Bryant Campus in Fall Hakan Saraoglu Bryant AIC Bryant Campus Bryant Students and AIC

Hakan Saraoglu

Professor, Finance, B.Sc., M.B.A. Bogazici University; Ph.D. Michigan State.

Degrees Awarded

Ph D, Michigan State University

MBA, Bogazici University

BS, Bogazici University

Ph D, Michigan State University

MBA, Bogazici University

BS, Bogazici University

Selected Publications

Zhang, C.,Saraoglu, H.,Louton, D., On Teaching Multi-Criteria Decision Making with a Robot Assistant, Proceedings of EdMedia + Innovate Learning 2023, Association for the Advancement of Computing in Education.

Cullinan, C.,Holowczak, R.,Louton, D.,Saraoglu, H., A Thematic Analysis of Code of Ethics Disclosures in SEC 8-K Item 5.05, Business Ethics, the Environment & Responsibility, 2024.

Cullinan, C.,Holowczak, R.,Louton, D.,Saraoglu, H., Costs Associated with Exit or Disposal Activities: A Topic Modeling Investigation of Disclosure and Market Reaction, Intelligent Systems in Accounting, Finance and Management, 2023.

Guedhami, O.,Saraoglu, H.,Louton, D.,Zheng, Y., ESG Investing: A Decision-Making Paradox?, The Journal of Impact and ESG Investing, 2022.

Inci, A.,Ramirez, A.,Saraoglu, H., Anatomy of Intraday Volatility at the Chilean Stock Exchange, Journal of Economics and Finance, 2021.

Aydogdu, M.,Saraoglu, H.,Louton, D., Using LSTM Neural Networks to Analyze SEC 13D Filings: A Recipe for Human and Machine Interaction, Intelligent Systems in Accounting, Finance and Management, 2019.

Holowczak, R.,Louton, D.,Saraoglu, H., Testing Market Response to Auditor Change Filings: A Comparison of Machine Learning Classifiers, The Journal of Finance and Data Science, 2019.

Holowczak, R.,Louton, D.,Saraoglu, H.,Cullinan, C., Modeling Market Reactions to Auditor Changes Using Variable Selection Algorithms: A Meta-Analysis, Economics and Applied Informatics, 2019.

Inci, A.,Saraoglu, H., Two Diagrams with Many Stories: Incorporating Finance into Teaching Global Strategy, Journal of Teaching in International Business, 2019.

Ascioglu, N.,Louton, D.,Holowczak, R.,Saraoglu, H., The Evolution of Market Share Among the U.S. Options Market Platforms., The Quarterly Review of Economics and Finance, 2017.

Ascioglu, N.,Holowczak, R.,Louton, D.,Saraoglu, H., Competition and Innovation in Option Market Models, Journal of Trading, 2015.

Saraoglu, H.,McCarthy, J.,Rush, S.,Sosa, O.,Louton, D., Tactical Asset Allocation for U.S. Pension Investors: How Tactical Should the Plan Be?, Journal of Asset Management, 2015.

Saraoglu, H.,Holowczak, R.,Louton, D., Institutional Impact and Quote Behavior Implications of the Options Penny Pilot Project, The Quarterly Review of Economics and Finance, 2014.

Ramirez, A.,Saraoglu, H., An Analytic Approach to Selecting a Nonprofit for Donation., Journal of Financial Planning, 2011.

DiSario, R.,Saraoglu, H.,McCarthy, J.,Li, H., Long Memory in the Volatility of an Emerging Equity Market: The Case of Turkey, Journal of International Financial Markets, Institutions & Money, 2008.

Saraoglu, H.,Louton, D., How Many Mutual Funds Are Needed to Form a Well Diversified Asset Allocated Portfolio?, Journal of Investing, 2008.

DiSario, R.,McCarthy, J.,Saraoglu, H.,Li, H., An Investigation of Long Memory in Various Measures of Stock Market Volatility, Journal of Economics and Finance, 2008.

McCarthy, J.,DiSario, R.,Saraoglu, H.,Li, H., Tests of Long-Range Dependence in Interest Rates Using Wavelets, The Quarterly Review of Economics and Finance, 2004.

Zhang, C.,Saraoglu, H.,Louton, D., On Teaching Multi-Criteria Decision Making with a Robot Assistant, Proceedings of EdMedia + Innovate Learning 2023, Association for the Advancement of Computing in Education.

Cullinan, C.,Holowczak, R.,Louton, D.,Saraoglu, H., A Thematic Analysis of Code of Ethics Disclosures in SEC 8-K Item 5.05, Business Ethics, the Environment & Responsibility, 2024.

Cullinan, C.,Holowczak, R.,Louton, D.,Saraoglu, H., Costs Associated with Exit or Disposal Activities: A Topic Modeling Investigation of Disclosure and Market Reaction, Intelligent Systems in Accounting, Finance and Management, 2023.

Guedhami, O.,Saraoglu, H.,Louton, D.,Zheng, Y., ESG Investing: A Decision-Making Paradox?, The Journal of Impact and ESG Investing, 2022.

Inci, A.,Ramirez, A.,Saraoglu, H., Anatomy of Intraday Volatility at the Chilean Stock Exchange, Journal of Economics and Finance, 2021.

Aydogdu, M.,Saraoglu, H.,Louton, D., Using LSTM Neural Networks to Analyze SEC 13D Filings: A Recipe for Human and Machine Interaction, Intelligent Systems in Accounting, Finance and Management, 2019.

Holowczak, R.,Louton, D.,Saraoglu, H., Testing Market Response to Auditor Change Filings: A Comparison of Machine Learning Classifiers, The Journal of Finance and Data Science, 2019.

Holowczak, R.,Louton, D.,Saraoglu, H.,Cullinan, C., Modeling Market Reactions to Auditor Changes Using Variable Selection Algorithms: A Meta-Analysis, Economics and Applied Informatics, 2019.

Inci, A.,Saraoglu, H., Two Diagrams with Many Stories: Incorporating Finance into Teaching Global Strategy, Journal of Teaching in International Business, 2019.

Ascioglu, N.,Louton, D.,Holowczak, R.,Saraoglu, H., The Evolution of Market Share Among the U.S. Options Market Platforms., The Quarterly Review of Economics and Finance, 2017.

Ascioglu, N.,Holowczak, R.,Louton, D.,Saraoglu, H., Competition and Innovation in Option Market Models, Journal of Trading, 2015.

Saraoglu, H.,McCarthy, J.,Rush, S.,Sosa, O.,Louton, D., Tactical Asset Allocation for U.S. Pension Investors: How Tactical Should the Plan Be?, Journal of Asset Management, 2015.

Saraoglu, H.,Holowczak, R.,Louton, D., Institutional Impact and Quote Behavior Implications of the Options Penny Pilot Project, The Quarterly Review of Economics and Finance, 2014.

Ramirez, A.,Saraoglu, H., An Analytic Approach to Selecting a Nonprofit for Donation., Journal of Financial Planning, 2011.

DiSario, R.,Saraoglu, H.,McCarthy, J.,Li, H., Long Memory in the Volatility of an Emerging Equity Market: The Case of Turkey, Journal of International Financial Markets, Institutions & Money, 2008.

Saraoglu, H.,Louton, D., How Many Mutual Funds Are Needed to Form a Well Diversified Asset Allocated Portfolio?, Journal of Investing, 2008.

DiSario, R.,McCarthy, J.,Saraoglu, H.,Li, H., An Investigation of Long Memory in Various Measures of Stock Market Volatility, Journal of Economics and Finance, 2008.

McCarthy, J.,DiSario, R.,Saraoglu, H.,Li, H., Tests of Long-Range Dependence in Interest Rates Using Wavelets, The Quarterly Review of Economics and Finance, 2004.

Awards and Honors

Center for Teaching Excellence Faculty Fellowship, 2019

Outstanding Service Award, Bryant University, 2019

Merit Award, Bryant University, 2016

Davis Grant for Technology Innovation for Student Learning, Bryant University, 2015

Merit Award, Bryant University, 2013

The Lifespan MBA Class of 2009 Outstanding Professor Award, Bryant University, 2009

The MBA Class of 2009 Outstanding Professor Award, Bryant University, 2009

The MBA Class of 2008 Outstanding Professor Award, Bryant University, 2008

Davis Grant for Technology Innovation for Student Learning, Bryant University, 2003

Faculty Development Mentor of the Year Award, Bryant University, 2003

Excellence in Graduate Teaching Award, Bryant University, 2000

Excellence in Undergraduate Teaching Award, Bryant University, 1999

MSU Center for International Business Education and Research (CIBER) Doctoral Dissertation Grant, 1995

Homer Higbee Award for International Educational Exchange, Michigan State University, 1994

All-University Excellence in Teaching Award, Michigan State University, 1993

W.B. and Candace Thoman Fellowship, Michigan State University, 1992

Center for Teaching Excellence Faculty Fellowship, 2019

Outstanding Service Award, Bryant University, 2019

Merit Award, Bryant University, 2016

Davis Grant for Technology Innovation for Student Learning, Bryant University, 2015

Merit Award, Bryant University, 2013

The Lifespan MBA Class of 2009 Outstanding Professor Award, Bryant University, 2009

The MBA Class of 2009 Outstanding Professor Award, Bryant University, 2009

The MBA Class of 2008 Outstanding Professor Award, Bryant University, 2008

Davis Grant for Technology Innovation for Student Learning, Bryant University, 2003

Faculty Development Mentor of the Year Award, Bryant University, 2003

Excellence in Graduate Teaching Award, Bryant University, 2000

Excellence in Undergraduate Teaching Award, Bryant University, 1999

MSU Center for International Business Education and Research (CIBER) Doctoral Dissertation Grant, 1995

Homer Higbee Award for International Educational Exchange, Michigan State University, 1994

All-University Excellence in Teaching Award, Michigan State University, 1993

W.B. and Candace Thoman Fellowship, Michigan State University, 1992

Research Interests
Earnings Forecasts and Market Response, Portfolio Management, International Financial Markets and Institutions
Earnings Forecasts and Market Response, Portfolio Management, International Financial Markets and Institutions
Professional Memberships

American Finance Association

Eastern Finance Association

Financial Management Association

American Association for the Advancement of Science

American Finance Association

Eastern Finance Association

Financial Management Association

American Association for the Advancement of Science