Grace Professor Wins A Major Paper At Global Meeting

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Dr. Ken McEwan&#13

WINONA LAKE – Assistant Professor of Finance at Grace School Dr. Ken McEwan just lately offered his analysis paper, “Financial Impact of Making use of EUR Get in touch with Choices to Hedge Accounts Receivables,” at the yearly Intercontinental Meeting on Enterprise and Financial Enhancement hosted by the Centre for Business enterprise & Economic Investigate (CBER).

The paper gained second place out of 80 papers submitted from authors about the world. It was picked primarily based on originality, adherence to study conventions and scientific rigor, in accordance to a news launch from Grace College.

“The School of Business is psyched about Dr. McEwan’s recognition from the CBER,” claimed Dr. Jeffrey Fawcett, dean of the Faculty of Business enterprise at Grace Higher education. “It is always a reward when really hard get the job done and excellence are identified by other professionals in your discipline of exploration.”

The CBER was established in London with the intention of inspiring, recognizing and supporting excellence in enterprise and financial research. This calendar year, the convention experienced more than 600 members from extra than 25 international locations and much more than 70 presentations over a few days. In addition to his presentation, McEwan served as session chair for the Finance, Accounting & Organizational Structure session.

McEwan’s paper and presentation were primarily based on a part of his doctoral dissertation for his Physician of Small business Administration from Liberty University. His last protection was accredited in July 2020.

“I picked the dissertation matter based mostly on my fascination in currency selections and in the exchange rate marketplace,” stated McEwan. “For the investigation research, I used 10 decades of real possibility prices and 13 many years of Euro and U.S. Dollar forex information. The investigate demonstrates that the variability of the EUR/USD trade amount around 60 times is important adequate to contemplate a hedging strategy.  Moreover, making use of EUR forex selections to hedge the exchange amount chance will easy out dollars movement and profits with a expense of a lot less than 1%.”

McEwan’s investigation is knowledgeable by his 32-year finance occupation with a world aerospace company. His corporate encounter consists of roles as finance director, vice president of finance and controller. His assignments have included analyzing mergers and acquisitions, acquiring tactical ideas just after the Sept. 11 terrorists’ assaults and executing money methods for lengthy-time period development and profitability.

McEwan has taught a range of undergraduate and graduate courses including finance, accounting and worldwide business enterprise. He has worked in the Grace College or university University of Enterprise for the earlier eight a long time.

For extra details about the Grace College or university Faculty of Business, check out www.grace.edu/lecturers/undergraduate/tutorial-schools-departments/faculty-of-enterprise/.