Faculty & Research

Center for Financial Reporting & Management

Faculty Awards and Publications

Dechow, Patricia

Awards

  • American Accounting Association, Distinguished Contributions to Accounting Literature Award, 2015.
  • Accounting & Finance Association of Australia and New Zealand (AFAANZ), Best Paper presented in Financial Accounting at the Perth Annual Meeting, "Determinants of Target Price Forecasts and Valuation Errors Made by Analysts," 2013.
  • American Accounting Association, Significant Contributions to Accounting Literature Award, 2010.
  • Earl F. Cheit Award for Excellence in Teaching, PhD Program, 2007.

Publications

  • "SEC Comment Letters and Insider Sales" with Alastair Lawrence and James Ryans, The Accounting Review, 2015.
  • "Stock Prices and Earnings: A History of Research" with Richard Sloan and Jenny Zha, Annual Review of Financial Economics, 6, 2014.
  • "Do Financial Ratio Models Help Investors Better Predict and Interpret Significant Corporate Events?" with Korcan Ak, Yuan Sun, and Annika Wang, Australian Journal of Management, 38, 553-598, 2013.
  • "Study Finds Bias in Stock Analysts' Rounded Forecasts" Accounting Today, Web CPA, 2013.
  • "Analysts' Motives for Rounding EPS Forecasts" with Haifeng You, The Accounting Review, Volume 87, No. 6, 275-334, 2012.
  • "Analysts' Rounding Doesn't Always Square" The Wall Street Journal, Page C10, Dec 26, 2012.
  • "Detecting Earnings Management: A New Approach" with Richard Sloan, J. Kim, and A. Hutton, Journal of Accounting Research, Volume 50, Issue 2, 275-334, 2012.
  • "Predicting Material Accounting Misstatements" with Richard Sloan, C. Larson, and W. Ge, Contemporary Accounting Research, 2011.
  • "The Accrual Anomaly" with Richard Sloan and N. Khimich, The Handbook of Equity Market Anomalies, 2011.
  • "Do Managers Time Securitization Transactions for Their Accounting Benefits?" with C. Shakespeare, The Accounting Review, 2009.
  • "The Persistence and Pricing of the Cash Component of Earnings" with Richard Sloan and S. Richardson, Journal of Accounting Research, 2008.

Dutta, Sunil

Publications

  • "Dynamic Effects of Information Disclosure on Investment Efficiency" with A. Nezlobin. Journal of Accounting Research, 55 (2), 2017.
  • "Information Disclosure, Firm Growth, and the Cost of Capital" with A. Nezlobin. Journal of Financial Economics, 123 (2), 2017.
  • "Identifying Conditional Conservatism in Accounting Data: Theory and Evidence" with P. Patatoukas. The Accounting Review, 92 (4), 2017.
  •  "Equilibrium Earnings Management and Managerial Compensation in a Multi-period Agency Setting" with Q. Fan.  Review of Accounting Studies, 19 (3), 2014.
  • "Incentives for Innovation and Centralized versus Delegated Capital Budgeting" with Q. Fan. Journal of Accounting and Economics, 53 (3), 2012.
  • "Decentralized Capacity Management and Internal Pricing" with S. Reichelstein. Review of Accounting Studies, 15 (3), 2010.

Even-Tov, Omri

Awards

  • Recipient of the Earl F. Cheit Award for Excellence in Teaching 2016-2017. The Earl F. Cheit Award for Excellence in Teaching is the highest teaching award bestowed upon instructors by the MBA students at Berkeley Haas.

Publications

  • "Overnight Returns As a Measure of Firm-Specific Investor Sentiment" Forthcoming in the Journal of Financial and Quantitative Analysis. Co-authors: David Aboody, Reuven Lehavy, and Brett Trueman.
  • "When does the Bond Price Reaction to Earnings Announcements Predict Future Stock Returns?" Published in the Journal of Accounting and Economics [64(1): 167-182 (August 2017)]

Konchitchki, Yaniv

Awards

  • World's Top 40 Under 40, Poets & Quants, 2014.
  • American Accounting Association's Best Paper Award (for the professor's paper published in the Journal of Accounting and Economics), 2014.
  • Schwabacher Fellow (The Executive Committee voted this honor on the basis of "outstanding research, exceptional departmental service, unusual scholarly growth, or some combination thereof"), 2014.
  • Barbara and Gerson Baker Faculty Fellow (A most positive signal for the years to come, the fellowship honors Haas faculty members with a record of accomplishment and a very bright future), 2014.
  • Hellman Fellows Fund Award for Research (selected across UC Berkeley as "Most Promising Assistant Professor"), 2013.
  • Earl F. Cheit Award for Excellence in Teaching, Evening & Weekend MBA Program, 2013.
  • Evan C. Thompson Teaching & Learning Innovation Dean's Award for Excellence in Teaching in the MBA Program, 2011.

Publications

  • "Accounting-Based Downside Risk, Cost of Capital, and the Macroeconomy" with Luo, Ma, and Wu, Review of Accounting Studies, Forthcoming.
  • "The Consequences of Untimely Quarterly and Annual Financial Reporting" with Bartov and DeFond, Accounting Horizons, Conditionally Accepted.
  • "Accounting Valuation and Cost of Capital Dynamics: Theoretical and Empirical Macroeconomic Aspects" Abacus, Forthcoming.
  • "Taking the Pulse of the Real Economy Using Financial Statement Analysis: Implications for Macro Forecasting and Stock Valuation" with Panos Patatoukas, The Accounting Review, 89 (2), 669-694, 2014.
  • "Accounting Earnings and Gross Domestic Product" with Panos Patatoukas, Journal of Accounting and Economics, 57 (1-2), 76-88, 2014.
  • Accounting Research: Notes and Perspectives, Figueroa Press, 2013.
  • "Cost of Capital and Earnings Transparency" with M. Barth and W. Landsman, Journal of Accounting and Economics, 55 (2-3), 206-224, 2013.
  • "Accounting and the Macroeconomy: The Case of Aggregate Price-Level Effects on Individual Stocks" Financial Analysts Journal, 2013.
  • "Capital Markets Valuation and Accounting Performance of Most Admired Knowledge Enterprise (MAKE) Award Winners" with M. DeFond, J. McMullin, and D. O'Leary, Decision Support Systems, 2013.
  • "Accounting Research: Notes and Perspectives" University of Southern California Figueroa Press, 2012.
  • "Inflation and Nominal Financial Reporting: Implications for Performance and Stock Prices" The Accounting Review, 86 (3), 1045-1085, 2011.
  • "Event Study Methodologies in Information Systems Research" with D.E. O'Leary, International Journal of Accounting Information Systems, 12 (2), 99-115, 2011.
  • "Active Noise Control in Mobile Devices" with Berstein & Kulakcherla, United States Publication: US 2011/0091047 A1, 2011.
  • "Machine for Emotion Detection (MED) in a Communications Device" with Kulakcherla, United States Publication: US 2011/0022395 A1, 2011.
  • "Search Engine with Statistical Snapshots" with Ronen, United States Publication: US 2011/0225135 A1, 2011.
  • "Accounting in Business" Tel Aviv University Press, 2011.

Lawrence, Alastair

Publications

  • "Who's the Fairest of Them All? Evidence from Closed-End Funds" with Richard Sloan and Jackie Siriviriyakul, The Accounting Review, 2015.
  • "SEC Comment Letters and Insider Sales" with Patricia Dechow and James Ryans, The Accounting Review, 2015.
  • "Individual Investors and Financial Disclosure" Journal of Accounting & Economics, 2013.
  • "Discussion of Implications of the Integral Approach and Earnings Management for Alternative Annual Reporting Periods" Review of Accounting Studies, 2013.
  • "Non-Discretionary Conservatism: Evidence and Implications" with Richard Sloan and Yuan Sun, Journal of Accounting & Economics, 56, 2013.
  • "Can Big 4 Versus Non-Big 4 Differences in Audit-Quality Proxies Be Attributed To Client Characteristics?" with M. Minutti-Meza and P. Zhang, The Accounting Review, 2011.

Nezlobin, Alexander

Awards

  • 2017, Schwabacher Fellowship, University of California, Berkeley

Publications

  • “Accounting Rules, Equity Valuation, and Growth Options,” with D. Livdan, Review of Accounting Studies, 2017
  • “Dynamic Effects of Information Disclosure on Investment Efficiency,” with S. Dutta, Journal of Accounting Research, 2017
  • “Information Disclosure, Firm Growth, and the Cost of Capital” with S.Dutta, Journal of Financial Economics, 2017
  • “Structural Properties of the Price-to-Earnings and Price-to-Book Ratios,” with M. Rajan and S. Reichelstein, Review of Accounting Studies, 2016
  • “Managerial Performance Evaluation and Real Options,” with T. Baldenius and I. Vaysman, The Accounting Review, 2016
  • “Managerial Performance Evaluation for Capacity Investments,” with S.Reichelstein and Y. Wang, Review of Accounting Studies, 2015
  • "Accrual Accounting, Informational Sufficiency, and Equity Valuation," Journal of Accounting Research, 2012.
  • "Dynamics of Rate-of-Return Regulation" with M. Rajan and S. Reichelstein, Management Science, 2012.

Patatoukas, Panos N.

Awards

  • 2017 Recipient of the Earl F. Cheit Award for Excellence in Teaching. The Earl F. Cheit Award for Excellence in Teaching is the highest teaching award bestowed upon instructors by the MBA students at Berkeley Haas.
  • Recipient of the Notable Contributions to Accounting Literature Award, 2017. Presented by the American Accounting Association (AAA) and sponsored by the American Institute of Certified Public Accountants (AICPA), the Notable Contributions to Accounting Literature Award is given annually to that work which withstood a rigorous process of screening and scrutiny based on certain criteria, such as originality, breadth of potential interest, soundness of methodology, and potential magnitude of contribution to accounting research, practice, and education.
  • San Francisco Business Times' 40 Under 40 Class of 2017.
  • 2015 Recipient of the Earl F. Cheit Award for Excellence in Teaching. The Earl F. Cheit Award for Excellence in Teaching is the highest teaching award bestowed upon instructors by the MBA students at Berkeley Haas.
  • Top-10 Business School Professor Under 40, May 2015. Selected by Fortune.
  • World’s Best-40 Business School Professor Under 40, April 2015. Selected by Poets & Quants.
  • Barbara and Gerson Bakar Faculty Fellow, April 2014. Dean’s Award for a record of accomplishment at Berkeley Haas.
  • Hellman Fellows Fund Award for Distinction in Research, May 2013. Award for distinction in research bestowed upon Assistant Professors by the Chancellor of U.C. Berkeley (Annual Grant of $48,048).
  • 2012 Recipient of the Earl F. Cheit Award for Excellence in Teaching. The Earl F. Cheit Award for Excellence in Teaching is the highest teaching award bestowed upon instructors by the MBA students at Berkeley Haas.
  • Schwabacher Award for Distinction in Research and Teaching, February 2012. Highest honor for distinction in research and teaching bestowed upon Assistant Professors at Berkeley Haas.
  • Competitive Manuscript Award, American Accounting Association, 2011. The Competitive Manuscript Award encourages research among members of the American Accounting Association and associate members who have earned their PhD within the past five years. The winner is chosen in a blind review.

Publications

Sloan, Richard

Awards

  • Earl F. Cheit Award for Excellence in Teaching, Full-Time MBA Program, 2011.
  • American Accounting Association, Significant Contributions to Accounting Literature Award, 2010.
  • American Accounting Association, Notable Contributions to Accounting Literature Award, 2009.

Publications

  • "Who's the Fairest of Them All? Evidence from Closed-End Funds" with Alastair Lawrence, The Accounting Review, 2015.
  • "On the Pricing of Mandatory DCF Disclosures: Evidence from Oil and Gas Royalty Trusts" with Panos Patatoukas, The Accounting Review, 2015.
  • "Non-Discretionary Conservatism: Evidence and Implications" with Alastair Lawrence and Yuan Sun, Journal of Accounting & Economics, 56, 2013.
  • Equity Valuation and Analysis with eVal with R. Lundholm, McGraw-Hill Education, 2013.
  • "Accrual Reversals, Earnings and Stock Returns" with E. Allen and C. Larson, Journal of Accounting and Economics, 56, 2013.
  • "Detecting Earnings Management: A New Approach" with Patricia Dechow, J. Kim, and A. Hutton, Journal of Accounting Research, Volume 50, Issue 2, 275-334, 2012.
  • "Predicting Material Accounting Misstatements" with Patricia Dechow, C. Larson, and W. Ge, Contemporary Accounting Research, 2011.
  • "The Accrual Anomaly" with Patricia Dechow and N. Khimich, The Handbook of Equity Market Anomalies, 2011.
  • "What Makes Stock Prices Move? Fundamentals Versus Investor Recognition" with S. Richardson and H. You, Contemporary Accounting Research, 2011.
  • "The Persistence and Pricing of the Cash Component of Earnings" with Patricia Dechow and S. Richardson, Journal of Accounting Research, 2008.

Zhang, Xiao-Jun

Awards

  • Earl F. Cheit Award for Outstanding Teaching, Evening & Weekend MBA Program, 2015.

Publications

  • "Mixing Fair-Value and Historical-Cost Accounting: Predictable Other-Comprehensive-Income and Mispricing of Bank Stocks" Review of Accounting Studies, 2017.
  • "Preserving Amortized Costs within a Fair-Value-Accounting Framework: Reclassification of Gains and Losses on Available-for-Sale Securities upon Realization" with Minyue Dong and Stephen Ryan, Review of Accounting Studies, 2015.
  • "Do Temporary Increases in Information Asymmetry Affect the Cost of Equity?" with Shai Levi, Management Science, 2015.
  • Financial Statement Analysis and Valuation with Peter D. Easton, Mary Lea McAnally, and Gregory A. Sommers, Cambridge Business Publishers, 2014.
  • "Information Relevance, Reliability and Disclosure" Review of Accounting Studies, 2013.
  • "Book-to-Market Ratio and Skewness of Stock Returns" Review of Accounting Studies, 2013.
  • "Accounting Conservatism, Aggregation, and Information Quality" with Q. Fan, Contemporary Accounting Research, 2012.