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last up-dated: 9th
November, 2005
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Background
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Dr. Clarence C. Rose
Professor of Finance,
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Academic
Qualifications
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Teaching/Research Interest
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Contact details
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Publications
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Professional
Presentations
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Awards & Activities
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Background
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Since I joined the Business Faculty at Radford University, my major
teaching responsibilities have been in the areas of finance, insurance and
real estate. I also served as the
Director of the MBA Program for a total of 15 years and I served as
Chairman of the Department of Finance for a three year time period. I
helped to establish the Financial Management Association at Radford
University and also, the Student Managed Investment Portfolio Organization
(SMIPO). I serve as the faculty
advisor to these student organizations.
Our SMIPO students invest and manage a portfolio of over $300,000
provided by the RU Foundation.
Family
My wife, Jean, and I live in Radford. We have a married daughter, Jennifer,
who lives in Mt. Airy, North Carolina and our son, Don, lives in Radford.
Hobbies
In my spare time, I enjoy sports.
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Academic Qualifications
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Virginia Polytechnic
Institute and State University, Blacksburg, Virginia.
Degree: Ph.D. in Public Administration and Public Affairs.
(Area of
Specialty: Financial Administration)
Dissertation
Title: "The Viewed Importance of Certain Tax Incentives in Business
Investment Decision Making".
Central Michigan University, Mt. Pleasant, Michigan
Degree: Master of Business Administration
Ferris State University, Big Rapids, Michigan
Degree: Bachelor of Science in Business Administration
Associate in Arts
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Teaching and Research Areas
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My primary areas of teaching
are real estate, real estate finance, insurance, personal finance, and
business finance.
My research and publication interests are primarily in personal financial
planning, real estate finance and Investment and Investment strategies. I
am fortunate in having many national publications during my time at Radford
University and have been quoted in Money Magazine, The Wall Street Journal,
Mutual Funds Magazine, Elle Magazine, The Chicago Tribune and other national
publications.
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Contact details
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Department of
Accounting, Finance and Business Law
College of Business and
Economics
Radford, Virginia 24142-6951
Tel: (540) 831-5185
E-mail: crose@radford.edu
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Publications
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Published Articles
“The Effective
Use of Reverse Mortgages in Retirement”, Journal of Financial Service
Professionals, July, 2009, pp. 67-74.
“Portfolio
Rebalancing to Overcome Behavioral Mistakes in Investing” Journal of Behavioral
Studies in Business, November, 2008, pp. 1- 10, with Steven L. Beach.
(www.aabri.com)
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“An
Examination of Delaying Social Security Retirement Benefits,”
Journal of Financial Service Professionals, May, 2008, pp. 65-72 (local link),
“Long
Term Buys and Hold Versus Monthly Rebalancing,
Journal of Applied Financial Research, Volume 1, Fall, 2007 pp. 1-15, with
Steven L. Beach (local link)
“Social
Security Spousal Benefit Considerations in Early Retirement,
&8200; Journal of Financial Service Professionals, May,2007 pp. 48-57.
(local link)
“Using
the New Tenancy in Common Interests in Section 1031 Real Estate Exchanges,”
Journal of Financial Service Professionals, May, 2006, pp. 68-75. (local link)
“The
Investment Value of Home Ownership,” Journal of Financial
Service Professionals, January, 2006, pp. 57-65. (local link)
“Does
Portfolio Rebalancing Help Investors Avoid Common Mistakes,”
Journal of Financial Planning, May, 2005, with Steven L. Beach, pp. 56-61.
(local link)
“The Tax
Savings Value of Real Estate Like Kind Property Exchanges,”
Southern Law Journal, Fall Issue, 2004. (local link)
"Social
Security Retirement Planning Considerations for Married Couples in Family
Owned Businesses,” Journal of Financial Planning, August,
2004, pp. 54-59. (local link)
“Creating the
Right Investment Portfolio,” Personal Financial Planning
Monthly, September, 2002, pp. 9-16.
“Early
Retirement Planning Considerations,” Personal Financial
Planning Monthly, May 2002, pp. 11-16, with L. Keith Larimore. This article
was also published with permission from PFP Monthly in National Public
Accountant, July, 2002, pp. 29-31. (local link)
“Structuring
a Portfolio with Tax Sheltered, Tax Deferred, and Taxable Investments,”
Personal Financial Planning Monthly, October, 2001, pp. 19-26, with Alvin
Engelhard
"Helping
Clients Manage Their Portfolios in Retirement,"
Personal Financial Planning Monthly, July, 2001, pp. 16-20, with Alvin
Engelhard.
"Social
Security Benefit Considerations in Early Retirement,"
Journal of Financial Planning, May/June 2001, pp.116-121, with L. Keith
Larimore. (local link)
“Profit
Planning for Small Business Operations,” Business Journal
for Entrepreneurs, December 15, 1999, Vol. 99, Issue 4 pp. 1-10, with L.
Keith Larimore.
“Comparing
the Roth IRA to Other Tax Sheltered Retirement Plans,”
Personal Financial Planning, May/June, 1999, pp. 27-32.
“The
Advantages and Pitfalls of Real Estate Seller Financing,”
Personal Financial Planning, May/June, 1997, pp. 8-12.
“Home Equity
Conversion Techniques,” Journal of Financial Planning,
February, 1997, pp. 82-86, with James B. Ross. (local link)
“An Analysis
of Mortgage Prepayment,” Personal Financial Planning,
September/October, 1996, pp. 17-20.
“Selecting
The Mortgage Term: A Comparison of The 15 Year Versus 30 Year Term
Mortgages,” The American Association of Individual
Investors Journal, September, 1996, pp. 6-10.
“Tax Savings
Opportunities For Homeowners,” Real Estate Business, Summer
Issue (July 1996), pp. 56-59.
“Tax Planning
Considerations For The Sale of Your Home,” The American
Association of Individual Investors Journal, June, 1996, pp. 10-12.
“Understanding
Intra Family Sale Leasebacks,” Personal Financial Planning,
May/June, 1996, pp. 8-11.
"Real
Estate Investment Refinancing", Real Estate Finance,
Vol. 8 No. 4 (Winter 1992), pp. 57-62. (local link)
"An
Investment Analysis of Mortgage Refinancing", American
Association of Individual Investors Journal. Volume XIV, Number 2 (February
1992) pp. 12-16.
"New
Rules for the Low Income Housing Tax Credit", Real
Estate Finance, Vol. 7, No. 3 (Fall 1990), pp. 30-34. (local link)
"Tax
Planning Considerations for Real Estate Transactions Between Family
Members," The Journal of Real Estate Taxation, Vol.
17, No. 2 (Winter 1990), pp. 143-157 with Cherie J. O'Neil.
"The
Effects of Tax Reform on Virginia Real Estate," Tax
Notes, Volume 40, Number 4, (July 25, 1988), pp. 417-422, with Cherie J.
O'Neil.
"Tax
Strategies for Financing Real Estate Investments,"
American Association of Individual Investors Journal, Vol. X, No. 3 (March
1988), pp. 12-15, with Cherie J. O'Neil.
"The
Impact of The Tax Reform Act of 1986 on Rents and Property Values,"
The Journal of Real Estate Taxation, Vol. 15, No. 2 (Winter 1988), pp.
145-154, with Cherie J. O'Neil.
"Vacation
and Second Homes After The TRA," Journal of
Accountancy, Vol. 164, No. 1 (July 1987), p. 12, (With Cherie J. O'Neil).
This is a summary of the article published in The Tax Advisor (July 1987),
pp. 457-466, with Cherie J. O'Neil. (local link)
"Tax
Planning for the Vacation/Second Home After the Tax Reform Act of
1986," The Tax Adviser, Vol. 18, No. 7, (July 1987),
pp. 457-466, with Cherie J. O'Neil.
"Real
Estate Tax Shelters Under The Tax Reform Act of 1986,"
The Journal of Real Estate Taxation, Vol. 14 , No. 2 (Winter 1987), pp.
115-126, with Cherie J. O'Neil.
"Tax
Planning Tips for Real Estate Investments," National
Public Accountant, Vol. 30, No. 11 (November 1985), pp. 33-37, with Cherie
J. O'Neil.
"The
Viewed Importance of Investment Tax Incentives by Virginia Decision
Makers," The Journal of the American Taxation
Association, Vol. 7, No. 1 (Fall 1985), pp. 34-43, with Cherie J. O'Neil.
"The
Impact of the President's Tax Proposals on Real Estate Investment: A
Present Value Analysis," The Journal of Real Estate
Taxation, Vol. 13, No. 1 (Fall 1985), pp. 40-50, with Cherie J. O'Neil.
"Bureaucracy
Expresses Itself: How State Documents Address the Public,"
Social Science Quarterly, Vol. 63 (September 1981), pp. 576-91, with C. T.
Goodsell, R. Austin, and K. Hedblom.
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Other Publications
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“A Guide to Rights and Responsibilities of
Owners of Common-Interest Community Property in Virginia,” published by the Government and Nonprofit
Assistance Center, Radford University, Fall, 2003. This guide was made
possible from a grant from the Common Interest Community Management
Information Fund of the Department of Professional and Occupational
Regulation and the Virginia Real Estate Board. Revised 2004, Revised 2005.
"The
Impact of the Tax Reform of 1986 on Investment Property in Virginia",
Research Report No. 147, Virginia Real Estate Research Center, Virginia
Commonwealth University Press, Richmond, Virginia (October 1987).
"The
Bumpy Road to Economic Recovery: Why the Reagan Administration's Business
Tax Incentives Haven't Worked" in Terry F. Buss, F.
Stevens Redburn, and Larry C. Ledebur, Economic Revitalization, Lexington
Press (1984).
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Presentations, Seminars & Discussions
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Professional presentations
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I have made
presentations to the following academic societies:
The American Academy of
Accounting and Finance
The American
Accounting Association
The
American Society of Business and Behavioral Science
The
Academy of Financial Services
The North
American Tax policy conference
The
Southern Academy of Legal studies
The
Virginia Social Science Association
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Other Activities and Professional
Contributions
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Awards & Activities
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“The Virginia Economic Development
Partnerships International Market Planning (IMP) Program 1996, Governor
Award for Excellence”
“Radford University Outstanding Research Thesis Award Supervising professor
(1990)”
“Outstanding Graduate faculty Award, College of Business and Economics,
Radford University”
“Investment Strategies for a Financially Sound Retirement,” Seminar
presented at the Executive Development School for Police Chiefs and Deputy
Chiefs held at Radford University May 26, 2000 and June 9, 2000.
Academic coordinator and presenter for the NAFTA Seminar held at Radford
University July 5-29, 1994, for 34 post graduate students from Castellon,
Spain.
Professional Consulting, April 1990 to present. I serve as an expert
consultant for the Technical Advisory Services for Attorneys (TASA) in the
areas of insurance and real estate.
In November 1993, I traveled to Antwerp, Belgium to set up MBA faculty and
student exchange programs between the University of Antwerp and Radford
University.
Virginia Social Science Association's Executive Committee 1987-89.
Membership Coordinator 1988-89.
Program Chairperson, 1988 Virginia Social Science Association's Annual
Meeting Session on Business held in Sweet Briar, Virginia, April 8-9, 1988.
Special Guest on WSLS TV Channel 10 Newsmaker's Program, Roanoke, Virginia.
The topic of the program was the Impact of Tax Reform on Investment
Property in Virginia. The Program was telecast 11:30 AM Sunday, January 3,
1988.
Research Grant for $1,000 awarded by Virginia Real Estate Research Center,
April 1987. Research Title: "The Impact of the Tax Reform act of 1986
on Investment Property in Virginia." Research report completed October
1987.
Chairperson, 1986 Virginia Social Science Association's Annual Meeting
Session on Business and Economics held in Farmville, Virginia, March 21-22,
1986.
Chairperson, 1985 Financial Management Associations' Annual Meeting session
on Real Estate Investment Theory held in Denver, Colorado, October 9-12,
1985.
Reviewer, Dryden Press, 1983; Business Publications, Inc., 1985; West
Publishing Company, 1986, West Publishing Company, 1987; Simon and
Schuster, 1995.
Guest Speaker, Brush Mountain Colloquy sponsored by the Center for Public
Administration and Policy, Virginia Tech, on March 4, 1985. The topic of my
presentation was "The Treasury's Tax Simplification Proposal: The Dire
Impact on Real Estate Investment."
Reviewer, 1985 National Conference of the Academy of Management Public
Sector Division held August 11-14, 1985, in San Diego, California.
Reviewer, 1984 National Conference of the Academy of Management Public
Sector Division held August 12-15, 1984, in Boston, Massachusetts.
Discussant, Doctoral Dissertation Research Symposium of the Public Sector
Division of the Academy of Management held August 10-12, 1984, in Boston,
Massachusetts.
Test item writer for the New York State Regents External Degree Program. I
developed an introductory examination in corporate finance for their
undergraduate external degree program, July/August, 1984.
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