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James M. Forjan, Ph.D.


  • Ph.D., Finance, University of North Texas (1993)
  • M.S., Finance, Pennsylvania State University (1985)
  • B.S., Accounting, Pennsylvania State University (1984)


  • Chartered Financial Analyst


  • Managerial Finance
  • Investments
  • Derivative Securities
  • Financial Management
  • MBA Investments

Research Interests

  • Corporate Finance
  • Investments
  • Derivatives and Risk Management

Recent Publications

  • McCorry, M., VanNess, B., and Forjan, J. "Market Reaction to Announcements to Dividend Changes: An Investigation of the Impact on Bid- Risk." Journal of Finance and Economics (2005).
  • VanNess, B., Forjan, J., "An Investigation of Posion Pill Securties, Long Term Debt, and the Wealth of Shareholders." Mid-American Journal of Business (2003).
  • McCorry, M., Forjan, J., "Adverse Information and Dealer Spreads: Evidence from Sutch Auction Repurchases." Financial Review (1997)


  • Catholic Diocese of Harrisburg, PA
  • Financial Council and Investments Committee
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