Professor Emma Schultz

Emma Schultz

RSFAS

Research School of Finance, Actuarial Studies & Statistics

Position
Professor
Email
emma.schultz@anu.edu.au
Phone number
+61 2 612 55463
Office
CBE Bld (26C)
Link
https://researchportalplus.anu.edu.au/en/persons/emma-schultz
Research areas

Emma has undertaken research in a number of areas, with her interest centred on issues in corporate finance, capital structure, corporate governance and dividend policy.

Biography

Emma holds a PhD in Finance and a Bachelor of Commerce with First Class Honours in Finance.  Before returning to academia, Emma worked for Macquarie Bank and Deloitte Touche Tohmatsu.

Emma has instructed numerous courses at both the undergraduate and postgraduate levels.  She has also supervised over 20 Honours and PhD students in the completion of their research-based dissertations in Finance.  In recognition of her significant, long-term commitment to student learning, Emma was awarded a Senior Fellowship of the Higher Education Academy.  

Emma has undertaken research in a number of areas, with her interest centred on issues in corporate finance, capital structure, corporate governance and dividend policy.  She was recently awarded an ARC Discovery grant for the project entitled "The Aging Population, Superannuation and Corporate Dividend Policy", which explores whether investor demand for income shapes how and when companies pay dividends.

Research publications

Schultz, E. and Swieringa, J., 2016, "Information Linkages Between Emission Allowance and Energy Markets", Accounting and Finance, Forthcoming (Accepted 24th July, 2016).

Liu, W-M., Schultz, E. and Swieringa, J., 2015, “Price Dynamics in Global Oil Markets”, Journal of Futures Markets, 35, pp. 148 – 162.

Schultz, E., Tan, D. and Walsh, K., 2015, “Corporate Governance and the Probability of Default’, Accounting and Finance, Forthcoming (Accepted 28th April, 2015).
 
Schultz, E. and Swieringa, 2014, “Catalysts for Price Discovery in the European Union Emissions Trading System”, Journal of Banking and Finance, 42, pp. 112 – 122.

Schultz, E., Tian, G.Y. and Twite, G., 2013, “Corporate Governance and the CEO Pay-Performance Link: Australian Evidence”, International Review of Finance, 13(4), pp. 447 – 472.

Schultz, E. and Swieringa, J., 2013, “Price Discovery in European Natural Gas Markets”. Energy Policy, 61, pp. 628 – 634.

Schultz, E., Tan, D. and Walsh, K., 2010, “Endogeneity and the Corporate Governance-Performance Relation”, Australian Journal of Management,35(2), pp. 145 - 163.

Bettman, J., Sault, S. and Schultz, E., 2009, “Fundamental and Technical Analysis: Substitutes or Complements?”, Accounting and Finance, 49(1), pp.  21 - 36.

Le, H.T. and Schultz, E., 2007, “Toeholds and the Bidder Shareholder Wealth Effects of Takeover Announcements”, Australian Journal of Management, 32(2), pp. 315 – 344.
 
Foster, F.D., Gregor, S., Heaney, R., O’Neill, T., Northcott, W., Richardson, A., Welch, E. and Wood, R., 2006, “Impact of Computer Based Share Market Simulations On Learning: A Link Between Self-Efficacy and Understanding”, Journal of College Teaching and Learning, 3(2), pp. 45-59.
 
Welch, E., 2003, “The Relationship Between Ownership and Performance in Listed Australian Companies”, Australian Journal of Management, 28(3), pp. 287 - 306.

Research grants and awards

"The Aging Population, Superannuation and Corporate Dividend Policy" (with Twite, T. and Fan. J.), ARC Discovery Project with funding commencing 2016.
 
“The Role of Corporate Governance Mechanisms in Maximising the Performance of Listed Australian Corporations” (with Smith, T. and Walsh, K. and Barclays Global Investors as the industry partner), ARC Linkage Project with funding commencing in 2007.
 
“The Determinants and Impacts of Analyst Activity in Australian Equity Markets” (with Sidhu, B., Smith, T., Roberts, J., Simmonds, D. and Warren, G. and the Australian Stock Exchange as the industry partner), ARC Linkage Project with funding commencing in 2006.