Anup Srivastava

Canada Research Chair in Accounting, Decision Making, and Capital Markets and Associate Professor at Haskayne School of Business

Assistant Professor of Business Administration; Daniel R. Revers T'89 Faculty Fellow at Tuck School of Business at Dartmouth

Schools

  • Tuck School of Business at Dartmouth
  • Haskayne School of Business

Expertise

Links

Biography

Haskayne School of Business

Anup Srivastava joined the Haskayne School of Business in July 2018. Previously, he worked at as an assistant professor at Kellogg School of Management (Northwestern University) and Tuck School of Business (Dartmouth College) which he left as an associate professor.

In October 2018, Anup became Haskayne's first Canada Research Chair awarded by the Government of Canada.

Anup holds a BTech in Mechanical Engineering from the Indian Institute of Technology Delhi (1984-88), MBA in Finance from the University of Delhi (1988-90), and PhD in Accounting from Texas A&M University (2003-2008).

Anup brings vast corporate experience of almost fourteen years. He has worked as a banker, consultant, and corporate executive in the East and West Coast cities of the United States and India. He has worked at billion-dollar conglomerates as well as cash-strapped startups.

Anup is one of the foremost researchers on the changing economics of listed companies. He examines how knowledge-based companies, such as Facebook, Alphabet, and Microsoft, supplant asset- and infrastructure-intensive companies, such as Walmart, General Motors, and Exxon-Mobil, in capital creation and employment generation.

His research highlights key elements disrupted by this progression: accelerating corporate demise and emerging hyper-competition; changing role of the board of directors; shifts in executive incentive plans; new auditing and financial reporting requirements; and a growing need for highly skilled human capital.

Anup has published numerous articles in journals classified in Financial Times (FT-50). Anup has published in elite scholarly journals, such as Management Science, Accounting Review, Journal of Accounting and Economics, Journal of Financial Economics, and Review of Accounting Studies. Two of his papers are typically included in the curricula of top PhD programs in accounting. One of them is listed in the Hall of Fame of the Journal of Financial Economics, and is one of the most cited papers in the field of accounting and finance.

Anup has published a unique series of articles in Harvard Business Review, on the underlying economics, valuation, and financial reporting issues of digital companies.

Anup has been interviewed or quoted by leading media outlets, such as Bloomberg, Financial Times, New York Times, Wall Street Journal, Economist Intelligence Unit, National Public Radio, Forbes, Chicago Tribune, Barrons, and Reuters.

Anup has presented his work in seminar format at 45 of the world’s top universities, in 10 different countries.

Anup is deputy editor-in-chief for Management and Business Review and an Editorial board member for Contemporary Accounting Research. Anup is the "Main Faculty Advisor" to The Haskayne Report, a journal started by the Haskayne students. He is a Member of the Academic Advisory Committee of AcSB (Accounting Standards Board of Canada).

Publications

Top-tier Journals

  • Hong, H., J. W. Ryou, and A. Srivastava. 2020. Lender Monitoring and the Efficacy of Managerial Risk-Taking Incentives. Accounting Review. 96 (4): 315–339

  • Srivastava, A. 2019. Improving the measures of real earnings management. Review of Accounting Studies. 24 (4): 1277–1316.

  • Enache, L. and A. Srivastava. 2018. Should intangible investments be reported separately or commingled with operating expenses? New evidence. Management Science 64(7): 3446–3468.

  • Aobdia, D., A. Srivastava, and E. Wang. 2018. Are immigrants complements or substitutes? Evidence from the audit industry. Management Science 64(5): 1997–2012.

  • Srivastava, A. 2014. Why have measures of earnings quality changed over time? Journal of Accounting and Economics. 57:196–217.

  • Srivastava, A. 2014. Selling-price estimates in revenue recognition and earnings informativeness. Review of Accounting Studies. 19:661–697.

  • McAnally, M. L., A. Srivastava, and C. Weaver. 2008. Executive stock options, missed earnings targets and earnings management. The Accounting Review. 83(1): 185–216.

  • Efendi, J, A. Srivastava, and E. P. Swanson. 2007. Why do corporate managers misstate financial statements? The role of in-the-money options and other incentives. Journal of Financial Economics. 85(3): 667–708.

Scholarships and Awards

  • Dean's Award for Innovative Research, 2020
  • Best Paper award at the 2018 European Institute for Advanced Studies in Management (EIASM) Interdisciplinary Workshop on “Intangibles & Intellectual Capital” (Munich, Germany)
  • Best Paper award at the 2017 annual meeting of the European Financial Management Association (Athens, Greece)
  • Excellence in Reviewing Award FARS 2017 meeting
  • Best Paper award at the 2016 audit midyear meeting
  • Best Paper award at the 2012 Midwest AAA meeting
  • Lawrence Revsine Research Fellowship offered by the Kellogg School of Management
  • Deloitte Fellowship of $25,000 for doctoral studies
  • Regents’ Scholarship at the Texas A&M University
  • Mays Business School Dean’s Scholarship for meritorious performance
  • Best teaching award for doctoral student at Mays Business School
  • National Talent Search Scholarship awarded by Government of India

Tuck School of Business at Dartmouth

Bio

Anup Srivastava joined the Tuck School of Business in 2014. Previously, he was an assistant professor at Kellogg School of Management, Northwestern University.

Current Research Topics

  • Earnings quality
  • Management forecasts
  • CEO pay
  • Executive stock options
  • Accounting conservatism
  • Intangibles
  • Financial risks
  • Immigration
  • Auditing
  • Tax

Professional Activities

Academic positions

  • Tuck School of Business, 2014–present
  • Assistant Professor, Kellogg School of Management, Northwestern University, 2008–14

Nonacademic positions

  • Secretary and Treasurer, Usha Communications Technology, 2000–03
  • Director of Finance, IndiaServer.com, 2000
  • Vice President, Aditya Birla Group, 1996–2000
  • Associate Vice President, ICICI Bank, 1990–96

Editorial positions

  • Ad hoc reviewer for Management Science, Review of Accounting Studies, The Accounting Review, Journal of Accounting Research, Contemporary Accounting Review, Financial Management, Journal of Accounting and Public Policy, Accounting Horizons, and Accounting Organizations and Society
  • Associate editor for Asia-Pacific Journal of Accounting & Economics

Working Papers

  • With V. Govindarajan, "Strategy When Creative Destruction Accelerates"
  • With L. Enache, "Should Intangible Investments be Reported Separately or Commingled with Operating Expenses? New Evidence"
  • With D. Aobdia and L. Enache, "Will the Auditing Industry Become a Tighter or Looser Oligopoly?"
  • "The Listing Cohort Phenomenon and Some Improvements in the Measurement of Real Activity Manipulation"
  • With H. Hong and J.W. Ryou, "The Dark Side of Financial Statement Comparability, Lower Tax Savings"
  • With L. Enache and A. Parbonetti, "Professional Backgrounds of Outside Directors and Firms' Voluntary Disclosures: Evidence from Biotechnology Firms"
  • With H. Hong and J.B. Kim, "Information Price Discoveries in Poorly Governed Firms"

Awards

  • Larry Lang Corporate Finance Best Paper Award at the 2017 European Financial Management Association (EFMA) conference
  • Lawrence Revsine Research Fellowship offered by the Kellogg School of Management
  • Best Paper award at the 2012 Midwest AAA meeting
  • Best Paper award at the 2016 audit midyear meeting
  • Deloitte Fellowship of $25,000 for doctoral studies
  • Regents’ Scholarship at the Texas A&M University
  • Mays Business School Dean’s Scholarship for meritorious performance
  • National Talent Search Scholarship awarded by Government of India

Selected Publications

Top-Tier Journals

  • With D. Aobdia and E. Wang, "Are Immigrants Complements or Substitutes? Evidence from the Audit Industry," Management Science, forthcoming
  • With L. Enache, "Should Intangible Investments be Reported Separately or Commingled with Operating Expenses? New Evidence," Management Science, forthcoming
  • With V. Govindarajan, "The Scary Truth about Corporate Survival," _Harvard Business Review, _December 2016
  • "Why Have Measures of Earnings Quality Changed Over Time?" Journal of Accounting and Economics, 57, 2014
  • "Selling-Price Estimates in Revenue Recognition and Earnings Informativeness," Review of Accounting Studies, 19, 2014
  • With M. McAnally and C. Weaver, "Executive Stock Options, Missed Earnings Targets and Earnings Management," _The Accounting Review, _83(1), 2008
  • With J. Efendi and E. P. Swanson, "Why Do Corporate Managers Misstate Financial Statements? The Role of In-The-Money Options and Other Incentives," _Journal of Financial Economics, _85(3), 2007

Other Peer-Reviewed Journals

  • With S. Tse, "Why are Successive Cohorts of Listed Firms Persistently Riskier?" European Financial Management Journal, forthcoming
  • With S.V. Sunder and S. Tse, "Timely Loss Recognition and the Early Termination of Loss-Making Projects," China Journal of Accounting Research, 8(3), 2015
  • With L. Rees and S. Tse, "Seemingly Opportunistic Management Earnings Guidance Before Stock Option Grants: Does it Misrepresent Firms’ Underlying Performance?" Asia-Pacific Journal of Accounting & Economics, 21(2), 2014
  • "Do CEOs Possess any Extraordinary Ability? Can Those Abilities Justify Large CEO Pay?" Asia-Pacific Journal of Accounting & Economics, 20(4), 2013

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