KAREN EILERS LAHEY
Department of Finance
College of Business
Administration
University of Akron
Akron, Ohio 44325-480
(330) 972-5436 FAX:
(330) 972-5970
Ph.D. Florida State University, Department of
Finance, December, 1985.
Dissertation Title: A
Methodological Comparison of the Long-Term
Impact of Mergers on the Acquiring
Firm. Major Professor:
Dr. Robert L. Conn.
M.B.A. Florida State University, Department
of Finance, 1980.
B.A. University of Florida, College of
Education, 1963.
Charles Herberich
Professor of Real Estate, Department
of Finance, University of
Akron, Akron, Ohio, August, 1997 to Present.
Responsible for teaching undergraduate courses in, Real
Estate Finance and Personal
Financial Planning. At the masters level, teaching Strategies
in Financial Decision
Making and Personal Financial Planning. Co-Director
of the CFP certification program.
Editor of Financial Services Review, 1995-2001.
Charles Herberich
Associate Professor of Real Estate,
Department of Finance,
University of Akron, Akron, Ohio, September, 1991 to August, 1997.
Responsible for teaching undergraduate courses in Real Estate Principles,
Real Estate Investments, and Real Estate Finance. At the
masters level,
teaching Real Estate as a Special Topic, Managerial Finance, and Personal
Financial Planning as a Special Topic.
Assistant Professor, Department of Finance, Kent State University,
Kent, Ohio,
August, 1984 to August, 1991.
Responsible for teaching regular and Honors section of Business
Finance,
and supervision of Doctoral Teaching Assistants for same course.
Teaching Intermediate Finance, Real Estate
Principles, Real Estate
Finance, Corporate Real Estate, and Real Estate Investments
at the
undergraduate level. Teaching Corporate Finance and Real
Estate at the
masters level and an executive MBA Corporate
Finance course. Co-teaching
and design of Doctoral Seminar in Corporate Finance with traditional
discussions of historic and recent articles, and Research Seminar with
faculty and doctoral student presentations. Awarded
tenure, April, 1990.
Teacher
of Social Studies, McArthur High
School, Broward County Public
Schools,
Ft. Lauderdale, Florida.
Published:
Lahey, K.E. and D. A. Redle.
"The Ohio Experience: The Effectiveness of
Mandatory
Real Estate Disclosure Forms" Real Estate Law Journal
(Spring
1997), 319-344.
Finn, M.K., K.E.
Lahey, D.A. Redle, and J.P. Rust. "Impact of Licensing
Requirements
on the Number of Real Estate Agents and Public Complaints:
A Case
Study of the Process in Ohio" Real Estate Educators Association
Journal
(June 1998).
Shedlarz, R.J. and K.E. Lahey. "Brownfields -
Are They an Ethical
Solution to a Major Urban Pollution Problem?" in
Ethics in Real Estate
Research Issues in Real Estate, Volume 5, Kluwar
Academic Publishing,
(1999), 37-44.
Finn, M.K., K.E. Lahey
and D. Redle."Policies
Underlying Congressional
Approval of Criminal and Civil Immunity for Interactive Computer Service
Providers Under Provisions of the Communities
Decency Act of 1996: Should
e-Buyers Beware?" University of Toledo Law Review, Volume 21,
Number 3
(Spring 2000), 347-372.
Lahey, K.E. and
J.L. Vihtelic. "A Finance Faculty Demographics,
Career History, Diversity, and Job
Satisfaction." Financial Practice
and
Education (Spring/Summer 2000), 111-122.
Lahey, K.E. and
D. Kim. “Longitudinal
Changes in Net Worth by Household
Income and Demographic Characteristics
for the First Three Waves of the
HRS” Financial
Services Review (2001), 55-73.
Matejkovic, J.E. and K.E. Lahey.
“Identity
Theft: No Help for Consumers”
Financial
Services Review (2001), 221-235.
Lahey,
K.E., D. Kim and M. Newman. “Household
Income, Asset Allocation and the
Retirement Decision” Financial Services Review
(2003), 219-238.
Lahey,
K.E., D. Kim, and M.L. Newman. “Can
I Retire?: Benchmarks to Consider in Making the
Retirement Decision,” Journal of Financial
Planning (2004) 62-70.
Lahey, K.E., D. Kim, and M.L. Newman. “Full retirement?
An examination of factors that influence the decision to return to work”,
Financial Services
Review (2006), Lead article 1-19.
Lahey, K.E., D. Kim, and
M.L. Newman. “Housing
Choices and Mortgage Finance Options
for Seniors”, Journal
of Real Estate Portfolio Management (2006), 103-118.
Lahey, K.E., L.T. Anenson. “Public
Pension Liability: Why Reform is
Necessary to Save
the Retirement of State Employees”,
Accepted at Notre Dame Journal of Law, Ethics &
Public Policy Volume XXI, Issue 1 (2006).
Lahey, K.E., L.T. Anenson. “The Crisis in
Corporate America – Private Pension Liability
and Proposals for Reform”, University of Pennsylvania Journal of Labor and
Employment Law (2007), 495-531. Received Outstanding Paper Award by
Tri-State Academy of
Legal Studies in Business at the annual meeting 2006.
Lahey,
K.E., S. Michelson, N. Chieffe, V. Bajtelsmit. "Retirement
plans for college faculty at public
institutions", Financial Services Review (2008), 323-341.
Chieffe,
N; Lahey, K.E..
“Helping
Clients select SRI Mutual Funds and Firms,"
Journal of Financial Planning (2009), 60-70.
Lahey, K.E. and M. Quist-Newins. “ What Do Financial Services
Producers Need for Success in Their Careers?”
Journal
of Financial Service Professionals (2010),
40-49.
Invited articles:
Lahey, K.E. “The
Risk of Public Pension Plans” The
Wealth Channel Magazine
(Spring, 2011), 64-65.
Lahey,
K.E. “Will Your Client’s Public Defined
Benefit Pension Plan Disappear?”
The
Wealth Channel Magazine (Fall, 2011), 81-83.
Monograph:
An Analysis of Ohio’s Residential
Property Disclosure Form 1997, Center for Real Estate
Education and Research at Ohio State University.
Recycling of “Big Box” Space, 1999,
Center for Real Estate Education and Research at
Ohio State University.
Instructor’s Manual:
Lahey, K.E. Principles and Practices of
Real Estate Instructional Manual, prepared for the
Ohio Real Estate Commission, September 1998.
PROFESSIONAL MEETING PRESENTATIONS
Recent Papers Presented:
Lahey, K.E. and K.J. Timer. “Grocery Stores and Their Impact on
Shopping Center
Location and Tenant Decisions” American Real Estate Society Naples,
Florida April 12,
2002.
Lahey, K.E., D. Kim, and M. Newman. “Financial Preparation and the Retirement
Decision:
An Empirical Study of Individuals
Nearing Retirement Age” Academy of Financial
Services San
Antonio, Texas October
15, 2002.
Lahey, K.E., D Kim, and M.L. Newman. “Should I
Retire? Factors Affecting the
Retirement Decision” Midwest
Finance Association St. Louis, Missouri March 29, 2003.
Lahey, K.E. and K. Timer. “Supermarket
Tenants and Shopping Centers Owned by REITS”
American Real Estate Society Monterey, California, April 3, 2003. Received outstanding
REIT paper award.
Lahey, K.E., D. Kim and M.L. Newman. “What Happens
to Me Once I Retire?” Academy
of Financial Services Denver, Colorado, October 8, 2003.
Lahey, K.E., V. Hampton, K. Ioannides,
A Kern. “Model Financial Planning Curriculum:
AFS and CFP Board Joint Project and Outcomes: Registering Curriculum with CFP
Board Helps Students” Academy of
Financial Services Denver, Colorado October 9,
2003.
Lahey, K.E., D. Kim, and M.L. Newman. “Household
Income, Asset Allocation and the
Retirement Decision, “ Academy of Financial Services Denver, Colorado October 11,
2003.
Lahey, K.E., D. Kim, and M.L.
Newman. “Financial Planning for
Households Who
Are Fully Retired Versus Those Who
Go Back to Work” Midwest
Finance
Association Meeting Chicago,
Illinois March 18, 2004.
Lahey,
K.E., D. Kim, and M.L. Newman. “Influence of Housing
Choices and
Mortgage Financing on the Retirement Decision” Annual American Real Estate
Meeting
Captiva Island, Florida April 21, 2004.
Lahey, K.E., D. Kim, and M.L. Newman “Can I Retire? Benchmarks on Which to Base the
Retirement Decision” Academy of Financial Services New Orleans,
Louisiana October
2004.
Lahey, K.E., S. Michelson, N. Chieffe, and V. Bajtelsmit. “Faculty Retirement Options
Based on the Provisions of State Teachers Retirement Plans” Academy of Financial
Services New Orleans, Louisiana October 2004.
Lahey, K.E., Stuart Michelson, Natalie Chieffe, and Vickie Bajtelsmit. “Faculty
Retirement
Options Based on the Provisions
of State Teachers Retirement Plans” Midwest
Finance Association Milwaukee, Wisconsin March 2005.
Lahey, K.E., Stuart Michelson, Natalie
Chieffe and Vickie Baijelsmit. “Faculty Retirements
at Public Institutions of Higher Education after the End of Mandatory
Retirement”
American Council on Consumer
Interests Columbus, Ohio
April 2005.
Lahey, K.E., Doseong Kim, and Erin Bonta-Lewis. “Investing in REITs and Firms that
Provide Housing and Services for
Seniors” American Real Estate Society Santa
Fe,
New Mexico April 2005.
Lahey, K.E., Melinda Newman, and Doseong Kim. “Selection of
a Mortgage Financing
Options on Retirement Choices” American Real Estate
Society Santa Fe, New Mexico
April 2005.
Lahey, K.E., Doseong
Kim, and Melinda L. Newman. “Is the
Decision to Retire Affected
by Housing Choices and Mortgage Financing
Options in the United States?” European al
Estate Society Dublin,
Ireland June 2005.
Lahey, K.E., Stuart Michelson, Natalie Chieffe, and Vickie Bajtelsmit. “Patterns of Faculty
Retirements at Colleges and Universities”
Academy of Financial Services Chicago,
Illinois, October 19, 2005.
Lahey, K.E., Melinda L. Newman, and Doseong
Kim. “Housing Choices and Mortgage
Financing Options for Seniors” Academy
of Financial Services Chicago,
Illinois,
October 19, 2005. Received
outstanding paper award.
Lahey, K.E. and Doseong Kim. “The Changing Environment in Developing and Leasing
Industrial Property” American
Real Estate Society Key West,
Florida April, 2006.
Lahey, K.E. and Doseong Kim. “What Happens
to the Industrial Property Market When
Industry Leaves?” Joint Asian Real Estate Society – American Real Estate and
Urban Economics Association Vancouver, Canada June 30-July 3, 2006.
Chieffe, Natalie, K.E. Lahey, and John Dravenstott. “A Primer on
Socially Responsible
Investing” Academy of Financial Service Salt
Lake City, Utah October 11, 2006.
Lahey, K.E. and Doseong Kim. “Should I
Invest in Industrial Propery REITS?” Academy
of Financial Services Salt
Lake City, Utah October 11, 2006.
Anenson, Leigh T. and K.E. Lahey. “The Crisis in
Corporate America – Private Pension
Liability and Proposals for Reform” Tri-State Academy of Legal Studies in Business
Cleveland, Ohio November 11, 2006.
Lahey, K.E. and Doseong Kim. “Leasing
Industrial Property in Northeast Ohio” ERES
Conference 2007 London, England June, 2007.
Received Outstanding Paper Award
by Tri-State Academy of Legal Studies in Business at the annual meeting 2006.
Lahey, K.E. and N. Chieffe. “Mature Women’s Employment History and
Pensions: Did
They Financially Plan for Retirement?” Academy of Financial Services Orlando,
Florida October 16, 2007.
Lahey, K.E. and J. Juron. “A Case Study of Property Valuation: How Albrecht, Incorporated
Valued Vacant Industrial Property For Sale by The Goodyear Tire & Rubber
Company”
The American Real Estate Society Annual Meeting Captiva
Island, Florida April 16-19,
2008.
Lahey, K.E. and T.L. Anenson. “Chance or
Choice: A Defined Benefit or a
Defined Contribution Plan” Eastern
Finance Association Washington,
D.C., April 29-May 2, 2009.
Lahey, K.E. and M. Quest-Newins. “Gender
Differences in the Success of
Producers in the Financial Services
Industry” Academy of Financial Services
Anaheim, California, October 9-10, 2009. Received outstanding paper
award.
Lahey, K.E. and T. Leigh Anenson. “Real Estate
Asset Allocation and S&P 500
Firms’ Defined Benefit Pension
Plans” AREUEA International Conference
Rotterdam, The Netherlands, June 17-19, 2010.
Lahey, K.E. and T. Leigh Anenson. “Why Does My
Defined Benefit Public
Pension Plan Hold Real
Estate and Alternative Investments in Its Portfolio?”
Academy of Financial Services Denver, Colorado, October 9-10, 2010.
Lahey, K.E. and M. Quist-Newins. “What Do Financial Services Producers
Think
It Takes to Be Successful in Their
Careers?” Academy of Financial Services
Denver, Colorado, October 9-10, 2010.
Callahan, C.J., C.J. Finefrock, and K.E. Lahey. “Reaching the
Summit and
Returning Safely in Retirement” Academy
of Financial Services Las Vegas,
Nevada, October 23-24, 2011.
Lahey,
K.E. “What Are the Risks in Retirement
for Public Employees Who’s
Pension Plans Do Not Include
Contributions to Social Security?” Academy
of Financial Services Las Vegas, Nevada, October 23-24, 2011.
Merit Committee, 2006-Present.
Scholarship Committee, 2006-Present.
Four-Year
Evaluation of Department Head Committee, Chairperson, 2010-2011.
Faculty
Promotion Committee, Chairperson, 2010-2011.
Faculty
Promotion Committee, Chairperson, 2011-2012.
Faculty
Search Committee, 2011-2012.
Executive Committee of AAUP-Akron, 2007-2008.
Vice-President of AAUP-Akron, 2009-2011.
University
Health Benefits Committee, 2008-2010.