of Business Administration Kenneth M. Eades teaches First Year and Second Year
finance courses for the fulltime program. He also teaches MBAE and GEMBA
programs as well as several Executive Education programs.
research focuses on corporate finance issues including dividend policy, mergers
and acquisitions, investments, defined benefit pensions and pricing of
convertible securities. He is the author of more than 50 Darden cases and three
textbooks and has received both research and teaching awards. Eades has served
as the faculty representative on Darden's Alumni Board and as a member of
Darden's Board of Trustees. He has been head of the finance area since 1995 and
currently holds the interim title of Faculty Director of the Center for Asset
Eades joined the Darden faculty in 1988. He previously taught at Purdue
University, University of Michigan and
Role of Professors in Improving Financial Literacy,” co-authored with Jonathan
Fox, Arthur Keown and Michael Staten. Journal of Applied Finance, Volume 23,
No. 1, 2013, 138-144.
Practices in Estimating the Cost of Capital: Survey and Synthesis," with
Todd Brotherson, Robert Harris, and Robert Higgins, Journal of Applied Finance,
Volume 23, No. 1, 2013, 17-35.
Role of Professors in Improving Financial Literacy,” co-authored with Rosella
Bannister, Billy Hensley, Christine Kieffer and Michael Staten. Journal of
Applied Finance, Volume 22, No. 1, 2012, 186-194.
“A Test of the Relative Pricing Effects of
Dividends and Earnings: Evidence from Simultaneous Announcements in Japan,”
with Robert Conroy and Robert Harris, The Journal of Finance, June 2000,
1199-1227. (Nominated for best corporate finance paper).
Case Studies in Finance, 7th Edition with Robert Bruner and Michael Schill, McGraw-Hill/Irwin, New York, 2010. [YOUTUBE: Meet the authors]
The Portable MBA, 5th Edition with Timothy Laseter, Ian Skurnik, Peter Rodriguez, Lynn Isabella, and Paul Simko. John Wiley & Sons, New Jersey, 2010.
Case Studies in Financial Decision Making, 3rd Edition with Diana Harrington, Hinsdale, Ill: Dryden Press, 1994.
Finance Interactive, with Robert Bruner and Robert Harris, Graduate Management Admission Council and McGraw Hill/Irwin Publishing, 2001 (Revised 2010 as GMAC product.)
Returns-based Style Analysis to Defined Benefit Pension Funds,” co-authored
with Joanne Doyle and Brooks Marshall, July 2013.
Capital Structure Management
Defined Benefit Pensions
Mergers and Acquisitions
First Year Finance
Corporate Financial Policies
Corporate Financial Policies (FIN 8423)
Policies (CFP) extends the corporate finance topics that were introduced in
First-Year Finance and then enhanced in the Valuation course. The viewpoint of the course is predominantly
that of the chief executive office, chief financial officer and treasurer of a
corporation. The objective of the course
is to become familiar with the various aspects normally attributed to a CFO’s
job. Topics include: hedging, enterprise
risk management, bankruptcy, resource allocation, dividend policy, raising
external funds, determination of the cost of capital, evaluating investment
opportunities and investor relations.
First Year Finance (FMP)
FMP Syllabus Q2 2013 (TBA)
FMP Syllabus Q3 2013 (TBA)
- AutoZone, Inc. (share repurchases) (UVA-F-1672)
- Aurora Textiles (capital investment) (UVA-F-1536)
- Delphi Corporation (bankruptcy) (UVA-F-1617)
- Genzyme and Relational Investors (activist investor) (UVA-F-1660) (with Pedro Matos)
- Hershey Corporation (governance/merger) (UVA-F-1409)
- Horizon Lines (bankruptcy) (UVA-F-1668)
- J&L Railroad (hedging with derivatives) (UVA-F-1053)
- Target Corporation (capital budgeting) (UVA-F-1563)
- The Timken Company (corporate acquisition) (UVA-F-1472)
- University of Virginia Health System: The Long-term Acute Care Hospital Project (capital investment) (UVA-F-1676)
- Worldwide Paper
Company (capital investment) (UVA-F-1372)
Darden faculty and administration highlight some of the ways they incorporate business ethics into their specialty areas across the Darden enterprise and not just in the core ethics classes. In this video, we hear from Professor Kenneth Eades of Darden's Finance faculty.