Staff profile

Richard Skolnik

Professor, Finance


Contact

212 Rich Hall
315.312.2492
richard.skolnik@oswego.edu

Office hours

Fall 2024:
Monday, Wednesday, Friday 8:45-10:00am
Wednesday, Friday 12:30-12:50 pm
or by appointment: richard.skolnik@oswego.edu
https://calendar.app.google/FocDTmSVfAxzVYPu6

Dr. Skolnik received his Ph.D. from Rensselaer Polytechnic Institute and is a Chartered Financial Analyst.

Dr. Skolnik served as the SUNY Oswego MBA Director, Accounting, Finance, and Law Department chair, and Interim Dean. He was also Dean of the School of Business from 2008 to 2019. He is the School of Business CFA liaison and teaches corporate finance. He has volunteered for the CFA Institute in numerous capacities since 1997.

 

Research

Research Interests

Dr. Skolnik conducts research on corporate finance and investments.

Specialty Areas:

  • Corporate governance
  • Investments
  • Regulation Impact
  • Financial pedagogy

Publications

Wu, X., Hao, M., Wu, D., & Skolnik, R. (2024). The Impact of Confucian Culture on Corporate Environmental Governance. International Journal of Finance & Banking Studies (2147-4486), 13(2), 14–28. https://doi.org/10.20525/ijfbs.v13i2.3427

Riaz, Asghar, Skolnik, Richard, & Shah, Syed Zulfiqar Ali (2024). The Moderating Role of Financial Self-Efficacy in the Relationship between Emotional Intelligence and Financial Effectiveness. Journal of Innovative Research in Management Sciences, 5(1), 20-33. https://doi.org/10.62270/jirms.v5i1.55

Wu, Xiancong, Skolnik, Richard, Luo, Hongxiu (2022). The Market  Impact of  New  Auditing  Standards in China. Journal of Finance & Banking Studies, 11(1), 53-68. https://doi.org/10.20525/ijfbs.v11i1.1544

Rodgers, Mary Tone, Kathleen Locklear, and Richard Skolnik (2021). A Commercial Banking Lending Decision Involving Environmental Risks: A Case Study.  Journal of Business Cases and Applications, 32: 1-20. https://www.aabri.com/manuscripts/213412.pdf

Zhang, Hui, Skolnik, Richard, Wu, Jinpei and Han, Yu (2020) The Impacts of China's Shadow Banking Credit Creation on the Effectiveness of Monetary Policy. International Journal of Finance & Banking Studies, 9(4), 33-46. https://orcid.org/0000-0002-6307-2517

Wu, Xiancong, Wan, Hong, and Skolnik, Richard (2020) Institutional Investors and Blockholder Tunneling in China: The Impact of Firm Characteristics and Institutional Investor Centrality. International Review of Accounting, Banking and Finance 12(2), 35-55.

Abraham, Steve, Barry Friedman, Raihan Khan, and Richard Skolnik. (2008). Corporate Reputation, Stock Price and the Efficient Market Hypothesis. Corporate Reputation Review, 11(4): 308-319.

Skolnik, Richard and Mia Puzo (2008) The Utilization of Laptop Computers in the School of Business Classroom. The Academy of Educational Leadership Journal, 12(2): 1-11.

Skolnik, Richard (2007). The Impact of Inventory Reductions on Cash Balances. The Journal of the American Academy of Business, 11(2): 17-22.

Skolnik, Gurdeep and Richard Skolnik (2003). “Malaysia” chapter in Desai, Manisha (ed.) Women’s Issues in Asia and the Pacific Region.  Westport, CT: Greenwood Press.

Skolnik, Richard (2002). Operating Return Trends. New York Economic Review, Fall: 42-51.      

Skolnik, Richard (2001). Discount Retail Profitability: A Harbinger for E-Commerce? The Journal of Business Strategies. 18(2) 45-53.

Skolnik, Richard (2001). Calculating Portfolio Returns: An Integrated Case Study.  Journal of the International Academy of Case Studies, 7(3): 65-70.

Skolnik, Richard (2000). Product Differentiation and Cost Leadership: Their Effect upon Profit Margin and Asset Turnover. New York Economic Review, Fall: 6-13.              

Skolnik, Richard (1997) An Economic Framework to Analyze Physical Depreciation and Product Replacement. The Journal of Business and Economic Research, 1: 1-8.

Skolnik, Richard (1987). The Effect of Phosphate Detergent Bans on Consumer Clothing Expenditures. Journal of Consumer Studies and Home Economics, 11: 237-249.

Conferences

“The Role of Business Schools in an ESG Framework,” Invited Presentation, 7th International Applied Business Research Conference, International Islamic University, Islamabad, Pakistan, October 12, 2022

 “Commercial Banking Lending Decision Involving Environmental Risks: A Case Study,” with Mary Rodgers and Kathleen Locklear, Business Research Consortium Conference, April 24, 2021.

 “The Impacts of China’s Shadow Banking Credit Creation on the Effectiveness of

Monetary Policy,” with Hui Zhang, Jinpei Wu and Yu Han, Business Research Consortium Conference, April 25, 2020.

 "Lifelong Learning", with Echambadi, Raj., 2019 AACSB Deans Meeting, AACSB, Vancouver, Canada, February 11, 2019.

 “Skolnik, Richard (2011). “Report on SUNY Oswego,” CNY Business Exchange, Spring: 58-59.

 “The Use of an Angel Community Group to Facilitate Faculty Research and Increase Committee Productivity,” with Barry Friedman, Conference on Instructional Technology (CIT), Oswego, NY, May 20, 2009.

 “An Example of Cross Collaboration: Arts and Sciences, School of Business and the School of Education join with Community and Business,” with Marcia Burrell, Thomas Schnieder, and Eric Tsai, Poster Presentation, Symposium on Learning and Teaching, SUNY Oswego, Oswego, NY, September 26, 2007.

 “Business and the Arts,” with Ann Edwards-Giumarra, Poster Presentation, Symposium on Learning and Teaching, SUNY Oswego, Oswego, NY, September 29, 2006.

  “Experiences with Laptops Computers in the Classroom,” with Mia Puzo, annual CIT Conference, Fredonia, NY, June 2, 2006.

 “The Effects of Inventory Reductions upon Asset Requirements,” annual conference of the Business Research Consortium of Western New York, April 29, 2006.

 “Inflation, Investment and Asset Intensity,” Annual Meeting of the New York State Economic Association, Federal Reserve Bank of New York, October 10, 2003.

 “Enhancing Technological Skills through Case Studies,” Northeast Regional Conference on Excellence in Learning and Teaching, Oswego, NY, April 2002.

 "Asset Intensity and Labor's Share of National Income," Proceedings of the Midwest Business Economics Association, Chicago, February 2002, 72-80.

“Operating Return Trends,” Annual Meeting of the New York State Economic Association, Buffalo, October 2001.

 “Strategic Policy, Profit Margin and Asset Turnover,” Annual Meeting of the Midwest Business Economics Association, Chicago, March 2001.

 “Innovations in the Retail Industry: The Treadmill Revisited?” Annual Meeting of the American Academy of Accounting and Finance, New Orleans, November 2000.

 “A Linear Programming Model for Strategic Business Decisions,” with Eleanor Henry and Steve Luxmore, Annual Meeting of the American Academy of Accounting and Finance, New Orleans, November 2000.

 “The Emperor’s New Degree,” with Daryl Close, INFORMS, Philadelphia, November 1999.

 “Foreign Exchange Hedging in Kazakhstan,” with V. Ivanov, Midwest Business Economics Association Meeting, Chicago, March 1999.

 “An Evaluation of Soros Sponsored Faculty Development in Kazakhstan,” Midwest Business Economics Association Meeting, Chicago, March 1999.

 “Valuation Using a Continuous Franchise Erosion Model,” Midwest Business Economics Association Meeting, Chicago, March 1999.

 “College Structure and Faculty Outcomes,” Midwest Business Economics Association Meeting, Chicago, March 1998.

Education

Ph.D. ,  Managerial Economics, Rensselaer Polytechnic Institute, 1987
MS,  Operations Research & Statistics, Rensselaer Polytechnic Institute, 1982
BSE, Computer Engineering, cum laude, University of Michigan, 1981
BSE, Electrical Engineering, cum laude University of Michigan 1980

Classes taught

Fall 2024:
FIN 325 - Corporate Finance