Professor Tod Perry

Professor Perry's primary areas of expertise and interest within corporate governance are Boards of Directors, Executive Compensation, and Disclosure.

Areas of Expertise

Corporate Finance, Corporate Governance, Sports Economics

Academic Degrees

• PhD, University of North Carolina
• JD, University of Virginia School of Law
• BBA, University of Notre Dame

Professional Experience

• Assistant Professor of Finance, Arizona State University, W.P. Carey School of Business
• Research Assistant and Graduate Instructor, University of North Carolina, Kenan-Flagler Business School
• Corporate Finance and Securities Attorney, Bell, Boyd, and Lloyd (Now K&L Gates)

Awards, Honors & Certificates

• KSBI MBA Teaching Excellence Award (2010, 2011, 2012, 2013, 2014, 2015, 2016,2020)
• Eli Lilly Alumni MBA Teaching Excellence Award – KSBI (2013)
• FDIC Center for Financial Research Grant (2006)
• BSI Gamma Foundation Grant (2004)
• Outstanding PhD Student, Kenan-Flagler Business School, University of North Carolina (1997-98)
• Kenan-Flagler Business School Cato Research Scholar, University of North Carolina (1997)

Selected Publications

• Awaysheh, A, R.A. Heron, T. Perry, and J.I. Wilson, “On the Relation Between CSR and Financial Performance.” Strategic Management Journal, Vol. 41, No. 6 (2020), 965-987.

• Perry, T., Adams, B. J., and Mahoney, C. (2018). The Challenges of Detection and Enforcement of Insider Trading. Journal of Business Ethics, 153(2), 375-388. View Full Text
• Perry, T., and Pollard, R. (2014). Grade Incomplete: Examining the Securities and Exchange Commission’s Attempt to Implement Credit Rating and Certain Corporate Governance Reforms of Dodd-Frank. Indiana Law Review, 47(1), 147-164.
• Adams, B., Frank, M. M., and Perry, T. (2011). The Potential for Inflating Earnings through the Expected Rate of Return on Defined Benefit Pension Plan Assets. Accounting Horizons, 25(3), 443-464.
• Adams, B., Carow, K., and Perry, T. (2009). Earnings Management and Initial Public Offerings: The Case of the Depository Industry. Journal of Banking & Finance, 33(12), 2363-2372.
• Durham, G., and Perry, T. (2008). The Impact of Sentiment on Point Spreads in the College Football Wagering Market. Journal of Prediction Markets, 2(1) 1-27. 
• Heron, R. A., Lie, E., and Perry, T. (2007). On the Use (and Abuse) of Stock Option Grants. Financial Analysts Journal, 63(3), 17-27.
• Perry, T., and Shivdasani, A. (2005). Do boards affect performance? Evidence from corporate restructuring. Journal of Business, 78(4), 1403-1431.
• Perry, T., and Peyer, U. (2005). Board seat accumulation by executives: a shareholder’s perspective. Journal of Finance, 60(4), 2083-2123.
• Perry, T., and Zenner, M. (2001). Pay for performance? Government regulation and the structure of compensation contracts. Journal of Financial Economics, 62(3), 453-488.
• Perry, T., and Zenner, M. (2000). CEO Compensation in the 1990s: Shareholder alignment or shareholder expropriation? Wake Forest Law Review, 35(1), 123-152.