Jonathan M. Karpoff
Jonathan M. Karpoff is the Washington Mutual Endowed Chair in Innovation and Professor of Finance at the University of Washington’s Michael G. Foster School of Business. Jon serves as an Associate Editor for the The Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Managerial and Decision Economics, and Management Science. He is a member of the Board of Trustees for The Financial Management Association International, an International Research Fellow at Oxford’s Centre for Corporate Reputation, and a member of the Searle Civil Justice Institute Task Force on Foreign Bribery. Jon received his BA (1978) from the University of Alaska - Anchorage, and his MA (1980) and Ph.D (1982) degrees from UCLA. He has held appointments as the John M. Olin Visiting Professor at the University of Chicago’s Graduate School of Business (1998) and as the Visiting Alumni Professor of Finance and Alumni Research Scholar at the Emory University’s Goizueta Business School (2000-02).
Jon’s research seeks to understand how and when Adam Smith’s Invisible Hand works, or does not work, to coordinate economic activities and promote social well-being. This research addresses a wide range of topics, including fisheries management, natural resource regulation, trading volume, insider trading, dividend policy, organizational structure and performance, antitakeover regulation, shareholder activism, corporate governance, corporate boards, and the causes and consequences of corporate misconduct. In 2003 Jon was awarded the Griliches Prize in Empirical Economics for his research on leadership in arctic exploration. His research on corporate financial scandals was recognized with the Best Paper Award at the University of Chicago’s CRSP Forum in 2006 and the William F. Sharpe (JFQA) Best Paper Award in 2009. Different papers won the CRSP Forum Best Paper Award again in 2008, the Best Paper Award at the George Mason University Conference on Corporate Governance and Fraud Prevention in 2009, the Best Paper Award at the Financial Research Association Conference in 2011, and the Best Corporate Finance Paper Award at the 2012 FMA meetings. Jon’s work frequently is cited in media outlets – including The New York Times, The Economist, The Wall Street Journal, and National Public Radio.
Jon served as President of The Financial Management Association International for 2007-08, Director of the UW’s CFO Forum from 2004-2007, and Managing Editor of the Journal of Financial and Quantitative Analysis from 1989-2003. He also was the founding Director of the University of Washington’s Environmental Management Program. In recent years Jon has become active in executive education, and has delivered keynotes, seminars, and classes to audiences in Japan, Hong Kong, Germany, Portugal, South Africa, The Netherlands, Australia, New Zealand, and other domestic and international locations. At the Foster School’s TMMBA program, he received Faculty of the Quarter Awards in 2010 and 2011, and a Best Teacher Award by the graduating class in June 2011.
Jon is married and has four children. His personal interests include mountaineering and Adventure Skate Skiing. For information on Jon's research or teaching materials, visit http://faculty.washington.edu/karpoff/.