Dr. Stuart L. Gillan
University of North Texas
Finance, Insurance, Real Estate and Law
(940-565-3147)
Email:

Education

PhD, University of Texas, 1995.
Major: Finance
Mcom, University of Otago, 1992.
Major: Accounting

Professional Positions

Academic - Post-Secondary
Mercer W. Hull Professor of Finance, University of Georgia. (2018 – 2020).
Associate Professor of Finance, University of Georgia. (2011 – 2018).
Associate and Jerry S. Rawls Professor, Texas Tech. (2006 – 2011).

Teaching

Teaching Experience

University of North Texas
FINA 4330, Sustainable Finance, 1 course.
FINA 4650, Special Topics in Finance, 2 courses.
FINA 5330, Sustainable Finance, 3 courses.
FINA 5340, Mergers and Acquisitions, 4 courses.
FINA 6010, Seminar in Business Administration, 3 courses.
FINA 6950, Doctoral Dissertation, 1 course.

Directed Student Learning

Dissertation Committee Chair,"Essays in ESG," Finance, Insurance, Real Estate and Law. (December 1, 2023 – Present).

Major Professor,"Second year paper," Finance, Insurance, Real Estate and Law. (May 2023 – November 2024).

Doctoral Comprehensive Exam Member or Grader, Finance, Insurance, Real Estate and Law. (2023 – 2023).

Dissertation Committee Member, Finance, Insurance, Real Estate and Law. (September 2020 – 2023).

Doctoral Comprehensive Exam Member or Grader, Finance, Insurance, Real Estate and Law. (2022 – 2022).

Doctoral Comprehensive Exam Member or Grader, Finance, Insurance, Real Estate and Law. (2022 – 2022).

Doctoral Comprehensive Exam Member or Grader, Finance, Insurance, Real Estate and Law. (2021 – 2021).

Research

Published Intellectual Contributions

Editorial, Journal
Gillan, S. L., Wei, K. C. (2020). Environmental, social, and governance issues: Emerging markets and beyond: An introduction to the special issue. Journal of Corporate Finance. 61, . https://api.elsevier.com/content/abstract/scopus_id/85081260869
Gillan, S. L. (2006). Recent Developments in Corporate Governance: An Overview. Journal of Corporate Finance. 12(3), 381-402. https://api.elsevier.com/content/abstract/scopus_id/33645901855
Journal Article
Nguyen, N., Gillan, S. L. (2024). Shareholder voting on golden parachutes: Effective governance or too little too late?. Journal of Business Finance & Accounting. https://onlinelibrary.wiley.com/doi/epdf/10.1111/jbfa.12776
Nguyen, N., Gillan, S., Nishikawa, T. (2023). Heterogeneity in shareholder activism: Evidence from Japan. Pacific-Basin Finance Journal. 77, . Elservier. https://www.sciencedirect.com/science/article/pii/S0927538X2200186X
Gillan, S., Koch, A., Starks, L. T. (2021). Firms and Social Responsibility: A Review of ESG and CSR Research in Corporate Finance. Journal of Corporate Finance. 66(Article 101889), .
Nguyen, N., Gillan, S. L. (2018). Clawbacks, holdbacks, and CEO contracting. Journal of Applied Corporate Finance. 30(1), 53-61. https://onlinelibrary.wiley.com/doi/abs/10.1111/jacf.12277
Gillan, S. L., Hartzell, J. C., Koch, A., Starks, L. T. (2018). Getting the incentives right: Backfilling and biases in Executive compensation data. Review Of Financial Studies. 31(4), 1460-1468. https://api.elsevier.com/content/abstract/scopus_id/85045839479
Gillan, S. L., Nguyen, N. Q. (2016). Incentives, termination payments, and CEO contracting. Journal of Corporate Finance. 41, 445-465. https://api.elsevier.com/content/abstract/scopus_id/84995607519
Cohn, J. B., Gillan, S. L., Hartzell, J. C. (2016). On Enhancing Shareholder Control: A (Dodd-) Frank Assessment of Proxy Access. Journal of Finance. 71(4), 1623-1668. https://api.elsevier.com/content/abstract/scopus_id/84978431618
Gillan, S. L., Panasian, C. A. (2015). On Lawsuits, Corporate Governance, and Directors' and Officers' Liability Insurance. Journal of Risk and Insurance. 82(4), 793-822. https://api.elsevier.com/content/abstract/scopus_id/84958743006
Gillan, S. L., Panasian, C. A. (2014). On litigation risk and disclosure complexity: Evidence from canadian firms cross-listed in the US. Other. 49(4), 426-454. https://api.elsevier.com/content/abstract/scopus_id/84918818632
Fan, J. P., Gillan, S. L., Yu, X. (2013). Property rights, R&D spillovers, and corporate accounting transparency in China. Other. 15, 34-56. https://api.elsevier.com/content/abstract/scopus_id/84877136716
Cashman, G. D., Gillan, S. L., Jun, C. (2012). Going overboard? On busy directors and firm value. Journal of Banking and Finance. 36(12), 3248-3259. https://api.elsevier.com/content/abstract/scopus_id/84866883264
Gillan, S. L., Hartzell, J. C., Starks, L. T. (2011). Tradeoffs in Corporate Governance: Evidence from Board Structures and Charter Provisions. Other. 1(4), 667-705. https://api.elsevier.com/content/abstract/scopus_id/84892993192
Gillan, S. L., Hartzell, J. C., Parrino, R. (2009). Explicit versus implicit contracts: Evidence from CEO employment agreements. Journal of Finance. 64(4), 1629-1655. https://api.elsevier.com/content/abstract/scopus_id/68249158391
Gillan, S. L., Martin, J. D. (2007). Corporate governance post-Enron: Effective reforms, or closing the stable door?. Journal of Corporate Finance. 13(5), 929-958. https://api.elsevier.com/content/abstract/scopus_id/36349002800
Bethel, J. E., Gillan, S. L. (2002). The impact of the institutional and regulatory environment on shareholder voting. Financial Management. 31(4), 29-54. https://api.elsevier.com/content/abstract/scopus_id/0036946393
Gillan, S. L., Starks, L. T. (2000). Corporate governance proposals and shareholder activism: The role of institutional investors. Journal of Financial Economics. 57(2), 275-305. https://api.elsevier.com/content/abstract/scopus_id/0000353081
Deli, D. N., Gillan, S. L. (2000). On the demand for independent and active audit committees. Journal of Corporate Finance. 6(4), 427-445. https://api.elsevier.com/content/abstract/scopus_id/0041411712
Gillan, S. L., Kensinger, J. W., Martin, J. D. (2000). Value creation and corporate diversification: The case of Sears, Roebuck & Co.. Journal of Financial Economics. 55(1), 103-137. https://api.elsevier.com/content/abstract/scopus_id/0033632922
Campbell, C. J., Gillan, S. L., Niden, C. M. (1999). Current perspectives on shareholder proposals: Lessons from the 1997 proxy season. Financial Management. 28(1), 89-98. https://api.elsevier.com/content/abstract/scopus_id/0033440909

Presentations Given

Invited Talk

Gillan, S. (Author & Presenter), Do Firms Cater to Investor Demand for Environmental Investment?, Universidad de Montevideo (Uruguay), Uruguay. (2021 – 2021).

Gillan, S. (Presenter), Rhodes, M. (Presenter), McCarry, J. (Presenter), COVID-19 Related Impacts to Financial Markets, Financial Executives International, Dallas, United States of America. (2020 – 2020).

Gillan, S. (Author & Presenter), Nguyen, N. (Author), Shareholder Voting on Golden Parachutes: Effective Governance or Too Little Too Late?, North Carolina State University, Raleigh, NC, United States of America. (2019 – 2019).

Gillan, S. (Author & Presenter), Nguyen, N. (Author), Shareholder Voting on Golden Parachutes: Effective Governance or Too Little Too Late?, University of Wisconsin Milwaukee, Milwaukee, WI, United States of America. (2019 – 2019).

Keynote/Plenary Address

Gillan, S. L. (Author & Presenter), Japanese Finance Association Annual conference, On Governance and ESG, Japanese Finance Association, Virtual, Japan. (2022 – 2022).

Paper

Nishikawa, T. (Author & Presenter), Nguyen, N. Q. (Author), Gillan, S. L. (Author), 2022 FMA Annual Conference, Heterogeneity in shareholder activism: Evidence from Japan, Financial Management Association, Virtual, United States of America. (2022 – 2022).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Nishikawa, (Author), JFA-PBFJ Special Issue Conference, Heterogeneity in Shareholder Activism: Evidence from Japan, Japan. (2022 – 2022).

Gillan, S. (Author), Do Firms Cater to Investor Demand for Environmental and Social Responsibility?, EDHEC Business School, France. (2021 – 2021).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), FIREL department seminar, Shareholder Voting on Golden Parachutes: Effective Governance or Too Little Too Late?, United States of America. (2020 – 2020).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Financial Management Association annual meeting, When shareholders and managers disagree: Evidence from shareholder voting, United States of America. (2018 – 2018).

Nguyen, N. (Author), Gillan, S. (Author & Presenter), American University seminar, When shareholders and managers disagree: Evidence from shareholder voting, United States of America. (2017 – 2017).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Financial Management Association annual meeting, On the labor market for Chief Financial Officers, United States of America. (2017 – 2017).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Midwest Financial Association annual meeting, When shareholders and managers disagree: Evidence from shareholder voting, United States of America. (2017 – 2017).

Nguyen, N. (Author), Gillan, S. (Author & Presenter), Chinese University of Hong Kong seminar, Incentives, termination payments, and CEO contracting, United States of America. (2016 – 2016).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Financial Management Association annual meeting, Incentives, termination payments, and CEO contracting, United States of America. (2016 – 2016).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Midwest Financial Association annual meeting, On the labor market for Chief Financial Officers, United States of America. (2016 – 2016).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Midwest Financial Association annual meeting, Incentives, termination payments, and CEO contracting, United States of America. (2015 – 2015).

Nguyen, N. (Author), Gillan, S. (Author & Presenter), University of Rochester seminar, Incentives, termination payments, and CEO contracting, United States of America. (2014 – 2014).

Nguyen, N. (Author), Gillan, S. (Author & Presenter), Georgia State University seminar, Incentives, termination payments, and CEO contracting, United States of America. (2012 – 2012).

Professional Meeting Contribution

Gillan, S. (Author & Presenter), Panasian, C. (Author), Muenkel, F. (Author), Financial Management Association International Annual Meeting, Voting Matters: Evidence from S&P 500 Index Additions, Financial Management Association International, New Orleans, LA, United States of America. (2019 – 2019).

Service

University Service

Committee Member, Faculty recruiting committee (Head of Department). (October 2023 – Present).

Committee Member, Masters in Finance Committee. (August 31, 2022 – Present).

Member, Mentor. (August 31, 2021 – Present).

Committee Member, RCOB Faculty Research committee. (December 2022 – December 2024).

Other, Hosted research scholar. (November 29, 2023 – December 1, 2023).

Member, Mentor. (August 31, 2021 – August 31, 2023).

Member, Doctoral Committee. (2021 – 2022).

Committee Member, Faculty recruiting committee (tenure track). (September 2020 – 2022).

Chairperson, RCOB Faculty Research committee. (September 2020 – December 2022).

Member, FIREL executive committee. (September 2020 – September 2022).

Committee Member, FIREL personnel affairs committee. (September 2020 – September 2022).

Co-Chair, Ad hoc Department Research Plan Committee. (2021 – 2021).

Attendee, Meeting, Recruiting (clinical). (2021 – 2021).

Professional Service

Discussant, Journal of Corporate Finance Special Issue Conference on Ownership and Corporate Social and Sustainable Policies. (2023 – Present).

Editor, Guest Editor, Journal of Corporate Finance Special Issue Conference on Ownership and Corporate Social and Sustainable Policies. (2023 – Present).

Session Chair, Journal of Corporate Finance Special Issue Conference on Ownership and Corporate Social and Sustainable Policies. (2023 – Present).

Reviewer, Conference Paper, CSR, the Economy and Financial Markets. (2023 – 2023).

Reviewer, Journal Article, Financial Management. (2023 – 2023).

Reviewer, Journal Article, Financial Management. (2023 – 2023).

Reviewer, Journal Article, Global Finance Journal. (2023 – 2023).

Reviewer, Journal Article, Journal of Corporate Finance. (2023 – 2023).

Reviewer, Journal Article, Journal of Corporate Finance. (2023 – 2023).

Reviewer, Journal Article, Journal of Corporate Finance. (2023 – 2023).

Committee Member, Journal of Corporate Finance Special Issue Conference on Ownership and Corporate Social and Sustainable Policies. (2023 – 2023).

Reviewer, Journal Article, Journal of Financial and Quantitative Analysis. (2023 – 2023).

Reviewer, Journal Article, Contemporary Accounting Research. (2022 – 2022).

Attendee, Meeting, FIREL Seminar Series. (2022 – 2022).

Reviewer, Journal Article, Journal of Corporate Finance. (2022 – 2022).

Reviewer, Journal Article, Journal of Corporate Finance. (2022 – 2022).

Reviewer, Journal Article, Journal of Financial and Quantitative Analysis. (2022 – 2022).

Conference-Related, Financial Management Association. (2021 – 2021).

Discussant, Financial Management Association International. (2021 – 2021).

Reviewer, Journal Article, Journal of Corporate Finance. (2021 – 2021).

Reviewer, Journal Article, Journal of Corporate Finance. (2021 – 2021).

Reviewer, Journal Article, Journal of Financial and Quantitative Analysis. (2021 – 2021).

Reviewer, Conference Paper, Midwest Finance Assocaiation. (2021 – 2021).

Reviewer, Journal Article, Review of Financial Studies. (2021 – 2021).

Reviewer, Ad Hoc Reviewer, University of New Hampshire. (2021 – 2021).

Reviewer, Ad Hoc Reviewer, University of Waterloo. (2021 – 2021).

Reviewer, Conference Paper, SFS Cavalcade. (January 2021 – January 2021).

Reviewer, Journal Article, Management Science. (2020 – 2020).

Track Organizer, Midwest Finance Association Annual Meeting. (2020 – 2020).

Reviewer, Journal Article, Review of Financial Economics. (2020 – 2020).

Reviewer, Journal Article, Review of Financial Studies. (2020 – 2020).

Reviewer, Ad Hoc Reviewer, Various. (2020).

Reviewer, Conference Paper, Lonestar Finance Symposium, Denton, TX. (September 18, 2020 – September 18, 2020).

Track Organizer, Financial Management Association International Annual Meeting. (2019 – 2019).