Julie Ann Elston

Professor of Finance
Julie.Elston@osucascades.edu

Office: 541-322-3165

Tykeson Hall

Tykeson Hall 339

1500 SW Chandler Avenue

1500 SW Chandler Avenue
Bend, Oregon 97702
Credentials: 
Ph.D., M.A. Economics, University of Washington, June 1992
M.S. Quantitative Economics (Statistics), Baruch College, New York, June 1985
B.A. Business Administration, University of Washington, June 1982
Curriculum Vitae: 
PDF icon curriculum_vitae_august_2022.pdf

Profile Field Tabs

Journal Article


J. Elston, “Firm Growth in the Middle East and North African (MENA) Region Through the Lens of Gibrat’s Law ”, 2022.

J. Elston, “Corporate Governance: What We Know And Don’t Know ”, 2019.

J. Elston and Weidinger, A., “Internationalization and Regional Entrepreneurship in China”, 2019.

J. Elston, Chen, S., and Weidinger, A., “The role of informal capital on new venture formation and growth in China”, vol. 46, pp. 79-91, 2016.

J. Elston and Alon, I., “Business Cultural Intelligence Quotient: A Five-Country Study ”, 2016.

J. Elston, “Evidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China”, vol. 7, 2016.

J. Elston, Rondi, L., and Bhattacharyya, N., “Executive Compensation and Agency Issues in Italy ”, vol. 5, 2014.

J. Elston and Chen, S., “Entrepreneurial motives and characteristics: An analysis of small restaurant owners ”, vol. 35, pp. 294-305, 2013.

J. Elston and Bhattacharyya, N., “Dividends, Executive Compensation, and Agency Costs: Empirical Evidence From Germany”, vol. 11, pp. 11-20, 2011.

J. Elston and , “Financing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs ”, vol. 36, pp. 209-222, 2011.

J. Elston, “Risk Attitudes, Wealth and Sources of Entrepreneurial Start-up Capital”, vol. 76, pp. 82-89, 2010.

J. Elston and Yang, J., “Venture Capital, Ownership Structure, Accounting Standards and IPO Underpricing: Evidence from Germany”, vol. 62, pp. 517-536, 2010.

J. Elston and Rondi, L., “Corporate Governance and Capital Accumulation: Firm Level Evidence from Italy ”, vol. 56, pp. 634-661, 2009.

J. Elston and Rondi, L., “Shareholder Protection and the Cost of Capital: Evidence from German and Italian Firms ”, vol. 18, pp. 153-172, 2007.

and Elston, J., “Can Institutional Change Impact High-Technology Firm Growth: Evidence from Germany's Neuer Markt ”, vol. 25, pp. 9-23, 2006.

and Elston, J., “Finance, Control and Profitability: An Evaluation of German Bank Influence”, vol. 59, pp. 69-88, 2006.

J. Elston, “Bank Influence, Firm Performance and Survival”, vol. 1, pp. 65-71, 2004.

S. Bond, Elston, J., Mairesse, J., and Mulkay, B., “Financial Factors and Investment in Belgium, France, Germany, and the United Kingdom: A Comparison Using Company Panel Data ”, vol. 85, pp. 153-165, 2003.

J. Elston and Goldberg, L., “Executive Compensation and Agency Costs in Germany ”, vol. 27, pp. 1391-1410, 2003.

and Elston, J., “Does firm size matter? Evidence on the impact of liquidity constraints on firm investment behavior in Germany ”, vol. 20, pp. 1-17, 2001.

R. Agarwal and Elston, J., “Bank-firm relationships, financing and firm performance in Germany ”, vol. 72, pp. 225-232, 2001.

J. Elston, “Market Linkages Between the US and Japan: An Application to the Fisheries Industry ”, vol. 11, pp. 517-530, 1999.

D. Audretsch and Elston, J., “Financing the German Mittelstand ”, vol. 9, pp. 97-110, 1997.

D. Audretsch and Elston, J., “Le Financement de la Mittelstand Allemande ”, vol. 8, pp. 121-147, 1996.

J. Elston, “Dividend policy and investment: Theory and evidence from US panel data ”, vol. 17, pp. 267-275, 1996.

J. Elston, “Banks, Finance and Investment in German: A Review Article ”, vol. 7, pp. 475-479, 1995.

J. Elston and Albach, H., “Bank Affiliations and Firm Capital Investment in Germany ”, vol. 1, pp. 1-15, 1994.

Presentation


J. Elston, “Challenges and Opportunities of Research in Austria”. Invited Online Webinar, 2021.

J. Elston, “Austria's Research Opportunities”. Online Webinar, 2020.

J. Elston, “Evidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China”. Copenhagen, 2018.

J. Elston, Weidinger, A., and Widmer, M., “An Examination of the Relationship Between Size and Growth of Listed Firms in the United Arab Emirates”. Oxford, UK, 2018.

J. Elston and Weidinger, A., “Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China”. Dubai, 2016.

J. Elston, “Internationalization, Geographic Location and Entrepreneurial Intention”. New Orleans, LA, 2016.

J. Elston, “Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China”. China, 2016.

J. Elston, “A Hierarchy of Cultural Intelligence Antecedents”. India, 2015.

J. Elston, “Measuring Cultural Intelligence”. Abu Dhabi, UAE, 2015.

J. Elston, “Cultural Intelligence Antecedents”. Warsaw, Poland, 2015.

J. Elston, “A Hierarchy of Cultural Intelligence Antecedents”. Vancouver, BC, Canada, 2015.

J. Elston, “The Role of Informal Capital in Growth in China”. Dubai, UAE, 2015.

J. Elston, “International Entrepreneurship”. Vienna, 2014.

J. Elston, “Measuring Risk Attitudes of High-Technology Entrepreneurs”. Vienna Austria, 2013.

J. Elston, “Business Cultural Intelligence Quotient (BCIQ)”. Orlando, FL, 2013.

J. Elston, “International Entrepreneurship”. Bratislava, Slovakia., 2013.

J. Elston, “Measuring the Impacts of Risk Attitudes and Entrepreneurship of US High Technology Entrepreneurs”. Rome, Italy, 2013.

J. Elston, ““Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China””. Washington DC, 2012.

J. Elston, ““Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China””. Boston, 2012.

J. Elston, “Entrepreneurship in China”. Orlando, FL, 2011.

J. Elston, “Agency Costs, Dividends and Executive Compensation: Empirical Evidence from Germany”. Tampa, FL, 2010.

J. Elston, “Financing Entrepreneurship and Innovation”. Washington DC, 2010.

J. Elston, “DIVIDENDS, EXECUTIVE COMPENSATION, AND AGENCY COSTS:”. Chicago Il, USA, 2010.

J. Elston, “Firm Growth and Gibrat’s Law”. Stockholm Sweden, 2010.

J. Elston, “Dividends, Executive Compensation, and Agency Costs”. Milan, Italy, 2009.

J. Elston, “Financing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs”. Germany, 2009.

J. Elston, “Dividends and Agency Issues: Empirical Evidence From Germany”. St. John's Newfoundland, 2008.

J. Elston, “Financing Entrepreneurship”. Jena Germany, 2008.

J. Yang and Elston, J., “The Impact of Accounting Standards and Ownership Structure on IPO Underpricing: Evidence from Germany's Neuer Markt”. Las Vegas, NV, 2008.

J. Elston, “Dividends and Agency Issues: Empirical Evidence From Germany”. St. John's Newfoundland, 2008.

J. Yang and Elston, J., “The impact of accounting standards and ownership structure on IPO underpricing: evidence from Germany’s Neuer Market”. Las Vegas, 2008.

J. Elston, “Characterizing the Entrepreneur”. Riverwalk Hotel, 2007.

J. Elston, “Financing Entrepreneurship”. OSU Cascades, 2007.

J. Elston, “Financing Entrepreneurship”. Tegernsee Germany, 2007.

J. Elston, “Financing Entrpreneurship”. Jena Germany, 2006.

J. Elston, “Shareholder Protection and the Cost of Capital: Empirical Evidence from German and Italian Firms”. Jena Germany, 2004.

J. Elston, “Valuation Differences under 3 Accounting Standards: Empirical Evidence from Germany's Neuer Markt”. Frankfurt, Germany, 2004.

J. Elston, “Dividend Policy, Agency Costs and Institutional Ownership”. Berlin, Germany, 2004.

J. Elston, “Valuation Differences under 3 Accounting Standards: Empirical Evidence from Germany's Neuer Markt”. Jena, Germany, 2004.

J. Elston, “Financing Technology Growth in the 21st Century: Germany in Transition”. Albany, NY, 2003.

J. Elston, “Financing Technology Growth in the 21st Century: Germany in Transition”. Fullerton, CA, 2003.

J. Elston, “Dividend Policy, Agency Costs and Institutional Ownership in Germany”. 2003.

J. Elston, “Finance, Profitability and Control: An Evaluation of German Bank Influence”. San Diego, CA, 2003.

J. Elston, “Financing Technology Growth in the 21st Century: Can Policy Make a Difference?”. Fairfax, VA, 2003.

J. Elston, “Financing Technology Growth in the 21st Century: Germany in Transition”. TX, 2003.

J. Elston, “Dividend Policy, Agency Costs and Institutional Ownership in Germany”. Tampa FL, 2003.

J. Elston, “Untitled”. 2003.

J. Elston, “A Preliminary Examination of the Relationship Between Firm Size, Growth, and Liquidity in the Neuer Markt”. Atlanta, GA, 2002.

J. Elston, “What's New About the New Economy?”. Winter Park FL, 2002.

J. Elston, “Changing Policies and New Economic Growth: Germany in Transition”. Bloomington IN, 2002.

J. Elston, “The Digital Economy?”. Orlando FL, 2002.

J. Elston, “A Preliminary Examination of the Relationship Between Firm Size, Growth, and Liquidity in the Neuer Markt”. Seattle WA, 2002.

J. Elston, “Changing Policies and New Economic Growth: Germany in Transition”. Malibu CA, 2002.

J. Elston, “The Neuer Markt: Real and Financial Factors,”. Frankfurt, Germany, 2001.

J. Elston, “Growth of Neuer Markt Firms”. Washington DC, 2001.

J. Elston, “What's New About the New Economy”. Washington DC, 2001.

J. Elston and Goldberg, L., “Executive Compensation and Agency Costs in Germany”. Dublin Ireland, 2001.

J. Elston, “Executive Compensation and Agency Costs”. San Diego CA, 1999.

J. Elston, “Funding Gaps in Germany Industry”. Warwick, England, 1999.

J. Elston, “Finance, Control and Profitability: An Evaluation of German Bank Influence”. San Francisco CA, 1996.

J. Elston, “Finance, Control and Profitability: An Evaluation of German Bank Influence”. Pasadena CA, 1996.

J. Elston, “Does Firm Size Matter? Evidence on the Impacts of Liquidity Constraints on firm Investment Behavior in Germany”. Chania, Greece, 1994.

Book Chapter


J. Elston, “Dr. Audretsch: or How I Learned to Stop Worrying and Love Doing Small Business Research”, 2019.
At OSU
Research/Career Interests: 

Julie Ann Elston is a Professor of Finance in the College of Business at Oregon State University. She has published over 60 scholarly articles, papers and books in the fields of financial economics, entrepreneurship, and international business. She has held the Fulbright Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe at the Wirtschaftsuniversität Wien multiple times, including most recently in 2021-2022.

As a regular contributor to the field of entrepreneurship, she is Editor of Small Business Economics: An Entrepreneurship Journal and was named the 2019 Editor of the Year.  She has served as a consultant to a number of national and international governmental agencies, and organizations including the: National Oceanic and Atmospheric Administration (NOAA), Organization for Economic Cooperation and Development (OECD), Deutsche Bundesbank (German Central Bank), Central Bank of the United Arab Emirates, and U.S. National Academies of Science, Board on Science, Technology, and Economic Policy.

Dr. Elston graduated from the University of Washington's Department of Economics, and has held academic positions around the world including at the Wissenschaftszentrum Berlin in Germany, the Hoover Institution Stanford University, and the California Institute of Technology. She was selected as a Policy Fellow in the Robert Bosch Foundation Scholars Program in Comparative Public Policy at Johns Hopkins University; and served as a Research Fellow at the Max Planck Institute for Economics in Jena.

Courses Taught: 

Courses taught at Undergraduate, Honors Undergraduate, Masters, MBA, Executive Graduate and Doctoral levels,, including bachelor, masters and doctoral theses.

Beyond OSU
Personal Interests: 

Employment: 

PRIMARY POSITION

2016-present   Oregon State University, Professor, College of Business.

2010-2016       Oregon State University, Associate Professor, College of Business.

2005-2010       Oregon State University, Assistant Professor, College of Business.

AFFILIATED & PREVIOUS POSITIONS

                    Adjunct Professor, University of Oregon, MBA program, 2019.

                    Adjunct Professor, Oregon State University, College of Agricultural Sciences, 2016-present.

                    Visiting Professor of Innovation and Technology Management at the University of Applied Sciences –Technikum Vienna, Austria, 2013.

1998-2005   University of Central Florida, Assistant Professor.

1997-1998   University of Washington, the Northwest Center for Research on Women (NWCROW), Visiting Scholar. 

1996-1997   California Institute of Technology, Visiting Instructor.

1992-1996   Wissenschaftszentrum Berlin, Germany, Research Fellow.

Honors and Awards: 

University Grants and Awards

  • OSU Office of Research, “Corporate Governance and Financing in the UAE,” OSU, 2016.
  • OSU Office of Research, “Linking Personality Traits to Culture,” OSU, 2014.
  • General Research Fund Grant, “Entrepreneurship and Innovation,” OSU, 2013.

Honors and Awards:

Visiting Positions and Fellowships 

  • Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe 2021-2022. Institut für Entrepreneurship und Innovation, Wirtschaftsuniversität (WU) Vienna, Austria.
  • Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe 2019-2020. Institut für Entrepreneurship und Innovation, Wirtschaftsuniversität (WU) Vienna, Austria.
  • Visiting Scholar, Research and Statistics Department, United Arab Emirates (UAE) Central Bank, Abu Dhabi, UAE, 2016
  • Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe 2012-2013. Institut für Entrepreneurship und Innovation, Wirtschaftsuniversität (WU) Vienna, Austria.
  • Visiting Professor of Innovation and Technology Management at the University of Applied Sciences –Technikum Vienna, Austria, 2013.
  • Fulbright German Studies Seminar, Fulbright Scholar Grantee, 2008.
  • Max Planck Institute for Economics, Division of Entrepreneurship, Growth, and Public Policy, Research Fellow, 2003-2008.
  • National Academies of Science, Board on Science, Technology, and Economic Policy, 2002-2005.
  • American Institute for Contemporary German Studies (AICGS) Johns Hopkins University - Bosch Fellow, 2001.
  • Deutsche Bundesbank, Frankfurt, Research Fellow, 2001.
  • California Institute of Technology, Pasadena, 1996-1997.
  • University of Washington, the Northwest Center for Research on Women (NWCROW), Visiting Scholar, 1997-1998.
  • Hoover Institution, Stanford University, Visiting Scholar, 1995-1996.
  • Wissenschaftszentrum Berlin, Germany, Research Fellow 1992-1996.
  • Institute for Fiscal Studies, London, Visiting Scholar, March 1995.

University

  • General Research Fund Grant, “Entrepreneurship Dynamics and Firm Growth in China,” OSU, 2011.
  • L.L. Stewart Faculty Development Fund Grant, OSU, 2011.
  • Collaborative Research Grant, OSU-Cascades, 2010-2012.
  • Scholarship & Creative Activity Award, OSU Cascades, 2010.
  • Newcomb Associate Award for Research, College of Business, OSU, 2010.
  • Excellence in Scholarship, College of Business, OSU, 2009.
  • Newcomb Associate Award for Research, College of Business, OSU, 2008.
  • Newcomb Associate Award for Research, College of Business, OSU, 2007.
  • Carl L. Galloway Faculty Performance Award for Graduate Research, UCF, 2002.
  • College of Business Administration, Summer  Research Grant , UCF, 1999.

Service: 

  • Editor, Small Business Economics: An Entrepreneurship Journal
  • Reviewer for US Fulbright Scholar & Student Programs, Fulbright Austrian-American
    Educational Commission, Oregon State University Fulbright Review Committee
  • Reviewer for US National Science Foundation and Kauffman Foundation
  • Reviewer for various academic journals
Biography

Julie Ann Elston is a Professor of Finance in the College of Business at Oregon State University. She has published over 60 scholarly articles, papers and books in the fields of financial economics, entrepreneurship, and international business. She has held the Fulbright Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe at the Wirtschaftsuniversität Wien over several years, including most recently in 2021-2022.

As a regular contributor to the field of entrepreneurship, she is Editor of Small Business Economics: An Entrepreneurship Journal and was named the 2019 Editor of the Year.  She has served as a consultant to a number of national and international governmental agencies, and organizations including the: National Oceanic and Atmospheric Administration (NOAA), Organization for Economic Cooperation and Development (OECD), Deutsche Bundesbank (German Central Bank), Central Bank of the United Arab Emirates, and U.S. National Academies of Science, Board on Science, Technology, and Economic Policy.

Dr. Elston graduated from the University of Washington's Department of Economics, and has held academic positions around the world including at the Wissenschaftszentrum Berlin in Germany, the Hoover Institution Stanford University, and the California Institute of Technology. She was selected as a Policy Fellow in the Robert Bosch Foundation Scholars Program in Comparative Public Policy at Johns Hopkins University; and served as a Research Fellow at the Max Planck Institute for Economics in Jena.