Douglas Cumming

Source: Wikipedia, the free encyclopedia.

Douglas Cumming
Born1970 (age 53–54)
Winnipeg, Canada
OccupationFinancial economist
OrganizationFlorida Atlantic University
Parent
  • Gordon Cumming (father)

Douglas J. Cumming (born 1970)[1] is a Canadian financial economist. He is the DeSantis Distinguished Professor and chair of the finance department in the College of Business at Florida Atlantic University in the United States.

Early life and education

Cumming was born in

Winnipeg, Manitoba in 1970.[2] His father, Gordon Rosevear Cumming, was a cardiologist[3] and a member of the Manitoba Sports Hall of Fame.[4] He earned a bachelor's degree in economics and finance from McGill University in Montreal, a master's degree in economics from Queen's University in Kingston, Ontario, and a JD and a PhD in economics and finance from the University of Toronto.[2][5]

Career

Cumming was associate professor of finance in the School of Banking and Finance at the University of New South Wales in Sydney, Australia until 2005, when he was appointed director of the Severino Center for Technological Entrepreneurship at the Lally School of Management at Rensselaer Polytechnic Institute in Troy, New York.[2] He and his wife, Sofia Johan, were both subsequently employed by the Schulich School of Business at York University in Toronto, where Cumming was a full professor. In 2018, they moved to the College of Business at Florida Atlantic University, where Cumming was appointed the DeSantis Distinguished Professor of Finance and Entrepreneurship.[5][6] In 2022, he became chair of the department.[7]

Cumming has published extensively on venture capital, including a 2007 paper arguing that tax-subsidized government venture capital funds crowded out non-subsidized funds in Canada.[8] The tax credit was removed in Ontario in 2011 and federally in 2017.[9] Cumming is on the advisory committee for the National Crowdfunding and Fintech Association of Canada.[10]

Other published research by Cumming includes findings that more people are likely to start businesses in countries with liberal bankruptcy laws[11] and that a greater percentage of women on boards of directors is associated with less frequent and less severe fraud.[12]

Books

  • Cumming, Douglas J.; Johan, Sofia A. (2009). Venture Capital and Private Equity Contracting: An International Perspective. Burlington, Massachusetts: Academic Press / Elsevier. .
  • Cumming, Douglas J.; Johan, Sofia A. (2014) [2009]. Venture Capital and Private Equity Contracting: An International Perspective (2nd ed.). Waltham, Massachusetts: Elsevier Science Academic Press. .
  • Cumming, Douglas J.; Dai, Na; Johan, Sofia A. (2013). Hedge Fund Structure, Regulation, and Performance around the World. New York: Oxford University Press. .
  • Cumming, Douglas J.; Johan, Sofia A. (2019). Crowdfunding: Fundamental Cases, Facts, and Insights. London: Elsevier Science Academic Press. .

Awards and honors

In 2021, Cumming and his collaborators received the 2021 Helena Yli-Renko Research Impact Award, sponsored by the Lloyd Greif Center for Entrepreneurial Studies at the USC Marshall School of Business.[13]

In 2022, Cumming was listed by Clarivate as one of 92 most-cited scholars in the world in the area of business and economics.[14][15]

References

  1. ^ "Notice de personne: Cumming, Douglas (1970-....)". Catalogue général. Bibliothèque nationale de France. Retrieved April 14, 2023.
  2. ^ a b c "New Director of the Severino Center for Technological Entrepreneurship at the Lally School Announced". Rensselaer Polytechnic Institute News. August 23, 2005. Retrieved May 16, 2023.
  3. ^ "Dr. Gordon R. Cumming". Winnipeg Free Press. Retrieved January 3, 2023.
  4. ^ "Honoured Members Database". Manitoba Sports Hall of Fame. Retrieved January 3, 2023.
  5. ^ a b "Douglas Cumming". College of Business, Florida Atlantic University. Retrieved January 2, 2023.
  6. ^ "FAU Business Welcomes Douglas Cumming, Ph.D." College of Business, Florida Atlantic University. August 13, 2018. Retrieved April 15, 2023.
  7. ^ "Faculty Listing in the Department of Finance". College of Business, Florida Atlantic University. Retrieved January 3, 2023.
  8. ^ Cumming, Douglas J.; MacIntosh, Jeffrey G. (2006) [25 September 2002]. "Crowding Out Private Equity: Canadian Evidence". Journal of Business Venturing. 21: 569–609.
  9. ^ Canada Revenue Agency (September 21, 2005). "Labour-sponsored funds tax credit". www.canada.ca. Retrieved April 18, 2023.
  10. ^ "Douglas Cumming, Advisory Committee (Research and Innovation)". National Crowdfunding & Fintech Association of Canada. February 19, 2013. Retrieved January 3, 2023.
  11. ^ Surowiecki, James (March 31, 2008). "Going for Broke". The New Yorker. Retrieved May 9, 2023.
  12. ^ Tatlow, Didi Kirsten (April 4, 2014). "More Women on Company Boards Reduces Fraud, Study Finds". The New York Times (Sinosphere Blog). Retrieved May 9, 2023.
  13. ^ "Cumming Wins Crowdfunding Research Award from USC". College of Business, Florida Atlantic University. Retrieved April 18, 2023.
  14. ^ "Cumming Named to List of Distinguished Researchers". College of Business, Florida Atlantic University. Retrieved April 18, 2023.
  15. ^ "Panel Discussion: Crisis in Digital Currencies". Events Calendar. Western University. Retrieved April 18, 2023.

External links