Jared DeLisle
Associate Director, International Cooperative Academic Programs & Associate Professor
Department(s):- Economics and Finance
- International Cooperative Academic Programs
Education
Ph.D., Finance, 2010, Florida State University
MBA, Finance, 2005, Florida State University
B.S., Chemical Engineering, 1995, Florida State University
Biography
Dr. DeLisle is currently an Associate Professor of Finance and the Associate Director of the China Cooperative Academic Programs at Utah State University. He completed B.S. in Chemical Engineering at Florida State University and worked for several chemical manufacturers before returning to Florida State University for his MBA and PhD in Finance. Before joining Utah State in 2014, he was an Assistant Professor of Finance at Washington State University. He has taught a variety of courses such as Corporate Finance (at the Introductory, Intermediate, and Advanced levels), Investments, and Portfolio Management. His research interests include market efficiency, behavioral finance, and institutional investing. Selected publications in which his work is published include Financial Management, Financial Review, Journal of Banking & Finance, Journal of Corporate Finance, Journal of Financial Markets, Journal of Futures Markets, Journal of International Business Studies, Journal of Real Estate Research, Review of Corporate Finance Studies, Review of Quantitative Finance & Accounting, and The Quarterly Review of Economics and Finance. He has also presented his work at various conferences such as the American Accounting Association, Australasian Finance & Banking Conference, Derivative Markets Conference, Financial Management Association, Midwest Finance Association, National Tax Association, Southern Finance Association, Southwestern Finance Association, European Financial Management Association, Research in Behavioral Finance Conference, and Eastern Finance Association. He has won awards for both teaching and research. Dr. DeLisle frequently serves as one of the faculty advisors of the PhD Project's Finance & Economics DSA Planning Committee.
Journal Articles
Academic Journal
- Cumming, D., DeLisle, R.J, Lei, J., Yang, Z., (2026). Corporate Governance and Trade Credit: International Evidence from Board Reforms. Journal of Corporate Finance, 99, 103001.
- Aharon, D., Baig, A., DeLisle, R.J, (2025). The Effects of Governance Quality on the Stability of Equity Markets: Evidence from Cross-Listed Securities. International Review of Finance, 25:3, e70033.
- Berkowitz, J., Dasari, K., DeLisle, R., (2025). The Effect of Fuel Hedging in the Airline Industry on Returns, Volatility, and on the Return-to-risk Relationship Analysis. The Energy Journal, 46:3, 265-284.
- DeLisle, R.J, Grant, A., Mao, R., (2024). Does Environmental and Social Performance Affect Pricing Efficiency? Evidence from Earnings Conference Call Tones . Journal of Corporate Finance, 86, 102585.
- DeLisle, R.J, Wang, M., Yuksel, Z., Zaynutdinova, G., (2024). The Effects of Import Competition on Domestic Financial Markets: The Role of Limits to Arbitrage. Journal of International Business Studies, 55, 212-234.
- Baig, A., Chaudhry, ., DeLisle, R.J, (2024). Dynamics of price clustering in the Pakistan stock exchange. Managerial Finance, 50:3, 590-613.
- Griffith, T., Baig, A., Berkowitz, J., DeLisle, R., (2023). COVID-19 Intensity Across U.S. States and the Liquidity of U.S. Equity Markets. The Financial Review, 58:2, 235-259.
- Baig, A., DeLisle, R., Zaynutdinova, G., (2022). Index Mutual Fund Ownership and Financial Reporting Quality. Research in International Business and Finance, 62, 101755.
- Aharon, D., Baig, A., DeLisle, R., (2022). The Impact of Robinhood Investors on the Volatility of Cross-Listed Securities. Research in International Business and Finance, 60, 101619.
- Aharon, D., Baig, A., DeLisle, R., (2022). The impact of government interventions on cross-listed securities: Evidence from the COVID-19 pandemic.. Finance Research Letters, 46:A, 102276.
- DeLisle, R., Diavatopoulos, D., Fodor, A., Kassa, H., (2022). Variation in Option Implied Volatility Spread and Future Stock Returns. The Quarterly Review of Economics and Finance, 83, 152-160.
- Baig, A., Blau, B., DeLisle, R., (2022). Does mutual fund ownership reduce stock price clustering? Evidence from active and index funds.. Review of Quantitative Finance and Accounting, 58, 615-647.
- DeLisle, R., Ferguson, M., Kassa, H., Zaynutdinova, G., (2021). Hazard Stocks and Expected Returns. Journal of Banking & Finance, 125, 106094.
- Blau, B., DeLisle, R., Whitby, R., (2020). Does Probability Weighting Drive Skewness Preferences?. Journal of Behavioral Finance, 21:3, 233-247.
- DeLisle, R., Yuksel , Z., Zaynutdinova, G., (2020). What’s in a Name? A Cautionary Tale of Profitability Anomalies and Limits to Arbitrage. Journal of Financial Research, 43:2, 305-344.
- DeLisle, R., Morscheck, J.D, Nofsinger, J., (2020). Share repurchases and wealth transfer among shareholders. Quarterly Review of Economics and Finance, 76, 368-378.
- Berkowitz, J., DeLisle, R., (2018). Volatility as an Asset Class: Holding VIX in a Portfolio. Journal of Alternative Investments, 21:2, 52-64.
- Buslepp, W., DeLisle, R., Victoravich, L., (2018). Does Part II of the PCAOB inspection report provide new information to the market?: A re-examination of prior evidence. Managerial Auditing Journal, 33:8/9, 715-735.
- Borochin, P., Cicon, J., DeLisle, R., Price, M., (2018). The Effects of Conference Call Content on Market Perception of Value Uncertainty. Journal of Financial Markets, 40, 75-91.
- Bliss, B., Clark, J., DeLisle, R., (2018). Bank Risk, Financial Stress, and Bank Derivative Use. Journal of Futures Markets, 38:7, 804-821.
- DeLisle, R., French, D., Schutte, M., (2017). Passive Institutional Ownership, R2, and Price Informativeness. Financial Review, 54:4, 627-638.
- DeLisle, R., Diavatopoulos, D., Fodor, A., Krieger, K., (2017). Anchoring and Probability Weighting in Option Prices. Journal of Futures Markets, 37:6, 614-638.
- DeLisle, R., Walcott, N., (2017). The Role of Skewness in Mergers and Acquisitions. Quarterly Journal of Finance, 7:1
- DeLisle, R., Mauck, N., Smedema, A., (2016). Idiosyncratic Volatility and Firm-Specific News: Beyond Limited Arbitrage. Financial Management, 45:4, 923-951.
- DeLisle, R., Mauck, N., Lee, B.S, (2016). The dynamic relation between short sellers, option traders, and aggregate returns. Review of Quantitative Finance and Accounting, 47:3, 645-371.
- DeLisle, R., McTier, B., Smedema, A., (2016). Systematic Limited Arbitrage and the Cross-Section of Stock Returns: Evidence from Exchange Traded Funds. Journal of Banking and Finance, 70, 118-136.
- Autore, D., DeLisle, R., (2016). Skewness preference and seasoned equity offers. Review of Corporate Finance Studies, 5:2, 200-238.
- Chua, A., DeLisle, R., Feng, S., Lee, B.S, (2015). Price-to-Earnings Ratios and Option Prices. Journal of Futures Markets, 35:8, 738-752.
- Blau, B., DeLisle, R., Price, M., (2015). Do Sophisticated Investors Interpret Earnings Conference Call Tone Differently than Investors at Large? Evidence from Short Sales. Journal of Corporate Finance, 31, 203-219.
- DeLisle, R., Morscheck, J., Nofsinger, J.R, (2014). Share repurchases and institutional supply. Journal of Corporate Finance, 27, 216–230.
- DeLisle, R., Price, S.M, Sirmans, C., (2013). Pricing of volatility risk in REITs. Journal of Real Estate Research, 35:2, 223–248.
- DeLisle, R., Doran, J.S, Peterson, D.R, (2010). Asymmetric pricing of implied systematic volatility in the cross-section of expected returns. Journal of Futures Markets, 31:1, 34-54.
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.
Teaching
FIN 5440 - Cases in Finance, Fall 2025
FIN 5440 - Cases in Finance, Fall 2025
FIN 3200 - Corporate Finance (QI), Fall 2025
FIN 3200 - Corporate Finance (QI), Fall 2025
FIN 5750 - Equity Investment Strategies, Spring 2025
FIN 3300 - Fundamentals of Finance II, Spring 2025
FIN 3300 - Fundamentals of Finance II, Spring 2025
FIN 4200 - Intermediate Corporate Finance, Spring 2025
FIN 4300 - International Finance, Spring 2025
FIN 4300 - International Finance, Spring 2025
FIN 5440 - Cases in Finance, Fall 2024
FIN 5440 - Cases in Finance, Fall 2024
FIN 3200 - Fundamentals of Finance I (QI), Fall 2024
FIN 3200 - Fundamentals of Finance I (QI), Fall 2024
FIN 5350 - Financial Modeling, Spring 2024
FIN 4200 - Intermediate Corporate Finance, Spring 2024
FIN 4300 - International Finance, Spring 2024
FIN 4300 - International Finance, Spring 2024
FIN 5440 - Cases in Finance, Fall 2023
FIN 5440 - Cases in Finance, Fall 2023
, Spring 2023
FIN 5440 - Cases in Finance, Spring 2023
FIN 4200 - Intermediate Corporate Finance, Spring 2023
FIN 4300 - International Finance, Spring 2023
FIN 4300 - International Finance, Spring 2023
FIN 5700 - Portfolio Management, Spring 2023
ACCT 6620 - Financial Statement Analysis and Valuation, Fall 2022
FIN 5440 - Cases in Finance, Spring 2022
FIN 3400 - Corporate Finance, Spring 2022
FIN 3400 - Corporate Finance, Spring 2022
ACCT 6620 - Financial Statement Analysis and Valuation, Fall 2021
FIN 3400 - Corporate Finance, Spring 2021
FIN 3400 - Corporate Finance, Spring 2021
FIN 3400 - Corporate Finance, Fall 2020
FIN 3400 - Corporate Finance, Fall 2020
ACCT 6620 - Financial Statement Analysis and Valuation, Fall 2020
FIN 3400 - Corporate Finance, Spring 2020
FIN 3400 - Corporate Finance, Spring 2020
FIN 3400 - Corporate Finance, Fall 2019
FIN 3400 - Corporate Finance, Fall 2019
ACCT 6620 - Financial Statement Analysis and Valuation, Fall 2019
FIN 3400 - Corporate Finance, Spring 2019
FIN 3400 - Corporate Finance, Spring 2019
FIN 3400 - Corporate Finance, Fall 2018
FIN 3400 - Corporate Finance, Fall 2018
FIN 3400 - Corporate Finance, Spring 2018
FIN 3400 - Corporate Finance, Spring 2018
FIN 3400 - Corporate Finance, Fall 2017
FIN 3400 - Corporate Finance, Fall 2017
FIN 6420 - Solving Financial Problems, Fall 2017
FIN 3400 - Corporate Finance, Spring 2017
FIN 3400 - Corporate Finance, Spring 2017
FIN 3400 - Corporate Finance, Spring 2017
FIN 3400 - Corporate Finance, Spring 2017
FIN 6420 - Solving Financial Problems, Fall 2016
FIN 3200 - Financial Management, Spring 2016
FIN 3200 - Financial Management, Spring 2016
FIN 3200 - Financial Management, Spring 2016
FIN 3400 - Corporate Finance, Fall 2015
FIN 3400 - Corporate Finance, Fall 2015
FIN 3400 - Corporate Finance, Fall 2015
FIN 4450 - Advanced Corporate Finance, Spring 2015
FIN 4450 - Advanced Corporate Finance, Spring 2015
FIN 3400 - Corporate Finance, Spring 2015
FIN 3400 - Corporate Finance, Spring 2015
FIN 4450 - Advanced Corporate Finance, Fall 2014
FIN 3400 - Corporate Finance, Fall 2014