University of Southern California

K.R. Subramanyam
KPMG Foundation Professor of Accounting, Associate Dean of Marshall PhD Program

USC Marshall School of Business
Los Angeles, CA 90089-0808

Phone: 
213-740-5017
Education: 
PhD, University of Wisconsin; MBA, Indian Institute of Management - Ahmadabad; BCom, Madras University

Overview

K.R. Subramanyam is a prolific and highly cited researcher in financial accounting and auditing who is on the editorial boards of several leading journals. His research has been widely reported in the national and international media and also cited in congressional hearings. He is the recipient of several research awards including the Notable Contribution to the Auditing Literature. Professor Subramanyam teaches financial statement analysis in the MBA program and is an author of a popular text book on the topic. Professor Subramanyam has been actively involved with doctoral students and has placed his students at Stanford and Columbia.

Research

Subramanyam, K.R., Muslu, V., Suresh, R., and Dongkuk, L. (2013) "Forward Looking Disclosures in the MD&A and the Financial Information Environment," Management Science.
Erkens, D. H., Subramanyam, K.R., and Zhang, J. (2013) "Affiliated bankers on board and conservative accounting,".
Liu, Z., Subramanyam, K.R., Zhang, J., and Shi, C. (2013) "Are credit raters misled by earnings management? Evidence from credting watch downgrades,".
Qi, Z., Subramanyam, K.R., and Zhang, J. (2013) "Accrual quality, bond liquidity, and cost of debt,".
Subramanyam, K.R. (2013) "Financial Statement Analysis," McGraw Hill Irwin (11th Edition).
Subramanyam, K.R., Schonberger, B., and Hong, H. (2013) "Does the option market price predictable patterns in future equity returns? Evidence from accounting anomalies,".
Liu, Z., Subramanyam, K.R., Zhang, J., and Shi, C. (2012) "Are rating agencies misled by earnings management? Evidence from credit watch resolutions,".
Liu, Z., Subramanyam, K.R., Zhang, J., and Shi, C. (2011) "An investigation of the role of accounting in the credit watch process,".
Erkens, D. H., Subramanyam, K.R., and Zhang, J. (2011) "Affiliated bankers on board and conservative accounting,".
Qi, Z., Subramanyam, K.R., and Zhang, J. (2011) "Accrual quality, bond liquidity, and cost of debt,".
Cheng, M., and Subramanyam, K.R. (2008) "Analyst Following and Credit Ratings," Contemporary Accounting Research, 25 (4), 1007-1043.
Hann, R. N., Heflin, F., and Subramanyam, K.R. (2007) "Fair-Value Pension Accounting," Journal of Accounting and Economics, 44 (3), 328-358.
Hung, M., and Subramanyam, K.R. (2007) "Financial Statement Effects of the Adoption of International Accounting Standards: the Case of Germany," Review of Accounting Studies , 12 (4), 623-657.
Ogneva, M., and Subramanyam, K.R. (2007) "Does the Stock Market Underreact to Going Concern Opinions? Evidence from the U.S. and Australia," Journal of Accounting and Economics , 43 (2&3), 439-462.
Subramanyam, K.R., and Venkatachalam, M. (2007) "Earnings, Cash Flows and Ex Post Intrinsic Value of Equity," The Accounting Review, 82 (2), 457-481.
Ogneva, M., Raghunandan, K., and Subramanyam, K.R. (2007) "Internal Control Weakness and Implied Cost of Equity: Evidence from SOX Section 404 Certifications," The Accounting Review, 82 (5), 1255-1297.
Hann, R. N., Lu, Y., and Subramanyam, K.R. (2007) "Uniformity vs. Flexibility: Evidence from Pricing of the Pension Obligation," The Accounting Review, 82 (1), 107-137.
Wild, J., Subramanyam, K.R., and Halsey, B. (2006) "Financial Statement Analysis," McGraw-Hill Irwin (9th).
Heflin, F., Subramanyam, K.R., and Zhang, Y. (2003) "Regulation FD and the Financial Information Environment: Early Evidence," The Accounting Review, 78 (1), 1-37.
Wild, J., Subramanyam, K.R., and Halsey, B. (2003) "Financial Statement Analysis," McGraw-Hill Irwin (8th).
Tucker, R., Matsumura, E.M., and Subramanyam, K.R. (2003) "Going-Concern Judgments: An Experimental test of the Self-Fulfilling Prophecy and Forecast Accuracy," Journal of Accounting and Public Policy, 22 (5), 401-432.
DeFond, M.L., Raghunandan, K., and Subramanyam, K.R. (2002) "Do Non-Audit Service Fees Impair Auditor Independence? Evidence from Going Concern Audit Opinions," Journal of Accounting Research, 40 (4), 1247-1274.
Sankar, M., and Subramanyam, K.R. (2001) "Reporting Discretion and Private Information Communication through Earnings," Journal of Accounting Research, 39 (2), 367-392.
Dhaliwal, D.S., Subramanyam, K.R., and Trezevant, R. H. (1999) "Is Comprehensive Income Superior to Net Income as a Summary Measure of Firm Performance?," Journal of Accounting and Economics, 26, 43-67.
Wild, J., Bernstein, S., and Subramanyam, K.R. (1999) "Financial Statement Analysis---Theory, Application and Interpretation," McGraw-Hill Irwin (7th).
DeFond, M., and Subramanyam, K.R. (1998) "Auditor Changes and Discretionary Accruals," Journal of Accounting and Economics, 25 (1), 35-68.
Becker, C., DeFond, M., Jiambalvo, J., and Subramanyam, K.R. (1998) "The Effect of Auditor Quality on Earnings Management," Contemporary Accounting Research, 15 (1), 1-27.
Matsumura, E.M., Subramanyam, K.R., and Tucker, R. (1997) "Strategic Auditor Behavior an Going Concern Decisions," Journal of Business, Finance and Accounting, 24 (6), 727-758.
Subramanyam, K.R., and Wild, J.J. (1996) "Going Concern Status, Earnings Persistence and the Informativeness of Earnings," Contemporary Accounting Research, 13 (1), 251-274.
Subramanyam, K.R. (1996) "The Pricing of Discretionary Accruals," Journal of Accounting and Economics, 22 (1,2,3), 249-281.
Subramanyam, K.R. (1996) "Uncertain Precision and Market Reactions to Information," The Accounting Review, 71 (2), 207-220.