College of Business

Education

• Ph.D. Finance, University of Tennessee
• MBA University of Missouri
• BS Nuclear Engineering, The Pennsylvania State University

Professional Summary

Dr. Craig is an Associate Professor of Finance at Eastern Michigan University.  She earned her B.S. in nuclear engineering at Penn State and worked for over 15 years in the nuclear industry before earning her PhD in Finance from the University of Tennessee.  She uses her extensive corporate experience to strengthen her teaching in the classroom.  She has been at EMU since 2015 and works extensively with our students as advisor for the EMU Honors College, finance student organization and Beta Gamma Sigma chapter.

Courses Taught

• FIN 350 Principles of Finance
• FIN 357 Financial Markets and Institutions
• FIN 358 Financial Statement Analysis
• FIN 359 Intermediate Financial Theory
• FIN 450W Problems in Financial Management
• FIN 455 Fixed Income
• FIN 499 Independent Study
• FIN 615 Financial Markets and Institutions
• FIN 661 Advanced Financial Management

Research Interests & Projects

Dr. Craig's primary research interests are in fixed income, corporate finance and financial markets and institutions.  She is currently working on the following research projects:

• "Persistent Risk Taking and Bank Recovery from the 2007 Financial Crisis”, with Z. Chen and A. Ebrahim.
• "Active Retail Investor Attention, Stock Return Synchronicity, and Risk Factor Loadings", with Z. Chen
• “Time Value of Reflection”, with B. Hadley
  • Awarded the 2017 Financial Education Association's Best Research Paper

Selected Publications

• "Active Attention, Retail Investor Base, and Stock Returns", 2023, Journal of Behavioral and Experimental Finance, Vol. 39, with Z. Chen.
• "Once Bitten, Twice Shy: Evidence from the U.S. Banking Industry in the Crash of the Energy Market", 2020, Energy Economics, with Z. Chen.
• "Political sensitivity and government oversight in the US corporate bond market: evidence from federal contractors", 2020, Corporate Governance, Vol. 20 No. 7, with B. Hadley
• “The January Sentiment Effect in the U.S. Corporate Bond Market”, 2018, Review of Behavioral Finance, 10 (4), with Z. Chen.
• “Do the International Monetary Fund Lending Programs Create Moral Hazard?”, 2016, Journal of Finance Issues, 15 (2), with J. McAllister.

Professional Affiliations

• Financial Management Association
  • FMA Student Chapters Committee Chair and FMA Board of Directors member
• Eastern Finance Association
• Southern Finance Association
• Beta Gamma Sigma

Additional Information

Advising

• Finance Department Honors College Advisor
• Faculty advisor for the Financial Management Association's EMU Chapter
• Faculty advisor for the College of Business' Beta Gamma Sigma chapter, the business honor society

Awards

• EMU Gold Medallion Award, Outstanding Student Organization Advisor, 2020, 2022
• James H. Brickley Endowment for Faculty Professional Development and Innovation - Teaching I, 2019
• Ronald W. Collins Distinguished Teaching Award, 2018 - 2019
• EMU Faculty Research Fellowship, 2016 - 2017, 2018 - 2019, 2020 - 2021
• EMU College of Business Outstanding Teaching Award, 2017 
• EMU New Faculty Research Award, 2015