Profile

Biography

After my BSc in Mathematical Statistics and Operational Research at Exeter I worked for some years as a systems developer, most recently at Deutsche Bank in Frankfurt.

I then did an MSc in Investment Analysis at Stirling, where I won the Morley Prize as the top academically in my year. For my Finance PhD at the ICMA Centre, Reading University, I showed that different ways of calculating the Price-Earnings ratio could significantly improve investor returns.

I worked as a lecturer at Durham University Business School for two years before moving to York in 2008.

Research

Overview

My research interests revolve around making academic finance more useful to investors, for example:

• Improving company statistics for investors, particularly the price-earnings ratio
• Identifying and measuring stock market bubbles
• Investment strategies for Child Trust Funds

Publications

Full publications list

 'Are growing earnings desirable?' (PDF , 612kb)  Professional Investor, May 2005, 12-16 (with C. Brooks).

 'Constructing value by deconstructing the P/E' (PDF , 3,651kb)  Professional Investor, 2006, 16(1):22-24 (with C. Brooks).

‘The Long-Term Price-Earnings Ratio’ Journal of Business Finance and Accounting, 2006, 33(7/8): 1063-1086 (with C. Brooks).

'Decomposing the Price-Earnings Ratio' (PDF , 206kb)  Journal of Asset Management, 2006, 6(6): 456-469 (with C. Brooks).

'Extreme Returns from Extreme Value Stocks: Enhancing the Value Premium' (PDF , 4,402kb)  Journal of Investing, 2007, 16(1): 69-81 (with C. Brooks).

'Speculative bubbles in the SandP 500: Was the tech bubble confined to the tech sector?' (PDF , 363kb) , Journal of Empirical Finance, 2010, 17(3): 345-361 (with C. Brooks and A. Katsaris)

Conference Paper

Anderson, K. and Salama, A. (2008) ‘Does Improving a Firm’s Environmental Performance Mitigate its Risk?’, British Accounting Association conference, Blackpool 2008.

I also presented the long-term PE paper at the Durham University Business School Behavioural Finance conference in 2006.