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Oklahoma State University

DAVID CARTER

DAVID CARTER

Department of Finance
Greg Massey Professor of Finance
Oklahoma Bankers Association Chair of Commercial Bank Management
Professor

BUS 462
STILLWATER, OK 74078
Phone: 405-744-5104

david.carter@okstate.edu

Education

  • Ph D, University of Georgia, Finance, 1996
  • MBA, Utah State University, Business, 1990
  • BS, Brigham Young University, Chemical Engineering, 1985

Publications

  • David Carter, Betty Simkins, Daniel Rogers, and Stephen Treanor. (2017). "A Review of the Literature on Commodity Risk Management". Journal of Commodity Markets. (8), 1-17.
  • P. Humphrey, David Carter, and Betty Simkins. (2016). "The market’s reaction to unexpected, catastrophic events: The case of oil and gas stock returns and the Gulf oil spill". The Journal of Risk Finance. (17), 2-25.
  • S.D. Treanor, D.A. Rogers, Betty Simkins, and David Carter. (2014). "Does operational and financial hedging reduce exposure? Evidence from the U.S. airline in-dustry". Financial Review. (49), 149-172.
  • Stephen Treanor, D.A. Rogers, David Carter, and Betty Simkins. (2014). "Exposure, hedging, and value: New evidence from the U.S. airline industry". International Review of Financial Analysis. (34), 200-211,
  • David Carter, D.A. Rogers, Betty Simkins, and Stephen Treanor. (2013). "Does hedging reduce economic exposure? Hurricanes, jet fuel prices and airlines". Handbook of Research Methods and Applications in Empirical Finance.
  • Stephen Treanor, David Carter, Dan Rogers, and Betty Simkins. (2013). "Operational and financial hedging: Friend or foe? Evidence from the U.S. airline industry". Journal of Accounting and Finance. (13), 64-91,
  • David Carter, F. D'Souza, Betty Simkins, and Gary Simpson. (2010). "The Diversity of Corporate Board Committees and Financial Performance". Corporate Governance: An International Review (Forthcoming). (18), 396-414.
  • J. Whitworth and David Carter. (2010). "The ex-day price behavior of REITs: Taxes or ticks?". Real Estate Economics. (38), 733-752.
  • J. Whitworth and David Carter. (2010). "The Ex-Dividend Day Pricing of REITS: Taxes or Ticks?". Real Estate Economics (Forthcoming). (38), 733-752.
  • Gary Simpson, David Carter, and F. D’Souza. (2010). "What do we know about women on boards?". Journal of Applied Finance. (20), 27-39.
  • Betty Simkins, David Carter, and D.A. Rogers. (2008). "Does Hedging Reduce Economic Exposure? Hurricanes, Jet Fuel Prices, and Airlines". Proceedings of the Financial Management Association.
  • Lee Adkins, David Carter, and Gary Simpson. (2007). "Managerial Incentives and Use of Foreign-Exchange Derivative Usage by Banks". Journal of Financial Research. (30), 399-413.
  • David Carter, D.A. Rogers, and Betty Simkins. (2006). "Does Hedging Affect Firm Value? Evidence from the U.S. Airline Industry". Financial Management. (35), 53-86.
  • David Carter, D.A. Rogers, and Betty Simkins. (2006). "Hedging and Value in the U.S. Airline Industry". Journal of Applied Corporate Finance. (18), 21-33.
  • Gary Simpson and David Carter. (2006). "The Complexity of Compensation Contracts in the Banking Industry". Proceedings of the Southwest Finance Association 2006 Annual Meeting.
  • David Carter and J.E. McNulty. (2005). "Deregulation, Technological Change, and the Business Lending Performance of Large and Small Banks". Journal of Banking and Finance. (29), 1113-1130.
  • K. Johnston, David Carter, and J. Hatem. (2005). "Exchange Rates and Fundamental Variables: A Semi-Parametric Analysis of Binary Choice". Applied Economics. (37), 1915-1924.
  • Betty Simkins, David Carter, and C. Pantzalis. (2004). "Asymmetric Exposure to Foreign-Exchange Risk: Financial and Real Option Hedges Implemented by U.S. Multinational Corporations". Proceedings of the Assurant/Georgia Tech Tenth International Finance Conference.
  • David Carter, J.E. McNulty, and J.A. Verbrugge. (2004). "Do Small Banks have an Advantage in Lending? An Examination of Risk-Adjusted Yields on Small Business Lending at Large and Small Banks". Journal of Financial Services Research. (25), 233-252.
  • J.C. Brau, David Carter, S.E. Christophe, and K.G. Key. (2004). "Market Reaction to the Expiration of IPO Lockup Provisions". Managerial Finance. (30), 87-103.
  • David Carter and Betty Simkins. (2004). "The Market’s Reaction to Unexpected, Catastrophic Events: The Case of Airline Stock Returns and the September 11th Attacks". Quarterly Review of Economics and Finance . (44), 539-558.
  • David Carter, Betty Simkins, and Gary Simpson. (2003). ""Board Diversity and Firm Performance," in Research in International Business and Finance". Amsterdam: Elsevier. 49-70.
  • David Carter, Betty Simkins, and Gary Simpson. (2003). "Corporate Governance, Board Diversity, and Firm Performance". Financial Review. (38), 33-52.
  • David Carter, William Dare, and w. Elliott. (2002). "Determination of Mean-Variance Efficient Portfolios Using an Electronic Spreadsheet". Journal of Financial Education. (28), 63-78.

Editorial and Review Activities

  • Commercial Bank Management
  • Corporate Finance: An Introduction
  • Engineering Economist
    Ad Hoc Reviewer
  • European Journal of Political Economy
    Ad Hoc Reviewer
  • Financial Management
    Ad Hoc Reviewer
  • Financial Review
    Ad Hoc Reviewer
  • International Review of Financial
    Ad Hoc Reviewer
  • Journal of Accounting and Public Policy
    Ad Hoc Reviewer
  • Journal of Applied Business Research
    Ad Hoc Reviewer
  • Journal of Applied Finance
    Ad Hoc Reviewer
  • Journal of Banking and Finance
    Ad Hoc Reviewer
  • Journal of Business Research
    Ad Hoc Reviewer
  • Journal of Corporate Finance
    Ad Hoc Reviewer
  • Journal of Money, Credit, and Banking
    Ad Hoc Reviewer
  • Journal of Risk and Insurance
    Ad Hoc Reviewer
  • Managerial Finance
    Ad Hoc Reviewer
  • Principles of Finance with Excel
  • Quarterly
    Ad Hoc Reviewer
  • Review of Financial Economics
    Ad Hoc Reviewer
  • Review of Financial Studies
    Ad Hoc Reviewer
  • FMA Online
    Associate Editor
    2012
  • Journal of Undergraduate Research in Finance
    Associate Editor
    2011
  • International Review of Financial Analysis
    Ad Hoc Reviewer
    2013
  • Journal of Business Research
    Ad Hoc Reviewer
    2013
  • Managerial Finance
    Ad Hoc Reviewer
    2013
  • Journal of Applied Business Research
    Associate Editor
    2001 - 2003

Awards and Honors

  • Outstanding Stillwater MBA Faculty (2010)
  • Professor of the Year (2009)
  • Professor of the Year (2007)
  • Best Paper in Financial Management Award (2006)
  • Professor of the Year (2006)
  • Greiner Undergraduate Teaching Award (2004)
  • Regent’s Distinguished Teaching Award (2004)
  • Technology Innovator Award (2004)
  • Teaching Award (2002)

Academic, Military, and Professional Positions

  • Oklahoma State University, Greg Massey Professor of Finance, July 2015
  • Oklahoma State University, Oklahoma Bankers Association Chair of Commercial Bank Management, July 2014
  • Oklahoma State University, Professor, 2012
  • University of Iowa and the Consortium of International Management and Business Analysis, Adjunct Associate Professor, 2009
  • Oklahoma State University, Associate Professor, 2004 - 2012
  • Oklahoma State University, Director, MBA Program, 2006 - 2007
  • Oklahoma State University, Assistant Professor, 1998 - 2004
  • University of North Carolina - Wilmington, Assistant Professor, 1996 - 1998