David Johnstone

Professor David Johnstone is a Senior Professor at the School of Business within the Faculty of Business and Law at the University of Wollongong since 2017. He holds a PhD from the University of Sydney. His research focuses on evaluating probability forecasts, statistical information theory in accounting, asset pricing, cost of capital, and energy regulation. He has supervised doctoral research on corporate governance and partnership structures.

Key research interests include:

• Probability forecasting methodologies
• Accounting theory and statistical rigor
• Energy market regulation and infrastructure valuation
• Asset pricing under CAPM and ESG frameworks

Recent funding includes an internal grant exploring Natural Language Processing techniques to measure economic sentiment (2023). His work bridges finance theory with practical applications in regulatory frameworks and market analysis.

Teaching focuses on advanced topics in finance including capital budgeting, risk assessment, and regulatory economics. He is available for PhD supervision in his core research areas.