BETTY SIMKINS

Department of Finance
Regents Professor of Finance
Head, Department of Finance
Williams Companies Chair in Business
Professor of Finance

461C BUSINESS
STILLWATER, OK 74078-4011
Phone: 405-744-8625

betty.simkins@okstate.edu

Professional Website

Education

• Ph D, Case Western Reserve University, Finance, 1997
• MBA, Oklahoma State University, Finance, 1983
• BS, University of Arkansas, Chemical Engineering, 1980

Publications

• Betty J Simkins. "Manager Political Preferences and Company Investor Bases". New Jersey: Financial Review (Forthcoming).
• John Fraser, Rob Quail, and Betty Simkins. (2024). "What's Wrong with Enterprise Risk Management". Journal of Risk and Financial Management. (17), 7,
• Trinh Quang Long, Trang Cam Hoang, and Betty Simkins. (2023). "Gender Gap in Digital Literacy Across Generations: Evidence from Indonesia". Finance Research Letters. (58),
• Yuri Andre Hupka, Ivilina Popova, Betty Simkins, and Thomas Lee. (2023). "A review of the literature on LNG: Hubs development, market integration, and price discovery". Journal of Commodity Markets. (31), 100349.
• Yuecheng Jia, Betty Simkins, and Hongrui Feng. (2023). "Political Connections and Short Sellers ". Journal of Banking and Finance. (146), 106703.
• Subramanian Rama Iyer and Betty Simkins. (2022). "Covid-19 and the Economy: Summary of Research and Future Directions  ". Elsevier: Finance Research Letters. (47 (Part B)),
• John R.S. Fraser, Rob Quail, and Betty Simkins. (2022). "Questions that are asked about enterprise risk management by risk practitioners". Business Horizons. (65), 3,
• Yunchuan Sun, Xiaoping Zheng, Han Zhao, Betty Simkins, and Xuegang Cui. (2022). "The Impact of COVID-19 on SMEs in China: Textual Analysis and Empirical Evidence  ". Finance Research Letters. (45),
• Joe W Byers, Ivilina Popova, and Betty Simkins. (2021). "Robust Estimation of Conditional Risk Measures using Machine Learning Algorithm for Commodity Futures Prices in the Presence of Outliers". Journal of Commodity Markets. (24), 100174, 18. 2405-8513.
• Joe Wayne Byers, Ivilina T Popova, and Betty Simkins. (2021). "Robust Estimation of Conditional Risk Measures Using Machine Learning Algorithm for Commodity Futures Prices in the Presence of Outliers". Journal of Commodity Markets. (24), 18. 2405-8513.
• John Fraser, Rob Quail, and Betty Simkins. (2021). "The History of Enterprise Risk Management at Hydro One from 1999 to 2014". Journal of Risk and Financial Management. (14), 8,
• John R.S. Fraser, Rob Quail, and Betty Simkins. (2021). "Chapter 30: Climate Change Risk". Wiley.
• David Lange and Betty Simkins. (2021). "Chapter 5: How to Teach Enterprise Risk Management: A Learner-Centered Activities Approach". Wiley.
• John R.S. Fraser, Rob Quail, and Betty Simkins. (2021). "Chapter 1: Enterprise Risk Management: An Introduction and Overview". Wiley.
• David Carter, Md. Sharif Ullah Mazumder, Betty Simkins, and Eric Sisneros. (2021). "The stock price reaction of the COVID-19 pandemic on the airline, hotel, and tourism industries 2021". Finance Research Letters. (44), 15.
• John Fraser, Rob Quail, and Betty Simkins. (2021). "COVID-19: The Risk Management Part Is Unfinished". Stillwater: CFO magazine.
• Natarianto Indrawan, Betty Simkins, Ajay Kumar, and Raymond L. Huhnke. (2020). "Economics of Distributed Power Generation via Gasification of Biomass and Municipal Solid Waste". Energies. (93), 6, 2293-2313.
• Betty Simkins, Allissa Lee, and Stephen Treanor. (2020). "Is it LUV or a good business decision? A comprehensive study of Southwest Airlines’ acquisition of AirTran". Journal of Financial Education. (46), 1, 23 pages.
• Subramanian R. Iyer, Betty Simkins, and Heng (Emily) Wang. (2020). "Cyberattacks and Impact on Bond Valuation". Elsevier: Finance Research Letters. (33),
• Subbu Iyer, Jose R. Valdivia Orbaneja, and Betty Simkins. (2020). "Terrorism and Oil Markets: A Cross-Sectional Evaluation". Finance Research Letters. (33),
• Yuecheng Jia, Ivilina Popova, Betty Simkins, and Qin Emma Wang. (2020). "Second and Higher Moments of Fundamentals: A Literature Review ". European Financial Management. (26), 1, 216-237.
• Subbu Iyer, Kris Kemper, Kevin Gatzlaff, and Betty Simkins. (2019). "Director Networks and Credit Ratings of Insurance Companies". Journal of Insurance Regulation. (38), 2,
• 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.
• Betty Simkins. (2017). "MLPs and Their Strategic Importance in Financing the U.S. Energy Renaissance”". Society of Petroleum Engineers: The Way Ahead.
• Betty Simkins, Kenneth Borokhovich, and Allissa Lee. (2016). "Journal Influence in Corporate Research". Managerial Finance. (42), 4, 376-389.
• Kenneth A Borokhovich, Allissa A Lee, and Betty Simkins. (2016). "Journal Influence in Corporate Research". Managerial Finance. (42), 4, 376-389.
• Betty Simkins, Phillip Humphrey, and Jacqueline Garner. (2016). "The Business of Sport and the Sport of Business". International Review of Financial Analysis. (47), 197-204.
• Betty Simkins and John Fraser. (2016). "The Challenges and Solutions for Implementing Enterprise Risk Management". Business Horizons. (59), 6, 689-698.
• 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.
• Betty Simkins. (2015). "Economic Value of OTC Derivatives used by Nonfinancial Firms". Journal of Applied Finance. (24), 2, 70-86.
• Betty Simkins, Kenneth Borokhovich, and Allissa Lee. (2015). "From Psychology, Law, Accounting and Economics: Measuring the Influence of Finance Journals in the Social Sciences". Journal of Financial Education. (41), 3, 1-25.
• Kenneth A Borokhovich, Allissa A Lee, and Betty Simkins. (2015). "From Psychology, Law, Accounting and Economics: Measuring the Influence of Finance Journals in the Social Sciences". Journal of Financial Education. (41), 3, 1-25.
• Betty Simkins and Ivilina Popova. (2015). "OTC vs. Exchange Traded Derivatives and Their Impact on Hedging Effectiveness and Corporate Capital Requirements". Journal of Applied Corporate Finance. (27), 1, 63-70.
• Betty Simkins and Yuecheng Jia. (2015). "“Energy Futures Markets”, The WSPC Handbook of Futures Markets, World Scientific Handbook in Financial Economics Series". Co-Edited by A.G. Malliaris and William T. Siemba, World Scientific Handbook in Financial Economics Series. pages 407-434.
• Betty Simkins and Ivilina Popova. (2015). "An Imperfect Exchange". Energy Risk. 72-77.
• Betty Simkins and David Lange. (2014). "An Innovative Method to Teaching Enterprise Risk Management: A Learner Centered Teaching Approach, in Implementing Enterprise Risk Management: Case Studies and Best Practices, Co-Edited with John R.S. Fraser and Kristina Narvae". John Wiley & Sons, Inc..
• 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.
• Betty Simkins, John R.S. Fraser, and Kristina Narvaez. (2014). "Enterprise Risk Management Case Studies: An Introduction and Overview, in Implementing Enterprise Risk Management: Case Studies and Best Practices, Co-Edited with John R.S. Fraser and Kristina Narvae". John Wiley & Sons, Inc..
• John Fraser, Betty Simkins, and Kristina Narvaez. (2014). "Implementing Enterprise Risk Management: Case Studies and Best Practices". John Wiley & Sons. 600.
• (2014). "Perspectives on Energy Risk, o-Edited by André Dorsman, Timur Gök and Mehmet Baha Daran". CEVI. 1,
• Betty Simkins and Allissa A Lee. (2014). "The Role of VaR in Enterprise Risk Management: Calculating Value-at-Risk for Portfolios Held by the Vane Mallory Investment, in Implementing Enterprise Risk Management: Case Studies and Best Practices, Co-Edited with John R.S. Fraser and Kristina Narvae". John Wiley & Sons, Inc..
• 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,
• Betty Simkins, Antonio Camara, Antonio Camara, and Ivilina Popova. (2014). "Options on Troubled Stock". Journal of Futures Markets. (34), 7, 637-657.
• Betty Simkins and Allissa A Lee. (2014). "Understanding Value-at-Risk to Avoid Risk Management Breakdown". Conference Board of Canada: Risk Watch.
• 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.
• Betty Simkins and James Williams. (2013). "Energy Economics: Past, Present and Prospects for the Future". Energy Finance and Economics (Wiley&Sons).
• Betty Simkins. (2013). "Energy Finance and Economics: Analysis and Valuation, Risk Management, and the Future of Energy, Co-Edited with Russell E. Simkins". John Wiley & Sons, Inc..
• Betty Simkins and Allissa A Lee. (2013). "ExxonMobil Corp.’s Acquisition of XTO Energy, Inc.: An Exercise in Valuation". Energy Finance and Economics (Wiley&Sons).
• Betty Simkins, Siamak Javadi, and Mary Wicker. (2013). "Financial Statement Analysis for Oil and Gas Companies and Competitive Benchmarking". Energy Finance and Economics (Wiley&Sons) . 181-228. 978-1-118-01712-8.
• Betty Simkins, Don Chance, and Pratik Dhar. (2013). "Financial Analysis of the Purchase of a Hybrid Consumer Vehicle". Energy Finance and Economics (Wiley&Sons).
• Betty Simkins and Russell Simkins. (2013). "Introduction to Energy Finance and Economics". Energy Finance and Economics (Wiley&Sons).
• Betty Simkins and Ivilina Popova. (2013). "Introduction to Energy Risk Management". Energy Finance and Economics (Wiley&Sons).
• 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,
• Betty Simkins and Kris Kemper. (2013). "Real Options and Applications in the Energy Industry". Energy Finance and Economics (Wiley&Sons).
• Betty Simkins and John White. (2013). "Strategy to Implement Enterprise Risk Management Programs at Colleges and Universities". College & University Auditor. (Fall),
• Betty Simkins. (2013). "Learner Centered Teaching". Academy of Economics and Finance.
• Betty Simkins, Antonio Camara, and Ivilina Popova. (2012). "A comparative Study of the Probability of Default for Global Financial Firms". Journal of Banking and Finance. (36), 3, 717-732.
• Allissa A Lee, Kris Kemper, and Betty Simkins. (2012). "Diversification Revisted". Research in International Business and Finance . (26), 304-316.
• Kris Kemper, Allissa Lee, and Betty Simkins. (2012). "Diversification Revisited". Research in International Business and Finance. (26),
• Betty Simkins, Ilene H Lang, and Heather Foust-Cummings. (2012). "Does Gender Diversity on the Board of Directors Improve Risk Governance?". Risk Watch. 14-17.
• Betty Simkins, Kenneth Borokhovich, and Allissa A Lee. (2011). "A Framework for Journal Assessment: The Case of the Journal of Banking and Finance". Journal of Banking and Finance. (35), 1, 1-6.
• Betty Simkins, Ana Camara, Antonio Camara, and Ivilina Popova. (2011). "FX Risk-Neutral Valuation Relationships for the Su Jump-Diffusion Family". International Journal of Finance and Economics. (13), 339-356.
• Betty Simkins, Joseph Rizzi, and Karen Schoening-Thiessen. (2011). "Enterprise Risk Management: A Review of Prevalent Practices". Conference Board of Canada Research Report. (11-165),
• Betty Simkins and D.A. Rogers. "Demonstrating the Value of Enterprise Risk Management: The Roles of Reputation and Stakeholder Communication". Conference Board of Canada Research Report (Forthcoming).
• Betty Simkins and J. Rizzi. (2010). "Structuring Risk Governance, Accountabilities, and Reporting in Enterprise Risk Management". Conference Board of Canada (Forthcoming).
• 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.
• Betty Simkins and J.R.S. Fraser. (2010). "Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives". Hoboken NJ: Wiley Publishing.
• David Carter, Gary Simpson, and Betty Simkins. (2010). "The Diversity of Corporate Board Committees and Financial Performance". Corporate Governance: An International Review.
• Betty Simkins, Daniel A Rogers, and Karen Schoening-Thiessen. (2010). "Improving the Value of Enterprise Risk Management to Help Manage Corporate Reputation". Conference Board of Canada Research Report. (11-085),
• Betty Simkins, Subramanian Iyer, and D. Rogers. (2010). ""Academic Research on Enterprise Risk Management," in Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives". Hoboken NJ: Wiley.
• Betty Simkins and C. Smithson. (2009). "Interview with Myron S. Scholes: 1997 Nobel Laureate in Economic Sciences". Journal of Applied Finance. (19), 1&2, 129-135.
• Betty Simkins and T. Odean. (2009). "Pioneers in Finance: Vernon Smith Interview". Journal of Applied Finance. (18), 2, 116-123.
• Betty Simkins and Kris Kemper. (2009). ""Real Options in Corporate Finance," in R.W. Kolb & J.A. Overdahl (eds.), Companion to Financial Derivatives". Wiley-Blackwell.
• Betty Simkins, G.D. Gay, and M. Turac. (2009). "Analyst Forecast Performance and Price Discovery in a Futures Market: The Case of Natural Gas Storage". Journal of Futures Markets. (29), 5, 451-477.
• 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.
• Betty Simkins. (2008). "Enterprise Risk Management: Current Initiatives and Issues". Journal of Applied Finance. (18), 1, 115-132.
• Betty Simkins. (2008). "What's Wrong with Corporate Risk Management and Implication for Research in Finance". Proceedings of the 43rd Conference of the European Working Group on Financial Modeling.
• Betty Simkins, J.R.S. Fraser, and K. Schoening-Thiessen. (2008). "Who Reads What Most Often? A Survey of Enterprise Risk Management Literature Read by Risk Executives". Journal of Applied Finance. (18), 1, 73-91.
• Betty Simkins and S.A. Ramirez. (2008). "Enterprise Wide Risk Management and Corporate Governance". Loyola University Chicago Law Journal. (39), 3,
• J.R.S. Frazer and Betty Simkins. (2007). "Ten Common Misconceptions about Enterprise Risk Management". Journal of Applied Corporate Finance. (19), 4, 75-81.
• Betty Simkins, K. Borokhovich, and J. Borokhovich. (2007). "Where to Look: Comparing Research Records for Tenure and Promotion". FMA Online.
• Betty Simkins, Kenneth Borokhovich, and John Borokhovich. (2007). "Journal Influence: Impact Factors". FMA Online.
• Betty Simkins and D.A. Rogers. (2006). "Asymmetric Information and Credit Quality: Evidence from Synthetic Fixed-Rate Financing". Journal of Futures Markets. (12), 6, 595-625.
• 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.
• Betty Simkins and Daniel Rogers. (2006). "Asymmetric Information and Credit Quality: Evidence from Synthetic Fixed-Rate Financing". Journal of Futures Markets.
• Betty Simkins and C. Smithson. (2005). "Does Risk Management Add Value? A Survey of the Evidence". Journal of Applied Corporate Finance. (17), 3, 8-17.
• Betty Simkins and T. Aabo. (2005). "Interaction Between Real Options and Financial Hedging: Fact or Fiction in Financial Decision-Making". Review of Financial Economics. (14), Special Issue on Real Options, 353-369.
• Betty Simkins, T. Aabo, and J.R.S. Fraser. (2005). "The Rise and Transformation of the Chief Risk Officer: A Success Story on Enterprise Risk Management". Journal of Applied Corporate Finance. (17), 3, 18-31.
• Betty Simkins and T. Aabo. (2005). "The Interaction Between Real Options and Financial Hedging in Non-Financial Firms". Journal of Financial Transformation. (13), 68-72.
• 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.
• Betty Simkins and R. Aggarwal. (2004). "Evidence on Voluntary Disclosures of Derivatives Usage by Large U.S. Companies". The Journal of Derivatives Accounting. (1), 1, 61-81.
• 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.
• Betty Simkins, A. Martin, and D.A. Rogers. (2004). "Southwest Airlines: The Blended Winglet Project". Case Research Journal. (24), 23-33.
• Betty Simkins, K. Borokhovich, K. Brunarski, and C. Crutchley. (2004). "Board Composition and Corporate Use of Interest Rate Derivatives". Journal of Financial Research. (27), 2, 199-216.
• 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.
• Betty Simkins and D.R. Lange. (2003). "The Retrospective Life Insurance Method: A Pedagogic Spreadsheet Application". Advances in Financial Education. (1), Fall, 41-64.
• Betty Simkins, K. Borokhovich, and R. Bricker. (2003). "The Impact of Accounting Research on Finance". Critical Perspectives on Accounting. (14), May, 417-438.
• Betty Simkins and P. Laux. (2002). "An Empirical Framework and Teaching Note for Introducing Financial Management in the First MBA Core Class". Journal of Financial Education. (28), Fall/Winter, 1-27.