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Theodore Sougiannis
KPMG Fellow in Accountancy and Associate Professor of Accountancy

Educational Background

Ph.D. Business, University of California at Berkeley, 1990
M.B.A. Finance, M.A. Economics, York University, Toronto, 1986, 1984
B.B.A. Accounting, University of Piraeus, Greece, 1977.

Positions Held

At the University of Illinois since 1990. Accountant, Texaco-Athens, 1979-81.

Recent Publications

Sougiannis, T., Chan, K., & Jegadeesh, N. The accrual effect on future earnings, Review of Quantitative Finance and Accounting, forthcoming.

Sougiannis, T., Oltheten, E., & Pinteris, G. 2003. Greece in the European Union: Policy lessons from two decades of membership. The Quarterly Review of Economics and Finance, 43: 774-806.

Sougiannis, T., Amir, E., & Lev, B. 2003. Do financial analysts get intangibles? European Accounting Review, 12: 635-659.

Sougiannis, T., Easton, P., Taylor, G., & Shroff, P. 2002. Using forecasts of earnings to simultaneously estimate growth and the rate of return on equity investment. Journal of Accounting Research, 40: 657-676.

Chan, L., Lakonishok, J., & Sougiannis, T. 2001.The stock market valuation of research and development expenditures. Journal of Finance, 56: 2431-2456.

Sougiannis, T., & Yaekura, T. 2001, The accuracy and bias of equity values inferred from analysts' earnings forecasts, Journal of Accounting, Auditing and Finance, 16: 331-362.

Honors and Awards

Incomplete List of Teachers Ranked as Excellent, Spring 1997, Fall 1997, Spring 1998, Spring 1999, and Fall 2002. St. Louis Accountancy Committee Excellence in Teaching Award, 1999. Best Paper Award from the Financial Reporting Section of the American Accounting Association, in 1997 for "The Capitalization, Amortization and Value Relevance of R&D," with B. Liu, Journal of Accounting and Economics (1996).

Professional Activities

Editorial boards: The Accounting Review; Contemporary Accounting Research; International Journal of Accounting; Journal of Accounting, Auditing and Finance; Journal of Accounting and Public Policy; Review of Accounting Studies.

Teaching and Research

Teaches courses in financial accounting. Research focuses on the use of accounting numbers in stock market valuations, the choice of financial accounting rules, and accounting regulation. Has consulted for the Law and Economics Consulting Group, Inc.

Contact Information:
209 Wohlers Hall
1206 South Sixth Street
Champaign, IL 61820
(217) 244-0555

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