Professor Jayaraman is the Wesray Professor of Business Administration and Professor of Accounting. Professor Jayaraman's research interests are in corporate governance and the effects of accounting information in financial markets. His work on corporate governance examines how large shareholders discipline managers via the threat of exit, and the role that stock market liquidity plays in the design of executive compensation contracts.
Contemporary Topics in Accounting ResearchManagerial Accounting and Performance MeasurementReporting Analytics in Financial MarketsManagerial AccountingPositive Accounting Research Concepts and Empirical Analysis Tools
- Research Interests
Professor Jayaraman is currently interested in the informational feedback-effects of stock prices on managerial decision-making. In recent work, he has explored the functioning of financial institutions and the propagation of shocks between the banking and industrial sectors.
Professor Jayaraman's publications have appeared in the Journal of Accounting & Economics, Journal of Accounting Research, Journal of Finance, Journal of Financial Economics, Review of Accounting Studies, Review of Financial Studies and The Accounting Review. His work has been presented not only at academic conferences within the U.S. and around the world, but also at regulatory bodies such as the European Central Bank and the Federal Reserve Bank of New York.
- Teaching Interests
In addition to teaching a Ph.D. seminar, Professor Jayaraman also teaches Strategic Cost Analysis in the Executive, and MBA programs.
Product Market Peers and Relative Performance Evaluation2021The Accounting ReviewIssue4Volume96Good Buffer, Bad Buffer: Smoothing in banks’ loan loss provisions and the response to credit supply shocks2020Journal of Law, Finance, and AccountingIssue4 (2)Should I Stay or Should I Grow? Using Voluntary Disclosure to Elicit Market Feedback2020Review of Financial StudiesIssue8Volume33Is Silence Golden? Real Effects of Mandatory Disclosure2019Review of Financial StudiesIssue6Volume32The Source of Information in Prices and Investment-Price Sensitivity2017Journal of Financial EconomicsIssue1Volume126Cross-Border Financing by the Industrial Sector Increases Competition in the Domestic Banking Sector2016The Accounting ReviewIssue2Volume91CEO Equity Incentives and Financial Misreporting: The Role of Auditor Expertise2015The Accounting ReviewIssue1Volume90Exit as Governance: An Empirical Analysis2013The Journal of FinanceIssue6Volume68Agency-based demand for conservatism: evidence from state adoption of antitakeover laws2013Review of Accounting StudiesIssue1Volume18Private Control Benefits and Earnings Management: Evidence from Insider Controlled Firms2012Journal of Accounting ResearchIssue1Volume50Audited financial reporting and voluntary disclosure as complements: A test of the confirmation hypothesis2012Journal of Accounting and EconomicsIssue1Volume53The effect of enforcement on timely loss recognition: Evidence from insider trading laws2012Journal of Accounting and EconomicsIssue1Volume53The role of stock liquidity in executive compensation2011The Accounting ReviewIssue2Volume87Earnings volatility, cash flow volatility, and informed trading2008Journal of Accounting ResearchIssue4Volume46