Faculty and ResearchExpert Guide

John S. Zdanowicz

John S. Zdanowicz

Professor
Department of Finance

College of Business
Florida International University

Modesto A. Maidique Campus
11200 S.W. 8th St, RB 208B
Miami, FL 33199

P: (305) 348-2771
E: zdanowic@fiu.edu

Education

  • PhD, Business Administration
    Michigan State University, East Lansing, Michigan
  • Master, Business Administration
    Michigan State University, East Lansing. Michigan
  • Bachelor of Science, Retail Business Management
    Rochester Institute of Technology, Rochester, New York
  • , Retail Business management
    Mohawk Valley Community College, Utica, New York

Areas of Expertise

  • Business Valuation and Economic Loss
  • International Price Discrimination
  • Executive Compensation
  • Money Laundering
  • Terrorist Financing
  • Transfer Pricing

Professional Activities

Dr. Zdanowicz’s research on money laundering tax evasion, capital flight, transfer pricing, and finance has been published in the International Trade Journal, Finance India, Review of Quantitative Finance and Accounting, Monthly Journal of the Peoples Republic of China, Review of Financial Economics, Tax Management: Transfer Pricing Report, Business Ethics Quarterly, Journal of Financial and Quantitative Analysis, and others. His research has been presented at financial conferences throughout the world: Athens, Greece; Rio de Janeiro, Brazil; San Jose, Costa Rica; Seoul, Korea; and Washington, D.C. Professor Zdanowicz has had many years of consulting experience; namely, with the U.S. Department of Justice and U.S. Congress, Office of Technology Assessment. He serves as an instructor for the Financial Fraud Institute, Federal Law Enforcement Training Center, and the U.S. Department of Treasury. He has presented seminars for the American Institute of Banking, Lincoln First Bank, Rochester Telephone Corporation, and Eastman Kodak.

Dr. Zdanowicz has served on numerous task forces and committees on money laundering throughout Miami-Dade County and the state of Florida. He also provides expert witness services for attorneys. On May 31, 2000, Dr. Zdanowicz was interviewed by Peter Jennings, of ABC, regarding the study that he and his research colleague released that shows how the U.S. was cheated out of $42.7 billion in tax revenues due to artificial over-pricing of U.S. imports and under-pricing of U.S. exports. Dr. Zdanowicz and his colleague received a $2 million research grant from the U.S. Treasury to continue their research on transfer pricing.

Courses Taught

  • Corporate Finance
  • Master's Seminar in Management
  • Special Topics in International Business

Refereed Journal Articles

Chambers, D. R. & Zdanowicz, J. (2015). The Limitations of Diversification Return.  Journal of Portfolio Management. 40 (4), 65-77.


Zdanowicz, J. S., Chambers, D. R., Wernick, D. A. & Von Glinow, M. (2010). How dangerous are measurement errors to homeland security?.  Thunderbird International Business Review. 52 (6), 553-569.


Zdanowicz, J. S. (2009). Trade-based money laundering and terrorist financing.  Review of Law and Economics. 5 (2), 855-878.


De Boyrie, M., Pak, S. J. & Zdanowicz, J. S. (2005). Estimating the Magnitude of Capital Flight Due to Abnormal Pricing in International Trade: The Russia - USA Case.  Accounting Forum. 29 (3), 249-270.


De Boyrie, M., Pak, S. J. & Zdanowicz, J. S. (2005). The Impact of Switzerland’s Money Laundering Law on Capital Flows through Abnormal Pricing in International Trade.  Applied Financial Economics. 15 (4), 217-230.


Burnside, D. J., Chambers, D. R. & Zdanowicz, J. S. (2004). How Many Stocks Do You Need to Be Diversified.  American Association of Individual Investors Journal. (6), 16-20.


De Boyrie, M., Pak, S. J. & Zdanowicz, J. S. (2004). Money Laundering and Income Tax Evasion: The Determination of Optimal Audits and Inspections to Detect Abnormal Prices in International Trade.  Journal of Financial Crime. 12 (2), 123-130.


Zdanowicz, J. S. (2004). Detecting Money Laundering and Terrorist Financing via Data Mining.  Communications of the ACM. 47 (5), 53-55.


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