Jeff Royer
Exploring the intersection of agricultural economics and financial modeling, Jeff Royer serves as a distinguished professor in the Department of Agricultural Economics at the University of Nebraska-Lincoln. With a keen focus on capital budgeting for cooperatives, Royer has dedicated his academic career to advancing the understanding of financial strategies within the agricultural sector. His expertise lies in the innovative application of the Modified Capital Asset Pricing Model (MCAPM), a tool he employs to estimate the cost of equity for privately held companies and cooperatives. Royer's research delves into the complexities of developing proxy betas and integrating firm-specific risk premiums in MCAPM analyses. This work is particularly significant for cooperatives and other organizations that face challenges in utilizing traditional CAPM due to the absence of publicly traded equity. By addressing these challenges, Royer provides crucial insights that aid in the financial decision-making processes of these entities. In addition to his research, Royer is committed to educating the next generation of economists, sharing his knowledge and passion for agricultural economics with students at the University of Nebraska-Lincoln. His contributions to the field are not only academic but also practical, offering valuable perspectives that enhance the financial viability and strategic planning of cooperatives and similar organizations. Through his work, Jeff Royer continues to influence the landscape of agricultural economics, ensuring that cooperatives and privately held firms have the tools and knowledge necessary to navigate the complexities of modern financial markets. His dedication to both research and teaching underscores his role as a pivotal figure in the field, bridging the gap between theoretical models and real-world applications.