Will using flexible budgeting and activity based costing improve the financial management of this business?
Spring 2008
Professor Balachandran is interested in performance measurement, corporate governance and valuation. These three subjects are sometimes referred to collectively as shareholder value management. Specifically, he studies how firms use performance measures to align the interests of managers and shareholders and create shareholder value. Balachandran, who has more than 10 years of business experience, is a former management consultant at Ernst & Young and manager at Baxter Healthcare Corporation. He teaches the core course on managerial accounting, for which he was given the Dean's Award For Teaching Excellence in 2006.
Professor Baldenius’s research interests are in managerial accounting. He has studied the incentive effects of transfer pricing methods in divisionalized firms and the impact these rules have on investments. More broadly, he is interested in the areas of decentralization and performance evaluation. Baldenius teaches the core managerial accounting course and PhD courses.
Professor Sadka’s research focuses on two areas — equity valuation, and the relation between financial reporting and product market competition. In his research on equity valuation, he examines the role of earnings in generating stock price volatility and the effects of marketwide liquidity shocks on the market’s response to earnings news. In his second area of research, he examines the effects of public sharing of financial statements on economic growth and productivity, and the implications of accounting fraud for firms’ behavior and consumer welfare. Prior to joining the PhD program at the University of Chicago, Sadka worked at the Israeli Accounting Standard Board. He teaches the core managerial accounting class.