College of Business: University of Illinois at Urbana-Champaign

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Theodore Sougiannis

Professor of Accountancy and KPMG Distinguished Professor of Accountancy and
Director of Accountancy PHD Program

All Publications


Articles in Journals

Oltheten, E. , Sougiannis, T., Travlos, N., Zarkos, S. 2013. Greece in the Eurozone: Lessons from a Decade of Experience. Quarterly Review of Economics and Finance, 53: 317-335 SSRN Abstract

Chen, X. , Lu, H., Sougiannis, T. 2012. The Agency Problem, Corporate Governance, and the Behavior of Selling, General, and Administrative Costs. Contemporary Accounting Research, 29: 252-282

Cao, Y., Myers, L., Sougiannis, T. 2011. Does Earnings Acceleration Convey Information? Review of Accounting Studies, 16: 812-842

Sougiannis, T. 2011. Discussion - The Effect of R&D Inputs and Outputs on the Relation between the Uncertainty of Future Operating Performances and R&D Expenditures. Journal of Accounting, Auditing and Finance, 26: 145-149

Lev, B., Li, S., Sougiannis, T. 2009. The Usefulness of Accounting Estimates for Predicting Cash Flows and Earnings. Review of Accounting Studies, 15: 779-807

Ghicas, D., Papadaki, A., Siougle, G., Sougiannis, T. 2008. The Relevance of Quantifiable Audit Qualifications in the Valuation of IPOs. Review of Accounting Studies, 13: 512-550

Chambers, D., Linsmeier, T., Shakespeare, C., Sougiannis, T. 2007. An Evaluation of SFAS No. 130 Comprehensive Income Disclosures. Review of Accounting Studies, 12: 557-593

Lev, B., Sarath, B., Sougiannis, T. 2005. R&D Reporting Biases and their Consequences. Contemporary Accounting Research, 22: 977-1026

Oltheten, E. , Sougiannis, T. 2004. The Sarbanes-Oxley Act of 2002 as a Response to Corporate Scandals: Analysis, Criticism and Implications for the International Market. Economic Mailman

Chan, K., Jegadeesh, N., Sougiannis, T. 2004. The Accrual Effect on Future Earnings. Review of Quantitative Finance and Accounting, 22: 97-121

Sougiannis, T. 2004. Discussion-Market Reaction to Proposed Changes in Accounting for Purchased Research and Development in R&D Intensive Industries. Journal of Accounting, Auditing and Finance, 19: 429-433

Oltheten, E. , Pinteris, G., Sougiannis, T. 2003. Greece in the European Union: Policy Lessons from Two Decades of Membership. Quarterly Review of Economics and Finance, 43: 774-806 SSRN Abstract

Amir, E., Lev, B., Sougiannis, T. 2003. Do Financial Analysts Get Intangibles? European Accounting Review, 12: 635-659

Easton, P., Taylor, G., Shroff, P., Sougiannis, T. 2002. Using Forecasts of Earnings to Simultaneously Estimate Growth and the Rate of Return on Equity Investment. Journal of Accounting Research, 40: 657-676

Whitford, D. , Gentry, J. , Sougiannis, T., Aoki, S. 2001. Do Accounting Earnings or Free Cash Flow Flows Provide a Better Estimate of a Stock's Value? Security Analysts Journal, 39: 66-78

Chan, K. , Lakonishok, J. , Sougiannis, T. 2001. The Stock Market Valuation of Research and Development Expenditures. Journal of Finance, 56: 2431-2456 SSRN Abstract

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 SSRN Abstract

Amir, E., Sougiannis, T. 1999. Analysts' Interpretation and Investors' Valuation of Tax Carryforwards. Contemporary Accounting Research, 16: 1-33 SSRN Abstract

Lev, B., Sougiannis, T. 1999. Penetrating the Book-to-Market Black Box: The R&D Effect. Journal of Business Finance and Accounting, 26: 419-449

Penman, S., Sougiannis, T. 1998. A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation. Contemporary Accounting Research, 15: 343-383 SSRN Abstract

Penman, S., Sougiannis, T. 1997. The Dividend Displacement Property and the Substitution of Anticipated Earnings for Dividends in Equity Valuation. The Accounting Review, 72: 1-21

Sougiannis, T. 1997. The Cyclical Valuation of Catastrophic Losses in the Insurance Industry. Journal of Financial Statement Analysis, 3: 32-43

Sougiannis, T. 1997. Recent Advances in Inflation Accounting and their Implications for the Multinational Corporation. Corporate Finance Review, 2: 12-19

Lev, B., Sougiannis, T. 1996. The Capitalization, Amortization, and Value Relevance of R&D. Journal of Accounting and Economics, 21: 107-138

Sougiannis, T. 1994. The Accounting Based Valuation of Corporate R&D. The Accounting Review, 69: 44-68

Sougiannis, T. 1985. Causality Between Money and the Index of Industrial Production in the Greek Economy. Spoudai, 35: 94-103

Working Papers

Fedyk, T., Singer, Z., Sougiannis, T. 2011. Does the Accrual Anomaly End when Accruals Reverse?

Golubov, A., Petmezas, D., Sougiannis, T., Travlos, N. 2011. Due Diligence on the Bidder and the Certification Effect

Sougiannis, T., Koh, W. 2010. Do Investors Value Stewardship? Evidence from Stock Price Reactions to the First News of Widespread Stock Option Backdating

Chan, K. , Karceski, J., Lakonishok, J. , Sougiannis, T. 2008. Balance Sheet Growth and the Predictability of Stock Returns

Linsmeier, T., Shakespeare, C., Sougiannis, T. 2008. Liability/Equity Classification Decisions and Shareholder Valuation

Presentations

Fedyk, T., Singer, Z., Sougiannis, T. 2011. Does the Accrual Anomaly End when Abnormal Accruals Reverse?, American Accounting Association FARS Section Midyear Meeting, Tampa.

Koh, W., Sougiannis, T. 2011. Do Investors Value Stewardship? Evidence from Stock Price Reactions to the First News of Widespread Stock Option Backdating, European Accounting Association (EAA) Annual Congress, Rome-Siena.

Sougiannis, T., Golubov, A., Petmezas, D., Travlos, N. 2011. How Does Target Firm Auditor Reputation Affect M&As?, American Accounting Association Annual Meeting, Denver.

Fedyk, T., Singer, Z., Sougiannis, T. 2010. Does the Accrual Anomaly End when Abnormal Accruals Reverse?, American Accounting Association Annual Meeting, San Francisco.

Fedyk, T., Singer, Z., Sougiannis, T. 2010. Does the Accrual Anomaly End when Accruals Reverse?, Canadian Academic Accounting Association Annual Conference, Vancouver.

Sougiannis, T. 2010. Balance Sheet Growth and the Predictability of Stock Returns, Athens School of Economics and Business, Athens.

Sougiannis, T. 2010. Balance Sheet Growth and the Predictability of Stock Returns, European Accounting Association (EAA) Annual Congress, Istanbul.

Sougiannis, T. 2009. Balance Sheet Growth and the Predictability of Stock Returns, University of Arkansas, Fayetteville.

Sougiannis, T. 2009. Balance Sheet Growth and the Predictability of Stock Returns, Tel Aviv University International Accounting Conference, Tel Aviv.

Sougiannis, T. 2009. Balance Sheet Growth and the Predictability of Stock Returns, American Accounting Association Annual Meeting, New York.

Sougiannis, T. 2009. Does Earnings Acceleration Convey Information?, University of Florida, Gainesville.

Sougiannis, T. 2009. Does Earnings Acceleration Convey Information?, American Accounting Association Annual Meeting, New York.

Lev, B., Li, S., Sougiannis, T. 2008. The Usefulness of Accounting Estimates, American Accounting Association Annual Meeting, Anaheim.

Sougiannis, T. 2008. Balance Sheet Growth and the Predictability of Stock Returns, European Financial Management Association Meetings, Athens.

Sougiannis, T. 2008. Balance Sheet Growth and the Predictability of Stock Return, Columbia University, New York.

Sougiannis, T. 2008. Balance Sheet Growth and the Predictability of Stock Returns, University of Illinois at Chicago, Chicago.

Sougiannis, T. 2008. The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General and Administrative Costs?, Canadian Academic Accounting Association Annual Conference, Winnipeg.

Sougiannis, T. 2008. The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General and Administrative Costs?, Athens School of Economics and Business, Athens.

Sougiannis, T. 2008. The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General and Administrative Cost?, American Accounting Association FARS Section Midyear Meeting, Phoenix.

Sougiannis, T. 2008. The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General and Administrative Costs?, Global Management Accounting Research Symposium, Sydney.

Sougiannis, T. 2008. The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General and Administrative Costs?, American Accounting Association Annual Meeting, Anaheim.

Sougiannis, T. 2008. Does Earnings Acceleration Convey Information?, American Accounting Association Midwest Region Meeting, Troy.

Sougiannis, T. 2007. Does Earnings Acceleration Convey Information?, 2007 ARNN Accounting Symposium, Catholic University of Leuven, Leuven.

Sougiannis, T. 2007. Does Earnings Acceleration Convey Information?, American Accounting Association Midwest Region Meeting, St. Louis.

Sougiannis, T. 2007. Does Earnings Acceleration Convey Information?, ATINER 2007 Conference, Athens.

Sougiannis, T. 2007. Does Earnings Acceleration Convey Information?, University of Alberta, Edmonton.

Sougiannis, T. 2007. Does Earnings Acceleration Convey Information?, Athens School of Economics and Business, Athens.

Sougiannis, T. 2007. The Usefulness of Accounting Estimates, 2007 Hellenic Finance and Accounting Association Conference, Patras.

Sougiannis, T. 2007. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, 2007 CGA/University of Manitoba Accounting Research Conference, Winnipeg.

Lev, B., Li, S., Sougiannis, T. 2006. The Usefulness of Accounting Estimates, American Accounting Association FARS Section Midyear Meeting, Atlanta.

Sougiannis, T. 2006. Does Earnings Acceleration Convey Information?, Baruch College, New York.

Sougiannis, T. 2006. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, Texas A&M University, College Station.

Lev, B., Li, S., Sougiannis, T. 2005. The Usefulness of Accounting Estimates, 16th Annual Conference on Financial Economics and Accounting (FEA), Chapel Hill.

Sougiannis, T. 2005. An Evaluation of SFAS No. 130 Comprehensive Income Disclosures, American Accounting Association Annual Meeting, San Francisco.

Sougiannis, T. 2005. The Usefulness of Accounting Estimates, University of Texas - Dallas, Dallas.

Sougiannis, T. 2005. The Usefulness of Accounting Estimates, 2005 Columbia - NYU Seminar, New York.

Doogar, R., Sougiannis, T., Xie, H. 2004. The Value of Auditor Credibility: Stock-Market Evidence from the Enron-Andersen Saga, American Accounting Association Auditing Section Midyear Meeting, Tampa Bay.

Doogar, R., Sougiannis, T., Xie, H. 2004. The Impairment of Auditor Credibility: Stock-Market Evidence from the Enron-Andersen Saga, American Accounting Association Annual Meeting, Orlando.

Lev, B., Li, S., Sougiannis, T. 2004. The Usefulness of Accounting Estimates, University of Illinois Accountancy Forum, Urbana-Champaign.

Sougiannis, T. 2004. An Evaluation of SFAS No. 130 Comprehensive Income Disclosures, University of Houston, Houston.

Sougiannis, T. 2004. The Usefulness of Accounting Estimates, 2004 London Business School Summer Conference, London.

Sougiannis, T. 2004. The Usefulness of Accounting Estimates, 2004 Washington University - St. Louis Mini-Conference, St. Louis.

Sougiannis, T. 2004. The Usefulness of Accounting Estimates, Penn State University, University Park.

Sougiannis, T. 2004. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, Boston University, Boston.

Sougiannis, T. 2004. The Market Value of R&D: An Application to Telecommunication Companies, 2004 Bocconi University Conference on Sustainability, Financial Performance and Market Valuation, Milan.

Sougiannis, T. 2003. The Relevance of Quantifiable Audit Qualifications in the Valuation of IPOs, 2003 European Accounting Association Meeting, Seville.

Sougiannis, T. 2003. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, Notre Dame University, Notre Dame.

Sougiannis, T. 2003. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, University of Illinois at Chicago, Chicago.

Sougiannis, T. 2003. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, University of Cincinnati, Cincinnati.

Sougiannis, T. 2003. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, McMaster University, Hamilton.

Sougiannis, T. 2003. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, University of Kentucky, Lexington.

Sougiannis, T. 2003. The Impairment of Auditor Credibility: Stock Market Evidence from the Enron-Andersen Saga, Florida State University, Tallahassee.

Sougiannis, T. 2002. The Relevance of Quantifiable Audit Qualifications in the Valuation of IPOs, 2002 Capital Markets Conference - University of Cyprus, Cyprus.

Sougiannis, T. 2001. Liability/Equity Classification Decisions and Shareholder Valuation, European Accounting Association (EAA) Annual Congress, Athens.

Sougiannis, T. 2001. Do Accounting Earnings or Free Cash Flows Provide a Better Estimate of a Stock's Value?, Security Analysts Association of Japan, Tokyo.

Lakonishok, J. , Chan, K. , Sougiannis, T. 2000. The Stock Market Valuation of Research and Development Expenditures, American Finance Association Meetings, Boston.

Sougiannis, T. 2000. R&D Reporting Biases and their Consequences, Contemporary Accounting Research, Vancouver.

Sougiannis, T. 2000. Estimating the Cost of Capital Using Forecasts of Profitability? (now titled "Using Forecasts of Earnings to Simultaneously Estimate Growth and the Rate of Return on Equity Investment"), European Financial Management Association Meetings, Athens.

Sougiannis, T. 2000. The Incremental Value of Analysts' Earnings Forecasts in Explaining Stock Returns (now titled "Do Financial Analysts Get Intangibles?"), Canadian Academic Accounting Association Annual Meeting, Halifax.

Sougiannis, T. 2000. Liability/Equity Classification Decisions and Shareholder Valuation, American Accounting Association Annual Meeting, Philadelphia.

Sougiannis, T. 2000. The Accuracy and Bias of Equity Values Inferred from Analysts' Earnings Forecasts, Journal of Accounting, Auditing and Finance Conference, Montvale.

Sougiannis, T. 2000. The Stock Market Valuation of Research and Development Expenditures, Third Annual Conference on Contemporary Issues in Capital Markets, Nicosia.

Sougiannis, T. 2000. The Stock Market Valuation of Research and Development Expenditures, European Financial Management Association Meetings, Athens.

Sougiannis, T. 2000. The Incremental Value of Analysts' Earnings Forecasts in Explaining Stock Returns (now titled "Do Financial Analysts Get Intangibles?"), Burton Workshop, Columbia University, New York.

Sougiannis, T. 2000. R&D Reporting Biases and their Consequences, European Accounting Association (EAA) Annual Congress, Munich.

Sougiannis, T. 1999. The Incremental Value of Analysts' Earnings Forecasts in Explaining Stock Returns (now titled "Do Financial Analysts Get Intangibles?"), American Accounting Association Annual Meeting, San Diego.

Sougiannis, T. 1999. The Stock Market Valuation of Research and Development Expenditures, Accounting Association of Australia and New Zealand Doctoral Colloquium, Cairns.

Sougiannis, T. 1999. The Stock Market Valuation of Research and Development Expenditures, American Accounting Association Annual Meeting, San Diego.

Sougiannis, T. 1999. Analysts' Interpretation and Investors' Valuation of Tax Carryforwards, 1999 Summer Symposium on Accounting Research, Hong Kong.

Sougiannis, T. 1999. The Stock Market Valuation of Research and Development Expenditures, European Finance Association Annual Meeting, Helsinki.

Sougiannis, T. 1999. R&D Reporting Biases and their Consequences, Second Intangibles Conference, New York.

Lakonishok, J. , Chan, K. , Sougiannis, T. 1998. The Stock Market Valuation of Research and Development Expenditures, National Bureau of Economic Research, Behavioral Finance Meetings, Chicago.

Sougiannis, T. 1997. Analysts' Interpretation and Investors' Valuation of Tax Carryforwards, Contemporary Accounting Research Conference, Toronto.

Sougiannis, T. 1997. The Accuracy and Bias of Equity Values Inferred from Analysts Earnings Forecasts, American Accounting Association Annual Meeting, Dallas.

Sougiannis, T. 1997. Analysts' Interpretation and Investors' Valuation of Tax Carry Forwards, Eighth Annual Conference on Financial Economics and Accounting, Buffalo.

Sougiannis, T. 1996. The Accuracy and Bias of Equity Values Inferred from Analysts' Earnings Forecasts, Sixteenth Annual International Symposium on Forecasting, Istanbul.

Sougiannis, T. 1995. A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation, Western Social Science Association Meeting, Finance Section, Oakland.

Sougiannis, T. 1995. A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation, American Accounting Association Annual Meeting, Orlando.

Sougiannis, T. 1995. A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation, European Finance Association Annual Meeting, Milan.

Sougiannis, T. 1995. A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation, Midwest Finance Association Annual Meeting, Cincinnati.

Sougiannis, T. 1993. Penetrating the Book-to-Market Black Box, Fourth Conference on Financial Economics and Accounting, St. Louis.

Case Studies

Sougiannis, T., Oltheten, E. 2001. Titan Cement Company S.A.. In ALBA Case Studies. The Athens Laboratory of Business Administration.

 

Contact Information:

209 Wohlers Hall
1206 South Sixth Street
Champaign, IL, 61820
(217) 244-0555
sougiani@illinois.edu


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UIUC College of Business