Jonathan M. Karpoff
Summer 2021

Jonathan M. Karpoff is the Washington Mutual Endowed Chair in Innovation and Professor of Finance at the University of Washington’s Foster School of Business.

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 topics ranging from fisheries management to arctic exploration and business misconduct – and has been recognized with the Griliches Prize, Sharpe Award, and other awards.  A recent study finds that Jon’s research impact ranks in the top 0.6% of all scientists worldwide.  Jon’s work also is frequently cited in media outlets – including The New York Times, The Economist, The Wall Street Journal, National Public Radio, and podcasts, including The Secret History of the Future.

Jon believes that teaching is a two-way street;  he thrives on learning from students and inspiring students’ appreciation for economic and financial insights that apply to everyday life.  Jon has delivered keynotes, seminars, and classes to audiences throughout North America and in more than a dozen other countries around the world.  At the Foster School’s Executive MBA and PhD programs, Jon has received 13 teaching and mentoring awards since 2010. 

Jon has received two lifetime research awards, including from the Drexel Center for Corporate Governance in 2015 and as a Financial Management Association Fellow in 2016.  Jon serves as Associate Editor for The Journal of Finance and Journal of Financial and Quantitative Analysis, and as an Advisory Editor for Financial Management and the British Accounting Review.  He previously served as Managing Editor of the JFQA (1989-2003), President of The Financial Management Association International (2004-2005), and Associate Editor for the Journal of Financial Economics (2008-2021) and Management Science (2010-2016).  He currently is a member of the European Corporate Governance Institute and serves on the steering committee for the Financial Economists Roundtable.  Jon is a long-time supporter of The PhD Project, and was recently named to help lead the American Finance Association’s Project for Racial Diversity

Jon’s personal interests include skiing, mountaineering, and mountain biking.  His passion for Adventure Skate Skiing ( was the topic of a Wall Street Journal article.   Jon also has summitted 98 of the Bulger Top 100 peaks in Washington state, including several with his wife and daughters.

For information on Jon’s research or teaching materials, or a link to his personal site, visit his UW page, SSRN page, or Google Scholar page.