Godbold School of Business

Dr. Felice Policastro


Name: Dr. Felice Policastro
E-mail: fpolicastro@gardner-webb.edu
Local Phone: (704) 406-4375
Toll Free Phone: (877) 498-4723
Fax: (704) 406-2261

Title: Director of Graduate Business Programs and Associate Professor of International Business and Finance


Campus: Boiling Springs


Education:

  • The University of Texas Pan American

Ph.D. in International Business, May 2004

Concentration: Finance

 

  • Edgewood College

Master of Business Administration, 1997

 

  • Universidad De Oriente, Venezuela

B.S. in Accounting, 1993

Concentration: Accounting

 

Professional Experience:

  • Associate Professor and Director of Graduate School of Business: Gardner-Webb University, Boiling Springs, NC, 2004-Present
  • Lecturer: The University of Texas− Brownsville, Brownsville, TX, 2002-2004
  • Research and Teaching Assistant: The University of Texas—Pan American, Edinburg, TX, 1999-2002
  • Instructor: Universidad De Oriente, Puerto la Cruz, Venezuela, 1993
  • Teaching Assistant: Universidad De Oriente, Puerto la Cruz, Venezuela, 1989-1992
  • International Consulting: Le TreSorelle Restaurant, West Palm Beach, FL, USA, 2000
  • Supervisor, Student Worker: Oscar Rennebohm Library - Edgewood College, Madison, WI, USA, 1996
  • Auditor: Amundaray, Villalta & Asociados, Puerto la Cruz, Venezuela, 1993
  • Co-Owner & Manager: Maquinas Games C.A., Puerto la Cruz, Venezuela, 1990-1992.
  • Internal Auditor, Restaurant Manager and Financial Advisor: Hoteles Gaetas C.A., Puerto la Cruz, Venezuela, 1987-1989

 

Awards, Honors & Certifications:

  • Gardner-Webb University Godbold School of Business Faculty Scholarship of the Year, 2010
  • Gardner-Webb University Godbold School of Business MBA Teacher of the Year, 2008
  • Gardner-Webb University School of Business Service Award, 2006
  • Business Professionals of America Service Award, 2004
  • Beta Gamma Sigma, University of Texas Pan American, 2004
  • B.S. graduated Cum Laude, Universidad de Oriente, Venezuela, 1993
  • B.S. Class Valedictorian (Ranked 3rd out of 87), Universidad de Oriente, Venezuela, 1993
  • Dean’s list for five terms, Universidad de Oriente, Venezuela, 1987-1993

 

Professional Interests:

Research Interest

  • Market Efficiency
  • International Business & Finance
  • Banking and other industries performance measurement (efficiency)
  • Financial Time Series Analysis
  • Mergers and Acquisitions

 

Teaching Interest

  • Undergraduate Level:

International Business, International Finance, International Economics, International Trade, Managerial Finance, Principle of Investments, Financial Markets and Institutions, Commercial Banking, Principle of Accounting, Corporate Finance, and Business Statistics.

  • Masters Level:

International Business, International Finance, International Economics, International Trade, Portfolio Management, Corporate Finance, Managerial Economics, Marketing Research, Multivariate Analysis, and Time Series Analysis.

  • Doctoral Level:

Seminar in International Business, Seminar in International Finance,  Seminar in International Trade, Seminar in Portfolio Management, Advanced Research Methods, Multivariate Analysis, and Time Series Analysis.

 

Current Projects:

  • “Bank Mergers and Acquisitions in Latin America: Have They Lead to Increases in Risk?” Co-authored with A Rivas. and T. Ozuna
  • “Do Diverse Types of Bank Merger Targets Experience Similar Wealth Gains? Evidence from Latin America” Co-authored with A. Rivas and T. Ozuna
  • “Does the Use of Derivatives Increase the Bank Efficiency? Evidence from Latin American Banks” Co-authored with A. Rivas and T. Ozuna
  • “The Use of Derivatives by Latin American Banks: Risk Hedging or Speculative Gambles” Co-authored with A. Rivas and T. Ozuna
  • “Characterizing the Use of Derivatives by Latin American Banks” Co-authored with A. Rivas and T. Ozuna
  • “The Effects of M&A on Latin American Banks Efficiency” with A. Rivas
  • “The Effects of Latin American Bank M&A on Shareholders Wealth,” with T. Ozuna
  • “The Effects of M&A on LA Banks’ Risk,” with T. Ozuna
  • “The Effects of Ownership Differences on Latin American Bank Efficiency”
  • “The Impact of IT Investments on Latin American Banks Efficiency”
  • “GARCH Effects and Cointegration: Forward Exchange Market Unbiasedness?” with A. Rivas
  • “Measuring Latin American Companies Efficiency: A DEA Approach” with A. Rivas
  • “The Effects of Derivatives Uses on the Efficiency of LA Banks” with A. Rivas

 

Selected Publications:

  • “The Use of Derivatives by Latin American Banks: Risk Hedging or Speculative Gambles,” A. Rivas, T. Ozuna and F. Policastro. Journal of International Finance and Economics (Accepted for publication in 2011).
  • “An Empirical Analysis of the Use of Derivatives by Banks in Brazil, Chile, and Mexico” Policastro, Rivas and Ozuna. Global Journal of International Business Research Vol. 3. No. 3. 2010 (ISSN 1933-3471,  September 20, 2010).
  • “Does the Use of Derivatives Increase Bank Efficiency?  Evidence From Latin American Banks”.  Policastro, Rivas and Ozuna. International Business & Economics Research Journal (IBER). Volume 5, Number 11, November 2006.
  • “The Effect of Merger and Acquisitions on the Wealth, Risk and Efficiency of Latin American Banks” Edinburg TX, April 2004. Dissertation for Ph.D. in International Business.
  • “Doing Business in United States – A Handout for Foreigners.” Madison WI, May 1997. Thesis for MBA
  • “Análisis de las Declaraciones Según Normas y Procedimientos de Auditoría.” Published by Universidad de Oriente. Venezuela, March 1993
  •  “Modelo de Terminal de Carga Contenerizada para el Puerto de Guanta.” Published by Universidad de Oriente. Venezuela, March 1993.
  • “Análisis de la Planeación Estratégica de una Unidad Comercial, Cartera de Unidades, Estrategia de Insumos y Alienaciones Externas.” Published by the Universidad de Oriente, Venezuela. March 1993

 

Manuscripts Submitted:

  • “Bank Mergers and Acquisitions in Latin America: Have They Lead to Efficiency Gains?” Co-authored with A Rivas. and T. Ozuna. Submitted to Journal of International Financial Markets, Institutions & Money.
  • "Do Diverse Types of Bank Merger Targets Experience Similar Wealth Gains? Evidence from Latin America" A. Rivas, T. Ozuna and F. Policastro.
  • “Modelo de Terminal de Carga Contenerizadapara el Puerto de Guanta.” Published by Universidad de Oriente. Venezuela, March 1993
  • “Análisis de la Planeación Estratégica de una Unidad Comercial, Cartera de Unidades, Estrategia de Insumos y AlienacionesExternas.” Published by the Universidad de Oriente, Venezuela. March 1993