Dr. Tracie Woidtke is an Associate Professor and the David E. Sharp/Home Federal Bank of Tennessee Professor in Banking and Finance, and a Research Fellow in the Corporate Governance Center at the University of Tennessee. She received both an undergraduate degree in mathematics & computer science and an MBA from Millsaps College. She attended Queen’s University in Canada as a Rotary Scholar and received a Ph.D. in Finance from Tulane University. Prior to coming to the University of Tennessee, Dr. Woidtke served on the faculty at Texas A&M University. Dr. Woidtke’s research interests include issues on corporate governance and international finance. She is particularly interested in how differences in corporate governance mechanisms both within the U.S. and across countries affect corporations and investors. Dr. Woidtke’s research has been published in leading finance journals including the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, the Journal of Banking and Finance, and the Journal of Financial Intermediation, cited in the Wall Street Journal, and reprinted in Governance and Expropriation. She has also published a forethought piece in the Harvard Business Review, organized a Special Session on Shareholder Activism at the Financial Management Association Meetings in Chicago, and been a panelist for the CFO Forum on Shareholder Activism at the University of Washington. Dr. Woidtke has taught corporate finance at the undergraduate, honors, MBA, Ph.D. and executive levels and was awarded the College of Business Administration Allen H. Keally Outstanding Teacher Award in 2007 and the College of Business Administration Southern-Peters Outstanding Research Award in 2008.
Articles
Do boards pay attention when institutional investor activists “just vote no”? (with Laura Seery and Diane Del Guercio), Journal of Financial Economics (2008)
We examine “just vote no” campaigns, a recent innovation in low-cost shareholder activist tools whereby...
Investor Protection and Real Investment by U.S. Multinationals (with Eric Kelley), Journal of Financial and Quantitative Analysis (2006)
In spite of the growing research concerning investor protection, the relation between investor protection and...
Commitment or entrenchment?: Controlling shareholders and board composition (with Yin-Hua Yeh), Journal of Banking & Finance (2005)
This paper examines the determinants of board composition and firm valuation as a function of...
Does Investor Identity Matter in Equity Issues? Evidence from Private Placements (with Srinivasan Krishnamurthy, Paul Spindt, and Venkat Subramaniam), Journal of Financial Intermediation (2005)
We examine the relation between stock price performance and the identity of the investors buying...
Agents watching agents?: evidence from pension fund ownership and firm value, Journal of Financial Economics (2002)
This paper examines the valuation effects associated with the incentive structures of different types of...