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Stuart L. Gillan

Title: Professor

Department: Finance, Insurance, Real Estate and Law

College: College of Business

Curriculum Vitae

Curriculum Vitae Link

Education

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

Current Scheduled Teaching

FINA 5340.001Mergers and AcquisitionsSpring 2025
FINA 4900.002Special ProblemsSpring 2025
FINA 6950.712Doctoral DissertationFall 2024
FINA 6010.001Seminar in Business AdministrationFall 2024
FINA 5330.001Sustainable FinanceFall 2024
Texas Education Code 51.974 (HB 2504) requires each institution of higher education to make available to the public, a syllabus for undergraduate lecture courses offered for credit by the institution.

Previous Scheduled Teaching

FINA 6950.701Doctoral DissertationSpring 2024
FINA 5340.001Mergers and AcquisitionsSpring 2024 SPOT
FINA 6010.001Seminar in Business AdministrationFall 2023
FINA 5330.001Sustainable FinanceFall 2023 SPOT
FINA 5340.001Mergers and AcquisitionsSpring 2023 SPOT
FINA 6010.001Seminar in Business AdministrationFall 2022
FINA 4330.001Sustainable FinanceFall 2022 Syllabus SPOT
FINA 5330.001Sustainable FinanceFall 2022 SPOT
FINA 5340.001Mergers and AcquisitionsSpring 2022 SPOT
FINA 4650.002Special Topics in FinanceSpring 2022 Syllabus SPOT
FINA 5330.001Sustainable FinanceSpring 2022 SPOT
FINA 6010.001Seminar in Business AdministrationFall 2021 SPOT
FINA 5340.001Mergers and AcquisitionsSpring 2021 SPOT
FINA 4650.002Special Topics in FinanceSpring 2021 Syllabus SPOT
Texas Education Code 51.974 (HB 2504) requires each institution of higher education to make available to the public, a syllabus for undergraduate lecture courses offered for credit by the institution.

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
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Overall
Summative Rating		 Challenge and
Engagement Index		 Response Rate

out of 5
out of 7		 %
of
students responded
  • Overall Summative Rating (median):
    This rating represents the combined responses of students to the four global summative items and is presented to provide an overall index of the class’s quality. Overall summative statements include the following (response options include a Likert scale ranging from 5 = Excellent, 3 = Good, and 1= Very poor):
    • The course as a whole was
    • The course content was
    • The instructor’s contribution to the course was
    • The instructor’s effectiveness in teaching the subject matter was
  • Challenge and Engagement Index:
    This rating combines student responses to several SPOT items relating to how academically challenging students found the course to be and how engaged they were. Challenge and Engagement Index items include the following (response options include a Likert scale ranging from 7 = Much higher, 4 = Average, and 1 = Much lower):
    • Do you expect your grade in this course to be
    • The intellectual challenge presented was
    • The amount of effort you put into this course was
    • The amount of effort to succeed in this course was
    • Your involvement in course (doing assignments, attending classes, etc.) was
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