In the News
Lehavy Suggests That Overnight Trading Is Affected by Sentiment
By combing through 23 years of overnight stock-trading history, Michigan Ross Professor Reuven Lehavy and two California researchers have uncovered a method of measuring the impact of investor sentiment on individual companies.
Shakespeare Speaks to WSJ About Accounting’s Future
Will automation lead to the death of accountants? U-M Professor Cathy Shakespeare says no. Though basic bookkeeping can be handled by software, there’s still a strong need for well-trained accountants who can interpret the results.
Impact of the Government Shutdown of 2013
Just how much impact did the U.S. government shutdown of 2013 have on the nation’s financial markets? Michigan Ross Professors Ryan Ball and Venky Nagar recently studied the effects of this 16-day phenomenon and co-authored a paper on it with a University of Utah expert. Their conclusion? “Liquidity significantly deteriorated."
Each year Michigan Accounting hosts conferences, seminars and events in support of accounting excellence in research and teaching.
Accounting Kapnick Spring ConferenceMONDAY & TUESDAY, MAY 15-16, 2017Ross School of Business Colloquium.
In its third year, the annual Accounting Kapnick Spring Conference brings together top academics from around the world to share their current research on various accounting topics with Ross faculty and students. This year the conference is proud to have five distinguished professors of accounting present their current research.
The Hong Kong University of Science and Technology
Professor Hung studies the role of accounting information in global markets. Her research addresses the information and monitoring roles of accounting in international capital markets and investigates the interaction between country-specific institutional factors and accounting information. Professor Hung's research has been published in top-tier journals such as Journal of Accounting and Economics, Journal of Accounting Research, and Review of Accounting Studies. She serves in the editorial boards of Journal of International Business Studies and The Accounting Review and is a recipient of numerous research awards, including the Journal of Accounting & Economics Best Paper prize. Her research has been featured in media such as The Economist and Financial Times. Hung received her Ph.D. in Management from the Massachusetts Institute of Technology.
University of Chicago
Professor Maffett studies international financial reporting, regulation, and institutional investors, with a focus on the economic effects of financial reporting transparency in international capital markets. His papers have been accepted for publication in the Journal of Accounting & Economics, the Journal of Accounting Research and Foundations and Trends in Accounting. Maffett earned his Ph.D. in accounting from the University of North Carolina at Chapel Hill.
Professor Mayew studies managerial communication of firm performance, including both voluntary disclosures made outside of the financial reporting system and mandatory financial disclosures in financial reports. His research uses theories from economics and psychology to better understand the determinants and consequences of voluntary and mandatory managerial communication. He received the 2008 Financial Research Association best paper award for his work (with Mohan Venkatachalam) on the information content of managerial vocal cues during earnings conference calls. Professor Mayew’s research has appeared in a wide range of journals, including Journal of Finance, Journal of Accounting Research, Review of Accounting Studies, Contemporary Accounting Research, Evolution & Human Behavior and Biology Letters. His work is relevant to investors and analysts who interpret managerial communication and investor relations departments who shape and assist in the creation and dissemination of managerial communications. He has presented his research on managerial vocal cues to professional money managers, sell-side financial analysts and investor relations personnel. Professor Mayew received his Ph.D. in Business Administration (Accounting) from the University of Texas at Austin in 2006.
University of Michigan
Professor Mehta's research interests focus on the interactions between firms and their stakeholders, including politicians, auditors, and supply chain partners. His most recent research examines how firms can obtain a range of benefits as a result of links to powerful politicians. These benefits include political protection against enforcement and regulatory penalties following financial misconduct, favorable antitrust reviews of mergers and acquisitions and the consequences of corporate subsidies. His research has most recently been cited in Bloomberg BusinessWeek, Yahoo! Finance, and L'Echo, and he is a contributor on WILS 1320 News Radio. He received the FMA Best Paper in Corporate Finance Award in 2014 for his research examining information transfers and whether firm insiders use their access to private information to facilitate trading in other related firms. He received his Ph.D. in Management from the Massachusetts Institute of Technology.
Professor Merkley’s research focuses on the role of information in capital markets. He specializes in examining corporate financial communication decisions and the influence of corporate disclosures on capital market participants, such as investors and financial analysts. His teaching interests include financial reporting and financial statement analysis. In 2014, he was named by Poets & Quants as one of the “Top 40 Business School Professors Under 40”. He received his PhD from the University of Michigan.