Wayne R. Guay

Yageo Professor of Accounting,
The Wharton School,
University of Pennsylvania

For more information, contact:

  • Catherine J. Galley
  • Jean-Philippe Poissant

or any member of our senior staff.


Wayne Guay provides expert testimony on executive compensation and incentives, employee stock option valuation, insider trading, corporate governance, firm valuation, accounting, financial statement analysis, and damages. Professor Guay has been retained on a number of high-profile litigation matters and has testified at trial, at deposition, and in arbitration. The venues where he has served as an expert include U.S. district courts, U.S. bankruptcy courts, state circuit courts, and regulatory agencies, as well as an international court.

Professor Guay conducts research and consults to numerous companies on executive compensation and incentives, including benchmarking, valuation of employee stock options, insider trading (including use of Rule 10b5-1 plans), and the design of executive compensation contracts. His areas of expertise also include corporate governance, financial reporting and the quality and role of financial transparency in governance and contracting, the corporate information environment, firm valuation, and financial statement analysis.

At the Wharton School, he has received an excellence in teaching award. Professor Guay coedits the Journal of Accounting and Economics and has served on the editorial boards of several other journals, including the Journal of Accounting Research and the Accounting Review. His many scholarly articles have been published in numerous peer-reviewed journals and have won several best paper awards.


Appraisal Litigation in a Going Private Transaction


JDS Uniphase Corporation Securities Litigation