Bio

Degree

PhD in Finance

Southern Illinois University

MBA

Southern Illinois University of Carbondale

BA in Biology

Knox College

Published Works

• Elsey, A., Cheng, S., Fayman, A. (2025). The Impact of the Community Reinvestment Act Rankings on Bank Performance. [Manuscript submitted for publication].
• Cheng, S., Fayman, A. . Community Banks and U.S. State-Level Politics. (in press).
• Cheng, S., Fayman, A. (2023). U.S. State Politics and Bank Performance. The Banking and Finance Review, 14(1), 13-24. .
• Chen, S., Fayman, A., Mayes, T. (2023). U.S. Community Banks post the 2008 Financial Crisis: A Logit Regression Analysis. International Journal of Finance & Banking Studies, 12(1), 10-20. https://doi.org/10.20525/ijfbs.v12i1.2366.
• Fayman, A. (2023). Politics, Banking and the Covid Pandemic. Managerial Finance.
• Fayman, A., Chen, S., Mayes, T. (2022). Community Banks versus National Banks: post the Great Recession. Economic Notes-Review of Banking, Finance and Monetary Economics, 51(2). .
• Fayman, A., Chen, S., Mayes, T. (2022). Elimination of the Reserve Requirement: Impact on Liquidity at Community Banks vs. Non-Community Banks. Managerial Finance, 48(6), 939-952. https://doi.org/10.1108/MF-09-2021-0441.
• Fayman, A., Hernandez-Julian, R., Mayes, T. (2020). Population Density and Performance of Community and Non-Community Banks in the U.S.. The Banking and Finance Review, 12-14. .
• Fayman, A., Chen, S., Camp, L. P. (2019). The New Face of Commercial Banking. Banking and Finance Review, 11(1), 31-58. .
• Fayman, A., He, L., Casey, M. (2018). Politics in banking: does political party control impact bank risk and return?. Managerial Finance, 44(2), 1-12. .
• Noel, C., Fayman, A., Fayman, A. (2014). The impact of government imposed market frictions on U.S. bank portfolio allocations. American Journal of Management, 14(3), 51-63. .
• Jessica, D., Fayman, A., Jamie, M. (2011). An empirical examination of the stated purposes of issuer tender offers to purchase common stock. Financial Management, 40(4), 941-972. .
• Campbell, N., Heriot, K., Fayman, A. (2011). Growth in the number of firms and the Economic Freedom Index in a dynamic model of the U.S. States. Journal of Economics and Economic Education Research, 12(2), 51-54. .
• Campbell, N., Fayman, A., Rogers, T. (2011). Improving recession forecasts with business loan data for commercial banks. Journal of Applied Economics and Policy, 301-41. .
• Campbell, N., Fayman, A., K. C., H. (2011). Including U.S. State government regulation in the Economic Freedom of North America Index. Journal of Private Enterprise, XXV(2), 165-186. .
• Fayman, A., He, L. (2011). Prepayment risk and bank performance. Journal of Risk Finance, 12(1), 26-40. .
• Fayman, A., Jamie, M. (2011). The effect of employee and CEO participation on the success of the six-and-one stock option exchanges. Journal of Business Finance & Accounting.
• Marcia, C., Fayman, A., Hassan, T. (2011). Dividends, maturity and acquisitions: Evidence from a sample of bank IPOs.. Review of Financial Economics, 20(1), 11-21. .
• Fayman, A. (2010). Introduction to Economic Freedom of North America Index. (). Fraiser Institute.
• Fayman, A. (2009). A look at bank lending and performance leading up to the credit crisis. . Journal of Global Business.
• Fayman, A. (2009). Large banks versus small banks: Are they really that different?. Journal of Economic and Social Policy, 13(1), 1-12. .
• Fayman, A., He, L. (2008). Prepayment risk and bank performance in rising and falling interest rate environments. Bank Accounting and Finance, 21(5), 34-38. .

Research Interests

Financial markets and institutions and corporate finance.

Teaching Interests

Financial markets and institutions and corporate finance.