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Richard Bliss

Professor

Academic Division: Finance
781-239-5883

Bio

Dr. Bliss is a Professor of Finance at Babson College in Wellesley, Massachusetts. He has been involved in corporate and entrepreneurial finance since 1987, with industry experience that includes time at Touche Ross & Company in New York as a consultant, and senior financial positions at Van Camp Seafood Company and Safety One, Inc., a specialty chemicals start-up. He teaches at the undergraduate, MBA, and executive levels, specializing in the areas of Corporate Financial Strategy, Sustainability, Risk Management, and Entrepreneurial Finance. Prior to coming to Babson, Dr. Bliss was on the faculty at Indiana University and he has taught extensively in Central and Eastern Europe, including at the Warsaw School of Economics, Warsaw University, and the University of Ljubljana in Slovenia. He is a visiting faculty for the Technical University of Denmark’s Certificate in Entrepreneurial Leadership Program in Copenhagen. He has developed and delivered customized corporate training programs for Bausch & Lomb, Lucent Technologies, Irving Oil, the Slovak American Enterprise Fund in Bratislava, Slovakia, the Foundation for the Establishment of the Futures Exchange in Warsaw and Bright China Management Institute in Beijing. Most recently, Dr. Bliss is a member of the Babson team helping to develop and deliver the curriculum for the Goldman Sachs 10,000 Small Businesses Program, a US$500 million initiative designed to create jobs and spur economic activity through greater access to business education, mentors, networks and financial capital. With publications in the areas of corporate finance, entrepreneurship, and banking, Dr. Bliss has an active research agenda. His current research considers the impact of gender teamwork on mutual fund manager investment decisions. His work has been published in the Journal of Financial Economics, Derivatives Quarterly, and The Journal of Small Business Management, among others. He has also written numerous book chapters and case studies in the areas of corporate financial strategy, risk management, entrepreneurial finance, and emerging markets. His book, Entrepreneurial Finance: Strategy, Valuation & Deal Structure, co-authored with Janet Kiholm-Smith and Richard L. Smith, was published in April 2011 by the Stanford University Press. Dr. Bliss holds a Ph.D. in Finance and M.A. in Economics from Indiana University. He has also received his M.B.A. in Finance/Real Estate from Indiana University and graduated with honors from Rutgers University, earning a B.S. degree in Engineering and a B.A. degree in Economics.

Academic Degrees

  • Ph D, Indiana University
  • MBA, Indiana University
  • BA, Rutgers University
  • BS, Rutgers University

Academic Interests

Corporate Finance; Corporate Strategy; Entrepreneurial Finance

Courses

Degree Courses 2015-2016
  • FIN 7200: BL1 INTRODUCTION TO FINANCIAL MANAGEMENT
  • FIN 7517: FINANCING AND VALUING SUSTAINABILITY
  • SME 2021: PRINCIPLES OF FINANCE
  • FIN 7525: FINANCE FOR NEW VENTURES
  • FIN 7200: INTRODUCTION TO FINANCIAL MANAGEMENT

Publications

Journal Articles

  • Bliss, R.T., Potter, M.E., Schwarz, C. (2012). Decision making and risk aversion in the Cash Cab. , 84(1), 163-173.
  • Bliss, R.T., Polutnik, L. (2003). Women managers in Poland and the United States: A comparative analysis. Industrial Relations Journal, 34(3), 210-225.

Books

  • Bliss, R.T. (2009). Profitable Growth by Acquisition. New York: John Wiley & Sons, Inc.

Articles

  • Bliss, R.T. (2015, February 9) Shareholder Value and CSR: Friends or Foes?. CFO Magazine. New York City: CFO Magazine. link

Cases and Teaching Notes

  • Bliss, R.T., Potter, M.E. (in press). Sneaker 2013. 5. link
  • Hennessey, H.D., Bliss, R.T., Fetters, M.L. (2012). RCP: A Selling Case .

Book Chapters

  • Bliss, R.T. (2012). Private Equity: The Differences between Developed and Emerging Markets. In Derek Klonowski (Ed.), Private Equity in Emerging Markets: the New Frontiers of International Finance. New York, NY: Palgrave Macmillan

Reports

  • Bliss, R.T., Rochlin, S., Jordan, S., Kiser, C.Y. (2015). Project ROI: Defining the Competitive and Financial Advantages of Corporate Responsibility and Sustainability link
  • Greene, P.G., Bliss, R.T., Ceru, D.J., Donnellon, A., Fetters, M.L., Hernandez, B., Zimelis, A. (2014). Stimulating Small Business Growth: Progress Report on Goldman Sachs 10,000 Small Businesses. Babson College link

Presentations

  • Put a Number on It: The ROI of Corporate Responsibility
    Bliss, R., Rochlin, S., Stangis, D. Put a Number on It: The ROI of Corporate Responsibility Net Impact, Seattle, WA (2015)
  • Designing and Delivering Curriculum For Small Businesses
    Bliss, R. Designing and Delivering Curriculum For Small Businesses Midwest Educators Forum on Entrepreneurship, Mason City, Iowa (2015)

  • Bliss, R. NACCE (National Association for Community College Entrepreneurship) Conference, Phoenix, AZ (2014)
  • Introducing Social Responsibility/ Financial Concepts into Business Statistics
    Bliss, R. Introducing Social Responsibility/ Financial Concepts into Business Statistics Decision Sciences Institute 2011 Annual Meeting(2011)
  • Decision Making and Risk Aversion in the Cash Cab
    Bliss, R. Decision Making and Risk Aversion in the Cash Cab Academy of Behavioral Finance and Economics Annual Meeting(2010)
  • Decision Making and Risk Aversion in the Cash Cab
    Bliss, R. Decision Making and Risk Aversion in the Cash Cab Financial Management Association Annual Meeting(2010)
  • Jekyll or Hyde: Performance of Fund Managers Who Run Multiple Funds
    Potter, M., Bliss, R., Schwarz, C. Jekyll or Hyde: Performance of Fund Managers Who Run Multiple Funds 2007 Financial Management Association Conference, Orlando, FL, USA (2007)
  • Entrepreneurship vs. Privatization: The Case of Slovenia
    Polutnik, L., Bliss, R., Pahor, M. Entrepreneurship vs. Privatization: The Case of Slovenia Babson-Kaufmann Entrepreneurship Research Conference, Wellesley, MA (2007)
  • Corporate Governance and Privatization in Transition: The Case of Slovenia
    Polutnik, L., Bliss, R., Pahor, M. Corporate Governance and Privatization in Transition: The Case of Slovenia International Atlantic Economic Society Meeting, Madrid (2007)
  • Group Dynamics 101: Performance Characteristics of Individual vs. Team-Managed Mutual Funds
    Potter, M., Bliss, R., Schwarz, C. Group Dynamics 101: Performance Characteristics of Individual vs. Team-Managed Mutual Funds 2005 Financial Management Association Conference, Chicago, IL, USA (2005)
  • Group Dynamics 101: Performance Characteristics of Individual vs. Team-Managed Mutual Funds
    Potter, M., Bliss, R., Schwarz, C. Group Dynamics 101: Performance Characteristics of Individual vs. Team-Managed Mutual Funds 2005 Northeast Business and Economics Association Conference, Newport, RI, USA (2005)
  • Governance, Financial Performance, and Restructuring in Slovenian SMES
    Polutnik, L., Bliss, R. Governance, Financial Performance, and Restructuring in Slovenian SMES International Atlantic Economic Conference , Quebec (2003)
  • Business Development Services in Bosnia and Herzegovina and Macedonia: A Comparative Analysis
    Polutnik, L., Bliss, R. Business Development Services in Bosnia and Herzegovina and Macedonia: A Comparative Analysis 2003 Babson-Kauffman Entrepreneurship Research Conference , Wellesley, MA (2003)