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College of Business Administration

College of Business Administration

Business Building Hours:
Mon-Thu: 7 am - 10 pm
Friday: 7 am - 5 pm
Saturday: Closed
Sunday: Noon - 10 pm

Student Success Center
1001 Business Building
Kansas State University
Manhattan, KS 66506
785-532-6180

Dean's Office
2019 Business Building
Kansas State University
Manhattan, KS 66506
785-532-7227

Hardy Johnson

Brian Arthaud-Day
Assistant Professor
Department of Finance
Office:3052 Business Building
Mailing Address:2097 Business Building
1301 Lovers Lane 
Manhattan, KS 66506
Phone:785-532-6992
Email:bhjohnson@k-state.edu

Research Goals

Hardy Johnson studies market microstructure with a focus on odd lot orders and trades.  His primary research goal is to understand the role of odd lot trades, how they are used by individuals and institutions, and to explain their growing prevalence in modern markets.

Recent Publications

  • Are all odd-lots the same? Odd-lot transactions by order submission and trader type, with Bonnie Van Ness and Robert Van Ness, 2017, Journal of Banking and Finance

  • Odd lot order aggressiveness and stealth trading, with Brian Roseman, 2017, The Journal of Financial Research

  • Are odd lot orders informed?, with Jim Upson, 2017, The Financial Review

  • Tailored versus mass produced: Portfolio managers concurrently managing separately managed accounts and mutual funds, with Fan Chen and Sabuhi Sardarli, 2017, The Financial Review

  • Odd lot trades: The behavior, characteristics, and information content, over time, 2014, The Financial Review

Areas of Teaching

Investments, financial institutions and markets, principals of finance, corporate finance, and international finance

Education

Ph D, University of Mississippi, 2013

MBA, University of Alabama at Birmingham, 2002

BS, Auburn University, 2000