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Karla Layne

Karla Layne

Administrative Support

    Business and Engineering Convergence Center 4142
    (309) 677-2296
   ksl@bradley.edu

 

Bradley University, Criminal Justice classes
Computer Based Office Skills, Quincy Technical School

Biography

Karla Layne has been employed at Bradley University since 1991. She provides Administrative Support to all areas of the Foster College of Business as needed, with a focus on the departments of Marketing, Economics, and Finance. Ms. Layne brings vast expertise to her role and participates in projects to continually improve the college. In coordination with the Dean’s Office, she helped develop online course evaluations in Sakai, transitioning away from a manual process. She also proposed and implemented the development of an orientation for part-time affiliate faculty to more fully integrate them into the Foster College. Ms. Layne is also a member of the Bradley Personnel Advisory Committee (PAC), whose mission is to be a conduit between non-exempt staff and the administration to increase awareness of University policies and procedures as well as serve as a resource for all non-exempt staff with a focus on new employees. She is married and has a son.

Teaching

  • Fin 220 Personal Finance
  • Fin 322 Business Finance
  • Fin 323 International Financial Management
  • Fin 325 Investments
  • Fin 327 Derivative Securities
  • Fin 426 Financial Research And Modeling
  • Fin 494 Financial Researches And Modeling
  • Fin 622 Financial Management

Scholarship

Published Manuscripts

  • Simulation of a Financial Market: The Possibility of Catastrophic Disequilibrium, Co-authored with Kelly Roos, Philip A Horvath, and Tyler Beason, Chaos, Solitons & Fractals, August 2019, v125, pp 13-16
  • Understanding Price Discovery in Interconnected Markets: Generalized Langevin Process Approach, Co-authored with Natalya A. Schenck and Philip A. Horvath, Physica A: Statistical Mechanics and its Applications, 2018, v491n1, 741-747
  • The Performance of Stock Portfolios formed using Fuzzy Logic, Co-authored with Andrew Jacob, Financial Statistical Journal, 2018, Volume 1, Number 2
  • The Real Miss-Specification In The Forward Rate Premium Puzzle, Co-authored with Philip A. Horvath and Robert C. Scott, Journal of Economics and Finance, July 2017, Volume 41, Issue 3, 463–473
  • Asymmetric Reaction is Rational Behavior, Co-authored with Philip A. Horvath, Journal of Economics and Finance, 2017, v41n1, 160-179
  • An Ising spin state explanation for financial asset allocation, Co-authored with Philip A. Horvath and Kelly Roos, Physica A: Statistical Mechanics and its Applications, v445 (2016), pp 112-116
  • Periodically Collapsing Bubbles in Industries, Co-authored with Megan Y. Sun, Advances in Investment Analysis and Portfolio Management, v6 (2014), pp 61-84
  • Is Hyperbolic Discounting Really Evidence Of Irrational Behavior?, Co-authored with Philip A. Horvath, Quantitative Finance, v13 (2013, No. 5), pp 665-770
  • Two Proxies for Shareholder Influence: A Case of Payout Policy, Co-Authored with Xiaoying (Cindy) Chen, and Xin Chen, Corporate Ownership and Control, v10 (2012, No. 1), pp 573-585
  • The Efficacy of Conditional Cost of Carry Models in Pricing Oil Futures, Co-authored with Eric Girard and Rita Biswas, Review of Futures Markets, v16 (2009-10, No. 3), 271-299
  • Bid-Ask Spread Determinants in Treasury Note Futures Contracts at the Chicago Board of Trade, Co-authored with Mark Holder, Journal of Financial and Economic Practice, (Fall 2009), 1-14
  • The Relationship between Information Flow and Energy Futures Volatility, Co-authored with Eric Girard and Rita Biswas, Review of Futures Markets, v16 (No. 3, 2008) 271-300
  • Long-run Performance following Quality Management Certification, Co-authored with Eurico Ferreira, and Dale Varble, Review of Quantitative Finance and Accounting, v30 (No. 1, 2008), pp 93-109
  • Risk and Return in the Next Frontier, Co-authored with Eric Girard, Journal of Emerging Market Finance, v7 (No. 1, 2008), pp 43-80
  • The Relative Importance of Global, Country and Sector Risks, Co-authored with Eric Girard and Eurico Ferreira, Advances in Financial Planning and Forecasting, v3 (2008), 93-125
  • Operating and Earnings Performance of Quality Certified Listed Firms, Co-authored with Eurico Ferreira, and Dale Varble, Journal of Business and Economics Research, v6 (No. 9, 2008), pp 1-14
  • Do Periodically Collapsing Bubbles In Latin American And Asian Emerging Markets Really Exist?, Co-authored with Eric Girard and Megan Sun, International Business and Economics Research Journal, v7 (No. 7, 2008), pp 87-94
  • Trading Room Educational Programs: Issues and Recommendations, Co-authored with Eurico Ferreira and Ronald Green, Journal of Business and Economics Research, v4 (No. 3, 2006), pp 59-68
  • Asset Choice and Time Diversification Benefits, Co-authored with Megan Sun, Journal of Business and Economics Research, v3 (No. 6, 2005), pp 23-34
  • Does Total Risk Matter? The Case of Emerging Markets, Co-authored with Eric Girard, Multinational Finance Journal, v10 (No. 1/2, 2006), pp 117–151
  • The Impact of Time Duration between Trades on the Price of Treasury Futures Contracts, Co-Authored with Mark Holder and Min Qi, The Journal of Futures Markets, v24 (No. 10, 2004), pp 965-980
  • The Euro and Capital Market Integration: Are We There Yet?, Co-Authored with Mark Holder and Jacobus Severiens, Managerial Finance, v27 (No. 9, 2001), pp 32-40

Recent Publications

2020

  • The Reliability of Geometric Brownian Motions Forecasts of S&P 500 Index Values, MBAA International Conference, Chicago, IL (Conference Cancelled due to Corona Virus)
  • A Perspective About Multi-Rationality Decision Making, MBAA International Conference, Chicago, IL (Conference Cancelled due to Corona Virus)

2019

  • AACSB Standards and You -- Faculty Perspective, Foster College of Business, Peoria, IL
  • The Reliability of Geometric Brownian Motions Forecasts of S&P 500 Index Values, Foster College of Business, Peoria, IL
  • Individual Choice of Utility: A Test of Hyperbolic Discounting, Co-authored with Amy Fairfield, MBAA International Conference, Chicago, IL
  • Geometric Brownian Motion: A New Look at Stock Price Prediction, MBAA International Conference, Chicago, IL
  • Tips for Promotion to Full Professor: Round Table Discussion, Presented with Rajesh Iyer, and Tanya Marcum, Foster College of Business, Peoria, IL

2018

  • Accounts Receivable, Accounts Payable And Supply Chain Bullies: A Markov Chain Liquidity Model, Co-Authored with Philip A. Horvath, 2018 MBAA International Conference, Chicago, IL

2017

  • Fuzzyfy to Simplify Stock Section Decision, Co-authored with Andrew Jacob, CBER Colloquium, Peoria, IL
  • Fuzzyfication: Stock Selection Decision Made Easy, Co-authored with Andrew Jacob, MBAA International Conference, Chicago, IL

2016

  • The Relevance of Extreme Moments and Their Preferences, Co-authored with Philip A. Horvath, Southern Finance Association, Sandestin, FL

2014

  • Embedded Variables: An Explanation for Apparent Predictability in Random Series, Co-authored with Philip A. Horvath and Robert C. Scott, Southern Finance Association, Key West Florida
  • Embedded Variables: An Explanation for Apparent Predictability in Random Series, Co-authored with Philip A. Horvath and Robert C. Scott, CBER Colloquium, Peoria, IL
  • Asymmetric Valence of Within-Moment Preferences, Co-authored with Philip A. Horvath, Eastern Finance Association, Pittsburg, PA<
  • Rational Investors and Asymmetric Valence of Within-Moment Preferences, Co-authored with Philip A. Horvath, International Mathematical Finance Conference, Miami, FL
  • Asymmetric Reaction is Rational Behavior, Co-authored with Philip A. Horvath, CBER Colloquium, Peoria, IL

Service

Editorial Board

  • Risks: Editorial Review Board Member
  • Journal of Financial Issues: Editorial Review Board Member
  • Financial Statistical Journal: Editor-in-Chief

Journals Reviewed

  • Energies
  • Economic Modeling
  • The Financial Review
  • Financial Statistical Journal
  • International Journal of Behavioural Accounting and Finance
  • The International Journal of Management Education
  • Journal of Economics
  • Journal of Financial Issues
  • Journal of Risk and Financial Management
  • Review of Futures Markets
  • Review of Quantitative Finance and Accounting
  • Risks
  • Sustainability

Committees/Responsibilities

  • Accreditation Coordinator
  • University Strategic Planning Committee
  • Student Scholarship Expo Faculty Advisory Board
  • Faculty Advisor to Student Groups