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Kyle S. Wells, Ph.D.

Dean, School of Business & Communication

Candy canes cupcake sweet roll cake candy lemon drops pastry dessert wafer. Croissant oat cake pie chocolate bar tart macaroon. Caramels jelly-o tart macaroon croissant tootsie roll marzipan. Fruitcake dessert lemon drops. Sweet wafer gummi bears. Cake dragée bear claw danish donut tiramisu. Cake cheesecake dragée gingerbread biscuit.


Contact Information

  • Email:
  • Phone: 435-652-7833
  • Office: Hazy #361


  • Ph.D. Finance, University of Utah, 2008
  • M.B.A. Finance and Information Systems, University of Arizona, 2002
  • B.S. Civil Engineering, University of Utah, 1998

Courses Taught

  • Business Statistics
  • Managerial Finance
  • Introduction to Investments
  • Managerial Finance II

Academic Articles

“Do Leases Expand Debt Capacity”, with James Schallheim and Ryan Whitby, JOURNAL of CORPORATE FINANCE, (forthcoming)

“Evidence of Motives and Market Reactions to Sale and Leasebacks”, with Ryan Whitby, JOURNAL of APPLIED FINANCE (2012, volume 22, No 1, pp. 57-76.)

“Empirical Tests of the Leasing Puzzle Using Sale and Leasebacks”, JOURNAL of BUSINESS and POLICY RESEARCH (Dec 2011, volume 6 No. 3, pp. 73-92.)

Capital Structure & Corporate Financing Decisions: Theory, Evidence, and Practice, “Chapter 19: Sale and Leasebacks”, Editors H. Kent Baker and Gerald S Martin, 2011, Wiley Publishing Co.

A Comparison of Field and Laboratory Measurements of Hydraulic Conductivity for Compacted Clay Liners”, co-authored with Hiram Alba, John Wallace, Eric Rosic and Bryon Elwell, Engineering Geology and Geotechnical Engineering Symposium, March 2000, pp. 133-147.

Working Papers

“Further Evidence of Wealth Effects of Sale and Leaseback Transactions”, with David Harrison and Ryan Whitby, Texas Tech University.

“Debt and Taxes: A New Measure of Non-debt Tax Shields”, co-authored with James Schallheim and Madhuparna Kolay, University of Utah.