1978 …2023

Research activity per year

Personal profile


Professor Stephen Brown is in the Department of Banking and Finance in the Monash Business School.

Stephen joined the Monash Business School on 1 January 2016. Appointed on a 0.4 basis, he will spend four months each year at the Monash Business School while transitioning as Emeritus Professor at New York University Stern School of Business. Before joining New York University in 1986 Stephen worked at Bell Telephone Laboratories during which he spent time on assignment as District Manager at the ATandT Pension Fund, as well as Yale University where he was Associate Professor of Finance. He is a member of CFA Society Melbourne and the New York Society of Security Analysts (NYSSA).

He has published widely in a range of high quality journals, including Econometrica, the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, theReview of Financial Studies, and the Journal of Business. He is the author of five books, two of which have been translated into Japanese. As well as serving on a number of editorial boards, Stephen was a founding editor of the Review of Financial Studies (A*) and has just stepped down as Managing Editor of the Journal of Financial and Quantitative Analysis (A*).

Stephen has recently been appointed Executive Editor of the Financial Analysts Journal. The FAJ, published by CFA Institute, s a leading publication with a print subscription of 130,000, and an ever growing online presence with article downloads reaching over 800,000 in the past financial year. This journal has a significant impact in the investment management community world-wide, due to its practitioner-relevant focus.

Expertise related to UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

  • SDG 8 - Decent Work and Economic Growth
  • SDG 13 - Climate Action

Collaborations and top research areas from the last five years

Recent external collaboration on country/territory level. Dive into details by clicking on the dots or