Mason School of Business
Directory Page Title

Katherine Guthrie

Associate Professor

Area: Economics & Finance
Phone: (757) 221-2832
Email: [[katherine.guthrie]]
Office: Miller Hall 3069
CV: {{, PDF}}


California native Katherine Guthrie brings a wealth of research and teaching experience to the Mason School of Business.  She earned her Ph.D. in Economics from the University of Michigan, and received a dual B.A. in Economics and International Relations from UC Davis.

Katherine is an expert on current issues in corporate governance and household finance.  She has published her research in peer-reviewed finance, accounting, and economics journals, including the Journal of Finance, the flagship journal for academic research in finance.  Using theory and cutting-edge empirical methods, she has studied the effectiveness of board independence, CEO incentive pay, ownership by sophisticated institutional investors and blockholders, as well as regulatory reforms in corporate governance.  In ongoing research, she is exploring household financial decision making and the role of obesity in financial markets.

Since joining William and Mary, Katherine has taught corporate finance and debt markets & securitization in both our Undergraduate Business Program and the Master of Accounting Program (MAcc).  Katherine is one of the pillars of the undergraduate finance program and has made many noteworthy contributions in and out of the classroom to promote undergraduate learning and career development.  Most recently, she spearheaded efforts to design and implement a Distinguished Finance track for undergraduate finance majors.  Katherine is the recipient of several prestigious honors and awards, among them the Faculty Excellence Award, the Alfred N. Page Undergraduate Teaching Award, and the Geary Faculty Fellowship.

She is married and the mother to four children. Katherine enjoys spending time with her family and competing in triathlons and marathons.

Areas of Interest/Expertise
  • Corporate governance: executive compensation; boards of directors; ownership by institutional investors and large shareholders;  financial misreporting; shareholder activism; corporate social responsibility
  • Household finance: financial decision-making (rational and behavioral); role of demographics in financial markets; portfolio choice
  • Economics of happiness
Selected Publications


Current Research Projects