Nahum Melumad

James L. Dohr Professor of Accounting and Business Law

Accounting

BA, Tel Aviv University, 1978; MBA, University of California, Berkeley, 1983; PhD, 1985; CPA

Joined CBS in 1993

Nahum Melumad

Office
610 Uris

Phone
212-854-2475

E-mail
ndm4@columbia.edu

Fax
212-202-7898

Teaching and research interest

Professor Melumad specializes in management control systems and performance measurement. His research and consulting focus on controllership, performance measurement, incentives, organization design, compensation, corporate fraud, costing and pricing. He has taught the core courses on financial accounting and managerial accounting, as well as an elective on strategic management control. He is the recipient of the 2005 Columbia Business School Annual Dean’s Award for Teaching Excellence in MBA/EMBA Core Class. He is also a corecipient of the 2004 Chazen Research Prize and the 1996 Chazen International Teaching Innovation Prize.

Melumad serves on the editorial board of the Review of Accounting Studies. He has published numerous articles in academic and professional journals. From 1984 to 1993, he was a faculty member at Stanford Business School. He has served as a consultant to a number of large companies, including Bristol-Myers Squibb, (the former) Chemical Bank, CountryWide Financial, GE, GE Capital and Morgan Stanley. He is also a codirector of the Columbia Executive Education/NYSE Program for directors of public companies Accounting Essentials for Corporate Directors: Enhancing Financial Integrity.

Courses taught

Journal articles

Activity-Based Costing and Cost Interdependencies Among Products: The Denim Finishing Company In Issues in Accounting Education (2005) Coauthor(s): Dennis Caplan, Nahum Melumad, Amir Ziv

More Information

Reduced Quality and an Unlevel Playing Field Make Consumers Happier In Management Science (2004) Coauthor(s): Nahum Melumad, Amir Ziv

More Information Download (PDF)

Integrating Managerial and Tax Objectives in Transfer Pricing In Accounting Review (2004) Coauthor(s): Tim Baldenius, Nahum Melumad, Stefan Reichelstein

More Information

Can 'Big Bath' and Earnings Smoothing Coexist as Equilibrium Financial Reporting Strategies? In Journal of Accounting Research (2002) Coauthor(s): Michael Kirschenheiter, Nahum Melumad

More Information Download (PDF)

Monitoring in Multiagent Organizations In Contemporary Accounting Research (2002) Coauthor(s): Tim Baldenius, Nahum Melumad, Amir Ziv

More Information

Comparing Alternative Hedge Accounting Standards: Shareholders' Perspectives In Review of Accounting Studies (1999) Coauthor(s): Nahum Melumad, Guy Weyns, Amir Ziv

More Information

On Cost Tradeoffs Between Conservative and Market-Value Accounting In Review of Accounting Studies (1997) Coauthor(s): Joseph Bachar, Nahum Melumad, Guy Weyns

More Information Download (PDF)

A Theoretical Examination of the Market Reaction to Auditors' Qualifications In Journal of Accounting Research (1997) Coauthor(s): Nahum Melumad, Amir Ziv

More Information Download (PDF)

Contract Complexity, Incentives and the Value of Delegation In Journal of Economics and Management Strategy (1997) Coauthor(s): Nahum Melumad, Dilip Mookherjee, Stefan Reichelstein

More Information Download (PDF)

An Argument Against Hedging by Matching the Currencies of Costs and Revenues In Journal of Applied Corporate Finance (1996) Coauthor(s): Trevor Harris, Nahum Melumad, Toshi Shibano

More Information

Divisional Versus Company-Wide Focus: The Trade-Off Between Allocation of Managerial Attention and Screening of Talent In Journal of Accounting Research (1995) Coauthor(s): Masako Darrough, Nahum Melumad

More Information Download (PDF)

Hierarchical Decentralization of Incentive Contracts In RAND Journal of Economics (1995) Coauthor(s): Nahum Melumad, Dilip Mookherjee, Stefan Reichelstein

More Information Download (PDF)

Should Taxpayers Be Subsidized to Hire Third-Party Preparers? A Game-Theoretic Analysis In Contemporary Accounting Research (1994) Coauthor(s): Nahum Melumad, Mark Wolfson, Amir Ziv

More Information

The Securities and Exchange Commission and the Financial Accounting Standards Board: Regulation Through Veto-Based Delegation In Journal of Accounting Research (1994) Coauthor(s): Nahum Melumad, Toshi Shibano

More Information Download (PDF)

A Theory of Responsibility Centers In Journal of Accounting and Economics (1992) Coauthor(s): Nahum Melumad, Dilip Mookherjee, Stefan Reichelstein

More Information Download (PDF)

Communication in Settings with No Transfers In RAND Journal of Economics (1991) Coauthor(s): Nahum Melumad, Toshi Shibano

More Information Download (PDF)

An Equilibrium Analysis of Optimal Audit Contracts In Contemporary Accounting Research (1990) Coauthor(s): Nahum Melumad, Lynda Thoman

More Information

On Auditors and the Courts in an Adverse-Selection Setting In Journal of Accounting Research (1990) Coauthor(s): Nahum Melumad, Lynda Thoman

More Information Download (PDF)

Asymmetric Information and the Termination of Contracts in Agencies In Contemporary Accounting Research (1989) Coauthor(s): Nahum Melumad

More Information

Delegation as Commitment: The Case of Income Tax Audits In RAND Journal of Economics (1989) Coauthor(s): Nahum Melumad, Dilip Mookherjee

More Information Download (PDF)

Centralization Versus Delegation and the Value of Communication In Journal of Accounting Research (1987) Coauthor(s): Nahum Melumad, Stefan Reichelstein

More Information Download (PDF)

Working Papers

Matching Currency Footprints: An Alternative Perspective In Working paper (2005) Coauthor(s): Trevor Harris, Nahum Melumad, Toshi Shibano

More Information

Earnings Quality and Smoothing In (2002) Coauthor(s): Michael Kirschenheiter, Nahum Melumad

More Information

Forthcoming Articles

Earnings Quality: A Financial Statements Perspective In Foundations and Trends in Accounting (2007) Coauthor(s): Nahum Melumad, Doron Nissim

More Information