Neil Brisley

Biography

"Neil studied mathematics at Oxford University before joining Price Waterhouse and qualifying as a Chartered Accountant in the UK. He then taught finance for three years at Groupe École Supérieure de Commerce de Rennes in France and twice visited Helsinki School of Economics to teach on their international BBA programme. Following his PhD in Finance at INSEAD, Neil joined the Richard Ivey School of Business at the University of Western Ontario, teaching case courses in the Honours Business Administration (HBA) and MBA programmes and twice receiving Dean's Commendations before progressing to the School of Accounting and Finance (SAF) at Waterloo. He is on the Advisory Committee of the Canadian Institute of Chartered Accountants' Corporate Finance Program, a member of the Chartered Professional Accountants Competency Map Development Task Force, and Director of the CPA-SAF Centre for Capital Markets Education. Neil’s corporate finance research addresses issues in executive compensation and stock options, initial public offerings and auctions, and broader issues in corporate governance, organizations, incentives, and contracts. His ongoing research into the design, valuation, use and abuse of executive stock options is funded as sole investigator by the Social Science and Humanities Research Council of Canada. He has presented his research at the Annual Meetings of the Western Finance Association, European Finance Association, American Accounting Association, Financial Management Association and Northern Finance Association, as well as at specialized corporate governance conferences. He has reviewed articles for leading academic journals including the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, Journal of Corporate Finance, and the Financial Analysts Journal, and served on the programme committees of the European Finance Association and Northern Finance Association. Neil’s model for the valuation of executive stock options won the Best Annual Conference Paper Award, Financial Executives International (FEI) Canada. His research and opinions on executive compensation and governance issues have been cited in media such as Globe & Mail, National Post, Maclean’s, CBC Radio, Radio Canada, CTV, as well as professional and trade outlets."

Research Interest

Adopting Better Corporate Governance: Evidence from Cross-Border Mergers , A Theory of Optimal Expropriation, Mergers and Industry Competition, Why Don't Ipo Firms Disclose a Reservation Price?