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Faculty Directory

Lawrence Schall
Office: 201
Mackenzie Hall

Foster School of Business
University of Washington
Box: 353226
Seattle, WA 98195-3226

In the future, scientific advances will result from understanding the interdependencies between fields of knowledge that have previously all but ignored one another. What is uncertain is whether these advances will be enabled by interdisciplinary team research, the expansion of the human intellect, or the use of computers that do the research for us.

Lawrence Schall

Professor Emeritus of Finance


PhD University of Chicago (1969)
MA University of Chicago (1967)
BA University of California, Los Angeles (1962)

Academic Expertise

business valuation
corporate finance

Current Research

Analytic methods for capital budgeting, Firm investment incentives and financing

Positions Held

At the University of Washington since 1968

Selected Publications

  1. Debt Callability and Investment Incentives
    Journal Article:Schall, L. & Siegel, A., (2016). Journal of Corporate Finance, Vol. 40, pp. 315-330.


Microsoft, software product development
Safeco Corporation, evaluation method for business unit performance
General Telephone and Electronics, evaluation of a lease analysis system

Honors and Awards

Andrew V. Smith Faculty Development Award, 1992
First Interstate Bank Faculty Award, 1990
UW Graduate School of Business Professor of the Year, 1987
Burlington Northern Foundation Teaching Achievement Award, 1986
Seafirst Bank Excellence Award, 1983