Clifton Green joined Goizueta Business School in 1999 after completing his PhD at NYU where he taught 1998-1999. His research interests include investments and market microstructure, with an emphasis on behavioral finance. Clifton's research has been featured in the Wall Street Journal, Barrons, Financial Times, and on CNBC television.
At Goizueta, Clifton serves as the Finance PhD Coordinator and teaches the core Corporate Finance class in the BBA program and Behavioral Finance in the PhD program. He has also taught Security Analysis and Portfolio Management in the MBA program.
Areas of Expertise (3)
New York University: Ph.D., Finance 1999
University of Virginia: M.A., Economics 1994
Texas A&M University: B.S., Economics 1992
Media Appearances (7)
LUV your stock: Why ticker symbols matter
The “likability” and even the pronounceability of a ticker symbol (think: BRO, ACE, LOL) are positively related to a stock’s value.
Concentrated Funds: What Investors Should Know
Managers of concentrated funds have outperformed the main holdings in larger traditional funds because the stocks they bet on have outperformed those key holdings more the more broadly diversified fund group.
Emory Expert Offers Analysis On Stock Market, China Slowdown
“Growth is slowing in China,” Clifton Green, an associate professor of finance at Emory University’s Goizueta Business School, said during an interview on “A Closer Look.”...
Speed Traders Make Peanuts in Profits From Economic Data
Bloomberg Business online
“They’re not able to make a lot of money from exploiting slow investors following macroeconomic news,” Clifton Green, an associate professor of finance at Emory and one of three authors of the paper, said in a phone interview. “Concerns that they’re exploiting slow investors may be overstated.”...
Separating Alpha From Beta Is Best Done With CAPM
“Exotic beta is alpha,” the trio of researchers said when hedge fund allocators view capital deployment. Confusing the two, particularly in investments where measures of beta are hard to come by or often privately deployed, can be particularly challenging. “Although we find strong evidence of persistence for alpha, persistence in hedge fund returns attributable to traditional and exotic risk exposures is modest, which suggests investors would benefit from employing more sophisticated risk models when evaluating fund performance,” Vikas Agarwal and T. Clifton Green from Georgia State University and Honglin Ren from Emory University conclude...
Making the most of equity market anomalies
One such study, conducted in 2006 by Jeffrey A Busse, T Clifton Green and Klass Baks at the Emory University concluded that “…focused (ie concentrated) managers outperform their more broadly diversified counterparts by approximately 30 basis points per month, or roughly 4 per cent annualised”...
Surveys Give Big Investors an Early View From Analysts
The New York Times online
A 2004 study, titled “The Value of Client Access to Analyst Recommendations” and written by T. Clifton Green, a professor at Emory University’s business school, confirmed the profit potential. Responding rapidly to announcements of changes in stock recommendations gave brokerage firm clients average two-day returns of 1.02 percent and annualized gains of more than 30 percent, the study found...