American Academy of Arts & Sciences elects Tuck's Professor French as fellow
FOR IMMEDIATE RELEASE—May 3, 2007
CONTACT: Kim Keating - 603-646-2733
Kenneth R. French, the Carl E. and Catherine M. Heidt Professor of Finance at the Tuck School of Business at Dartmouth, is among the 203 new fellows and 24 new foreign honorary members who were elected to the American Academy of Arts and Sciences (AAAS) on April 30. Those elected also include a former vice president of the United States; a former associate justice of the United States Supreme Court; the mayor of New York City; winners of Nobel and Academy Awards and the Pulitzer Prize; corporate CEOs; and two former chairs of the President's Council of Economic Advisers.
An expert in finance, French is best known for the Fama-French Three Factor Model, which he developed with colleague Eugene Fama of the University of Chicago. More recently, French has focused his research on empirical estimates of the cross-section of expected stock returns, the cost of capital, dividend policy, and capital structure. At Tuck, French teaches the popular Investments course, which nearly half of all second-year students elected to take this past fall.
French is the 2007 president of the American Finance Association, considered the premier academic organization devoted to the study and promotion of knowledge about financial economics. He is a research associate at the National Bureau of Economic Research, an advisory editor of the Journal of Financial Economics, a former associate editor of the Review of Financial Studies and the Journal of Finance, and a former director of the Center for Research in Security Prices.
He is the author of numerous articles appearing in such publications as the Journal of Finance, the Journal of Financial Economics, Review of Financial Studies, American Economic Review, Journal of Political Economy, and Journal of Business. Of the 10,000 faculty members around the world whose research is available for download on the Social Science Research Network, French's work ranks the fourth most popular of all time.
In addition to his work at Tuck, French is the head of investment policy for Dimensional Fund Advisors, an investment firm headquartered in Santa Monica. He also sits on the company's board of directors.
The Academy will welcome this year's new class at its annual Induction Ceremony on October 6, at the Academy's headquarters in Cambridge, Massachusetts.
Founded in 1780 by John Adams, James Bowdoin, John Hancock and other scholar-patriots, the Academy has elected as Fellows and Foreign Honorary Members the finest minds and most influential leaders from each generation, including George Washington and Benjamin Franklin in the eighteenth century, Daniel Webster and Ralph Waldo Emerson in the nineteenth, and Albert Einstein and Winston Churchill in the twentieth. The current membership includes more than 170 Nobel laureates and 50 Pulitzer Prize winners. An independent policy research center, the Academy undertakes studies of complex and emerging problems. Current Academy research focuses on science and global security; social policy; the humanities and culture; and education.
For more information about the newly inducted scholars, please visit http://www.amacad.org/news/new2007.aspx.
For more information on Professor French, please visit his personal website at http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/.
Founded in 1900, Tuck is the first graduate school of management and ranks consistently among the top business schools worldwide. Tuck remains distinctive among the world's great business schools by combining human scale with global reach, rigorous coursework with experiences requiring teamwork, and valued traditions with innovation.
|
