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Michael Wynes

Michael Wynes

Followers of Michael Wynes926 followers
location of Michael WynesSaskatoon, Saskatchewan, Canada

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  • Timeline

  • About me

    Assistant Professor of Accounting at University of Saskatchewan

  • Education

    • Queen's University

      2014 - 2018
      Doctor of Philosophy (Ph.D.) Management (Accounting)

    • Brigham Young University - Hawaii

      2008 - 2010
      Bachelor of Science Accounting Magna Cum Laude

      Activities and Societies: Investment Club, Professional Accounting Society Minor: Economics

    • University of Saskatchewan

      2011 - 2014
      Masters of Science Finance

      Thesis Abstract:In a crisis managers are confronted with a dilemma between an ethical responsibility to respond to victims and their fiduciary responsibility to protect shareholder’s wealth. This study provides empirical evidence that a company apology made during a crisis can have a positive or negative effect on stock price depending on the level of responsibility for a crisis born by the firm. We use Coombs’ (2007) Situational Crisis Communication Theory to classify crises and… Show more Thesis Abstract:In a crisis managers are confronted with a dilemma between an ethical responsibility to respond to victims and their fiduciary responsibility to protect shareholder’s wealth. This study provides empirical evidence that a company apology made during a crisis can have a positive or negative effect on stock price depending on the level of responsibility for a crisis born by the firm. We use Coombs’ (2007) Situational Crisis Communication Theory to classify crises and appropriate response type for 235 unique crises between 1983 and 2013. We use event study methodology to study the effect of an apology on returns. The results show that managers apologizing to those affected for a victim or accidental crisis jeopardize shareholder wealth; however offering an apology for a preventable crisis offsets this negative effect. Show less

  • Experience

    • Brigham Young University Hawaii

      Jan 2009 - Jun 2011

      • Developed and administered 6 undergraduate finance and economic classes. Responsibilities included procuring materials, tutoring, creating and grading assignments and exams. The specific classes included:FIN 357 - Financial Analysis ToolsThis course focused on using the Bloomberg professional terminal by first becoming certified through the five on-line modules. After completion of the initial certification, mastery of the terminal was developed by doing real world analysis.FIN 375 - Corporate FinanceThis course was largely case based, utilizing the vast database of Harvard Business Cases. Topics specifically studied included risk analysis, capital decision making, mergers & acquisitions, and other applications of financial principles.FIN 410 - InvestmentsThis course looked at the fundamental pillars of investment analysis including risk and return, efficient diversification, capital asset pricing, bond pricing & yields, macroeconomic analysis, equity valuation, financial statement analysis, options markets, and futures markets.FIN 492R - Chartered Financial Analyst Exam PreparationThis course was held weekly for the purpose of reviewing all the relevant material for the CFA Level 1 exam. All topics outlined by the CFA Institute were covered during the full year.ECON 200/201 - Principles of Microeconomics/MacroeconomicsBoth classes cover the foundational principles in economics including product and resource markets, profit maximization under various market structures, determinants of output, employment & inflation, monetary & fiscal policy tools, and international trade & finance. Show less

      • Special Instructor

        Jan 2011 - Jun 2011

      • Graduate Intern

        Jun 2010 - Jan 2011

      • Teachers Assistant - Economics

        Jan 2009 - Jun 2010

    • University of Saskatchewan

      Jun 2012 - May 2014

      Using content analysis to look at apologies within employer disciplinary situations that have lead to arbitration. I analyzed 600 arbitration cases with an average page count of 35.Working paper: "The Value of Apology in Discharge and Discipline Labor Arbitration Cases". • Lectured on intermediate corporate finance to a class of 40+ undergraduate students.• Key topics included: return and risk, raising capital, cost of capital, financial leverage, capital structure, dividends & dividend policy, mergers & acquisitions, leasing, derivative securities, and hedging.• Scored 4.0/5.0 (department average 3.8) on student reviews (31% response rate).

      • Special Projects Analyst

        May 2013 - May 2014

      • Research Assistant

        Sept 2012 - May 2013

      • Sessional Lecturer

        Jun 2012 - Aug 2012

    • Queen's University

      Sept 2014 - Jul 2018
      PhD Student

    • Wilfrid Laurier University

      Jul 2018 - Jun 2022
      Assistant Professor of Accounting

    • Edwards School of Business, University of Saskatchewan

      Jul 2022 - now
      Assistant Professor

  • Licenses & Certifications

    • Bloomberg Essentials

      Bloomberg L.P.

  • Honors & Awards

    • Awarded to Michael Wynes
      University Graduate Scholarship University of Saskatchewan - College of Graduate Studies and Research 2012 University wide competitive scholarship. Awarded based on a combination of prior academic performance and research thesis/dissertation potential.
    • Awarded to Michael Wynes
      Graduate Teaching Fellowship University of Saskatchewan - College of Graduate Studies and Research 2011
    • Awarded to Michael Wynes
      1st Place BYU-Hawaii Accounting Case Competition Brigham Young University Hawaii - Willis Center for International Entrepreneurship 2010 In a team with three fellow senior accounting students, we competed in the first accounting case competition. We were presented with the case a week prior to the official competition. The case looked at leasing and deprecation issues with an airline emerging from bankruptcy. We prepared a short 20 minute presentation about our analysis and recommendation of the case.
    • Awarded to Michael Wynes
      1st Place BYU-Hawaii Business Plan Competition Brigham Young University Hawaii - Willis Center for International Entrepreneurship 2010 Developed a website that allowed student users to compare textbook prices instantly across various book retail sites. Originally founded and ran for a semester prior to the business plan competition with Marcus Lobendahn.
    • Awarded to Michael Wynes
      Dean's Award for Excellence on Major Field Test Brigham Young University Hawaii - School of Business 2010 The Major Field Test in business is an examination to show the cumulative knowledge in general business practices obtained during the course of undergraduate studies. Our personal scores are ranked against other institutions. The Dean's Award for Excellence is awarded to those who scored in the top 90% of all test takers nation wide.Specifically the exam tests the following areas:Accounting, economics, management, quantitative business analysis, information systems, finance… Show more The Major Field Test in business is an examination to show the cumulative knowledge in general business practices obtained during the course of undergraduate studies. Our personal scores are ranked against other institutions. The Dean's Award for Excellence is awarded to those who scored in the top 90% of all test takers nation wide.Specifically the exam tests the following areas:Accounting, economics, management, quantitative business analysis, information systems, finance, marketing, legal and social environment, and international issues. Show less