Lee Biggerstaff

Armco Alumni Professor & Associate Professor



Academic Background

  • Ph.D. University of Tennessee, Finance, 2014
  • M.B.A Appalachian State University, 2007
  • B.S. Appalachian State University, 2005

Academic & Professional Experience

  • Assistant Professor, Department of Finance, Miami University (2014-present)
  • Research Assistant, Department of Finance, University of Tennessee (2010-2014)
  • Senior Associate, Mesirow Financial Consulting (2007-2010)

Recent Publications

  • Biggerstaff, L., Cicero, D., Wintoki, B., "Insider Trading Patterns", Journal of Corporate Finance, 2020.
  • Biggerstaff, L., Cicero, D., Goldie, B., Reid, L., "CFO Effort and Public Firms'™ Financial Information Environment", Contemporary Accounting Research, 2020.
  • Biggerstaff, L., Moser, W., "The Reaction of Firm Ex Ante Cost of Equity Capital to Initiation and Resolution of Shareholder Lawsuits", Journal of Accounting and Public Policy, 2019.
  • Biggerstaff, L., Blank, B., Goldie, B., "Do Incentives Work? Option Compensation and Innovation", Journal of Corporate Finance, 2019.
  • Biggerstaff, L., Cicero, D., Puckett, A., "FORE! An analysis of CEO shirking", Management Science, 2017.
  • Biggerstaff, L., Cicero, D., Puckett, A., "Suspect CEOs, Unethical Culture, and Corporate Misbehavior", Journal of Financial Economics, 2015.

Honors & Awards

  • University of Tennessee Citation for Extraordinary Professional Promise, 2012 Semi-Finalist – Best Paper in Corporate Finance – FMA annual meeting, 2012

Professional Interests

  • Research: Corporate Finance, Corporate Governance, Insider Trading, Executive Compensation
  • Teaching: Corporate Finance, Corporate Governance


Lee Biggerstaff joined the Farmer School of Business in 2014 after completing his Ph.D. at the University of Tennessee. His research focuses on the importance of executives on corporate outcomes and his work has been published in Journal of Financial Economics, Management Science, and Journal of Corporate Finance.


  • SPRING 2023
  • FIN 331 A MW 10:05-11:25AM, FSB 0027
  • FIN 331 B MW 11:40AM-1:00PM, FSB 0032
  • FIN 331 C MW 1:15-2:35PM, FSB 0027
Lee Biggerstaff

Contact Information

Office Hours

  • T 10:30 - 11:45am
  • W 3:30 - 4:45pm


* Accessible version of PDF available upon request.