Detail

Professor Nissim’s research is primarily in the areas of equity valuation and accounting quality. He has investigated different issues in the context of fundamental and relative (multiple) valuation. He has also explored the role of corporate and personal taxes in equity valuation, the efficiency of stock prices with respect to earnings quality information, the reliability and relevance of various financial disclosures, and the implications of corporate finance decisions for future earnings and equity values. Professor Nissim’s recent research focuses on the analysis and valuation of financial institutions. His research has been published in such internationally acclaimed accounting and finance journals as the Journal of Accounting Research, The Accounting Review, the Review of Accounting Studies and the Journal of Finance. Professor Nissim is an active participant at academic and professional conferences. He is an editor of the Review of Accounting Studies and serves on the editorial board of The Accounting Review. Professor Nissim’s research is frequently cited in the popular press, including Time, the New York Times, Chief Executive Magazine, The Economist and the International Herald Tribune. Professor Nissim consults extensively, primarily on accounting quality, fundamentals-based analyses, valuation, and investment management. At Columbia Business School, he chairs the accounting division and teaches MBA and PhD courses in financial accounting and fundamental analysis. Professor Nissim regularly participates in executive education programs.

• Fall 2009
  Earnings Quality & Fundamental Analysis
  
• Summer 2009
  Earnings Quality & Fundamental Analysis
  
• Fall 2008
  Fundamentals-Based Investment Management
  
• Spring 2008
  Accounting I
  
• Fall 2006
  ACCOUNTING I-FINANCIAL
  
• Spring 2006
  ACCOUNTING I-FINANCIAL
  
• Spring 2005
  (PHD) SEMNR/EMPRICL RSRCH
  

Morgan Stanley ModelWare's Approach to Intrinsic Value: Focusing on Risk-Reward Trade-offs In Equity Valuation: Models from Leading Investment Banks (2008) Coauthor(s): Doron Nissim, Trevor Harris, Juliet Estridge

On the Informational Usefulness of R&D Capitalization and Amortization In Visualising Intangibles: Measuring and Reporting in the Knowledge Economy (2008) Coauthor(s): Baruch Lev, Doron Nissim, Jacob Thomas

Line-Item Analysis of Earnings Quality In Foundations and Trends in Accounting (2009) Coauthor(s): Nahum Melumad, Doron Nissim

Is Cash Flow King in Valuations? In Financial Analysts Journal (2007) Coauthor(s): Doron Nissim, Jing Liu, Jacob Thomas

Managerial Discretion and the Economic Determinants of the Disclosed Volatility Parameter for Valuing ESOs In Review of Accounting Studies (2007) Coauthor(s): Eli Bartov, Partha Mohanram, Doron Nissim

Issue Costs in the Eurobond Market: The Effects of Market Integration In Journal of Banking and Finance (2006) Coauthor(s): Doron Nissim, Arie Melnik

The Persistence of the Accruals Anomaly In Contemporary Accounting Research (2006) Coauthor(s): Doron Nissim, Baruch Lev

Taxable Income, Future Earnings, and Equity Values In Accounting Review (2004) Coauthor(s): Baruch Lev, Doron Nissim

Financial Statement Analysis of Leverage and How It Informs About Profitability and Price-to-Book Ratios In Review of Accounting Studies (2003) Coauthor(s): Doron Nissim, Stephen Penman

Reliability of Banks' Fair Value Disclosure for Loans In Review of Quantitative Finance and Accounting (2003) Coauthor(s): Doron Nissim

Debt Issue Costs and Issue Characteristics in the Market for U.S. Dollar Denominated International Bonds In European Finance Review (2003) Coauthor(s): Arie Melnik, Doron Nissim

Discussion--Reactions to Dividend Changes Conditional on Earnings Quality In Journal of Accounting, Auditing, and Finance (2003) Coauthor(s): Doron Nissim

The Association Between Changes in Interest Rates, Earnings, and Equity Values In Contemporary Accounting Research (2003) Coauthor(s): Doron Nissim, Stephen Penman

Valuation of the Debt Tax Shield In Journal of Finance (2002) Coauthor(s): Doron Nissim

Equity Valuation Using Multiples In Journal of Accounting Research (2002) Coauthor(s): Jing Liu, Doron Nissim, Jacob Thomas

Discussion of the 'Role of Volatility in Forecasting' In Review of Accounting Studies (2002) Coauthor(s): Doron Nissim

Dividend Changes and Future Profitability In Journal of Finance (2001) Coauthor(s): Doron Nissim, Amir Ziv

Ratio Analysis and Equity Valuation: From Research to Practice In Review of Accounting Studies (2001) Coauthor(s): Doron Nissim, Stephen Penman

Principles for the Application of Fair Value Accounting In CEASA White Paper Series (2008) Coauthor(s): Stephen Penman, Doron Nissim

Activity-Based Valuation of Bank Holding Companies In (2007) Coauthor(s): Charles Calomiris, Doron Nissim