Anna Costello

Anna Costello is Professor of Accounting. Before joining Booth, she previously served as an Assistant Professor of Accounting at University of Michigan Ross School of Business and MIT Sloan School of Management. Costello received her Bachelors and Masters of Business Administration from the University of Notre Dame and a PhD in Business Administration from the University of Chicago. Prior to earning her graduate degrees, Anna worked as a senior auditor for Deloitte.

Costello's research investigates the role of information sharing between supply chain partners. Specifically, her work shows that information asymmetry between buyers and suppliers impacts the terms and restrictions in long-term supply contracts. She also studies how trade credit between supply chain partners influences firm-specific and market-wide risk. Her research has been published in the Journal of Political Economy, the Journal of Financial Economics, the Journal of Accounting Research, the Journal of Accounting and Economics, and The Accounting Review. Costello was awarded the Best Dissertation Award from the Financial Accounting and Reporting Section of the American Accounting Association. She received the 2014-2015 MBA Teacher of the Year Award from the MIT Sloan School of Management.

Research Interests

• Supply chain risk; Economic spillovers; FinTech; Trade credit; Contracting

Education

• PhD The University of Chicago - Booth School of Business (2006 — 2011)
• MBA University of Notre Dame - Mendoza College of Business (2004 — 2006)
• University of Notre Dame (1998 — 2002)

PUBLICATIONS

• "Credit Market Disruptions and Liquidity Spillover Effects in the Supply Chain"
  Journal of Political Economy 128 (2020): 3434-3468.

• "Machine + Man: A field experiment on the role of discretion in augmenting AI-based lending models"
  with Andrea Down and Mihir Mehta
  Journal of Accounting and Economics (2020): 101360.

• "The value of collateral in trade finance"
  Journal of Financial Economics 134 (2019): 70-90.

• "Do Strict Regulators Increase the Transparency of Banks?"
  with Joao Granja and Joseph Weber
  Journal of Accounting Research 57 (2019): 603-637.

• "The Impact of Balanced Budget Restrictions on States' Fiscal Actions"
  with Reining Petacchi and Joseph Weber
  The Accounting Review 92 (2017): 51-71.

• "Mitigating Incentive Conflicts in Inter-Firm Relationships: Evidence from Long-Term Supply Contracts"
  Journal of Accounting and Economics 56 (2013): 19-39.

• "The impact of financial reporting quality on debt contracting: Evidence from internal control weakness reports."
  with Regina Wittenberg-Moerman
  Journal of Accounting Research 49 (2011): 97-136.

• "The Long and Short of It: The Post-Crisis Corporate CDS Market"
  with Nina Boyarchenko and Or Shachar
  Economic Policy Review 26 (2020): 1-48.