Wayne Guay Biography

The design of executive compensation contracts, stock-based incentives, corporate governance, the accuracy of financial reporting, the corporate information environment, and business valuation are the main areas of study for Professor Guay. Journal of Accounting & Economics, Journal of Accounting Research, Accounting Review, Journal of Financial Economics, Journal of Finance, American Economic Review, Michigan Law Review, and Economic Policy Review are among the publications that have published his papers. The Financial Executive Research Foundation chose his study on stock option accounting and valuation as the year's best article in The Accounting Review in 2002. He is now the Journal of Accounting & Economics editor. He has offered expert evidence in several high-profile legal cases as well as consultation with a number of businesses. The design of CEO remuneration and incentives, corporate governance, employee stock option value, insider trading, business valuation, and financial statement analysis are the main topics of his consultation and testimony. Financial accounting is a topic that Professor Guay teaches in the Core MBA Course. In 1998, he earned a Ph.D. in Accounting from the University of Rochester's Simon School of Business.

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