Skip Navigation
Oklahoma State University

BETTY SIMKINS

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

Education

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

Publications

  • Subramanian R. Iyer, Betty Simkins, and Heng (Emily) Wang. "Cyberattacks and Impact on Bond Valuation". Elsevier: Finance Research Letters (Forthcoming).
  • Yuecheng Jia, Ivilina Popova, Betty Simkins, and Qin Emma Wang. "Second and Higher Moments of Fundamentals: A Literature Review ". European Financial Management (Forthcoming).
  • Subbu Iyer, Kris Kemper, Kevin Gatzlaff, and Betty Simkins. "Director Networks and Credit Ratings of Insurance Companies". Journal of Insurance Regulation (Forthcoming).
  • Subbu Iyer, Jose R. Valdivia Orbaneja, and Betty Simkins. (2018). "Terrorism and Oil Markets: A Cross-Sectional Evaluation". Finance Research Letters.
  • Betty Simkins, Allissa Lee, and Stephen Treanor. "Is it LUV or a good business decision? A comprehensive study of Southwest Airlines’ acquisition of AirTran". Journal of Financial Education (Forthcoming).
  • 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 and Yuecheng Jia. "“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 (Forthcoming).
  • 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.
  • 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.
  • 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 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.
  • Allissa A Lee and Betty Simkins. "ExxonMobil Corp.’s Acquisition of XTO Energy, Inc.: An". John Wiley & Sons, Inc. (Forthcoming).
  • 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.

Editorial and Review Activities

  • Advances in Financial Education
    Associate Editor
    2016
  • Journal of Applied Corporate Finance
    Associate Editor
    2016
  • Journal of Financial Education
    Associate Editor
    2016
  • Journal of Commodity Markets
    Editor or Co-Editor
    2015
  • Review of Financial Economics
    Associate Editor
    2015
  • Finance Research Letters
    Associate Editor
    2014
  • Journal of Risk Finance
    Editorial Board Member
    2014
  • British Accounting Review
    Associate Editor
    2013
  • Journal of Banking and Finance
    Associate Editor
    2013
  • Journal of Finance Case Research
    Editorial Board Member
    2013
  • Grant Proposals, Research Grants Council of Hong Kong
    Ad Hoc Reviewer
    2012
  • International Review of Financial Analysis
    Associate Editor
    2012
  • European Research Studies Journal
    Editorial Board Member
    2008
  • European Research Studies Journal
    Associate Editor
    2008
  • Journal of Finance Case Research
    Editorial Board Member
    2002
  • Journal of Enterprise Risk Management
    Editorial Board Member
    2013 - 2016
  • American Journal of Business
    Associate Editor
    2011 - 2016
  • Advances in Financial Education
    Associate Editor
    2003 - 2014
  • Advances in Financial Education
    Associate Editor
    2003 - 2014
  • Journal of Financial Education
    Associate Editor
    2000 - 2014
  • Journal of Financial Education
    Associate Editor
    2000 - 2014
  • European Research Studies Journal
    Editorial Board Member
    2013
  • Journal of Enterprise Risk Management
    Editorial Board Member
    2013
  • Research in International Business and Finance
    Associate Editor
    2010 - 2013
  • Journal of Applied Finance
    Editor or Co-Editor
    2007 - 2013
  • FMA Online
    Editor or Co-Editor
    2001 - 2010
  • Financial Review Special Issue on Corporate Governance
    Special Issue Editor
    2007 - 2009

Awards and Honors

  • Williams Companies Professorship in Business
  • Appointed to the Market Risk Advisory Committee (2018)
  • Excellence in Online Learning Faculty Award (2016)
  • Spears School of Business Excellence in Online Learning Faculty Award (2016)
  • OSU Outreach Excellence Award (2013)
  • OSU Outreach Faculty Excellence Award, 2013 (2013)
  • Richard W. Poole Outreach Excellence Award (2013)
  • Richard W. Poole Research Excellence Award (2013)
  • Richard W. Poole Outreach Excellence Award, 2013 (2013)
  • Richard W. Poole Research Excellence Award (2012)
  • Top 50 MBA Graduate (2011)
  • Richard W. Poole Research Excellence Award (2011)
  • Regents Distinguished Research Award (2010)
  • Regents Distinguished Research Excellence Award (2010)
  • Richard W. Poole Research Excellence Award (2010)
  • Nominated for Regents Distinguished Research Award (2009)
  • Richard W. Poole Research Excellence Award (2009)
  • Risk Who's Who (2008)
  • Faculty of the Month (2008)
  • Best Paper Award in Risk Management for "Valuing Options when Shareholders Face Bankruptcy Risk (2007)
  • Best Paper in Financial Management for “Does Hedging Affect Firm Value? Evidence from the US Airline Industry” (2006)
  • Distinguished Chemical Engineering Graduate (2006)
  • Advisor Leadership Award (2004)
  • Technology Innovator Award (2004)
  • Outstanding MBA Faculty Award (2002)
  • Merrick Foundation Teaching Award (2001)
  • Regents Distinguished Teaching Award (2001)
  • Best Paper Award in Innovations in Teaching Finance -- Research Paper (1998)

Academic, Military, and Professional Positions

  • Oklahoma State University, Regents Professor of Finance, July 1 2019
  • Oklahoma State University, Head, Department of Finance, January 2017
  • Oklahoma State University, Williams Companies Chair in Business, January 2014
  • Oklahoma State University, Professor of Finance, 2009
  • China University of Petroleum, Visiting Professor in Energy Finance, June 20 2017 - June 30 2017
  • Simkins Consulting , 2005 - 2016
  • Trinity College Dublin (Ireland), Visiting Professor in Enterprise Risk Management , March 2010
  • Department of Finance, Oklahoma State University, Associate Professor, 2002 - 2009
  • Trinity College Dublin (Ireland), Visiting Professor in Enterprise Risk Management , March 2009
  • Department of Finance, Oklahoma State University, Assistant Professor, 1997 - 2002
  • Justus-Liebig University, Giessen Germany, Visiting Professor in International Finance, December 2001
  • Department of Banking and Finance, Case Western Reserve University, Lecturer, 1992 - 1997
  • Department of Economics and Finance, University of Texas - San Antonio, Teaching Associate, 1988 - 1990
  • Wayland Baptist University, San Antonio TX, Instructor, 1988 - 1990
  • MedSource Corporation Teleconference Network, Program Coordinator, 1986 - 1988
  • Northeastern State University (University Center at Tulsa), Lecturer, 1985 - 1988
  • Tulsa Junior College, Lecturer, 1985 - 1987
  • The Williams Companies, Financial Analyst and Process Engineer, 1983 - 1985
  • Conoco, Inc., Chemicals Research and Development Engineer, 1980 - 1982