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Chip Wiggins

  • Professor Emeritus, Finance
  • Director, Bentley Microcredit Initiative
  • Ph.D. Georgia State University
  • M.S. in Finance, Georgia State University
  • B.A. in English, Florida State University

Teaching Interests

Microfinance;
Corporate & Financial Strategy;
Equity Markets

Research Interests

Board of Director Effectiveness;
Incentive Compensation;
Corporate Governance;
International Equity Markets;
International M&A and Joint Ventures;
Microfinance
Higher Education Strategy & Governance

Consulting/Practice Interests

Financial Analysis;
Value-based Management Systems;
Board of Director Effectiveness

Bio

Roy (Chip) Wiggins is a Trustee Professor of Finance, the Director of the Bentley Microcredit Initiative, and a past Dean of Business and the McCallum Graduate School of Business. His teaching and research focuses on corporate governance, ownership and control. He teaches graduate and undergraduate courses in microfinance, corporate and financial strategy, advanced corporate finance topics and equity markets. His research interests include board of director effectiveness and compensation; executive compensation; corporate expansions such as mergers & acquisitions, joint ventures and reverse takeovers; and higher education strategy and governance. Wiggins began teaching at Bentley in 1996 as an assistant professor. He was tenured and promoted to associate professor in 2002 and to full professor in 2007. Prior to that, he taught at Georgia State University and Kennesaw State University. He has designed and delivered executive education programs for schools including Bentley University, Georgia State University and Northeastern University; for companies such as Georgia Pacific, LL Bean, Arbella Insurance and Digital Equipment; and for professional/trade associations like the Turnaround Management Association, the Northeast Gas Association and the National Investor Relations Institute. Wiggins holds a Doctor of Philosophy and a Master of Science in Finance from Georgia State University. He has a Bachelor of Arts in English, with a concentration in creative writing from Florida State University.

Professional Memberships

  • Financial Management Association 1996-09-01 - Present

    • Awards and Honors

  • Edward F. Gibbons Research Professor of Finance
  • Martin Luther King, Jr. Faculty Recognition Award
  • Journal of Financial Research, Outstanding Article Award for 2006
  • Edward F. Gibbons Research Professor of Finance

    • Scholarly Contributions and Creative Productions

    Journal Articles

  • Wiggins, R. A., Sims, J. A. (2022). Leveraging stakeholder engagement to reconstitute a diverse business advisory council. Journal of Education Advancement & Marketing, (7) 2 188-205.
  • Wiggins, R. A., Sims, J. A. (2021). Two Birds with One Program: How Business Schools Can Support their Entrepreneurial Stakeholders and Generate New Revenue. Journal of Education Advancement & Marketing, (6) 3 279-300.
  • Wiggins, R. A. (2016). Designed to Connect. Global Focus Magazine/EFMD, (10) 1 5.
  • Wiggins, R. A. (2015). Why we created a wider-ranging BAC. BizEd Magazine/AACSB, (14) 6 1.
  • Silva, A. C., Chavez, G. A., Wiggins, R. A. (2015). Earnings Management, Country Governance and Cross-listing:. Global Journal of Emerging Market Economies, (7) 1 20-Apr.
  • Mathur, I., Wiggins, R. A., al Nasser, O. M. (2012). The Performance Implications of Hostile Takeovers of U.S. Financial Services Firms. Journal of Financial and Economic Practice, (12) 3 58-69.
  • Arenella, L. S., Davi, W., Veeser, C. R., Wiggins, R. A. (2009). The Best of Both Worlds: Infusing Liberal Learning into a Business Curriculum. Liberal Education, (95) 1 (Link)
  • Huang, P., Ryan, H. E., Wiggins, R. A. (2007). The Influence of Firm- and CEO-specific Characteristics on the Use of Nonlinear Derivative Instruments. Journal of Financial Research, (30) 3 415-436.
  • Gleason, K., Mathur, I., Wiggins, R. A. (2006). The Evidence on Product-market Diversifying Acquisitions and Joint Ventures by U.S. Banks. Journal of Financial Services Research, (29) 237-254.
  • Gleason, K., Mathur, I., Wiggins, R. A. (2006). The Use of Acquisitions and Joint Ventures by U.S. Banks Expanding Abroad. Journal of Financial Research, (29) 503-522.
  • Gleason, K., Rosenthal, L., Wiggins, R. A. (2005). Reverse Takeovers: Backing Into Being Public. Journal of Corporate Finance, (12) 1 54-79. (Link)
  • Arnold, T., North, D., Wiggins, R. A. (2005). Improving Pro Forma Analysis through Better Terminal Value Estimates. Journal of Financial Education, (31) 77-98.
  • Ryan, H., Wiggins, R. A. (2004). Who is in Whose Pocket? Director Compensation, Bargaining Power, and Board Independence. Journal of Financial Economics, (73) 497-524.
  • Gleason, K., Mathur, I., Wiggins, R. A. (2003). Evidence of Value Creation in the Financial Services Industries through the Use of Joint Ventures and Strategic Alliances. Financial Review, (38) 213-234.
  • Gleason, K., Gregory, D., Wiggins, R. A. (2003). Wealth Effects of Early US Acquisitions in the pacific Rim. Journal of Business and Economic Studies, (8) 28-47.
  • Ryan, H., Wiggins, R. A. (2002). The Interactions between R&D Investment Decisions and Compensation Policy. Finanical Management, (31) 29-May.
  • Simon, D. P., Wiggins, R. A. (2001). S&P Futures Returns and Contrary Sentiment Indicators. Journal of Futures Markets
  • Chavez, G. A., Wiggins, R. A., Yolas, M. (2001). The Impact of Membership in the Ethics Officer Association. Journal of Business Ethics, (34) 39-56.
  • Ryan, H., Wiggins, R. A. (2001). The Influence of Firm- and Manager-specific Characteristics on the Structure of Executive Compensation. Journal of Corporate Finance, (7) 101-123.
  • Ryan, H., Wiggins, R. A. (2000). Differences in the Compensation Structures of the CEO and Other Senior Managers. Journal of Business and Economic Studies, (6) 22-39.
  • Wiggins, R. A., LaFarge, V. V. How Faculty Phase-out Programs Enhance Faculty Recruitment Efficiencies. (In Progress)
  • Wiggins, R. A. The Value of International Field Based Experiences. (In Progress)
  • Wiggins, R. A. Board of Director Monitoring and CEO Tenure. (In Progress)

    • Books

  • Wiggins, R. A., Sims, J. A. (2020). University Advancement: A Concept for Developing Entrepreneurial Alumni Atlanta, Georgia: Disturb the Universe, LLC
  • Wiggins, R. A., Gregory, P. C. (2001). The Internet Guide to Finance 72. Boston, Massachusetts: Addison-Wesley

    • Book Chapters

  • Buono, A. F., Wiggins, R. A. (2010). Acquisitions, Mergers and Takeovers Finance Ethics: Critical Issues in Theory and Practice. Hoboken, NJ: John Wiley & Sons

    • Conference Proceedings

  • Gleason, K., Mathur, I., Wiggins, R. A. (2001). “A Comparison of Cross-border Acquisitions and Joint Ventures by U.S. Banks” Carnegie Bosch Institute Berlin, Germany
  • Wiggins, R. A., Ryan, H. (1999). “Managerial Hierarchy and Incentive Compensation” Northeast Business & Economics Association New haven, Connecticut
  • Wiggins, R. A., Ryan, H. (1997). “The Relation between Investment Horizon and Managerial Compensation” Northeast Busness & Economics Association Philadelphia, Pennsylvania
  • Wiggins, R. A., Ryan, H. (1996). “The Influence of Managerial Compensation on Capital Structure” Northeast Business & Economics Association Long Island, New York

    • Presentations

  • Wiggins, R. A. (2022). “Faculty Impact on Alumni Success” Presented at the Bentley University Learning & Teaching Council 3rd Annual Teaching Symposium Bentley University
  • Wiggins, R. A., Davi, W. (2021). “Ask, Show, & Reflect: Using Formative Feedback to Enhance Student Learning” Presented at the Bentley University 2nd Annual Teaching Colloquium Waltham, MA
  • Wiggins, R. A., Pullin, D. (2015). “Leveraging Faculty & Professional Staff to Advance Business Education and the Progression of Students” Presented at the AACSB AACSB Annual Accreditation Conference Chicago, IL
  • Wiggins, R. A. (2015). “New Learning Approaches to Degree Programmes” Presented at the European Foundation for Management Development EFMD Annual Conference Brussels, Belgium
  • Wiggins, R. A. (2014). “Implementing the New AACSB Standards” Presented at the Northeast Business Deans' Association NEBDA Annual Conference Newport, Rhode Island
  • Wiggins, R. A. (2013). “Building the Business School Brand” Presented at the Northeast Business Deans' Association NEBDA Annual Conference Portsmouth, New Hampshire
  • Wiggins, R. A. (2013). “Diversity Faculty Recruiting & Retention” Presented at the Commonwealth Compact Higher Education Collaborative 2013 Diversity Best Practices Conference Boston MA
  • Chavez, G., Silva, A., Wiggins, R. A. (2012). “Governance, Cross-listing and the Information Environment: The Latin American Case” Presented at the FMA International 2012 FMA Annual Conference Atlanta, Georgia
  • Wiggins, R. A., Everett, D. (2012). “Developing Tomorrow's Curricula: Collaborative Design across Traditional Faculty Boundaries” Presented at the AACSB 2012 AACSB Deans Conference New Orleans, LA
  • Wiggins, R. A. (2012). “The 'Pre-experience' Master's” Presented at the EFMD 2012 EFMD Meeting for Deans & Directors General Nottingham, UK
  • Wiggins, R. A. (2011). “The Business School Collaborative” Presented at the Northeast Business Deans' Association NEBDA Annual Conference Salem, Massachusetts
  • Wiggins, R. A., Erhemjamts, O., Minnick, K. L. (2010). “Bridging the Gender Gap: Explaining the Unexplainable” Presented at the Financial Management Association 2010 FMA Annual Conference New York, New York
  • Wiggins, R. A., Erhemjamts, O., Minnick, K. L. (2010). “Bridging the Gender Gap: Explaining the Unexplainable” Presented at the Financial Management Association 2010 European FMA Annual Conference Hamburg, Germany
  • Cross, I. R., Berthon, P., Wiggins, R. A. (2008). “Putting the 'Business' Back in B-School Education” Presented at the Academy of Marketing Science Vancouver, Canada
  • Wiggins, R. A., Davi, W. (2005). “Integrating Liberal Learning across the Curriculum” Presented at the AAC&U 2005 AAC&U Conference Bethesda, Maryland
  • Wiggins, R. A., Cross, I. R. (2005). “Implementing Integration in Field-Based Courses” Presented at the Management Education Alliance 2005 MEA Faculty Workshop Waltham, Massachusetts
  • Wiggins, R. A., Davi, W. (2005). “Integrating Liberal Learning across the Curriculum” Presented at the Management Education Alliance 2005 MEA Faculty Workshop Waltham, Massachusetts
  • Wiggins, R. A., Ryan, H., Wang, L. (2005). “Board of Director Monitoring, CEO Tenure and Board Independence” Presented at the Financial Management Association 2005 FMA Annual Conference Chicago, Illinois
  • Wiggins, R. A., Arnold, T., North, D. (2005). “Imporving Pro-Forma Analysis through Better Terminal Value Estimates” Presented at the Eastern Finance Association 2005 EFA Annual Conference Norfolk, Virginia
  • Wiggins, R. A., Cross, I. R. (2004). “Implementing Integration in Field-Based Project Courses” Presented at the AACSB 2004 AACSB Conference Dallas, Texas
  • Wiggins, R. A., Ryan, H. (2004). “Does managerial Power Lead to Less Monitoring by the Board of Directors?” Presented at the Eastern Finance Association 2004 EFA Annual Conference Mystic Connecticut
  • Wiggins, R. A., Gleason, K., Mathur, I. (2004). “The Evidence of Product-Market Diversifying Acquisitions and Joint Ventures” Presented at the Eastern Finance Association 2004 EFA Annual Conference Mystic Connecticut
  • Gleason, K., Rosenthal, L., Wiggins, R. A. (2003). “Reverse Takeovers: Backing into Being Public” Presented at the Financial Management Association Annual Meeting Orland
  • Wiggins, R. A., Gleason, K., Rosenthal, L. (2003). “Backing into Being Public: An Exploratory Analysis of Reverse Takeovers” Presented at the Financial Management Association 2003 FMA Annual Conference Denver, Colorado
  • Wiggins, R. A., Ryan, H. (2003). “Who's in Whose Pocket: Director Compensation, Board Independence and Barriers to Effective Monitoring” Presented at the Eastern Finance Association 2003 EFA Annual Conference Orlando, Florida
  • Wiggins, R. A., Ryan, H. (2003). “Who's in Whose Pocket: Director Compensation, Board Independence and Barriers to Effective Monitoring” Presented at the National Bureau of Economic Research 2003 NBER Universities Research Conference on Corporate Governance Cambridge, Massachusetts
  • Wiggins, R. A., Ryan, H., , P. H. (2002). “The Determinants of the Choice of Derivative Financial Instruments: An Empirical Examination of Hedging Practices in U.S. Corporate Firms” Presented at the Eastern Finance Association 2002 EFA Annual Conference Baltimore, Maryland
  • Gleason, K., Mathur, I., Wiggins, R. A. (2001). “A Comparison of Cross-border Acquisitions and Joint Ventures by U.S. Banks” Presented at the Carnegie Bosch Institute Carnegie Bosch Institute's 5th International Conference Berlin, Germany
  • Wiggins, R. A., Ryan, H., , P. H. (2001). “The Determinants of the Choice of Derivative Financial Instruments: An Empirical Examination of Hedging Practices in U.S. Corporate Firms” Presented at the Financial Management Association 2001 FMA Annual Conference Toronto, Canada
  • Wiggins, R. A., Gleason, K., Mathur, I. (2001). “The Performance Implications of Hostile Takeovers of US Financial Services Firms” Presented at the Financial Management Association 2001 FMA Annual Conference Toronto, Canada
  • Wiggins, R. A., Gleason, K., Mathur, I. (2000). “Evidence of Value Creation in Finanical Services Industries through the Use of Joint Ventures and Strategic Alliances” Presented at the Financial Management Association 2000 FMA Annual Conference Seattle, Washington
  • Wiggins, R. A., Gleason, K., Mathur, I. (2000). “Evidence of Value Creation in Finanical Services Industries through the Use of Joint Ventures and Strategic Alliances” Presented at the Northeast Business & Economics Association 2000 NBEA Annual Conference Windsor Locks, Connecticut
  • Wiggins, R. A., Kale, J., Ryan, H. (1999). “Firm Risk and the Structure of Incentive Compensation” Presented at the Southern Finance Association 1999 SFA Annual Conference Key West, Florida
  • Wiggins, R. A., Kale, J., Ryan, H. (1999). “Firm Risk and the Structure of Incentive Compensation” Presented at the Financial Management Association 1999 FMA Annual Conference Orlando, Florida
  • Wiggins, R. A., Ryan, H. (1999). “Managerial Hierarchy and Incentive Compensation” Presented at the Northeast Business & Economics Association 1999 NBEA Annual Conference New haven, Connecticut
  • Wiggins, R. A., Kale, J., Ryan, H. (1999). “Firm Risk and the Structure of Incentive Compensation” Presented at the Eastern Finance Association 1999 EFA Annual Conference Miami, Florida
  • Wiggins, R. A., Ryan, H. (1997). “The Relation between Investment Horizon and Managerial Compensation” Presented at the Northeast Busness & Economics Association 1997 NBEA Annual Conference Philadelphia, Pennsylvania
  • Wiggins, R. A., Ryan, H. (1996). “The Influence of Managerial Compensation on Capital Structure” Presented at the Northeast Business & Economics Association 1996 NBEA Annual Conference Long Island, New York

    • Service

    Service: Department

  • Committee Member for Department Faculty Recruitment Committee 2023-09-01 - 2023-12-21

    • Service: Professional

  • Committee Member for AACSB 2018-11-01 - 2021-05-01
  • Mentor, Athabasca University for AACSB 2016-09-01 - 2021-09-30

    • Service: Ph.D. Advising

  • Independent Study Advisor 2023/01 - Present
  • Committee Member 2004/04 - 2009/01

    • Service: University

  • Committee Member for Technology, Innovation and Entrepreneurship Workgroup 2023-06-01 - Present
  • Committee Chair for Bentley University Promotions & Tenure Committee 2020-11-24 - Present
  • Committee Member for Bentley Learning & Teaching Council 2020-07-16 - 2023-06-30
  • Director for Bentley Microfinance Initiative 2008-11-01 - Present