A firm's income statement holds the clue for calculating the value of its hard-to-measure assets, according to new work from Professor Stephen Penman.
When the stock market heads south do you ignore your bank account balance? Professor Nachum Sicherman discusses his research on the links between the ups and downs of the market and consumer behavior.
Does investor sophistication correlate with firms’ disclosure activities?
A new metric uses publicly disclosed bank information to better predict credit losses from loans.
New research shows which relative valuation models are best applied to insurance companies.
Private equity firms sidestep earnings management, but use other aggressive tax planning practices that produce big tax savings for portfolio firms.
The accounting scandal of Satyam, one of India's largest outsourcing companies, seriously hurts investor confidence, not only for India but worldwide, says Professor Sudhakar V. Balachandran.
Satyam's auditors were responsible for proactive audit work which they, by their own admission, did not conduct. A close look at the company's balance sheet shows why.
Heightened disclosure requirements and increased corporate scrutiny are making it less likely for senior executives of poorly performing companies to receive handsome compensation packages.
Forecast U.S. earnings are the closest proxy for share price when compared with actual financial statement variables. But do earnings beat forecast cash flows and dividends in an international sample?
In a new book, Stephen Penman offers investors common-sense guidance for using accounting to get at valuation.
Professors Ray Fisman and Sudhakar Balachandran share their thoughts on the practice of using peer comparison to set executive compensation packages.
By bringing transparency into the underlying fundamentals and risk characteristics of a business, regulators will be able to provide a more accurate and complete assessment of the related fundamentals and risks, says Professor Trevor Harris.
Will the new credit card legislation fundamentally change the way consumers use credit or the way lenders dole it out? Assistant finance professor Enrichetta Ravina discusses the behavior of credit cardholders.
New research suggests that Sarbanes-Oxley has increased companies' focus on cash management, resulting in camouflaged earnings management.
Donald Lehmann discusses Managing Customers as Investments, a new book in which he explains how to calculate and apply customer lifetime value.
At Friday's community forum, Professors Paul Glasserman, Trevor Harris and Hitendra Wadhwa discussed how the crisis should shape future policy measures and how a positive outlook can allow us to make better decisions.
Does fair-value accounting contribute to systemic risk in the banking industry?
Better, more accurate disclosure of securitization transactions may help to reduce uncertainty about the value of financial institutions.
The Treasury has appointed a new overseer for executive compensation. How does this affect the debate on CEO pay? Accounting professor Sudhakar V. Balachandran shares his thoughts.
Do laws or the marketplace motivate firms to release information about their behavior?
Professors Trevor Harris and Doron Nissim and Executive-in-Residence Robert Herz discuss their new paper on accounting's role in reporting, creation, and reduction of systemic risk at financial institutions and across the financial system.
Columbia Business School remembers friend and former dean John C. "Sandy" Burton.
What are some of the basic assumptions made in financial reporting? A new paper from the Center for Excellence in Accounting and Security Analysis challenges the existing model.
Strategic Marketing Management is an intensive and comprehensive program designed for executives who want to develop a more strategic and disciplined...
In today's rapidly changing economy, every executive needs to be able to master the language of finance and accounting, know what questions to ask...
Two Columbia Business School faculty members have been recognized with Dean’s Prizes for Teaching Excellence in a core course for 2013.
The article cites a study by Prof. Nissim and Vice Dean Ziv on dividend changes and future profitability, in light of Apple’s decision not to declare a dividend.
CEASA Co-director Professor Trevor Harris was interviewed by Emily Chasan on the subject of the new white paper in a Wall Street Journal article Ã¢??Costly Data Go Untapped.Ã¢?Â
Nahum Melumad, the James L. Dohr Professor of Accounting and Business Law and a faculty member in the School’s Accounting Division for more than 20 years, died on January 15.
Enhancing Your Career Success in a Multi-Generational Workplace
The CFO Report covers research by CEASA’s Prof. Harris and Suzanne Morsfield that finds investor interest in XBRL data is at risk.
Read the paper online
Gordon Shillinglaw, a Columbia Business School professor for nearly 30 years, died on March 31 at age 86 after a long battle with cancer.