Biography

Associate Professor, Finance


BScEE (New Brunswick); MBA, PhD (McMaster); CFA; PEng


Dr. Andrew Carrothers is an Associate Professor of Finance at the Faculty of Business. He teaches at both the undergraduate and graduate levels in the areas of corporate, international, personal, and entrepreneurial finance. He holds a PhD in Finance from McMaster University. His primary research
interest is corporate governance, with a particular focus on hedge fund activism and executive compensation. He is also active with research on financial literacy.


Prior to joining UPEI, Andrew gained extensive work experience as a senior manager at an S&P 500 company. He is a Chartered Financial Analyst (CFA) charter holder and is a member of Professional Engineers Ontario.

Recent Publications

Changing attitudes toward executive perquisites: Indications from TARP

Journal of Business and Economics, 2019

Impact of public scrutiny on executive compensation

Journal of Financial Regulation and Compliance, 2019

Economic loss analysis to Prince Edward Island resulting from a prolonged closure of the Confederation Bridge

Canadian Journal of Regional Science = Revue canadienne des sciences régionales, 2018

Shareholder activism

Canadian Securities Institute Research Foundation Journal, 2018

An empirical evaluation of the determinants of executive perks at S&P 500 firms

Global Journal of Research in Management, 2017

Research Classification

  • no classification

Research Interests

  • Corporate governance
  • Hedge fund activism
  • Executive compensation
  • Financial literacy education
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