Cornell University The Johnson School at Cornell University

Asset Management

Research

The Johnson School generates leading-edge knowledge, which it disseminates worldwide, not only through publications, but also by providing experts to leading professional organizations and businesses. One of the vehicles that allows businesses first or restricted access to new research and breakthrough knowledge are partnerships that also serve to benefit the school, perpetuating our top-level research and knowledge generation.

In addition to the Parker Center research powerhouse, Johnson School faculty provide empirical thought leadership in many areas of finance and accounting, and interact closely with industry associations and business organizations. Our accounting faculty consistently rates among the top ten in the country in output of cutting-edge research. Johnson School finance faculty are frequently interviewed on issues of shareholder-compensation practices, corporate governance, impact of taxation policies, international finance, analyst behavior and many other finance topics by such publications as the Wall Street Journal, the New York Times, Barron's, Money, Investor's Business Daily, Fortune, Forbes, and Worth.

Among our outstanding faculty, here are a few additional profiles reflecting areas of expertise and ongoing research:

Roni Michaely, Rudd Family Professor of Management, conducts research in areas relating to corporate finance, capital markets and valuation. His current research focuses on conflict of interest in the capital markets, corporations' payout policy, and the pricing and optimal trading mechanisms of IPOs. He serves on the advisory board of the Israel Securities Authority.

Hal Bierman, Nicholas H. Noyes Professor of Business Administration and Professor of Finance, has authored more than 150 books and articles on finance, investment, taxation, accounting, and quantitative analysis.

Alan Biloski, Visiting Lecturer of Finance, is a former managing director of Merrill Lynch, who advised on approximately $100 billion in merger and acquisition healthcare transactions.

Jerome Hass, Professor of Finance and Krause Faculty Fellow in Real Estate, is a former chief of the Division of Economic Studies at the Federal Power Commission and former consultant to the Executive Office of the President of the United States. His research interests are corporate and capital-market finance, business strategy, and the economics of energy and regulation.

Mark Nelson, Eleanora and George Landew Professor of Management and Professor of Accounting, is a member of the Financial Accounting Standards Advisory Council (FASAC). His current research examines psychological and economic factors that influence how people interpret and apply accounting, auditing, and tax regulations and trade in financial markets.

Thomas Dyckman, Ann Whitney Olin Professor of Accounting, is a former president of the American Accounting Association, FASAC and the Financial Accounting Foundation. His publications have dealt with econometric models, the investment decision, alternative accounting techniques, the behavioral effects of accounting reports, the economic consequences of accounting policy decisions, and statistical techniques. He is currently studying normative and descriptive decision making in accounting.

Robert Swieringa, The Anne and Elmer Lindseth Dean of the Johnson School and Professor of Accounting, was recently elected to the audit committee of General Electric Company's Board of Directors, in part to satisfy recent legislation encouraging companies to include a "financial expert."