Donald R. KummerDonald R. Kummer
Associate Professor of Finance

Degrees Held:
Ph.D. in Finance, University of Oregon, 1975 Finance & Applied Economics, University of California-Berkeley, 1971
B.S. in Business, California Polytechnic University, 1969


Teaching: Research:
  • Areas: Institutional Investing, Genetic Algorithms, Nonlinearity in Financial Markets
  • Selected Significant Publications:
    • Kummer, D. & Eyssell, T., "Signalling, Insider Trading and Post Offering Performance: The Case of IPO's," Journal of Applied Business, 1992.
    • Kummer, D., Arshadi, N. & Lawrence, E., "Incentive Problems in Bank Insider Borrowing," Journal of Financial Services Research, 1989, 17-31.
    • Kummer, D., Arshadi, N. & Lawrence, E., "Inside Borrowing Practices of Commercial Banks," Issues in Bank Regulation, Fall 1987.
Other Information:

Association Memberships:
Financial Management Association,
Financial Management Association,
Western Finance Association
Department Chair of Finance Area, 1983-1994
Coordinator for the UMSL Bank Data Base 1987 - present

Director of Business Graduate Studies 1996-1999
Finance Department Chair: 1985-1994