Skip to Main Content

Dr. Docherty is a financial economist with expertise in securities valuation, investment risk analysis, funds management, and big data analytics.

He has applied his expertise in financial markets to assist clients on issues related to security valuation, damages quantification, and market efficiency. These engagements have included international arbitration matters, securities class action litigations, bankruptcy and reorganization proceedings, and transfer pricing matters.

Prior to joining The Brattle Group, Dr. Docherty worked in academia for approximately 15 years – most recently at Monash University. He has published 30 research papers in a range of peer-reviewed journals, including the Journal of Financial and Quantitative Analysis and the Journal of Corporate Finance. A core focus of many of these articles is the development and application of improved models to estimate the cost of capital, and understanding how these models might differ across countries. He also coauthored a widely used corporate finance textbook Financial Markets, Institutions and Money. In addition, Dr. Docherty has prior experience as a consultant on investment strategies and philosophies across the funds management industry.

Publications
Article
Flights to Control: Time-Variation in the Value of Voting Rights
2021
Paul Docherty, S. Easton, and S. Pinder
Forthcoming Article in the Journal of Corporate Finance
Article
Investor Myopia and the Momentum Premium Across International Equity Markets
October 2, 2018
Paul Docherty and G. Hurst
Published in the Journal of Financial and Quantitative Analysis
Article
Deep Neural Networks Understand Investors Better
August 2018
Paul Docherty, N. Mahmoudi, and P. Moscato
Published in Decision Support Systems
Article
The Feller Diffusion, Filter Rules and Abnormal Stock Returns
2018
Paul Docherty, Y. Dong, X. Song, and M. Tippett
Published in the European Journal of Finance
Article
Internal Governance Does Matter to Equity Returns but Much More So During "Flights to Quality"
May 8, 2018
Paul Docherty, P. Brooke, J. Psaros, and M. Seamer
Published in the Journal of Applied Corporate Finance
Article
Liquidity Shocks in the Secondary Corporate Loan Market
March 31, 2017
John Anthony, Doowon Lee, Abul Shamsuddin, and Paul Docherty
Published in The Journal of Fixed Income, Spring 2017, Vol. 26, No. 4: pp. 53-72
News & Events