Research Interests

• Accounting Information and Capital Markets, Industry effects, and Financial Intermediaries

Selected Publications

• “Sell-side Debt Analysts” (with Rick Johnston and Stanimir Markov), Journal of Accounting and Economics, 2009, Vol. 47 (1-2), 91-107.
• "Do Industry-level Analyses Improve Forecasts of Financial Performance?" (with Patricia Fairfield and Teri L. Yohn), Journal of Accounting Research, 2009, Vol. 47 (1), 147-178.
• “Discussion of Competition for Andersen’s Clients” (with Joseph Weber), Contemporary Accounting Research, 2008, Vol. 25 (4), 1137-1146.
• “Financial Analyst Forecasting Literature: A Taxonomy with Trends and Suggestions for Further Research” (with Steve Rock and Phil Shane), International Journal of Forecasting, 2008, Vol. 24, 34-75.
• "Financial Analysts' Forecasts and Stock Recommendations: A Review of the Research", (with Steve Rock and Phil Shane), Foundations and Trends(r) in Finance, 2008, Vol. 2 (4), 311-420.
• “Value Line and IBES Earnings Forecasts” (with Steve Rock and Phil Shane), International Journal of Forecasting, 2005, Vol. 21 (1), 185-198.
• “Underreaction to Self-Selected News Events: The Case of Stock Splits” (with David Ikenberry) Review of Financial Studies, 2002, Vol. 15 (2), 489-526.
• “Investor and Analyst Reaction to Earnings Announcements of Related Firms: An Empirical Analysis,” Journal of Accounting Research, 2002, Vol. 40 (5), 1345-1371.

Teaching & Professional Experience

• Assistant Professor, Georgetown University, Washington, DC
• Assistant Professor, Rice University, Houston, TX

Degrees

• Masters, Accounting Science, Northern Illinois University
• Ph.D., Pennsylvania State University

Specialties

• Financial Statement Analysis
• Financial accounting
• Business Valuation