CBE Professor Ranks 12th Worldwide in Scholarly Contributions to Real Estate

S. McKay Price, associate professor in the Perella Department of Finance at Lehigh, ranked 12th worldwide for his scholarly contributions to the field of real estate from 2012-2016.

The Real Estate Academic Leadership (REAL) rankings are based on the number of contributions in the top peer-reviewed research journals in the real estate discipline, namely the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research and Real Estate Economics.

Price had eight articles in the publications.

It was the second release of REAL rankings for authors and institutions. Price, whose research interests are real estate and finance, moved up 19 spots from the inaugural 2011-2015 REAL rankings.

"We are proud to have such a prolific and respected real estate scholar on our faculty," said Georgette Chapman Phillips, the Kevin L. and Lisa A. Clayton Dean of the College of Business and Economics.

Price joined the Perella Department of Finance in 2010 as the Collins-Goodman Fellow in Real Estate Finance. He currently teaches classes in real estate finance and real estate value creation. He has also taught classes in financial markets and institutions as well as corporate finance. He has won several teaching awards, multiple research awards, and regularly presents research at national and international conferences. While on sabbatical this fall, Price will be a Visiting Research Associate at the University of Cambridge.

Among his publications are the following:

  • Depreciation-Related Capital Gains, Differential Tax Rates, and the Market Value of Real Estate Investment Trusts
  • Do Investors Infer Vocal Cues from CEOs During Quarterly REIT Conference Calls?
  • Determinants of Foreign versus Domestic Real Estate Investment: Property Level Evidence from Listed Real Estate Investment Firms
  • Governance, Conference Calls and CEO Compensation
  • The Relation between Momentum and Drift: Industry-Level Evidence from Equity Real Estate Investment Trusts (REITs)
  • Pricing of Volatility Risk in REITs
  • Earnings Conference Call Content and Stock Price: The Case of REITs
  • Information Uncertainty and the Post-Earnings-Announcement Drift Anomaly: Insights from REITs

Related Stories

Students at Kente ceremony

Celebrating 10 Years of BALANCE

Lehigh’s Black and Latinx Alumni Network for Community and Equity marks milestone and builds on past success.

2019 Scholarship Celebration

Annual Scholarship Celebration Features Compelling Stories of Paying it Forward

Donors and scholarship recipients forge bonds through their love of Lehigh.

Tri-Alpha Inductees

Lehigh Students, Alumni Among Inductees into First-Generation Honor Society

The inaugural ceremony of Tri-Alpha Honor Society was held April 3 on campus.