Dr. James Cicon is an assistant professor of finance. His expertise with Big Data and internet technologies enables him to convert very large, unstructured, financial data sources into manageable relational databases. He uses technologies such as textual analysis, latent semantic analysis, latent dirichlet allocation, and support vector machines to extract informative content from these databases which he then uses to answer research questions in corporate finance, initial public offerings, corporate conference calls, corporate bylaws and charters, and codes of corporate governance.
Dr. Cicon publishes in journals such as the Journal of Financial Research, the Journal of Behavioral Finance, and the European Financial Management Journal.
Prior to returning to academia, Dr. Cicon worked in industry as a senior staff engineer, his experience in industry includes:
Corporate Finance and Governance: He participated in capital budgeting and assets allocation. He managed global cross-functional new-product development tasks.
Mergers and Acquisitions: He assisted in the Hewlett Packard/Compaq merger, the Danaher acquisition of Fluke, and the Fluke acquisition of Desknet.
New Venture and Entrepreneurship: He contributed to new ventures such as the HP/Kodak Joint Venture. He worked with multiple entrepreneurial startups including Locus Corporation and BioPhysics Inc.
During his service in the U.S. Army, regular army, Dr. Cicon operated live surveillance missions on Soviet Union activities. Dr. Cicon was an expert in in electronic warfare technologies. He worked in military intelligence and held a top secret SI clearance.
Ph.D. Financial Economics, Statistics and Econometrics, University of Missouri (2012)
Juris Doctorate in intellectual property and Corporate Finance, University of Missouri (2007)
MBA in Corporate Finance and Investments, University of Missouri (2007)
B.S. in Electrical and Computer Engineering, Brigham Young University (1990)
• International Finance• Portfolio Management and Protection• Financial Management• Corporate Finance• Finance Policy• Business Law
• IPOs• Mergers and Acquisitions• Financial Markets• Behavioral Finance• Analysis of Visual Emotive States• Computer Aided Textual Analysis• Computational Methods• Information Retrieval Systems
Publications & Projects
Refereed Journal Articles
Brockman, P., Cicon, J. E. (2013). The Information Content of Management Earnings Forecasts: An Analysis of Hard versus Soft. Journal of Financial Research, 36(2), 147-173.
Cicon, J. E., Clarke, J., Ferris, S., Jayaraman, N. (2013 in press). Managerial Expectations and the Performance of Acquiring Firms: The Contribution of Soft Data. Journal of Behavioral Finance
Cicon, J. E., Ferris, S. P., Kamel, A. J., Noronha, G. (2012). European Corporate Governance: a Thematic Analysis of National Codes of Governance. European Financial Management, 18(4), 620–648.
Brau, J., Cicon, J. E., McQueen, G. (under review) Soft strategic information and IPO underpricing. Journal of Behavioral Finance.
Brau, J., Cicon, J. E., Ferris, S. Fooled from the Start: Camouflaged Corporate Governance and IPOs.
Brau, J., Carpenter, T., Cicon, J. E., McQueen, G. REITs: The role of soft information in REITs pricing and performance.
Chance, D., Cicon, J. E., Ferris, S. Sorry Seems to be the Hardest Word: An Analysis of Corporate Blame Attribution.
Brockman, P., Cicon, J. E. (2010). In Greg N. Gregoriou (Ed.), The Impact of Hard versus Soft Information on Trading Volume: Evidence from Management Earnings Forecasts. The Handbook of Trading: Strategies for Navigating and Profiting from Currency, Bond, and Stock Markets.
Works in Progress
"Analyst conference calls and CEO sentiment"
"CEO emotive states and firm performance"
"CEO mental models and corporate governance"
"The impact of corporate values on International Firms"