Shaun McDowell

Ph.D. in Finance, University of Auckland, Business School, Auckland, New Zealand

M.M.S. in Finance (First Class), University of Waikato, Waikato Management School, Hamilton, New Zealand

B.Sc. in Computer Science (Co-op); Minor in Economics, University of Victoria, Victoria, B.C., Canada

Dr. McDowell’s research interests in estimation error are related to the efficiency of portfolio optimization, the benefits of international diversification and the equity home bias puzzle.

• FIN 3310 Corporate Finance I   
• GE 2021 Research and Technology
• FIN 3311 Corporate Finance II
• FIN 4300 Investments
• FIN 4310 Financial Institutions & Markets

Wu, J., McDowell, S., Onuk, C. B., Zhang, J. (2025). Top Management Team Educational Background and Stock Liquidity: Evidence from China. Journal of Risk and Financial Management, 18(10), 564.  https://doi.org/10.3390/jrfm18100564

Liu, Y., McDowell, S., Xue, C., Zhang, J., 2024. Environmental, social, and governance performance: The role of Chinese employee stock ownership plans. Environmental Economics, 15(2), 132-148. http://dx.doi.org/10.21511/ee.15(2).2024.10

McDowell, S., Lee, J.B., & Marsden, A. (2020). The potential effect of taxes on the equity home bias in New Zealand PIEs. Pacific-Basin Finance Journal, 62, 101375.

McDowell, S. (2018). An empirical evaluation of estimation error reduction strategies applied to international diversification. Journal of Multinational Financial Management, 44, 1-13.

McDowell, S. (2018). The benefits of international diversification with weight constraints: A cross-country examination. The Quarterly Review of Economics and Finance, 69, 99-109.

McDowell, S. (2017). The benefits of international diversification: Re-examining the effect of market allocation constraints. The North American Journal of Economics and Finance, 41, 190-203.