Dr. Richard Borghesi

Dr. Richard Borghesi USFSM

Title: Professor

CV: View CV

Phone: 941-359-4524

Email: borghesi@usf.edu

Office: C220

Area of Interest: Corporate Finance, Sports Finance, and Prediction Markets

Dr. Borghesi earned a PhD in finance from the University of Florida in 2004 and an MBA from Loyola University Chicago in 1995. His research interests include corporate finance, corruption, market efficiency, sports betting, and prediction markets, and he has published in the Journal of Corporate Finance, International Journal of Hospitality Management, Financial Management, Southern Economic Journal, Journal of Sports Economics, International Review of Finance, Finance Research Letters, Journal of Economics and Business, Journal of Economics and Finance, Applied Financial Economics, Applied Economics, and The Journal of Prediction Markets. 

Dr. Borghesi has taught corporate finance, finance information technology, case problems in finance, efficiency of financial markets and behavioral finance. Dr. Borghesi founded Rick’s Research Café at USF Sarasota-Manatee in 2008. A monthly seminar series, Rick’s Research Café gives USFSM faculty an opportunity to present their unfinished research projects. The goal is to facilitate constructive feedback from cross-disciplinary peers to help the author improve the quality of his/her work prior to publication. If you would like to present your research in this forum, please email Dr. Borghesi.

Research

Borghesi, Richard and Kiyoung Chang. Political Affiliation and Pay Slice: Do Blue CEOs Accept Less Green? International Review of Finance, forthcoming.

Borghesi, Richard, 2018.  Employee Political Affiliation as a Driver of Corporate Social Responsibility Intensity, Applied Economics 50(19), 2117-2132.

Borghesi, Richard, 2018.  The Financial and Competitive Value of NCAA Basketball Recruits, Journal of Sports Economics 19(1), 31-49.

Borghesi, Richard, 2017.  Liquidity, Overpricing, and the Tactics of Informed Traders, Journal of Economics and Finance 41(4), 701-713.

Borghesi, Richard, 2017. Pay for Play: The Financial Value of NCAA Football Players, Applied Economics, 49(46), 4657-4667.

Borghesi, Richard, Kiyoung Chang, and Jamshid Mehran, 2016. Simultaneous Board and CEO Diversity: Does it Increase Firm Value?, Applied Economics Letters 23(1), pp. 23-26.

Borghesi, Richard, 2015. A Case Study in Sports Law Analytics: The Debate on Widespread Point Shaving, Journal of Sports Analytics 1(1), pp. 87-89.

Borghesi, Richard, 2015. Informed Traders and Balanced Books, The Journal of Prediction Markets 9(2), 32-42.

Borghesi, Richard and Kiyoung Chang, 2015. The Determinants of Effective Corporate Lobbying, Journal of Economics and Finance 39(3), 606-624.

Borghesi, Richard, Katerina Annaraud, and Dipendra Singh, 2015. Are Hospitality Industry IPO Stock Returns Predictable?, International Journal of Hospitality Management 44, 23-27.

Borghesi, Richard, Joel Houston, and Andy Naranjo, 2014. Corporate Socially Responsible Investments: CEO Altruism, Reputation, and Shareholder Interests, Journal of Corporate Finance 26, 164-181.

Borghesi, Richard, 2014. The Impact of the Disposition Effect on Asset Prices: Insight from the NBA, Journal of Economics and Finance 38(4), 698-711.

Rodenberg, Ryan, Brian Tuohy, Richard Borghesi, Katarina Pijetlovic, and Sean Patrick Griffin, 2013. Corruption and Manipulation in Sports: Interdisciplinary Perspectives, Gaming Law Review and Economics 17(3), 175-187.

Borghesi, Richard and Tom Pencek, 2013. Predicting First-Year Returns of Health Care IPOs, The Journal of Applied Business Research 29(3), 877-884.

Borghesi, Richard, 2013. Can Prediction Markets Mitigate Price Biases?, The Journal of Prediction Markets 7(1), 1-12.

Borghesi, Richard, 2012. The Implications of an RFL Bias in a Prediction Market, The Journal of Prediction Markets 6(2), 12-21.

Borghesi, Richard and Tom Pencek, 2011. The Value of SmartMoney’s Stock Recommendations, Applied Economics Letters 18(10), 949-953.

Borghesi, Richard and Tom Pencek, 2010. The (Non)Performance of Kiplinger’s Expert Recommendations, The Journal of Applied Business Research 26(4), 47-54.

Borghesi, Richard, Rodney Paul, and Andrew Weinbach, 2010. Totals Markets as Evidence Against Widespread Point Shaving, The Journal of Prediction Markets 4(2), 15-22.

Borghesi, Richard, Rodney Paul, and Andrew Weinbach, 2009. Market Frictions and Overpriced Favorites: Evidence from Arena Football, Applied Economics Letters 16(9), 903-906.

Borghesi, Richard and William Dare, 2009. A Test of the Widespread-Point-Shaving Theory, Finance Research Letters 6(3), 115-121.

Borghesi, Richard, 2009. The Effect of Contract Structure on Prediction Market Price Biases, The Journal of Prediction Markets 3(3), 1-12.

Paul, Rodney, Andrew Weinbach, Richard Borghesi, and Mark Wilson, 2009. Using Betting Market Odds to Measure the Uncertainty of Outcome in Major League Baseball, International Journal of Sport Finance 4(4), 255-263.

Borghesi, Richard, 2009. An Examination of Prediction Market Efficiency: NBA Contracts on Tradesports, The Journal of Prediction Markets 3(2), 65-77.

Borghesi, Richard, 2008. Widespread Corruption in Sports Gambling: Fact or Fiction?, Southern Economic Journal 74(4), 1063-1069.

Borghesi, Richard, 2008. Allocation of Scarce Financial Resources: Insight from the NFL Salary Cap, Journal of Economics and Business 60(6), 536-550.

Borghesi, Richard, 2008. Weather Biases in the NFL Totals Market, Applied Financial Economics 18(12), 947-953.

Baryla, Edward, Richard Borghesi, William Dare, and Steven Dennis, 2007. Learning, Price Formation and the Early Season Bias in the NBA, Finance Research Letters 4(3), 155-164.

Borghesi, Richard, 2007. The Late-Season Bias: Explaining the NFL’s Home Underdog Effect, Applied Economics 39(15), 1889-1903.

Borghesi, Richard, 2007. The Home Team Weather Advantage and Biases in the NFL Betting Market, Journal of Economics and Business 59(4), 340-354.

Borghesi, Richard, 2007. Price Biases in a Prediction Market: NFL Contracts on Tradesports, The Journal of Prediction Markets 1(3), 233-253.

Borghesi, Richard, Joel Houston, and Andy Naranjo, 2007. Value, Survival, and the Evolution of Firm Organizational Structure, Financial Management 36(3), 5-31.