Russell Lundholm
B.S. (Oregon State); M.S. (Iowa); PhD (Iowa); CPA (Iowa)
Alumni Professorship in Accounting
Faculty Member, KPMG Reseach Bureau in Financial Reporting
Professor, Accounting Division
Contact Information
Office Henry Angus 380
Tel 604-822-0431
Email russell.lundholm@sauder.ubc.ca
Research Interests:
Financial Statement Analysis; Forecasting Equity Valuation
Teaching - Winter 2011
Term 1, September 6 to December 2, 2011
Comm 459; Section 101; Monday & Wednesday; 11:30 - 1:00 pm; Room HA 39
Comm 459; Section 102; Monday & Wednesday; 1:00 - 2:30 pm; Room HA 39
Term 2, January 4 to April 5, 2012
Comm 590B; Section 001; Monday; 9:00 - 12:00 pm; Room 432
MBA
BAAC 501; Section 001; September 6 - October 15, 2011; Wednesday; 6:00 - 9:30 pm; Room HA 335
Publications:
"Percent Accruals", The Accounting Review, forthcoming 2011. Co-authors: Nader Hafzalla and E. Matthew Van Winkle.
"Motives for Disclosure and Non-Disclosure: A Framework and Review of Evidence", Accounting and Business Research, 2006, pp. 44-48. Co-author: E. Matthew Van Winkle.
"Discussion of 'Modeling Goodwill for Banks: A Residual Income Approach with Empirical Tests", Contemporary Accounting Research, 2006, pp. 69-71.
"The Extreme Future Stock Returns Following I/B/E/S Earnings Surprises", Journal of Accounting Research, December 2006, 44:5, pp. 848-888. Co-authors: Jeffrey T. Doyle and Mark T. Soliman. (The results from this paper were featured in a Business Week article, October 17, 2005.)
"The Predictive Value of Expenses Excluded from 'Pro Forma' Earnings", Review of Accounting Studies, June 2003, Volume 8, pp. 145-174. Co-authors: Jeffrey T. Doyle and Mark T. Soliman. (This paper won the Review of Accounting Studies 2003 Conference Best Paper Award and has been featured in numerous articles in the financial press, including the Wall Street Journal, Fortune, Business Week, Forbes and the New York Times.)
"Historical Accounting and the Endogenous Credibility of Current Disclosures", Journal of Accounting, Auditing and Finance, Winter 2003, Volume 18, No. 1, pp. 207-229.
"Bringing the Future Forward: The Effect of Voluntary Disclosure on the Returns-Earnings Relation", Journal of Accounting Research, June 2002, Volume 40, No. 3, pp. 809-840. Co-author: Linda A. Myers.
"On Comparing Residual Income and Discounted Cash Flow Models of Equity Valuations: A Response to Penman 2001", Contemporary Accounting Research, Winter 2001, Volume 18, No. 4, pp. 693-696. Co-author: Terry O'Keefe
"On the Aggregation and Valuation of Deferred Taxes: A Discussion of Amir, Kirschenheiter and Willard", Review of Accounting Studies, June/September 2001, Volume 6, No. 2/3, pp. 229-304.
"Reconciling Value Estimates from the Discounted Cash Flow Value Model and the Residual Income Model", Contemporary Accounting Research, Summer 2001, pp. 1-26. Co-author: Terry O'Keefe.
"Voluntary Disclosure During Equity Offerings: Reducing Information Asymmetry or Hyping the Stock", Contemporary Accounting Research, Winter 2000, pp. 623-663. Co-author: Mark H. Lang. (This paper was featured in an article in Barrons-Online, May 27, 1999.)
"Reporting on the Past: A New Approach to Improving Accounting Today", Accounting Horizons, December 1999, pp. 315-323.
"Cheap Talk, Fraud, and Adverse Selection in Financial Markets: Some Experimental Evidence", Review of Financial Studies, Fall 1999, pp. 481-518. Co-authors: Robert Forsythe and Thomas Reitz. (This study was featured in an article in the Wall Street Journal, November 17, 1998, East Coast and Interactive Editions.)
"Corporate Disclosure Policy and Analyst Behavior", Accounting Review, October 1996, pp. 467-492. Co-author: Mark Lang.
"The Relation between Security Returns, Firm Earnings and Industry Earnings", Contemporary Accounting Research, November 1996, pp. 607-629. Co-author: Mark Lang.
"Segment Reporting to the Capital Market in the Presence of a Competitor", Journal of Accounting Research, Autumn 1996, pp. 261-280. Co-author: Rachel M. Hayes
"Endogenous Timing and the Clustering of Agents' Decisions", Journal of Political Economy, 1995, pp. 500-527. Co-author: Faruk Gul.
"A Tutorial on the Ohlson and Feltham/Ohlson Models: Answers to Some Frequently-Asked Questions", Contemporary Accounting Research, 1995, pp. 749-762.
"Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures", Journal of Accounting Research, Autumn 1993, pp. 246-271. Co-author: Mark Lang.
"On the Optimality of Public Signal Releases in the Presence of Private Information", The Accounting Review, January 1993, pp. 93-112. Co-author: Michael Alles
"Do Prices Convey Information? Further Empirical Evidence", Research in Experimental Economics, 1992, Volume V, pp. 61-79. Co-authors: Douglas V. DeJong, Robert Forsythe and Susan Watts.
"Public Signals and the Equilibrium Allocation of Private Information", Journal of Accounting Research, Autumn 1991, pp. 322-349.
"What Affects the Efficiency of a Market? Some Answers fromt he Laboratory", The Accounting Review, July 1991, pp. 486-515.
"Sequential Statistical Methods for Experimental Economics", Research in Experimental Economics, Volume IV, edited by M. Isaac, 1991, pp. 191-210.
"Information Aggregation in an Experimental Market", Econometrica, March 1990, pp. 309-347. Co-author: Robert Forsythe
"Discussion of 'The Effects of Antifraud Rules and Ex Post Verifiability on Managerial Disclosures' by R. King and D. Wallin", Contemporary Accounting Research, 1989, pp. 899-902.
"Price-Signal Relations in the Presence of Correlated Public and Private Information", Journal of Accounting Research, Spring 1988, pp. 107-118.
"Information Asymmetry and Capital Market Behaviour: Some Evidence from a Laboratory Market Setting", Laboratory Market Studies, edited by S. Moriarity, University of Oklahoma Press, 1986, pp. 36-47.
"Ripoffs, Lemons and Reputation Formation in Agency Relationships: A Laboratory Market Study", Journal of Finance, July 1985, pp. 809-819. Co-authors: Douglas V. DeJong and Robert Forsythe.
"A Laboratory Investigation of the Moral Hazard Problem in an Agency Relationship", Supplement to the Journal of Accounting Research, 1985, pp. 81-120. Co-authors: Douglas V. DeJong, Robert Forsythe and Wilfred C. Uecker.