Faculty of Business and Law

Name: Position: School/Unit: Telephone: Room: E-mail:

Stephen Easton Professor  BusMgt +61-2-492 15040 SRS217 (Callaghan) Steve.Easton@newcastle.edu.au

Biography

Steve Easton is Foundation Professor of Finance, and Assistant Dean (Academic) of the Faculty of Business and Law at the University of Newcastle, where he has previously served as Head of the Department of Accounting and Finance and Dean of the Faculty of Economics and Commerce. He received his Master of Economics and PhD from Monash University. He is a Fellow of both CPA Australia and the Financial Services Institute of Australasia.

His research work has been accepted for publication in a wide range of journals including the Journal of Futures Markets, Economica, and the Journal of Banking and Finance. He currently serves on the editorial boards of Accounting and Finance, the Accounting Research Journal, and the Australian Accounting Review. His current research interests are in derivative securities and corporate governance. He is also co-author of Business Finance (9^th Edition).

He has taught at the University of Adelaide, Lancaster University and Monash University, and has taught all major topics in finance as well as across some areas of financial accounting.   He has also undertaken consulting work for a range of private and public sector organisations, including the Australian Competition and Consumer Commission, Australia Post, CPA Australia, Coles Myer Ltd., Deloitte Ross Tohmatsu, Macquarie Generation, State Forests of New South Wales and the Tasmanian Chamber of Commerce and Industry.

Recent Publications (2001 - present)

EASTON, S. and UYLANGCO, K. 'An Examination of In-Play Sports Betting Markets Using One-Day Cricket Matches',
Journal of Prediction Markets, May 2007.

EASTON, S. 'Valuing Coins as the Sum of the Underlying Asset and a Perpetual American Put Option',
Global Finance Journal, March 2007: 397 - 402.

EASTON, S. and IVANOVIC, I. 'An Examination of the Australian Stock Exchange and Australian Financial Review’s Fair Values' ,
International Journal of Managerial Finance, (forthcoming). 

EASTON, S. and PINDER, S.M. 'Predicting Reserve Bank of Australia Interest Rate Announcements using the 30-Day Interbank Cash Rate Futures Contract; Beware of the Target Rate Tracker',
Australian Economic Review, 40(1): March 2007: 119 -122.

EASTON, S. and GERLACH, R. 'Modelling Exchange-Traded Barrier Options traded in the Australian Options Market',
Accounting and Finance, 40(1): March 2007: 109 - 122.

EASTON, S. 'Sons of Gwalia: Errors in Speculation and Hedging',
Australian Economic Review, 39(4): December 2006: 453 - 456.

EASTON, S. and GERLACH, R. 'Interest Rates and the 2004 Australian Election',
Australian Journal of Political Science, 40 (4): December 2005: 559-566.

EASTON, S. and HOWARD, P.F. 'Agency Costs at Telstra: A Case Study',
Australian Economic Review, 38(2): June 2005: 229-232.

EASTON, S., GERLACH, R., GRAHAM, M. and TUYL, F. 'An Empirical Examination of the Pricing of Exchange-Traded Barrier Options',
Journal of Futures Markets, 24(11): 2004: 1049 - 1064.

EASTON, S. and IVANOVIC, I. 'Insider Trading and Options: A Case Study',
Accounting Research Journal, 16(2): 2003: 169-173.

EASTON, S. and DUNCAN, P. 'Direct Evidence of an Implicit Put Option Provided by Underwriters',
Accounting Research Journal, 15(2): 2002: 200 - 206.

EASTON, S. and DUNCAN, P. 'The Pricing of High Yield Equity Notes',
Accounting and Finance, 42(3): November 2002: 239 - 249.

EASTON, S., MITCHELL, H. and BROWN, R.L. 'Old Volatility -ARCH Effects in 19th Century Consol Data',
Applied Financial Economics, 12(4): April 2002: 301 - 307.

EASTON, S. 'Learning from the Olympics: A Case Study in Option Strategies',
Accounting Research Journal, 14(2): 2001: 200 - 203.