Stanley J. Garstka

Professor in the Practice of Management

Faculty Directory

Professor Garstka is an expert in the bankruptcy process and has written on ways to reform it. His general interests include contemporary issues in accounting and the restructuring of troubled companies. His research has been published in leading management science and accounting journals. He has co-authored three accounting texts, the most recent, Financial Accounting, 2004, South-Western College Publishing, was co-authored with Rick Antle.

Professor Garstka has served on the boards of several corporate and nonprofit organizations, has consulted widely to organizations in all sectors, and recently served as the independent consultant for Thomas Weisel Partners LLC to procure independent research providers as part of the global settlement of conflicts of interest between research and investment banking announced by the SEC.



  • PhD, Carnegie Mellon University, 1970
  • MSIA, Carnegie Mellon University, 1968
  • AB, Wesleyan University, 1966


  • Foundations of Accounting and Valuation MGT 502
  • Financial Distress: Restructuring Troubled Entities MGT 816
  • Introduction to Not-for-Profit Accounting MGT 801

Selected Books

Selected Articles

Selected Working Papers

The Development of Corporate Performance Measures: Benchmarks Before EVA™

W. N. Goetzmann and S. J. Garstka


  • Yale Entrepreneurial Institute, 2007
  • New Haven Enterprise Center, 1998-2002
  • Danielson Holding Corporation, 1996-2002
  • MBA Enterprise Corps, 1991-1999
  • Vyquest Inc. (AMSE), 1988-1990
  • Foote School, 1995-1999
  • GRS Realty Co., Inc., 1996-1997
  • GRS Holding Co., Inc., 1996-1997