Benjamin M. Blau
    Benjamin M. Blau

    Utah State University
    Jon M. Huntsman School of Business
    Economics and Finance Department

    Professor

    CGO Papers
    The Amendment of the Stock Act and the Prices of Stocks Most Held by Congress

    Concerns about governmental insider trading stem from the possibility that government officials may have access to non-public information that allows them to benefit financially.

    How Does Lobbying Regulation Affect the Stock Prices of Firms That Lobby the Most?

    This research examines the effect of political activity on a firm’s value by analyzing the impact of a policy change that increased public disclosure requirements associated with lobbying. In 2007, Congress passed the Honest Leadership and Open Government (HLOG) Act to close loopholes left by previous legislation. The study’s authors use the Act as a negative shock to the effectiveness of lobbying to examine how the stock prices of firms that lobby were impacted surrounding passage of the legislation

    Immigration and the Stock Market

    This study examines the relationship between increases in immigration and the stock prices of firms most likely to be affected by immigration.

    Bio

    Dr. Benjamin M. Blau graduated with honors and received a Ph.D. in Finance from the University of Mississippi in June 2008 after receiving both his Bachelors Degree (Finance, 2002) and Masters Degree (Economics, 2005) here at Utah State University. Ben is passionate about both teaching and research. Before joining the faculty at USU, he taught at the Marriott School at Brigham Young University and was recognized for “Outstanding Undergraduate Teaching” in 2009. Ben’s research interests include asset pricing, financial markets, and financial development. He has published nearly seventy articles in academic journals such as the Journal of Financial and Quantitative Analysis, the Journal of Development Economics, and the Journal of Banking and Finance. His article titled, “Signaling, Free Cash Flow, and Nonmonotonic Dividends” won the Outstanding Paper award in the Financial Review in 2010. Another one of Ben’s article titled, “Trade Size and Price Clustering: The Case of Short Sales and the Suspension of Price Tests” won the 2012 Outstanding Article award at the Journal of Financial Research. His research has also been highlighted by several media outlets, such as the Wall Street Journal, SmartMoney Magazine, and Politico. In 2012, he was recognized as the Huntsman School Teacher of the Year and in 2013, he was again recognized as the Huntsman School Researcher of the Year.

    Education
    • Ph.D., Finance, University of Mississippi, 2008
    • MS, Economics, Utah State University, 2005
    • BS, Finance, Utah State University, 2002

    Benjamin M. Blau