Faculty & Staff Directory

Education

• PhD, University of Utah
• BA, University of California Berkeley

Areas of Expertise/Research

• Corporate Finance
• Law & Economics

Professional Experience and Consulting

• Academic Fellow, U.S. Securities and Exchange Commission 2002 to 2004
• Incentive Labs LLC, Compensation Analyst 
• Equity Methods LLC, Valuation Consultant

Selected Publications

• “The Choice of Peers for Relative Performance Evaluation in Executive Compensation” with Swami Kalpathy, Frank Li, and Brian Young, Review of Finance, April 2022. 
• “CEO Political Leanings and Store-Level Economic Activity during Covid-19 Crisis:  Effects on Shareholder Value and Public Health,” with Swami Kalpathy, Vassil Mihov, and Jue Ren, Journal of Finance, August 2022.
• "Performance Contingencies in CEO Equity Awards and Debt Contracting," with Swami Kalpathy and Vassil Mihov, The Accounting Review, September 2019.
• “Performance-Vesting Provisions in Executive Compensation,” with Carr Bettis, Jeff Coles, and Swami Kalpathy, Journal of Accounting and Economics, August 2018.
• “Are all CEOs above Average? An Empirical Analysis of Compensation Peer Groups and Pay Design,” with Mike Lemmon and Thanh Ngyuen, Journal of Financial Economics, June 2011.

Honors and Awards

• 2015 J.R. Beyster Fellowship, for “Performance-contingent equity awards to nonexecutive employees.”
• 2014 EFMA Larry Lang Award, Best Paper in Corporate Governance, “Performance-Vesting Provisions in Executive Compensation.”
• AACSB/GMAC National Doctoral Fellowship in Business and Management - 1989
• Distinction at graduate, University of California, Berkeley - 1983