World's Best Scientists 2026 revealed!

D-Index & Metrics

Business and Management

D-Index
56
Citations
32321
World Ranking
676
National Ranking
297

Economics and Finance

D-Index
56
Citations
32313
World Ranking
969
National Ranking
605

Research.com Recognitions

  • Fellow of the Financial Institutions Center (FIC)
  • Fellow of the Financial Institutions Center (FIC)
  • Fellow of the Financial Institutions Center (FIC)
  • Fellow of the Financial Institutions Center (FIC)
  • Fellow of the Financial Institutions Center (FIC)

Overview

Wayne R. Guay is affiliated with the University of Pennsylvania in the United States. Their research predominantly resides within the field of Business, Management, and Accounting, with a specific focus on Accounting and Finance.

Their scholarly work encompasses several subfields, including Corporate Finance and Governance, Auditing, Earnings Management, and Governance, Financial Markets and Investment Strategies, as well as Corporate Taxation and Avoidance.

Guay has contributed to the following recent papers, detailing topics relevant to corporate governance, insider trading, and performance metrics:

  • Relative Performance Evaluation and the Peer Group Opportunity Set (2021), published in SSRN Electronic Journal
  • Determinants of Insider Trading Windows (2021), published in SSRN Electronic Journal
  • Multidimensional Corporate Governance (2020), published in SSRN Electronic Journal
  • Is U.S. CEO Compensation Broken? (2023), published in SSRN Electronic Journal
  • Internal Information Quality and Performance Metric Selection (2025), published in SSRN Electronic Journal

Frequent co-authors include:

  • Kevin D. Chen
  • John E. Core
  • Matthew J. Bloomfield
  • Oscar Timmermans
  • Shawn Kim

Guay's publications are primarily disseminated through the SSRN Electronic Journal, which hosts the majority of their recent scholarly output.

They have been recognized as a Fellow of the Financial Institutions Center (FIC), an award indicating engagement with financial institutions research and community.

Best Publications

  • The use of equity grants to manage optimal equity incentive levels

    John E Core;Wayne R Guay

  • The role of information and financial reporting in corporate governance and debt contracting

    Christopher S. Armstrong;Wayne R. Guay;Joseph P. Weber

  • Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility

    John E Core;Wayne R Guay

  • The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants ☆

    Wayne R. Guay

  • A Market-Based Evaluation of Discretionary-Accrual Models

    W. Guay;S.P. Kothari;Ross Watts

  • The Role of the Business Press as an Information Intermediary

    Brian J Bushee;John E Core;Wayne R Guay;Sophia J. W Hamm

  • Does Weak Governance Cause Weak Stock Returns? An Examination of Firm Operating Performance and Investors' Expectations

    John E. Core;Wayne R. Guay;Tjomme O. Rusticus

  • Executive Equity Compensation and Incentives: A Survey

    John E. Core;Wayne R. Guay;David F. Larcker

  • A Market-Based Evaluation of Discretionary-Accrual Models

    Wayne R. Guay;S. P. Kothari;Ross L. Watts

  • The power of the pen and executive compensation.

    John E Core;Wayne R Guay;David F Larcker

  • Tax Aggressiveness and Corporate Transparency

    Karthik Balakrishnan;Jennifer L. Blouin;Wayne R. Guay

  • Stock option plans for non-executive employees

    John E. Core;Wayne R. Guay

  • How Much Do Firms Hedge With Derivatives

    Wayne R Guay;S. P Kothari

  • Guiding Through the Fog: Financial Statement Complexity and Voluntary Disclosure

    Wayne R. Guay;Delphine Samuels;Daniel J. Taylor

  • The Cash-Flow Permanence and Information Content of Dividend Increases Versus Repurchases

    Wayne R Guay;Jarrad Harford

  • Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility

    Wayne R. Guay;John E. Core

  • Stock Option Plans for Non-Executive Employees

    Unknown

  • The impact of derivatives on firm risk: An empirical examination of new derivative users

    Wayne R Guay

  • Properties of implied cost of capital using analysts’ forecasts:

    Wayne R Guay;S. P Kothari;Susan Shu

  • Is Accruals Quality a Priced Risk Factor

    John E Core;Wayne R Guay;Rodrigo S Verdi

  • Market valuations in the New Economy: an investigation of what has changed

    John E. Core;Wayne R. Guay;Andrew Van Buskirk

  • Price versus Non‐Price Performance Measures in Optimal CEO Compensation Contracts

    John E. Core;Wayne R. Guay;Robert E. Verrecchia

Frequent Co-Authors

Robert E. Verrecchia
Robert E. Verrecchia University of Pennsylvania
David F. Larcker
David F. Larcker Stanford University
Martin J. Conyon
Martin J. Conyon Bentley University
Randall S. Thomas
Randall S. Thomas Vanderbilt University
Richard G. Sloan
Richard G. Sloan University of Southern California
Jarrad Harford
Jarrad Harford University of Washington

If you think any of the details on this page are incorrect, let us know.

Report an issue

We appreciate your kind effort to assist us to improve this page, it would be helpful providing us with as much detail as possible in the text box below:

Related Online Degrees & Career Pathways

As the fields of Economics and Finance continue to evolve, a variety of online degree programs offer new opportunities for career growth. For those interested in data analysis and strategic decision-making, an online master's in business intelligence provides advanced training in analytics—highly valued in today’s business landscape.

If business leadership is your goal, consider the flexibility of mba programs online no gmat, which remove barriers to admission and are ideal for working professionals. Additionally, pursuing an mba under 25k can help you achieve your educational goals without incurring heavy debt.

For those leaning toward marketing and online business trends, a digital marketing degree with social media specialization equips you with the tools to navigate the modern digital marketplace. Each pathway offers specialized knowledge and broadens your career options within the world of Economics and Finance.

Best Scientists Citing Wayne R. Guay

Trending Scientists

Recently Published Articles