 39, 44-49 (October, 2004).
Small Business and the Value of Community Financial Institutions. Journal of Financial Services Research, 25, 207-230 (April/June 2004).
"Bank Mergers and Small Firm Financing,” (with W.C. Dunkelberg), Journal of Money, Credit and Banking (December, 2003), 999-1017.
"The Incidence of Secured Debt: Evidence from the Small Business Community," (with John D. Leeth) The Journal of Financial and Quantitative Analysis, 24 (September 1989).
"The Effect of the Bankruptcy Reform Act of 1978 on Small Business Loan Pricing" (with T.C. Smith) Journal of Financial Economics, 16 (1986).
"The AT&T Divestiture: Effect of Rating Changes on Bond Returns," (with J.W. Peavy) Journal of Economics and Business, Volume 38 (1986).
"The Effect of Stock-for-Debt Swaps on Security Returns," (with J.W. Peavy) The Financial Review, Volume 20 (November 1985).
"A Closer Look at Stock-for-Debt Swaps," (with J.W. Peavy) Financial Analysts Journal, 1985.
"The Effect of Stock-for-Debt Swaps on Bank Holding Companies," (with J.W. Peavy and G. Hempel) Journal of Banking and Finance, Volume 9 (1985).
"Rural versus Urban Bank Performance: An Analysis of Market Competition for Small business Loans," (with W.C. Dunkelberg) Journal of Bank Research, Volume 15 (Autumn 1984).
"Small Business and the Value of Bank-Customer Relationships," (with W.C. Dunkelberg) Journal of Bank Research, (Winter 1984).
"Capital Market Influences on Trade Credit Policy," (with W.G. Lewellen and J.J. McConnell) Journal of Financial Research, Volume 3 (Fall 1980).
“Technology, Banking and Small Business (with William J. Dennis, Jr.),” August 2006, submitted to USASBE/SGI 2007 Annual Conference
“When Do Small Firms Prefer Purchasing Equipment (with Morris Danielson),” January 2006, under review at Journal of Equipment Lease Financing.
“Community Banks and the Boundaries of the Firm”, April 2006, Submitted to Journal of Financial Services Research
“Why Small Firms Change Banks,” April 2006. To be presented at FMA 2006 Annual Meeting.
“Small Business Perception of Changes in Competition and Banking Outcomes,” (with W.C. Dunkelberg), 2006. Revise and resubmit Journal of Financial Intermediation.
“Entrepreneurial Firms and Community Banks: Complementary or Conflicting Interests in Banking Relationships?” with Bruce D. Phillips, November 2003, submitted to Small Business Economics (under revision).
“Loan Search and Banking Relationships,” (with W. C. Dunkelberg and M. Leeds). March 2004
Evaluating Banks (with William C. Dunkelberg), NFIB National Small Business Poll, Volume 5, Issue 7, 2005.
Bank Competition (with William C. Dunkelberg), NFIB National Small Business Poll, Volume 5, Issue 8, 2005.
“The Leasing Decisions of Small Businesses,” (with Morris G. Danielson), Equipment Leasing and Finance Foundation, 2006.
“Entrepreneurial Firms and Community Banks: Complementary or
Conflicting Interests in Providing Bank Services?”
“Small Business Indicators of Macroeconomic Activity,” (with W.C. Dunkelberg and William J. Dennis, Jr.), NFIB Research Foundation, October 2003.
“Credit, Banks and Small Business – The New Century,” (with W.C. Dunkelberg and W.J. Dennis), NFIB Research Foundation, January 2003.
“Bank Consolidation and Small Business Lending: A Small Firm Perspective,” (with W. C. Dunkelberg), Proceedings of a Federal Reserve System Research Conference on Business Access to Capital and Credit, 1999
"Branch Banking, Market Concentration and the
Competition for Small Firm Business," (with J.D. Leeth and W.C.
Dunkelberg), Proceedings of a Conference on Bank Structure and Competition,
Federal Reserve Bank of
“WorldGate Communications, Inc. (case study), November, 1999
"Sink or Swim for the Federal Home Loan Banks," (with Charlotte Chamberlain) Legal Times, September 16, 1991.
"Can Undervalued Securities
Be Identified," (with R. Lucchesi), Federal Home Loan Bank Of
"Prepayment Risk Throw an Arbitrage Off Track," (with T.C. Smith) Savings Institutions, March 1988.
"Synthetic Mortgage
Swaps," (with T. Smith) Federal Home Loan Bank Of
"PRAM: A New Advance Program,"
(with M.L. Ochmann) Federal Home Loan Bank Of
"Rebalancing: The Final Leap
in Risk Controlled Arbitrage," (with T. Smith) Federal Home Loan Bank Of
"Standby Letters of Credit
Complement Interest Rate Swaps," Federal Home Loan Bank Of
"Bank Performance in the Emerging Recovery: A Changing Risk-Return Environment," (with G.H. Hempel), Bankers Magazine, January/February 1984.
"Small Business and the Value of Bank-Customer Relationships," (with W.C. Dunkelberg) Journal of Bank Research, (Winter 1984).
"Interest Rate Swaps:
Choosing the Appropriate Index," Federal Home Loan Bank Of
"Interest Rate Swaps:
Matching Assets with Liabilities," Federal Home Loan Bank Of
"Small Business Evaluates its Relationship with Commercial Banks," (with W.C. Dunkelberg) Bankers Magazine, November/December 1983.
“Community Banks and Boundaries of the Firm,” April 2006,Eastern
Finance Association 2006 Annual Meeting,
“Community Banks and Boundaries of the Firm,” October 2005, Financial
Management Association 2005 Annual Meeting,
“Agency Conflicts and Small Firm Investment Decisions (with M. Danielson),” Journal of Small Business Management/Office Depot Research Conference, April 2005.
“The Capital Budgeting Decisions of Small Firms,” (with M.
Danielson), Eastern Finance Association 2005 Annual Meeting,
“Why Small Firms Change Banks (with W.C. Dunkelberg),” Eastern
Finance Association 2005 Annual Meeting,
“Entrepreneurial Firms and Community Banks: Complementary or
Conflicting Interests in Providing Bank Services?” Academy of Entrepreneurial
Finance Annual Meeting,
“Loan Search and Banking Relationships,” Best Paper in
Financial Markets and Institutions Track, Eastern Finance Association 2004 Annual
Meeting,
“Small Business and the Value of Community Financial
Institutions,” Eastern Finance 2004 Association Annual Meeting,
“Small Business and the Value of Community Financial
Institutions,” Federal Reserve Bank of
“A Note on Loan Search and Banking Relationships,” Eastern
Finance Association Annual Meeting,
“Bank Performance and Competition: A Small Firm
Perspective,” Eastern Finance Association Annual Meeting,
“Consolidation and Small Firm Financing,” Small Business
Administration Research Conference,
“Bank Consolidation and Small Business Lending: A Small Firm Perspective,” Business Access to Capital and Credit, A Federal Reserve System Research Conference, March 1999.
“Banking Relationships, Capital Markets and Small Firms,”
Financial Management Association,
“Banking Relationships, Capital Markets and Small Firms,”
Eastern Finance Association Annual Meeting,
"Finance and Strategy: Expanding the Scope of Valuation Instruction," (with M. Danielson), Financial Practice and Education, 2001.
“WorldGate Communications, Inc. (case study), November 1999, unpublished
Flexible Plastics (A) (case study), November 2000, unpublished
Lasting Impressions (case study), April 2005, unpublished
Equipment Leasing and Finance Foundation (with M. Danielson), 2005, $15,000
Small Business Administration, 2005, $20,000
National Federation of Independent Business (with W.C. Dunkelberg), 2001, $10,000
U.S. Department of Agriculture (with W.C. Dunkelberg), 1994.
Co-chair, Academic Planning Committee, Teaching, Learning and Technology Roundtable, 1997-99
University Disciplinary Committee, 2003-2005
University Disciplinary Committee Appeal Board, 2005-present
Entrepreneur interview (http://www.Entrepreneur.com/article/0,4621,320483,00.html), April 2005
Boston Globe interview on community banks, April 2003
Center for Eastern European Studies banking seminars with Croatian and Bosnian bank regulators (1999-2002)
KWY radio interview on First Union/Wachovia merger, April, 2001
WRIT interview, stock market and the economy, March 2001
Letter to editor in response to editorial on macroeconomic policy, February 2001
Sunday Live with Wally Kennedy, The Fed and the economy, January 2001
Daily News interview about state of the economy, October 2000
WRTI interview, Russian debt crisis, August 1998
LA Times interview about Japanese banking crisis, August 1998
Channel 10 interview about Japanese banking crisis, July 1998
Channel 10 interview on market volatility, January 1998
Fox interview on financial planning, December 1997
WRTI interview on First Union/Core States, November 1997
WHYY, discussion of First Union/Core States merger, November 1997
Speech to
External Consulting
Federal Home Loan Bank of
Federal Deposit Insurance Corporation: 1991-1992
Federal Housing Finance Board: 1992-93
Causey, Demgen &