Kathryn Schumann-Foster

Financial Economist, Office of Litigation Economics (DERA)

Education Summary

  • Ph.D. Finance, The University of Tennessee, 2012
  • M.B.A Computer Information Systems (with Honors), East Carolina University, 2004

Fields of Interest

  • International corporate finance
  • Corporate governance
  • Government policy and regulation
  • Financial reporting and disclosure

  • Financial Economist
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
    2019-present
  • Assistant Professor
    Department of Finance and Business Law
    James Madison University 
    2014-2019
  • Research Assistant
    Research Assistant
    Finance Department
    The University of Tennessee
    2007-2012

  • Schumann, Kathryn, Elias Semaan and Hui Sono, 2019, The Local Market Perception of Firm Risks during Cross-listing Events, The Financial Review.
  • Chu, Chen, Giorgio Gotti, Don Herrmann and Kathryn Schumann, 2016, Earnings Quality of Foreign vs. U.S. Reverse Mergers: Geographical Location of Firm-Level Incentives?, Journal of International Accounting Research.
  • ​Schumann, Kathryn, 2017, Shareholder-Initiated Lawsuits and Cross-Listed Firms: The Market Penalties of Securities Class Action Lawsuits, International Research Journal of Applied Finance.
  • Black, Harold, Tracie Woidtke and Kathryn Schumann, 2010. Corporate Governance of Banks in the United States, Anti-Crisis Paradigms of Corporate Governance in Banks: A New Institutional Outlook, Kostyuk, F. Takeda, and K. Hosono, eds, Virtus Press, 2010.

  • Boone, Audra, Kathryn Schumann-Foster, and Joshua White, 2019, Ongoing SEC Disclosures by Foreign Firms.
  • Blank, Brian, Kathryn Schumann-Foster, and Tracie Woidtke, 2019, Exempt Solicitation Campaigns.

  • Paper presentation, 2017, European Financial Management Association Annual Meeting, The Local Market Perception of Firm Risks during Cross-listing Events.
  • Paper presentation (by co-author), 2017, Multinational Finance Society Annual Meeting, The Local Market Perception of Firm Risks during Cross-listing Events.
  • Paper presentation, 2016, Financial Management Association Annual Meeting, The Information Content and Investor Reaction to SEC Disclosures by Foreign Firms.
  • Paper presentation (by co-author), 2016, 2016 AAA FARS Mid- Year Meeting, The Information Content and Investor Reaction to SEC Disclosures by Foreign Firms.
  • Paper presentation, 2016, 2016 FMA European Conference, The Information Content and Investor Reaction to SEC Disclosures by Foreign Firms.
  • Paper presentation, 2015, Financial Management Association Annual Meeting, Exempt Solicitation Campaigns.
  • Paper presentation (by co-author), 2015, 6th Annual National Business Law Scholars Conference, The Information Content and Investor Reaction to SEC Disclosures by Foreign Firms.
  • Paper presentation, 2013, Eastern Finance Association Annual Meeting, Reverse Mergers and Earnings Quality.
  • Paper presentation (by co-author), 2013, AAA Annual Meeting, Earnings Quality of Foreign vs. U.S. Reverse Mergers: Geographical Location or Firm-Level Incentives.
  • Paper presentation (by co-author), 2013, AAA IAS Midyear Meeting, Earnings Quality of Foreign vs. U.S. Reverse Mergers: Geographical Location or Firm-Level Incentives.
  • Paper presentation (by co-author), 2013, SFA Annual Conference, Earnings Quality of Foreign vs. U.S. Reverse Mergers: Geographical Location or Firm-Level Incentives.
  • Paper presentation (by co-author), 2013, AAA Audit Section Midyear Meeting, Earnings Quality of Foreign vs. U.S. Reverse Mergers: Geographical Location or Firm-Level Incentives.
  • Paper presentation, 2012, International Banking, Economics and Finance Association (IBEFA), Summer Meeting, Shareholder-Initiated Lawsuits and Cross-Listed Firms: The Market Penalties of Securities Class Action Lawsuits.
  • Paper presentation, 2012, American Law and Economics Association Annual Meeting, Shareholder-Initiated Lawsuits and Cross-Listed Firms: The Market Penalties of Securities Class Action Lawsuits.
  • Paper presentation, 2012, CFA-FAJ-Schulich Conference on Fraud, Ethics and Regulation, Cross-Listed Firms and Shareholder-Initiated Lawsuits: The market penalties of securities class action lawsuits against foreign firms.

Last Reviewed or Updated: June 28, 2024