He holds B.B.A. and M.B.A. degrees from the University of Missouri, Kansas City. His Ph.D. degree is from the University of Pittsburgh. In addition, he is a C.P.A. He earned the first place prize in the 1971 intermediate examination of the England based Association of International Accountants. In 1987, he received the Lilly Endowment Fellowship Award. His research interests are in the areas of Entrepreneurship and Small Business Management, Strategic Management, International and Management Accounting.