Sudarshan Jayaraman

Sudarshan Jayaraman

Wesray Professor of Business Administration
Professor in Accounting
Area(s) of Expertise
Accounting
Bio

Professor Jayaraman is the Wesray Professor of Business Administration and Professor of Accounting. Professor Jayaraman's research interests are in corporate governance and the effects of accounting information in financial markets. His work on corporate governance examines how large shareholders discipline managers via the threat of exit, and the role that stock market liquidity plays in the design of executive compensation contracts.

Courses
Contemporary Topics in Accounting Research
Managerial Accounting and Performance Measurement
Reporting Analytics in Financial Markets
Managerial Accounting
Positive Accounting Research Concepts and Empirical Analysis Tools
Research Interests

Professor Jayaraman is currently interested in the informational feedback-effects of stock prices on managerial decision-making. In recent work, he has explored the functioning of financial institutions and the propagation of shocks between the banking and industrial sectors.

Professor Jayaraman's publications have appeared in the Journal of Accounting & Economics, Journal of Accounting Research, Journal of Finance, Journal of Financial Economics, Review of Accounting Studies, Review of Financial Studies and The Accounting Review. His work has been presented not only at academic conferences within the U.S. and around the world, but also at regulatory bodies such as the European Central Bank and the Federal Reserve Bank of New York.

Teaching Interests

In addition to teaching a Ph.D. seminar, Professor Jayaraman also teaches Strategic Cost Analysis in the Executive, and MBA programs.

Publications
Product Market Peers and Relative Performance Evaluation
2021
The Accounting Review
Issue
4
Volume
96
Good Buffer, Bad Buffer: Smoothing in banks’ loan loss provisions and the response to credit supply shocks
2020
Journal of Law, Finance, and Accounting
Issue
4 (2)
Should I Stay or Should I Grow? Using Voluntary Disclosure to Elicit Market Feedback
2020
Review of Financial Studies
Issue
8
Volume
33
Is Silence Golden? Real Effects of Mandatory Disclosure
2019
Review of Financial Studies
Issue
6
Volume
32
The Source of Information in Prices and Investment-Price Sensitivity
2017
Journal of Financial Economics
Issue
1
Volume
126
Cross-Border Financing by the Industrial Sector Increases Competition in the Domestic Banking Sector
2016
The Accounting Review
Issue
2
Volume
91
CEO Equity Incentives and Financial Misreporting: The Role of Auditor Expertise
2015
The Accounting Review
Issue
1
Volume
90
Exit as Governance: An Empirical Analysis
2013
The Journal of Finance
Issue
6
Volume
68
Agency-based demand for conservatism: evidence from state adoption of antitakeover laws
2013
Review of Accounting Studies
Issue
1
Volume
18
Private Control Benefits and Earnings Management: Evidence from Insider Controlled Firms
2012
Journal of Accounting Research
Issue
1
Volume
50
Audited financial reporting and voluntary disclosure as complements: A test of the confirmation hypothesis
2012
Journal of Accounting and Economics
Issue
1
Volume
53
The effect of enforcement on timely loss recognition: Evidence from insider trading laws
2012
Journal of Accounting and Economics
Issue
1
Volume
53
The role of stock liquidity in executive compensation
2011
The Accounting Review
Issue
2
Volume
87
Earnings volatility, cash flow volatility, and informed trading
2008
Journal of Accounting Research
Issue
4
Volume
46
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