Bachelor of Science in Economics, London (England) School of Economics, 1955. Master of Business Administration, Cornell University, 1957. Doctor of Philosophy, Cornell University, 1960.
Research assistant, Cornell Univercity, Ithaca, New York, 1960; assistant professor finance, Sloan School, Massachusetts Institute of Technology, Cambridge, Massachusetts, 1960-1963; lecturer economics, Edinburgh (Scotland) U., 1963-1965; reader in economics, Edinburgh (Scotland) U., 1965-1972; professor management studies, Glasgow (Scotland) U., 1972-1992; retired, 1992. Member county Scottish Business School, Glasgow, 1976-1980.
Married Margaret Mary Cargill, May 8, 1970. Children: Neil, Catriona.