Kelley Bergsma Lovelace

Dr. Kelley Bergsma Lovelace is a Leona Hughes Associate Professor of Finance at Ohio University. Since 2015, Kelley has taught over 1,500 students at Ohio University in courses covering financial markets and institutions, financial derivatives, and fixed income. She won the College of Business Senior Class Faculty Recognition Award in 2018, College of Business Rising Star Award in 2022, College of Business Professional Service Award in 2023, and College of Business Faculty Excellence Award for Teaching and Learning in 2024. Her research centers on market efficiency, international finance, earnings announcements, and derivatives. She has published eleven peer-reviewed academic articles in Financial Management, Journal of Banking & Finance, Review of Accounting Studies, European Financial Management, Journal of Futures Markets, Journal of Behavioral Finance, International Review of Financial Analysis, International Journal of Finance and Economics, and The American Economist.

Publications

• Broman, Markus, and and Kelley Bergsma Lovelace. "A U-Shaped Flow-Performance Sensitivity Across the Globe." European Financial Management (2026): forthcoming.
• Fodor, Andy, Kelley Bergsma Lovelace, Vijay Singal, and Jitendra Tayal. "Does Firm Life Cycle Stage Affect Investor Perceptions? Evidence from Earnings Announcement Reactions." Review of Accounting Studies 29 (2024): 1039-1096.
• Lovelace, Kelley Bergsma and Raylin Fetherolf. "Dimensions of Culture and R2 Around the World." Journal of Banking & Finance 154 (2023): 106949.
• Chen, Larry (Qing), and Kelley Bergsma Lovelace. "Unbundling Institutional Determinants of Innovation." International Journal of Finance & Economics 28, no. 4 (2023): 3667-3688.
• Bergsma, Kelley, Andy Fodor, Vijay Singal, and Jitendra Tayal. "Option Trading after the Opening Bell and Intraday Stock Return Predictability." Financial Management 49, no. 3 (2020): 769-804. Winner of 2018 Applied Finance Conference Best Paper Award.
• Bergsma, Kelley, and Jitendra Tayal. "Quarterly Earnings Announcements and Intra-Industry Information Transfer." International Review of Financial Analysis 70 (2020): 101511.
• Bergsma, Kelley, Vivien Csapi, Dean Diavatopoulos, and Andy Fodor. "Show Me the Money: Option Moneyness Concentration and Future Stock Returns." Journal of Futures Markets 40, no. 5: 761-775.
• Bergsma, Kelley, Andy Fodor, and Emily Tedford. "A Closer Look at the Disposition Effect in U.S. Equity Options." Journal of Behavioral Finance 21, no. 1 (2020): 66-77.
• Bergsma, Kelley, and Jitendra Tayal. "Short Interest and Lottery Stocks." Financial Management 48, no. 1 (2019): 187-227.
• Bergsma, Kelley, and Danling Jiang. "Cultural New Year Holidays and Stock Returns around the World." Financial Management 45, no. 1 (2016): 3-35. Lead Article.
• Bergsma, Kelley. "Does Offering Microsavings Make Sense for Microfinance Institutions?" The American Economist 56, no. 2 (2011): 15-27. Winner of 2010 Frank W. Taussig Article Award
• Kelley Bergsma's SSRN Page

Presentations & Awards

• Southern Finance Association Annual Meeting (2018, 2025)
• All-Ohio Accounting Conference (2025)
• Eastern Finance Association Annual Meetings (2016, 2021, 2024)
• French Finance Association (AFFI) Annual Meeting (2021)
• Financial Management Association (FMA) Annual Meetings (2013, 2015, 2016, 2017, 2019)
• International Accounting Section Midyear Meeting (2019)
• FMA Applied Finance Conference (2015, 2018)
• Midwest Finance Association Annual Meetings (2015, 2017)
• Florida Finance Conference (2014)
• FMA European Doctoral Student Consortium (2014)
• Academy of Behavioral Finance & Economics (ABF&E) Annual Meeting (2012)
• 2024 College of Business Teaching Award
• 2023 College of Business Professional Service Award
• 2022 College of Business Rising Star Award
• 2018 Applied Finance Conference Best Paper Award
• 2018 Senior Class Faculty Recognition Award