Nicholas Guest
- Assistant Professor
- Half Century Faculty Research Fellowship, Samuel Curtis Johnson Graduate School of Management
Faculty Expertise
- Accounting
- Investments
- Asset Management
- Financial Media
- Quantitative Modeling
- Machine Learning
Contact
Samuel Curtis Johnson Graduate School of Management
607.255.4220
Website
Biography
Nicholas Guest is an assistant professor of accounting at the Samuel Curtis Johnson Graduate School of Management at the Cornell SC Johnson College of Business. His research focuses on the market for public firms' financial data, especially earnings and textual disclosure.
He has two main streams of research. One examines the characteristics of the earnings, other accounting data, and text provided in firms' disclosures. The other focuses on the users of those disclosures, especially active equity investors and financial journalists. This work has been published in leading academic journals, including The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Management Science, Review of Accounting Studies, and Financial Management, and has been covered by top media outlets, including The Wall Street Journal, MarketWatch, and Yahoo Finance.
Selected Publications
- Drake, Michael; Guest, Nicholas; Twedt, Brady. "The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information"The Accounting Review. 89.5 (2014): 1673-1701
- Guest, Nicholas. "The Information Role of the Media in Earnings News"Journal of Accounting Research. 59.3 (2021): 1021-1076
- Guest, Nicholas; Kothari, S.; Pozen, Robert. "Why Do Large Positive Non-GAAP Earnings Adjustments Predict Abnormally High CEO Pay?"The Accounting Review. 97.6 (2022): 297-326
- Guest, Nicholas; Kothari, S.; So, Eric. "Flight to Earnings: The Role of Earnings in Periods of Capital Scarcity"Management Science. 69.8 (2023): 4908-4931
- Guest, Nicholas; Kothari, S.; Venkat, Parth. "Share repurchases on trial: Large-sample evidence on share price performance, executive compensation, and corporate investment"Financial Management. 52.1 (2023): 19-40
- Guest, Nicholas; Kim, Jaewoo. "The media response to a loss of analyst coverage"Review of Accounting Studies. 29 (2024): 3752-3787
- Dyer, Travis; Guest, Nicholas; Yu, Elisha. "New Accounting Standards and the Performance of Quantitative Investors"Journal of Accounting and Economics. (forthcoming).
Awards and Honors
- Excellence in Refereeing (2024) Journal of Accounting Research
- Teaching Honor Roll (2023) Samuel Curtis Johnson Graduate School of Management
- MIT Sloan Thesis Prize, First Place (2018) MIT Sloan
- BYU School of Accountancy Director's Award (2013) Brigham Young University
- Beta Alpha Psi "Oustanding Officer" Scholarship (2012) Brigham Young University
Recent Courses
- NBA 5090/LAW 5090 - Advanced Financial Statement Analysis
Academic Degrees
- PhD Massachusetts Institute of Technology, 2018
- MS Massachusetts Institute of Technology, 2016
- MAcc Brigham Young University, 2013
- BS Brigham Young University, 2013