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Jacqueline (JG) Garner

Principal Lecturer

Faculty Director, Minor in Business of Sports and Entertainment

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jacqueline.garner@scheller.gatech.edu

404-385-5331

Academic Areas: Finance

Office: 4157

Biography

Jacqueline Garner received her Ph.D. from Georgia State University in 1998. Prior to that, she received her MBA from University of Alabama at Birmingham. She held various financial analyst positions prior to her doctoral work, primarily doing valuation analysis.

She currently teaches a variety of classes: Financial Management, Financial Modeling, and the VIP class, Sports Valuation and Analytics. She serves as the inaugural Faculty Director of the minor in the Business of Sports and Entertainment.

During graduate school, Dr. Garner worked as a financial economist at The U.S. Securities and Exchange Commission. After receiving her Ph.D., she joined the staff of The University of Rhode Island. She has held teaching appointments at The University of Delaware and Georgia State University. In 2007 she taught at Korea University in Seoul, Korea. From 2002 to 2012, she was at Drexel University in Philadelphia, PA, and received tenure in 2007. Her most recent appointment was at Mississippi State University, from 2012 to 2016. She served as the Edie and Nutie Dowdle Professor of Finance.

She has published in numerous academic journals such as The Journal of Finance, The Journal of Business, Journal of Corporate Finance, Journal of Banking and Finance, and Financial Management, among others. From 1999 - 2007, she regularly contributed to The Wall Street Journal Finance Educators™ Review. Her research focuses on corporate finance; more specifically she studies issues related to initial public offerings, corporate governance, and investment bank compensation. In April of 2014 she was awarded the College of Business Research Award at Mississippi State University.

Dr. Garner has won several teaching awards at Georgia Tech:

The Linda and Lloyd Byars Award for Faculty Teaching Excellence in 2020 and 2024
Appointed as one of the Center for Teaching and Learning's "Leaders in Teaching in Learning" in 2024
Appointed as a Provost Teaching and Learning Fellow from 2022-2024
The Institute-wide Undergradute Educator Award in 2020
Named as a Top 50 Business Professors by Poets and Quants in 2020
Name one of six "Transcendent Teachers" at Georgia Tech in 2018
Named "Scheller Lecturer of the Year" (undergraduate) in 2018

She is the faculty advisor to several student organizations:

GT Finance Society
Sports Business Club
Society of Women in Business

She has served on the board of Southern Finance Association and served as the VP-Financial Education for Financial Management Association as well as President and VP-Program for Eastern Finance Association. She is currently a trustee for Eastern Finance Association. She served as the Executive Editor of FMA-Online and has served as an Associate Editor (or on the Editorial Board) for five journals: Financial Review, International Review of Financial Analysis, Journal of Undergraduate Research in Finance, Journal of Applied Finance, and Journal of Risk Finance.

Education

Ph.D. in Finance, Georgia State University
MBA, University of Alabama at Birmingham
BSBA with major in Finance, Samford University

Teaching Interests

Financial Modeling

Sports Valuation and Analytics

Corporate Finance

Research Interests

Valuation of Sports Teams
Sports Analytics

Publications

“Corporate Governance: A review,” 2017, Managerial Finance, (with Won Yong Kim and Taek-Yul Kim)
“The Business of Sport and the Sport of Business; A Review of the Compensation Literature in Finance and Sports,” (with Phillip R. Humphrey and Betty Simkins), International Review of Financial Analysis (47), 2016, 197 – 204.
“The Perils of Free Cash Flow, Avoidance of Outside Monitoring, and the Exploitation of the Internal Capital Market,” (with Brandon Cline and Adam Yore), Journal of Corporate Finance (25), 2014, 234-250.
“Underwriter Compensation Structure: Can It Really Bond Underwriters” (with Beverly Marshall), Financial Review (49), 2014, 21-48
“Are Foreign Investors Really Beneficial? Evidence from South Korea” (with Won Yong Kim), Pacific-basin Finance Journal (25), 2013, 62–84.
“Paper Tiger?:An Empirical Analysis of Majority Voting,” (with Jie Cai and Ralph Walkling), Journal of Corporate Finance, (21), 2013, 119-135.
“Board Influence, Excess Compensation, and Shared power: Evidence from Nonprofit Firms,” (with Teresa Harrison), Financial Review (48), 2013, 617-643.
“Shareholder Access to the Boardroom: A survey of Recent Evidence,” (with Jie Cai and Ralph Walkling), (Invited), Journal of Applied Finance, 2, 2010, 15-25.
“The Non-7% Solution,” (with Beverly Marshall), Journal of Banking and Finance, (34), 2010, 1664-1674.
“Valuing Underwriter Compensation in the Presence of Exotic Options,” (with Beverly Marshall), Journal of Applied Finance, (19) 1 and 2, 2009,63-77.
“Electing Directors,” (with Jie Cai and Ralph Walkling), Journal of Finance (64) 5, 2009, 2389-2421.
“Unit IPOs: What the Warrant Characteristics Reveal about the Issuing Firm,” (with Beverly Marshall), The Journal of Business (78) 5, 2005, 1737-1858.
“Unit IPOs: The Who, When and Why of Warrant Amendment,” (with Beverly Marshall), Journal of Financial Research (27) 2, 2004, 217-233.
“An Examination of Board Stability and The Long-term Performance of Initial Public Offerings,” (with Claire Crutchley and Beverly Marshall), Financial Management (31) 3, 2002, 63-90.
“Will any Q do?,” (with Peter DaDalt and Jeffrey Donaldson), Journal of Financial Research (26) 4, 2003, 535-551.
“Determinants of Corporate Growth Opportunities of Emerging Firms,” (with JouAhn Nam and Richard Ottoo), Journal of Economics and Business (54) 1, 2002, 73-93.
“The Influence of Underwriter Reputation, Financial Distress, and Keiretsu Affiliation on the Underpricing of Japanese IPOs,” (with Judy Beckman, Beverly Marshall, and Hideo Okamura), Pacific-basin Finance Journal, (9) 5, 2001, 513-534.

Media

Interviewed by WABE, November 12, 2025 regarding the GENEXSIS Sports Innovation Conference and how AI is helping innovation in sports.
Interviewed by The Athletic, "What are your college football teams really worth"? July 22, 2025: https://www.nytimes.com/athletic/6507297/2025/07/22/how-much-college-football-programs-worth/