The Fuqua School of Business Fuqua Home | Duke Home | Faculty Home | Accounting Home

Our Productivity

Duke's accounting group produces high quality research that is published in top-tier academic journals. Our research span a wide range of questions in financial and managerial accounting.

Our research productivity places us among the top 10 accounting departments in the US. In a recent study, Duke was ranked 4th in financial accounting research.

 

Faculty Publications Seminars MBA Program Ph.D. Program The Global Capital Markets Center

Recent/In-Press Publications

Forthcoming

  • Rindy Anderson, Casey Klofstad, Wlliam Mayew, and Mohan Venkatachalam, Vocal Fry May Undermine the Success of Young Women in the Labor Market, Forthcoming, Plos One.
  • Rahul Vashishtha, The Role of Bank Monitoring in Borrowers' Discretionary Disclosure: Evidence from Covenant Violations, Forthcoming, Journal of Accounting and Economics.
  • Qi Chen, Zeqiong Huang, Yun Zhang, The Effects of Public Information with Asymmetrically Informed Short-horizon Investors, Forthcoming, Journal of Accounting Research.
  • Wlliam Mayew, Reassessing the Association Between Facial Structure and Baseball Performance: A Comment on Tsujimura and Banissy (2013), Forthcoming, Biology Letters.
  • Brian Bratten, Preeti Choudhary, and Katherine Schipper, Evidence that Market Participants Assess Recognized and Disclosed Items Similarly when Reliability is not an Issue, Forthcoming, The Accounting Review.
  • Frank Ecker, Information Precision and Long-Run Performance of IPOs, Forthcoming, Contemporary Accounting Research.
  • Shane Dikolli, Susan Kulp, and Karen Sedatole, The Use of Contract Adjustments to Lengthen the CEO Horizon in the Presence of Internal and External Monitoring, Forthcoming, Journal of Management Accounting Research. 
  • Shane Dikolli, Wlliam Mayew, and DJ Nanda, CEO Tenure and the Performance-Turnover Relation, Forthcoming, Review of Accounting Studies.
  • Dirk Black, Shane Dikolli, and Scott DyrengCEO Pay-for-Complexity and the Risk of Managerial Diversion from Multinational Diversification, Forthcoming, Contemporary Accounting Research.

2013 Publications

  • Scott Dyreng, Bradley Lindsey and Jacob Thornock,  Exploring the Role Delaware Plays as a Domestic Tax HavenJournal of Financial Economics 108(3): 751–772.
  • Wlliam Mayew, Christopher Parsons and Mohan Venkatachalam, Voice Pitch and the Labor Market Sucess of Male Chief Executive Officers, Evolution and Human Behavior 34 (4): 243-248.
  • Wlliam Mayew, Nate Sharp, and Mohan Venkatachalam, Using Earnings Conference Calls to Identify Analysts with Superior Private Information, Review of Accounting Studies 18 (2): 386-413.
  • Shane Dikolli, Harry Evans III, Jeffrey Hales, Michael Matjka, David Moser, and Michael Williamson, Testing Analytical Models Using Archival or Experimental Methods, Accounting Horizons 27(1): 129‐139.
  • Shane Dikolli, Christian Hofmann, and Thomas Pfeiffer, Relative Performance Evaluation and Peer-Performance Summarization Errors,  Review of Accounting Studies 18(1): 34-65.

2012 Publications

  • Qi Chen, Xiao Chen, Katherine Schipper, Yongxin Xu, and Jian Xue, The Sensitivity of Corporate Cash Holdings to Corporate Governance, Review of Financial Studies 25 (12): 3610-3644.
  • Scott Dyreng, Wlliam Mayew, and Chris Williams, Religious Social Norms and Corporate Financial Reporting, Journal of Business Finance and Accounting 39 (7-8): 845-875.
  • Dirk Black, Ervin Black, Theodore Christensen, and William Heninger, Has the Regulation of Pro Forma Reporting in the U.S. Changed Investors’ Perceptions of Pro Forma Earnings Disclosures?,  Journal of Business Finance and Accounting 39(7-8), p. 876-904.
  • Ross Jennings, Connie Weaver, and Wlliam Mayew, The Extent of Implicit Taxes at the Corporate Level and the Effect of TRA86, Contemporary Accouning Research 29 (4): 1021-1059
  • Scott Dyreng, Michelle Hanlon, and Edward Maydew, Where Do Firms Manage Earnings?, Review of Accounting Studies 17(3): 649-687.
  • Neil Bhattacharya, Frank Ecker, Per Olsson, and Katherine Schipper, Direct and Mediated Associations among Earnings Quality, Informaton Quality, Information Asymmetry, and the Cost of Equity, The Accounting Review 87: 449-482.
  • Daniel Taylor, Shivaram Rajgopal and Mohan Venkatachalam, Frictions in the Labor Market: The Role of Talent Agents in CEO Compensation, Contemporary Accounting Research 29: 119-151.

2011 Publications

  • Yonca Ertimur, Volkan Muslu and Frank Zhang, Why are Recommendations Optimistic? Evidence from Analysts' Coverage Initiations, Review of Accounting Studies 16: 679-718.
  • Yonca Ertimur, Fabrizio Ferri and Volkan Muslu, Shareholder Activism and CEO Pay, Review of Financial Studies 24: 535-592.
  • Qi Chen, Thomas Hemmer and Yun Zhang, On the Use of Loose Monitoring in Agencies, Review of Accounting Studies 16: 328-354.
  • Irene Kim and Mohan Venkatachalam, Are Sin Firms Paying the Price for Accounting Sins?, Forthcoming, Journal of Accounting, Auditing and Finance 26: 415-442.
  • Shivaram Rajgopal and Mohan Venkatachalam, Financial Reporting Quality and Idiosyncratic Volatility, Journal of Accounting and Economics 51:1-20.
  • Yonca Ertimur, William Mayew and Steve Stubben, Analyst Reputation and the Issuance of Disaggregated Earnings Forecasts to I/B/E/S, Review of Accounting Studies 16:29-58.

2010 Publications

  • Scott Dyreng, Michelle Hanlon, and Edward Maydew. The Effects of Executives on Corporate Tax Avoidance, The Accounting Review 85: 1163-1189.
  • Romana Autrey, Shane Dikolli, and Paul Newman, Performance Measure Aggregation, Career Incentives, and Explicit Incentives, Journal of Management Accounting Research 22:115-131.
  • Yonca Ertimur, Fabrizio Ferri and Steve Stubben, Board of Directors' Responsiveness to Shareholders: Evidence from Shareholder Proposals, Journal of Corporate Finance 16: 53-72.
  • Qi Chen, Brian Mittendorf and Yun Zhang, Endogenous Accounting Bias when Decision Making and Control Interact, Contemporary Accounting Research 27(4): 1-29.
  • Qi Chen, Itay Goldstein and Wei Jiang, Payoff Complementarities and Financial Fragility: Evidence from Mutual Fund Outflows, Journal of Financial Economics 97: 239-262.
  • Jennifer Blouin, Cristi Gleason, Lillian Mills, and Stephanie Sikes, Pre-empting Disclosure? Firms’ Decisions Prior to FIN 48, The Accounting Review, 85(3): 791-815.
  • John Robinson, Stephanie Sikes, and Connie Weaver, Performance Measurement of Corporate Tax Departments, The Accounting Review, 85(3): 1035-1064.
  • Richard Frankel, William Mayew, and Yan Sun, Do Pennies Matter? Investor Relations Consequences of Small Negative Earnings Surprises, Review of Accounting Studies, 15 (1): 220-242.

2009 Publications

  • Stickney, Clyde, Roman Weil, Katherine Schipper, and Jennifer Francis. Financial Accounting: An Introduction to Concepts, Methods and Uses (13th edition). South-Western Cengage Learning.
  • Scott Dyreng and Bradley Lindsey. Using Financial Accounting Data to Examine the Effect of Foreign Operations Located in Tax Havens and Other Countries on U.S. Multinational Firms’ Tax Rates, Journal of Accounting Research, Vol. 47 No. 5 (December 2009): 1283-1316.
  • Shane Dikolli, Christian Hofmann, and Susan Kulp, Interrelated Performance Measures, Interactive Effort, and Incentive Weights, Journal of Management Accounting Research, 21: 125-149.
  • Shane Dikolli, Susan Kulp and Karen Sedatole, Transient Institutional Investors and CEO Contracting, The Accounting Review, Vol. 84, No.3 (May 2009): 737-770.
  • Preeti Choudhary, Shivaram Rajgopal and Mohan Venkatachalam, Accelerated Vesting of Employee Stock Options in Anticipation of FAS123-R, Journal of Accounting Research, Vol. 47, No.1 (March 2009):105-146.

2008 Publications

  • Qi Chen, Itay Goldstein and Wei Jiang, Directors' Ownership in the U.S. Mutual Fund Industry, Journal of Finance, Vol. 63, No. 6 (December 2008): 2629-2677.
  • Per Olsson, Discussion of "Inventory Policy, Accruals Quality and Information Risk, Review of Accounting Studies, Vol. 13, No. 2-3 (September 2008): 411-417.
  • Robert Bowen, Shivaram Rajgopal, and Mohan Venkatachalam, Accounting Discretion, Corporate Governance and Firm Performance, Contemporary Accounting Research, Vol. 25, No. 2 (Summer 2008): 351-406.
  • Shane Dikolli, A Discussion of Importance of Measures of Past Performance: Empirical Evidence on Quality of E-Service Providers, Contemporary Accounting Research, Vol. 25, No.2 (Summer 2008): 339-349.
  • William Mayew, Evidence of Management Discrimination Among Analysts During Earnings Conference Calls, Journal of Accounting Research, Vol. 46, No.3 (June 2008): 627-659.
  • Jennifer Francis, Allen Huang, Shivaram Rajgopal and Amy Zang, CEO Reputation and Earnings Quality, Contemporary Accounting Research, Vol. 25, No. 1 (Spring 2008): 109-147.
  • Jennifer Francis, Dhananjay Nanda, and Per Olsson, Voluntary Disclosure, Earnings Quality and Cost of Capital, Journal of  Accounting Research, Vol. 46, No.1 (March 2008): 53-99.

2007 Publications

  • Shane Dikolli and Karen Sedatole, Improvements in the Information Content of Non-financial Forward-looking Performance Measures: A Taxonomy and Empirical Application, Journal of Management Accounting Research, Vol. 19, 71-104.
  • Robert Ashton, Value-Creation Models for Value-Based Management:  Review, Analysis, and Research Directions, Advances in management Accounting, Vol. 16: 1-62.
  • Romana Autrey, Shane Dikolli and D. Paul Newman, Career Concerns and Mandated Disclosure, Journal of Accounting and Public Policy, Vol. 26, No.5 (September/October 2007): 527-554.
  • Jennifer Blouin, Cristi Gleason, Lilian Mills and Stephanie Sikes, What Can We Learn about Uncertain Tax Benefits from FIN 48?, National Tax Journal, Vol. 60, No. 3 (September 2007): 521-535.
  • Yonca Ertimur, Discussion of How Disclosure Quality Affects the Level of Information Asymmetry?, Review of Accounting Studies, Vol. 12, No. 2-3 (September 2007): 479-485.
  • Yonca Ertimur, Jayanthi Sunder and Shyam Sunder, Measure for Measure: The Relation between Forecast Accuracy and Recommendation Profitability of Analysts, Journal of Accounting Research, Vol. 45, No. 3 (June 2007): 567-606.
  • Qi Chen, Thomas Hemmer and Yun Zhang, On the Relation Between Conservatism in Accounting Standards and Incentives for Earnings Management, Journal of Accounting Research, Vol. 45, No. 3 (June 2007): 541-565.
  • Qi Chen, Discussion of Which Institutional Investors Trade Based on Private Information about Earnings and Returns?Journal of Accounting Research, Vol. 45, No. 2 (May 2007): 323-331.
  • Qi Chen, Itay Goldstein and Wei Jiang, Price Informativeness and Investment Sensitivity to Stock Price, Review of Financial Studies, Vol. 20, No.3 (May 2007): 619-650.
  • Jennifer Francis, Ryan LaFond , Per Olsson, and Katherine Schipper, Information Uncertainty and Post-Earnings-Accouncement-Drift, Journal of Business, Finance and Accounting, Vol. 34, No. 3&4 (April/May 2007): 403-433.
  • Robert Ashton and Anna Cianci, Motivational and cognitive determinants of buy-side and sell-side analysts' earnings forecasts: An experimental study, Journal of Behavioral Finance, Vol. 8, No. 1: 9-19.
  • K.R. Subramanyam and Mohan Venkatachalam, Earnings, Cash Flows, and Ex Post Intrinsic Value of Equity, The Accounting Review, Vol. 82, No. 2 (March 2007): 457-481.
  • Katherine Schipper and Teri Yohn, Standard Setting Issues and Academic Research Related to the Accountig for Financial Asset Transfers, Accounting Horizons, Vol. 21, No. 1 (March 2007): 59-80.
  • Katherine Schipper, Required Disclosures in Financial Reporting, The Accounting Review, Vol. 32, No. 2 (March 2007): 301-326.
  • Shane Dikolli, William Kinney Jr., and Karen Sedatole, Measuring Customer Relationship Value: The Role of Switching Cost, Contemporary Accounting Research, Vol. 24, No.1 (March 2007): 93-132.
  • Morton Pincus, Shivaram Rajgopal and Mohan Venkatachalam, The Accrual Anomaly: International Evidence,The Accounting Review, Vol. 82, No. 1 (January 2007): 169-203.     

2006 Publications

  • Shane Dikolli and Igor Vaysman, Contracting on the Stock Price and Forward-Looking Performance Measures, European Accounting Review, Vol. 15, No. 4 (December 2006): 445-464.
  • Gerald Feltham, Raffi Indjejikian and Dhananjay Nanda, Dynamic Incentives and Dual Purpose Accounting, Journal of Accounting and Economics, Vol. 42, No. 3 (December 2006): 417-437.
  • Leslie Hodder, William Mayew, Mary Lea McAnally and Connie Weaver, Employee Stock Option Fair-Value Estimates: Do Managerial Discretion and Incentives Explain Accuracy?, Contemporary Accounting Research, Vol. 23, No. 4 (Winter 2006): 933-975.
  • Gramlich Jeffrey, William Mayew and Mary Lea McAnally, Debt Reclassification and Capital Market Consequences, Journal of Business, Finance and Accounting, Vol. 33, No. 7-8 (September/October 2006): 1189-1212.
  • Jennifer Francis, Dhananjay Nanda and Xin Wang, Re-examining the Effects of Regulation Fair Disclosure Using Foreign Listed Firms to Control for Concurrent Shocks, Journal of Accounting and Economics, Vol. 41, No. 3 (September 2006): 271-292.
  • Qi Chen and Wei Jiang, Analysts’ Weighting of Private and Public Information, Review of Financial Studies, Vol. 19, No. 1 (Spring 2006): 319-355.
  • Shane Dikolli and Igor Vaysman, Information Technology, Organizationala Design, and Tranfer Pricing, Journal of Accounting and Economics, Vol. 41, No. 1,2 (April 2006): 201-234.

2005 Publications

  • Katherine Schipper, The Introduction of International Accounting Standards in Europe: Implications for International Convergence, European Accounting Review, Vol. 14, No. 1 (2005): 101-126.
  • Brian Mittendorf and Yun Zhang, The Role of Biased Earnings Guidance in Creating a Healthy Tension between Managers and Analysts, The Accounting Review, Vol. 80, No. 4 (October 2005): 1193-1210.
     
  • Jennifer Francis and Michael Smith, A Re-examination of the Persistence of Accruals and Cash Flows, Journal of Accounting Research, Vol. 43, No. 3 (June 2005) : 413-451.
     
  • Jennifer Francis, Katherine Schipper and Linda Vincent, Earnings and Dividend Informativeness When Cash Flow Rights are Separated from Voting Rights, Journal of Accounting and Economics, Vol.39, No. 2 (June 2005) :  329-360.
     
  • Jennifer Francis, Ryan LaFond, Per Olsson and Katherine Schipper, The Market Pricing of Accruals Quality, Journal of Accounting and Economics, Vol. 39, No. 2 (June 2005) :  295-327.
     
  • Paul Asquith, Michael Mikhail and Andrea Au, Information Content of Equity Analyst Reports, Journal of Financial Economics, Vol. 75, No. 2 (February 2005): 245-282.
     
  • Qi Chen, Jennifer Francis and Wei Jiang,  Investor Learning About Analyst Predictive Ability, Journal of Accounting and Economics, Vol. 39, No. 1 (January 2005): 3-24.
     
  • Robert Ashton, Intellectual capital and value creation: A review, Journal of Accounting Literature, Vol. 24 (2005): 53-134.

2004 Publications

  • Antonio Davila and Mohan Venkatachalam, The Relevance of Non-financial Performance Measures for CEO Compensation: Evidence from the Airline Industry, Review of Accounting Studies, Vol. 9, No. 4 (December 2004): 463-464.
     
  • Michael Mikhail, Beverley Walther and Richard Willis, Earnings Surprises and the Cost of Equity Capital, Journal of Accounting, Auditing and Finance, Vol. 19, No. 4 (Fall 2004): 491-514.
     
  • Michael Mikhail, Beverley Walther and Richard Willis, Do Security Analysts Exhibit Persistent Differences in Stock Picking Ability?, Journal of Financial Economics, Vol. 74, No. 1 (October 2004): 67-91.
     
  • Jennifer Francis, Ryan LaFond, Per Olsson and Katherine Schipper, Costs of Equity and Earnings Attributes, The Accounting Review, Vol. 79, No. 4 (October 2004): 967-1010.
     
  • Robert Bushman, Qi Chen, Ellen Engel, and Abbie Smith, Financial Accounting Information, Organization Complexity and Corporate Governance, Journal of Accounting and Economics, Vol. 37, No. 2 ( June 2004): 167-201.
     
  • Suresh Kotha, Shivaram Rajgopal and Mohan Venkatachalam, The Role of Online Buying Experience as a Competitive Advantage: Evidence from Third-Party Ratings for E-Commerce Firms, Journal of Business, Vol. 77, No. 2 (April 2004): 109-133.
     
  • Hemang Desai, Shivaram Rajgopal and Mohan Venkatachalam, Value-Glamour and Accruals mispricing: One Anomaly or Two, The Accounting Review, Vol. 79, No. 2 (April 2004): 355-385.
     
  • Marty Gosman, Patricia Kelly, Per Olsson and Terry Warfield, The Profitability and Pricing of Major Customers, Review of Accounting Studies, Vol. 9, No. 1 (March 2004): 117-139.
     
  • Qi Chen and Wei Jiang, Positive Hurdle Rates Without Asymmetric Information, Financial Research Letters, Vol. 1, No. 2 ( March 2004): 106-112.

2003 Publications

  • Shivaram, Rajgopal, Terry Shevlin, and Mohan Venkatachalam, Does the Stock Market Fully Appreciate the Implications of Leading Indicators for Future Earnings? Evidence from Order Backlog, Review of Accounting Studies, Vol. 8, No. 4 (December 2003): 461-492.
     
  • Qi Chen, Cooperation In the Budgeting Process, Journal of Accounting Research, Vol. 41, No. 5 (December 2003):775-796.
     
  • Michael Mikhail, Beverley Walther and Richard Willis, Reactions to Dividend Changes Conditional on Earnings Quality, Journal of Accounting, Auditing and Finance, Vol. 18, No. 1 (Winter 2003): 121-151.
     
  • Michael Mikhail, Beverley Walther and Richard Willis, Security Analyst Experience and Post-Earnings-Announcement Drift, Journal of Accounting, Auditing and Finance, Vol. 18, No. 4 (Fall 2003): 529-550.
     
  • Christian Leuz, Dhananjay Nanda and Peter Wysocki, Investor Protection and Earnings Management: An International Comparison, Journal of Financial Economics, Vol. 69, No. 3 (September 2003): 505-527.
     
  • Raffi Indjejikian and Dhananjay Nanda, Reply to: Dynamic Incentives and Responsibility Accounting: A Comment, Journal of Accounting and Economics, Vol. 35, No. 3 (August 2003): 437-441.
     
  • Carolyn Levine and Michael Smith, Ex Post Voluntary Disclosure Strategies for Insiders, Contemporary Accounting Research, Vol. 20, No. 4 (Winter 2003): 719-746.
     
  • William Beaver and Mohan Venkatachalam, Differential Pricing of Discretionary, Nondiscretionary and Noise Components of Loan Fair Values, Journal of Accounting Auditing and Finance, Vol. 18, No. 1 (Winter 2003): 41-67.
     
  • Michael Roberts and Robert Ashton, Using declarative knowledge to improve information search performance, Journal of the American Taxation Association Vol. 25, No. 1 (Spring 2003): 21-38.
     
  • Jennifer Francis, Katherine Schipper and Linda Vincent, The Relative and Incremental Explanatory Power of Earnings and Alternative (to Earnings) Measures for Returns, Contemporary Accounting Research, Vol. 20, No. 1 (Spring 2003): 121-164.
     
  • Michael Mikhail, Beverley Walther and Richard Willis, The Effect of Experience on Security Analyst Underreaction Journal of Accounting & Economics, Vol. 35, No. 1 (April 2003): 101-116.
     
  • Shivaram Rajgopal, Mohan Venkatachalam and Suresh Kotha, The Value-Relevance of Network Advantages: The Case of E-Commerce Firms, Journal of Accounting Research, Vol. 41, No. 1 (March 2003): 135-162.
     
  • Carolyn Levine and Michael Smith, Information Dissemination by Insiders in Equilibrium, Journal of Financial Markets, Vol. 6, No. 1 (January 2003): 23-47.

2002 Publications

  • Dhananjay Nanda, Venky Nagar and Peter Wysocki, Compensation Policy and Discretionary Disclosure, Journal of Accounting and Economics, Vol. 34, No. 1-3 (December 2002): 283-309.
     
  • Elizabeth Davis and Robert Ashton, Threshold adjustment in response to asymmetric loss functions: The case of auditors' "substantial doubt" thresholds, Organizational Behavior and Human Decision Processes, Vol. 89, No. 2 (November 2002): 1082-1099.
     
  • Raffi Indjejikian and Dhananjay Nanda, Executive Target Bonuses and What They Imply About Performance Standards, The Accounting Review, Vol. 77, No. 4 (October 2002): 793-819.
     
  • Jennifer Francis, Katherine Schipper and Linda Vincent, Earnings Announcements and Competing Information, Journal of Accounting and Economics, Vol. 33, No. 3 (August 2002): 313-342.
     
  • Jennifer Francis, Katherine Schipper and Linda Vincent, Expanded Disclosures and the Increased Usefulness of Earnings Announcements, The Accounting Review, Vol. 77, No. 3 (July 2002): 515-546.
     
  • Robert Ashton and Jane Kennedy, Eliminating recency with self-review: The case of auditors' "going concern" judgments, Journal of Behavioral Decision Making, Vol. 15, No. 3 (July 2002): 221-231.
     
  • Michael Smith, Tax and Incentive Tradeoffs in Multinational Transfer Pricing, Journal of Accounting, Auditing, and Finance, Vol. 17, No. 2 (Summer 2002): 209-236.
     
  • Michael Smith, Gaming Nonfinancial Performance Measures, Journal of Management Accounting Research, Vol. 14, No. 14 (2002): 119-134.
     
  • Hollis Ashbaugh and Per Olsson, An Exploratory Study of the Valuation Properties of Cross-Listed Firms' IAS and U.S. GAAP Earnings and Book Values, The Accounting Review, Vol. 77, No. 1 (January 2002): 107-126.
     
  • Michael Smith, Ex Ante and Ex Post Discretion over Arm’s Length Transfer Prices, The Accounting Review Vol. 77, No. 1 (January 2002): 161-184. 

2001 Publications

  • Richard Willis, Mutual Fund Manager Forecasting Behavior, Journal of Accounting Research, Vol. 39, No. 3 (December 2001): 707-725.
  • Jennifer Francis, Discussion of Empirical Research on Accounting Choice, Journal of Accounting and Economics Vol. 31, No. 1-3 (September 2001): 301-319. 
  • Carolyn Levine, Steven Huddart and Jack Hughes, Public Disclosure and Dissimulation of Insider Trades,  Econometrica, Vol. 69, No. 3 (May 2001): 665-681.

 


This site is best viewed in Internet Explorer 5.5 or greater, Netscape 7.0 or greater, Opera, or any Mozilla browser.