Dr. Jeffrey Pittman
Report from the Chair in Corporate Governance and Transparency
My research program primarily focuses on examining whether economic outcomes are sensitive to corporate governance structures.
In 2019, I had four papers accepted for publication in major journals including Contemporary Accounting Research and Accounting, Organizations and Society. A focal point of my recent projects is analyzing the role that political and social networks play in shaping financial analysts’ forecast properties as well as external auditors’ performance and career trajectories. Several studies exploit exogenous shocks in staggered difference-in-difference designs to improve identification. For example, one project involves gauging whether auditors keep their clients on a shorter leash after transportation infrastructure improves following the launch of high-speed rail services in China.
Another series of ongoing projects explores whether stock price crash risk subsides when corporate tax enforcement is stricter and whether audit quality hinges on audit partners’ risk tolerance evident in their criminal histories. I continue to focus intently on these and other projects with several under revision at such top outlets as The Accounting Review, the Journal of Accounting and Economics, Management Science and Contemporary Accounting Research.
Apart from my own research activities, I was recently re-appointed as deputy editor-in-chief of Contemporary Accounting Research. Besides serving as a faculty leader at several doctoral consortia, I have also been named as the Shidler Speaker by the University of Hawaii at Manoa.
Although I mainly publish my research in accounting journals, my archival evidence also appears in top finance and ethics outlets such as the Journal of Financial Economics and the Journal of Business Ethics. Since it ordinarily takes several years for the impact of scholarly research to become known, I hope that my current projects have a similar impact on academic research and the public policy discourse as my earlier papers.