Jean Canil

APrf Jean Canil

Associate Professor

School of Accounting and Finance

College of Business and Law

Eligible to supervise Masters and PhD - email supervisor to discuss availability.

Dr. Jean Canil is an associate professor of finance at the University of Adelaide Business School.

Year Citation
2025 Li, Y., Liu, X., Canil, J., & Cheong, C. S. (2025). Biodiversity Risk and Firm Efficiency. Finance Research Letters, 71, 106414.
DOI Scopus26 WoS26
2024 Li, Y., Cheong, C. S., & Canil, J. (2024). CEO-employee pay ratio and labor investment efficiency. Finance Research Letters, 67, 105761-1-105761-9.
DOI Scopus3 WoS3
2023 Canil, J., Karpavicius, S., Liu, Y., & Yu, C. -F. J. (2023). Sports Inspiration and Executive Compensation.
2023 Canil, J., Cumming, D. J., Liu, Y., & Yu, C. -F. J. (2023). Sports Inspiration and Inventor Productivity.
2023 Perera, A., Canil, J., & Karpavicius, S. (2023). Impact of Cybersecurity Risk on Corporate Payout Policy.
2022 Karpavicius, S., & Canil, J. (2022). Managerial risk-taking incentives and cash holding in U.S. firms:
Evidence from FAS 123R. International Review of Economics and Finance, 78, 605-628.
DOI Scopus5 WoS4
2022 Canil, J., Karpavičius, S., Li, S., & (Jeffrey) Yu, C. -F. (2022). Say on Mobility:Do CEO Outside Opportunities Affect Shareholder Say on Pay?. Finance Research Letters, 47(B), 1-8.
DOI
2021 Canil, J., Karpavičius, S., & Yu, C. F. (2021). TMT gender diversity: implications for corporate tournaments and innovation. European Journal of Finance, 27(17), 1-26.
DOI Scopus9 WoS7
2021 Canil, J., & Karpavicius, S. (2021). The Relation between Non-Executive Employee Stock Options and Corporate Innovation: Evidence from FAS 123R.
2021 Canil, J., Karpavicius, S., & Yu, C. -F. J. (2021). CEO Mobility and Corporate Payouts. Journal of Business Finance and Accounting, 50(9-10), 1743-1778.
DOI Scopus9 WoS10
2021 Canil, J., Karpavicius, S., & Yu, C. -F. J. (2021). Does Job Security Affect Board Monitoring? Evidence from Forced CEO Turnover.
2020 Canil, J., & Karpavicius, S. (2020). Compensation consultants: Does reputation matter?. Journal of Corporate Finance, 64, 26 pages.
DOI Scopus7 WoS6
2019 Vo, T., & Canil, J. (2019). CEO pay disparity: efficient contracting or managerial power?. Journal of Corporate Finance, 54, 168-190.
DOI Scopus42 WoS35
2019 Canil, J., Karpavicius, S., & Yu, C. (2019). Are shareholders gender neutral? Evidence from say on pay. Journal of Corporate Finance, 58, 169-186.
DOI Scopus24 WoS20
2018 Canil, J., & Rosser, B. (2018). CEO incentive pay around performance declines. Managerial Finance, 44(8), 1047-1067.
DOI Scopus2 WoS1
2018 Canil, J., & Karpavicius, S. (2018). Are employee stock option proceeds a source of finance for investment?. Journal of Corporate Finance, 50, 468-483.
DOI Scopus5 WoS4
2017 Canil, J., & Karpavicius, S. (2017). Cash Holding in U.S. Firms: Evidence from FAS 123R. SSRN Electronic Journal.
DOI
2017 Canil, J. (2017). Non-dividend protected executive options and dividend policy: Evidence from SFAS 123R. Journal of Corporate Finance, 44, 15-33.
DOI Scopus12 WoS11
2015 Canil, J., & Rosser, B. (2015). Evidence on exercise pricing in CEO option grants in two countries. Annals of Finance, 11(3-4), 383-410.
DOI Scopus1 WoS1
2015 Vo, T. T. N., & Canil, J. (2015). CEO Pay Disparity: Efficient Contracting or CEO Entrenchment?.
2013 Canil, J., & Rosser, B. (2013). Australian Evidence on CEO Option Grants. Multinational Finance Journal, 2012, vol. 16, (3).
2012 Canil, J., & Rosser, B. (2012). Australian evidence on CEO option grants. Multinational Finance Journal, 16(3/4), 225-260.
DOI
2011 Canil, J., & Rosser, B. (2011). Modeling executive pay as a barrier call. Corporate Ownership and Control, 8(3), 548-564.
DOI
2011 Canil, J., & Rosser, B. (2011). Tests of two optimal incentive models for executive stock options. Corporate Ownership and Control, 9(1), 136-155.
DOI
2011 Canil, J., & Rosser, B. (2011). A Test of the Incremental Power of CEO Productivity in Optimum Incentive Modelling.
2011 Canil, J., & Rosser, B. (2011). A Dual Role for Restricted Stock Grants. SSRN Electronic Journal.
DOI
2010 Canil, J., & Rosser, B. (2010). Executive bonuses. Corporate Ownership and Control, 7(4), 197-212.
DOI
2010 Canil, J., & Rosser, B. (2010). Is there an optimum grant size and exercise price for incentivizing executives?. Corporate Board: role, duties and composition, 6(1), 6-18.
DOI Scopus1
2009 Rosser, B., & Canil, J. (2009). Evidence that stock options work for CEOs - but not for incentive reasons. Corporate Ownership and Control, 7(2), 30-49.
DOI
2009 Canil, J. (2009). Evidence that Executive Productivity Matters When Determining Optimal Incentive Levels. SSRN Electronic Journal.
DOI
2008 Rosser, B., & Canil, J. (2008). Is there a firm-size effect in CEO stock option grants?. Corporate Ownership and Control, 6(1), 115-126.
DOI Scopus1
2008 Canil, J., & Rosser, B. (2008). Dividend reinvestment plans and the reinvestment discount. JASSA, 4(4), 26-30.
2007 Canil, J., & Rosser, B. (2007). How toeholds become footholds. Corporate Ownership and Control, 4(3), 25-40.
DOI
2007 Canil, J., & Rosser, B. (2007). Toeholds and bid deferral. Global Business & Finance Review, 12(1), 103-113.
2007 Canil, J., & Rosser, B. (2007). Pay-performance sensitivities of CEO stock option grants. JASSA, 1, 2-5.
WoS1
2006 Rosser, B. A., & Canil, J. M. (2006). Discount and premium awards in the context of pre-existing ESOP conditions. Corporate Ownership and Control, 3(2), 54-67.
DOI
2006 Canil, J., & Rosser, B. (2006). CEO Stock Option Awards, Managerial Stock Ownership and Contract Conditions. SSRN Electronic Journal.
DOI
2005 Rosser, B., & Canil, J. (2005). Discount and premium awards in the context of pre-existing ESOP conditions. Corporate Ownership and Control, 3(2 A), 53-67.
2005 Canil, J., & Rosser, B. (2005). Corporate hedging and managerial ownership. JASSA, 1, 37-39.
2005 Canil, J., & Rosser, B. (2005). Financial risk hedging, borrowing and capital expenditure. Global Business & Finance Review, 10(1), 59-69.
2005 Canil, J., & Rosser, B. (2005). A test of mandated accounting change: Consolidation standard AASB 1024. Global Business & Finance Review, 10(1), 75-86.
2005 Canil, J., & Rosser, B. (2005). Executive stock options: Preliminary Australian evidence of shareholder wealth effects of pre-effort contracting. Corporate Ownership and Control, 2(3), 94-105.
DOI
2004 Canil, J., & Rosser, B. (2004). The before-/after-interest choice in the measure of segment earnings. Global Business & Finance Review, 9(1), 51-62.
2004 Canil, J., & Rosser, B. (2004). Toehold. African Financial Journal, 6(1), 37-55.
2003 Canil, J., & Rosser, B. (2003). Corporate responses to the introduction of the Australian consolidation standard: a test of disclosure cost explanations. Journal of the Academy of Business and Economics, 1(2), 146-154.
2003 Canil, J., & Rosser, B. (2003). Executive options: don't throw the baby out with the bath water. JASSA, 2, 32-35.
2001 Rosser, B., & Canil, J. (2001). All about EVA and financial analysis. JASSA, 4(Summer), 27-31.
2001 Rosser, B., & Canil, J. (2001). Toeholds and bids. JASSA, 3(Spring), 6-9.
2001 Rosser, B., & Canil, J. (2001). A note on financial risk management in Australian companies. African Financial Journal, 3(1), 26-32.
2000 Canil, J., & Rosser, B. (2000). Corporate hedging of financial risk: Part 2 - Can we explain hedging activity?. The Finance and Treasury Professional, 12(3), 15-18.
2000 Canil, J., & Rosser, B. (2000). Corporate Hedning of Financial Risks: Part I - An Australian Survey. The Finance and Treasury Professional, 12(2), 18-20.
2000 Canil, J., & Rosser, B. (2000). Evidence of tax loss selling in corporate asset sales. Accounting Research Journal, 13(2), 51-66.
2000 Canil, J., & Rosser, B. (2000). How much to hedge - who knows?. JASSA, 3, 32-37.
1997 Canil, J. (1997). Salaries with optional extras. [Why the boss cares about what the market thinks]. JASSA, Jan-March, 14-18.
1997 Canil, J., & Rosser, B. (1997). Partly paid, partly popular : changing trends in executive share issues. JASSA, 3, 35-38.
- Canil, J., & Karpavicius, S. (n.d.). Are Employee Option Proceeds a Source of Finance for Investment?. SSRN Electronic Journal.
DOI
- Canil, J., Li, Y., & Cheong, C. S. (n.d.). Disclosure of Rank-and-File Employee Pay Gap and Crash Risk.
- Rosser, B., & Canil, J. (n.d.). How Toeholds Become Footholds. SSRN Electronic Journal.
DOI
- Canil, J. (n.d.). Evidence on the Contingent Value of Cash-Based Executive Compensation. SSRN Electronic Journal.
DOI
- Canil, J., & Rosser, B. (n.d.). At-the-Money vs. Non-At-the-Money CEO Stock Option Grants. SSRN Electronic Journal.
DOI
- Canil, J. (n.d.). Is There a Firm-Size Effect in CEO Stock Option Grants?. SSRN Electronic Journal.
DOI

Year Citation
2009 Canil, J., & Rosser, B. (2009). Does CEO productivity matter for incentivizing CEOS? An empirical test. In Proceedings of the Financial Management Association International Annual Meeting (pp. 1-35). USA: FMA.
2008 Canil, J., & Rosser, B. (2008). Emprical performance of the Hall and Murphy optimal compensation model for CEOs. In Proceedings of Southern FInance Association Annual Meetings (pp. 1-39). USA: Southern Finance Association.
2008 Canil, J., & Rosser, B. (2008). Tests of two optimal incentive models. In Proceedings of the FMA European Conference (pp. 1-32). USA: FMA.
2007 Canil, J., & Rosser, B. (2007). Moneyness of CEO stock option grants. In 14th Annual Conference of the Multinational Finance Society. Thessaloniki, Greece.
2006 Canil, J., & Rosser, B. (2006). CEO stock options and pre-award plan conditions. In L. Oxelheim, & P. Rau (Eds.), Proceedings of 2006 FMA European Conference (pp. www1-www17). www: FMA.
2006 Canil, J., & Rosser, B. (2006). CEO stock options: The impact of pre-awarded CEO stock ownership and plan and award conditions. In D. Emery (Ed.), Proceedings of the 2006 FMA Annual Meeting (pp. www1-www20). www: FMA.
2006 Canil, J., & Rosser, B. (2006). Pre-bid acquisitions of target stock and management-controlled equity. In J. Pellon (Ed.), Proceedings of EFMA 2006 Annual Conference (pp. www1-www24). www: EFMA.
2005 Canil, J. (2005). Toeholds and entrenchment. In T. Campbell (Ed.), Proceedings of the 2005 annual meeting of the financial management association international (pp. WWW 0-WWW 33). http://www.fma.org/Chicago/ChicagoProgram.htm: Financial Management Association International.
DOI
2004 Canil, J., & Rosser, B. (2004). Coincident and deferred takeover offers. In A. Gupta (Ed.), Proceedings of the 3rd Global Conference on Business and Economics 2004 (pp. 1-15). USA: ABER.
2004 Canil, J., & Rosser, B. (2004). Executive stock options: Evidence that premium and discount awards do matter. In W. Drobetz, & H. Zimmermann (Eds.), Proceedings of the European Financial Management Association 2004 Annual Meeting (pp. www 1-www 11). www.wwz.unibas.ch/cofi/efma/apl.htm#c: EMFA.
DOI
2004 Rosser, B., & Canil, J. (2004). Toeholds and bid timing: Recognizing the option value of deferral. In R. Heron (Ed.), Proceedings of the 2004 FMA Annual Meeting (pp. www 1-www 19). http://207.36.165.114/NewOrleans/Papers/1502199.pdf: Financial Management Association International (FMA).
DOI
2003 Canil, J., & Rosser, B. (2003). Toehold acquisitions and bid timing. In R. Clute (Ed.), European Applied Business Research Conference Refereed Proceedings (pp. CDROM 1-CDROM 29). CDROM: Western Academic Press.
2000 Canil, J. (2000). Does toehold size matter? An empirical analysis. In Proceedings of 2000 FMA European Meeting (pp. 1-17). Edinburgh, Scotland.

Date Role Research Topic Program Degree Type Student Load Student Name
2024 Principal Supervisor Increasing confidence in Australian carbon disclosures Doctor of Philosophy Doctorate Full Time Mr Jinhong Park
2024 Principal Supervisor Increasing confidence in Australian carbon disclosures Doctor of Philosophy Doctorate Full Time Mr Jinhong Park
2023 Co-Supervisor Data Breaches and Corporate Policies Doctor of Philosophy Doctorate Full Time Mr Andre Michael Annesley Perera
2023 Co-Supervisor Data Breaches and Corporate Policies Doctor of Philosophy Doctorate Full Time Mr Andre Michael Annesley Perera

Date Role Research Topic Program Degree Type Student Load Student Name
2022 - 2025 Principal Supervisor Three Studies on Behavioral Corporate Finance: Evidence from Long-Awaited Sports Victories Doctor of Philosophy Doctorate Full Time Mr Yudong Liu
2020 - 2023 Principal Supervisor Three Essays on CEO Compensation Doctor of Philosophy Doctorate Full Time Dr Yulin Li
2020 - 2022 Principal Supervisor Increasing confidence in Australian carbon disclosures Doctor of Philosophy Master Full Time Mr Jinhong Park
2018 - 2019 Co-Supervisor Hierarchical Complexity and Corporate Opaqueness Doctor of Philosophy Doctorate Full Time Mr George Zhao

Date Role Editorial Board Name Institution Country
1999 - ongoing Associate Editor Global Business and Finance Review - Korea, Republic of
1992 - ongoing Associate Editor JASSA - Australia

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