Bio

I am an Associate Professor at the David Eccles School of Business at The University of Utah. My research focuses on two primary areas at the intersection of financial economics and accounting: (1) examining ‘risk’ by incorporating the interaction of firm-level and macroeconomic information, and (2) examining how firms and individuals respond to their institutional environment (e.g., disclosure regime, institutional quality, culture, policy intervention). My research has been published in Journal of Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, The Accounting Review, Management Science and Journal of Monetary Economics. I am also an editorial board member at The Accounting Review and a frequent reviewer for several leading academic journals.

I teach courses on business valuations and analysis, and mergers and acquisitions to masters-level students. Over the years, I have taught courses on financial reporting analysis, intermediate accounting, and accounting fundamentals to undergraduate, graduate, and executive-level students. I am a recipient of the Kenneth J. Hanni Teaching Award and the Brady Faculty Superior Teaching Award.

Prior to academia, I worked for ten years (1999-2009) in investment banking in New York and London. Most recently, I was an Executive Director at UBS Investment Bank advising technology, software, and services companies on corporate finance strategy, capital raisings, and mergers and acquisitions. My clients included IBM, Xerox, Motorola, Infosys and BAE Systems, among others.

I have a PhD from London Business School, an MSc in Accounting and Finance (with distinction) from London School of Economics, and an MBA from Lahore University of Management Sciences. I have also held the professional designation of Chartered Financial Analyst since 2003.

Accepted and Published Research

  1. Measuring the Quality of Mergers and Acquisitions (with Shenje Hshieh & Feng Zhang). Management Science, forthcoming.
  2. Growth Matters: Disclosure and Risk Premium (with Rachel Hayes & Marlene Plumlee), The Accounting Review, 2022, 97 (4), 259–286.

  3. The Role of Disclosure and Information Intermediaries in an Unregulated Capital Market: Evidence from Initial Coin Offerings (with Thomas Bourveau, Emmanuel De George & Daniele Macciocchi), Journal of Accounting Research, 2022, 60 (1), 129–167.

  4. Show Me the Money! Dividend Policy in Countries with Weak Institutions (with Zachary Kaplan), Journal of Accounting Research, 2021, 59 (2), 613–655.

  5. Management Forecasts of Volatility (with Xiaoxia Peng), Review of Accounting Studies, 2021, 26 (2), 620–655.

  6. Earnings Beta, Review of Accounting Studies, 2021, 26 (1), 81–122.

  7. Do Common Inherited Beliefs and Values Influence CEO Pay? (with Ahmed Tahoun & Irem Tuna), Journal of Accounting and Economics, 2017, 64 (2–3), 346–367.

  8. Government Purchases Reloaded: Informational Insufficiency and Heterogeneity in Fiscal VARs (with Giovanni Ricco), Journal of Monetary Economics, 2017, 90 (October), 13–27.