Ray J. Pfeiffer, Jr.

Professor of Accounting and Ph.D. Program Director

ON SABBATICAL SPRING 2008

Telephone: 413-545-5653
Email: pfeiffer@acctg.umass.edu
Office: SOM 355
Website: Ray Pfeiffer

Ph.D., University of North Carolina at Chapel Hill, 1994
B.A., Moravian College, 1987

Selected Publications:

With W. Brown. "Causes and Consequences of the Relation Between Split-Adjusted Share Prices and Subsequent Stock Returns." Journal of Business Finance and Accounting 34(1) & (2), January/March 2007: 292-312.

With P. Elgers and S. Porter. “Anticipatory Income Smoothing: A Re-examination.” Journal of Accounting and Economics 35 (3). 2003.

With P. Elgers and M. Lo. “Delayed Security Price Adjustments to Financial Analysts' Forecasts of Annual Earnings.” The Accounting Review 76(3), (2001): 613-632.

With P. Elgers. “Controlling for Lagged Stock Price Responses in Pricing Regressions: An Application to the Pricing of Cash Flows and Accruals.” Journal of Accounting Research 37(1), (1999) : 239-247.

“Market Value and Accounting Implications of Off-Balance-Sheet Items.” Journal of Accounting and Public Policy 17(3), (1998): 185-207.

With P. Elgers, 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.” The Accounting Review 73(3), (1998): 373-385.

Academic and Professional Activities:

Director, Isenberg doctoral program
Reviewer, The Accounting Review, Journal of Business Research, and Advances in Accounting
Member, American Accounting Association
Former certified public accountant in North Carolina and Pennsylvania

Awards:

University-wide Distinguished Teaching Award, 2002-2003

Outstanding Teacher Award, Isenberg School of Management, 1998-99

Pearson Award for best paper at 1998 and 1999 NE Decision Sciences Conferences