Carson College of Business Faculty Directory

Carson College Directory

Donna Paul

Associate Professor
Finance and Management Science




  • PhD (University of Oregon)
  • MBA (Stanford University, Graduate School of Business)
  • BS (University of the West Indies)

Donna Paul

Dr. Paul is an associate professor in the Department Finance and Management Science where she teaches undergraduate and graduate courses in Corporate Financial Management. She conducts research on corporate policy and decision-making with respect to aligning managerial and stakeholder interests, determining optimal financing and payout structures, and making domestic and international capital investments. Her research has been published in journals such as the Journal of Financial and Quantitative Analysis, Journal of International Business Studies, and Financial Management. Dr. Paul has received an Exceptional Professor award from the Associated Students of Washington State University and an MBA Professor of the Year award. She previously worked in the Corporate Treasury Department of the Petroleum Industry of Trinidad and Tobago.

Research Interests

agency costs
agency theory
aligning managerial and stakeholder interests
corporate finance
corporate financing and investment policies
corporate governance
corporate policy and decision-making
determining optimal financing and payout structures
domestic and international capital investments

Teaching Interests

financial management

Journal Articles

  • Ben Le, Paul Hearn Moore, Donna Paul Strategic Working Capital Management in Response to a Performance Shock: Evidence from the NOx Budget Trading Program , 2023
  • Ben Le, Donna Paul, Nischala Reddy Impact of Sarbanes Oxley Act on Initial Public Offerings: New Evidence from Reverse Leveraged Buyouts Journal of Financial Reporting and Accounting, 2021
  • Chune Young Chung, Chang Liu, Donna Paul Do Firms Seek a Target Board Structure? Evidence from the Post-SOX Period Journal of Financial Research, 2019
  • Wei Huang, Donna Paul Institutional holdings, investment opportunities and dividend policy Quarterly Review of Economics and Finance, 2017
  • Rossitza Wooster, Donna Paul Leadership positioning among US firms investing in China International Business Review, 2016
  • Chang Liu, Donna Paul A New Perspective on Director Busyness Journal of Financial Research, 2015
  • Donna Paul, Gulnara Zaynutdinova Industry Structure of Debt and Market Share Leadership Persistence , 2015
  • Wei Huang, Donna Paul Do Press Announcements of Corporate Downsizing Predict Actual Downsizing? , 2013
  • John Becker Blease, Donna Paul Does Inclusion in a Smaller S&P Index Create Value? , 2010
  • Donna Paul, Rossitza Wooster An Empirical Analysis of Motives for Offshore Outsourcing by U.S. Firms , 2010
  • Donna Paul Board Changes Following Mergers Corporate Ownership and Control, 2008
  • Donna Paul, Rossitza Wooster Strategic investments by US firms in transition economies Journal of International Business Studies, 2008
  • Donna Paul Board composition and corrective action: Evidence from corporate responses to bad acquisition bids Journal of Financial and Quantitative Analysis, 2007
  • John Becker-Blease, Donna Paul Stock liquidity and Investment Opportunities: Evidence from index additons Financial Management, 2006