Professor of Accounting, Emeritus
D.B.A., University of Maryland, 1978
Security valuation effects of financial accounting disclosures, information use by investors & security analysts and determinants of earning expectations & prediction errors
Financial & managerial accounting
Contemporary security market-based accounting research
With S. Porter and L. Xu, "The Timing of Industry and firm-specific information in securities prices: a re-evaluation" Journal of Accounting and Economics (March 2008)
With R. Pfeiffer and S. Porter. "Anticipatory Income Smoothing: A Re-examination" Journal of Accounting and Economics (2003).
With M. Lo and R. Pfeiffer. "Investors vs. Financial Analysts' Weightings of Accruals in Expectations of Annual Earnings" Journal of Accounting and Public Policy (May 2003).
With M. Lo and R. Pfeiffer. "Delayed Securities Returns to Financial Analysts' Annual Earnings Forecasts" The Accounting Review (October 2001).
With R. Pfeiffer. "Controlling for Lagged Stock Price Responses in Pricing Regressions: An Application to the Pricing of Cash Flows and Accruals." Journal of Accounting Research (Spring 1999.)
With R. Pfeiffer, M. Lo, and L. Rees. "Additional Evidence on the Incremental Information Content of Cash Flows and Accruals: The Impact of Errors in Measuring Market Expectations." Accounting Review (July 1998).
With M. Lo. "Alternative Adjustments to Analysts' Annual Earnings Forecasts: Redundant or Complementary?" Financial Review (May 1998).
Academic and Professional Activities:
Member, American Accounting Association, various editorial boards, and departmental and school-wide committees.
Ad hoc reviewer for journals in accounting, finance, and economics.
Pearson Awards for best papers in applied decision science presented at annual NEDSI meetings, 1997, 1998, 1999.