Richard Frankel

Nicholas Dopuch Professor of Accounting

Richard Frankel

Richard Frankel

Professor Frankel has taught at Olin since 2005. Prior to that, he was a professor at the MIT Sloan School of Management and the University of Michigan. At Michigan and MIT, he received the MBA Student Awards for Teaching Excellence. His principal teaching interest is financial accounting and reporting. His research focuses on valuation using accounting numbers and on corporate managers' use of conference calls, earnings forecasts, and pro-forma earnings.

Education

  • Ph D 1993, Stanford University
  • M.A.S. 1988, University of Illinois
  • BS 1987, University of Illinois
  • CPA 1987, University of Illinois

Academic/Professional Activities

  • Referee, Accounting and Business Research, Contemporary Accounting Research, Journal of Accounting Research, Journal of Accounting and Economics,
  • Editor, Associate Editor, Journal of Accounting and Economics

Awards/Honors

  • Sloan School Excellence in Teaching Award, 2000-2001
  • Sloan School Teacher of the Year, 2004-2005 and 2001-2002
  • American Accounting Association, Notable Contribution Award (with Charles Lee), 2003
  • M.B.A. Student Award for Teaching Excellence, University of Michigan, 1997
  • First Place Award, I/B/E/S 25th Anniversary Global Expectation Research Competition, 1996
  • First Place Award, Chicago Quantitative Alliance Earnings Expectation Research Competition, 1995
  • Institute for Quantitative Research in Finance (Q-group) Grant, , 1995

Teaching Interests

Financial Accounting, Financial Statement Analysis, Valuation, Portfolio Selection, Empirical Research in Financial Accounting

Research Interests

Accounting-based valuation, voluntary disclosure, information asymmetry, effects of accounting on firm value

Personal Interests

Accounting teaching and research

Selected Publications

  • "Predicting accruals based on cash flow properties", The Accounting Review, Issue 5, 165-186, with Yan Sun, 2018
  • "Propriety costs and sealing documents in litigation", Review of Accounting Studies, Issue 2, with Zawadi Lemayian, Joshua Lee, 2018
  • "Factors Associated with the Year-End Decline in Working Capital", Management Science, Issue 63, 438-458, 2017
  • "Accounting Conservatism and Ultimate Recovery Rate", The Accounting Review, Issue 6, 2267-2303, with John Donovan, Xiumin Martin, 2015
  • "Commentary on: Selective Disclosure", Journal of Financial Reporting, 62-68, 2017
  • "Issues Raised by Studying DeFond and Zhang: What should audit researchers do?", Journal of Accounting and Economics, Issue 2-3, 327-338, with John Donovan, Josh Lee, Xiumin Martin, Hojun Seo, 2014
  • "Panacea, Pandora's box, or placebo: Feedback in bank mortgage-backed security holdings and fair value accounting", Journal of Accounting and Economics, Issue 2-3, 153-173, with Gauri Bhat, Xiumin Martin, 2011
  • "Street Earnings and Board Independence", Review of Accounting Studies, Issue 16, 719-744, with Mark Soliman, Sarah McVay, 2011
  • "Using Unstructured and Qualitative Disclosures to Explain Accruals", Journal of Accounting and Economics, Issue 2-3, 209-227, with Jared Jennings, Joshua Lee, 2016

Contact

Richard Frankel