Ray J. Pfeiffer, Jr.

Professor of Accounting

On leave 2008-2009. Research Fellow, Financial Accounting Standards Board (FASB)

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:

Research Fellow, Financial Accounting Standards Board (FASB)
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