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ACADEMIC APPOINTMENTS

  • Director of Undergraduate Accounting Program, Rutgers Business School, 2018 – 2022
  • Vice-Chair, Department of Accounting and Information Systems, Rutgers Business School, 2012 – 2022
  • Associate Professor, Rutgers Business School, 2010 – Present
  • Visiting Associate Professor, University of Melbourne, Summer 2014
  • Assistant Professor, Rutgers Business School, 2004 – 2010
  • Instructor, Tulane University, 2003 – 2004; 2012 – 2018
  • Instructor, Columbia University, 2023

 

EDUCATION

  • PhD., Business Administration, Tulane University, New Orleans, LA, 2003
  • Bachelor of Science in Management, Majors: Finance and Economics, Tulane University, New Orleans, LA, 1998

 

GRADUATE COURSES TAUGHT

Rutgers Business School – Newark and New Brunswick, NJ.

  • Financial Accounting (Executive MBA, International Executive MBA)
  • Survey of Finance (DBA)
  • Accounting for Managers (MBA)
  • Financial Management (MBA)
  • Concepts and Practice of Financial Communication (MBA)
  • Supporting Managerial Decisions (MBA)

 

Freeman School of Business, Tulane University, New Orleans, LA.

  • Financial Accounting (Executive MBA)
  • Financial Modeling (MBA)

 

TEACHING AWARDS

  • Dean’s Meritorious Teaching Award, Rutgers Business School, 2018
  • MBA Professor of the Year Award, Rutgers Business School, 2013
  • Junior Faculty Teaching Award, Rutgers Business School, 2008

 

PUBLICATIONS

  • The Nail that Sticks Out: Corporate: Corporate Social Responsibility and Shareholder Proposals (with M. Barnett and F. Gao), Review of Accounting Studies, forthcoming 2023.
  • Shiller’s CAPE: Market Efficiency and Risk (with P. Jain), Financial Review 53 (November 2018): 741-771.
  • Impact of the Dodd-Frank Act on Credit Ratings (with D. Palia and L. Tang), Journal of Financial Economics 115 (March 2015): 505-520.
  • It’s Showtime: Do Managers Report Better News before Annual Shareholder Meetings? (with P. Jain), Journal of Accounting Research 49 (December 2011): 1193-1221.
  • Capital Structure and Firm Risk. In: H. Baker and G. Martin, Editors, Capital Structure and Corporate Financing Decisions, John Wiley & Sons, Hoboken, NJ, 2011.
  • Sell on the News: Differences of Opinion, Short-Sales Constraints, and Returns around Earnings Announcements (with H. Berkman, P. Jain, P. Koch, and S. Tice), Journal of Financial Economics 92 (June 2009): 376-399.
  • The Value-Relevance of Changes in Financial Leverage beyond Growth in Assets and GAAP Earnings (with P. Jain), Journal of Accounting, Auditing & Finance 23 (Spring 2008): 191-222.
  • Reference-Day Risk: Observations and Extensions (with S. Govindaraj), Journal of Accounting, Auditing & Finance 22 (Fall 2007): 559-572.
  • Corporate Diversification and Credit Constraints: Real Effects across the Business Cycle (with S. Tice), Review of Financial Studies 19 (Winter 2006): 1465-1498.
  • Recapitalization of One Class of Common Stock into Dual-Class: Growth and Long-Run Stock Returns (with P. Jain), Journal of Corporate Finance 12 (January 2006): 342-366.

 

WORKING PAPERS

  • The Martingale Index (with G. Shafer and T. Zhang)
  • Race Based Minority Board Representation and Mortgage Loan Rejection Rates (with J. Li and D. Palia)
  • Disagreement, Speculation, and Management Forecasts (with D. Palia and Z. Xu)
  • Yes Virginia, there are Superstar Money Managers (with P. Jain)

 

ACADEMIC PRESENTATIONS

2020: Hawaii Accounting Research Conference, Hilo, Hawaii.

2019: Fordham University; Journal of Accounting, Auditing, and Finance Conference, Santiago, Chile.

2018: European Accounting Association Meeting, Milan, Italy

2015: Office of Financial Research of the US Treasury, Washington D.C.

2014: University of New South Wales; University of Melbourne

2013: Tulane University; Conference on Empirical Legal Studies, Philadelphia

2010: Academy of Behavioral Finance & Economics Meeting, Chicago; State University of New York, Binghamton; Financial Management Association Meeting, New York

2009: American Accounting Association Meeting, New York

2008: University of Michigan

2007: NBER Behavioral Economics Meeting; Columbia University; Journal of Accounting, Auditing & Finance Conference; Baruch College; California State University, Fullerton

2006: Baruch-Columbia-NYU-Rutgers Business Schools Conference

2004: Rutgers University; University of New Orleans

2003: Goldman Sachs Global Equity Group; London School of Economics; University of Southern Illinois at Carbondale; HEC Montreal

2002: College of William and Mary; Louisiana State University; Tulane University

 

PROFESSIONAL ACTIVITIES

  • Ad hoc reviewer: The Accounting Review; Journal of Financial Economics; Review of Financial Studies; Management Science; Journal of Corporate Finance; Journal of Financial Intermediation; Journal of Accounting, Auditing & Finance; Financial Management; Journal of Accounting and Public Policy; Financial Review; Journal of Banking and Finance; Journal of Business, Finance & Accounting; and Review of Quantitative Finance and Accounting.
  • Managing partner and co-founder of Robust Alpha Capital LLC., a quantitative-based incubator long-short equity hedge fund, 2014 – 2017
  • Discussant: Conference on Financial Economics and Accounting, 2009, 2015, 2016, 2018
  • Discussant: Financial Management Association Meeting, 2002, 2008

 

RESEARCH RECOGNITION

  • Recipient, Boutellier Endowed Faculty Scholarship, Rutgers Business School, 2008 – 2011
  • Finalist, Junior Faculty Research Award, Rutgers Business School, 2007, 2009