Shivaram Rajgopal

Shiva Rajgopal is the Kester and Byrnes Professor of Accounting and Auditing at Columbia Business School. He has also been a faculty member at the Duke University, Emory University and the University of Washington. Professor Rajgopal’s research interests span financial reporting, earnings quality, fraud, executive compensation and corporate culture. His research is frequently cited in the popular press, including The Wall Street Journal, The New York Times, Bloomberg, Fortune, Forbes, Financial Times, Business Week, and the Economist. He teaches fundamental analysis of financial statements for investors, managers and entrepreneurs and a PhD seminar on accounting regulation.

Key awards include 2006 and 2016 American Accounting Association (AAA) Notable Contribution to the Literature award, 2006 and 2016 Graham and Dodd Scroll Prize given by the Financial Analysts Journal, and the 2008, 2012 and 2015 Glen McLaughlin Award for Research in Accounting Ethics.

He is the Departmental Editor of the Accounting track of Management Science. He is also an Associate Editor at the Journal of Accounting and Economics and an ex-ed

Research

Were Information Intermediaries Sensitive to the Financial Statement-based Leading Indicators of Bank Distress prior to the Financial Crisis? In Contemporary Accounting Research (forthcoming) Coauthor(s): Hemang Desai, Shivaram Rajgopal, Jeff Yu

Evidence on Contagion in Earnings Management In The Accounting Review (forthcoming) Coauthor(s): Simi Kedia, Kevin Koh, Shivaram Rajgopal

Do the FASB's standards add shareholder value? In The Accounting Review (2018) Coauthor(s): Urooj Khan, Bin Li, Shivaram Rajgopal, Mohan Venkatachalam

The SEC's enforcement record against auditors In Journal of Law, Finance, and Accounting (2018) Coauthor(s): Simi Kedia, Urooj Khan, Shivaram Rajgopal

Did Going Public Impair Moody's Credit Ratings? In Journal of Financial Economics (2014) Coauthor(s): Simi Kedia, Shivaram Rajgopal, Xing Zhou

Is Warren Buffett's Commentary on Accounting, Governance, and Investing Practices Reflected in the Investment Decisions and Subsequent Influence of Berkshire Hathaway? In The Accounting Review (2014) Coauthor(s): Robert Bowen, Shivaram Rajgopal, Mohan Venkatachalam

R2 and Idiosyncratic Risk Are Not Interchangeable In The Accounting Review (2014) Coauthor(s): Bin Li, Shivaram Rajgopal, Mohan Venkatachalam

Reputation Repair After a Serious Restatement In The Accounting Review (2014) Coauthor(s): Shivaram Rajgopal, Jivas Chakravarthy, Ed deHaan

Earnings Quality: Evidence from the Field In Journal of Accounting and Economics (2013) Coauthor(s): Ilia Dichev, John Graham, Campbell Harvey, Shivaram Rajgopal

Non-audit Services and Financial Reporting Quality: Evidence from 1978 to 1980 In Review of Accounting Studies (2013) Coauthor(s): Kevin Koh, Shivaram Rajgopal, Suraj Srinivasan

Frictions in the CEO Labor Market: The Role of Talent Agents in CEO Compensation In Contemporary Accounting Research (2012) Coauthor(s): Shivaram Rajgopal, Daniel Taylor, Mohan Venkatachalam

Do the SEC's Enforcement Preferences Affect Corporate Misconduct? In Journal of Accounting and Economics (2011) Coauthor(s): Simi Kedia, Shivaram Rajgopal

Financial Reporting Quality and Idiosyncratic Return Volatility In Journal of Accounting and Economics (2011) Coauthor(s): Shivaram Rajgopal, Mohan Venkatachalam

Is Silence Golden? An Empirical Analysis of Firms That Stop Giving Quarterly Earnings Guidance In Journal of Accounting and Economics (2011) Coauthor(s): Shuping Chen, Dawn Matsumoto, Shivaram Rajgopal

Whistle-Blowing: Target Firm Characteristics and Economic Consequences In The Accounting Review (2010) Coauthor(s): Robert Bowen, Andrew Call, Shivaram Rajgopal

Accelerated Vesting of Employee Stock Options in Anticipation of FAS 123-R In Journal of Accounting Research (2009) Coauthor(s): Preeti Choudhary, Shivaram Rajgopal, Mohan Venkatachalam

Response to FAF Exposure Draft, "Proposed Changes to Oversight, Structure, and Operations of the FAF, FASB, and GASB" In Journal of Accounting and Public Policy (2009) Coauthor(s): George Benston, Douglas Carmichael, Theodore Christiansen, Robert Colson, Karim Jamal, Stephen Moehrle, Shivaram Rajgopal, Thomas Stober, Shyam Sunder, Ross Watts

Do Managers Value Stock Options and Restricted Stock Consistent with Economic Theory? In Contemporary Accounting Research (2009) Coauthor(s): Frank Hodge, Shivaram Rajgopal, Terry Shevlin

Is PIN Priced Risk? In Journal of Accounting and Economics (2009) Coauthor(s): Partha Mohanram, Shivaram Rajgopal

Neighborhood Matters: The Impact of Location on Broad Based Stock Option Plans In Journal of Financial Economics (2009) Coauthor(s): Simi Kedia, Shivaram Rajgopal

A Perspective on the SEC's Proposal to Accept Financial Statements Prepared in Accordance with International Financial Reporting Standards (IFRS) without Reconciliation to U.S. GAAP In Accounting Horizons (2008) Coauthor(s): Karim Jamal, George Benston, Douglas Carmichael, Theodore Christensen, Robert Colson, Stephen Moehrle, Shivaram Rajgopal, Thomas Stober, Shyam Sunder, Ross Watts

Accounting Discretion, Corporate Governance, and Firm Performance In Contemporary Accounting Research (2008) Coauthor(s): Shivaram Rajgopal

CEO Reputation and Earnings Quality In Contemporary Accounting Research (2008) Coauthor(s): Jennifer Francis, Allen Huang, Shivaram Rajgopal, Amy Zang

Meeting or Beating Analyst Expectations in the Post-Scandals World: Changes in Stock Market Rewards and Managerial Actions In Contemporary Accounting Research (2008) Coauthor(s): Kevin Koh, Dawn Matsumoto, Shivaram Rajgopal

Response to FASB Exposure Draft, "Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans: An Amendment of FASB Statements No. 87, 88, 106, and 132(R)" In Accounting Horizons (2007) Coauthor(s): Mark Bradshaw, Paquita Davis-Friday, Elizabeth Gordon, Patrick Hopkins, Robert Laux, Karen Nelson, Shivaram Rajgopal, K. Ramesh, Hollis Skaife, Robert Uhl, George Vrana

Response to FASB Exposure Draft, "The Fair Value Option for Financial Assets and Financial Liabilities, Including an Amendment of FASB Statement No. 115" In Accounting Horizons (2007) Coauthor(s): Mark Bradshaw, Paquita Davis-Friday, Elizabeth Gordon, Patrick Hopkins, Robert Laux, Karen Nelson, Shivaram Rajgopal, Hollis Skaife, K. Ramesh, Robert Uhl, George Vrana

The FASB's Conceptual Framework for Financial Reporting: A Critical Analysis In Accounting Horizons (2007) Coauthor(s): George Benston, Douglas Carmichael, Joel Demski, Bala Dharan, Karim Jamal, Robert Laux, Shivaram Rajgopal, George Vrana

A Response to the FASB Exposure Draft on Accounting for Uncertain Tax Positions: An Interpretation of FASB Statement No. 109 In Accounting Horizons (2007) Coauthor(s): Mark Bradshaw, Paquita Davis-Friday, Elizabeth Gordon, Patrick Hopkins, Robert Laux, Karen Nelson, Shivaram Rajgopal, K. Ramesh, Hollis Skaife, Robert Uhl, George Vrana

The Accrual Anomaly: International Evidence In The Accounting Review (2007) Coauthor(s): Morton Pincus, Shivaram Rajgopal, Mohan Venkatachalam

Value Destruction and Financial Reporting Decisions In Financial Analysts Journal (2006) Coauthor(s): John Graham, Campbell Harvey, Shivaram Rajgopal

CEOs' Outside Employment Opportunities and the Lack of Relative Performance Evaluation in Compensation Contracts In The Journal of Finance (2006) Coauthor(s): Shivaram Rajgopal, Terry Shevlin, Valentina Zamora

Why Is the Accrual Anomaly Not Arbitraged Away? The Role of Idiosyncratic Risk and Transaction Costs In Journal of Accounting and Economics (2006) Coauthor(s): Christina Mashruwala, Shivaram Rajgopal, Terry Shevlin

The Economic Implications of Corporate Financial Reporting In Journal of Accounting and Economics (2005) Coauthor(s): John Graham, Campbell Harvey, Shivaram Rajgopal

The Role of Online Buying Experience as a Competitive Advantage: Evidence from Third-Party Ratings for E-Commerce Firms In Journal of Business (2004) Coauthor(s): Suresh Kotha, Shivaram Rajgopal, Mohan Venkatachalam

Value-Glamour and Accruals Mispricing: One Anomaly or Two? In The Accounting Review (2004) Coauthor(s): Hemang Desai, Shivaram Rajgopal, Mohan Venkatachalam

The Value Relevance of Network Advantages: The Case of E-Commerce Firms In Journal of Accounting Research (2003) Coauthor(s): Suresh Kotha, Shivaram Rajgopal, Mohan Venkatachalam

Are Executive Stock Options Associated with Future Earnings? In Journal of Accounting and Economics (2003) Coauthor(s): Michelle Hanlon, Shivaram Rajgopal, Terry Shevlin

Does the Stock Market Fully Appreciate the Implications of Leading Indicators for Future Earnings? Evidence from Order Backlog In Review of Accounting Studies (2003) Coauthor(s): Shivaram Rajgopal, Terry Shevlin, Mohan Venkatachalam

Managerial Actions, Stock Returns, and Earnings: The Case of Business-to-Business Internet Firms In Journal of Accounting Research (2002) Coauthor(s): Shivaram Rajgopal, Mohan Venkatachalam, Suresh Kotha

Determinants of Revenue-Reporting Practices for Internet Firms In Contemporary Accounting Research (2002) Coauthor(s): Robert Bowen, Angela Davis, Shivaram Rajgopal

Empirical Evidence on the Relation between Stock Option Compensation and Risk Taking In Journal of Accounting and Economics (2002) Coauthor(s): Shivaram Rajgopal, Terry Shevlin

Institutional Ownership and the Extent to Which Stock Prices Reflect Future Earnings In Contemporary Accounting Research (2002) Coauthor(s): James Jiambalvo, Shivaram Rajgopal, Mohan Venkatachalam

The Interaction between Accrual Management and Hedging: Evidence from Oil and Gas Firms In The Accounting Review (2002) Coauthor(s): Morton Pincus, Shivaram Rajgopal

Early Evidence on the Informativeness of the SEC's Market Risk Disclosures: The Case of Commodity Price Risk Exposure of Oil and Gas Producers In The Accounting Review (1999) Coauthor(s): Shivaram Rajgopal

Working papers Does financial reporting misconduct pay off even when discovered? (2018) Coauthor(s): Dan Amiram, Serene Huang, Shivaram Rajgopal

Does Mandated Corporate Social Responsibility Reduce Intrinsic Motivation? Evidence from India (2018) Coauthor(s): Shivaram Rajgopal, Prasanna Tantri

Cheating When in The Hole: The Case of New York City Taxis (2015) Coauthor(s): Shivaram Rajgopal, Roger White

Who Gets Swindled in Ponzi Schemes? (2015) Coauthor(s): Stephen Deason, Shivaram Rajgopal, Gregory Waymire, Roger White

Does Corporate Social Responsibility (CSR) Create Shareholder Value? Exogenous Shock-Based Evidence from the Indian Companies Act 2013 (2015) Coauthor(s): Hariom Manchiraju, Shivaram Rajgopal

The Misrepresentation of Earnings (2015) Coauthor(s): Ilia Dichev, John Graham, Campbell Harvey, Shivaram Rajgopal

The Revolving Door and the SEC's Enforcement Outcomes: Initial Evidence from Civil Litigation (2015) Coauthor(s): Ed deHaan, Simi Kedia, Kevin Koh, Shivaram Rajgopal

Does It Matter Who Owns Moody's? (2014) Coauthor(s): Simi Kedia, Shivaram Rajgopal, Xing Zhou

Stock Picking Skills of SEC Employees (2014) Coauthor(s): Shivaram Rajgopal, Roger White

The Revolving Door and the SEC's Enforcement Outcomes: Initial Evidence from Civil Litigation (2014) Coauthor(s): Ed deHaan, Simi Kedia, Kevin Koh, Shivaram Rajgopal

The SEC's Enforcement Record Against Auditors (2014) Coauthor(s): Simi Kedia, Urooj Khan, Shivaram Rajgopal

Book reviews Review of Financial Reporting Disclosures: Market and Regulatory Failures In The Accounting Review (2015) Coauthor(s): Shivaram Rajgopal