Natasha Burns, Ph.D.

Professor of Finance


  • Ph.D. The Ohio State University
  • MBA Michigan State University
  • B.S. The Ohio State University


Natasha Burns is a professor of finance at The University of Texas at San Antonio. She earned her Ph.D. in Finance from The Ohio State University, an MBA from Michigan State University and a computer engineering degree from The Ohio State University.

Prior to joining UTSA she was an assistant professor at The University of Georgia. Natasha’s primary areas of research include corporate governance and international finance. She is interested in executive compensation, mergers & acquisitions and law & finance. She has published in the Journal of Financial Economics and Journal of Banking and Finance.

Selected Publications

  • “CEO Tournaments: A Cross-Country Analysis of Causes, Cultural Influences and Consequences,” (with K. Minnick and L. Starks), Journal of Financial and Quantitative Analysis, Vol. 52, No. 2, 2017, pp. 519-551.
  • “Sales of Private Firms and the Role of CEO Compensation,” (with J. Jindra and K. Minnich), Journal of Banking and Finance, Vol. 43, 2017, pp. 444-463.
  • “Equity-incentive Compensation and Payout Policy in Europe,” (with Brian C. McTier and Kristina Minnick), Journal of Corporate Finance, Vol. 30, February 2015, pp. 85-97.
  • “A Cross-Country Comparison of Compensation and Payout Policy,” Journal of Corporate Finance, Vol. 30, February 2015, pp. 155-175.
  • “U.S. Takeovers in Foreign Markets: Do They Impact Emerging and Developed Markets Differently?” with Ivonne Liebenberg, Journal of Corporate Finance, Vol. 17, Issue 4, 2011, pp. 1028-1046.
  • “Institutional Ownership and Monitoring: Evidence from Financial Misreporting,” with Simi Kedia and Marc Lipson, Journal of Corporate Finance, Vol. 16, Issue 4, 2010, pp. 443-455.
  • “Executive Option Exercises and Financial Misreporting,” with Simi Kedia, Journal of Banking and Finance, Vol. 32, Issue 5, 2008, pp. 845-857.
  • “Cross-Listing and Legal Bonding: Evidence from Mergers and Acquisitions,” with Bill Francis and Iftekhar Hasan, Journal of Banking and Finance, Vol. 31, Issue 4, 2007, pp. 1003-1031.
  • “The Impact of Performance-based Compensation on Misreporting,” with Simi Kedia, Journal of Financial Economics, Vol. 79, Issue 1, 2006, pp. 35-67.