Faculty Profiles

Colleges and Departments

Dr. Janet Payne

  • Professor - Finance & Economics

Biography and education

Janet Payne, Ph.D. is a Professor in the Department of Finance and Economics at Texas State University. She received her Bachelors of Business Administration in Accounting from Sam Houston State University and her M.S. and Ph.D. degrees in Finance from Georgia State University. She is Faculty Advisor for the Financial Management Association, which has won Superior Chapter recognition virtually every year. Dr. Payne serves as Faculty Mentor for the Chartered Financial Analyst (CFA) Research Challenge. Three of her five CFA Research teams have made it to the four-state finals, with two of those teams winning first and second place to advance to the regional competitions. She has published research on various corporate finance issues in Journal of Financial and Quantitative Analysis, Financial Review, Journal of Financial Research, Journal of Financial Education, and various other outlets. She holds the Certified Treasury Professional and Financial Planning and Analysis Professional designations.

Teaching Interests

Research Interests

  • Alanis, E., Payne, J., & Picard, J. (2020). Managing for Ratings: Real Effects of a Corporate Ratings Criteria Change. Journal of Financial Research, 43(4), 821–845.
  • Payne, J., Alanis, E., Lessieg, V., & Quijano, M. (n.d.). Can Machine Learning Methods Predict Beta? Applied Economics.
  • Tanner, G., Chittenden, W. T., & Payne, J. (2020). Style Drift Among Value and Growth Funds. Journal of Investing, 29, 51–60. https://doi.org/https://doi.org/10.3905/joi.2020.1.142
  • You, L., & Payne, J. (2018). Do Multiple Foreign Listings Create Value for Firms? Quarterly Review of Economics and Finance, 69, 134-143.
  • Lesseig, V., & Payne, J. (2017). The Precision of Asset Beta Estimates. International Journal of Managerial Finance, 13(2), 213–224.
View all scholarly/creative works
  • Award / Honor Recipient: Dean Nominee for the Presidential Award for Excellence in Teaching, McCoy College. 2024
  • Award / Honor Recipient: Dean Nominee for the Presidential Award for Excellence in Service, McCoy College. 2021
  • Award / Honor Recipient: Presidential Distinction Award for Excellence in Service. 2017
  • Award / Honor Recipient: Best Educational Research Paper, Financial Education Association. September 2014
  • Award / Honor Recipient: Dean Nominee for the Presidential Award for Excellence in Service, McCoy College. 2013
View all awards
  1. Member

    Graduate Council

  2. Member

    American Finance Association Academic Female Finance Committee (AFFECT)

  3. Member

    MSQFE Admissions Committee

  4. Member

    Research Committee

  5. Member

    College T&P Review Group

  6. Graduate Advisor

    Master of Science in Quantitative Finance and Economics

  7. View all activities